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Thu, Oct 08, 2026 03:02 AM All times are UTC

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Japan Caixin services PMI rebounds in May on mild increase in new orders

Jun 03, 2016 05:59 am UTC| Commentary

Japan Caixin services purchasing managers index rebounded in May due to a modest rise in new orders as the leap year added to an extra day of consumption, boosting prospects of production. The Markit/Nikkei Japan...

Danish central bank sells DKK in FX intervention in May; likely to keep interest rate on certificates of deposit unchanged

Jun 03, 2016 05:50 am UTC| Commentary

The Danmarks Nationalbank (DN) has intervened in the FX market again in May in an attempt to keep the Danish krone from strengthening too much against the euro. The Danish central bank published its May FX reserve and...

ECB unveils further details on corporate bond purchases

Jun 03, 2016 05:44 am UTC| Commentary Central Banks

European Central Bank (ECB) president Mario Draghi, speaking at monetary policy press conference, provided more details on its corporate bond purchases, which began officially this month. First and foremost, ECB assured...

US private sector hiring remains on strong path

Jun 03, 2016 05:40 am UTC| Commentary

The May ADP employment report indicated that private payroll in the US rose 173,000, on par with consensus projections and a slight increase from Aprils revised figure of 166,000. Mays report suggests that hiring in...

Australian bonds rally as investors wary ahead of US employment report, weak Chinese PMI

Jun 03, 2016 05:31 am UTC| Commentary

The Australian government bonds rallied on Friday as investors were cautious ahead of US payroll report. Also, traders shifted to safe-haven buying after Chinas May Caixin services PMI eased to three-month low. The yield...

China May Caixin services PMI falls to 3-month low on lack of business optimism

Jun 03, 2016 05:11 am UTC| Commentary

Chinas Caixin services purchasing managers index fell to three-month low in May on lack of business optimism amid slowdown in production capacities amid marginal rise in job creation. China Caixin services PMI fell to...

Asian markets turn positive, gold hovers around $1,212 ahead of NFP job results

Jun 03, 2016 04:53 am UTC| Commentary

All the major Asian indices are trading on a flat to positive note on Friday ahead of the big event for the day that is NFP job data. Gold is trading in a range bound directions from $1205 to $1217 marks. On the other...

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Economy

US Treasury Yields Ease After Strong 10-Year Auction as Global Bonds Struggle

U.S. Treasury yields finished moderately higher Wednesday but retreated sharply from session peaks after a strong 10-year note auction boosted demand for government debt, while European bond markets faced heavier selling...

Gold Prices Rise as Hormuz Tensions Fuel Inflation Risks

Gold prices moved higher on Thursday, recovering from their lowest level since early August as renewed tensions around the Strait of Hormuz increased concerns over energy supplies and inflation. Expectations that the...

Oil Prices Rise as Gulf Hurricane and Middle East Supply Risks Mount

Oil prices climbed on Thursday as traders assessed potential supply disruptions from a strengthening storm along the U.S. Gulf Coast and persistent geopolitical tensions in the Middle East. Brent crude futures for December...

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....

Politics

US Pressures Allies to Distance From Anti-Disinformation Conference

The US State Department urged Canada and European allies to distance themselves from an anti-disinformation conference after organizers included a panel examining whether the United States poses an information manipulation...

Hegseth Praises USS Abraham Lincoln Crew After Record Iran War Deployment

US Defense Secretary Pete Hegseth praised sailors aboard the USS Abraham Lincoln on Wednesday as the aircraft carrier completed an extended wartime deployment marked by intense combat operations and concerns over crew...

Tsai Warns of China’s Sustained Pressure on Taiwan

Former Taiwan President Tsai Ing-wen warned a U.S. audience on Wednesday that China is maintaining sustained pressure on Taiwan through military, cyber and economic activities designed to reshape the islands security...

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...

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

Solidigm Taps Goldman, Morgan Stanley for $10 Billion US IPO

SK hynixs U.S. flash-memory subsidiary Solidigm has reportedly selected Goldman Sachs and Morgan Stanley as lead underwriters for a planned initial public offering that could raise around $10 billion. Bloomberg News...

Samsung Q3 Profit Hits Record High on AI Memory Demand

Samsung Electronics forecast its strongest-ever third-quarter operating profit as booming artificial intelligence demand continued to fuel sales of advanced memory chips, although earnings landed slightly below the higher...

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....