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BI may retain the existing BI rate in June

Jun 17, 2015 05:58 am UTC| Commentary

Monthly policy meeting of the Bank Indonesia (BI) will be held on 18 June. BI is expected to keep the BI rate at 7.50%, the BI overnight deposit facility (FASBI) rate at 5.75%, and the BI overnight lending facility (repo)...

New Zealand Q1 GDP growth likely remained robust at 0.8% q/q

Jun 17, 2015 05:04 am UTC| Commentary

Statistics New Zealand is scheduled to release Q1-2015 GDP data on 18 June. GDP growth of New Zealand is likely to have remained robust at 3.3% y/y (0.8% q/q), slightly slower than the 3.5% y/y growth in Q4-2014, estimates...

New Zealand's Q1 current account deficit widens to 3.6% of GDP

Jun 17, 2015 02:30 am UTC| Commentary

New Zealands annual current account deficit widened from 3.3% to 3.6% of GDP in the March quarter. The deficit was smaller than the market expected.Since the current account balance is typically reported as a four-quarter...

UK headline CPI data were in line with expectations

Jun 17, 2015 00:26 am UTC| Commentary

UK headline CPI data were in line with expectations (0.1% y/y after dipping below zero for just one month). Other measures of inflation (RPI, core CPI, PPI) were slightly weaker, but the headline measure carries most...

South Africa's current account deficit to underscore vulnerability

Jun 16, 2015 23:14 pm UTC| Commentary

Q1 current account (C/A) data and the GDP expenditure breakdown will be in focus when the South African Reserve Bank (SARB) releases its Quarterly Bulletin on 18 June.Despite weaker oil prices in Q1, a limited C/A...

Bank Indonesia is expected to keep the BI rate unchanged in June

Jun 16, 2015 22:59 pm UTC| Commentary

Bank Indonesia (BI) will hold its monthly policy meeting on 18 June. BI is expected to keep the BI rate at 7.50%, the BI overnight deposit facility (FASBI) rate at 5.75%, and the BI overnight lending facility (repo) rate...

New Zealand Q1 GDP growth likely remained robust at 0.8% q/q

Jun 16, 2015 22:33 pm UTC| Commentary

Statistics New Zealand is scheduled to release Q1-2015 GDP data on 18 June. GDP growth is expected to have remained robust at 3.3% y/y (0.8% q/q), slightly slower than the 3.5% y/y growth in Q4-2014.A further drop in dairy...

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Economy

Asian Currencies Steady as Markets Await U.S. Inflation Data

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Singapore Raises 2026 GDP Growth Forecast to 4.5%-5.5% as AI Boom Fuels Economy

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Politics

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FCC Steps Up China Tech Crackdown as Beijing Pushes Back

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Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

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Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

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SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

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Trump Administration Releases New UFO Files and Apollo Mission Records

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Technology

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

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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...

SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...

Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...
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