A French military Rafale fighter jet shot down a drone on Monday that entered NATO country Latvia’s airspace from Russia, the latest in a series of such security incidents along Europe’s eastern border regions.
Switzerland goes to the polls on June 14 to vote on whether to cap its population at 10 million people in a referendum some have likened to a “Swiss Brexit”, alarming many businesses who fear an economic blow should the proposal succeed.
British Prime Minister Keir Starmer is set to announce a ban on “harmful” online platforms for children under 16 while maintaining access to some safer forms of social media, the Times newspaper reported on Monday.
At least 15 people were feared dead in the southern Philippines on Monday after a powerful magnitude 7.8 earthquake struck off the island of Mindanao, triggering tsunami warnings across several countries.
Sam Konrad’s stocks are having a fantastic year, thanks to AI-fueled rallies in Taiwan and South Korea, but his fund is so top heavy with winners, he now needs to ditch his best performers.
South Korea’s stock benchmark plunged over 8% on Monday, tripping circuit breakers, after robust U.S. jobs data lifted bets on a Federal Reserve rate hike and unleashed a selloff in the tech‑heavy market that had powered the broader AI rally.
The biggest oil supply shock in decades has entered its fourth month – with no resolution in sight as neither the U.S. nor Iran appears willing to budge – yet the market has settled into an eerie calm. This disconnect reflects an uncomfortable reality: the biggest drivers of today’s energy market are a host of unknowns.
The dollar was perched near a two-month high on Monday after a blowout U.S. jobs report sent traders ramping up bets on a Federal Reserve rate hike this year, while the yen teetered further into the intervention zone.
Gold prices extended losses on Monday on rising fears of a U.S. rate hike after a strong jobs report, while renewed hostilities in the Middle East pushed oil prices higher and fanned inflation concerns.
Asian stocks plunged on Monday as investors rushed out of the hottest AI-linked shares on fears the bull run has gone too far, too fast and as fresh hostilities in Iran pushed up oil prices.