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Thu, Apr 09, 2026 05:27 AM All times are UTC

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Mexican GDP growth accelerates in Q1, domestic consumption seen as the main driver

May 02, 2016 15:42 pm UTC| Commentary

According to preliminary estimates, the Mexican economy grew a stronger-than-expected 0.8 percent in Q1 2016 and 2.7% from the year-earlier quarter. Mexicos economy expanded more than analysts forecast for the third time...

Czech manufacturing growth continues to lose momentum, falls for the third straight month in April

May 02, 2016 14:35 pm UTC| Commentary

According to data released by Markit, Czech manufacturing PMI fell for the third straight month from 54.3 in March to 53.6 in April. The PMI was at its lowest level since December 2014 and showed that Czech manufacturing...

Eurozone manufacturing PMI ticks higher for a second successive month

May 02, 2016 13:58 pm UTC| Commentary

Markit released its April manufacturing PMI for the euro zone. Data showed that final Markit Eurozone Manufacturing PMI ticked higher for a second successive month, posting three-month high of 51.7. This was above Marchs...

Australia's Business confidence and conditions dip in April, but remain solid

May 02, 2016 13:31 pm UTC| Commentary

Data released early on Monday showed that Australias Business conditions eased in April to +9.2 from a reading of +11.8 in the previous month. The same is true for business confidence which came in at +5.1. slightly lower...

Commodities snapshot (precious & industrial)

May 02, 2016 13:21 pm UTC| Commentary

Metal pack is up today. Performance this week at a glance in chart table - Gold Gold is up on weaker Dollar, testing $1300 area. Todays range $1290-1304 Gold is currently trading at $1296/troy ounce....

Currency snapshot (major pairs)

May 02, 2016 12:52 pm UTC| Commentary

Dollar index trading at 92.76 (-0.28%) Strength meter (today so far) Euro +0.44%, Franc +0.18%, Yen -0.23%, GBP +0.52% Strength meter (since last week) Euro +0.44%, Franc +0.18%, Yen -0.23%, GBP +0.52% EUR/USD...

U.S. Treasury flat ahead of manufacturing PMI

May 02, 2016 12:52 pm UTC| Commentary

The U.S. sovereign bonds were trading nearly flat on Monday ahead of manufacturing PMI data. Also, investors keep a close eye on Federal Reserves President Williamss speech in an attempt to estimate the Feds likely next...

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Economy

Asian Markets Retreat as Gulf Crisis Fuels Oil Surge and Inflation Fears

The fragile ceasefire in the Gulf showed fresh signs of collapse on Thursday, rattling Asian share markets and sending oil prices sharply higher as investors confronted the reality of a prolonged inflationary shock to the...

Gulf Ceasefire Cracks Rattle Asian Markets and Push Oil Prices Higher

Optimism in Asian financial markets faded quickly on Thursday as early signs of instability in the Gulf ceasefire sent oil prices climbing again, reinforcing fears of a prolonged inflationary impact on the global economy....

Dollar Stabilizes Amid Fragile US-Iran Ceasefire as Markets Watch Hormuz Strait

The U.S. dollar edged higher in early Thursday trading after suffering broad losses, as investors cautiously monitored the durability of a two-week ceasefire between the United States and Iran. The dollar index climbed a...

Gold Prices Dip Amid Middle East Uncertainty and Inflation Fears

Gold prices edged lower during Asian trading on Thursday, retreating after modest gains in the previous session as investors continued monitoring escalating Middle East tensions threatening a fragile ceasefire between the...

Oil Prices Rebound as Hormuz Disruptions and Middle East Tensions Rattle Markets

Oil prices recovered Thursday following their sharpest single-day decline since April 2020, as ongoing disruptions in the Strait of Hormuz and escalating Middle East tensions renewed fears over global crude supply. By...

Politics

U.S. Pushes for Crypto Regulation to Keep Digital Asset Growth at Home

Treasury Secretary Scott Bessent is calling on Congress to pass landmark federal cryptocurrency legislation, warning that regulatory uncertainty is pushing blockchain innovation and investment out of the United States. In...

North Korea Tests Advanced Cluster Bombs, Electromagnetic Weapons in Latest Military Display

North Korea has conducted a series of weapons tests this week, showcasing cutting-edge military technology including cluster-bomb warheads, electromagnetic weapons, and carbon-fibre bombs, according to state media outlet...

Trump Pardon Clears Juan Orlando Hernández as U.S. Court Dismisses Drug Conviction Appeal

A U.S. federal appeals court has dismissed the case against former Honduran President Juan Orlando Hernández, vacating his prior conviction following a presidential pardon granted by Donald Trump in December. The...

Taiwan Defense Budget: U.S. Senator Urges Legislature to Pass Spending Plan

Republican Senator Jim Banks visited Taipei and delivered a direct message to Taiwans President Lai Ching-te: the islands parliament must stop stalling and approve a proposed special defense budget. Banks, a member of the...

Haiti Election 2025: Voter Registration Delayed Amid Ongoing Security Crisis

Haitis Provisional Electoral Council (CEP) has officially announced the postponement of a voter registration drive that was originally set to begin on April 1. The council stated that updated registration dates would be...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...

Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

A federal appeals court in Washington, D.C., has refused to halt the Pentagons national security blacklisting of AI company Anthropic, delivering a temporary win for the Trump administration. The ruling comes as another...

U.S. Disrupts Russian Military Hackers' Global DNS Hijacking Network

The U.S. Justice Department has successfully executed a court-authorized operation to dismantle a DNS hijacking network tied to Russian military intelligence. The network was run by GRU Military Unit 26165, a cyber unit...

Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand

Samsung Electronics delivered a stunning financial turnaround in the first quarter of 2025, projecting operating profit of approximately 57.2 trillion won (roughly $38 billion) a more than eightfold increase compared to...

China's Push to Steal Taiwan's Chip Technology and Talent Raises Security Alarms

Taiwans National Security Bureau has raised serious concerns about Beijings escalating efforts to infiltrate the islands world-class semiconductor industry. According to a report submitted to Taiwanese lawmakers, China is...