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Thu, Oct 08, 2026 07:24 AM All times are UTC

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S. Korean bonds gain on weak growth outlook

May 24, 2016 05:43 am UTC| Commentary

The South Korean bonds gained on Tuesday as South Koreas government is expected to lower its 2016 growth forecast to below 3 percent. Meanwhile, the 10-year bonds yield, which is inversely propositional to bond price fell...

RBA governor emphasizes on inflation target, central bank likely to further ease policy

May 24, 2016 05:29 am UTC| Commentary

Reserve Bank of Australias Governor Glenn Stevens speech today was vital, with focus on inflation. Stevens repeated that the central bank continues to be quite committed to the inflation target of 2%-3%. He noted that this...

Guide to today’s important data and events

May 24, 2016 05:23 am UTC| Commentary

Not many economic dockets scheduled for today and all with low to medium volatility risks associated. Upcoming Germany - First quarter GDP data will be released at 6:00 GMT. Prior 1.3% y/y,...

China’s copper imports likely to moderate in coming year

May 24, 2016 05:05 am UTC| Commentary

Last month, Chinas copper imports declined throughout every import channel, following strong imports recorded in the first quarter. Scrap, refined and concentrate imports all declined on a month-on-month basis. In Q1 2016,...

Japanese bonds steady in subdued trade

May 24, 2016 05:01 am UTC| Commentary

The Japanese government bonds traded nearly flat on Tuesday, succumbing to thin trading activity during a relatively quiet session that saw little data of much significance. Moreover, future course in bond prices are...

Taiwan’s Apr industrial production shrink as overseas demand extends fall

May 24, 2016 04:57 am UTC| Commentary

Taiwans industrial production shrank deeper in April as overseas demand continued to fall, with sharp contraction in export orders. The contraction in Apples earnings, reflected in lesser iPhone sales led to the further...

US May Markit manufacturing PMI falls on decline in production

May 24, 2016 04:21 am UTC| Commentary

The United States Flash Markit manufacturing purchasing managers index fell once again in May as production declined for the first time since September 2009 amid slower expansion in new orders. New orders expanded at the...

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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....