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

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Spanish bond yields hit three-months high after PM Rajoy lost confidence vote

Sep 01, 2016 09:58 am UTC| Commentary

The Spanish government bonds yields touched three months high Thursday after the Prime Minister Mariano Rajoy lost a confidence vote late on Wednesday. This has increased the possibilities of a third election in 2016. The...

German bunds slump as global bond markets retreat previous gains

Sep 01, 2016 09:37 am UTC| Commentary

The German bunds traded significantly lower Thursday as global bond markets retreated from previous gains. Also, firm equities drove-out investors from safe-haven buying. The yield on the benchmark 10-year bond, which...

South Korea’s current account surplus hits three-month low in July

Sep 01, 2016 09:18 am UTC| Commentary

South Koreas current account surplus fell to a three-month low in July, partly owing to sluggish exports. South Korea posted a current account surplus of $8.71 billion in July, down from the downwardly revised USD12.06...

Russia’s manufacturing PMI returns to growth territory in August

Sep 01, 2016 09:11 am UTC| Commentary

Russias headline PMI for August hints at a somewhat upturn in the nations manufacturing sector. The survey data showed a marginal rebound in manufacturing operating conditions, improving after hinting at a slowdown in...

Currency War Series

BoJ Monetary Policy: Trapped without exit

Sep 01, 2016 09:08 am UTC| Commentary Economy Central Banks

The central bankers around the developed world have been trying since the great recession of 2008/09, in order to revive their respective economies and fulfill their statutory mandates which are to maintain price...

Indian bonds trade mixed ahead of gilts auction; weak Q2 GDP supports short-term debt

Sep 01, 2016 09:04 am UTC| Commentary

The Indian bonds traded mixed Thursday ahead of the benchmark 10-year gilts auction, which is scheduled to be held on Friday. Also, weakness in the second quarter gross domestic product (GDP) growth pushed bond prices on...

South Korean exports rebound first time in 20 months, generate hopes of a gradual recovery

Sep 01, 2016 08:44 am UTC| Commentary

Exports in South Korea rebounded for the first time in 20 months during August, generating a ray of hope that the turnaround may call for a gradual recovery in an economy that is highly dependent on foreign trade. 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...