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Global Geopolitical Series: Defiant Trump pushes ahead with metal tariffs; may exempt military allies in future

Mar 09, 2018 08:30 am UTC| Commentary

Despite warnings from opponents and allies, a defiant President Trump chose to move ahead with his metal tariff plan. Trump signed an order to impose 25 percent tariffs on Steel imports and 10 percent tariffs on Aluminum...

New Zealand Q4 GDP likely to rise 0.6 pct, current account deficit to widen slightly: Westpac Research

Mar 09, 2018 07:59 am UTC| Commentary Economy

New Zealands gross domestic product (GDP) for the fourth quarter of 2017 is expected to rise 0.6 percent, compared to an average growth rate of 0.8 percent over the previous three quarters of 2017. For the year as a whole,...

Global Geopolitical Series: U.S. Commerce Department announces preliminary CVD on imports of forged steel fittings from China

Mar 09, 2018 06:51 am UTC| Commentary

Last week, the U.S. Commerce Department announced preliminary results of the Anti-dumping Duty (AD) and Countervailing Duty (CVD) investigations on imports of forged steel fittings from China. The investigations were...

New Zealand bonds surge at close in silent trading week end as investors cover previous short positions

Mar 09, 2018 06:29 am UTC| Commentary Economy

New Zealand government bonds surged at the time of closing on the last trading day of the week Friday as investors covered previous short positions, following global uncertainties and fears of a trade war, sparked by steps...

New Zealand bonds surge at close in silent trading week end as investors cover previous short positions

Mar 09, 2018 06:29 am UTC| Commentary Economy

New Zealand government bonds surged at the time of closing on the last trading day of the week Friday as investors covered previous short positions, following global uncertainties and fears of a trade war, sparked by steps...

Global Geopolitical Series: Trump to meet Kim Jong-un by May

Mar 09, 2018 06:27 am UTC| Commentary

After a special delegation of South Korean President Moon Jae-In met with North Koreas Supreme leader Kim Jong-un on Monday, they traveled to the United States to brief President Trump of the reportedly successful...

Global Geopolitical Series: Trump to meet Kim Jong-un by May

Mar 09, 2018 06:27 am UTC| Commentary

After a special delegation of South Korean President Moon Jae-In met with North Koreas Supreme leader Kim Jong-un on Monday, they traveled to the United States to brief President Trump of the reportedly successful...

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Economy

Gold Rebounds as Oil Falls and Treasury Rout Eases

Gold prices rebounded Tuesday as falling oil prices and easing pressure in the U.S. Treasury market helped the precious metal overcome a stronger dollar. Spot gold climbed 1.6% to settle at $4,182.45 an ounce, while U.S....

RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise

The Reserve Bank of Australia raised interest rates by 25 basis points on Tuesday, taking borrowing costs to their highest level in nearly 15 years as policymakers respond to persistent inflation and rising energy prices....

Asian Stocks Fall as Bond Yields and Oil Prices Surge

Asian stock markets fell broadly on Tuesday as surging U.S. Treasury yields, elevated oil prices and renewed pressure on technology shares dampened investor sentiment. Markets also awaited the Reserve Bank of Australias...

Asian Currencies Mixed as Yen Weakens, RBA Hike Looms

Asian currencies traded mixed on Tuesday, with the Japanese yen weakening toward recent lows as investors weighed intervention risks and the Bank of Japans policy outlook. The U.S. dollar remained near a two-month high,...

Gold Holds Near Seven-Week Low as Fed Rate Hike Bets Rise

Gold prices stabilized near a seven-week low on Tuesday after plunging 4% in the previous session, as elevated oil prices, rising U.S. Treasury yields and expectations for further Federal Reserve rate hikes continued to...

Politics

Polymarket Traders Bet on Trump AI Rename to ‘Super Intelligence’

Polymarket traders are betting on whether President Donald Trump will formally rename artificial intelligence as super intelligence, after he publicly called for the terminology change and federal officials began adopting...

Tim Scott Blames Democrats as CLARITY Act Stalls in Senate

Senate Banking Committee Chairman Tim Scott criticized Democrats after the U.S. Senate failed to advance the CLARITY Act, arguing the stalled crypto legislation represented a missed opportunity to establish clearer rules...

White House Blames Democrats as CLARITY Act Stalls

The White House and Republican Senator Cynthia Lummis have blamed Senate Democrats for the CLARITY Acts failure to advance, escalating partisan tensions over landmark U.S. cryptocurrency legislation. The Senate voted 49-50...

US Troops Set to Complete Iraq Withdrawal as Iran Influence Grows

US forces are expected to withdraw from their remaining bases in Iraq by Wednesday, completing a departure agreed in 2024 and raising concerns over Irans expanding influence and the potential resurgence of Islamic State....

Malaysia Begins Deportation of 1,500 Myanmar Nationals

Malaysia began deporting about 1,500 Myanmar nationals on Tuesday under a repatriation programme that has drawn objections from the United Nations and human rights organisations over safety concerns in conflict-hit...

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

BlackRock Sees AI Agents Fueling New Crypto Demand

BlackRock says the rapid growth of artificial intelligence could create a new source of demand for cryptocurrencies as autonomous AI agents increasingly need payment systems designed for machines. In its research paper,...

Anthropic Targets $2 Trillion Valuation in Planned IPO

Anthropic is preparing for a highly anticipated initial public offering that could value the artificial intelligence company at more than $2 trillion, putting investor enthusiasm for the booming AI sector and its massive...

Samsung Invests $1 Billion in KKR’s Helix AI Infrastructure

Samsung Electronics and five affiliates are investing a combined $1 billion in Helix Digital Infrastructure, a new artificial intelligence infrastructure company backed by investment firm KKR, as Samsung expands deeper...

CSL Partners With AWS to Bring AI Into Drug Research

CSL has entered into a partnership with Amazon Web Services (AWS) to integrate artificial intelligence and cloud computing across its research and clinical development operations, aiming to accelerate drug discovery and...

OpenAI Scraps GPT-6.1 Astra Launch Over Safety Concerns

OpenAI has canceled the planned release of GPT-6.1 Astra after internal testing raised concerns about the artificial intelligence models safety, alignment and ability to stay within authorized boundaries. The...
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