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Sun, May 10, 2026 02:55 AM All times are UTC

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Chinese economic activity continues to rebound in October, GDP likely to grow 5.5 pct in Q4 2020

Nov 16, 2020 14:22 pm UTC| Commentary

Chinese economic activity data continued to show improvement in October, bolstering the view that the GDP will grow above 5.5 percent year-on-year in the fourth quarter, noted ANZ in a research report. Consumption growth...

Malaysian economic growth rebounds in Q3 2020 on household consumption, exports

Nov 13, 2020 15:55 pm UTC| Commentary

Malaysian third quarter GDP saw a stellar recovery in the September quarter, owing to household consumption and exports. On a quarter-on-quarter basis, the GDP grew 18.2 percent, as compared with market expectations of a...

Gold steadies amid concerns over rising virus cases

Nov 11, 2020 07:49 am UTC| Commentary

Gold prices rose, supported by a softer dollar, while concerns about surging COVID-19 cases in the United States and logistical challenges over the mass roll-out of a potential vaccine further bolstered the safe-haven...

Danish headline inflation eases in October, likely to reach 0.8 pct in 2021

Nov 10, 2020 14:57 pm UTC| Commentary

Denmarks inflation eased to 0.4 percent year-on-year in October from Septembers 0.6 percent. In spite of the fall, Danish inflation remains above the euro area a pattern that is expected to continue into next year, stated...

U.K. jobless rate rises to 4.8 pct in Q3 2020, labor market likely to deteriorate further in months ahead

Nov 10, 2020 13:06 pm UTC| Commentary

The U.K. labor market deteriorated further, according to the latest monthly ONS report. In the three months to September, the level of employment dropped 164k in the third quarter, driven by a record quarterly rise in...

Gold recovers from previous day slide on stimulus hopes

Nov 10, 2020 07:30 am UTC| Commentary

Gold prices surged after falling as much as 5.2 percent in the previous session, as hopes of more U.S. stimulus measures to cushion the impact of rising COVID-19 cases nudged investors towards the precious metal. Spot...

Gold at multi-week peaks as dollar slumps after Biden clinches U.S. presidency

Nov 09, 2020 07:42 am UTC| Commentary

Gold prices surged to an over 1-1/2 month peak, boosted by a weaker dollar and hopes of more stimulus measures under U.S. President-elect Joe Biden. Spot gold rose 0.3 percent to $1,956.02 per ounce by 0718 GMT, having...

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Economy

S&P 500, Nasdaq Hit Record Highs as AI Stocks Rally and Strong Jobs Data Boost Confidence

The SP 500 and Nasdaq closed at fresh record highs on Friday as investors poured into AI-related stocks and welcomed stronger-than-expected U.S. jobs data, reinforcing confidence in the resilience of the American economy....

Dollar Slips as Strong U.S. Jobs Data Reduces Fed Rate Cut Expectations

The U.S. dollar weakened on Friday after stronger-than-expected April jobs data reduced speculation about potential Federal Reserve interest rate cuts. Investor sentiment also improved after President Donald Trump stated...

European Stocks Fall as US-Iran Conflict Rekindles Energy Supply Fears

European stock markets closed lower on Friday as renewed military tensions between the United States and Iran rattled investor confidence and intensified concerns about global energy supplies. The escalating conflict...

Gold Prices Rise as Weaker Dollar and Iran Ceasefire Hopes Boost Safe-Haven Demand

Gold prices climbed on Friday and were set for a strong weekly gain as the U.S. dollar weakened following the latest U.S. jobs report. Investors also turned to safe-haven assets amid ongoing tensions in the Middle East and...

Oil Prices Rise Amid Strait of Hormuz Tensions and U.S.-Iran Ceasefire Uncertainty

Global oil prices climbed Friday as escalating tensions in the Strait of Hormuz continued to disrupt energy markets, despite U.S. President Donald Trump insisting that the ceasefire between Washington and Tehran remains...

Politics

Trump Reportedly Approves Plan to Remove FDA Commissioner Marty Makary Amid Growing Controversies

President Donald Trump has reportedly approved a plan to remove U.S. Food and Drug Administration (FDA) Commissioner Marty Makary, according to sources familiar with discussions inside the White House. While officials say...

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...

US Revises UN Resolution on Iran Strait of Hormuz Attacks Amid Russia-China Opposition

The United States has revised its proposed United Nations Security Council resolution calling on Iran to stop attacks and mining activities in the Strait of Hormuz, but diplomats say the changes are unlikely to prevent...

Judge Delays SEC Settlement With Elon Musk Over Twitter Stock Disclosure Case

A federal judge has declined to immediately approve a proposed $1.5 million settlement between Elon Musk and the U.S. Securities and Exchange Commission (SEC) tied to Musks 2022 Twitter stock purchase disclosures. The...

U.S., South Korea Launch Shipbuilding Partnership Initiative

The United States Department of Commerce and South Koreas Ministry of Trade, Industry and Energy (MOTIE) have signed a new Memorandum of Understanding (MOU) to strengthen bilateral cooperation in the global shipbuilding...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Broadcom Eyes $35 Billion AI Chip Financing Deal With Apollo and Blackstone

Broadcom Inc. is reportedly in discussions with Apollo Global Management and Blackstone Inc. to secure around $35 billion in financing for its expanding artificial intelligence chip business, according to a Bloomberg...

Dell Stock Hits Record High After Trump Endorsement, AI Server Demand Fuels Rally

Dell Technologies Inc. (NYSE: DELL) surged to an all-time high on Friday after receiving a public endorsement from President Donald Trump during a White House event. The president encouraged Americans to go out and buy...

TikTok Nears $400 Million Settlement With Trump Administration Over Child Privacy Lawsuit

TikTok and the Trump administration are reportedly close to reaching a $400 million settlement tied to allegations that the popular video-sharing platform violated U.S. child privacy laws. According to ABC News, the...

Trump Invites Top CEOs Including Nvidia, Apple, Boeing to China Summit With Xi Jinping

The Trump administration has reportedly invited executives from some of Americas largest corporations to join President Donald Trump on his upcoming trip to China next week, according to a Semafor report. The visit is...

CoreWeave Q1 2026 Revenue Surges as AI Infrastructure Demand Grows

CoreWeave reported mixed first-quarter 2026 earnings on Thursday, posting massive revenue growth driven by rising demand for artificial intelligence infrastructure, while widening losses reflected aggressive expansion...