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Tue, Dec 23, 2025 05:02 AM All times are UTC

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New Zealand 10-year bond yields hit 6-1/2 month low at close on massive short-covering

Jun 01, 2017 06:09 am UTC| Commentary Economy

The New Zealand 10-year bond yields hit a 6-1/2 month low on Thursday as the market witnessed a massive short-covering by the investors and after the Reserve Bank of New Zealand (RBNZ) released a balanced outlook on the...

Korea domestic demand likely to pick up in Q2, support growth: DBS Bank

Jun 01, 2017 05:41 am UTC| Commentary Economy

South Koreas domestic demand is expected to pick up and support the Q2 growth. This weeks data showed that retail sales increased a solid 0.7 percent m/m (s.a.) in April, up from -0.1 percent in the previous month and well...

Australian bonds jump despite rebound in April retail sales

Jun 01, 2017 04:44 am UTC| Commentary Economy

The Australian bonds jumped Thursday despite a rebound in the countrys retail sales for the month of April. However, the disappointment in CAPEX data in the first quarter of this year supported prices in the debt...

China's home sales decline stabilizes around -10 pct, could prompt tighter regulation from PBoC

May 31, 2017 12:01 pm UTC| Insights & Views Economy

Latest data released by China Index Academy showed that a total 51,000 units were reported as sold for 30 T1 and T2 for week 20, down from 59,000 units in the corresponding week last year. Chinas home sales declined 13...

Global Reflation Series

Global Reflation Series: Inflation weakens across Europe

May 31, 2017 11:46 am UTC| Commentary Economy

The hawkish views of monetary policies from central banks around the world are taking a hit and the financial markets have started reprising it, facing with softer than expected inflation readings across globe amid a fresh...

U.S. Treasuries skid ahead of non-farm payrolls report, initial jobless claims

May 31, 2017 11:21 am UTC| Commentary Economy

The U.S. Treasuries slid ahead of the Federal Open Market Committee (FOMC) member Williams speech, due to be held on June 1, besides, the ADP non-farm employment and initial jobless claims, scheduled to be released on the...

German bunds sink on better unemployment rate; weaker-than-expected Eurozone CPI limits fall

May 31, 2017 09:34 am UTC| Commentary Economy

The German bunds sunk Wednesday, after witnessing a fall in the countrys unemployment rate for the month of May, released today. However, a weaker-than-expected consumer price inflation in the Eurozone for May has...

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Economy

IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding

The International Monetary Fund (IMF) has announced that it reached a staff-level agreement with Egypt on the fifth and sixth reviews of the countrys Extended Fund Facility (EFF), a key step that could unlock around $2.5...

RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist

The Reserve Bank of Australia (RBA) has revealed that its board members discussed the possibility of raising interest rates in 2026, according to the minutes from the central banks December policy meeting. The discussion...

Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week

U.S. stock markets closed higher on Monday, extending recent gains as investors look to finish the year on a strong note despite thinning trading volumes in a holiday-shortened week. The SP 500 rose 0.5% by the closing...

Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs

Global financial markets started a holiday-shortened week on a positive note, with most major stock indexes posting gains as technology stocks rebounded and investor sentiment improved. Wall Street was supported by...

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

Politics

Trump Administration Recalls Nearly 30 U.S. Ambassadors in Push for “America First” Agenda

The Trump administration has recalled nearly 30 U.S. ambassadors and senior career diplomats from overseas posts, a move officials say aligns embassies more closely with the presidents America First foreign policy, but...

Australia Moves Toward Tougher Gun Laws After Bondi Shooting

Australias most populous state, New South Wales, is set to introduce significantly tougher gun laws alongside new measures targeting terrorism and public protests, following a deadly mass shooting in Sydneys Bondi area....

Trump Announces Ambitious Plan for New U.S. Navy Super Battleships

U.S. President Donald Trump announced on Monday an ambitious proposal for the United States Navy to begin building a new class of advanced battleships, a move that could significantly reshape the future of American naval...

China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

China is rapidly expanding and modernizing its nuclear weapons arsenal, with a draft Pentagon report warning that Beijing may have loaded more than 100 intercontinental ballistic missiles (ICBMs) across three newly...

Kremlin Downplays U.S.-Russia Talks on Ukraine as Ongoing Process

Russia has played down expectations surrounding recent discussions with the United States on the Ukraine conflict, emphasizing that the talks should not be interpreted as a major diplomatic breakthrough. Kremlin spokesman...

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

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...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...