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Sat, Dec 20, 2025 03:07 AM All times are UTC

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Weaker Dollar commodity producers’ nightmare

Apr 06, 2016 09:58 am UTC| Commentary

Weaker Dollar is and likely to increase commodities producing countries as well as their respective central banks headaches by shrinking their policy options. Even central banks of commodity consuming but weaker economies...

Taiwan’s CPI inflation likely slowed in March

Apr 06, 2016 09:47 am UTC| Commentary

In February, Taiwans CPI inflation had accelerated on back of a temporary surge in vegetable prices. However, CPI is likely to slightly normalize in March, according to Societe Generale. Vegetable prices appear to have...

German Bunds slump on firm economic data, rising oil prices

Apr 06, 2016 09:21 am UTC| Commentary

The German 10-year bond tumbled on Wednesday amid strong Markit retail sales PMI figure and better than expected industrial production data. The benchmark 10-year bonds yield, which is inversely propositional to bond price...

Japan’s wage growth outlook negative despite an acceleration in February

Apr 06, 2016 09:11 am UTC| Commentary

Japans wage growth accelerated to 0.9% y/y in February, the most rapid pace witnessed in more than 15 months. Base wage rose 0.6%, the most solid growth in more than 10 years. However, wage data is usually revised downward...

US domestic demand to remain supportive of economy, consumer spending likely to grow strongly

Apr 06, 2016 09:10 am UTC| Commentary

The ISMs non-manufacturing index for the US rose slightly to 54.5 in March, as compared with consensus expectation of a rise to 54.2. The headline print was at 53.4 in February. Delving into details, seven of the ten...

Chinese bonds slide after firm PMI figure

Apr 06, 2016 09:09 am UTC| Commentary

The Chinese 10-year bonds rallied on Wednesday after strong Chinese PMIs figures. The benchmark 10-year bonds yield, which is inversely proportional to the price of bonds, rose 0.66 pct to 2.91 pct and 3-year bonds yield...

Russian bonds rally on strong oil prices

Apr 06, 2016 08:31 am UTC| Commentary

The Russian 10-year bonds jumped on Wednesday, following strong cues emerging from crude oil prices, pushing the yield on 10-year bonds down 5 bps. The Brent crude oil, a global benchmark for Russias main export, was...

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Economy

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

Gold prices edged slightly lower in Asian trading on Friday but were still on track to post modest weekly gains, as strong safe-haven demand continued to support the precious metals market. At the same time, silver and...

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

Oil prices were mostly steady during Asian trading on Friday, but both major benchmarks were still on track to record a second consecutive weekly decline as persistent concerns over a global supply glut continued to...

Politics

U.S. Pushes New Gaza Governance Plan With International Force to Secure Ceasefire

U.S. Secretary of State Marco Rubio said the United States is moving quickly to establish a new governance framework for Gaza, signaling a major shift in post-war planning for the Palestinian enclave. Speaking at a...

U.S. Intelligence Warns Putin Still Seeks Full Control of Ukraine Despite Peace Talks

U.S. intelligence reports continue to warn that Russian President Vladimir Putin remains intent on capturing all of Ukraine and potentially reclaiming territory beyond its borders, according to multiple sources familiar...

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...

Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow

U.S. President Donald Trump said on Friday that he plans to meet with major health insurance companies in the coming weeks in an effort to push for significantly lower healthcare costs, as millions of Americans face the...

Epstein Files Released by DOJ Spotlight Bill Clinton, Raise Questions Over Trump Mentions

The U.S. Justice Department has released hundreds of thousands of pages of documents related to the late financier and convicted sex offender Jeffrey Epstein, a move that has reignited political controversy and public...

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

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...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...