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Sun, Dec 28, 2025 12:24 AM All times are UTC

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Australian retail sales grow by 0.4 pct in August, disappointing market expectations

Oct 04, 2019 05:36 am UTC| Commentary Economy

Australias retail sales grew by 0.4 percent in August, below ANZ and market expectations. This upgrade compared with recent months (0.2 percent m/m average for the last 6 months) represents the early effects of tax and...

Global central banks’ easing frenzy drags Australian 10-year bond yield to 1-month low

Oct 04, 2019 04:24 am UTC| Commentary Economy

The Australian 10-year government bond yield slumped to 1-month low during Asian session Friday tracking a similar movement in the United States Treasuries amid surging safe-haven demand as global central banks are in a...

Recent data and price indicators suggest upside to oil prices from current level, says Barclays Research

Oct 03, 2019 15:22 pm UTC| Commentary Economy

Recent data and price indicators suggest upside to oil prices from current level, according to the latest report from Barclays Research. The EIA released detailed statistics for the month of July this week, which showed...

U.S. Treasuries jump ahead of weekly initial jobless claims, September ISM non-manufacturing PMI

Oct 03, 2019 12:14 pm UTC| Commentary Economy

The U.S. Treasuries jumped during Thursdays afternoon session ahead of the countrys weekly initial jobless claims, scheduled to be released today by 12:30GMT, besides, the ISM non-manufacturing PMI for the month of...

EUR/USD likely to decline if trade conflict between US and Europe intensifies further, says Commerzbank

Oct 03, 2019 11:20 am UTC| Commentary Economy

The EUR/USD currency pair is expected to decline if the trade conflict between the United States and Europe were to intensify, according to the latest research report from Commerzbank. The focus is turning to US data...

UK gilts climb after September services PMI shrinks into contraction phase

Oct 03, 2019 10:10 am UTC| Commentary Economy

The United Kingdoms gilts climbed during European trading hours Thursday after the countrys services PMI for the month of September, fell into contractionary phase, also failing to meet market expectations. The yield on...

Australia’s August trade surplus falls in line with estimates, as export values dipped and imports were broadly steady

Oct 03, 2019 08:33 am UTC| Commentary Economy

Australias trade surplus in August fell in line with expectations, as export values dipped in the month and imports were broadly steady. The main drag on exports was from non-rural goods, reflecting the drop-off in iron...

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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...