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Tue, Sep 29, 2026 01:41 AM All times are UTC

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FxWirePro: PNB/Modi scandal unravels in India; PMO failed to take action despite warning

Feb 16, 2018 05:05 am UTC| Commentary

A major financial scandal is unraveling in India involving the countrys second biggest state-owned lender Punjab National Bank and businessman Nirav Modi, as well as Gitanjali Gems. The scandal came to highlight earlier...

JGBs rise in muted trading as Asian markets remain shut on eve of Chinese Lunar New Year holidays

Feb 16, 2018 04:58 am UTC| Commentary Economy

Japanese government bonds rose during early Asian session Friday amid a silent trading day that witnessed no data of any primary economic significance, following a shutdown in major Asian markets on the occasion of Chinese...

FxWirePro: The Day Ahead- 16th February 2018

Feb 16, 2018 04:02 am UTC| Commentary

Not many economic data and events scheduled for today, and all with low to medium volatility risks associated. Upcoming: Germany: Wholesale price inflation report will be released at 7:00 GMT. United Kingdom:...

Australian bond yields surge following weakness in U.S. Treasuries; RBA February meeting minutes in focus

Feb 16, 2018 03:31 am UTC| Commentary Economy

Australian bonds slumped on the last trading day of the weekFridayfollowing weakness in the U.S. Treasuries, which hovers around 4-year high. Also, investors remain optimistic ahead of the Reserve Bank of Australia (RBA)...

U.S. homebuilder confidence remains stable at 70 in January, housing activity to trend upwards

Feb 15, 2018 21:35 pm UTC| Commentary

The U.S. homebuilder confidence remains stable in February. The NAHB housing market index remained stable at 72 in February, coming in above the expected 70. The present expectation of single-family home sales dropped...

U.S. Philadelphia Fed Manufacturing index rises in February, sentiment remains strong in region

Feb 15, 2018 21:34 pm UTC| Commentary

The Philadelphia Feds Manufacturing Index rose in the month of February. The index rose from 22.2 to 25.8, coming in above the consensus expectations of 20. The rebound was mainly driven by an increase in new orders,...

U.S. jobless claims rise slightly, but labor market conditions remain strong

Feb 15, 2018 21:33 pm UTC| Commentary

U.S. weekly jobless claims rose slightly. In the week ended 10 February, jobless claims rose to 230k from 223k, as compared with consensus expectations of 228k. In spite of the rise, the four-week moving average came in at...

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Economy

U.S. Stock Futures Steady as AI, Rate Concerns Weigh

U.S. stock futures were little changed Monday evening after Wall Street fell under pressure from elevated Treasury yields, concerns about slowing artificial intelligence development and persistent geopolitical tensions...

Gold Plunges 4% as Treasury Yields Surge and Fed Rate Hike Bets Rise

Gold prices tumbled nearly 4% on Monday as surging U.S. Treasury yields, a stronger dollar, rising oil prices and growing expectations for additional Federal Reserve interest rate hikes pressured precious metals. Spot gold...

South Korea Exports Set for 16th Monthly Gain on AI Chip Demand

South Korean exports are expected to increase for a 16th consecutive month in September, supported by strong semiconductor demand fueled by global artificial intelligence investment, according to a Reuters poll released...

Oil Prices Jump Nearly 3% as Iran Holds Firm on Hormuz Conditions

Oil prices surged on Monday as tensions between the United States and Iran fueled concerns over prolonged disruption to the Strait of Hormuz, a critical route for global energy supplies. Brent crude futures for November...

Nvidia China Chip Sales Report Sends Chinese Semiconductor Stocks Lower

Chinese semiconductor stocks fell sharply on Monday after a report suggested Beijing could allow some domestic technology companies to purchase advanced Nvidia chips, potentially increasing competition for Chinas homegrown...

Politics

UN Experts Urge US to Halt Third-Country Migrant Deportations

More than a dozen United Nations human rights experts have called on the U.S. government to halt its third-country migrant deportation policy, warning that the practice could expose vulnerable people to torture,...

Judge Blocks Trump Election Conditions on Counterterrorism Grants

A U.S. federal judge on Monday blocked the Trump administration from tying counterterrorism funding for state and local governments to changes in election administration, rejecting an effort to use federal security grants...

Denmark Expects Long-Term NATO Presence in Greenland, Arctic

Denmark expects NATO to maintain an expanded military presence in Greenland and across the Arctic for the long term following a new security agreement with the United States, Danish Defence Minister Jeppe Bruus said on...

Senate Democrats Say Tether USDT Helps Iran Evade Sanctions

Tethers USDT stablecoin has become an important tool in Irans alleged sanctions-evasion network, according to a new report from Democratic staff on the U.S. Senate Permanent Subcommittee on Investigations. The report...

California Bans Memecoins Issued by Public Officials Under New Law

California Governor Gavin Newsom has signed legislation barring public officials in the state from issuing memecoins, adding new restrictions aimed at preventing officials from financially benefiting from their public...

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

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...

Pi Network Price Holds $0.087 as Protocol 28 Mainnet Upgrade Nears

Pi Network price traded around $0.0886 on September 28 as investors looked ahead to the Protocol 28 Mainnet upgrade scheduled for October 16. PI remained below the key $0.10 level amid broader weakness across the...