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Thu, Aug 13, 2026 01:54 AM All times are UTC

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Gold shines, reinforces safe-haven position

Aug 17, 2015 09:25 am UTC| Commentary

The precious metal gained on news that China increased its gold hoard and Japans GDP contracted in the second-quarter, albeit slightly ahead of expectations, as the indirect effect allowed the commodity to reaffirm its...

Greece to repay ECB on time

Aug 17, 2015 09:13 am UTC| Commentary

After the Eurogroups decision to back the Memorandum of Understanding for a third bailout, several national parliaments (including Germany, Austria, Estonia, Finland, Latvia, Portugal, Spain and France) will need to...

Thailand GDP growth expected at 3.8% in 2016

Aug 17, 2015 07:55 am UTC| Commentary

Thailand Q2 GDP posted 0.4% q/q sa growth was as expected. On a y/y basis, growth moderated to 2.8%, down from 3.0% in Q1. Growth remains disappointingly sluggish in Thailand, with tourism and a modest fiscal bounce the...

CNY under pressure due to capital outflows

Aug 17, 2015 07:34 am UTC| Commentary

PBoC set the USD-CNY fixing rate at 6.3969 this morning, compared with the previous fixing of 6.3912. Both CNY and CNH exchange rates were narrowly range traded last Friday and this morning. Ma Jun, chief economist of...

Pressure returns on EUR-CZK floor

Aug 17, 2015 07:31 am UTC| Commentary

Czech GDP data for Q2 turned out to be very strong. The economys GDP was 1 percent stronger than consensus expectation as it posted at 4.4% y/y growth. Although the strength of the economy through H1 reflects the sharp...

Australia's concerns towards risks from China to rise

Aug 17, 2015 07:16 am UTC| Commentary

The Reserve Bank of Australia (RBA) will release the minutes of its August meeting during the night. However, one should not read too much into these statements. For Australia, economic developments in China, its...

Japan’s economy declines in the 2nd quarter

Aug 17, 2015 07:13 am UTC| Commentary

Prime Minister Shinzo Abe and Bank of Japan (BoJ) Governor Haruhiko Kuroda are probably quite concerned about the success of Abenomics. Japanese growth is not picking up, in the second quarter, GDP contracted by 1.6%...

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Economy

KOSPI Rebounds 20% as Samsung, SK Hynix Lead South Korea Stock Rally

South Koreas KOSPI has rebounded roughly 20% from its late-July low, putting the benchmark close to leaving bear-market territory as investors return to technology and semiconductor stocks following a steep selloff. The...

Asian Currencies Steady Ahead of US CPI as Oil Prices Rise

Asian currencies were mostly unchanged against the U.S. dollar on Wednesday as investors awaited key U.S. inflation data that could shape expectations for the Federal Reserves next interest-rate decision. Meanwhile, rising...

Canada, US Hold Fresh Trade Talks as August 19 Tariff Deadline Nears

Canada and the United States held another round of high-level trade talks on Tuesday as Ottawa seeks to prevent new U.S. tariffs on Canadian goods from taking effect on August 19. Dominic LeBlanc, Canadas minister...

Australia Sets New Minimum Pay, Insurance Rules for Gig Workers

Australias Fair Work Commission (FWC) has approved new minimum standards for food and grocery delivery workers, giving gig economy workers higher pay and greater protection against workplace injuries. Under the new rules,...

Gold Price Holds Near $4,400 as Hormuz Risks and CPI Drive Markets

Gold prices climbed on Wednesday, remaining close to the $4,400-an-ounce mark as uncertainty surrounding the reopening of the Strait of Hormuz boosted oil prices and kept investors focused on the Federal Reserves...

Politics

Peggy Flanagan Wins Minnesota Democratic Senate Nomination

Minnesota Lieutenant Governor Peggy Flanagan has secured the Democratic nomination for the U.S. Senate, setting up a closely watched general election contest against Republican nominee Michele Tafoya. U.S. media outlets...

U.S. Military Operations Killed 153 Civilians in 2025, Pentagon Says

U.S. military operations killed 153 civilians and wounded another 243 in 2025, according to Pentagon assessments cited by a U.S. official, marking a sharp increase from the civilian casualty figures reported for 2024. The...

Bashar al-Assad Sentenced to Death After Syria Regime Collapse

Bashar al-Assads 24-year rule over Syria ended dramatically in December 2024 after rebel forces launched a rapid offensive that overwhelmed his weakened military. With Russia focused on its war in Ukraine and Iran weakened...

Trump Signs Order to Cut Routine Childhood Vaccines

President Donald Trump has signed an executive order seeking to reduce the number of routine childhood vaccinations recommended in the United States and directing the Justice Department to challenge certain state vaccine...

Wisconsin Democratic Primary Tests Progressive Appeal

Democratic socialist Francesca Hong and moderate David Crowley remained locked in a tight race Tuesday in Wisconsins closely watched Democratic gubernatorial primary, offering an important test of progressive candidates...

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

SpaceX Shares Surge as Wall Street Backs AI Growth Potential

SpaceX shares jumped 11% after Morgan Stanley highlighted the companys growing artificial intelligence business, fueling investor optimism around its expanding enterprise software strategy and upcoming Grok 4.7 AI model....

OpenAI Executive Brad Lightcap to Leave for New AI Venture

Brad Lightcap, one of OpenAIs most senior executives and its former chief operating officer, is leaving the artificial intelligence company to launch a new venture, adding to a series of major leadership changes across the...

Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms

Anthropic has reportedly signed a $9.1 billion long-term agreement with Riot Platforms (NASDAQ: RIOT) to secure large-scale AI computing capacity, marking another major investment by the Claude developer as demand for...

Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow

Trump Media Technology Group said Monday that more than 10 customers have signed up for its upcoming Truth API, a real-time data service designed to provide rapid access to posts from prominent Truth Social accounts,...

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...