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UK gilts trade marginally lower ahead of 10-year auction

Oct 19, 2016 09:17 am UTC| Commentary

The UK gilts traded marginally lower Wednesday as investors awaited the auction of 10-year bond. Also, better-than-expected consumer inflation data released Tuesday for August discouraged investors from safe-haven...

Renminbi Series

Softer CNY likely to bolster Chinese economy, upside risks exist, says Commerzbank

Oct 19, 2016 09:15 am UTC| Commentary Economy

A softer Chinese yuan is expected to help bolster the economy which could partially offset the possible slowdown in domestic demand due to property tightening. However, there existupside risks to the currency pair against...

Bank Indonesia likely to keep interest rate on hold

Oct 19, 2016 09:14 am UTC| Commentary

Bank Indonesia is expected to stand pat during its meeting tomorrow after cutting the BI 7-day Reverse Repo Rate by 25 basis points in the previous meeting as was anticipated by the market, according to Societe Generale....

Worrisome Signs Series

Biggest risks in global markets according to global fund managers

Oct 19, 2016 08:39 am UTC| Commentary Economy

The BofAML global survey involving 171 fund managers, holding $443 billion in assets, showed that the asset managers are wary of following risks. According to the fund managers survey, EU disintegration is the...

U.S. NAHB housing market index drops in October, homebuilding to improve gradually

Oct 19, 2016 08:37 am UTC| Commentary

The U.S. NAHB/Wells Fargo Housing Market Index dropped 2 points in October to 63 after climbing 6 points in September. The index dropped from the post-recession high of 65. However, the still-strong level indicates towards...

German bunds trade narrowly mixed ahead of ECB’s monetary policy decision

Oct 19, 2016 08:35 am UTC| Commentary

The German bunds traded narrowly mixed Wednesday as investors await the European Central Banks monetary policy decision for future market directions, which is scheduled to be released on October 20. The yield on the...

South Korea producer prices decline in Sep, driven by cut in prices of energy products

Oct 19, 2016 08:34 am UTC| Commentary Economy

Producer prices in South Korea declined during the month of September, largely driven by cut in prices of coal, petroleum and other energy products. South Koreas producer price index (PPI) for September came in at...

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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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