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Thu, Apr 16, 2026 01:38 AM All times are UTC

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Singapore economic growth deteriorates more than market expectations in Q3

Oct 14, 2016 06:12 am UTC| Commentary Economy

The gross domestic product of Singapore deteriorated more than what markets had initially anticipated during the third quarter of this year. Singapores GDP fell by 4.1 percent q/q on a seasonally adjusted annual rate in...

Monetary Authority of Singapore leaves policy stance unchanged, likely to remain neutral in the long-term

Oct 14, 2016 05:03 am UTC| Commentary Central Banks

The Monetary Authority of Singapore (MAS) left policy stance unchanged at the monetary policy meeting held today, largely in line with expectations. Moreover, it is likely to remain neutral in the long-term. The Monetary...

Asian markets marginally higher, gold stable around $1,255

Oct 14, 2016 04:45 am UTC| Commentary

Major Asian indices were trading marginally higher on last working day of the week. On the other side, gold and silver were also trading lower. Gold was trading around $1,255 and silver was trading around $17.41 marks....

Scottish First Minister announces draft bill for a second referendum

Oct 13, 2016 15:39 pm UTC| Commentary

Scottish First Minister and SNP Chief Nicola Sturgeon announced on Thursday that the Scottish Government will publish draft legislation on holding a second independence referendum next week. In the first referendum vote...

China surpasses U.S. as world's top crude importer in September

Oct 13, 2016 15:05 pm UTC| Commentary

Data released by customs earlier on Thursday showed that China imported record volumes of crude oil in September. Customs data showed Chinas September crude imports rose 18 percent from a year earlier to 33.06 million...

Japan households' inflation expectations weaken for the fifth straight quarter

Oct 13, 2016 14:37 pm UTC| Commentary

Bank of Japans (BOJ) latest survey regarding Japan households inflation expectations showed on Tuesday that the ratio of households which expect prices to rise a year from now stood at 65.1 percent in September, down from...

FOMC minutes strengthen case for December rate hike

Oct 13, 2016 14:06 pm UTC| Commentary

The United States Federal Open Market Committee left the benchmark lending rate unchanged in a range of 0.25 percent to 0.5 percent for the sixth straight meeting in September. Minutes of the September meeting released...

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Economy

Asia Markets Rally on Iran Optimism, Strong U.S. Earnings

Global financial markets gained momentum in early Asian trading on Thursday, fueled by growing hopes of a diplomatic resolution between the United States and Iran, alongside a strong batch of corporate earnings from Wall...

US Dollar Weakens Near Six-Week Lows Amid Iran Ceasefire Hopes

The US dollar continued to slide toward six-week lows on Wednesday as improving risk sentiment driven by hopes of a lasting ceasefire in the US-Iran war pressured the safe-haven currency. The US Dollar Index dropped 0.1%...

S&P Cuts ASX Credit Rating Amid Governance and Risk Management Concerns

SP Global Ratings has downgraded the Australian Securities Exchanges issuer credit rating to A+/A-1 from AA-/A-1+, just two weeks after Australian regulators publicly flagged serious governance and risk management failures...

U.S.-Iran War Talks Resume Amid Economic Pressure and Ceasefire Uncertainty

The Trump administration signaled cautious optimism Wednesday over ending its ongoing war with Iran, while simultaneously threatening tighter economic measures if Tehran refuses to cooperate at the negotiating table....

Asian Currencies Hold Steady Amid U.S.-Iran Ceasefire Hopes and Soft U.S. Inflation Data

Asian currencies traded within a narrow range on Wednesday as investors awaited further developments in U.S.-Iran ceasefire negotiations, while softer-than-expected U.S. inflation data offered modest relief to markets. The...

Politics

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...

Brazil's Former Intelligence Chief Alexandre Ramagem Released from U.S. Immigration Custody

Paulo Figueiredo, a close ally of former Brazilian President Jair Bolsonaro currently residing in the United States, confirmed on Wednesday that Alexandre Ramagem Brazils former intelligence chief has been released from...

Russia Unleashes Massive Drone and Missile Barrage on Ukraine, Killing Civilians

Russia launched one of its most intense aerial assaults on Ukraine in recent memory, deploying hundreds of drones and missiles over a 24-hour period that left civilians dead, residential buildings destroyed, and critical...

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

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...

DEEPX Partners with Hyundai to Power Next-Gen AI Robots Ahead of IPO

South Korean AI chip startup DEEPX is deepening its collaboration with Hyundai Motor Group to build a cutting-edge computing platform for generative AI-powered robots. The initiative will be driven by the companys upcoming...