Wednesday, May 6, 2026
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Economy

European Defense Stocks Surge Amid Calls for Increased Military Spending

European defence stocks are flying high as Trump's pause on aid to Ukraine spurs calls for continent's rearmament.
Economy

US President Announces Inclusion of Major Cryptocurrencies in New Strategic Reserve

US president says Bitcoin, Ethereum, XRP, Solana, and Cardano will be included in 'Crypto Strategic Reserve'.
Economy

Jakarta Moves to Safeguard Minors from Harmful Influences

Jakarta says it is preparing legislation to protect minors from 'physical, mental, or moral perils'.
Economy

City-State Empowers Authorities to Freeze Bank Accounts for Scam Victim Protection

The city-state has granted authorities powers to freeze bank accounts to protect suspected scam victims from themselves.
Economy

Nvidia’s $600 Billion Loss: How a Chinese AI Model Challenges US Tech Dominance

Chip giant Nvidia shed nearly $600bn in market value after Chinese AI model cast doubt on supremacy of US tech firms.
Economy

Chinese Platforms Tackle Hate Speech Amid Ongoing Anti-Foreigner Sentiment

Chinese platforms have pledged to crack down on hate, but anti-foreigner sentiment still circulates widely online.
Economy

Musk’s Undisclosed Stake Led to $150 Million Underpayment, SEC Claims

US Securities and Exchange Commission says Musk's failure to disclose stake allowed him to underpay $150m for shares.
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