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Fri, Oct 09, 2026 04:09 AM All times are UTC

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Bone dry 2016 for U.S. IPO market

Mar 29, 2016 07:21 am UTC| Commentary

Investors as well as angel investors, private equities are not coming out of the closet yet. January turmoil in financial markets may have broken investors confidence bad enough that current market rally is just not being...

South Korea bonds gain despite strong economic data

Mar 29, 2016 07:14 am UTC| Commentary

The South Koreas 10-year bond prices gained despite strong economic data. Moreover, consumer sentiment ticked up and its finance minister sounded upbeat on exports turning the corner, but bond market investors still bet on...

Yen on worst losing run since 2012 against Dollar

Mar 29, 2016 07:02 am UTC| Commentary

Yen is on its worst losing stretch against Dollar, since 2012. Over past eight trading session, it has depreciated against Dollar by about 2%. Last time Yen lost that much is when, in 2012 Yen declined about 2.2% against...

Malaysia’s domestic demand to remain weak on tighter fiscal stance

Mar 29, 2016 06:49 am UTC| Commentary

Malaysian economy faces challenges from weak global demand, especially for LNG and raw commodities, and domestic demand. Domestic demand in the country is expected to remain weak due to tighter fiscal stance, according to...

India’s foreign reserves rise, expected portfolio inflows may ease pressure on depreciating rupee

Mar 29, 2016 06:19 am UTC| Commentary Central Banks

After Indias Union Budget FY2016-17 was released at the end of February, foreign investors added local equities worth a total of USD 2.87 billion to their holdings. Furthermore, since 16 March, the investors bought local...

Japanese bonds edge down on fiscal year-end selling pressure

Mar 29, 2016 06:08 am UTC| Commentary

The Japanese 10-year bond prices edged down on Tuesday as investors tweaked their debt holdings ahead of the fiscal year-end, generating some selling. Also, the Bank of Japan did not conduct any regular bond-buying...

Guide to today’s important data and events

Mar 29, 2016 06:02 am UTC| Commentary

Not many economic dockets scheduled for today, and with low to medium risks associated. Upcoming Italy Consumer and business confidence will be released at 8:00 GMT. Euro Zone Private loans and money supply...

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Economy

US, EU Push for Action Against Asia’s Excess Factory Capacity

U.S. Trade Representative Jamieson Greer said Thursday that European Union countries have reached a broad consensus on the need to address global manufacturing overcapacity, particularly in Asia, as concerns grow over its...

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...

Politics

Trump Buys Up to $25M in Meta Stock, Invests in SpaceX Debt

Meta Platforms (NASDAQ: META) shares briefly climbed more than 1% after President Donald Trumps latest financial disclosure revealed a stock purchase worth up to $25 million. The shares later trimmed their gains as...

US Charges Maduro and Wife With Torture Conspiracy

US prosecutors have filed new torture conspiracy charges against former Venezuelan President Nicolas Maduro and his wife, Cilia Flores, expanding an existing drug trafficking case ahead of their scheduled trial in 2027....

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...

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....