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Thu, Oct 08, 2026 04:43 AM All times are UTC

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NZ residential building consents rise on jump in new housing intentions

May 31, 2016 05:37 am UTC| Commentary

New Zealands residential building consents rose in April following wide jump in new housing intentions that climbed their steepest phase in almost eight years. April residential building consents rose 6.6 percent, while...

Australia’s current account balance improves in Q1 on narrowed trade deficit

May 31, 2016 05:37 am UTC| Commentary

In the first quarter of 2015, the current account deficit of Australia narrowed to 5% of the GDP, as compared with Q4 2015s upwardly revised deficit of 5.5%. Australias trade deficit narrowed to AUD 8.1 billion in Q1 2016...

Australia ANZ-Roy Morgan consumer confidence dip, remains above its long-run average

May 31, 2016 05:35 am UTC| Commentary

Australia ANZ-Roy Morgan consumer confidence fell in the week ending May 29, partially reversing the 3.6 percent rise in the previous four weeks, marking the first decline since mid-April. However, the consumer confidence...

Australian bonds slump on upbeat economic data, higher Q1 GDP expectations

May 31, 2016 05:28 am UTC| Commentary

The Australian bonds slumped Tuesday following encouraging economic data. Also, fixed income securities were less lucrative in the wake of better expectations of Q1 GDP, which further weighed on possibilities for a June...

New Zealand building permits rise in April, construction sector to continue supporting domestic economy

May 31, 2016 05:08 am UTC| Commentary

In April, the number of permits for residential dwelling in New Zealand jumped a seasonally adjusted 6.6% m/m, partially recovering from the previous months decline of 9.7% m/m. Lately, the pattern of building approvals...

Asian markets turn positive, gold back above $1210

May 31, 2016 04:01 am UTC| Commentary

Most Asian markets are trading on a higher note on Tuesday. Gold remains well supported above $1200 marks and trading around $1212 marks. On the other side, Japanese Yen gains in early hours on strong household spending,...

China PMI data (June 1) may put an end to two-months of expansion

May 30, 2016 15:37 pm UTC| Commentary

China official manufacturing PMI data will be released on June 1, along with the official services PMI. The Markit/Caixin factory PMI, a private and separate gauge of manufacturing activity, will also be released on June...

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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....