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Australian bonds trade lower on hopes of U.S.-China trade talks; inflation expectations jumps to six-month high

Oct 10, 2019 05:19 am UTC| Commentary Economy

The Australian government bonds traded lower on Thursday as markets are hopeful of a resolution from the U.S.-China trade talks scheduled to be held later today. The yield on Australias benchmark 10-year note, which...

Myth busted: China’s status as a developing country gives it few benefits in the World Trade Organisation

Oct 09, 2019 14:02 pm UTC| Insights & Views Economy

Whether China is a developing or a developed country for the purposes of the World Trade Organisation matters a lot to the US president. President Donald Trump ignited a new front in the US-China trade war in July by...

U.S. Treasuries plummet ahead of FOMC Chair Powell’s speech, August JOLTs job openings data

Oct 09, 2019 12:07 pm UTC| Commentary Economy

The U.S. Treasuries plummeted during Wednesdays afternoon session despite a speech by Federal Open Market Committee (FOMC) Chair Jerome Powell, delivered late yesterday, where he concluded to expand the size of the balance...

The UK doesn't spend enough on the mental health of young people – we found out why

Oct 09, 2019 11:37 am UTC| Insights & Views Economy

In 2016 the then health secretary, Jeremy Hunt, declared child mental health services the biggest single area of weakness in the NHS. He might have added that it is also vastly underfunded. The mental health of children...

The surprising decline of entrepreneurship and innovation in the West

Oct 09, 2019 11:31 am UTC| Insights & Views Economy

The idea that we are living in an entrepreneurial age, experiencing rapid disruptive technological innovation on a scale amounting to a new industrial revolution is a pervasive modern myth. Scholars have written academic...

A deep dive into what drives protests in Ghana

Oct 09, 2019 11:26 am UTC| Insights & Views Economy

The history of protests in Ghana reveals three persisting themes. These may suggest what Ghana and some other countries could do to avoid protest action in future. My study found that over time, Ghanaians have tended to...

German bunds plunge as investors await August trade balance, September CPI data

Oct 09, 2019 10:47 am UTC| Commentary Economy

The German bunds plunged during European session Wednesday as investors await the countrys trade balance data for the month of August, scheduled to be released on October 10 by 06:00GMT and the consumer price inflation...

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Economy

Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Volatility

Russian stocks finished Saturdays trading session slightly lower overall, with the MOEX Russia Index closing flat at 0.00% in Moscow. Market performance was mixed, as gains in select heavyweight stocks were offset by...

China Industrial Profits Slump Signals Need for More Economic Stimulus

Profits at Chinas industrial firms fell sharply in November, marking the fastest year-on-year decline in more than a year and underscoring the fragile state of the countrys economic recovery. According to data released by...

Japan to Audit Brazil’s Beef System, Paving Way for Market Access

Japan is set to conduct a comprehensive audit of Brazils beef sanitary system in March 2026, marking a significant step toward the possible opening of Japans lucrative beef market to Brazilian beef exports. The...

Wall Street Ends Post-Christmas Session Flat as Investors Eye Santa Claus Rally

Wall Street finished a light-volume, post-Christmas trading session nearly unchanged on Friday, as investors found little fresh news to drive strong market conviction. After a solid five-session rally, all three major U.S....

Argentina Congress Approves 2026 Budget Under Milei, Marking First Legislative Passage Since 2023

Argentinas Congress has approved the countrys 2026 national budget, marking the first budget bill passed by legislators since President Javier Milei assumed office in late 2023. The budget was approved on Friday by a vote...

Politics

Canada Announces $2.5 Billion Economic Aid Package to Support Ukraine’s Financial Stability

Canadian Prime Minister Mark Carney announced on Saturday that Canada will provide an additional $2.5 billion in economic aid to Ukraine, reinforcing the countrys ongoing support amid the prolonged conflict with Russia....

Israel Recognizes Somaliland as Independent State, Sparking Regional and Global Reactions

Israel has become the first country to formally recognize the self-declared Republic of Somaliland as an independent and sovereign state, a landmark decision that could significantly reshape political dynamics in the Horn...

California Drops Lawsuit Over Federal Funding Cuts to High-Speed Rail Project

California has withdrawn its lawsuit challenging the Trump administrations decision to cancel more than $4 billion in federal grants for the states long-running high-speed rail project, signaling a major shift in how the...

Thailand-Cambodia Ceasefire Holds After Deadly Border Clashes

Thailand and Cambodia have agreed to a new ceasefire aimed at ending weeks of intense border fighting, marking a critical step toward easing one of Southeast Asias most serious military confrontations in years. The truce,...

FBI to Permanently Close Hoover Building, Relocate Headquarters to Reagan Building

FBI Director Kash Patel announced Friday that the agency will permanently shut down its historic headquarters, the J. Edgar Hoover Building in Washington, D.C., marking a major shift in the bureaus long-discussed...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Nvidia and Groq Strike Strategic AI Inference Licensing Deal

Reports earlier this week suggested that Nvidia (NASDAQ: NVDA) had agreed to acquire AI chip startup Groq in a $20 billion all-cash transaction. However, updated details clarify that the arrangement is not a traditional...

TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards

Several leading Japanese semiconductor equipment manufacturers have been recognized with 2025 Supplier Awards from Taiwan Semiconductor Manufacturing Company (TSMC), highlighting their growing importance in the global chip...

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...
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