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Mon, Apr 13, 2026 04:21 AM All times are UTC

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US initial jobless claims rise, steers possibility of a Dec interest rate hike

Sep 02, 2016 05:12 am UTC| Commentary

Initial jobless claims in the United States rose for the week ended Aug 27, albeit slower than what markets had initially expected. However, the rise steered possibilities of an interest rate hike in December this...

U.S. construction spending flat in July, residential investment likely to resume growth in H2

Sep 02, 2016 05:11 am UTC| Commentary

U.S. construction spending remained flat in July. It came in below consensus projections. However, Junes data was upwardly revised, painting a better picture of the sector than anticipated earlier. The Junes figure was...

Brazilian economy contracts more than expected in Q2, likely to shrink over 3 pct this year

Sep 02, 2016 04:41 am UTC| Commentary

The Brazilian economy continued to shrink in the second quarter of 2016. It came in a bit worse than market projections. The GDP contracted 2.3 percent quarter-on-quarter in the quarter, as compared with market forecasts...

Asian indices almost flat ahead of NFP job data, gold and silver marginally higher

Sep 02, 2016 03:48 am UTC| Commentary

Major Asian indices were trading on a flat note ahead of the NFP job data results. On the other side, gold and silver were trading marginally higher. Gold was trading around $1,313 and silver was trading around $18.94...

Norwegian retail sales miss forecasts, fall unexpectedly in July

Sep 01, 2016 15:05 pm UTC| Commentary

Data released by Statistics Norway showed that Norwegian Retail Sales fell to a seasonally adjusted annual rate of -0.6 percent in July, following a 0.6 percent month-on-month drop in the preceding month. Analysts had...

Poland's Aug PMI data shows pick-up in economic activity

Sep 01, 2016 14:21 pm UTC| Commentary

Poland Markit manufacturing PMI came in at 51.5 in August, compared with 50.3 in July. Polands manufacturing sector expanded in August as companies booked new orders on rising export demand. Details showed that employment...

China's economy still struggling to gain momentum, points Caixin PMI data

Sep 01, 2016 14:08 pm UTC| Commentary

The Caixin China manufacturing purchasing managers index weakened to 50.0 in August from 50.6 in July, but remained above the 50 mark for the second straight month. The correction was expected after July Caixin showed the...

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Economy

Oil Prices Surge as U.S. Imposes Blockade on Iranian Shipping Amid Ongoing Middle East Tensions

Global financial markets were rattled Monday after the United States announced a blockade on Iranian shipping following the breakdown of weekend peace negotiations. The decision has renewed fears over Middle East energy...

Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further

South Koreas Bank of Korea governor nominee, Shin Hyun-song, signaled on Monday that policymakers stand ready to intervene should the Korean won experience excessive depreciation. In written statements submitted to...

U.S. Blockades Strait of Hormuz as Oil Prices Surge Past $100

Oil prices climbed sharply in early Asian trading on Monday, with Brent crude jumping 8% to $102.93 per barrel after President Donald Trump announced that the U.S. Navy would begin blockading the Strait of Hormuz. The move...

U.S. Futures Plunge as Iran Ceasefire Talks Collapse and Hormuz Blockade Looms

U.S. stock index futures dropped sharply Sunday evening after ceasefire negotiations between Washington and Tehran broke down, raising fears of prolonged conflict and further disruptions to global energy markets. The...

Spain's Sanchez Visits China to Deepen Trade Ties Amid U.S. Tensions

Spanish Prime Minister Pedro Sanchez arrived in China on Monday for his fourth visit in four years, reinforcing Spains commitment to an independent foreign policy that has increasingly put him at odds with U.S. President...

Politics

Hungary's Orban Loses Power as Magyar Wins in Landslide; U.S. Reactions Divided

Hungarian Prime Minister Viktor Orban, a close ally of U.S. President Donald Trump, was voted out of power after 16 years in office as Hungarians turned out in record numbers to elect center-right challenger Peter Magyar....

Peru Presidential Election 2025: Lopez Aliaga Leads Early Results

Early official vote counts from Perus presidential election reveal that right-leaning candidate Rafael Lopez Aliaga is currently ahead of the competition, securing 23.4% of the vote. With only 5% of ballots tallied so far,...

Trump Dismisses Iran Talks, Orders Strait of Hormuz Blockade

President Donald Trump signaled indifference toward renewed diplomacy with Iran on Sunday, telling reporters at Joint Base Andrews, I dont care if they come back or not, if they dont come back, were fine. His remarks...

Swalwell Drops California Governor Bid Amid Sexual Assault Allegations

California Democratic Congressman Eric Swalwell has suspended his gubernatorial campaign following sexual assault allegations and mounting pressure from fellow lawmakers and former staff members to resign from Congress...

U.S. Blockade of Strait of Hormuz Sends Oil Tankers Into Retreat

Oil tankers are diverting away from the Strait of Hormuz as the United States prepares to enforce a naval blockade beginning Monday morning, following the collapse of weekend peace negotiations between Washington and...

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

TSMC Posts Record Q1 2026 Profits Driven by Surging AI Chip Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) is on track to deliver its fourth straight quarter of record-breaking earnings, with analysts forecasting a 50% jump in net profit for the first quarter of 2026. The surge is...

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...