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Fri, Aug 14, 2026 06:50 AM All times are UTC

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CNY-CNH spread could narrow on SDR discussion

Sep 28, 2015 07:24 am UTC| Commentary

After U.S. President Barack Obama and Chinese President Xi Jinping met Friday in Washington, the two sides issued a statement saying the U.S. supports the inclusion of the Chinese renminbi (RMB) in the IMFs SDR (Special...

South Korea's export weakness to continue, imports to fall further in September

Sep 28, 2015 07:11 am UTC| Commentary

South Koreas weakness in exports is likely to continue in September, with only a modest recovery from the significant decline in August. Based on interim data up to 20 September, it is forecasted that exports will rise...

South Korea's IP likely fell further in August as exports contract significantly

Sep 28, 2015 07:07 am UTC| Commentary

South Koreas Trade data show that exports contracted from $46.6bn in July to $39.2bn in August, though this was partially driven by the cancellation of a delivery in the shipbuilding sector that is unrelated to production...

India likely to increase fiscal expenditures during FY 15-16

Sep 28, 2015 07:01 am UTC| Commentary

Indias fiscal policy is turning more growth-supportive, in sharp contrast to the past four years of deficit compression and austerity. Given the revenue boost from rising indirect tax receipts (+35.3% y/y fiscal YTD),...

Australian supermarket price war effect likely to fade

Sep 28, 2015 07:00 am UTC| Commentary

Australias recent retail sales data were definitely on the soft side, with average monthly gains of 0.2% over the five months to July, which is exactly half the average pace recorded in 2013/14. This weakness stems in...

Australia's credit growth likely stabilising at a healthy rate

Sep 28, 2015 06:53 am UTC| Commentary

The sharp slowdown in Australias credit growth in July to 0.6% mom from an average of 0.9% mom over the previous 12 months looks to us erratically weak. Underlying growth momentum in Australias private sector credit is...

Furher rate cuts likely from PBoC this year

Sep 28, 2015 06:46 am UTC| Commentary

Despite the financial market turmoil, a soft landing is still seen as the most plausible scenario in the coming two years. Chinese growth will continue falling due to structural constraints such as a shrinking labour...

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Economy

S&P 500 Hits Record High as Soft Inflation Data Eases Fed Rate Hike Fears

U.S. stock futures were largely unchanged Thursday evening after the SP 500 closed at a record high, as softer producer inflation data eased concerns about a potential Federal Reserve interest-rate hike in September. SP...

Gold Prices Slip From 10-Week High as Fed and Hormuz Risks Shape Outlook

Gold prices moved lower on Friday after pulling back from a 10-week high, as investors assessed softer U.S. inflation data, the Federal Reserves interest rate outlook and uncertainty surrounding the Strait of Hormuz. Spot...

Trump Imposes New US Tariffs on Drone Imports Over National Security Concerns

U.S. President Donald Trump announced new tariffs on imported drones and drone components on Thursday, citing national security concerns and the countrys heavy reliance on foreign suppliers. Under a proclamation signed by...

Canada-US Trade Talks Gain Momentum Ahead of Aug. 19 Tariff Deadline

Canada-US trade negotiations are making positive progress as both countries push to reach an agreement before new U.S. tariffs on Canadian imports are scheduled to take effect on Aug. 19, according to a Canadian government...

Oil Prices Fall as U.S. Crude Inventories Surge and Hormuz Tensions Persist

Oil prices declined Thursday as unexpectedly large U.S. crude inventories, weaker global demand forecasts and continued tensions surrounding the Strait of Hormuz weighed on the market. Brent crude futures for October...

Politics

Jared Kushner May Visit Israel for Gaza Talks Next Week

U.S. President Donald Trumps envoy and son-in-law, Jared Kushner, could travel to Israel next week for talks aimed at advancing the administrations Gaza peace plan, according to a source familiar with the matter. Axios...

Albanese Says AUKUS ‘Full Steam Ahead’ After Trump Call

Australian Prime Minister Anthony Albanese said the AUKUS defence pact remains full steam ahead following a lengthy phone call with U.S. President Donald Trump, as Canberra also pushes Washington for a complete exemption...

Trump Orders Major Overhaul of US Navy Shipbuilding

President Donald Trump has signed a National Security Presidential Memorandum directing sweeping changes to U.S. Navy shipbuilding and ship repair programs as part of an effort to rebuild the countrys maritime industrial...

Israel Warned US of Alleged Iran Plot to Assassinate Trump

Israel repeatedly warned the United States over the past year that Iran may have been planning to assassinate President Donald Trump, although U.S. intelligence agencies were unable to independently verify several of the...

Putin Visits Disputed Kuril Island, Sparking Strong Protest From Japan

Russian President Vladimir Putin visited the disputed island of Iturup on Thursday, triggering a sharp diplomatic protest from Japan amid longstanding tensions over the Kuril Islands. Known as Iturup in Russia and Etorofu...

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

Goldman Sachs Eyes Investors for Nvidia’s $500 Billion AI Financing Plan

Goldman Sachs is reportedly in discussions with potential investors to participate in Nvidias ambitious $500 billion AI infrastructure financing initiative, as institutional demand for artificial intelligence investments...

LG, Nvidia Expand AI Partnership With Humanoid Robots, AI Factories

LG Corp and Nvidia have signed a memorandum of understanding (MOU) to deepen their strategic partnership across robotics, AI factories and next-generation mobility, LG announced Friday. The agreement will combine LGs...

SMIC Shares Rally as Q2 Profit Surges 262% on Strong Chip Demand

Shares of Semiconductor Manufacturing International Corp. (SMIC) surged on Friday after the Chinese semiconductor foundry delivered strong second-quarter earnings, supported by higher chip demand, improved pricing and...

Anthropic Eyes $6B Decart AI Acquisition Ahead of Mega IPO

Anthropic is reportedly in talks to acquire Nvidia-backed AI startup Decart AI as the Claude developer looks to expand its computing capabilities and address growing demand ahead of a potential public listing. Bloomberg...

Google Pushes Gemini AI Overhaul as Sergey Brin Targets Model Supremacy

Google co-founder Sergey Brin has stepped up efforts to accelerate development of the companys Gemini AI models as Alphabet battles OpenAI and Anthropic for leadership in artificial intelligence. Brin has reportedly urged...