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Thai inflation continues to accelerate in January, subdued domestic activity to cap price rises in 2017

Feb 01, 2017 05:13 am UTC| Commentary

Thai headline inflation continued to accelerate in January 2017 with the help of rise in food and oil prices. Inflation rose to 1.55 percent year-on-year, coming in slightly higher than consensus expectations of 1.5...

Australian bonds slump ahead of FOMC policy decision, ASX200 climbs

Feb 01, 2017 05:13 am UTC| Commentary

The Australian bonds slumped Wednesday ahead of the Federal Reserves first monetary policy meeting for 2017 scheduled to be held later in the day. Also, investors are now looking forward to the release of trade balance...

Singapore credit growth rises in January, driven by business-related loans

Feb 01, 2017 05:12 am UTC| Economy Commentary

Singapore credit growth continued to pick up in January driven by business loans rather than consumer loans. It registered at 2.9 percent y/y, up from 1.1 percent in the previous month and the trough of -2.7 percent in...

SNB allows CHF appreciation, accepts lower EUR-CHF exchange rate

Jan 31, 2017 16:45 pm UTC| Commentary Central Banks

EUR-CHF slips below the 1.0680 mark following strong export data on Thursday. A generally weaker EUR caused downside pressure. The current level had provided good support for the currency since November. Swiss FX...

Financial assistance to Greece dependent on IMF participation - German Finance Ministry

Jan 31, 2017 15:50 pm UTC| Commentary Economy

German Finance Ministry said on Tuesday that further financial assistance to Greece is dependent on the successful completion of a review of its bailout program and the participation of the International Monetary Fund...

U.K. mortgage approvals rise less-than-expected in Dec

Jan 31, 2017 15:14 pm UTC| Commentary

Brexit vote and a tax hike on investment properties that took effect in April has inflicted a toll on the London housing market. Bank of England data released today showed that the number of mortgages for house purchase...

U.K. consumer credit slows sharply in Dec, annual rate of borrowing posts biggest slowdown since Dec 2013

Jan 31, 2017 14:56 pm UTC| Commentary

The Bank of Englands data released today showed U.K. consumer credit grew by 1 billion pounds ($1.25 billion) in December. It was the smallest increase since mid-2015 and was significantly below analysts expectations of...

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Economy

Fed’s Logan Signals 50 Basis Points More in Rate Hikes

Dallas Federal Reserve President Lorie Logan said Thursday that U.S. interest rates may need to rise by at least another 50 basis points as inflation remains above the Federal Reserves 2% target, although surging Treasury...

Asian Stocks Fall as US Jobs Data and Oil Risks Rattle Markets

Asian stocks declined on Friday as investors braced for crucial U.S. jobs data while volatility in global bond and currency markets and rising Middle East tensions kept risk appetite subdued. MSCIs broadest index of...

Yen Strengthens on Tokyo Inflation as Dollar Awaits US Jobs Data

The Japanese yen strengthened on Friday after hotter-than-expected Tokyo inflation data increased expectations for further Bank of Japan interest rate hikes, while the U.S. dollar paused ahead of the closely watched...

Gold Prices Steady as Markets Await U.S. Jobs Data

Gold prices were largely unchanged on Friday as investors awaited key U.S. employment data for fresh signals on the Federal Reserves interest-rate outlook, while a strong dollar and elevated Treasury yields kept pressure...

Tokyo Inflation Jumps to 2.7%, Boosting BOJ Rate Hike Expectations

Tokyo consumer inflation accelerated sharply in September, with core prices rising more than economists expected and strengthening expectations that the Bank of Japan (BOJ) could continue raising interest rates as...

Politics

US Waives Egypt Military Aid Conditions Over Iran War Role

The United States has waived human rights conditions tied to $320 million in military aid for Egypt, citing Cairos security cooperation and its role following the start of the US-led war against Iran. Secretary of State...

Tsai Ing-wen to Visit US for Stanford Security Conference

Former Taiwan President Tsai Ing-wen will travel to the United States next week to speak at a Stanford University technology and national security conference, marking her first U.S. visit since leaving office in 2024. Tsai...

South Korea Warns Ukraine Over North Korean POW Dispute

South Korean President Lee Jae Myung warned Friday that Seoul could take additional measures against Ukraine unless Kyiv acknowledges an alleged confidentiality agreement involving two North Korean prisoners of war and...

Iran Plans Stronger Response if US Attacks Resume

Iran is preparing for a broader military response if the United States resumes large-scale attacks, even as Tehran keeps diplomatic channels open in an effort to prevent another major escalation. Senior Iranian commanders...

Brazil Presidential Debate Canceled as Lula, Bolsonaro Skip Event

Brazils final major presidential debate was canceled on Thursday after President Luiz Inacio Lula da Silva and Senator Flavio Bolsonaro, the two leading candidates in the polls, decided not to participate just days before...

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

SoftBank Shares Fall After $10 Billion OpenAI Investment

SoftBank Group shares dropped sharply on Friday after the Japanese technology conglomerate completed the final portion of its latest OpenAI investment, lifting its total investment in the artificial intelligence company to...

Amazon Eyes $8 Billion Nvidia Chip Spinoff to Fund AI Expansion

Amazon is exploring a plan to transfer roughly $8 billion worth of advanced Nvidia artificial intelligence chips to outside investors as the technology giant looks for new ways to finance its rapidly expanding AI...

California AG Subpoenas OpenAI Over AI Cybersecurity Incidents

California Attorney General Rob Bonta served OpenAI with an investigative subpoena Wednesday, escalating a state investigation into cybersecurity incidents involving the artificial intelligence company and its models. The...

WordPress Malware Uses Ethereum to Evade Removal

Security researchers have uncovered a persistent WordPress malware strain that uses Ethereum infrastructure for command-and-control communications, making infected websites unusually difficult to clean. According to...

DogeOS Launches Testnet to Bring DeFi Apps to Dogecoin

DogeOS has launched a public testnet designed to bring Ethereum-style decentralized finance applications to Dogecoin, potentially expanding DOGEs utility beyond payments and price speculation. The Ethereum-compatible...
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