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Fri, Aug 21, 2026 01:07 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

US Debt Tops $40 Trillion as Global Borrowing Costs Surge

U.S. government debt has surpassed $40 trillion for the first time, highlighting growing fiscal pressures as major economies face rising spending demands from ageing populations, defence, climate change and higher interest...

UK Budget Swings to Surprise £1.8 Billion Deficit in July

Britain recorded an unexpected 1.8 billion ($2.5 billion) budget deficit in July, as inflation-driven government spending outweighed record self-assessed income tax receipts, highlighting continued pressure on the UKs...

US Plans ‘Toughest Sanctions in History’ on Iran, Bessent Says

U.S. Treasury Secretary Scott Bessent said Washington is preparing to impose sweeping new sanctions on Iran, reinforcing President Donald Trumps push to intensify economic pressure on Tehran amid ongoing tensions and...

South Korea Producer Prices Fall 0.4% in July

South Koreas producer prices fell in July for the first time in nearly a year, as lower global crude oil prices helped offset rising agricultural costs caused by extreme summer heat. The producer price index (PPI) declined...

Japan Inflation Rises, Boosting BOJ Rate Hike Bets

Japans inflation accelerated for a third consecutive month in July, strengthening expectations that the Bank of Japan could raise interest rates again in the coming months as underlying price pressures intensify. Japans...

Politics

Prince Harry Faces Potential Multi-Million-Pound Legal Bill in Daily Mail Case

Prince Harry could soon learn how many millions of pounds he and other claimants must pay toward the legal costs of the publisher of the Daily Mail after losing a high-profile privacy lawsuit. On Friday, London High Court...

Russia Arrests Nine Over Alleged Ukraine-Linked Attack Plans

Russian authorities have arrested nine people in separate cases involving alleged plans to target strategic infrastructure and government sites, according to state news agencies citing the Federal Security Service (FSB)....

Trump Eyes Kim Jong Un Summit as North Korea Sets Tough Terms

U.S. President Donald Trump is seeking another meeting with North Korean leader Kim Jong Un later this year, but Pyongyangs guarded response suggests renewed diplomacy could depend on major changes in U.S. policy toward...

Myanmar Military Pushes to Clear Land for Russia-Backed Dawei SEZ

Myanmars military has deployed hundreds of troops around the Russia-backed Dawei Special Economic Zone (SEZ), as authorities seek to revive the strategically important project in the countrys southern Tanintharyi Region....

Imran Khan Returns to Prison After Islamabad Hospital Visit

Pakistans former Prime Minister Imran Khan returned to prison on Friday after spending several hours overnight at an Islamabad hospital for a medical examination ordered by the countrys Supreme Court. Khan, 73, was...

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

Samsung Shares Rise on $72 Billion Shareholder Return Plan

Samsung Electronics shares climbed on Friday following reports that the South Korean technology giant is preparing a shareholder return package potentially exceeding 100 trillion won ($72 billion). Samsungs board is...

Alibaba Shares Fall as AI Spending Hits Profit

Alibaba shares dropped nearly 3% in Hong Kong trading on Friday after the Chinese technology giant reported a steep decline in quarterly profit, as aggressive artificial intelligence investment weighed on earnings and cash...

Samsung Eyes $72 Billion Shareholder Return Plan as AI Chip Boom Fuels Profits

Samsung Electronics is reportedly preparing a new shareholder return policy worth more than 100 trillion won ($71.75 billion), as booming demand for artificial intelligence chips drives expectations of record profits at...

SK Hynix Shares Surge on Record $28.6 Billion Buyback

SK Hynix shares staged a strong rebound on Thursday after the South Korean memory-chip giant announced a record 40 trillion won ($28.6 billion) share buyback and cancellation plan, providing fresh confidence to investors...

OpenAI Revenue Rises 18% in Q2 as Losses Widen and Anthropic Surges Ahead

OpenAI reported an 18% increase in second-quarter revenue, but widening losses and rapid growth at rival Anthropic are adding pressure on the ChatGPT maker, according to The Wall Street Journal. OpenAI told investors that...