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Wed, Mar 04, 2026 10:39 PM All times are UTC

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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

KOSPI Plunges Over 8% as U.S.-Iran War Sparks Global Risk Aversion and Profit-Taking

South Koreas KOSPI index tumbled sharply on Wednesday, falling more than 8% and triggering a temporary halt in stock trading as investors reacted to escalating geopolitical tensions and rising energy prices linked to the...

China Factory Activity Surges to Five-Year High as Demand Boosts Manufacturing PMI

Chinas manufacturing sector showed strong momentum in February, with factory activity expanding at the fastest pace since December 2020, supported by stronger domestic and overseas demand. A private-sector survey released...

Gold Prices Rebound in Asia as U.S.–Iran Tensions Support Safe-Haven Demand

Gold prices moved higher during Asian trading on Wednesday, recovering some of the sharp losses from the previous session as investors reassessed demand for safe-haven assets amid escalating geopolitical tensions between...

Asian Markets Slide as Middle East Conflict Sparks Oil Price Surge and Inflation Fears

Asian financial markets fell sharply on Wednesday as investors rushed to reduce exposure to previously crowded trades in gold and semiconductor stocks. The market downturn was driven by escalating concerns that a widening...

Dollar Hits Three-Month High as Middle East Conflict Drives Energy Prices and Market Volatility

The U.S. dollar surged to a three-month high during early Asian trading on Wednesday as escalating tensions in the Middle East pushed investors away from the euro and toward safe-haven assets. The growing conflict...

Politics

Michael Whatley Wins North Carolina GOP Senate Primary, Setting Up High-Stakes Battle With Roy Cooper

Michael Whatley, a close ally of former President Donald Trump, has won the Republican primary for North Carolinas open U.S. Senate seat, according to media projections. The victory positions Whatley for a closely watched...

U.S. Officials Review Tencent’s Stakes in Epic Games, Riot Games Over Security Concerns

The administration of U.S. President Donald Trump is reportedly evaluating whether Chinese technology giant Tencent Holdings Ltd (HK:0700) should be allowed to keep its ownership stakes in several major video game...

U.S. Begins Charter Evacuations as Iran Conflict Disrupts Middle East Air Travel

The United States has begun facilitating charter evacuation flights for American citizens stranded across the Middle East after the escalating U.S.-Israel military strikes on Iran severely disrupted global aviation and...

U.S. Preparing Possible Corruption Charges Against Venezuelan President Delcy Rodriguez

The Trump administration is reportedly preparing a potential criminal case against Venezuelan interim president Delcy Rodriguez as part of broader efforts to increase U.S. leverage over Venezuelas government, according to...

Trump Defends Extended U.S.-Israel Military Campaign Against Iran

U.S. President Donald Trump has defended the ongoing U.S. and Israeli military campaign against Iran, signaling that the conflict could last longer than initially expected. The operation, which began with coordinated...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Defense Contractors Move to Drop Anthropic AI After Trump Administration Ban

Major U.S. defense contractors are expected to remove Anthropics AI tools from their supply chains following a directive from the Trump administration, even though legal experts say the ban could face serious challenges in...

OpenAI Explores New Code-Hosting Platform to Reduce Dependence on GitHub

OpenAI is reportedly developing a new code-hosting platform that could eventually compete with Microsofts GitHub, according to a recent report citing sources familiar with the initiative. The project is still in its early...

Facebook Outage Disrupts Thousands of Users Across the United States

Meta Platforms Facebook experienced a widespread outage on Tuesday that affected thousands of users across the United States, according to data from Downdetector.com, a website that tracks service disruptions for major...

Lockheed Martin Secures $1.9B U.S. Air Force Contract for C-130J Training and Maintenance Systems

Lockheed Martin (NYSE: LMT) has secured a $1.9 billion indefinite-delivery/indefinite-quantity (IDIQ) contract from the U.S. Department of Defense to support the C-130J Maintenance and Training System IV (JMATS IV)...

OpenAI and U.S. Defense Department Update Agreement to Clarify AI Usage Terms

OpenAI CEO Sam Altman announced that the company is working with the U.S. Department of Defense (DoD) to update their existing agreement, reinforcing clear boundaries around how OpenAIs technology, including ChatGPT, can...