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Mon, Dec 29, 2025 09:43 AM All times are UTC

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Asian markets higher ahead of ECB, gold stabilizes above $1,170

Dec 08, 2016 04:12 am UTC| Commentary

All the Asian indices were trading on a positive note on Thursday. The main event for the day is ECB rate decision at 1245 GMT. Gold and silver were also trading on higher side. Gold was trading around $1,177 mark and...

Chart of the Day Series

Chart of the Day: Dollar in demand

Dec 07, 2016 18:48 pm UTC| Commentary Economy

This chart from Bloomberg shows 3-month JPY-USD basis swap and EUR-USD basis swap, which is the cost to convert yen and euro denominated liabilities to thedollar. For the yen, the swap spread rose to 92 basis points...

Central Banking Series

BoJ Deputy Governor Iwata holds emphasis on money printing, exposes rifts between board members

Dec 07, 2016 16:52 pm UTC| Commentary Central Banks Economy

Bank of Japan Deputy Governor Kikuo Iwata, supporter of aggressive money printing in the nine-member board, shrugged off the view the BOJ was now putting less emphasis on pumping money. Iwata stressed that the BOJ will...

Central Banking Series

Poland leads broad-based gains in CEE assets, focus turns to ECB

Dec 07, 2016 15:44 pm UTC| Commentary Economy

Central European markets tracked gains in Polish assets which were buoyed by an unexpected rating outlook upgrade by Standard Poors on Friday. Polish assets, which have generally underperformed their regional peers this...

Emerging Market Crisis Series

South Africa's business confidence index rises to 4-month high in Nov

Dec 07, 2016 15:22 pm UTC| Commentary Economy

A survey by South African Chamber of Commerce and Industrys (SACCI) showed that business confidence in South Africa rose to its highest in four months in November. SACCIs monthly business confidence index (BCI) rose to...

Czech industrial production snaps two months of rises, falls unexpectedly in October

Dec 07, 2016 15:08 pm UTC| Commentary

Czech industrial production missed forecasts for a rise, declined unexpectedly in October after rising in the previous two months. Data released by Czech Statistical Office on Wednesday showed that Czech Republic...

French trade deficit widens unexpectedly in October as exports declined

Dec 07, 2016 14:33 pm UTC| Commentary

Data from the French Customs showed Tuesday that Frances trade deficit widened more than expected in October as exports declined though imports remained firm. Data showed that French trade deficit rose to EUR 5.20 billion...

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Economy

Gold Prices Ease After Record Highs as Dollar Firms, Broader Bullish Outlook Intact

Gold prices edged lower on Monday after reaching record highs in the previous session, as some investors opted to lock in profits and the U.S. dollar strengthened modestly. Despite the pullback, gold continues to draw...

China to Cut Import Tariffs on Key Commodities and Medical Products From Next Year

China has announced a new round of tariff adjustments set to take effect next year, signaling continued efforts to support domestic industries, enhance supply chains, and promote economic stability. According to a...

European Defense Stocks Slide as Trump Signals Progress in Ukraine-Russia Peace Talks

European defense stocks moved lower on Monday after comments from U.S. President Donald Trump suggested renewed momentum in peace negotiations between Ukraine and Russia, dampening near-term expectations for sustained...

Oil Prices Rise as Ukraine Peace Talks and Middle East Tensions Stir Supply Concerns

Oil prices climbed on Monday as global markets reacted to renewed geopolitical developments, including discussions between the United States and Ukraine on a possible end to the war, alongside persistent tensions in the...

Vietnam Central Bank Faces Challenges Meeting 2026 Economic Growth Target Amid Global Uncertainty

Vietnams central bank is expected to face significant challenges in achieving the countrys ambitious economic growth target of more than 10% in 2026, largely due to external pressures such as global monetary tightening and...

Politics

Trump and Zelenskiy Signal Progress Toward Ukraine Peace Deal, Donbas Still Unresolved

U.S. President Donald Trump said he and Ukrainian President Volodymyr Zelenskiy are moving very close to a potential agreement to end the war in Ukraine, following high-level talks at Trumps Mar-a-Lago resort in Florida....

Trump–Netanyahu Talks Aim to Revive Gaza Ceasefire and Address Iran, Hezbollah Tensions

U.S. President Donald Trump is expected to push for progress on the stalled Gaza ceasefire when he meets Israeli Prime Minister Benjamin Netanyahu on Monday, according to statements from Israeli officials. The high-level...

FBI Surges Resources to Minnesota Amid Fraud Investigations Linked to Somali Community

The Federal Bureau of Investigation has surged additional investigative resources and personnel to Minnesota, according to FBI Director Kash Patel, marking a significant escalation in federal fraud investigations that have...

Australia Orders Independent Review After Bondi Mass Shooting, Albanese Resists Royal Commission Calls

Australian Prime Minister Anthony Albanese has announced an independent review into the countrys law enforcement and security agencies following the deadly Bondi mass shooting, as pressure mounts on the government to...

South Korea Prosecutor Alleges Former First Lady Kim Keon Hee Abused Power for Bribes

A special prosecutor in South Korea has concluded that Kim Keon Hee, the wife of former President Yoon Suk Yeol, interfered in state affairs in exchange for expensive gifts and money, according to findings announced on...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

China’s LandSpace Takes Aim at SpaceX With Reusable Rocket Ambitions

Chinas private rocket startup LandSpace is rapidly emerging as a key challenger in the global commercial space race, openly drawing inspiration from Elon Musks SpaceX while reshaping Chinas traditionally state-led space...

China Proposes Stricter Rules for AI Services Offering Emotional Interaction

Chinas top internet regulator has released draft regulations aimed at tightening oversight of artificial intelligence services that simulate human personalities and engage users emotionally, signaling a stronger push to...

Nvidia and Groq Strike Strategic AI Inference Licensing Deal

Reports earlier this week suggested that Nvidia (NASDAQ: NVDA) had agreed to acquire AI chip startup Groq in a $20 billion all-cash transaction. However, updated details clarify that the arrangement is not a traditional...

TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards

Several leading Japanese semiconductor equipment manufacturers have been recognized with 2025 Supplier Awards from Taiwan Semiconductor Manufacturing Company (TSMC), highlighting their growing importance in the global chip...

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...