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Asian stocks fall for 4th day as higher yields bite, all eyes on Nvidia results

Asian stocks fall for 4th day as higher yields bite, all eyes on Nvidia results

By Stella Qiu SYDNEY, May 20 (Reuters) - Asian stocks fell for a fourth straight session on Wednesday as war-driven inflation fears hammered bonds, while investors awaited earnings from Nvidia to see whether the world's most valuable company might help markets navigate higher borrowing costs.
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G7 finance ministers explore responses to Iran war fallout

G7 finance ministers explore responses to Iran war fallout

By Makiko Yamazaki, Maria Martinez and David Lawder PARIS, May 19 (Reuters) - France's finance minister urged the International Monetary Fund and the World Bank to do more to help countries most vulnerable to the fallout from the Middle East conflict, as he hosted ministers from the G7 and other
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Russia Initiates Nuclear Drills in Belarus Amid Rising Tensions

Russia Initiates Nuclear Drills in Belarus Amid Rising Tensions

Russia's armed forces have commenced a three-day series of nuclear weapons drills from May 19 to 21, 2026. These exercises involve over 65,000 troops and 7,800 types of equipment and weapons, including more than 200 missile launchers. The drills are taking place across Russia and include the test-launching of ballistic and cruise missiles. This military activity coincides with heightened tensions in the ongoing Russia-Ukraine conflict and follows the breakdown of the last nuclear arms pact between Russia and the United States. The drills also address the joint training and use of nuclear weapons deployed in Belarus, a close ally of Russia that borders NATO. The announcement of these exercises was made just before President Vladimir Putin's scheduled visit to China.
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China-Russia Trade Surges Amid Ukraine War, Boosting Local Economies

China-Russia Trade Surges Amid Ukraine War, Boosting Local Economies

Since the onset of the Ukraine war, trade between China and Russia has significantly increased, with Russian rubles flowing into Chinese border towns. This economic relationship has been bolstered by a 'no limits' partnership declared by Xi Jinping and Vladimir Putin. The trade surge is particularly evident in Suifenhe, a Chinese city near the Russian border, where car exports to Russia have become a major industry. Despite Western sanctions, Chinese businesses have filled the void left by retreating Western companies, with exports from Heilongjiang province to Russia increasing by 22%. The influx of Russian visitors, facilitated by a visa-free policy, has further stimulated local economies. However, China's economy faces challenges such as an aging population and a depressed real estate sector, making it reliant on exports, including discounted energy supplies from Russia.
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China Hosts Back-to-Back Summits with U.S. and Russia, Highlighting Strategic Position

China Hosts Back-to-Back Summits with U.S. and Russia, Highlighting Strategic Position

China is hosting significant back-to-back summits with the United States and Russia, marking a pivotal moment in international diplomacy. President Trump recently concluded his visit to China, and Russian President Vladimir Putin is scheduled to visit shortly after. This marks the first time China has hosted leaders from both the White House and the Kremlin in the same month outside of a multilateral setting. The meetings underscore China's efforts to manage its relationships with both countries and position itself as a central power in a fragmented global order. During Putin's visit, discussions will focus on bilateral cooperation and international issues, with the potential inclusion of Russia's war in Ukraine on the agenda.
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A NATO fighter jet shoots down a Ukrainian drone over Estonia

A NATO fighter jet shoots down a Ukrainian drone over Estonia

Authorities say a NATO fighter jet deployed shot down a Ukrainian drone over southern Estonia
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Russia Begins Major Nuclear Drills Amid Rising Tensions with Ukraine

Russia Begins Major Nuclear Drills Amid Rising Tensions with Ukraine

Russia has commenced three days of extensive nuclear weapons drills involving thousands of troops across the country. This development occurs as Kyiv escalates its drone attacks and President Vladimir Putin heads to China. The drills follow the breakdown of the last nuclear arms pact between Russia and Washington and are part of Moscow's ongoing display of nuclear capabilities. The exercises involve over 65,000 soldiers and various military equipment, including missile launchers, aircraft, and submarines. The drills also address the joint training and use of nuclear weapons deployed in Belarus, a move that has raised concerns among NATO members.
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Ukraine Strikes Russian Oil Facilities Amid Ongoing Conflict

Ukraine Strikes Russian Oil Facilities Amid Ongoing Conflict

Ukrainian forces have targeted major Russian oil facilities, including the Lukoil-Nizhegorodnefteorgsintez refinery and the Yaroslavl-3 oil pumping station. These strikes are part of Ukraine's broader strategy to disrupt Russian supply lines and weaken its military capabilities. The attacks come amid ongoing Russian assaults on Ukrainian regions, such as Chernihiv and Sumy, resulting in civilian casualties and infrastructure damage. Additionally, reports have emerged of China secretly training Russian soldiers, indicating deeper military cooperation between Moscow and Beijing.
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Stelar Metals Announces Potential Acquisition of Tungsten Mining Project Amid Surging Prices

Stelar Metals Announces Potential Acquisition of Tungsten Mining Project Amid Surging Prices

Stelar Metals Announces Potential Acquisition of Tungsten Mining Project Amid Surging Prices
1Weather 1Weather
Total Solar Eclipse to Reach Totality on August 12, 2026, Across Greenland, Iceland, and Spain

Total Solar Eclipse to Reach Totality on August 12, 2026, Across Greenland, Iceland, and Spain

A rare total solar eclipse will occur on August 12, 2026, marking the first time mainland Europe will experience totality since 1999. The eclipse will begin at sunrise over Russia's Taymyr Peninsula, then traverse the Arctic Ocean, Greenland, Iceland, and northern Spain before ending in Portugal at sunset. The path of totality spans 5,157 miles, with the longest duration of totality—2 minutes and 20 seconds—occurring 45 kilometers off Iceland's western coast. Greenland's Scoresby Sound fjord will also offer a maximum totality of 2 minutes and 18 seconds. Observers in northern Spain, including Oviedo and Gijón, will experience shorter durations of 1 minute 50 seconds and 1 minute 45 seconds, respectively. This celestial event is expected to attract hundreds of thousands of eclipse chasers worldwide.
1Weather 1Weather
Longest Totality of 2026 Solar Eclipse Near Iceland's Coast

Longest Totality of 2026 Solar Eclipse Near Iceland's Coast

On August 12, 2026, a total solar eclipse will traverse a 5,157-mile path across the Earth, marking the first time mainland Europe will experience totality since 1999. The eclipse will begin over Russia, cross the Arctic Ocean, Greenland, Iceland, and northern Spain, and conclude in Portugal. The longest duration of totality, 2 minutes and 20 seconds, will occur 45 kilometers off Iceland's western coast. Greenland's Scoresby Sound fjord will see 2 minutes and 18 seconds of totality, while northern Spain will experience shorter durations, such as 1 minute and 50 seconds in Oviedo. This event is expected to attract hundreds of thousands of eclipse chasers worldwide.