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Retail sales likely grew on annual basis in Mexico; consumption growth expected to slow in H2

Jul 25, 2016 08:49 am UTC| Commentary

Mexico is expected to have recorded a growth in retail sales in May on year-on-year basis. According to a Societe Generale research report, retail sales are likely to have grown 6.8 percent year-on-year in May. Last year,...

Briferendum Aftermath Series

Briferendum Aftermath Series: UK chancellor plays down PMI, stresses importance of positive EU response

Jul 25, 2016 08:21 am UTC| Commentary

United Kingdoms new chancellor of theexchequer, Philip Hammond, who has previously been the foreign Secretary stressed the importance of getting a positive response from the European Union partners over Britains...

US Election Series

US Election Series: Democratic convention rocked by fresh email scandal

Jul 25, 2016 07:57 am UTC| Commentary

Last week marked the end of Republican Partys national convention, which saw tumultuous protests on the first day, Melania Trumps speech controversy on the second, and Ted Cruzs non-endorsementof Donald Trump speech on the...

South Korean economic growth likely rebounded in Q2 on recovery in consumption, facility investment

Jul 25, 2016 07:26 am UTC| Commentary

South Korean economic growth is expected to have recovered in the second quarter in seasonally adjusted terms. According to a Societe Generale research report, the nations GDP growth is likely to have accelerated to 0.7...

Japanese bonds narrowly mixed in thin trade; focus on BoJ’s policy decision

Jul 25, 2016 07:16 am UTC| Commentary

The Japanese government bonds narrowly mixed on Monday, succumbing to thin trading activity during a relatively quiet session that saw little data of much significance. Also, investors are awaiting the Bank of Japans...

Latest Commitment of Traders positions (Equities and Bonds) as at July 19th, 2016

Jul 25, 2016 06:59 am UTC| Commentary

CFTC commitment of traders report was released on Friday (22nd July) and cover positions up to Tuesday (July 19th). COT report is not a complete presenter of entire market positions, however, it represents a good chunk of...

Singapore CPI eases for 20th straight month, likely to rise in coming months

Jul 25, 2016 06:57 am UTC| Commentary

Consumer prices in Singapore eased for the 20th straight month in a row during the month of June as prices of housing and road transport declined following government rebates on home prices that cut housing...

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Economy

Japan Real Wages Rise 1.5%, Supporting BOJ Rate Hikes

Japans inflation-adjusted wages increased for an eighth consecutive month in August, signaling continued improvement in household purchasing power and strengthening expectations that the Bank of Japan could pursue further...

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...

Politics

Rapidus Seeks Chip Customers as Japan Pushes 2nm Semiconductor Revival

Japans Rapidus is expanding partnerships with global chip design companies as the state-backed semiconductor manufacturer races to secure customers for its planned 2-nanometre production facility. Backed by roughly $15...

Vance Demands Iran Cut Nuclear Enrichment to End War

US Vice President JD Vance said Iran must significantly reduce its nuclear enrichment capacity before Washington will agree to end the seven-month US-Iran war, stressing that concrete action rather than diplomatic...

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...

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

SpaceX Seeks $40 Billion for Nvidia AI Chips

SpaceX is seeking to raise about $40 billion to finance a major purchase of Nvidia artificial intelligence chips, with Apollo Global Management expected to lead the fundraising effort, the Financial Times reported Tuesday....

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...
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