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Wed, Apr 22, 2026 04:32 AM All times are UTC

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Asian markets in green, Nikkei up by more than 2 percent, gold steady at $1,160

Jan 04, 2017 04:01 am UTC| Commentary

All the major Asian indices were trading on a higher note on Wednesday. Gold was trading in narrow range and stabilizes around $1,160 mark while silver was trading around $16.35 marks. Tokyos Nikkei share average...

Chart of the Day Series

Chart of The Day: Against Yuan

Jan 03, 2017 18:12 pm UTC| Commentary

The Chinese yuan ended the past year with a depreciation of almost 7 percent against the dollar. And this chart from Bloomberg shows that the demand for the dollar remains high across the forward curve. Currently, the...

French CPI marginally higher than expected in Dec, driven by higher energy prices

Jan 03, 2017 16:38 pm UTC| Commentary

Report released by French National Institute for Statistics and Economic Studies on Tuesday showed that French Consumer Price Inflation (CPI) in December rose to a seasonally adjusted 0.3 percent from 0.0 percent in the...

UK manufacturing smashes expectations, PMI rises to 30-month high in Dec

Jan 03, 2017 16:04 pm UTC| Commentary

UK manufacturing sector ended 2016 on a positive note. The seasonally adjusted Markit/CIPS Purchasing Managers Index (PMI) rose to a 30-month high of 56.1 in December, up from 53.6 in November and well above its long-run...

Oil in Global Economy Series

Crude Oil Prices Soar as Kuwait Kick-Starts OPEC Production Cuts

Jan 03, 2017 15:35 pm UTC| Commentary

OPEC member Kuwait has cut output by 130,000 barrels a day to about 2.75 million a day, Al-Anba newspaper reported, citing Kuwait Oil Co. Chief Executive Officer Jamal Jaafer. The Organization of Petroleum Exporting...

German unemployment rate steady at record low, number of unemployed fall more than expected

Jan 03, 2017 15:13 pm UTC| Commentary

Germanys Federal Statistics Office data showed on Tuesday that unemployment rate in Europes biggest economy held steady in December at a seasonally adjusted 6.0 percent, in line with analysts expectations. The number of...

China Caxin PMI beats forecasts, rises at fastest pace since January 2013

Jan 03, 2017 14:48 pm UTC| Commentary

Chinas more closely watched Caixin manufacturing Purchasing Managers Index (PMI) beat expectations in December to rise at its fastest rate since January 2013. Caixin/Markit Manufacturing PMI survey which tends to focus...

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Economy

Japan Exports Surge for Seventh Month as AI Demand Offsets Middle East Trade Disruptions

Japans exports extended their growth streak for a seventh consecutive month in March, driven largely by strong global demand linked to artificial intelligence (AI) and data center expansion. According to government data,...

Oil Prices Slip Amid Iran Ceasefire Extension, Hormuz Disruptions Keep Markets Tense

Oil prices edged lower during volatile Asian trading on Wednesday as U.S. President Donald Trump announced an indefinite extension of the ceasefire with Iran. While the move raised hopes for continued peace talks, ongoing...

U.S. Stock Futures Rise as Trump Extends Iran Ceasefire, Easing Market Tensions

U.S. stock index futures moved higher evening after President Donald Trump announced an indefinite extension of a ceasefire with Iran, calming investor fears about escalating geopolitical tensions in the Middle East. The...

Canada-USMCA Review 2026: No Collapse Expected Despite July 1 Deadline

Canadas top trade negotiator to the United States, Janice Charette, has signaled that the upcoming July 1 deadline for reviewing the USMCA trade agreement should not be viewed as a breaking point for North American trade...

Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty

Paraguays central bank has decided to keep its benchmark interest rate unchanged at 5.5% for the second straight month, signaling confidence in the countrys stable inflation outlook despite ongoing global economic...

Politics

Virginia Redistricting Vote Boosts Democrats Ahead of Midterm Elections

Virginia voters approved a new Democratic-backed congressional map on Tuesday, a decision that could significantly reshape the balance of power in the U.S. House of Representatives ahead of the upcoming midterm elections....

Trump Administration Files Fraud Charges Against Southern Poverty Law Center Over Informant Payments

The Trump administration has filed criminal charges against the Southern Poverty Law Center (SPLC), a prominent civil rights organization known for tracking extremist groups, accusing it of defrauding donors through its...

Global Military Talks in London Aim to Reopen Strait of Hormuz and Protect Shipping

Military planners representing more than 30 countries are gathering in London for two days of high-level discussions focused on reopening the Strait of Hormuz and strengthening maritime security in one of the worlds most...

Sharif Welcomes Trump’s Ceasefire Extension in U.S.-Israel-Iran Conflict

Pakistans Prime Minister Shehbaz Sharif has expressed appreciation to former U.S. President Donald Trump for agreeing to extend the ceasefire in the ongoing U.S.-Israeli conflict involving Iran. The decision aims to...

Argentina’s Milei Pushes Electoral Reform to End Mandatory Primaries

Argentine President Javier Milei announced plans to introduce a sweeping electoral reform bill to Congress, aiming to reshape the countrys political landscape and voting system. The proposal, set to be submitted on...

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

LG Innotek Stock Hits Record High on $68M Automotive Wi-Fi 7 Deal

LG Innotek shares surged to an all-time high on Wednesday, fueled by strong investor confidence following the companys latest automotive supply agreement with a European partner. The Seoul-listed stock (KS:011070) climbed...

Samsung Boosts DRAM Supply to Tesla as AI-Driven Memory Demand Surges

Samsung Electronics Co Ltd (KS:005930) has significantly increased its monthly DRAM shipments to Tesla Inc (NASDAQ:TSLA), reflecting the growing demand for advanced memory solutions in electric vehicles and artificial...

SpaceX Eyes $60B Cursor Deal to Boost AI Power Ahead of IPO

Elon Musks SpaceX has announced plans to collaborate with AI coding startup Cursor, with the option to acquire the company later this year in a deal valued at $60 billion. The aerospace giant also revealed an alternative...

Florida Investigates OpenAI and ChatGPT Over Alleged Role in FSU Shooting

Florida Attorney General James Uthmeier announced that the state has launched a criminal investigation into OpenAI and its AI chatbot, ChatGPT, following a deadly shooting at Florida State University last year. The...

SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows

SpaceX President and Chief Operating Officer Gwynne Shotwell earned $85.8 million in total compensation last year, according to details from the companys S-1 filing, positioning her among the highest-paid executives in the...