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Mon, Dec 22, 2025 01:24 AM All times are UTC

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U.K Gilts slump as BOE paints hawkish picture despite Brexit risk

May 12, 2016 12:27 pm UTC| Commentary

The U.K Gilts continue to trade lower on Thursday as Bank of England (BOE) paints a hawkish picture by maintaining its stance that next move will be a hike in interest rates despite Brexit risk amid leaving the policy rate...

BoE keeps interest rate on hold, warns of sharp sterling depreciation if UK leaves EU

May 12, 2016 12:19 pm UTC| Commentary

The Bank of Englands Monetary Policy Committee (MPC) voted unanimously to keep the interest rate on hold at record low level of 0.5%, in line with expectations. The MPC also voted to keep the size of asset purchase...

Treasury auctions show investors embracing new high yield of the government universe

May 12, 2016 11:54 am UTC| Commentary

When anyone talks to you about high yield, what comes to you mind? Junk rated companies offering high coupon rates with even higher yield! Well, expand you high-yield universe. In government debt market, treasuries are...

New Zealand economy continues to face downside risks, RBNZ ready to lower rates to keep NZD weak

May 12, 2016 11:29 am UTC| Commentary

Significant risks on the downside are still faced by the New Zealand economy. Solid headwinds are caused on the global front by the heightened volatility in the financial markets and subdued outlook of Chinas economy. This...

Key highlights from IEA’s monthly oil market report

May 12, 2016 11:29 am UTC| Commentary

According to developed markets energy watchdog, International Energy Agency (IEA), sharper drop in supply outside OPEC, steady demand and unexpected outages are bringing the oil market closer to balance. IEA...

Only UK Inflation report is interesting part on Super Thursday

May 12, 2016 10:43 am UTC| Commentary Central Banks

BOE super Thursday is back. But today there is nothing super about it. Bank of England (BOE) will be maintaining the status quo, only interesting part will be the banks inflation projections ahead. As a matter of fact,...

Norges Bank maintains key rate at 0.5pct, may cut policy rate in course of 2016

May 12, 2016 10:21 am UTC| Commentary

The Norwegian central bank maintained its benchmark rates at 0.5%, on par with expectations. The Norges Bank did not introduce any new rate path but mentioned that it will continue with its Marchs report. According to the...

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Economy

Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike

Asian share markets moved higher at the start of the week, following strong tech-led gains on Wall Street, while the Japanese yen continued to weaken sharply against major currencies despite a significant interest rate...

China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries

Chinas sweeping reforms to its electricity market are rapidly transforming the economics of energy storage, driving a surge in both domestic deployment and global exports of battery technology. As international demand for...

Global Demand for Yuan Loans and Bonds Surges as China Pushes Currency Internationalization

Global investors and borrowers are increasingly turning to the Chinese yuan as lending and financing activity accelerates, driven by attractive pricing and Chinas long-term push to internationalize its currency....

Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand

Silver prices surged to a record high during early Asian trading on Monday, driven by escalating geopolitical tensions that boosted demand for safe-haven assets across global markets. Concerns over renewed hostilities...

Japan Signals Possible Yen Intervention as Currency Weakens Despite BOJ Rate Hike

Japans top currency officials have stepped up verbal warnings against sharp movements in the yen, raising market expectations of potential government intervention after the Japanese currency weakened following the Bank of...

Politics

Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift

Japan is approaching a pivotal moment in its post-Fukushima energy policy as the Niigata regional assembly is expected to endorse the restart of the Kashiwazaki-Kariwa nuclear power plant, the largest nuclear facility in...

Justice Department Restores Trump Photo in Epstein Files After Review Clears Image

The U.S. Department of Justice confirmed on Sunday that a photo involving President Donald Trump, which had briefly been removed from the cache of Jeffrey Epstein-related documents, was restored after an internal review...

U.S., Europe, Ukraine Hold Productive Florida Talks on Ending Russia-Ukraine War

Senior officials from the United States, Europe, and Ukraine concluded three days of high-level talks in Florida aimed at advancing efforts to end Russias war in Ukraine, with discussions centered on aligning positions and...

Najib Razak Awaits Court Rulings in 1MDB Case as Malaysia’s Anti-Graft Drive Faces Test

Malaysias former prime minister Najib Razak is set to learn on Monday whether he can serve the remainder of his jail sentence under house arrest, a decision that could have major political and legal implications for the...

Putin Aide Says European, Ukrainian Changes Fail to Improve Ukraine Peace Prospects

A senior aide to Russian President Vladimir Putin said on Sunday that proposed changes by European countries and Ukraine to U.S.-drafted plans for ending the war in Ukraine have not improved the chances of achieving...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...