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Switzerland's inflation rises less-than-expected in October

Nov 07, 2016 14:32 pm UTC| Commentary

Data released by Switzerland Federal Statistical Office on Monday showed that inflation in Switzerland rose less-than-expected in October. Swiss consumer price inflation in October rose a seasonally adjusted 0.1 percent,...

Canadian bonds slump following recovery in energy prices, global debt market

Nov 07, 2016 14:01 pm UTC| Commentary

The Canadian government bonds slumped Monday as crude oil prices recovered by a commitment from OPEC to stick to a deal to cut output. Also, Global Treasury yields jumped after FBI Director James Coney released an...

German industrial orders miss expectations, drop by 0.6 pct m/m in September

Nov 07, 2016 13:41 pm UTC| Commentary

German industry orders fell in September, down by 0.6 percent m/m from 0.9 percent in August, data released by the Economy Ministry showed on Monday. Data missed forecast for a rise of 0.3 percent and the previous months...

South Australian economy likely to face challenges in near-term, aided by weak AUD

Nov 07, 2016 13:09 pm UTC| Commentary Economy

The South Australian economy is expected to face challenges in the year ahead, but should be aided by the low-interest rate environment and by the weaker Australian dollar. In 2014-15, the South Australian economy grew...

USD/SGD likely to trade around 1.40 by end-2016, says Commerzbank

Nov 07, 2016 12:57 pm UTC| Commentary

In the mid-2011, the Singaporean dollar had appreciated to a record high against the US dollar to 1.20. It had remained within a stable range between 1.20-1.30 during mid-2011 to mid-2014. But the Singaporean dollar, since...

U.S. Government bonds plunge as Hillary Clinton’s victory hopes loom

Nov 07, 2016 12:49 pm UTC| Commentary

The U.S. Treasuries were pushed lower across the curve Monday as investors moved away from safe-haven buying after Democrat Hillary Clinton holds a four-point lead over Republican Donald Trump in the final national NBC...

Eurozone retail sales slow for second straight month in Sep, driven by drop in non-food items

Nov 07, 2016 12:42 pm UTC| Commentary Economy

Retail sales in eurozone slowed for the second straight month during September, driven by fall in sales of non-food items with the sharpest declines witnessed in Germany, Portugal and Slovenia. Retail sales in the 19...

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Economy

Ukraine Faces $56 Billion Budget Gap as War Costs Soar

Ukraine is confronting a deepening budget crisis as Russian attacks cripple major industries, reduce tax revenues and drive the cost of fighting the war sharply higher. Kryvyi Rih, the hometown of President Volodymyr...

Thailand Plans Dual-Class Shares to Revive IPO Market

Thailands Stock Exchange plans to introduce a dual-class share structure by 2027, aiming to attract more companies to the countrys struggling IPO market while allowing founders to retain greater control over their...

India-US Trade Deal Talks Hit Plateau, Sitharaman Says

India and the United States have reached a difficult stage in negotiations over a long-awaited trade agreement, with little room left for either side to make additional concessions, Indian Finance Minister Nirmala...

Europe EV Sales Hit Record as Affordable Models Boost Demand

Europes electric vehicle market is accelerating in 2026, with record sales and a growing range of affordable models helping automakers meet stricter European Union emissions targets, according to a new study. Electric...

RBI Rate Hike Bets Surge as Inflation Rises

Investors are increasingly betting that the Reserve Bank of India will raise interest rates this week as inflation accelerates, economic growth remains strong and major global central banks adopt more hawkish policies. A...

Politics

Ukraine to Intensify Strikes on Russian Oil Refineries

Ukrainian President Volodymyr Zelenskiy said Kyiv will intensify attacks on Russian oil refineries in response to Moscows expanding air campaign against Ukrainian cities, while stressing that Ukraine will not deliberately...

Takaichi Pledges to Control Japan Bond Issuance

Japanese Prime Minister Sanae Takaichi pledged Monday to control government bond issuance and respond quickly to market volatility as rising yields intensify concerns over Japans public finances. In a policy speech to...

Australia Probes Flydubai Co-Pilot’s Links After FZ1073 Hijack Attempt

Australian counterterrorism authorities are investigating the local connections of the flydubai co-pilot accused of attacking the captain and attempting to seize control of flight FZ1073. The Victorian Joint Counter...

OPEC+ Keeps November Oil Output Targets Steady

OPEC+ has agreed to maintain its existing oil production targets for November, keeping supply policy unchanged as Middle East disruptions continue to limit actual output from several major producers. Seven core OPEC+...

Yemen Launches Major Offensive to Retake Houthi-Held Areas

Yemens Saudi-backed government announced Sunday a major military campaign aimed at recapturing territory controlled by the Iran-aligned Houthis, escalating a conflict increasingly linked to the wider Middle East war....

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

Huawei, Qualcomm Sign Multi-Year AI and 5G Patent Deal

Chinas Huawei Technologies has reached a broad multi-year patent licensing agreement with Qualcomm covering key technologies including artificial intelligence, 5G, computing and networking, strengthening the companies...

Zcash NU7 Testnet Cuts Block Time to 25 Seconds

Zcash has activated its NU7 network upgrade on the public testnet, reducing the targeted time between transaction blocks from 75 seconds to 25 seconds as developers prepare for a potential November mainnet launch. NU7 went...

Firmus Grid IPO Draws Strong Demand, Nvidia and Blackstone Could Raise Stakes

Australian data centre operator Firmus Grid plans to reserve roughly half of the shares in its initial public offering for existing investors, potentially giving Nvidia and Blackstone an opportunity to increase their...

UK Warned Over Growing Reliance on US Cloud Providers

Britains increasing dependence on U.S. cloud computing companies for critical government services could create a major strategic and economic vulnerability, lawmakers have warned, raising concerns about data sovereignty...

AI Agents Could Disrupt Financial Services, Bernstein Says

Consumer AI agents could reshape financial services by reducing customer inertia and making it easier to switch between financial products, although trust, data access and regulatory hurdles may slow adoption, according to...
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