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U.S. sector PMI data hints at growth in several sectors in September

Oct 05, 2020 17:43 pm UTC| Commentary

U.S. sector PMI data for the month of September hinted at a growth in several sectors indicating contraction to two, as basic materials saw a renewed fall in output. However, the rate of contraction was just marginal....

National Bank of Poland likely to stand pat in October, inflation to remain above 2.5 pct target until end-2020

Oct 05, 2020 16:55 pm UTC| Commentary

The National Bank of Poland is set to meet this week for interest rate decision. According to an Erste Group Research report, the central bank is expected to keep the target rate on hold at 0.1 percent and maintain its...

U.S. service sector’s business activity continues to rise in September, PMI index at 54.6

Oct 05, 2020 14:11 pm UTC| Commentary

The U.S. service sectors business activity has seen a strong upturn, according to the September PMI data. The seasonally adjusted final Services PMI index came in at 54.6 in September, slightly down from Augusts 55. The...

Thai consumer price inflation falls in September, likely to rise modestly in coming months

Oct 05, 2020 13:04 pm UTC| Commentary

Thai headline inflation softened in the month of September after recording improvement for three consecutive months. Raw food and energy inflation mainly drove the weakness, although core inflation eased as well. On a...

Gold consolidates as investors await news on Trump's health

Oct 05, 2020 09:48 am UTC| Commentary

Gold prices consolidated within narrow ranges, as investors sought more clarity on developments in U.S. President Donald Trumps health after he was tested positive for COVID-19 last week. Spot gold was trading flat at...

Canadian economic growth accelerates sequentially in July

Sep 30, 2020 15:19 pm UTC| Commentary

The Canadian economic growth continued to accelerate. On a month-on-month basis, the GDP grew 3 percent in July. The rise was historically elevated, but the rebound phase seems to be coming to an end, noted TD Economics in...

Australian building approvals fall in August on softness in unit approvals

Sep 30, 2020 14:26 pm UTC| Commentary

Australian building approvals fell 1.6 percent sequentially in August after rising 12.2 percent in the prior month. Unit approvals mainly drove the weakness, falling 12.9 percent, but house approvals continued to go up,...

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Economy

US Dollar Dips as Middle East Tensions Ease; Markets Await Key US Inflation Data

The U.S. dollar edged lower on Monday as improving risk sentiment reduced demand for traditional safe-haven assets. Investors reacted positively after Iran and Israel halted military strikes following a call for restraint...

Gold Prices Ease as Markets Await Key U.S. Inflation Data and Fed Rate Outlook

Gold prices remained under pressure on Monday despite a slightly weaker U.S. dollar, as investors stayed cautious ahead of critical U.S. inflation reports that could influence the Federal Reserves next interest rate...

Oil Prices Rise as Iran-Israel Tensions Ease Following Trump-Led Ceasefire Push

Global oil prices remained higher on Monday, although they gave back part of their earlier gains after Iran and Israel announced a halt to military operations following diplomatic efforts led by U.S. President Donald...

Wall Street Rebounds as Chip Stocks Rally and Iran-Israel Tensions Ease

U.S. stock markets closed mostly higher on Monday, recovering from a sharp sell-off in the previous session as investors welcomed a rebound in semiconductor stocks and signs of easing tensions between Iran and Israel. The...

US Stocks Rebound as Iran Eases Military Operations; Tech Shares Lead Wall Street Recovery

U.S. stocks opened sharply higher on Monday, recovering from last weeks steep market decline as investors reacted positively to reports that Iran had ended its military operations against Israel. The development helped...

Politics

Trump Nominates Todd Blanche for Attorney General, Setting Up Key Senate Confirmation Battle

U.S. President Donald Trump has officially nominated Todd Blanche to serve as the next U.S. attorney general, elevating his former personal lawyer to lead the Department of Justice. The nomination, submitted to the U.S....

Peru Election 2026: Sanchez Takes Narrow Lead Over Fujimori

Leftist candidate Roberto Sanchez moved ahead in Perus closely contested presidential election, securing 50.01% of the vote compared to Keiko Fujimoris 49.9%, according to the latest official count released after 93.92% of...

Trump Lawyers Face Scrutiny After Missing Deadline in $10 Billion BBC Defamation Lawsuit

A federal judge in Miami has ordered President Donald Trumps legal team to explain why they should not face sanctions after missing a court deadline in Trumps $10 billion defamation lawsuit against the BBC. The case...

Italian Investigation Targets Israel’s Itamar Ben-Gvir Over Gaza Flotilla Activists

Italian prosecutors have opened an investigation into Israels far-right National Security Minister Itamar Ben-Gvir over the treatment of activists detained during a Gaza aid flotilla operation last month. According to a...

Lebanese President Urges Israel to Negotiate End to Conflict, Calls Military Approach Ineffective

Lebanese President Joseph Aoun has issued a rare direct appeal to Israel, urging its government and citizens to engage in negotiations to bring an end to the ongoing conflict between the two countries. In an interview with...

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 Files Confidential IPO Draft as AI Giants Race Toward Public Markets

OpenAI has confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), taking a major step toward a potential initial public offering (IPO). The move positions the...

Apple Unveils Enhanced Apple Intelligence and Next-Generation Siri at WWDC 2026

Apple has introduced the latest version of its Apple Intelligence platform at the Worldwide Developers Conference (WWDC) 2026, signaling a stronger push into the rapidly evolving artificial intelligence market. The...

Qualcomm Stock Gains After Jensen Huang Endorsement

Qualcomm (NASDAQ: QCOM) shares moved higher in after-hours trading on Monday, rising approximately 2% after NVIDIA (NASDAQ: NVDA) CEO Jensen Huang publicly praised the semiconductor company and encouraged investors to...

Naver Stock Jumps on NVIDIA Partnership to Build South Korea’s AI Infrastructure

Naver Corp. (KS:035420) shares surged on Monday after the South Korean technology giant announced a major artificial intelligence partnership with NVIDIA Corporation (NASDAQ: NVDA). The news fueled strong investor...

Nvidia Expands South Korea AI Partnerships to Strengthen Data Center and Memory Chip Supply

Nvidia has announced a series of strategic partnerships with leading South Korean technology companies as the AI chip giant seeks to strengthen its supply chain and accelerate the growth of its artificial intelligence...
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