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Tue, Oct 06, 2026 07:29 AM All times are UTC

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Weak Eurozone composite PMI confirms sluggish outlook for Q3 growth

Sep 23, 2016 13:33 pm UTC| Commentary

The flash estimate of Markits Eurozone PMI Composite Output Index slipped to 52.6, down from 52.9 in August, to a 20-month low. The average index reading over the third quarter (52.9) is below that of quarter two (53.1),...

Canadian bonds rally on weak consumer inflation, retail sales miss market expectations

Sep 23, 2016 13:11 pm UTC| Commentary

The Canadian government bonds rallied Friday after recent data showed that August consumer inflation fell despite forecasts for an uptick. Also, retail sales unexpectedly fell in July, causing investors to become...

U.S. Government bonds mixed as markets digest September FOMC statement

Sep 23, 2016 12:40 pm UTC| Commentary

The US Treasuries saw mixed performance Friday as markets continued to digest the September FOMC statement, coupled with relatively mixed economic data, highlighted by further improvement in jobless claims that came...

Norwegian economic growth likely to normalize in 2017

Sep 23, 2016 12:39 pm UTC| Commentary

The combination of heavy cost cutting in the Norwegian sector and slightly higher oil prices has lead to the anticipation of oil investment to bottom out in the course of 2017 in the country, according to Danske Bank. The...

Decline in Spain’s producer prices softens in August

Sep 23, 2016 12:29 pm UTC| Commentary Economy

Spains producer prices improved during the month of August, decreasing at a slower pace than that in the previous month. The industrial producer price index dropped 3.1 percent year-on-year following a 4.6 percent fall...

RBI to maintain pragmatic approach, USD/INR likely to trade at 69 by end-2016

Sep 23, 2016 11:56 am UTC| Commentary

The Reserve Bank of India intentionally maintained a tight monetary policy in 2014 to curb inflationary expectations even at the expense of economic growth. As inflation eased, it gave the path for the Indian central bank...

Forint hits 16-month high on improved Hungary's S&P rating, stable U.S. rates

Sep 23, 2016 11:38 am UTC| Commentary Economy

The Hungarian forint hit a fresh 16-month high on Friday, against the euro, following improved economic outlook rating by the Standard Poor amid further support from the Federal Reserves decision to keep the key interest...

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Economy

Trump Opens Tax-Exempt Dyed Diesel Access as Fuel Prices Surge

U.S. President Donald Trump signed an executive order on Monday expanding access to tax-exempt dyed diesel as soaring fuel prices and global oil supply disruptions put pressure on American consumers and businesses. Under...

Australia Consumer Confidence Plunges as RBA Rate Hike Hits Households

Australian consumer confidence fell sharply in October as households grew increasingly worried about rising living costs, higher interest rates, personal finances and the jobs outlook, according to data released Tuesday by...

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...

Politics

Becton Dickinson to Invest $3 Billion in U.S. Medical Manufacturing

Becton Dickinson and Co. (NYSE: BDX) has agreed to invest $3 billion to expand medical-product manufacturing in the United States, President Donald Trump announced Tuesday, as his administration seeks to strengthen...

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...

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...