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Wed, Aug 26, 2026 01:01 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

Qatar LNG Exports Plunge 96% as U.S.-Iran War Disrupts Gulf Energy Trade

Qatar has emerged as one of the biggest economic casualties of the six-month U.S.-Iran war, with liquefied natural gas (LNG) exports plunging 96% as the conflict severely disrupts energy shipments through the Gulf. The...

Gold Prices Hover Near Three-Month High as Oil, Treasury Yields Fall

Gold prices slipped slightly on Wednesday but remained close to a three-month high as falling oil prices and lower U.S. Treasury yields eased inflation concerns ahead of key Federal Reserve signals. Spot gold, or XAU/USD,...

Japan Eyes Tax Changes to Curb Condo Speculation

Japans land ministry is preparing to seek tax reforms for fiscal 2027 aimed at curbing speculative condominium transactions that have contributed to rising home prices in major urban areas, according to a Nikkei report....

Australia Inflation Beats Forecasts, Raising RBA Rate Hike Risk

Australias inflation remained hotter than expected in July, increasing pressure on the Reserve Bank of Australia (RBA) to consider further interest rate hikes as underlying price growth stayed elevated. The consumer price...

Asian Currencies Mixed as Aussie Dollar Rises on Hot Inflation

Asian currencies traded in a mixed range on Wednesday, while the U.S. dollar remained relatively steady as investors awaited key U.S. inflation data for fresh signals on the Federal Reserves interest rate outlook. The...

Politics

Trump Floats ‘Lake America’ Rename as US-Canada Trade Tensions Deepen

U.S. President Donald Trump said Tuesday that his administration is considering renaming Lake Ontario as Lake America, as tensions between the United States and Canada escalate following the collapse of bilateral trade...

Trump Administration Pauses Visa Appointments Worldwide

President Donald Trumps administration has temporarily paused or rescheduled visa appointments at U.S. embassies and consulates worldwide as the State Department launches a global training program for consular officers. A...

U.S. Caribbean Vessel Strike Kills Four in Latest Anti-Drug Operation

The U.S. military said four people were killed in a strike on a vessel in the Caribbean on Tuesday, marking the latest attack in Washingtons campaign against suspected drug-trafficking operations at sea. U.S. Southern...

CIA Director John Ratcliffe Visits Moscow for Talks With Russian Officials

U.S. CIA Director John Ratcliffe traveled to Moscow on Tuesday for meetings with Russian officials, according to U.S. media reports, marking a rare high-level intelligence visit amid heightened tensions involving Russia,...

Taiwan Foreign Minister Heads to Palau for Pacific Islands Summit Events

Taiwan Foreign Minister Lin Chia-lung will travel to Palau this week to attend events linked to a major summit of Pacific island leaders, as geopolitical competition between Taiwan and China continues to intensify across...

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

SoftBank Eyes $20 Billion Bond Sale to Refinance OpenAI Loan

SoftBank Group is reportedly considering a bond offering worth between $10 billion and $20 billion as the Japanese technology conglomerate looks to refinance borrowing linked to its massive investment in OpenAI. The...

OpenAI Data Center Chief Chris Malone Exits Ahead of Planned 2027 Listing

Chris Malone, OpenAIs head of data centers, left the artificial intelligence company last week, marking another senior departure as the ChatGPT maker prepares for a planned 2027 listing, according to the Wall Street...

Meta, U.S. States Discuss Settlement in Teen Addiction Trial

Meta Platforms and attorneys general representing several U.S. states have held discussions over a potential settlement as the Facebook and Instagram parent faces a federal trial over allegations that its social media...

Google Expands Gemini Enterprise With AI Tools for Legal Sector

Google has expanded its Gemini Enterprise artificial intelligence platform with new tools designed for lawyers and law firms, intensifying competition among major technology companies seeking a larger share of the growing...

Luxshare Shares Rise as First-Half Profit Jumps 18%

Luxshare Precision Industry shares gained on Monday after the major Apple supplier reported strong first-half earnings and projected double-digit profit growth for the first nine months of the year, supported by expanding...