Menu

Search

CAD review

May 29, 2015 15:41 pm UTC| Commentary

Western Union:A surprisingly poor start to the year for Canadas economy weighed on the loonie and lobbed it back toward six-week lows.The northern economy slammed on the brakes in Q1 when growth contracted 0.6 percent...

JPY review

May 29, 2015 15:41 pm UTC| Commentary

Western Union:The yen may have recovered slightly from 12-year lows, but it remains at highly affordable levels for JPY buyers. The yen got escorted away from late 2002 lows after Japans finance chief took some exception...

GBP review

May 29, 2015 15:40 pm UTC| Commentary

Western Union:Sterling-denominated bills are markedly more affordable now than a mere two weeks ago. Sterling has depreciated more than five cents over that span, amounting to meaningful savings for customers that astutely...

EUR review

May 29, 2015 15:40 pm UTC| Commentary

Western Union:The euro pushed above one-month lows against the greenback, benefiting from month-end book balancing and hopes that Greece would eventually secure much needed rescue cash to keep fiscally afloat and a member...

Fed getting ready for lift-off in September

May 29, 2015 15:21 pm UTC| Commentary

Slack in U.S labour market has been reduced substantially and is not far from being fully used up. Wage inflation is starting to pick up on certain measures and indicators of wage pressure, such as job openings and the...

Brazil Q1 15 real GDP better than expected, inventories build up help

May 29, 2015 14:57 pm UTC| Commentary

Q1 15 real GDP came in better than expected, helped by a meaningful inventories build up (+0.8% q/q sa). Without inventories, Q1 real GDP would have contracted -1.0% q/q sa. In addition to that, there was a positive net...

Second estimate of Q1 US GDP modestly better than expected

May 29, 2015 13:57 pm UTC| Commentary

Second estimate of Q1 US GDP fell 0.7% q/q saar, versus consensus (-0.9%) expectations for a larger downward revision. The composition of the revisions was largely as expected, with net trade dragging growth lower by 1.9pp...

  5571 5572 5573 5574 5575 5576 5577 5578 5579 5580   

Economy

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

Asian currencies and the U.S. dollar traded in narrow ranges on Tuesday as investors stayed cautious ahead of key U.S. inflation data that could influence expectations for the Federal Reserves interest-rate outlook. The...

Asian Stocks Mixed as RBA Holds Rates, Oil Risks Rise

Asian stocks traded mixed on Tuesday as gains in South Korea and Singapore offset weakness across several regional markets. Investors assessed the Reserve Bank of Australias latest interest rate decision while monitoring...

Oil Prices Rise as US-Iran Talks Stall, Inflation Risks Grow

Oil prices climbed on Tuesday as stalled U.S.-Iran peace negotiations and uncertainty over reopening the Strait of Hormuz renewed concerns about global energy supplies. Asian stock markets, meanwhile, traded cautiously as...

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

Singapore has sharply upgraded its 2026 economic growth forecast, citing stronger global artificial intelligence investment, resilient external demand and a less severe economic impact from the Middle East conflict than...

Gold Price Hits Two-Month High as Investors Await US Inflation Data

Gold prices extended their rally on Tuesday, climbing to their highest level in more than two months as strong investor demand, safe-haven buying and bullish momentum outweighed pressure from higher U.S. Treasury yields, a...

Politics

Ukraine Accuses Russia of Systematic Torture of POWs and Civilian Detainees

Former Ukrainian detainees and government officials have accused Russia of widespread and systematic torture of Ukrainian prisoners of war and civilian detainees, alleging beatings, electric shocks, sexual violence and...

Houthi Attack on Yemen’s Mocha Port Kills 7, Injures 30

At least seven people were killed and 30 others wounded after Houthi forces launched a major attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. The military said in a statement early Monday that...

Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow

Trump Media Technology Group said Monday that more than 10 customers have signed up for its upcoming Truth API, a real-time data service designed to provide rapid access to posts from prominent Truth Social accounts,...

Trump Secretly Switched Planes in Turkey After Iran Threat, Report Says

U.S. President Donald Trump secretly switched to a smaller military aircraft while leaving Turkey last month due to a potential Iranian security threat, according to a Washington Post report published Monday. Trump had...

FCC Steps Up China Tech Crackdown as Beijing Pushes Back

The U.S. Federal Communications Commission (FCC) has emerged as a key force in the Trump administrations technology and national security strategy toward China, expanding its role far beyond traditional oversight of...

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

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

Anthropic has reportedly signed a $9.1 billion long-term agreement with Riot Platforms (NASDAQ: RIOT) to secure large-scale AI computing capacity, marking another major investment by the Claude developer as demand for...

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...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.