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Thai baht likely to appreciate modestly to 30.5 against USD by end-2019

Sep 03, 2019 18:45 pm UTC| Commentary

The reputation of Thai baht as a safe haven currency continues to grow. However, with the Thai baht nominal effective exchange rate at its strongest levels since 1997, policymakers are worried about the currencys effect on...

Riksbank is likely to keep to repo rate on hold in September

Sep 03, 2019 17:31 pm UTC| Commentary

The Swedish central bank is set to meet this week for its interest rate decision. According to a Nordea Bank research report, the Riksbank is expected to keep its repo rate on hold. The central bank is also expected to...

Australian economic growth likely to have accelerated slightly in Q2 2019

Sep 03, 2019 15:33 pm UTC| Commentary

The Australian economy is likely to have expanded 0.5 percent quarter-on-quarter in the second quarter, according to an ANZ research report. This would see annual growth edge down to 1.4 percent, which would be the slowest...

U.K. construction sector activity losses momentum in August, PMI index remains below 50

Sep 03, 2019 13:52 pm UTC| Commentary

U.K. construction sector sees loss of momentum in August, led by the sharpest reduction in new work since March 2009. The headline seasonally adjusted IHS Markit/CIPS U.K. construction total activity index dropped to 45 in...

Australian retail sales fall in July, likely to grow stronger in August

Sep 03, 2019 12:23 pm UTC| Commentary

Australian retail sales dropped 0.1 percent on a sequential basis in July, as compared with market expectations of a rise of 0.2 percent. Annual growth fell to 2.4 percent. This is the lowest annual growth since January...

Australian trade balance drives surge in current account surplus in Q2, trade balance to remain strong

Sep 03, 2019 11:39 am UTC| Commentary

Australian current account came in surplus in the second quarter, surpassing market expectations. The surplus was a rebound from the revised AUD 1.1 billion deficit seen in the first quarter. The trade balance rose to AUD...

Australia’s current account registers surplus in Q2; Q3 looks little lower given fall in commodity prices, says ANZ Research

Sep 03, 2019 07:38 am UTC| Commentary Economy

Australias current account was in surplus in Q2, improving upon the revised AUD1.1bn (previously AUD2.9bn) deficit in Q1. The trade balance increasing to AUD19.9bn from AUD14.8bn was the main driver of this surplus. The...

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Economy

Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue

The fourth round of Mexico-US trade talks is unlikely to take place next week and could be postponed until October as both countries navigate a busy diplomatic schedule, according to a senior Mexican trade official. Luis...

Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth

Australias labour market delivered mixed signals in August as employment growth comfortably exceeded expectations, while the unemployment rate climbed to its highest level in nearly five years amid increased participation...

Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit

Asian stocks mostly declined on Thursday as surging global bond yields weighed on risk appetite, while investors awaited a closely watched meeting between U.S. President Donald Trump and Chinese President Xi Jinping....

Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets

Gold prices edged lower on Thursday, extending pressure from the previous session as rising Treasury yields, stronger oil prices and a firm U.S. dollar fueled expectations that the Federal Reserve may continue raising...

Asian Currencies Mixed as Dollar Holds Near Two-Month High

Asian currencies traded mixed on Thursday as the U.S. dollar hovered near a two-month high, supported by stronger U.S. economic data, renewed inflation concerns and growing expectations for another Federal Reserve rate...

Politics

Kremlin Says No Decision Yet on Putin-Trump December Summit

The Kremlin said Thursday that Russia has not yet decided whether President Vladimir Putin will attend a December G20 meeting in Miami, where a potential summit with U.S. President Donald Trump could take place. Moscow...

OpenAI Agent Breaches Australia Medicare Data Portal

An OpenAI artificial intelligence agent gained unauthorized access to an Australian government Medicare statistics portal, prompting a federal investigation and renewed concerns about the cybersecurity risks posed by...

Taiwan Thanks US for Support Ahead of Trump-Xi Summit

Taiwans government on Thursday expressed gratitude for continued US support and said it remains in close communication with Washington as President Donald Trump prepares to meet Chinese President Xi Jinping in the US...

Netanyahu Takes Aim at Mamdani as Israel Election Nears

Israeli Prime Minister Benjamin Netanyahu is expected to use his United Nations address on Thursday to criticize New York Mayor Zohran Mamdani, as the Israeli leader faces international pressure and a closely watched...

Russian Missile and Drone Attack on Kyiv Kills Two, Damages Maternity Hospital

Russia launched a major missile and drone attack on Kyiv early Thursday, killing two people and damaging residential buildings, medical facilities and other infrastructure across the Ukrainian capital, according to...

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

BlackBerry Shares Rise as Q2 Earnings, Revenue Beat Estimates

BlackBerry shares climbed more than 2% in premarket trading Thursday after the cybersecurity and software company reported stronger-than-expected second-quarter results and issued an upbeat full-year revenue outlook....

Apple Extends Qualcomm Patent Licensing Deal

Qualcomm said Thursday that Apple has extended its patent-licensing agreement with the U.S. chip designer, maintaining a key part of their relationship even as the iPhone maker works to reduce its dependence on Qualcomm...

Tencent Launches TenPayGo Payment App for Foreign Tourists in China

Tencent has launched TenPayGo, a new mobile payment app designed to make digital transactions easier for international travelers visiting China, as the technology giant looks to benefit from growing inbound tourism ahead...

China’s ‘Lipstick King’ Says AI Won’t Replace Livestream Hosts

Chinas livestream shopping industry is entering a slower phase, but Li Jiaqi, the influential presenter known as the Lipstick King, believes artificial intelligence will complement rather than replace human hosts. Li, who...

Meta Unveils Muse Charm AI Device, Expands Smart Glasses Lineup

Meta Platforms (NASDAQ: META) unveiled a palm-sized device designed specifically for its Muse artificial intelligence agent on Wednesday, alongside an expanded lineup of smart glasses and new AI capabilities. CEO Mark...
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