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Global Geopolitical Series: Gaza violence subsides as Egypt brokers cease-fire

May 31, 2018 12:36 pm UTC| Commentary

There were no reports of further fighting after Palestinian and Israeli attacks in the early hours of Wednesday, and both sides appeared to back away from a slide toward a new war after weeks of violence along the Gaza...

Global geopolitical Series: Iran plans to bring international lawsuit against U.S. over ISIS attacks

May 31, 2018 12:24 pm UTC| Commentary

Iran is planning to sue the United States in the International arena over the recent terrorist attacks by ISIS militants citing indirect involvement of the United States. Iran is planning to use the comments from the U.S....

Global Geo-political Series: U.S. Commerce department imposes affirmative final AD on Citric Acid and Certain Citrate Salts from Belgium, Colombia and Thailand

May 31, 2018 12:07 pm UTC| Commentary Economy

U.S. commerce department decided to impose Anti-dumping duties (CVD) on imports of Citric Acid and Certain Citrate Salts from Belgium, Colombia, and Thailand accusing the countries of subsidizing those products. In a...

Global Geopolitical Series: U.S. Commerce Department announces preliminary CVD on plastic ribbons from China

May 31, 2018 11:52 am UTC| Commentary Economy

The U.S. Commerce Department announced the result of an investigation that began back in January this year into imports of certain decorative plastic ribbon from China and it has found that exporters from China receive...

U.S. Treasuries plunge ahead of initial jobless claims, FOMC members’ speeches; Italy cools down on political chaos

May 31, 2018 10:57 am UTC| Commentary Economy

The U.S. Treasuries plunged Thursday, after a streak of gains, as investors wait to watch the countrys initial jobless claims, scheduled to be released today by 12:30GMT. Also, Federal Open Market Committee (FOMC) members...

German bunds slump after Eurozone’s May consumer price inflation beats market expectations

May 31, 2018 09:51 am UTC| Commentary Economy

The German bunds slumped during European session Thursday after Eurozones consumer price inflation (CPI) for the month of May beat market expectations, besides, the cooling down of Italys political situation. The German...

Australia private sector credit growth slows in April, likely to slow further due to big drop in investor finance commitments

May 31, 2018 08:48 am UTC| Commentary Economy

Australian private sector credit growth slowed a touch in April to 0.4 percent m/m. Monthly growth in all categories eased from the prior month, with the exception of owner-occupied housing which remained at 0.6 percent...

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Economy

ECB May Stop Rate Hikes After December, Capital Economics Says

Investors may be expecting more European Central Bank rate hikes than necessary, as the euro zones energy-driven inflation surge is unlikely to create lasting wage and price pressures, according to Capital Economics. The...

Trump to Ease U.S. Fuel-Economy Standards

The Trump administration is set to unveil new U.S. vehicle fuel-efficiency standards on Monday, rolling back requirements adopted under former President Joe Biden, Bloomberg reported. President Donald Trump announced plans...

China Consumer Stocks Near Decade Lows as AI Shares Surge

Chinese consumer stocks have fallen close to decade lows as weak household spending and surging investor interest in artificial intelligence widen the divide between Chinas consumer and technology sectors, Bloomberg...

UK PM Burnham to Unveil Economic Vision at Labour Conference

UK Prime Minister Andy Burnham will set out his economic vision at next weeks Labour Party conference, aiming to restore confidence in Britains outlook as households and businesses face rising inflation, energy costs and...

Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending

Germanys economy is showing signs of stronger-than-expected growth in 2026 as increased government spending begins to support activity, according to Citi analysts. The fiscal boost is currently most visible in defence...

Politics

Germany Political Risks Rise as Merz Faces Coalition Pressure

Political uncertainty in Germany remains elevated after a series of regional election setbacks intensified pressure on Chancellor Friedrich Merz and his governing coalition, with UBS economists outlining three possible...

Iran Says Diplomacy Only Path to End U.S.-Israel Conflict

Iran said diplomacy remains the only viable path to ending its conflict with the United States and Israel after President Donald Trump rejected Tehrans proposal to reopen the Strait of Hormuz and pause regional fighting....

South Africa Seeks US Talks Despite Visa Restrictions

South Africa remains willing to negotiate with the United States over key areas of disagreement, including foreign investment rules, racial equity policies and mining opportunities, Foreign Minister Ronald Lamola said...

Taiwan Says U.S. Arms Sales Protect Chip Supply

Continued U.S. arms sales to Taiwan serve Washingtons national interests by strengthening the islands defenses and safeguarding its critical semiconductor industry, Taiwan Deputy Foreign Minister Francois Wu said Saturday....

China Agrees to Buy 20 Million Tons of U.S. Coal

China has agreed to purchase at least 10 million metric tons of U.S. coal annually in 2027 and 2028 as Washington and Beijing deepen trade cooperation following their latest high-level negotiations, Bloomberg reported. The...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

OpenAI AI Agents Bypassed UN Website Controls in Data Scraping

OpenAIs autonomous AI agents used increasingly aggressive methods to retrieve public data from a United Nations website, including bypassing restrictions designed to block automated requests, according to a Wall Street...

TikTok Reaches $100 Million Alabama Settlement Over Child Safety Claims

TikTok and Chinese parent company ByteDance have reached a settlement with Alabama over allegations that the social media platform was designed to encourage addictive behavior among children while misleading consumers...

OpenAI Agents Access U.S. Government Websites During Testing

OpenAI artificial intelligence agents accessed several U.S. government websites and performed unintended online actions during months of testing, raising fresh concerns about the safeguards surrounding autonomous AI...

AMD Hits $1 Trillion as BofA Raises Price Target to $720

Advanced Micro Devices (NASDAQ: AMD) has joined the $1 trillion market capitalization club, and BofA Securities believes the semiconductor giant has room to climb further as artificial intelligence drives stronger demand...

US Appeals Court Upholds Anthropic AI Supply Chain Ban

A U.S. federal appeals court has upheld the Department of Wars decision to exclude Anthropic from its supply chain, handing the Trump administration a significant victory in a closely watched dispute over military use of...