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Tue, Oct 06, 2026 06:52 AM All times are UTC

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China’s Shibor hit 7-week high as PBOC drains funds for a second consecutive day

Sep 27, 2016 15:33 pm UTC| Commentary

Yuan borrowing costs in Shanghai rose to a seven-week high as the Peoples Bank of China (PBoC) drained funds from the financial system for the second day in a row. One-month Shanghai Interbank Offered Rate climbed to 2.74...

Eurozone’s sluggish loan growth recovery adds pressure on Q3 GDP

Sep 27, 2016 14:29 pm UTC| Commentary

Tuesdays most notable data from the euro area was the August bank lending figures. Data released by the European Central Bank earlier today showed that the annual growth rate of the broad monetary aggregate M3 increased to...

Sweden's retail sales slightly above forecasts, records first rise in three months

Sep 27, 2016 14:06 pm UTC| Commentary

Preliminary data from Statistics Sweden showed on Tuesday that the nations retails sales recovered in August in line with expectations after the drop the previous month. Retail sales rose a seasonally adjusted 0.6 percent...

Iran iterates reluctance to oil output freeze, jeopardizes deal at Algiers

Sep 27, 2016 13:34 pm UTC| Commentary

Markets continue to monitor headlines from the Algerian meeting in wake of the tensions between Saudi Arabia and Iran, which may restrain oil producers clinching oil output deal. Iran oil minister Zanganeh has re-iterated...

Commodities snapshot (precious & industrial)

Sep 27, 2016 13:05 pm UTC| Commentary

Metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is down again today as it continues to struggle for momentum. Todays range $1329-1340 We expect gold to reach...

Canadian bonds gain following weak crude oil prices, Poloz’s dovish speech

Sep 27, 2016 12:50 pm UTC| Commentary

The Canadian government bonds gained Tuesday as crude oil prices declined more than two percent following Irans comments that stalled hopes for an agreement by major oil producers to cap or freeze output. The yield on...

Commodities snapshot (energy)

Sep 27, 2016 12:41 pm UTC| Commentary

Energy pack is down in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI dropped after hope for a production deal failed. Todays range $46-44.6 WTI is currently trading at...

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Economy

Samsung, SK Hynix Shares Fall Ahead of Q3 Earnings

Shares of South Korean chip giants Samsung Electronics and SK Hynix declined on Tuesday as investors turned cautious ahead of their third-quarter earnings reports, despite broader strength across the global semiconductor...

Asian Currencies Steady as Dollar Holds Near 18-Month High

Asian currencies traded mostly flat on Tuesday as the U.S. dollar remained close to an 18-month high, supported by elevated Treasury yields and persistent inflation concerns. The euro stayed under pressure near a 17-month...

Asian Stocks Rise as Nasdaq Record Offsets Bond Yield Pressure

Asian stocks traded mostly higher on Tuesday, supported by a record close on the Nasdaq, although surging U.S. Treasury yields and elevated oil prices kept investors cautious. Wall Street provided a positive lead after the...

Gold Prices Slip as Strong Dollar and High Treasury Yields Weigh

Gold prices declined on Tuesday as a stronger U.S. dollar and elevated Treasury yields pressured precious metals, offsetting support from reduced expectations for an immediate Federal Reserve interest rate hike. Spot gold...

German Industrial Orders Plunge 10.6% in August

German industrial orders fell significantly more than expected in August, driven by a sharp decline in large-scale transportation orders following unusually strong demand in the previous month. New factory orders dropped...

Politics

OpenAI, Anthropic Back Mandatory AI Breach Reporting in Australia

OpenAI and Anthropic said they would support Australian laws requiring artificial intelligence companies to report data breaches caused by AI agents, as lawmakers consider tougher AI regulation following several security...

US DOT Ends Airline Privacy Review Without Enforcement

The U.S. Transportation Department has concluded a review of privacy practices at the nations 10 largest airlines without imposing fines or taking enforcement action, according to a department memo. The airline privacy...

New York Declares Measles Disaster Emergency as Cases Surge

New York Governor Kathy Hochul declared a statewide disaster emergency on Monday in response to a growing measles outbreak, marking the first such declaration by a U.S. state since measles cases began rising sharply in...

Trump Plans Diesel Tax Relief as Fuel Prices Hit Record Highs

US President Donald Trump is preparing an executive order aimed at expanding access to tax-exempt diesel as his administration seeks to ease record fuel costs ahead of the November 3 elections, according to two people...

ISIS Attack Near Kirkuk Kills Iraqi Policeman After US Withdrawal

At least one Iraqi federal police officer was killed and four others were wounded Monday after Islamic State militants attacked a security position southwest of Kirkuk, according to two security sources. The assault...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

DeepSeek Seeks $12 Billion Funding Round Backed by Tencent, CATL

Chinese artificial intelligence powerhouse DeepSeek is preparing to raise at least 80 billion yuan ($12 billion) in a major funding round backed by Tencent and battery giant CATL, Bloomberg reported on Tuesday. DeepSeek...

Nvidia-Backed Reflection AI Launches Beam Open-Weight Model

Nvidia-backed startup Reflection AI has launched Beam, its first open-weight artificial intelligence model, as the U.S. company looks to challenge lower-cost Chinese AI models in coding and agentic tasks. Reflection AI...

Meta and Microsoft Cut Internal Claude AI Use

Meta Platforms and Microsoft are reducing their internal reliance on Anthropics Claude AI models as both technology giants encourage employees to adopt proprietary artificial intelligence tools, according to a report from...

Huawei, Qualcomm Sign Multi-Year AI and 5G Patent Deal

Chinas Huawei Technologies has reached a broad multi-year patent licensing agreement with Qualcomm covering key technologies including artificial intelligence, 5G, computing and networking, strengthening the companies...

Zcash NU7 Testnet Cuts Block Time to 25 Seconds

Zcash has activated its NU7 network upgrade on the public testnet, reducing the targeted time between transaction blocks from 75 seconds to 25 seconds as developers prepare for a potential November mainnet launch. NU7 went...