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Thu, Oct 08, 2026 01:23 AM All times are UTC

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Commodities snapshot (energy)

Jun 07, 2016 12:42 pm UTC| Commentary

Energy pack is mixed in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI hasbroken above $50 resistance. Todays range $49.4 -50.4 WTI is currently trading at...

US Treasuries steady on subdued trade

Jun 07, 2016 12:34 pm UTC| Commentary

The US Treasuries traded nearly flat on Tuesday as investors receive no more important data or events. Moreover, the future course in bond prices is likely to be ruled by the movements in the crude oil market, which jumped...

Currency snapshot (major pairs)

Jun 07, 2016 12:33 pm UTC| Commentary

Dollar index trading at 93.93 (-0.08%) Strength meter (today so far) Euro -0.15%, Franc +0.22%, Yen -0.20%, GBP +0.85% Strength meter (since last week) Euro -0.16%, Franc +0.61%, Yen -1.11%, GBP +0.54% EUR/USD...

Spain's industrial production stays flat as capital goods rise, consumer durables fall

Jun 07, 2016 12:16 pm UTC| Commentary

Spains April industrial production remained flat as production of capital goods rose amid decline in consumer durables after increasing robustly in March, data released Tuesday showed. Industrial production remained...

Latest polls provide support to pound after stops taken out by fat finger

Jun 07, 2016 12:10 pm UTC| Commentary

ThePound is the main attraction in the FX world today, as it creeps higher against most counterparts and especially against Euro. ThePound is currently trading at 1.457 against Dollar, up 0.8% so far today. It is up 0.9%...

Fiscal policy likely to remain expansionary in South Korea to offset economic slowdown

Jun 07, 2016 11:58 am UTC| Commentary

In the first quarter, the South Korean economic growth slowed to 2.8% on a year-on-year basis from Q4 2015s 3.1% growth. Meanwhile, on a seasonally adjusted basis, the economy grew 0.5% in Q1, as compared with Q4 2015s...

German industrial output recovers on pick-up in investment

Jun 07, 2016 11:56 am UTC| Commentary

German industrial output recovered in April on pick up in investment in the Eurozones largest economy, unveiling signs that the economy is on a growth path despite an atmosphere of pessimism over the possible course of...

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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...