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Wed, Oct 07, 2026 10:52 PM All times are UTC

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Bundesbank chief Weidmann warns on risk-premia reversal

Jun 10, 2016 12:16 pm UTC| Commentary

Speaking at Bundesbanks spring conference, president Jens Weidmann warned that the market is at risk of reversal in risk-premia that can turn when future expectations of interest rate expectations shift. He said the...

RBI likely to cut rates by another 25 to 75 bps by year end

Jun 10, 2016 12:04 pm UTC| Commentary

Inflation has sharply decelerated in India since the Reserve Bank of Indias (RBI)Governor Raghuram Rajan took over in September 2013. Slowdown was witnessed in both the inflation gauges of CPI and WPI. The oldest...

Russian bonds rally as Bank of Russia cuts interest rate to 10.5 pct

Jun 10, 2016 11:59 am UTC| Commentary

The Russian government bonds rallied on Friday after Bank of Russia lowered its key policy rate by 50 basis points for the first time in nearly a year. The benchmark 10-year bonds yield, which moves inversely to its price...

Bank of Russia cuts interest rate in wake of steady inflation

Jun 10, 2016 11:47 am UTC| Commentary

The Bank of Russia cut its key interest rate in its monetary policy meeting held on Friday, citing steady ongoing inflation as the bedrock cause for the move. The central bank slashed the policy rate by 0.5 percentage...

Briferendum Series

Briferendum Series: Schäuble warns referendum contagion

Jun 10, 2016 11:36 am UTC| Commentary

German finance minister Wolfgang Schuble has warned about the contagion effects of British referendum in Europe. He has been among the vocal opponents of Brexit and previously warned that Britain will not get a great trade...

French industrial production grows in May; sector likely to see moderate growth in Q2

Jun 10, 2016 11:04 am UTC| Commentary

National Institute of Statistics and Economic Studies (INSEE) released Frances industrial production data on Friday for the month of April where manufacturing output grew 1.3 percenton a sequential basis. This was the...

UK gilts likely to touch 1.20 pct mark as Brexit fear looms closer

Jun 10, 2016 11:04 am UTC| Commentary

The UK gilts continue to hover at record low Friday, after testing its all-time low of 1.23 percent from February on Thursday and it is likely to come down to 1.20 percent in light of looming Brexit risk. In Europe and...

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Economy

US-Led Coalition Targets Global Factory Overcapacity

Trade ministers from 12 G20 nations, the European Union and Poland have backed a US-led initiative aimed at tackling structural excess factory capacity and trade-distorting policies that contribute to global...

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...

Politics

Trump Backs Florida Golf Course as Presidential Retreat

US President Donald Trump on Wednesday endorsed a proposal to transform part of his West Palm Beach, Florida, golf course into a secure presidential retreat similar to Camp David. Its a great idea, and it will be used a...

Saudi Airport Attacks Kill Three as Yemen Fighting Escalates

Three people were killed and dozens wounded in attacks on airports in Saudi Arabia as escalating fighting between Yemens Iran-aligned Houthis and Saudi-backed government forces threatens regional aviation and key shipping...

Maduro, Wife May Face New US Torture Charges

Ousted Venezuelan President Nicolas Maduro and his wife, Cilia Flores, could face additional criminal charges in the United States over allegations involving the torture of Americans detained in Venezuela, according to a...

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...

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

Broadcom, Oracle and SpaceX Seek Billions in Private Debt for AI Expansion

Major artificial intelligence companies are increasingly turning to private debt markets to finance tens of billions of dollars in AI chips and data center infrastructure, as traditional funding sources struggle to keep...

TikTok Accused of Testing Fake Safety Tools on Users

TikTok allegedly gave thousands of users, including children and teenagers, non-functional versions of safety features as part of experiments on its platform, according to newly unsealed claims in a New York lawsuit. New...

Micron Shares Rise 4% Despite Taiwan Strike Risk

Micron Technology shares reversed early losses on Wednesday, climbing nearly 4% as investors appeared to shrug off concerns about a potential worker strike at one of the chipmakers major manufacturing operations in Taiwan....

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...