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Tue, Oct 06, 2026 11:42 PM All times are UTC

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RBNZ cuts OCR to 2 pct, hints at another cut later

Aug 11, 2016 06:39 am UTC| Commentary Central Banks

The Reserve Bank of New Zealand,during its monetary review meeting on Thursday, lowered its key interest rate to a new record low, in line with consensus expectations. The central bank cut its Official Cash Rate to 2...

Oil in Global Economy Series

Oil fails to find refuge in looming OPEC meeting as kingdom produces more

Aug 11, 2016 06:38 am UTC| Commentary

Global crude oil benchmark, West Texas Intermediate (WTI) and North Sea Brent both failed to maintain their gains made after the OPEC meeting announcement, amid ahigh level of inventories and higher production. On Monday,...

Bank of Korea leaves base rate unchanged at 1.25 pct

Aug 11, 2016 06:36 am UTC| Commentary Central Banks

The Bank of Korea, South Koreas central bank, today left the key policy rate unchanged at its record low level during its meeting, consistent with consensus expectations. The Monetary Policy Board of the central bank kept...

NZ 10-year bond yields fall after RBNZ lowers interest rate and hints at further easing

Aug 11, 2016 06:16 am UTC| Commentary

The New Zealand 10-year bond yields fell Thursday after the Reserve bank of New Zealand slashed its official cash rate to a new record low of 2.00 percent in wake of depressing headline inflation and subdued economic...

US job openings rise to 5.62 million in June; labor market outlook modestly positive

Aug 11, 2016 05:35 am UTC| Commentary Economy

The US Jobs Openings and Labor Turnover Survey (JOLTS) report for the month of June indicates that job openings rose to a record high at the end of the second quarter, whereas hires steadied following a drop for three...

Australian bonds gain on lower inflation expectations, RBA rate cuts on the cards

Aug 11, 2016 05:28 am UTC| Commentary

The Australian government bonds gained Thursday after data showed that Melbourne Institutes (MI) inflation expectations weakened in August, while justifying the Reserve bank of Australias last week policy decision. The...

Japan tertiary activity index rebounds in June, stays above market consensus

Aug 11, 2016 05:24 am UTC| Commentary

Japans tertiary activity index rebounded during the month of June, staying well above what markets had earlier expected, after falling during the month of May, government data showed. Japans tertiary activity index rose...

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Economy

Iran Tanker Attacks Surge as Hormuz Oil Flows Near Prewar Levels

Iran has intensified attacks on tankers in the Strait of Hormuz even as oil shipments through the crucial waterway recover toward levels seen before the war, raising fresh concerns over Middle East energy security. UK...

Oil Prices Rise as Hormuz Attacks Fuel Supply Fears

Oil prices reversed earlier losses on Tuesday as escalating security risks in the Strait of Hormuz and Yemen outweighed improving Middle East crude exports and plans by Group of Seven nations to release emergency reserves....

S&P 500 Hits Record High as AI Rally Lifts Wall Street

Wall Street advanced on Tuesday, pushing the SP 500 and Nasdaq Composite to record closing highs as enthusiasm over artificial intelligence, easing Treasury yields and relatively subdued oil prices supported investor...

Gold Prices Rise as Dollar Weakens, Treasury Yields Ease

Gold prices edged higher on Tuesday as a weaker U.S. dollar and easing Treasury yields provided support, although rising oil prices limited bullions advance. Spot gold climbed 0.6% to settle at $4,163.97 per ounce, while...

Dollar Retreats From 18-Month High as Euro Rebounds

The U.S. dollar weakened on Tuesday, retreating from near an 18-month high as the euro recovered and a recent selloff in U.S. Treasury bonds eased. The U.S. dollar index, which measures the greenback against six major...

Politics

North Korea Slams US Taiwan Arms Sales, Reaffirms Russia Support

North Korea has criticized the United States for supplying weapons and military support to Taiwan, accusing Washington of increasing tensions across the Taiwan Strait as Pyongyang also reaffirmed its backing for Russia. In...

Zelenskiy Warns Russia Is Preparing Massive Attack on Ukraine

Ukrainian President Volodymyr Zelenskiy warned on Tuesday that Russia is preparing a potentially massive attack on Ukraine, citing the latest intelligence gathered by Ukrainian authorities. In his nightly video address,...

Lula Weighs Alckmin as Finance Minister to Boost Fiscal Credibility

Brazilian President Luiz Inacio Lula da Silva is considering appointing Vice President Geraldo Alckmin as finance minister if he wins re-election, a move aimed at strengthening his fiscal credentials ahead of Brazils...

Trump Envoy Meets Sudan Army Chief in Egypt

A senior envoy for U.S. President Donald Trump attended an event in Egypt alongside Sudanese army chief Abdel Fattah al-Burhan as Washington continues efforts to find a political solution to Sudans devastating civil war....

France Student Protests Intensify Nationwide

France faced widespread high-school blockades and union-backed demonstrations on Tuesday as students stepped up pressure on President Emmanuel Macrons government over teacher shortages, deteriorating school buildings and...

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

JPMorgan CEO Jamie Dimon Warns Mythos AI Raises Cyber Risk Tenfold

JPMorgan Chase CEO Jamie Dimon has warned that advanced artificial intelligence systems are dramatically increasing cybersecurity risks for global banks, calling cyberattacks the financial giants biggest threat. Speaking...

Anthropic Expands Claude Access for Cyber Defense Teams

Anthropic has expanded access to its most advanced artificial intelligence models for verified cybersecurity professionals and select government partners, aiming to strengthen defenses against threats targeting critical...

Marvell Stock Surges on $90 Billion AI Revenue Outlook

Marvell Technology shares surged on Tuesday after the semiconductor company unveiled ambitious long-term financial targets driven by rapidly expanding demand for artificial intelligence and data center infrastructure....

Zcash Prepares for NU7 Upgrade as Zebra Gets Key Security Fixes

The Zcash network is moving closer to its NU7 upgrade following a series of Zebra releases focused on security, performance and network stability. According to an engineering update from the official Zcash Foundation X...

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...