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Sat, Dec 27, 2025 02:52 AM All times are UTC

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US Presidential Election Series: Watch out for Assange Berlin conference today

Oct 04, 2016 07:26 am UTC| Commentary

Much awaited video conference from Wikileaks founder Julian Assange, who has been hiding/sheltering at the Ecuador embassy in the United Kingdom is scheduled for broadcast in the next hour; at 10: am CET or 4 am ET. Mr....

Indian bonds trade lower ahead of RBI policy decision

Oct 04, 2016 07:09 am UTC| Commentary

The Indian government bonds traded lower Tuesday ahead of the Reserve Bank of India (RBI) October monetary policy meeting, which is scheduled to be released on Wednesday by 09:00 GMT. The yield on the benchmark 10-year...

Australia’s building approvals drop modestly in August, but housing market remains strong

Oct 04, 2016 07:03 am UTC| Commentary

Building approvals in Australia dropped modestly in August following a huge jump in the previous month. The underlying tone continues to be quite strong. Monthly approvals remain around record levels, noted ANZ in a...

RBA leaves cash rate on hold at 1.5 pct, but retains easing bias

Oct 04, 2016 06:51 am UTC| Commentary Central Banks

As widely projected, the Reserve Bank of Australia left its cash rate on hold today at 1.5 percent after it lowered the key rate by 25 basis points in both May and August. The overall tone of the statement was widely...

Worrisome Signs Series

Worrisome Signs Series: US debt growth outstrips GDP growth by many folds

Oct 04, 2016 06:50 am UTC| Commentary Economy

Over the past years, the global markets have focused on China more, when it comes to debt, arguing that the marginal productivity of increased debt has declined substantially. The debt growth has outstripped GDP growth in...

German bunds nearly flat in subdued trade; 10-year auction in focus

Oct 04, 2016 06:44 am UTC| Commentary

The German bunds traded nearly flat Tuesday as investor remainfocused on the upcoming 10-year bond auction, which is schedule to take place on Wednesday by 09:35 GMT. The yield on the benchmark 10-year bond, which moves...

RBA monetary policy: Assessing future bias

Oct 04, 2016 06:17 am UTC| Commentary Central Banks

A new governor, Philip Lowe is heading the Reserve Bank of Australia (RBA) now and at his first monetary policy meeting, he and his colleagues have chosen to maintain rate steady at 1.5 percent. Lets look at the details...

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Economy

Wall Street Ends Post-Christmas Session Flat as Investors Eye Santa Claus Rally

Wall Street finished a light-volume, post-Christmas trading session nearly unchanged on Friday, as investors found little fresh news to drive strong market conviction. After a solid five-session rally, all three major U.S....

Argentina Congress Approves 2026 Budget Under Milei, Marking First Legislative Passage Since 2023

Argentinas Congress has approved the countrys 2026 national budget, marking the first budget bill passed by legislators since President Javier Milei assumed office in late 2023. The budget was approved on Friday by a vote...

U.S. Stocks Hold Steady After Christmas as Trading Volumes Stay Light

U.S. stocks were mostly unchanged following the Christmas holiday, as subdued trading activity and thin volumes defined the session ahead of a shortened New Years trading week. With many global markets still observing...

Oil Prices Hold Steady in Asia as Geopolitical Tensions Support Market

Oil prices were mostly unchanged during Asian trading on Friday, holding on to gains from earlier in the week as geopolitical tensions continued to underpin the market. However, thin holiday liquidity and limited...

Lebanon Cabinet Approves Financial Gap Law to Tackle Ongoing Economic Crisis

Lebanons cabinet has approved a controversial draft law aimed at addressing the countrys prolonged financial crisis, a move seen as a critical step toward unlocking long-awaited international financial support. The...

Politics

Zelenskiy to Meet Trump to Advance Ukraine Peace Talks and Security Guarantees

Ukrainian President Volodymyr Zelenskiy announced on Friday that he plans to meet with U.S. President Donald Trump on Sunday as part of ongoing efforts to bring an end to Russias war in Ukraine. The high-level meeting is...

Najib Razak Jailed 15 More Years in Landmark 1MDB Verdict With Major Political Impact

Malaysias former prime minister Najib Razak has been sentenced to an additional 15 years in prison and fined 11.39 billion ringgit (about $2.8 billion) after being found guilty of abuse of power and money laundering in one...

Japan Approves Record ¥122.3 Trillion Budget as Takaichi Seeks Fiscal Balance

Japans government, led by Prime Minister Sanae Takaichi, has approved a record-breaking budget worth 122.3 trillion yen ($785 billion) for the next fiscal year starting in April, underscoring its attempt to balance...

White House East Wing Ballroom Plans Face Scrutiny Ahead of January Hearing

The White House is set to reveal new details about President Donald Trumps proposed East Wing ballroom during a federal commission hearing scheduled for early next month, according to official notices. The project, which...

Zelenskiy Discusses Ukraine Peace Efforts With Trump Envoys

Ukrainian President Volodymyr Zelenskiy said on Thursday that he held an extensive discussion with U.S. President Donald Trumps special envoy Steve Witkoff and Trumps son-in-law Jared Kushner, focusing on possible ways to...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Nvidia and Groq Strike Strategic AI Inference Licensing Deal

Reports earlier this week suggested that Nvidia (NASDAQ: NVDA) had agreed to acquire AI chip startup Groq in a $20 billion all-cash transaction. However, updated details clarify that the arrangement is not a traditional...

TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards

Several leading Japanese semiconductor equipment manufacturers have been recognized with 2025 Supplier Awards from Taiwan Semiconductor Manufacturing Company (TSMC), highlighting their growing importance in the global chip...

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...