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Mon, Feb 02, 2026 09:33 AM All times are UTC

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Indian headline inflation accelerates in June on higher food prices

Jul 12, 2019 17:10 pm UTC| Commentary

Indian headline inflation accelerated further in June, led by increased food prices but roughly in line with market estimates. On a sequential basis, the consumer price inflation accelerated to 0.63 percent from Mays 0.57...

Decline in Turkish industrial output growth eases in May

Jul 12, 2019 15:54 pm UTC| Commentary

The fall in Turkish industrial production growth slowed down in May. On a year-on-year basis, the industrial output dropped 1.3 percent year-on-year, as compared with the fall of 4 percent seen in the prior month....

Chinese trade balance unlikely to rebound in H2 2019, imports to pick up moderately in months ahead

Jul 12, 2019 14:08 pm UTC| Commentary

Chinas soft imports in June were led by factors that included weak domestic demand and U.S. control over high-tech exports, in spite of lower base effects. Slow rebound in domestic investment momentum has led to weak...

Singaporean economic growth decelerates sharply in Q2 2019, MAS core inflation likely to ease in coming months

Jul 12, 2019 12:51 pm UTC| Commentary

Singaporean economic growth slowed down in the second quarter of 2019 from the first quarter. On a year-on-year basis, the economic growth eased to 0.1 percent from prior quarters 1.1 percent. Todays figures were well...

FxWirePro: Copper trapped in bull/bear fight

Jul 12, 2019 12:42 pm UTC| Commentary

Calculations at FxWirePro suggests that the red metal copper, which is widely considered as an industrial barometer is currently trapped in a Bull/Bear fight for the near term control, while the broader trend still remains...

FxWirePro: USD/CAD to move lower as BoC and Fed diverge on monetary policy

Jul 12, 2019 12:16 pm UTC| Commentary

The Canadian dollar has strengthened against the U.S. dollar since May when the U.S. Federal Reserve signaled the possibility of rate cuts going ahead. USD/CAD has declined from 1.356 area in May to 1.303 area as of...

New Zealand’s house prices rise weakly in June, market likely to remain subdued

Jul 12, 2019 11:30 am UTC| Commentary

New Zealands adjusted house sales dropped 0.8 percent sequentially in June after a drop of 1 percent recorded in the prior month. On a year-on-year basis, sales growth ticked up to -6.1 percent, implying some stabilization...

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Economy

Viksit Bharat 2026: Fiscal Muscle, Factory Revival, and the War on Speculation

Finance Minister Nirmala Sitharamans Union Budget 202627 pursues the Viksit Bharat vision vigorously by combining severe fiscal discipline with a huge growth push. Driven by a 7% GDP growth objective and a lowered fiscal...

IMF Forecasts Global Inflation Decline as Growth Remains Resilient

Global inflation is expected to continue its downward trend over the coming years, according to new projections from the International Monetary Fund (IMF). The IMF estimates that global inflation will fall to 3.8% this...

EU Recovery Fund Faces Bottlenecks Despite Driving Digital and Green Projects

Across Spains olive groves and vineyards, sensors and drones funded by the European Unions massive post-pandemic recovery plan are collecting soil data to power AI-driven farming. These projects reflect the core ambition...

JPMorgan Lifts Gold Price Forecast to $6,300 by End-2026 on Strong Central Bank and Investor Demand

JPMorgan has raised its year-end 2026 gold price forecast to an ambitious $6,300 per ounce, reinforcing its bullish outlook on the precious metal despite recent market volatility. The bank points to sustained and...

Philippines Manufacturing PMI Hits Nine-Month High Despite Weak Confidence Outlook

The Philippines manufacturing sector showed a notable rebound at the start of the year, as the SP Global Philippines Manufacturing Purchasing Managers Index (PMI) climbed to a nine-month high of 52.9 in January, up from...

Politics

Medvedev Warns World Is Growing More Dangerous but Says Russia Seeks to Avoid Global Conflict

Dmitry Medvedev, Russias deputy chairman of the Security Council and a senior Kremlin security official, has warned that the global situation is becoming increasingly dangerous, while stressing that Russia does not want a...

Laura Fernandez Set to Become Costa Rica’s Next President, Promising Sweeping Political Change

Laura Fernandez is poised to become Costa Ricas next president, marking a significant political shift as she pledges to continue and deepen the populist agenda of outgoing President Rodrigo Chaves. Her victory signals a...

Starmer’s China Visit Highlights Western Balancing Act Amid U.S.-China Rivalry

British Prime Minister Keir Starmers recent visit to China underscores the complex balancing act Western middle powers are attempting as rivalry between Beijing and Washington intensifies. While the trip allowed China to...

Peter Mandelson Resigns from Labour Party Amid Renewed Jeffrey Epstein Links

Former British government minister Peter Mandelson has resigned from Prime Minister Keir Starmers Labour Party following renewed media scrutiny over his past connections to disgraced U.S. financier Jeffrey Epstein. The...

Japan Election Poll Signals Landslide Win for Sanae Takaichi, Raising Fiscal Policy Concerns

Japans ruling Liberal Democratic Party (LDP), led by Prime Minister Sanae Takaichi, is poised for a decisive victory in the upcoming lower house election, according to a new opinion poll released by the Asahi newspaper....

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand

Nvidia CEO Jensen Huang praised and gently pushed Taiwans leading technology suppliers to ramp up production, highlighting the intense global demand for artificial intelligence hardware during a high-profile visit to the...

Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure

Oracle has announced plans to raise between $45 billion and $50 billion in 2026 as it accelerates the expansion of its cloud infrastructure to meet surging demand from major technology and artificial intelligence clients....

Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate

Speculation around a potential Musk Inc has resurfaced as Elon Musks companiesSpaceX, Tesla, and xAIexplore closer ties amid rapid advances in artificial intelligence and automation. With SpaceX expected to go public later...

SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz

SpaceX delivered a strong financial performance last year, generating an estimated $8 billion in profit on revenues between $15 billion and $16 billion, according to people familiar with the companys results. The figures,...

SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom

SpaceX has revised its Starlink privacy policy to allow customer data to be used for artificial intelligence training, a move that could significantly support Elon Musks broader AI ambitions. The policy change comes as...