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Tue, Apr 28, 2026 01:31 PM All times are UTC

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U.S. auto sales below expectations in August, likely to rebound in Q4

Sep 01, 2017 20:19 pm UTC| Commentary

U.S. auto sales dropped in August, coming in at 16 million units. This marks the weakest pace of sales since early-2014. Consensus expectations were for 16.6 million units. Only Toyota and GM recorded gains amongst the top...

Brazil records first positive year-on-year GDP growth in Q2 since Q1 2014

Sep 01, 2017 19:43 pm UTC| Commentary

The Brazilian economic growth expanded more than expected in the second quarter. The GDP grew 0.3 percent year-on-year in the June quarter, the first positive year-on-year print since the first quarter of 2014. Most of the...

University of Michigan’s consumer sentiment index drops in late August

Sep 01, 2017 18:39 pm UTC| Commentary

The University of Michigans consumer confidence index dropped in late August from its mid-month level. The consumer sentiment index for the U.S. fell 0.8 points to 96.8 from 97.6. This is below the consensus expectations...

Swedish manufacturing PMI drops more than expected in August, recovery in manufacturing to continue

Sep 01, 2017 18:19 pm UTC| Commentary

The optimism amongst Swedish manufacturers eased considerably in August. The purchasing managers index dropped more than expected in August. The PMI came in at 54.7, falling from Julys print of 60.3. All sub-indices added...

Mexican manufacturing sector regains momentum in August, manufacturing PMI rises to 52.2

Sep 01, 2017 17:50 pm UTC| Commentary

Mexicos manufacturing sector regained some momentum in August after a slight deceleration of growth in July. The headline seasonally adjusted IHS Markit Mexico Manufacturing PMI rose to 52.2 in August from Julys 51.9,...

U.S. ISM manufacturing index rises above expectations in August, outlook remains optimistic in medium-term

Sep 01, 2017 17:17 pm UTC| Commentary

The U.S. ISM manufacturing index rose above consensus market expectations in August. The index was up by 2.5 points to 58.8 in August, as compared with the consensus expectations of 56.5, and Julys reading of 56.3. Most of...

U.S. construction spending falls again in July, lower residential investment expected in Q3

Sep 01, 2017 16:04 pm UTC| Commentary

U.S. construction spending dropped again in July, falling for the second straight month. Total construction spending in the nation dropped 0.6 percent sequentially, as compared with the consensus expectations of a modest...

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Economy

Yen Strengthens as BOJ Signals Rate Hikes; Asian Currencies Slip Ahead of Fed Meeting

The Japanese yen strengthened on Tuesday after the Bank of Japan (BOJ) maintained its interest rates but hinted at potential rate hikes amid rising inflation risks. The USD/JPY pair declined by 0.2%, hovering near the 159...

Asian Stocks Mixed as BOJ Holds Rates, Oil Prices and Fed Outlook Weigh on Markets

Asian stock markets delivered a mixed performance on Tuesday as investors reacted to elevated oil prices, ongoing geopolitical tensions, and the Bank of Japans decision to keep interest rates unchanged. Market sentiment...

Oil Prices Rise Amid U.S.-Iran Tensions and Strait of Hormuz Deadlock

Oil prices moved higher during Asian trading on Tuesday as geopolitical tensions between the United States and Iran continued to weigh on global energy markets. The ongoing stalemate over the Strait of Hormuz, a critical...

Wall Street Futures Rise as Trump Discusses Iran’s Hormuz Strait Proposal and Tech Earnings Loom

Wall Street futures moved slightly higher on Monday evening after major U.S. stock indexes reached new record highs, reflecting cautious optimism among investors. SP 500 Futures climbed 0.2% to 7,217.0 points, while Nasdaq...

BOJ Holds Interest Rates at 0.75% as Policymakers Signal Growing Inflation Concerns

The Bank of Japan (BOJ) decided to keep its benchmark interest rate unchanged at 0.75% following its latest two-day monetary policy meeting, a move that aligned with market expectations. However, the decision revealed a...

Politics

King Charles Addresses U.S. Congress, Emphasizes UK-US Alliance Amid Political Tensions

Britains King Charles III is set to deliver a historic address to the U.S. Congress on Tuesday, reinforcing the long-standing special relationship between the United Kingdom and the United States. The speech comes at a...

Trump Skeptical of Iran Hormuz Proposal as Nuclear Talks Stall

U.S. President Donald Trump and his national security team remain doubtful about Irans recent proposal to reopen the Strait of Hormuz while delaying discussions on its nuclear program, according to a Wall Street Journal...

White House Withdraws Trump’s National Park Service Nominee Amid Criticism

The White House has officially withdrawn President Donald Trumps nomination of Scott Socha to lead the National Park Service (NPS), more than two months after it was submitted to the U.S. Senate. The administration did not...

Trump Administration Dismisses Entire National Science Board, Sparking Debate Over Scientific Independence

The Trump administration has removed all members of the National Science Board, a major advisory group that oversees the National Science Foundation (NSF), according to statements from two former board members. The...

Trump Rejects Iran Proposal as War Tensions Push Oil Prices Higher

U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal aimed at resolving the ongoing two-month conflict, according to a U.S. official. The development has reduced hopes for a near-term...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal

The Australian government has announced a new plan that could impose multimillion-dollar charges on major tech platforms like Meta, Google, and TikTok if they fail to compensate local media companies for news content...

Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand

Shares of Lightelligence, the Shanghai-based optical computing company formerly known as Shanghai Xizhi Technology, delivered an explosive performance during their Hong Kong stock market debut, underscoring strong investor...

OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO

OpenAI is reportedly facing mounting pressure after missing key internal targets for both user growth and revenue, raising concerns about its ability to sustain aggressive spending plans. According to a Wall Street Journal...

Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results

Shares of Advantest Corp (TYO:6857) declined on Tuesday after the semiconductor equipment maker issued an annual outlook that fell short of market expectations, overshadowing its strong financial performance driven by...

DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals

Chinese artificial intelligence startup DeepSeek has significantly reduced pricing for its latest AI models, signaling a more aggressive push in the rapidly evolving AI services market. The company announced that it has...