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Wed, Oct 07, 2026 03:02 PM All times are UTC

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Euro area inflation returns to positive territory in June

Jun 30, 2016 11:01 am UTC| Commentary Economy

Euro area inflation came in positive in June, according to the flash estimate from Eurostat. Inflation in the currency bloc accelerated to 0.1 percent year-on-year. Meanwhile, the core rate accelerated to 0.9 percent...

UK gilts plunge as FTSE 100 hits two months high

Jun 30, 2016 10:53 am UTC| Commentary

The UK gilts plunged on Thursday as the FTSE 100 has surged to highest level since April 21 today as investors hope Mark Carneys speech will calm Brexit fears. The Bank of England Governor Mark Carney will speak on...

UK Q1 GDP growth unrevised at 0.4 pct

Jun 30, 2016 10:26 am UTC| Commentary Economy

The Office for National Statistics released the third estimate of the UKs first quarter GDP that shows the economy expanded 0.4 percent q/q, unrevised from its previous estimate. This is consistent with consensus...

Eurozone bonds trade lower as equities stay firm

Jun 30, 2016 10:19 am UTC| Commentary

The Eurozone government bonds slumped on Thursday as major stocks retained most of the previous sessions big gains. The benchmark German 10-year bonds yield, which moves inversely to its price rose 3 basis points to -0.098...

Chart of the Day Series

Chart of the Day: Yo-Yo Yuan

Jun 30, 2016 09:43 am UTC| Commentary

Fragility in the Yuan exchange rate has been quite a visible one post-British referendum. Yuan has weakened to 6.66 per Dollar but a rumor today morning that Peoples Bank of China (PBoC) will tolerate greater weakness in...

German unemployment continues to decline, shrugs off Brexit risk

Jun 30, 2016 09:40 am UTC| Commentary

Unemployment in Germany continued to decline in June, indicating a robust economic growth of the nation, just before Britons surprisingly voted to leave membership of the European Union. The number of people out of work...

French economy likely to slow in 2017-2018; uncertainty to affect hiring decisions

Jun 30, 2016 09:35 am UTC| Commentary Economy

Since 2013, the French economy has underperformed the euro area. This year represents an end to the underperformance. It will be the first time that the jobless rate has declined since 2010. But the French economy would...

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Economy

RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks

The Reserve Bank of India raised its benchmark repo rate by 25 basis points to 5.50% on Wednesday, delivering its first interest rate hike since February 2023 as policymakers respond to rising inflation risks and...

European Stocks Fall as Oil Rises Ahead of Fed Minutes

European shares moved lower on Wednesday as investors took profits following recent gains, with rising crude oil prices and caution ahead of the Federal Reserves meeting minutes weighing on market sentiment. The...

US Stock Futures Flat as Fed Minutes, Earnings Loom

U.S. stock futures were largely unchanged in Asian trading Wednesday after the SP 500 and Nasdaq Composite reached record closing highs, with investors awaiting Federal Reserve meeting minutes and the upcoming...

Asian Currencies Mixed as Yen Weakens, Dollar Holds Firm

Asian currencies traded mixed on Wednesday as the U.S. dollar remained near recent highs, while the Japanese yen weakened toward 158 per dollar amid uncertainty over the Bank of Japans policy outlook and renewed concerns...

Gold Prices Fall as Stronger Dollar Weighs on Bullion

Gold prices fell on Wednesday as a stronger U.S. dollar pressured bullion, while improving Middle East oil supplies and easing Treasury yields reduced expectations for further aggressive Federal Reserve interest rate...

Politics

JD Vance Says Iran Must Cut Nuclear Enrichment to End War

U.S. Vice President JD Vance said Iran must significantly reduce its nuclear enrichment capacity to meet Washingtons conditions for ending the seven-month war, putting Tehrans nuclear program at the center of efforts to...

Houthis Strike Aden Airport as Yemen Fighting Escalates

Houthi forces launched ballistic missiles and explosive drones at Aden International Airport early Wednesday as fighting intensified between the Iran-aligned group and Yemens Saudi-backed government. Yemens Transport...

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...

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

Intel Reaffirms Role in Elon Musk’s Terafab Chip Project

Intel will continue working with Elon Musk on the ambitious Terafab semiconductor project, CEO Lip-Bu Tan said, reaffirming the U.S. chipmakers role despite speculation that Taiwan Semiconductor Manufacturing Co. (TSMC)...

LG Electronics Shares Slide as Q3 Profit Misses Estimates

LG Electronics shares dropped sharply on Wednesday after the South Korean technology giant reported preliminary third-quarter operating profit that fell short of market expectations, despite delivering solid year-on-year...

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...