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Wed, Apr 15, 2026 09:28 PM All times are UTC

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UK September services PMI surprises modestly on the upside

Oct 05, 2016 15:38 pm UTC| Commentary

Data released earlier on Wednesday showed UK service sector continued to recover from Julys EU referendum-induced shock. There was some slippage in the headline balance which eased to 52.6 from 52.9 in August. However, it...

China Crisis Series

IMF warns on dangerous pace of credit growth in China

Oct 05, 2016 15:34 pm UTC| Commentary

In an update to its World Economic Outlook on Tuesday, the International Monetary Fund warned that Chinas dependence on debt is growing at a dangerous pace and called for authorities to act to head off a brewing crisis in...

China extends 500 million yuan in subsidies to support public-private partnerships

Oct 05, 2016 14:55 pm UTC| Commentary

China has explored funding infrastructure and public works through the public-private partnership model since 2013 amid concern over rising local government debt. In May 2015, Chinas National Development and Reform...

Eurozone composite PMI hits 20-month low; growth slows in Germany, Italy and Spain

Oct 05, 2016 14:09 pm UTC| Commentary

Markits final composite Purchasing Managers Index for the euro zone released earlier today showed that Eurozone business activity in September expanded at its weakest rate since the beginning of 2015 last month. The final...

ECB far from pull back on stimulus measures, global markets roiled on mere 'taper talks'

Oct 05, 2016 13:46 pm UTC| Commentary

At its policy meeting on September 3, the ECB kept stimulus package unchanged and left the question unresolved of whether bond purchases will be extended, leaving investors guessing on when and how the program will...

Chart of the Day Series

US Election Series

Chart of the Day: US election to determine Peso's fate

Oct 05, 2016 13:44 pm UTC| Commentary

This chart is basically a Goldman Sachs forecast for Mexican Peso. The analysts at Goldman forecasting the peso at 24 per dollar if Donald Trump wins. Why not? so much is at stake here. Mexico might have to pay for...

Commodities snapshot (precious & industrial)

Oct 05, 2016 13:22 pm UTC| Commentary

Metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is up today but is more like a dead cat bounce after yesterdays massive decline. Todays range $1266-1277 We expect gold...

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Economy

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...

Gold Prices Ease From One-Month High Amid Iran Ceasefire Uncertainty

Gold prices slipped slightly from a one-month peak during Asian trading on Wednesday, with investors closely watching developments between the United States and Iran as a fragile ceasefire deadline approaches next week....

Strait of Hormuz Oil Shipments Resume Amid U.S.-Iran War Tensions

Global energy markets remain on edge as the U.S. blockade on Iranian ports continues to disrupt shipping through the Strait of Hormuz, a critical chokepoint that normally handles roughly one-fifth of worldwide oil and gas...

Asian Stocks Rally on Tech Gains and U.S.-Iran Diplomacy Hopes

Asian equity markets extended their winning streak on Wednesday, buoyed by strong performances in technology stocks and growing optimism surrounding potential U.S.-Iran diplomatic talks. The positive momentum followed a...

Iran War Drives Asia's Plastic Crisis — and a Green Packaging Boom

The ongoing Iran conflict is reshaping the global packaging industry in ways environmental advocates never anticipated. By disrupting Middle Eastern oil and petrochemical supplies, the war has driven plastic prices to...

Politics

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...

Iran's Secret Use of Chinese Spy Satellite to Target U.S. Military Bases Revealed

A explosive new report from the Financial Times has uncovered that Iran covertly leveraged a Chinese spy satellite during a recent regional conflict, granting the Islamic Republic an unprecedented ability to surveil and...

Trump Warns Against Iranian Nuclear Weapons, Criticizes Pope Leo

President Donald Trump renewed his sharp criticism of Pope Leo on Tuesday, taking to his Truth Social platform to issue a stern warning about Irans nuclear ambitions while highlighting what he described as a severe human...

Japan Opens Arms Export Floodgates: New Policy Draws Global Defense Interest

Japan is preparing to significantly loosen its arms export restrictions, and allies from Europe to Southeast Asia are already lining up. Prime Minister Sanae Takaichis ruling party has approved the sweeping policy changes,...

U.S. Blockade on Iran Tightens Amid Ceasefire Uncertainty

United States military forces have fully enacted a naval blockade against Iran, halting all sea-based economic trade flowing in and out of the country, according to a statement released Tuesday by U.S. Central Command. The...

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

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...

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...

Anthropic Nears $800 Billion Valuation as Investor Confidence Surges

Anthropic, the artificial intelligence startup behind the Claude AI assistant, is reportedly fielding investment offers that could value the company at up to $800 billion. According to Business Insider, multiple venture...

SK Hynix Shares Hit Record High Amid AI Memory Demand Surge

SK Hynix shares soared to an all-time high on Tuesday, riding a wave of renewed investor confidence in artificial intelligence infrastructure and fresh momentum from developments tied to fellow memory chipmaker SanDisk....