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Tue, Feb 03, 2026 01:33 AM All times are UTC

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U.S. trade deficit widens in March, imports growth rebounds

May 09, 2019 17:12 pm UTC| Commentary

Trade deficit in the U.S. widened in the month of March to USD 50 billion from Februarys USD 49.3 billion, coming in widely consistent with consensus expectations. The deficit broadened throughout most major trading...

U.S. headline producer prices rise in April on energy costs

May 09, 2019 14:35 pm UTC| Commentary

U.S. producer prices rose in April on increase in energy costs. Sequentially, producer prices rose 0.2 percent, due to higher energy prices and also transportation and core services. The core-core PPI, which excludes food,...

Canadian trade deficit narrows slightly in March

May 09, 2019 13:58 pm UTC| Commentary

Canadian international trade deficit narrowed in the month of March. The trade deficit narrowed to CAD 3.2 billion from Februarys revised CAD 3.4 billion. This was higher than consensus expectations of a deficit of CAD 2.4...

Philippine GDP growth decelerates in Q1 2019 to weakest in nearly four years, likely to bounce back

May 09, 2019 13:26 pm UTC| Commentary

The Philippine economic growth slowed in the first quarter 2019 to the softest pace in almost four years. On a year-on-year basis, the GDP growth decelerated to 5.6 percent, while it came in at 1 percent on a...

Norges Bank keeps interest rate on hold, likely to hike in June

May 09, 2019 12:57 pm UTC| Commentary Central Banks

The Norwegian central bank, Norges Bank, kept the interest rates on hold today, as was expected and in line with the March rate path. Furthermore, the central bank stated that the current assessment of the outlook and...

BSP cuts overnight RRP rate by 25 bps to 4.50 pct

May 09, 2019 11:54 am UTC| Commentary

The Philippine central bank lowered its overnight RRP rate by 25 basis points to 4.50 percent today. Accordingly, the overall interest rate corridor was cut by a similar magnitude. The BSP also cut its inflation forecast...

FxWirePro: Key charts explaining crude oil inventories and production report of EIA

May 09, 2019 10:37 am UTC| Commentary

Here are some key charts based on data from the United States Energy Information Agencys (EIA) latest report that explains the level of inventories, refinery demand, and production. Chart 1 shows crude oil production...

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Economy

Viksit Bharat 2026: Fiscal Muscle, Factory Revival, and the War on Speculation

Finance Minister Nirmala Sitharamans Union Budget 202627 pursues the Viksit Bharat vision vigorously by combining severe fiscal discipline with a huge growth push. Driven by a 7% GDP growth objective and a lowered fiscal...

EU Recovery Fund Faces Bottlenecks Despite Driving Digital and Green Projects

Across Spains olive groves and vineyards, sensors and drones funded by the European Unions massive post-pandemic recovery plan are collecting soil data to power AI-driven farming. These projects reflect the core ambition...

Asian Markets Slide as Silver Volatility, Earnings Season, and Central Bank Meetings Rattle Investors

Asian share markets opened the week on a cautious note, largely tracking weaker Wall Street futures, as extreme volatility in silver prices and a packed global economic calendar unsettled investors. The sharp moves in...

India Budget 2025 Highlights Manufacturing Push but Falls Short of Market Expectations

Indias latest Union Budget placed manufacturing firmly at the center of its economic strategy, prioritizing key sectors such as semiconductors, biopharma, electronics, renewables, and capital goods. While the government...

Starmer’s China Visit Highlights Western Balancing Act Amid U.S.-China Rivalry

British Prime Minister Keir Starmers recent visit to China underscores the complex balancing act Western middle powers are attempting as rivalry between Beijing and Washington intensifies. While the trip allowed China to...

Politics

Trump Says U.S.–Iran Talks Continue as Military Tensions Remain High

U.S. President Donald Trump said on Monday that diplomatic talks between the United States and Iran are ongoing, even as military tensions between the two countries remain elevated. Speaking to reporters at the White...

Russia Warns Foreign Troop Deployment in Ukraine Would Be Treated as Legitimate Military Targets

Russia has issued a strong warning that any deployment of foreign military forces or infrastructure in Ukraine would be considered direct foreign intervention and treated as legitimate military targets. The statement was...

Medvedev Warns World Is Growing More Dangerous but Says Russia Seeks to Avoid Global Conflict

Dmitry Medvedev, Russias deputy chairman of the Security Council and a senior Kremlin security official, has warned that the global situation is becoming increasingly dangerous, while stressing that Russia does not want a...

Laura Fernandez Set to Become Costa Rica’s Next President, Promising Sweeping Political Change

Laura Fernandez is poised to become Costa Ricas next president, marking a significant political shift as she pledges to continue and deepen the populist agenda of outgoing President Rodrigo Chaves. Her victory signals a...

Peter Mandelson Resigns from Labour Party Amid Renewed Jeffrey Epstein Links

Former British government minister Peter Mandelson has resigned from Prime Minister Keir Starmers Labour Party following renewed media scrutiny over his past connections to disgraced U.S. financier Jeffrey Epstein. The...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure

Oracle has announced plans to raise between $45 billion and $50 billion in 2026 as it accelerates the expansion of its cloud infrastructure to meet surging demand from major technology and artificial intelligence clients....

SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers

Elon Musks SpaceX is seeking approval from the U.S. Federal Communications Commission (FCC) for an ambitious plan to launch up to 1 million satellites into Earths orbit, aiming to harness solar energy in space to power AI...

Nvidia Confirms Major OpenAI Investment Amid AI Funding Race

Nvidia CEO Jensen Huang has confirmed that the chipmaking giant plans to make a massive investment in OpenAI, calling it likely the largest investment Nvidia has ever made. Speaking to reporters in Taipei, Huang dismissed...

Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate

Speculation around a potential Musk Inc has resurfaced as Elon Musks companiesSpaceX, Tesla, and xAIexplore closer ties amid rapid advances in artificial intelligence and automation. With SpaceX expected to go public later...

SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz

SpaceX delivered a strong financial performance last year, generating an estimated $8 billion in profit on revenues between $15 billion and $16 billion, according to people familiar with the companys results. The figures,...

Digital Currency