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Wed, Oct 07, 2026 10:07 PM All times are UTC

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German 10Y bund hovers around zero ahead of Fed policy decision, Brexit risk persists

Jun 15, 2016 09:01 am UTC| Commentary

The German 10-year bund yield hovered around zero on Wednesday as investors awaited Fed policy decision and Fed Chair Yellens post-statement press conference. Meanwhile, the yield on the benchmark 10-year bonds, which...

Briferendum Series

Positive wage growth will be supportive for sterling as referendum closes in

Jun 15, 2016 07:39 am UTC| Commentary

Pound has been declining steadily after a failed attempt to break above 1.47 handle against Dollar in early June and as the referendum closes in and recent polls suggest that exit camp is securing a lead, thepound is...

US GDP likely to rebound on strong consumption growth in Q2 2016

Jun 15, 2016 07:33 am UTC| Commentary

Retail sales in the US increased 0.5 percent in May on sequential basis. Mays retail sales data came in better than projection. Economists had anticipated a weaker rise of 0.3 percent. The headline figure was mainly driven...

Retail sales surge in Singapore as demand for vehicles grows

Jun 15, 2016 07:28 am UTC| Commentary

Singapores retail sales for the month of April surged 3.8 percent, taking cues from a boost in vehicle sales for the same period. However, the figures missed market expectations of a 6.1 percent rise in...

Indonesia’s trade surplus narrows in May

Jun 15, 2016 07:24 am UTC| Commentary

Indonesia has released mixed data of its trade figures for the month of May. The countrys exports failed to rebound as projected, while imports recovered significantly above forecasts. Indonesias exports dropped 9.75...

Renminbi Series

PBoC fixes Yuan to weakest since January 2011

Jun 15, 2016 07:18 am UTC| Commentary Central Banks

In the wake of stronger Dollar, the Peoples Bank of China (PBoC) has fixed Yuan exchange rate to lowest since January 2011 that shows the vulnerability of Yuan against Dollar appreciation. Onshore Yuan that is allowed to...

Indian bonds steady in subdued trade, FOMC eyed

Jun 15, 2016 07:09 am UTC| Commentary

The Indian government bonds traded nearly flat on Wednesday as markets receive little data of great significance. Also, investors await Fed policy decision and Fed Chair Yellens post-statement press conference. The...

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Economy

Mike Rogers Calls for End to US-Canada Tariff War

Michigan Republican Senate candidate Mike Rogers is calling for an immediate end to the US-Canada tariff dispute, distancing himself from President Donald Trump on another major policy issue ahead of next months election....

Bangladesh GDP Growth Accelerates to 4.6% on Industrial Rebound

Bangladeshs economy recorded a sharp acceleration in growth during the April-June quarter, supported by a strong recovery in industrial activity and steady expansion in the services sector, even as agriculture lost...

France to Release 10 Million Barrels of Diesel to Ease Fuel Prices

France will release 10 million barrels of diesel from its strategic reserves as the government moves to ease tight fuel supplies and rising energy prices driven by the wars in Iran and Ukraine, Prime Minister Sebastien...

Oil Prices Rise as Hormuz Risks Offset IEA Stock Release

Oil prices climbed in volatile trading Wednesday as renewed Middle East supply concerns outweighed pressure from plans to accelerate releases from global emergency reserves. Brent crude futures for December rose 0.7% to...

Fed Minutes Signal Another Rate Hike by Year-End

Most Federal Reserve policymakers expect another U.S. interest rate hike before the end of 2026, according to minutes from the central banks September policy meeting released Wednesday. The Federal Open Market Committee...

Politics

Trump Weighs FBI Probe Into Nolan Wells’ Death

US President Donald Trump said Wednesday that his administration is considering asking the FBI to investigate the death of Nolan Wells, an 18-year-old Black man whose body was discovered on a Mississippi barrier island...

Saudi Arabia Probes Flydubai Cockpit Attack

Saudi Arabia has opened an aviation safety investigation into last weeks cockpit attack aboard a flydubai Boeing 737 MAX, while the United Arab Emirates conducts a separate criminal probe into the incident, according to...

US, Greece Launch New Counterterrorism Security Program

The United States and Greece are strengthening security cooperation with a new counterterrorism information-sharing program between their law enforcement agencies, US Secretary of State Marco Rubio announced Wednesday....

Trump Says He Deserves 2026 Nobel Peace Prize Despite Uncertain Chances

US President Donald Trump said Wednesday that he believes he deserves the 2026 Nobel Peace Prize, although he expressed uncertainty about whether the Norwegian Nobel Committee will select him when it announces this years...

US-Taiwan Ties Remain Strong as Taipei Urges Timely Arms Deliveries

Taiwans top representative in Washington said US-Taiwan relations remain strong following last months summit between US President Donald Trump and Chinese President Xi Jinping, while urging Washington to ensure timely...

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

San Francisco Halts New Data Center Construction With 45-Day Moratorium

San Francisco has imposed a 45-day moratorium on new data center construction as city officials consider tighter rules for facilities that support the rapidly expanding artificial intelligence industry. The San Francisco...

Florida Seeks Tougher Meta Rules to Protect Young Users

Florida is asking a state judge to impose stricter protections for young Instagram and Facebook users as it moves forward with its lawsuit against Meta Platforms, rejecting a broader settlement accepted by dozens of other...

DogecoinVM Makes DOGE Transactions 300x Faster

Fintech company Metallicus has launched an alpha version of DogecoinVM on mainnet, introducing a payment layer designed to make Dogecoin transactions significantly faster without altering the cryptocurrencys underlying...

Zcash Privacy Demand Rises as AI Exposes Bitcoin Transactions

Zcash is gaining renewed attention as artificial intelligence makes it easier to trace Bitcoin transactions and connect public wallet activity with real-world identities, strengthening demand for privacy-focused...

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)...