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Domestic sector likely to drive Thai economic growth this year and next

Oct 12, 2016 12:45 pm UTC| Commentary

The Thai economic growth is expected to accelerate for the whole of this year from the last year. According to a Commerzbank research note, the economy is likely to grow 3.1 percent in 2016 as compared with the 2.8 percent...

Russian economic contraction to be less severe this year

Oct 12, 2016 12:03 pm UTC| Commentary

The Central Bank of Russia, during its September meeting, had argued for additional sentiment in its inflation target of 4 percent from some cabinet members and the market, by giving clearer guidance. In spite of the...

China September auto sales register highest monthly growth since January 2013

Oct 12, 2016 11:54 am UTC| Commentary Economy

Auto sales in China registered the highest monthly growth since January 2013, during the month of September, as consumers seeking to beat an expiring tax cut helped clear inventory on dealer lots. Passenger-vehicle...

Bank of Korea likely to stand pat, unlikely to change GDP forecast

Oct 12, 2016 11:39 am UTC| Commentary

The Bank of Korea is expected to maintain its policy rate at 1.25 percent during its policy meeting tomorrow by a unanimous decision, according to Societe Generale. Several market participants appear to have given up their...

ZEW indicator for Swiss economic sentiment rises in October

Oct 12, 2016 10:59 am UTC| Commentary

Economic expectations for Switzerland continue to rise. The ZEW-CS-Indicator for Swiss economic confidence has risen in October 2016 by 2.5 points. The indicator now stands at 5.2 points and there continues the slight...

Riksbank September Business Survey points concerns over Swedish economic outlook

Oct 12, 2016 10:57 am UTC| Commentary

The Swedish central bank Riksbank conducted a Business Survey in the month of September. The central bank stated that the Swedish economic activity has been good in the past three years and that it looks set to continue in...

India’s headline inflation seems to have eased in September

Oct 12, 2016 09:36 am UTC| Commentary

Indias headline CPI inflation for the month of September is expected to have slowed down slightly. According to a Societe Generale research note, the consumer price inflation is likely to have eased to 4.9 percent...

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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

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

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...
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