Defense stocks rise as Trump calls for military spending hike

Defense stocks rise as Trump calls for military spending hike

Global defense stocks rallied on Thursday, extending gains after U.S. President Donald Trump called for a $1.5 trillion defense budget in 2027. “After the long and difficult negotiations with Senators, Congressmen, Secretaries, and other Political Representatives, I have determined that, for the Good of our Country, especially in these very troubled and dangerous times, our…

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Trump reserves right to use military to secure oil interests in Venezuela

Trump reserves right to use military to secure oil interests in Venezuela

President Donald Trump prepares to depart for the Army/Navy football game in Baltimore, at the White House in Washington, Dec. 13, 2025. Aaron Schwartz | Reuters President Donald Trump reserves the right to use military force to secure oil interests in Venezuela, White House press secretary Karoline Leavitt said Wednesday. “The president, of course, reserves…

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Samsung Electronics estimates nearly three-fold profit surge as memory prices skyrocket

Samsung Electronics estimates nearly three-fold profit surge as memory prices skyrocket

Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images South Korea’s Samsung Electronics expects its profits to triple in the final three months of last year, reaching a record high, as memory prices surge amid booming demand tied to artificial intelligence.  The world’s largest memory…

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Trump withdraws U.S. from dozens of international organizations, White House says

Trump withdraws U.S. from dozens of international organizations, White House says

President Donald Trump speaks at a Hanukkah reception on Tuesday, Dec. 16, 2025 at the White House in Washington, D.C. Peter W. Stevenson | The Washington Post | Getty Images U.S. President Donald Trump on Wednesday signed a proclamation withdrawing the United States from 35 non-United Nations organizations and 31 U.N. entities that “operate contrary…

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Nikkei 225, Hang Seng Index

Nikkei 225, Hang Seng Index

SHENZHEN, CHINA – AUGUST 26: An aerial view of the Shenzhen skyline on August 26, 2020 in Shenzhen, Guangdong Province of China. (Photo by He Shaoping/VCG via Getty Images) Vcg | Visual China Group | Getty Images Asia-Pacific markets opened mixed Thursday after Wall Street closed in the red on growing geopolitical tensions and comments…

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