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Tue, Apr 07, 2026 03:55 AM All times are UTC

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New Zealand jobless rate drops in Q4, but labor participation declines sharply

Feb 03, 2016 04:59 am UTC| Commentary

New Zealands jobless rate declined in Q4 to 5.3% from 6%, in contrary to market expectations of a slight rise in the unemployment rate. In Q4, employment in New Zealand rose 0.9%; however, there was a sharp decline in...

Asian stocks fall, Japanese yen higher on safe haven appeal

Feb 03, 2016 03:43 am UTC| Commentary

All the Asian markets trading in red as lack of confidence prevails in global markets. Market sentiment was damaged after oil prices fell more than 3% overnight. Japans benchmark Nikkei 225 index fell 3.35% to 17,155.53...

RBI extends its pause stance

Feb 03, 2016 03:06 am UTC| Commentary Central Banks

The Reserve Bank of India (RBI) left the Repo and reverse repo rate unchanged at 6.75% and 5.75% respectively on Tuesday. While the commentary offered little surprises, the tone was more balanced as the central bank is...

A cold winter has hit the manufacturing sector in Singapore

Feb 03, 2016 02:25 am UTC| Commentary Economy Nature

Singapore PMIs for Jan15 have indeed gotten worse. In the month the headline manufacturing PMI dipped by 0.5pt to 49.0. Electronics PMI also fell, to 48.5, down from 48.9 in the previous month. All key sub-indexes are...

Currency War Series

Taiwan's rate-cut expectations warranted

Feb 03, 2016 02:06 am UTC| Commentary Central Banks

The market rates are falling in Taiwan, reflecting the ripple effects of Bank of Japans negative rates policy. The overnight TWD interbank rate, which stayed stable at 0.23% before the Bank of Japans (BOJ) policy...

Oil prices to drive NOK in the near term

Feb 03, 2016 00:11 am UTC| Commentary

Weaker oil price will continue to drive the NOK in the near term but against that accommodative fiscal and monetary policy will help the economy to grow. Total GDP is expected to expand 1.6% in 2016, which is up 0.1 %...

UK economy to post decent growth in 2016

Feb 02, 2016 23:35 pm UTC| Commentary

The latest UK economic data suggests that GDP growth should advance at a steady pace in 2016 despite some headwinds from the global economy. Due to the gradually rising inflation in UK, consumer spending is likely to ease...

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Economy

U.S. Futures Slip as Iran Rejects Ceasefire and Trump Deadline Looms

U.S. stock index futures edged lower Monday evening as investors remained on edge over escalating tensions in the Middle East, with President Donald Trumps deadline for Iran to reopen the Strait of Hormuz fast approaching...

Gold Prices Drop for Third Consecutive Session Amid Iran Tensions and Inflation Fears

Gold prices continued their downward trend in Asian trading on Tuesday, marking a third straight session of losses as markets grappled with mounting inflation concerns and escalating geopolitical tensions tied to U.S....

Global Markets Waver as U.S.-Iran War Deadline Looms and Oil Prices Surge

Global financial markets remained cautious on Tuesday as investors braced for a critical deadline in the ongoing U.S.-Israel war against Iran, which has sent oil prices soaring and renewed fears of stagflation across the...

US Dollar Dips as Iran Rejects Ceasefire Amid Rising Middle East Tensions

The US dollar edged lower on Monday as geopolitical uncertainty intensified after Iran rejected a Pakistan-brokered ceasefire proposal, pushing the US Dollar Index down marginally to 99.98. The euro remained flat due to...

India's Central Bank Holds Rates Amid Iran War Energy Shock

Indias Reserve Bank of India (RBI) is widely expected to maintain its benchmark repo rate at 5.25% this Wednesday, as policymakers carefully monitor the economic ripple effects of the ongoing Iran war. The conflict has...

Politics

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...

UN Security Council Votes on Watered-Down Strait of Hormuz Resolution Amid China Opposition

The United Nations Security Council is set to vote Tuesday on a resolution aimed at protecting commercial shipping through the Strait of Hormuz, though the proposal has been significantly weakened following resistance from...

Trump Administration Terminates Title IX Agreements Protecting Transgender Students

The Trump administration has officially ended six resolution agreements that previously protected transgender students under Title IX, marking another significant step in the administrations ongoing effort to roll back...

Iran-US War Tensions Escalate as Trump Sets Deadline for Strait of Hormuz Deal

Diplomatic tensions between Iran and the United States have reached a critical breaking point as President Donald Trump issued a firm Tuesday night deadline demanding Iran reopen the Strait of Hormuz a strategic waterway...

Hegseth Warns of Heaviest Strikes Yet as Trump Issues Iran Ultimatum Over Nuclear Deal

President Donald Trump escalated tensions with Iran on Monday, warning that the United States could launch devastating attacks on Iranian civilian infrastructure including power plants and bridges unless Tehran agrees to...

Science

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...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk

Apples highly anticipated foldable iPhone is running into significant engineering hurdles during its test phase, raising concerns about potential delays in both mass production and product shipments, according to a report...

Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...

OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...

MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

A bipartisan group of U.S. lawmakers has unveiled the MATCH Act, a landmark piece of draft legislation designed to tighten export restrictions on advanced semiconductor manufacturing equipment destined for China. The...