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Mon, Oct 12, 2026 05:50 PM All times are UTC

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Schulz fuels fears for a Grexit

Jun 15, 2015 10:43 am UTC| Commentary

In May EUR-USD ranged between 1.0819 and 1.1468 (according to EBS). At the current level of 1.1216 the exchange rate remains in the upper end of this range - despite the fact that the risk of a Grexit has no doubt risen....

Indonesia posted trade surplus of USD950mn in May

Jun 15, 2015 10:33 am UTC| Commentary

Indonesias trade surplus reached USD950mn in May, much larger than expected. The larger trade surplus is result of sharply weaker imports, even as the export contraction remained wide.The improvement in imports was...

Singapore's retail sales shows recovery in April

Jun 15, 2015 10:23 am UTC| Commentary

April retail sales of Singapore came in slightly weaker than expectations, with ex-autos sales remaining in negative territory on a y/y basis - albeit easing to -0.7% from -3.2% in March. Car sales remained strong, up...

Expectation of high availability pushes soybean price to 5-year low

Jun 15, 2015 10:02 am UTC| Commentary

Soybeans in a front-month contract are trading at below $9 per bushel this morning for the first time since July 2010. The changes made to the US Department of Agriculture forecasts last Wednesday offer little in the way...

ICO forecasts deficit of 8 million bags on the global coffee market in 2014/15

Jun 15, 2015 09:57 am UTC| Commentary

The International Coffee Organization (ICO) is now predicting a deficit of at least 8 million bags on the global coffee market in 2014/15, which is somewhat higher than its previously published estimates. Weeks ago, the...

Financial investors increasingly skeptical about gold

Jun 15, 2015 09:51 am UTC| Commentary

Gold is still trading at around $1,180 per troy ounce as the new week gets underway and is thus continuing to ignore the ever escalating debt crisis in Greece.New negotiations between the Greek government and the EU at the...

Oil rig count in US fell for 27th week running

Jun 15, 2015 09:46 am UTC| Commentary

Oil prices are beginning the new week of trading down, Brent falling to $63.5 per barrel and WTI dipping below $60 per barrel. The reason for the downswing is the ongoing oversupply: according to the IEA, OPEC is currently...

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Economy

European Stocks Rise as Oil Prices Fall Ahead of US CPI

European stock markets edged higher on Monday as falling oil prices supported investor sentiment, while uncertainty surrounding geopolitical developments and upcoming corporate earnings kept gains modest. The pan-European...

Oil Prices Fall as Trump Ceasefire Claim Shifts Market Focus to U.S. CPI

Oil prices declined on Monday after U.S. President Donald Trump announced an immediate energy ceasefire between Russia and Ukraine, while investors awaited key U.S. inflation data and corporate earnings amid ongoing Middle...

European Auto Stocks Rise as EU-China Trade Deal Targets Hybrid Imports

European automaker stocks climbed on Monday after the European Union and China reached a preliminary trade agreement aimed at significantly reducing Chinese hybrid vehicle exports to Europe over the next four years....

S&P 500 Rally Masks Losses for Over 40% of Stocks in 2026

The SP 500 rally in 2026 has pushed the benchmark index up 14% to record highs, but gains remain heavily concentrated among artificial intelligence (AI) and semiconductor stocks, leaving more than 40% of its constituents...

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...

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

Arthur Hayes Announces FLOP Testnet Launch Within Weeks

BitMEX co-founder Arthur Hayes has announced that Flop Labs plans to launch its FLOP testnet within weeks, introducing a blockchain network designed to support artificial intelligence (AI) computing. The upcoming 90-day...

Samsung, SK Hynix Shares Fall as China's CXMT Advances DRAM Technology

Shares of South Korean semiconductor giants Samsung Electronics and SK Hynix dropped more than 3% on Monday after Chinese memory chipmaker ChangXin Memory Technologies (CXMT) announced progress in advanced DRAM 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...