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Gold eases as greenback holds firm amid U.S. election concerns

Nov 06, 2020 07:35 am UTC| Commentary

Gold prices declined after surging by more than 2 percent in the previous session, as the dollar gained, but was set for its best week since late July on hopes for more central bank economic support as investors bet on a...

Thai core inflation continues to ease in October, price pressures likely to remain soft

Nov 05, 2020 14:01 pm UTC| Commentary

Thai headline inflation came in less negative in the month of October, aided by higher raw food inflation and easing energy deflation. On the contrary, core inflation decelerated to its softest in four months. Thai...

Gold rallies as Biden inches closer to White House

Nov 05, 2020 07:33 am UTC| Commentary

Gold prices surged as investors were cautiously optimistic Democrat Joe Biden would edge past President Donald Trump in a tight race to the White House, boosting hopes of more economic stimulus. However, chances of a...

Gold declines as greenback steady amid U.S. election uncertainty

Nov 04, 2020 07:49 am UTC| Commentary

Gold prices slumped as the dollar strengthened as the incoming U.S. election results indicated that the race is tighter than expected. Spot gold declined 0.8 percent to $1,894.21 per ounce by 0738 GMT, having hit a high...

Singaporean manufacturing and electronics PMI indices rise in October

Nov 03, 2020 15:40 pm UTC| Commentary

Singaporean manufacturing and electronics PMI indices rebounded further in the month of October. The manufacturing PMI index rose 0.2 points to 50.5, while the electronics PMI index rose 0.1 points to 51. These marked the...

Swedish economy likely to have rebounded sharply in Q3 2020

Nov 03, 2020 13:07 pm UTC| Commentary

Swedish economic growth data for the third quarter is set to release this week. According to a Nordea Bank research report, the GDP is likely to have rebounded sharply in the September quarter. In the previous quarter, GDP...

Gold eases as investors await the U.S. elections

Nov 03, 2020 07:56 am UTC| Commentary

Gold prices declined after rising nearly 1 percent in the previous session, as caution set in ahead of the U.S presidential elections. Spot gold was trading 0.3 percent down at $1,889.24 per ounce by 0734 GMT, having...

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Economy

Gold Prices Rise as Oil Slump Eases Fed Rate Hike Fears

Gold prices climbed on Tuesday as a sharp decline in oil prices eased inflation concerns and reduced expectations for additional Federal Reserve interest rate hikes. A softer U.S. dollar and renewed hopes for diplomacy...

Oil Prices Rise as U.S.-Iran Talks Fuel Diplomacy Hopes

Oil prices moved higher in Asian trading on Tuesday, snapping a four-session losing streak as investors assessed the possibility of renewed U.S.-Iran talks during this weeks United Nations General Assembly in New York....

Vietnam, US Trade Deal Could Be Signed Soon, To Lam Says

Vietnam and the United States have made positive progress in negotiations toward a new trade agreement, with a deal potentially ready to be signed soon, Vietnamese leader To Lam said, according to a government statement...

Canada Unveils Bill to Fast-Track Major Resource Projects

Canada unveiled draft legislation on Monday aimed at accelerating approvals for major natural resource and infrastructure projects, as Prime Minister Mark Carney seeks to strengthen economic growth and reduce the countrys...

Yen Weakens as Dollar Gains on Widening US-Japan Rate Gap

The Japanese yen remained under pressure against a firm U.S. dollar on Tuesday as traders focused on the widening interest rate gap between Japan and other major economies following a hawkish shift among global central...

Politics

Macron, Trump Discuss Ukraine-Russia Energy Strike Moratorium

French President Emmanuel Macron said Monday that he discussed potential measures with U.S. President Donald Trump aimed at securing a moratorium on energy-related attacks between Ukraine and Russia, as diplomatic efforts...

Burnham Eyes UK Leadership Role in AI Ahead of Trump Meeting

British Prime Minister Andy Burnham will push for the UK to take a global leadership role in artificial intelligence on Tuesday as he makes his first major appearance on the international diplomatic stage at the United...

US Plans Two New Military Bases in Greenland Under Arctic Deal

The United States plans to expand its military presence in Greenland by reopening a Cold War-era base in the south and establishing operations at another site on the islands east coast, according to people familiar with a...

US, Denmark and Greenland Set to Sign Arctic Security Deal

Denmark, Greenland and the United States are set to sign a new Greenland security agreement on Tuesday that could expand the US military presence while placing broader Arctic security under NATO oversight. The signing is...

UK, Mauritius Seek Diego Garcia Base Deal

British Prime Minister Andy Burnham has pledged to work with Mauritius and the United States to resolve the dispute surrounding the strategically important Diego Garcia military base in the Indian Ocean. Burnham spoke with...

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

US Northeast Airports Resume Operations After Telecom Outage Disrupts Thousands of Flights

US airport operations across the Northeast began returning to normal on Monday after crews repaired telecommunications problems that had disrupted air traffic and contributed to thousands of flight delays and cancellations...

OpenAI Urges US-Led Global Standards for Frontier AI

OpenAI is calling for the United States to lead an international effort to establish technical standards for advanced artificial intelligence, as concerns grow over increasingly capable AI systems and the prospect of...

Meta Partners With Shopify to Bring Shop Pay Checkout to Muse AI

Meta Platforms CEO Mark Zuckerberg announced a new partnership with Shopify aimed at bringing agentic shopping and checkout capabilities to Metas recently launched Muse artificial intelligence platform. Zuckerberg said...

SoftBank Launches $11 Billion Bond Sale to Fund OpenAI Investment

SoftBank Group Corp. has launched a major bond offering worth $10 billion and 1 billion to finance its latest investment in OpenAI, according to a term sheet released Monday. The Japanese technology investment group is...

Trump Plans Federal AI Force and AI Czar

U.S. President Donald Trump said Saturday that he plans to create a federal AI Force and appoint an artificial intelligence czar, outlining an effort to accelerate U.S. AI development while using existing laws to address...
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