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Mexico’s inflation likely to continue accelerating in near-term

Oct 24, 2016 06:21 am UTC| Commentary

In September, Mexicos inflation accelerated mainly due to prices of food that increased 1.6 percent, the most rapid pace since March 2013. Moreover, government-induced increase in transport prices has been a huge factor in...

Chinese 10-year bond yields recover from decade low on stronger equities

Oct 24, 2016 06:13 am UTC| Commentary

The Chinese 10-year bond yields recovered from decade low Monday following gains in the equity market. Chinas stocks opened on a solid note, climbing more than 1 percent and flirted around nine-month high. The yield on...

Norges Bank likely to keep interest rate on hold in October, unlikely to signal changed stance, says Danske Bank

Oct 24, 2016 06:00 am UTC| Commentary

The Norwegian central bank, Norges Bank, is likely to keep the sight deposit rate on hold a 0.50 percent during its October meeting, according to a Danske Bank research report. There has been very little new economic...

South Korea economic growth likely to slow moderately on drag in manufacturing, exports

Oct 24, 2016 05:57 am UTC| Commentary Economy

The economic growth of South Korea is expected to have moderately slowed during the third quarter, largely following drag in the manufacturing and exports sector. Consumption growth also appears to have slowed in...

US Election Series

US Election Series: Bet on IBD/TIPP poll

Oct 24, 2016 05:56 am UTC| Commentary Politics

Except for few pollsters, most are predicting a decisive victory for Clinton and even the Clinton campaign is acting as if they have won the game. The pollsters, who have been predicting decisive victory for Clinton, have...

Mexican jobless rate likely to have remained nearly unchanged in September

Oct 24, 2016 05:31 am UTC| Commentary

The Mexican labor market continues to be in a better shape than the economy. The seasonally adjusted series indicates that the jobless rate in the country dropped further by 0.8 percentage points in 2016 in spite of a much...

Canada’s retail sales fall again in August, consumption spending likely to grow at sub-2 pct rate this year

Oct 24, 2016 05:30 am UTC| Commentary

Canadas retail sales dropped in August after revising down Julys print. The retail sales dropped 0.1 percent sequentially in August, missing the mark for the third consecutive time. Consensus forecast was for a rise of 0.3...

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Economy

U.S. Crude Oil Exports Surge Toward Record Highs Amid Global Supply Crisis

The United States came remarkably close to becoming a net crude oil exporter last week for the first time since World War Two, as American shipments surged to meet surging international demand. The dramatic shift was...

Chile's Kast Unveils 40-Point Economic Reform Package to Boost Growth

Chilean President Jose Antonio Kast introduced a sweeping economic reform package this week, outlining 40 measures aimed at reinvigorating the countrys economy and stabilizing employment. Addressing the nation for the...

China's Economy Surpasses Q1 2026 Growth Forecasts

Chinas economy outperformed expectations in the first quarter of 2026, with official GDP data released Thursday confirming a 5% year-on-year expansion ahead of the 4.8% analysts had forecast and a notable acceleration...

China's New Home Prices Continue to Fall in March Despite Signs of Recovery in Major Cities

Chinas new home prices extended their downward trend in March, according to fresh data released by the National Bureau of Statistics, though some of the countrys largest cities began showing modest month-on-month...

China's Economy Shows Resilience Amid Global Headwinds in March

Chinas industrial output climbed 5.7% year-on-year in March, according to data released by the National Bureau of Statistics, surpassing analyst forecasts of 5.5% from a Reuters poll of 36 economists. Despite the...

Politics

Russia Launches Deadly Missile and Drone Strikes Across Ukraine, Killing Three Including a Child

Russian forces launched a wave of missile and drone attacks on multiple Ukrainian cities in the early hours of Thursday, leaving three people dead among them a 12-year-old boy and wounding more than 20 others. The...

Federal Judge Dismisses DOJ Lawsuit Attempting to Block Hawaii's Climate Case Against Oil Giants

A federal judge in Honolulu has dismissed a Trump administration lawsuit that sought to prevent Hawaii from pursuing climate change litigation against major fossil fuel companies in state court. U.S. District Judge Helen...

Pentagon Taps Auto Giants to Supercharge U.S. Weapons Production

The Pentagon is in early discussions with major American manufacturers including automotive leaders General Motors and Ford Motor about redirecting a portion of their factory capacity and workforce toward producing...

U.S. Senate Blocks Resolutions to Halt $450 Million Weapons Sale to Israel

The U.S. Senate voted Wednesday to reject two resolutions that sought to block approximately $450 million in military equipment sales to Israel, including bombs and bulldozers. Republicans united in opposition to the...

DHS Shutdown Delays World Cup Security Planning Despite Full Funding Release

The U.S. government has successfully released all $625 million in federally approved security funding for the 2026 FIFA World Cup, but an ongoing shutdown at the Department of Homeland Security continues to disrupt...

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

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 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

Sam Altman Moves to Dismiss Punitive Damages in Sister's Sexual Abuse Lawsuit

Sam Altman, co-founder and CEO of OpenAI, has filed a motion in St. Louis federal court seeking to strike punitive damages from a civil lawsuit brought by his sister, Annie Altman, who accuses him of repeated sexual abuse...

Samsung Races to Deliver Next-Gen HBM4E Memory Samples to Nvidia

Samsung Electronics is pushing hard to deliver engineering samples of its next-generation HBM4E high-bandwidth memory to Nvidia as early as next month, according to South Korean outlet ChosunBiz. The move signals Samsungs...

ASML Raises 2026 Revenue Outlook as AI Chip Demand Surges

ASML Holding N.V. lifted its full-year 2026 revenue forecast after the Dutch semiconductor equipment giant surpassed first-quarter profit and sales expectations. The results were fueled by accelerating AI-driven chip...

Federal Agencies Secretly Test Anthropic's AI Despite Trump Administration Ban

Despite a formal directive from President Donald Trump ordering federal agencies to stop using Anthropics artificial intelligence technology, multiple U.S. government bodies have been quietly evaluating the companys latest...

KKR's $820M Investment Fuels Samsung SDS AI Expansion, Sending Group Shares Soaring

Samsung Group stocks rallied sharply on Wednesday following KKRs announcement of a major strategic partnership with Samsung SDS, reigniting investor confidence in the conglomerates artificial intelligence and digital...
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