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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

Japan Trade Deficit Narrows as Exports Surge in May

Japans trade deficit narrowed more than expected in May as strong export growth continued to support the countrys economy, driven by steady demand from key markets including the United States and China. According to...

Dollar Slips as U.S.-Iran Peace Deal Optimism Boosts Risk Appetite Ahead of Fed Decision

The U.S. dollar edged lower on Tuesday, extending its losing streak to a fourth consecutive session as investor sentiment improved on growing expectations of a peace agreement between the United States and Iran. Market...

Gold Holds Gains as Oil Prices Retreat and Fed Decision Looms

Gold prices edged higher on Tuesday as declining oil prices and growing optimism over a potential U.S.-Iran peace agreement supported investor sentiment. However, gains remained limited as markets awaited the Federal...

Oil Prices Recover Slightly as U.S. Crude Inventories Fall, But Iran Deal Caps Gains

Oil prices moved modestly higher during Asian trading on Wednesday, recovering slightly from sharp losses in the previous session. However, crude prices remained near three-month lows as investors continued to assess the...

US Stock Futures Edge Higher Ahead of Key Federal Reserve Decision

U.S. stock index futures traded slightly higher on Tuesday evening as investors turned their attention to the Federal Reserves highly anticipated interest rate decision and developments surrounding a potential U.S.-Iran...

Politics

Trump Urges Russia-Ukraine Peace Deal as G7 Leaders See New Hope for Ending War

U.S. President Donald Trump called on Russia to reach a peace agreement with Ukraine following what he described as a very good meeting with Ukrainian President Volodymyr Zelenskiy during the G7 summit in Evian-les-Bains,...

Trump Administration Delays DeepSeek and CXMT Trade Blacklist Designations Amid U.S.-China Tensions

The Trump administration has postponed plans to add Chinese artificial intelligence company DeepSeek and memory chip manufacturer ChangXin Memory Technologies (CXMT) to the U.S. Commerce Departments Entity List, according...

Mike Collins Wins Georgia GOP Senate Runoff, Sets Up High-Stakes Battle Against Jon Ossoff

Georgia Republicans have officially selected U.S. Representative Mike Collins as their nominee for the 2026 U.S. Senate election, giving former President Donald Trump a significant political victory after he endorsed...

Global Motor Oil and Auto Paint Shortages Persist Despite Potential U.S.-Iran Peace Deal

Auto repair shops and car dealerships in Japan and the United States continue to face shortages of motor oil, automotive paint, and other petroleum-based products as supply chain disruptions caused by the Middle East...

UN Secretary-General Candidate Maria Fernanda Espinosa Calls for Responsible UN Reform

Maria Fernanda Espinosa, an Ecuadorian diplomat and former foreign affairs minister, has pledged to reform the United Nations while preserving its vital global role if elected as the next UN secretary-general. Speaking...

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

SpaceX Surpasses Amazon in Market Value as Post-IPO Rally Accelerates

SpaceX (NASDAQ: SPCX) continued its remarkable post-IPO surge on Tuesday, climbing 4.83% to close at $201.80 per share and pushing its market capitalization to approximately $2.65 trillion. The milestone allowed SpaceX to...

Microsoft Taps AWS to Support GitHub Amid AI Coding Boom

Microsoft (NASDAQ: MSFT) is reportedly turning to Amazon Web Services (AWS), the cloud computing arm of Amazon (NASDAQ: AMZN), to help address growing infrastructure demands at GitHub as AI-powered software development...

SoftBank Vision Fund CFO Navneet Govil to Exit After Decade-Long Tenure

SoftBank Groups Vision Fund investment division is set to undergo a key leadership change as Navneet Govil, Chief Financial Officer of SoftBank Investment Advisors, prepares to leave the company after nearly a decade,...

OpenAI's $34B Spending Pushes AI Market Leadership Ahead of IPO

OpenAI invested approximately $34 billion in 2025 as it intensified efforts to strengthen its position in the rapidly expanding artificial intelligence market ahead of a potential initial public offering (IPO), according...

SpaceX Stock Soars After Historic IPO, Reaches $2.5 Trillion Market Value

SpaceX (NASDAQ: SPCX) continued its strong post-IPO rally on Monday, extending gains after a record-breaking Nasdaq debut that marked the largest initial public offering in history. The aerospace and satellite technology...
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