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Mon, Oct 12, 2026 03:37 AM All times are UTC

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Continued outflows from the gold ETFs

Jul 22, 2015 09:37 am UTC| Commentary

Preciuos metal markets are seeing the downswing. ETF investors are therefore continuing to jettison their holdings.The gold ETFs tracked by Bloomberg recorded outflows of 4.4 tons yesterday, meaning that holdings have been...

Gold price falls despite weaker US dollar and falling equity markets

Jul 22, 2015 09:21 am UTC| Commentary

Gold has once again slipped below the $1,100 per troy ounce mark this morning.The downswing on the precious metal markets is continuing, prices again nearing the lows they had hit at the beginning of the week.In euro...

China's total social financing at 207% of GDP in H1

Jul 22, 2015 08:10 am UTC| Commentary

PBoC said yesterday that outstanding total social financing (TSF), a measure of overall credit in the economy, rose to CNY131.6tn (USD 22.2tn) at June-2015, up 11.9% y/y. This works out to around 207% of GDP from 205% in...

Greek bailout voting likely to pass

Jul 22, 2015 08:09 am UTC| Commentary

Today the Hellenic parliament is scheduled to vote on the second set of bailout negotiation measures."It is expected that the vote will comfortably pass but only due to the support of pro-European opposition parties", says...

Australia's inflation indicators to provide leeway for further easing

Jul 22, 2015 07:53 am UTC| Commentary

Australias headline CPI inflation for Q2 was relaesed today. The headline CPI inflation posted 1.5% yoy growth and 0.7% qoq in Q2. Due to higher fuel prices and lagged effects of the weaker AUD, RBC Capital markets was...

BoE to hike rates in Q4 2015

Jul 22, 2015 07:26 am UTC| Commentary

The July MPC minutes from the Bank of England are expected to focus on the degree of slack in the UK economy and the strengthening of the GBP.The MPC members probably voted unanimously (9-0) at their July meeting.However,...

Sharp increase in China’s overseas direct investment

Jul 22, 2015 07:17 am UTC| Commentary

Chinas overseas direct investment (ODI) increased 29% y/y to USD56bn in H1 2015. Foreign direct investment (FDI) grew 8% y/y to USD68.4bn.Commerzbank states, the ODI should continue to rise near term and exceed FDI. The...

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Economy

Global Stocks Mixed as Oil Falls Ahead of US Earnings

Global stock markets traded unevenly on Monday as investors prepared for major corporate earnings and key US inflation data, while oil prices declined amid uncertainty surrounding a proposed Russia-Ukraine energy...

US Dollar Near 18-Month High Ahead of Inflation Data

The US dollar remained close to an 18-month high on Monday as escalating Middle East tensions and expectations surrounding upcoming US inflation data kept investors cautious about the Federal Reserves next interest rate...

IMF, World Bank Meetings Face Global Economic Risks Amid Iran War

Global finance leaders are gathering in Bangkok this week for the annual International Monetary Fund (IMF) and World Bank meetings as the prolonged Iran war, surging energy prices, rising interest rates and mounting debt...

US Stock Futures Rise as Oil Prices Fall Ahead of Q3 Earnings

U.S. stock index futures climbed on Sunday evening as falling oil prices boosted market sentiment following President Donald Trumps announcement of an energy ceasefire between Russia and Ukraine. However, Wall Street gains...

Gold Prices Rise Above $4,200 as Russia-Ukraine Energy Truce Eases Oil Concerns

Gold prices climbed on Monday as investors weighed U.S. President Donald Trumps announcement of an immediate energy ceasefire between Russia and Ukraine against escalating Middle East tensions and persistent inflation...

Politics

Mahmoud Abbas Postpones Palestinian Elections to September 2027

Palestinian President Mahmoud Abbas has postponed legislative elections scheduled for November 2026 to September 11, 2027, citing Israeli restrictions and deteriorating security conditions in the Palestinian territories. A...

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)....

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

Apple Supplier Luxshare Faces US Patent Probe, Sees Limited Impact

Chinese electronics manufacturer Luxshare Precision Industry, a major supplier to Apple, expects minimal disruption to its business from a US patent infringement investigation involving data centre power supply technology....

TSMC Profit Set to Surge 65% as AI Chip Demand Drives Record Earnings

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading advanced chipmaker, is expected to report another record quarterly profit as surging artificial intelligence (AI) investments fuel demand for...

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...