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Sat, Apr 11, 2026 01:44 AM All times are UTC

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Singapore headline inflation likely to decline in 2016, to rise in 2017

Jun 29, 2016 07:00 am UTC| Commentary

Singapores headline inflation is likely to decline in 2016, deeper than previously estimated. However, consumer prices are likely to rise and average in 2017, higher than the last estimates, DBS reported. Headline CPI...

New Zealand bonds close higher as expectations of further rate cut loom

Jun 29, 2016 06:42 am UTC| Commentary

The New Zealand government bonds closed modestly higher Wednesday as investors are expecting a rate cut from the Reserve Bank of New Zealand (RBNZ) in the coming months if things worsen significantly due to ongoing Brexit...

Unemployment in Germany likely to have declined in June

Jun 29, 2016 06:27 am UTC| Commentary Economy

Unemployment in Germany is likely to have dropped in June. According to a Societe Generale research note, unemployment is expected to have fallen by 8,000, with the rate likely to have stayed steady at 6.1 percent....

South Korea retail sales decline in May steeper than expectations

Jun 29, 2016 06:19 am UTC| Commentary

Retail sales in South Korea declined for the month of May, remaining less than what the market had initially expected, backing the policymakers concerns over consumption softening in Asias fourth-largest economy. Sales...

US consumer confidence rebounds in June, but raises concern about job market

Jun 29, 2016 06:04 am UTC| Commentary Economy

The USConference Board Consumer Confidence Index rebounded in June after falling in May. The index for June came in at 98, up from Mays 92.4. Consumers seemed to have been riding high before the Brexit news shook the...

Indonesian bonds rally after Parliament approves tax amnesty bill

Jun 29, 2016 06:04 am UTC| Commentary

The Indonesian government bonds rallied Wednesday after Parliament approved a tax amnesty and revised 2016 state budget. The yield on the benchmark 10-year bonds rose more than 6-1/2 basis points to 7.548 percent, yield on...

Briferendum Series: Corbyn digs his heels in despite losing confidence of 172 MPs

Jun 29, 2016 05:58 am UTC| Commentary

United Kingdoms Labour Party leader Jeremy Corbyn has refused to step down even after he lost a no-confidence vote, where only 40 members of the parliament (MPs) voted in favor and 172 voted against. In addition to that,...

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Economy

Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty

Most Asian currencies slipped slightly on Friday but remained on track to close the week in positive territory, as traders adopted a cautious stance ahead of the U.S. March Consumer Price Index (CPI) release and monitored...

U.S. Inflation Surges in March as Iran War and Tariffs Drive Prices Higher

Marchs Consumer Price Index is expected to post its sharpest monthly increase in nearly four years, driven by skyrocketing oil prices tied to the U.S.-Iran conflict and the ongoing ripple effects of import tariffs. The...

Asian Stocks Rally on Ceasefire Hopes and Bargain Buying

Asian equity markets climbed higher on Friday, driven by cautious optimism surrounding ceasefire negotiations between Iran and the United States. Regional benchmarks were also on track to close out the week with strong...

White House Warns Staff Over Insider Trading Amid Suspicious Oil Market Bets

The White House issued an internal warning to staff on March 24, cautioning employees against exploiting their government positions to gain an unfair advantage in financial futures markets. The directive came just one day...

U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

U.S. stock index futures edged slightly lower Thursday evening as investors exercised caution ahead of high-stakes ceasefire negotiations between Washington and Tehran, while bracing for a closely watched inflation report....

Politics

JD Vance Heads to Islamabad for High-Stakes U.S.-Iran Peace Talks

JD Vance is set to lead U.S. diplomatic negotiations with Iranian officials in Islamabad on Saturday, marking the first direct talks between the two nations since the war erupted on February 28. His involvement comes after...

Global Elections 2026: What Investors and Markets Are Watching

Political uncertainty is sweeping the globe in 2026, with a series of high-stakes elections poised to reshape economic policies and rattle financial markets. From Eastern Europe to South America, investors are keeping a...

Xi Jinping and KMT's Cheng Li-wun Meet in Beijing Amid Cross-Strait Tensions

Chinese President Xi Jinping met with Kuomintang (KMT) Chairwoman Cheng Li-wun in Beijing on Friday, emphasizing that people on both sides of the Taiwan Strait share a common Chinese identity and that the future of...

Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict

Airline pilots expressing safety concerns about flying through Middle Eastern airspace are reportedly facing threats of lost wages or termination if they decline assignments, according to Ron Hay, president of the...

Iran Denies Negotiating Team Traveled to Pakistan for U.S. Talks Amid Ceasefire Uncertainty

Iran has firmly rejected reports suggesting that a diplomatic delegation traveled to Islamabad to engage in negotiations with the United States, calling the claims entirely false. The denial was issued through state-linked...

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 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...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...