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Thu, Oct 08, 2026 07:29 PM All times are UTC

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External factors to slightly weaken INR for rest of 2016

Apr 25, 2016 12:18 pm UTC| Commentary

In the past month, the INR appreciated against the USD mainly because of US dollars weakness and major appetite for INR assets. Since March 1, foreigners have purchased USD 4.8bn worth of Indian equities. However, this is...

Saudi Prince reveals first details of Aramco IPO

Apr 25, 2016 12:01 pm UTC| Commentary

Saudi Arabias new strongman, deputy crown Prince Mohammad bin Salman, known popularly as MbS has revealed some detail on the IPO listing of Saudi Aramco, Saudi Arabias state owned oil company and worlds largest...

Spain’s jobless rate likely dropped further in Q1, flash April headline inflation likely rebounded

Apr 25, 2016 11:59 am UTC| Commentary

Spains jobless rate is expected to have fallen further in the first quarter; however at a slower pace than the pace seen in earlier quarters, according to Societe Generale. Spains unemployment rate has declined sharply to...

U.K long-term bonds firm on weak Q1 GDP expectations

Apr 25, 2016 11:42 am UTC| Commentary

The British long-term bonds were trading modestly firmer on Monday as investors await first quarter Gross Domestic Product (GDP) figure and FOMC meeting. The yield on the benchmark 10-year bonds, which moves inversely to...

US personal income likely grew strongly in March

Apr 25, 2016 11:33 am UTC| Commentary

US personal income is likely to have grown quite strongly in March, according to TD Economics. It is expected to have expanded 0.4% m/m as the strong labor market activity and rental income carry on supporting the...

Migrant Crisis Series

Migrant Crisis Series: Rise of the Rights in Austria

Apr 25, 2016 11:26 am UTC| Commentary Politics

Once again migrant crisis sent shockwaves across Europes current political class as far right party, secured an unexpected big win. Far right freedom partys presidential candidate Norbert Hofer won more than 35% of the...

South Korea’s economic growth likely decelerated in Q1 on weak private consumption, facility investment

Apr 25, 2016 10:57 am UTC| Commentary

The South Korean economic growth is expected to have slowed in the first quarter of 2016, according to Societe Generale. The economy is likely to have grown 0.5% sa q/q in Q1 2016 as compared with 0.7% growth in Q4 2015....

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Economy

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....

Bangladesh GDP Growth Accelerates to 4.6% on Industrial Rebound

Bangladeshs economy recorded a sharp acceleration in growth during the April-June quarter, supported by a strong recovery in industrial activity and steady expansion in the services sector, even as agriculture lost...

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

Jameson Lopp Downplays AI Threat to Bitcoin Cryptography

Bitcoin developer and Casa co-founder Jameson Lopp has challenged growing concerns that artificial intelligence (AI) could soon break cryptocurrency encryption, arguing that the industry is focusing on hypothetical...

Tencent Shares Fall as $5 Billion AI Bond Sale Weighed

Tencent Holdings (HK:0700) shares declined on Thursday following reports that the Chinese technology giant is exploring a potential offshore bond offering worth up to $5 billion to support its growing artificial...

Elon Musk Accuses Indian Telecom Giants of Blocking Starlink Launch

Elon Musk has accused powerful telecommunications companies in India of obstructing SpaceXs Starlink satellite internet launch, raising concerns about competition and regulatory barriers in one of the worlds largest...

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...