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Tue, Apr 28, 2026 05:22 AM All times are UTC

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Finnish economic growth contracts sequentially in Q2

Aug 15, 2017 21:21 pm UTC| Commentary

The Finish economic growth contracted in the second quarter of this year, according to the flash estimate. Finlands GDP growth shrank 0.5 percent in the June quarter on a sequential basis, and grew 1.6 percent...

U.K. annual CPI remains unchanged in July, upward pressure on inflation likely to resume in months ahead

Aug 15, 2017 20:35 pm UTC| Commentary Economy

The U.K.s annual rate of consumer price inflation remained the same in July from Junes reading. The CPI inflation came in at 2.6 percent year-on-year, coming in below the consensus expectations of 2.7 percent. The core...

Canada’s existing home sales fall again in July, housing affordability likely to deteriorate

Aug 15, 2017 18:18 pm UTC| Commentary

Canadas existing home sales dropped on sequential basis in July. The sales fell 2.1 percent on the month, a fourth straight monthly decline. Existing home sales are now 15.3 percent below the peak reached in March of this...

U.S. business inventories rise above expectations in June

Aug 15, 2017 18:08 pm UTC| Commentary

U.S. business inventories in June rose above expectations. This signifies a slight upward revision to already-released GDP estimates for the second quarter, noted Wells Fargo in a research report. A brisk rate of sales...

U.S. NAHB housing market index rebounds in July, housing sector likely to recover steadily in 2017

Aug 15, 2017 16:54 pm UTC| Commentary

The U.S. NAHB housing market index of homebuilder confidence improved in July. The index rose four points to 68 in the month, as compared with consensus expectations of 66. The rebound was mainly due to a rise in...

U.S. import prices rise in July, upside risks to imported inflation lull likely - Barclays

Aug 15, 2017 15:54 pm UTC| Commentary

U.S. import prices rose in line with consensus expectations in July. The prices grew 0.1 percent sequentially. While core import prices stayed flat on the month, slightly weaker than consensus projection of a 0.1 percent...

U.S. retail sales grows strongly in July, economy likely to grow 3 pct in Q3

Aug 15, 2017 15:06 pm UTC| Commentary

The U.S retail sales grew strongly in July, coming above consensus expectations. The retail sales were up 0.6 percent sequentially, as compared with consensus forecast of a 0.3 percent rise. The Junes print was also...

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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

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...

Republican Lawmakers Urge National Guard Role for World Cup Drone Security

Two Republican members of Congress are urging the Trump administration to strengthen security measures for the upcoming FIFA World Cup by deploying the National Guard to address potential drone threats. Representatives...

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

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...

Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case

A Taiwan court has imposed a significant penalty on the local subsidiary of Japan-based Tokyo Electron, highlighting the islands strict stance on protecting critical semiconductor technologies. The court fined the company...

DeepSeek V4 Launch Signals China’s Growing AI Independence with Huawei Chips

DeepSeek, a fast-rising Chinese AI startup, has unveiled a preview of its highly anticipated V4 model, marking a major step toward Chinas technological independence. The new model, optimized for Huaweis Ascend chips,...