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Tue, Apr 28, 2026 02:39 AM All times are UTC

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U.S. consumer credit growth decelerates in June, nonrevolving credit growth to slow in near future

Aug 07, 2017 22:10 pm UTC| Commentary

U.S. consumer credit growth decelerates at the end of the second quarter. Consumer credit grew USD 12.4 billion in June, as compared with consensus expectations of a rise of USD 15.54 billion. Nonrevolving credit growth...

U.S. financials sector posts sharp growth in July

Aug 07, 2017 18:47 pm UTC| Commentary

The U.S. financials sector recorded ongoing sharp growth in July, showed the latest U.S. Sector PMI from IHS Markit Business activity at financial services companies rising at the second-fastest rate since November 2016...

New Zealand’s inflation expectations drop in Q3, shows RBNZ survey

Aug 07, 2017 16:58 pm UTC| Commentary Economy

The Reserve Bank of New Zealands near-term inflation expectations survey dropped in the third quarter. The survey questions respondents what they think inflation would be in two years time. The survey showed that the...

Commodities snapshot (precious & industrial)

Aug 07, 2017 12:41 pm UTC| Commentary

The metal pack is down today. Performance this week at a glance in chart table - Gold: Gold is declining sharply after a failure to break key resistance line. Todays range $1260-1255 In the short-term price is...

Commodities snapshot (energy)

Aug 07, 2017 12:37 pm UTC| Commentary

Energy pack is down in todays trading. Weekly performance at a glance in chart table, Oil (WTI) Oil is down on reports that OPEC supplies on the rise despite Saudi Arabias pledge to reduce exports. Todays range...

Currency snapshot (commodity pairs)

Aug 07, 2017 12:07 pm UTC| Commentary

Dollar index trading at 93.41 (+0.00%) Strength meter (today so far) Aussie -0.12%, Kiwi -0.50%, Loonie -0.53% Strength meter (since last week) Aussie -0.12%, Kiwi -0.50%, Loonie -0.53% AUD/USD Trading at...

Currency snapshot (major pairs)

Aug 07, 2017 12:01 pm UTC| Commentary

Dollar index trading at 93.13 (+0.36%) Strength meter (today so far) Euro +0.23%, Franc -0.08%, Yen -0.18%, GBP +0.16% Strength meter (since last week) Euro +0.23%, Franc -0.08%, Yen -0.18%, GBP +0.16% EUR/USD...

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Economy

U.S. and EU Strengthen Critical Minerals Partnership to Reduce China Dependence

The United States and the European Union have taken a major step toward strengthening their supply chains for critical minerals, aiming to reduce reliance on China and boost advanced manufacturing capabilities. On Friday,...

Global PCB Prices Surge Amid Middle East Conflict and Supply Chain Disruptions

The ongoing conflict in the Middle East is sending shockwaves through the global electronics industry, driving up prices of printed circuit boards (PCBs) and disrupting the supply of critical raw materials. PCBs are...

Asian Currencies Rise Ahead of BOJ and Fed Meetings as Dollar Softens

Asian currencies strengthened on Monday while the U.S. dollar edged lower, as investors shifted focus to upcoming policy meetings by the Bank of Japan (BOJ) and the Federal Reserve. Market sentiment remained cautious due...

BOJ Rate Decision in Focus as Yen, Inflation, and Nikkei Hang in Balance

The Bank of Japan (BOJ) is widely expected to keep interest rates unchanged at its April 28 policy meeting, maintaining the benchmark short-term rate at 0.75%. This would mark the third consecutive pause following a 25...

Asian Stock Markets Rally as Japan and South Korea Hit Record Highs Amid Oil Price Concerns

Asian stock markets opened the week on a positive note, with major indices in Japan and South Korea reaching record highs, supported by strong momentum from U.S. equities. However, gains across the region were tempered by...

Politics

US Envoy Urges Taiwan to Approve Defense Budget Amid Rising China Tensions

The United States top diplomat in Taiwan has called on the islands opposition-led parliament to approve a comprehensive defense budget, emphasizing the urgent need for advanced military systems such as integrated air and...

Erdogan Condemns White House Correspondents’ Dinner Shooting, Voices Support for Trump

Turkish President Recep Tayyip Erdogan expressed strong support for former U.S. President Donald Trump following a shocking shooting incident at the White House Correspondents Association dinner. According to an official...

Trump Gala Security Scare: Suspect Arrested After Attempted Attack on U.S. Officials

A dramatic security incident at a high-profile Washington gala has raised serious concerns about the safety of U.S. officials and the growing threat of political violence. Authorities arrested a 31-year-old suspect,...

Bennett and Lapid Form Alliance to Challenge Netanyahu in Upcoming Israel Election

Former Israeli prime ministers Naftali Bennett and Yair Lapid have announced a political alliance aimed at unseating Prime Minister Benjamin Netanyahu in the upcoming election expected later this year. The two rivals...

DOJ Ends Probe Into Fed Chair Jerome Powell, Boosting Kevin Warsh Confirmation Prospects

The U.S. Department of Justice has officially ended its investigation into Federal Reserve Chair Jerome Powell, a decision announced by U.S. Attorney Jeanine Pirro that could significantly impact the future leadership of...

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

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,...

U.S. Warns Allies Over Alleged Chinese AI IP Theft Linked to DeepSeek

The U.S. State Department has launched a global diplomatic effort to highlight concerns over alleged intellectual property theft by Chinese artificial intelligence companies, including startup DeepSeek. According to a...

Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations

A U.S. federal judge has dismissed key fraud claims brought by Elon Musk in his high-profile lawsuit against OpenAI and its co-founder Sam Altman, marking a significant development in the ongoing legal battle. The ruling,...