PRESS AI WORLD

ECONOMY

Singapore's Economy Grows 6% in Q1, Driven by AI Demand Amid Middle East Tensions

Monday, May 25

Singapore's economy grew 6% in Q1 2026, underpinned by AI demand despite concerns over the Iran conflict's impact.

ECONOMY

Oil Prices Decline Amid US-Iran Peace Deal Negotiations

Monday, May 25

Oil prices drop significantly as negotiations for a US-Iran peace deal continue, raising concerns over Middle Eastern oil supply.

ECONOMY

India Raises Fuel Prices for Third Time This Month Amid Ongoing Conflict

Saturday, May 23

Petrol and diesel prices in India increase for the third time this month amidst escalating crude oil prices due to ongoing conflicts.

ECONOMY

Kevin Warsh sworn in as new Federal Reserve chair amid political scrutiny

Saturday, May 23

Kevin Warsh is sworn in as the new Federal Reserve chair, vowing to maintain independence amid political pressure to cut interest rates.

ECONOMY

Elon Musk's SpaceX Plans Historic IPO, Targeting Up to $75 Billion

Friday, May 22

Elon Musk's SpaceX is preparing for a record-breaking IPO, aiming to raise up to $75 billion and potentially make Musk the first trillionaire.

ECONOMY

Oil Prices Surge Amid Doubts Over US-Iran Peace Talks and Continued Hormuz Tensions

Friday, May 22

Oil prices are rising as doubts grow over US-Iran peace negotiations and tensions in the Strait of Hormuz persist, highlighting global supply concerns.

ECONOMY

Russian Jets "Dangerously" Intercept British RAF Spy Plane Over Black Sea

Wednesday, May 20

Russian jets conducted a dangerous interception of a British spy plane over the Black Sea last month, raising concerns over military conduct in international airspace.

ECONOMY

UK Eases Sanctions on Russian Oil Amid Surge in Fuel Prices

Wednesday, May 20

The UK has eased sanctions on Russian oil as fuel prices soar due to global disruptions, raising concerns among Ukraine's allies.

ECONOMY

Samsung Electronics Faces Major 18-Day Strike as Bonus Negotiations Fail

Wednesday, May 20

Over 48,000 Samsung workers prepare for an 18-day strike after bonus negotiations collapse, potentially impacting South Korea's economy and global semiconductor supply.