South Korea approves 20 trillion won sovereign fund account for AI investment
South Korea has approved a new 20 trillion won account inside its sovereign wealth fund to finance AI, data centers…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
AI model distillation becomes new flashpoint in US-China tech rivalry
A technique called model distillation, long used to shrink large AI systems into cheaper ones, has become a new flashpoint…
Xi Jinping’s US visit odds slip as tech tensions escalate
Prediction-market pricing on a Xi Jinping visit to the United States before the end of 2026 has edged lower as…
Iran strikes U.S. military bases in Kuwait and Bahrain after Egypt drone attack
Iran's army says it struck strategic U.S. military assets in Kuwait and Bahrain, shortly after Egypt reported a drone hit…
Trump Says ‘Board of Peace’ Reaches Gaza Disarmament Deal
President Donald Trump says his "Board of Peace" has reached a deal for the complete disarmament of Hamas and other…
