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Mon, Oct 12, 2026 02:42 AM All times are UTC

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Turkey inflation to rebound in Q4

Jul 24, 2015 09:40 am UTC| Commentary

In Turkey, CBT kept all its policy rates unchanged in July MPC meeting, in line with our expectation and the overwhelming consensus view. The MPC statement was also a verbatim repeat of the June statement, though the CBT...

Weak currencies of two most important producer countries to weigh on Arabica coffee price

Jul 24, 2015 09:35 am UTC| Commentary

The renewed fall in price of Arabica Coffee was due to the depreciation of the Brazilian real to a twelve-year low against the US dollar. Brazil is the leading producer of Arabica coffee.The currency of Colombia, the...

Euro sinks into losses after weak Euro zone PMI

Jul 24, 2015 09:31 am UTC| Commentary

The shared European currency lost its opening bell drive on Friday and returned to losses after two of the euro zones largest economies disappointed with their PMI readings. The euro was trading down 0.32% at $1.0945...

Further significant outflows from the gold ETFs

Jul 24, 2015 09:29 am UTC| Commentary

Gold ETFs saw renewed outflows yesterday, 6.3 tons were withdrawn this time, putting total outflows since the start of the month at nearly 40 tons. Holdings in the gold ETFs tracked by Bloomberg have dipped below 50...

US labour market data to weigh on Gold

Jul 24, 2015 09:28 am UTC| Commentary

Gold prices in India dropped to a four-year low this morning. So far,Indians have refrained from buying gold.Gold is suffering significant losses once again as the week of trading comes to an end, and has fallen to below...

Hungary ends the easing cycle

Jul 24, 2015 07:52 am UTC| Commentary

The National Bank of Hungary (NBH) cut rates by 15bp at its MPC meeting this week. After 75bp of cuts over five consecutive meetings, the NBH signalled that it was ending its cutting cycle in the July MPC meeting.The bank...

South Africa's inflation to edge up in 2016

Jul 24, 2015 07:51 am UTC| Commentary

More significantly, the MPC said its headline CPI forecast had deteriorated slightly, showing a two-quarter breach of target in H1 2016 followed by a slightly weaker inflation trajectory in H2 16, with headline inflation...

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Economy

UK Finance Minister Healey Calls for Fiscal Discipline Amid Global Risks

British Finance Minister John Healey is set to emphasize fiscal discipline and economic resilience during the International Monetary Fund (IMF) and World Bank annual meetings in Bangkok this week, as governments confront...

Oil Prices Rise as Houthi Attacks Threaten Middle East Supply

Oil prices climbed on Monday as escalating Middle East tensions, renewed Houthi attacks on Saudi Arabia, and tanker incidents near the Strait of Hormuz heightened concerns over global crude supply disruptions. Brent crude...

Bank of America Predicts Yen Rebound as USD/JPY Faces Risks

The Japanese yens prolonged depreciation has been driven entirely by offshore trading activity since 2025, according to Bank of America (BofA), highlighting a significant shift in global foreign exchange market dynamics....

Deutsche Bank CEO Urges Faster German Economic Reforms

Deutsche Bank CEO Christian Sewing has urged the German government to accelerate economic reforms, warning that slow implementation and political compromises could weaken Germanys competitiveness and long-term growth...

Trump Calls for Zelenskyy Replacement Amid Russian Diesel Deal

US President Donald Trump has called for Ukraine to replace President Volodymyr Zelenskyy, deepening tensions between Washington and Kyiv over a controversial agreement allowing Russian diesel exports to global markets....

Politics

Panama Declares Emergency After 7.7 Earthquake Triggers 200 Aftershocks

Panama has declared a national state of emergency after a powerful 7.7-magnitude earthquake struck on Friday, causing widespread damage to homes, roads, and bridges across the countrys central provinces. Authorities have...

North Korea Fires Ballistic Missiles as Tensions With South Korea Escalate

North Korea launched multiple ballistic missiles toward the sea off its eastern coast on Monday, October 12, as military tensions with South Korea continued to intensify following a series of weapons tests and border...

Pakistan Declares Emergency in Khyber Pakhtunkhwa, Suspends Imran Khan’s PTI Government

Pakistan has declared a state of emergency in Khyber Pakhtunkhwa, suspending the provincial government controlled by jailed former Prime Minister Imran Khans Pakistan Tehreek-e-Insaf (PTI) party amid escalating political...

Djibouti Migrant Boat Capsizes, Killing 139 and Leaving 84 Missing

At least 139 migrants, including 15 children, have died after a boat carrying 305 people capsized off Djibouti while traveling to Yemen, according to the United Nations International Organization for Migration (IOM)....

Trump Sanctions International Criminal Court, Sparking EU Backlash

US President Donald Trumps administration has imposed sweeping sanctions on the International Criminal Court (ICC), escalating tensions with European allies and raising concerns about the future of international justice....

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

Moonshot AI Executives Seek Settlement Ahead of Hong Kong IPO

Executives at Chinese artificial intelligence startup Moonshot AI are reportedly negotiating a settlement with Recurrent.ai over allegations of misconduct, as the company prepares for its planned Hong Kong initial public...

Amazon in Talks to Acquire AI Startup Decart for $7 Billion

Amazon is reportedly negotiating a potential $7 billion acquisition of artificial intelligence startup Decart, signaling the technology giants growing ambitions in generative AI, real-time video processing, and advanced...

Yandex Data Center Hit by Drone Strike as Russia-Ukraine Cyber Infrastructure Attacks Escalate

Russian technology giant Yandex has suspended operations at a major data center in the Vladimir region following a drone strike, marking the third attack on its server infrastructure within four days as the Russia-Ukraine...

Apple Supplier Luxshare Sees Limited Impact From US Patent Probe

Chinese electronics manufacturer Luxshare Precision Industry expects minimal disruption to its business from a US patent infringement investigation involving power supply technology used in data centres. In a stock...

Elon Musk Eyes Semiconductor Manufacturing Expansion With $15 Billion Terrafab Project

Elon Musk believes his companies could eventually outperform established semiconductor manufacturers by developing more efficient chip production methods, although he cautioned that achieving this ambition could take...