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[LONDON] The euro and the yen were headed for a third straight daily loss against the US dollar, pressured by political turmoil in France and expectations of increased fiscal spending in Japan.Expansive economic policies in Japan and France’s struggle to rein in its fiscal deficit are expected to increase the risk premium investors demand to hold government bonds, weighing on both currencies.Meanwhile, global shares rose on Wednesday (Oct 8), shaking off political drama, while a prolonged US government shutdown catapulted gold beyond US$4,000 per ounce for the first time.The greenback drew support earlier in the session from safe-haven demand, with…
Having a tough time following along with the MLB postseason? Just want to relive the best moments?Don’t worry, we’re here to help you by figuring out what you missed but shouldn’t have. Here are all the best moments from last night in Major League Baseball:The Mariners win againGame 3 of the ALDS between the Mariners and Tigers took its time getting started thanks to a rain delay, but fans were eventually rewarded with an entertaining bout. Well, not Tigers fans. But they are playing with house money at this point, anyway, and can only be so upset after almost collapsing…
Matt Van Epps wins Republican nomination for U.S. House in Tennessee’s 7th Congressional District special primary election
[BENGALURU] Gold raced past US$4,000 an ounce for the first time on Wednesday (Oct 8) as investors piled into a historic rally in the safe haven to hedge against global economic and geopolitical uncertainties, while also betting on US interest rate cuts.Spot gold was up 1.4 per cent at US$4,039.10 per ounce by 0820 GMT. US gold futures for December delivery gained 1.4 per cent to US$4,061.80.Silver also latched on to gold’s rally, gaining 2 per cent to US$48.76 per ounce, and just down from its all-time high of US$49.51.Traditionally, gold is seen as a store of value during times…
Image Source: Bing Image. License: All Creative Commons If you’ve been reading the news recently, you may assume drones are all about cinematic blockbuster aerial shots or taking your next pizza to your doorstep. But in 2025, drones are the wild card of choice for the high-stakes game of global security—flying over power plants, military bases, and even presidential golf resorts, leaving governments guessing who is watching and why. Image Source: Bing Image. License: All Creative Commons We begin with the strange increase in drone sightings over key infrastructure along the likes of northern Germany and the US East Coast.…
If you thought the first half of the college football season had plenty of high-stakes matchups, wait until you see what the second half of the year has in store. A handful of possible matchups between top-10 or top-15 teams loom, and with each week that goes by, the pressure in each of those games will only get higher. But there are also some games involving teams ranked outside of the top 15 that could dictate the College Football Playoff field. Consider that at this time last year, Arizona State and SMU weren’t ranked before they made their run to make…
House Speaker Mike Johnson of Louisiana holds a press conference with other Republican members of Congress at the U.S. Capitol in Washington, D.C., on Oct. 8, 2025, during the eighth day of the government shutdown. John McDonnell / AP At his now-daily press conference at the Capitol, House Speaker Mike Johnson said he supports furloughed federal workers getting back pay once the shutdown is over. “It’s my understanding that the law is that they would be paid. There is some other legal analysis that is floating around. I have yet had time to dig into and read that, but it has…
This is because more than half of the Chinese-built ships are below a stipulated size or are US-owned, and several liner operators have pledged not to raise rates [SINGAPORE] Shippers are not expected to pay higher freight rates when the United States port fees targeting Chinese-related ships kick in, even though 35 per cent of the combined bulk, crude tanker, product tanker and container fleet could be subject to the additional fees, shipping trade body Bimco has said.This is because the affected carriers are under pressure not to pass on the higher costs to shippers, and uncompetitive operators will leave…
I can’t believe that the Sam Darnold we’re watching now used to see ghosts. Jayden Daniels, who returned after missing two weeks with a knee sprain, is still Mr. Cool. And, just when you’re ready to jump off his ship, Bryce Young finds a way to remind you why he was a No. 1 pick in the draft. These were some of my observations watching the quarterback play in the NFL this past week. That brings us to the latest QB Stock Market, where we monitor the performance fluctuations of quarterbacks throughout the season — a power ranking of sorts at…
Gold surged past the $4,000 an ounce level for the first time on Wednesday, building on a record-breaking rally as broader geopolitical and economic uncertainty, as well as expectations of U.S. interest rate cuts sent investors flocking to the safe-haven asset. Spot gold was up 1.5 per cent at $4,041.71 per ounce by 10:09 AM ET (1409 GMT). U.S. gold futures for December delivery gained 1.5 per cent to $4,063.70.Silver also latched on to gold’s rally, gaining 2.3 per cent to $48.92 per ounce, and hovering just below its all-time high of $49.51.Gold, traditionally seen as a store of value during…
