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Tue, Sep 29, 2026 03:50 AM All times are UTC

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Canadian employment likely to have dropped in January, jobless rate to have come in at 5.8 pct

Feb 08, 2018 19:53 pm UTC| Commentary

Canadian employment is expected to have dropped in the month of January. According to a TD Economics research report, employment is likely to have recorded a net loss of 12k. The pullback is coming off a string of more...

U.S. jobless claims fall at start of February, implies strong labor market

Feb 08, 2018 19:12 pm UTC| Commentary

U.S. jobless claims drop in the week ended 3 February, suggesting continuation of strong labor markets. In the week ended 5 February, the initial jobless claims dropped to 221k from 230k, as opposed to consensus...

Canadian housing starts rise strongly in January, pace of homebuilding likely to soften in 2018

Feb 08, 2018 18:20 pm UTC| Commentary

Canada recorded strong housing starts at the start of the year. Housing starts came in at a strong 216.2k in January, unchanged from the slightly downwardly revised December level. The underlying trend continued to be...

Chinese foreign exchange reserves likely to remain widely stable in 2018 – DBS Bank

Feb 08, 2018 17:21 pm UTC| Commentary Economy

Chinas foreign exchange reserves rose USD 21.6 billion to USD 3.16 trillion in the month of January. This is the 12th straight monthly rise, reflecting a combination of factors from unfavorable valuation to tight capital...

Bank of England keeps policy rate on hold at 0.50 pct, likely to stand pat throughout 2018

Feb 08, 2018 16:25 pm UTC| Commentary Central Banks

The Bank of England kept its bank rate on hold at 0.50 percent today, as was widely anticipated. The bond program was also kept unchanged, in line with expectations. The MPC was unanimous in its decision to keep the...

Bank of Mexico likely to hike key interest rate by 25 bps

Feb 08, 2018 14:24 pm UTC| Commentary

The Bank of Mexico is set to meet today for its monetary policy decision. According to a Commerzbank research report, the Mexican central bank is expected to hike its key interest rate by 25 basis points to 7.50 percent,...

Turkish industrial production rises year-on-year in December

Feb 08, 2018 13:47 pm UTC| Commentary

Turkish industrial production expanded year-on-year in December. According to the Turkish Statistical Institute, industrial production grew 8.7 percent in December, as compared with Novembers 7 percent year-on-year...

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Economy

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...

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...

Politics

Second DOJ Lawyer Exits Trump Probe

A second U.S. Justice Department lawyer has left a criminal investigation examining whether President Donald Trumps rights were violated during earlier federal investigations, according to two people familiar with the...

US Plans Iran Sanctions Waiver for Pilgrim Flights to Iraq

The Trump administration is preparing to grant a limited waiver from U.S. sanctions on Iran to permit flights carrying Shiite Muslim pilgrims between Iran and Iraq, according to a person directly familiar with the...

Russian Drone Strikes Kill Nine Across Ukraine, Hit Kyiv Science Academy

Russian drone attacks across Ukraine killed at least nine people and injured more than 80 on Monday, including two people at the National Academy of Sciences in central Kyiv, Ukrainian President Volodymyr Zelenskiy said....

UK Police Probe Foreign State Link in RAF Fairford Plot

British counter-terrorism police are investigating whether individuals acting on behalf of a foreign state were involved in an alleged plot targeting RAF Fairford, a UK airbase used by U.S. military bombers. Five British...

Pope Leo Urges Europe to Pursue Peace Through Compromise

Pope Leo called on European leaders and negotiators to embrace compromise in the pursuit of peace, warning that continued conflict and military buildup risk deepening instability across the continent. Speaking Monday in...

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...