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Sat, Dec 20, 2025 02:49 AM All times are UTC

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Singapore's PMI expected to have remained lackluster in June

Jun 26, 2015 09:53 am UTC| Commentary

Singapore will release the June PMI on 2 July.According to Standard Chartered, "We expect readings to have remained weak; we forecast that the overall reading remained stable at 50.2, while the electronics-sector sub-index...

China's manufacturing activity to have strengthened further

Jun 26, 2015 09:51 am UTC| Commentary

China is due to release the official manufacturing PMI for June on 1 July.The Markit flash manufacturing PMI released earlier showed that the output and new orders components rose strongly in June, and that the new export...

Malaysia External demand probably remained weak

Jun 26, 2015 09:49 am UTC| Commentary

The Department of Statistics of Malaysia will announce May trade data on 3 July.Standard Chartered expects exports to have continued to contract by 9.2% y/y, versus an 8.8% contraction in April, whereas, commodity exports...

Australia retail trade likely improved and trade deficit likely narrowed in May

Jun 26, 2015 09:41 am UTC| Commentary

The Australian Bureau of Statistics scheduled to release May external trade data on 2 July and retail trade data on 3 July.Iron ore export volumes from Port Hedland rose to a historical high in May, combined with the price...

Japan's retail sales likely improved m/m in May

Jun 26, 2015 09:36 am UTC| Commentary

Japan will release May retail sales and industrial production (IP) data on 29 June. Standard Chartered expect retail sales to have increased 1.2% m/m on a seasonally adjusted (SA) basis, versus 0.3% in April. Increasing...

Updated IGC forecasts lead to soaring wheat prices

Jun 26, 2015 09:22 am UTC| Commentary

The IGC was still anticipating a balanced wheat market at the end of May, it is now forecasting a slight 2 million ton deficit for the year 2015/16, notes Commerzbank.The reappraisal was prompted by weaker wheat...

Higher inflation suggests Riksbank stays sidelined in July

Jun 26, 2015 09:14 am UTC| Commentary

There is still no telling whether the Riksbank will announce further measures at the monetary policy meeting scheduled for July 1st (announcement on Thursday July 2nd) or whether it will do so later on. According to Nordea...

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Economy

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

Gold prices edged slightly lower in Asian trading on Friday but were still on track to post modest weekly gains, as strong safe-haven demand continued to support the precious metals market. At the same time, silver and...

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

Oil prices were mostly steady during Asian trading on Friday, but both major benchmarks were still on track to record a second consecutive weekly decline as persistent concerns over a global supply glut continued to...

Politics

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow

U.S. President Donald Trump said on Friday that he plans to meet with major health insurance companies in the coming weeks in an effort to push for significantly lower healthcare costs, as millions of Americans face the...

Epstein Files Released by DOJ Spotlight Bill Clinton, Raise Questions Over Trump Mentions

The U.S. Justice Department has released hundreds of thousands of pages of documents related to the late financier and convicted sex offender Jeffrey Epstein, a move that has reignited political controversy and public...

U.S. and China Push for Ceasefire as Thailand–Cambodia Border Clashes Escalate

China and the United States are intensifying separate diplomatic efforts to revive a ceasefire between Thailand and Cambodia, as Southeast Asian leaders prepare for a crucial ASEAN meeting aimed at addressing the worst...

Syria, Kurds and U.S. Race to Show Progress on SDF Integration Deal

Syrian, Kurdish and U.S. officials are intensifying diplomatic efforts ahead of a year-end deadline to demonstrate progress on a long-stalled agreement to integrate Kurdish-led forces into the Syrian state, according to...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...