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Thu, Oct 08, 2026 08:17 PM All times are UTC

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Victoria, Australia raises stamp duty for foreign home buyers

Apr 22, 2016 06:54 am UTC| Commentary

Victorian treasurer Tim Pallas announced that in next weeks budget his government will increase stamp duty for home purchase by foreign buyers from 3% to 7% and he expects the benefit would amount to $500 million over next...

Euro area growth strengthening gradually, to expand further on impact of recent stimulus measures

Apr 22, 2016 06:34 am UTC| Commentary

Yesterday, the ECB kept its rates unchanged on marginal lending at 0.25%, main refinancing operations at 0% and deposit facilities at -0.4%. The ECBs asset purchase program will continue at EUR 80 billion. Moreover, the...

Negative rate loan rumor takes toll on Yen

Apr 22, 2016 06:13 am UTC| Commentary

There has been report in the financial media today that Bank of Japan (BOJ) may be considering charging negative interest rates on loans, which effectively means, BOJ will be handing out money to banks and pay them to lend...

Indonesian bonds plunge after Bank Indonesia keeps policy rate steady

Apr 22, 2016 05:57 am UTC| Commentary

The Indonesian government bonds plunged on Friday as Bank Indonesia (BI) left policy rate unchanged at 6.75 pct, as expected. The yield on the benchmark 10-year bonds, which moves inversely to its price, closed higher 0.26...

China’s net refined copper imports rise sharply in March on rising demand

Apr 22, 2016 05:57 am UTC| Commentary

Chinas March net refined copper imports increased sharply 17% m/m and 50.4% y/y, reaching 435kt, resulting in the total refined imports of 1,067kt in Q1 2016, as compared with 761kt in the same period last year. Meanwhile,...

Guide to today’s important data and events

Apr 22, 2016 05:34 am UTC| Commentary

Lots of economic dockets scheduled for today and all with low to medium risks associated. Data Released so far China MNI business sentiment indicator rose to 50.5 in March from 49.9 in...

Indonesian economy likely to continue growing reasonably, real GDP growth to average 5.2% y/y in 2016-17

Apr 22, 2016 05:26 am UTC| Commentary

Indonesia recorded economic growth of 4.8% last year as is expected to continue to stay on a sound growth track, noted Scotiabank. Consumer spending, supported by better consumer confidence and rising disposable income,...

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Economy

Wall Street Falls as Oil Prices Rise and Tech Stocks Slide

Wall Street stocks declined for a second consecutive session on Thursday as rising oil prices, Treasury market volatility, and concerns over OpenAIs revenue outlook weighed on investor sentiment. At 13:07 ET, the SP 500...

Oil Prices Trim Gains After Trump Rules Out Iran Strikes Before Midterms

Oil prices reduced earlier gains on Thursday after U.S. President Donald Trump announced that Washington would not launch military strikes against Iran before the November 3 midterm elections, easing concerns over further...

Iran Refuses to Halt Uranium Enrichment Amid US Nuclear Demands

Iran has reaffirmed its refusal to suspend uranium enrichment or surrender its uranium stockpile, escalating tensions with the United States as diplomatic efforts continue to end the ongoing conflict and reopen the Strait...

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...

Politics

Zelenskiy Criticizes US as Russian Strikes Kill 78 in Ukraine

Ukrainian President Volodymyr Zelenskiy accused the United States of failing to provide sufficient support after Russian airstrikes killed 78 people and injured 215 across Ukraine over two days, intensifying tensions over...

ICC Rules Duterte Fit to Stand Trial in Drug War Case

The International Criminal Court (ICC) has ruled that former Philippine President Rodrigo Duterte is medically fit to stand trial, clearing a major legal hurdle ahead of proceedings scheduled to begin on November 30. The...

Berlin Coalition Talks Advance After Left Party Antisemitism Deal

Germanys Left Party has agreed to new measures addressing antisemitism, clearing a major obstacle to coalition negotiations with the Social Democrats (SPD) and Greens following Berlins September 20 state election. The...

Marco Rubio Warns Russia-Ukraine War Could Spark Wider Conflict

U.S. Secretary of State Marco Rubio warned Thursday that the ongoing Russia-Ukraine war has reached a dangerous stalemate, raising concerns about further military escalation and the possibility of a broader regional...

Italy Approves Electoral Reform Ahead of 2027 Election

Italys parliament has approved a controversial electoral reform backed by Prime Minister Giorgia Meloni, introducing major changes to the countrys voting system ahead of the 2027 general election. The lower house passed...

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

OpenAI Annualized Revenue Hits $50 Billion, Below Earlier Estimates

OpenAIs annualized revenue reached approximately $50 billion by the end of September 2026, significantly below the $70 billion previously reported to investors, according to financial documents reviewed by the Financial...

Oracle Uses Trucked Natural Gas to Power AI Data Centers Amid Pipeline Delays

Oracle Corp. is transporting natural gas by truck to several data centers across the United States as delays in pipeline construction threaten the companys artificial intelligence infrastructure expansion plans, Bloomberg...

Apple Names Steve Smith M&A Chief in Leadership Shakeup

Apple Inc. is making significant changes to its executive leadership, appointing Steve Smith as its new head of mergers and acquisitions (MA) as the technology giant continues restructuring its management team under newly...

Anthropic Launches Claude Dashboards and Motion AI Tools

Anthropic has introduced two new artificial intelligence tools, Claude Dashboards and Claude Motion, expanding its workplace productivity offerings as competition intensifies among AI companies seeking to attract business...

US Suspends Microsoft, Adobe From Green Card Program

The U.S. government has suspended Microsoft, Adobe, and several major IT companies from a federal employment-based green card program as the Trump administration intensifies scrutiny of foreign worker hiring practices....