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Thu, Sep 24, 2026 11:55 PM All times are UTC

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Further weakness in CNY likely to push MYR towards upper end of 4.15-4.20 range, says Commerzbank

May 06, 2019 08:18 am UTC| Commentary Economy

Further weakness in the Chinese yuan and other Asian currencies could see the Malaysian ringgit climb towards the upper end of the 4.15-4.20 range, after being back to the 4.15 level, according to the latest research...

Fed Hike aftermath Series: Hike probabilities over coming meetings

May 06, 2019 07:54 am UTC| Commentary Central Banks

FOMC followed through its promise and hiked rates four times in 2018 and forecasted two more rate hikes for 2019. Current Federal funds rate - 225-250 bps (Note, all calculations are based on data as of 6th May) June...

Indonesia’s Q1 GDP growth eases as per estimates; higher government spending offset by pullback in investment growth

May 06, 2019 07:16 am UTC| Commentary Economy

Indonesias growth in gross domestic product (GDP) eased during the first quarter of this year, broadly in line with expectations. While government spending growth picked up ahead of the April elections, and private...

Norges Bank unlikely to adopt any changes to policy rate, may update guidance on rate hike: DNB Markets

May 06, 2019 06:44 am UTC| Commentary Central Banks Economy

The Norges Bank is not expected to adopt any changes in the policy rate at the upcoming monetary policy meeting on May 9, but may update its earlier guidance on a rate hike within six months of March this year, according...

FxWirePro: Sino-American trade spat rattles market on Monday

May 06, 2019 05:03 am UTC| Commentary Economy

Mondays trading and liquidity are usually thin but not this Monday, All the credit goes to President Donald Trump, whose weekend tweets cast serious doubts on the possibility of a trade agreement between the United...

FxWirePro: The Day Ahead- 6th May 2019

May 06, 2019 04:30 am UTC| Commentary

Sizable economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Australia: TD Securities inflation index up 0.2 percent m/m in April. China: Caixin...

Australian 10-year bond yield plunges to over 1-month low amid reports of U.S.-China trade talks cancellation

May 06, 2019 03:23 am UTC| Commentary Economy

Australian 10-government bond yield plunged to over 1-month low on the first trading day of the week Monday amid lingering reports that China is considering to cancel all trade talks with the United States scheduled for...

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Economy

Soybean Futures Slip as Traders Await Trump-Xi Trade Signals

Chicago soybean futures edged lower on Thursday as traders closely watched Chinese President Xi Jinpings state visit to Washington for signs of progress on U.S.-China agricultural trade and future soybean purchases. CBOT...

European Stocks Fall as Bond Yields and Geopolitical Risks Weigh

European stocks closed lower on Thursday as rising bond yields, geopolitical uncertainty in the Middle East and concerns surrounding artificial intelligence weighed on investor sentiment. The pan-European STOXX 600 dropped...

Trump, Xi Focus on Trade and AI at White House Summit

U.S. President Donald Trump welcomed Chinese President Xi Jinping to the White House on Thursday, opening high-level talks focused on trade, artificial intelligence, security and broader U.S.-China relations. Xis trip...

Oil Prices Jump 3% as Houthi Attack Revives Supply Fears

Oil prices surged about 3% on Thursday, with Brent crude reaching a one-week high after a Houthi missile attack on Saudi Arabia renewed concerns over Middle East supply disruptions. Gains eased later as reports emerged...

Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets

Wall Street finished mostly unchanged on Thursday after a volatile session driven by surging oil prices, rising U.S. Treasury yields and increasingly hawkish Federal Reserve signals. The SP 500 closed nearly flat at...

Politics

Trump Asks Supreme Court to Restore Third-Country Deportations

President Donald Trumps administration asked the U.S. Supreme Court on Thursday to allow it to continue deporting migrants to countries other than their homelands without automatically giving them an opportunity to raise...

Netanyahu Defends Israel at UN as Delegates Stage Walkout

Israeli Prime Minister Benjamin Netanyahu delivered a defiant address to the United Nations General Assembly on Thursday, defending Israels military actions as dozens of delegates walked out in protest. The speech came as...

US Backs Musk in Fight Against EU’s €120 Million X Fine

The U.S. government has formally moved to join Elon Musks legal challenge against a 120 million ($136.5 million) European Union fine imposed on his social media platform X, escalating a dispute over the reach of European...

Netanyahu’s Brief US Trip Highlights Strains With Trump

Israeli Prime Minister Benjamin Netanyahu is expected to make an unusually short visit to the United States for his UN General Assembly address, underscoring signs of strain in US-Israel relations ahead of Israels October...

Abbas Reaffirms November 28 Palestinian Elections

Palestinian President Mahmoud Abbas reaffirmed plans to hold legislative elections on November 28, potentially marking the first Palestinian parliamentary vote in two decades, even as political and logistical obstacles...

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

Former OpenAI Data Center Chief Chris Malone Joins Nvidia

Chris Malone, the former head of data centers at OpenAI, has joined Nvidia as vice president of its DSX Platform, strengthening the chipmakers leadership team as demand for artificial intelligence infrastructure continues...

Akamai Shares Surge on $11.6B Anthropic AI Cloud Deal

Akamai Technologies shares jumped as much as 20% in after-hours trading Thursday after the cloud computing company announced an $11.6 billion, seven-year agreement with artificial intelligence firm Anthropic. The contract...

Oracle Shares Fall as New Mexico AI Data Center Faces Power Delays

Oracle Corp. shares fell after reports that the technology giant is seeking protection from financial obligations linked to its massive artificial intelligence data center project in New Mexico amid regulatory and...

BlackBerry Shares Rise as Q2 Earnings, Revenue Beat Estimates

BlackBerry shares climbed more than 2% in premarket trading Thursday after the cybersecurity and software company reported stronger-than-expected second-quarter results and issued an upbeat full-year revenue outlook....

Apple Extends Qualcomm Patent Licensing Deal

Qualcomm said Thursday that Apple has extended its patent-licensing agreement with the U.S. chip designer, maintaining a key part of their relationship even as the iPhone maker works to reduce its dependence on Qualcomm...