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Fri, Feb 06, 2026 04:13 AM All times are UTC

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Asian markets in red on the back of global uncertainties, Gold dips in early Asia

May 12, 2016 03:14 am UTC| Commentary

All the major Asian indices are trading on a lower note on Thursday morning on the back of global uncertainties as well as lower commodity prices. Gold fails to break key resistance at $1278 and hovers around $1270 marks....

Currency snapshot (major pairs)

May 11, 2016 14:25 pm UTC| Commentary

Dollar index trading at 93.9 (-0.39%) Strength meter (today so far) Euro +0.44%, Franc +0.39%, Yen +0.68%, GBP +0.01% Strength meter (since last week) Euro +0.20%, Franc +0.02%, Yen -1.27%, GBP +0.08% EUR/USD...

API reports deficit, while WTI awaits EIA report – calls updated

May 11, 2016 14:20 pm UTC| Commentary

WTI is down for second consecutive week. It is currently trading at $44.1/barrel. Key factors at play in Crude market Saudi Arabia replaced its two decades old oil minister Ali al-Naimi with Mr. Falih, chairman...

Currency snapshot (commodity pairs)

May 11, 2016 13:53 pm UTC| Commentary

Dollar index trading at 93.97 (-0.31%) Strength meter (today so far) Aussie +0.00%, Kiwi +0.09%, Loonie +0.24% Strength meter (since last week) Aussie +0.11%, Kiwi -0.38%, Loonie +0.45% AUD/USD Trading at...

Commodities snapshot (precious & industrial)

May 11, 2016 13:08 pm UTC| Commentary

Metal pack is up today. Performance this week at a glance in chart table - Gold Gold is up today after finding support around $1260 area. Todays range $1279-1264 Gold is currently trading at $1275/troy...

Commodities snapshot (energy)

May 11, 2016 12:59 pm UTC| Commentary

Energy pack is green in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is sharply higher today but intraday swings persist. Todays range $43.9-45 WTI is...

Mexico’s industrial output growth to be stronger in 2016

May 11, 2016 12:50 pm UTC| Commentary

In February, Mexicos industrial output grew at the most rapid pace in 14 months. This was due to manufacturing growth accelerating at the fastest rate in eight months, while the rate of mining contraction slowed....

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Economy

Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility

Global financial markets extended their losses for a third straight session on Friday as a deepening Wall Street selloff rattled investor confidence across equities, cryptocurrencies, and precious metals. Rising concerns...

Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility

The U.S. dollar held firm near a two-week high on Friday, positioning itself for its strongest weekly gain since November as global markets grappled with heightened risk aversion. A sharp selloff in equities, led by...

Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record

Vietnams trade surplus with the United States expanded sharply in January, rising nearly 30% year on year, as strong export growth outweighed the impact of higher US tariffs, according to official data released on Friday....

Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target

The Bank of Japan (BOJ) is under growing pressure to raise interest rates in a timely manner as underlying inflation approaches its long-standing 2% target, according to comments from board member Kazuyuki Masu. His...

Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals

Gold and silver prices declined sharply in early Asian trading on Friday, extending steep losses from the previous session as profit-taking, a stronger U.S. dollar, and easing geopolitical tensions continued to pressure...

Politics

TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans

U.S. President Donald Trump has launched a new website called TrumpRx, aimed at helping Americans lower their prescription drug costs by offering discounted prices for those who prefer to pay cash instead of using health...

Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies

A federal judge in Missouri on Thursday dismissed a lawsuit filed by the Republican-led state that accused Starbucks of using its diversity, equity, and inclusion (DEI) commitments as a pretext for unlawful discrimination...

Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions

U.S. President Donald Trump has given his complete and total endorsement to Japanese Prime Minister Sanae Takaichi ahead of Japans national election this Sunday, signaling strong U.S. backing at a critical moment for...

U.S. Announces Additional $6 Million in Humanitarian Aid to Cuba Amid Oil Sanctions and Fuel Shortages

The United States will provide an additional $6 million in humanitarian aid to Cuba, bringing the total U.S. assistance to $9 million since Hurricane Melissa struck the island in October, according to a senior State...

South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns

South Korea has reaffirmed its commitment to fulfilling key obligations under its trade deal with the United States, pushing back against concerns in Washington that Seoul is dragging its feet on implementation. According...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....

Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports

The U.S. government is prepared to allow Chinas ByteDance to purchase Nvidias advanced H200 AI chips, but negotiations remain stalled as Nvidia has not agreed to the proposed conditions governing their use. According to...

Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised

Sony Corp (TYO:6758) reported stronger-than-expected third-quarter earnings, driven by solid performance in its gaming, music, and image sensor businesses. The Japanese conglomerate also raised its full-year forecast,...