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U.S. under Trump Series: Tense situation at southern border as migrant caravan approaches U.S.

Nov 26, 2018 12:31 pm UTC| Commentary

Tensions are rising at the United States southern border with Mexico, as the migrant caravan of thousands of people from central America is approaching the U.S. border, with some even trying to cross the fence, while some...

New Zealand retail sales remain flat in Q3 2018, consumption growth likely to remain moderate

Nov 26, 2018 12:17 pm UTC| Commentary

The New Zealand retail sales volume came in softer than expected in the third quarter. Sales remained the same in the quarter, as compared with the expectations of a rise of 1 percent quarterly. The quarter incorporates a...

Oil in Global Economy Series: OPEC cuts likely to fail to boost oil price thanks to USA

Nov 26, 2018 12:09 pm UTC| Commentary

As the price of oil decline sharply over the last two months, triggering one of the sharpest sentiment reversals since the Great Recession of 2008-09, the Organization of Petroleum Exporting Countries (OPEC) are once again...

Global geopolitical Series: Tensions spark in Kerch Strait as Russia seizes Ukrainian Naval ships after firing shots

Nov 26, 2018 11:30 am UTC| Commentary

A fresh round of tensions sparked between Russia and Ukraine over maritime access to the Sea of Kiev through Kerch Strait. The weekend saw the worst confrontation between the two neighbors since Russias annexation of...

UK gilts trade downside ahead of BoE Governor Carney’s speech amid Brexit uncertainties

Nov 26, 2018 11:30 am UTC| Commentary Economy

The United Kingdoms gilts took a downturn during Mondays afternoon session ahead of the Bank of England (BoE) Governor Mark Carneys speech, scheduled to be held later today and amid Brexit uncertainties still making...

German bunds plunge despite lower-than-expected Ifo business climate index; ECB President Dragih's speech eyed

Nov 26, 2018 10:47 am UTC| Commentary Economy

The German bunds plunged during European session Monday after investors have largely shrugged-off the lower-than-expected Ifo business climate index for the month of November, released today. Investors will now be...

Singapore’s October industrial production rebounds to highest since July, better than market expectations

Nov 26, 2018 09:35 am UTC| Commentary Economy

Singapores industrial production rebounded 4.3 percent y/y (2.0 percent m/m sa) in October, compared to -0.1 percent y/y (-4.7 percent m/m sa) in September. This is better than the 0.7 percent y/y (0.5 percent m/m sa) that...

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Economy

US-India Trade Bombshell: Tariffs Slashed to 18% — Rupee Soars, Sensex Explodes

Announced on February 2, 2026, the US-India commerce deal offers Indian exports significant tariff relief. From 25% to 18%, US reciprocal tariffs on Indian goods have been cut; the extra 25% punitive tariff connected with...

India Services Sector Rebounds in January as New Business Gains Momentum: HSBC PMI Shows Growth

Indias dominant services sector showed a strong rebound in January after slipping to an 11-month low in December, supported by a rise in new business activity, according to the latest HSBC India Services Purchasing...

Asian Currencies Trade Sideways as Dollar Stabilizes, Yen Weakens Ahead of Japan Election

Most Asian currencies traded within a narrow range on Wednesday as the U.S. dollar steadied following a strong rebound over the past week, while the Japanese yen underperformed amid growing political uncertainty ahead of a...

Australia’s Corporate Regulator Urges Pension Funds to Boost Technology Investment as Industry Grows

Australias corporate regulator has warned the countrys rapidly expanding pension fund industry that it must significantly increase investment in systems, technology, and governance to safeguard its future and avoid...

Trump Administration Sued Over Suspension of Critical Hudson River Tunnel Funding

New York and New Jersey have filed an emergency lawsuit against the Trump administration, seeking to restore federal funding for the $16 billion Hudson River tunnel project, a critical piece of U.S. transportation...

Politics

Ukraine-Russia Peace Talks in Abu Dhabi Show Cautious Progress Amid Ongoing Fighting

Ukrainian and Russian officials concluded what Kyiv described as a productive first day of new U.S.-brokered peace talks in Abu Dhabi, even as intense fighting continued across Ukraine in Europes largest conflict since...

Trump Intelligence Office Probes Puerto Rico Voting Machines Amid Election Security Concerns

A team working under U.S. Director of National Intelligence Tulsi Gabbard carried out a previously unreported investigation into Puerto Ricos electronic voting machines last spring, according to her office and multiple...

UN Warns of Growing Nuclear Risks as New START Treaty Expires

United Nations Secretary-General Antonio Guterres has issued a stark warning following the expiration of the New START Treaty, calling it a grave moment for international peace and global security. The landmark nuclear...

U.S.–Iran Nuclear Talks Scheduled in Oman as Diplomatic Efforts Resume

The United States and Iran are set to resume diplomatic engagement this Friday as officials from both countries prepare for nuclear talks in Muscat, the capital of Oman. A U.S. official confirmed on Wednesday that the...

Illinois Joins WHO Global Outbreak Network After U.S. Exit, Following California’s Lead

Illinois will join the World Health Organizations Global Outbreak Alert and Response Network (GOARN), marking a significant public health move following the United States official withdrawal from the WHO last month....

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links

Shares of Tencent Holdings (HK:0700) fell sharply on Wednesday after its popular messaging platform WeChat blocked certain promotional links related to YuanBao, the companys artificial intelligence chatbot. The move...

Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies

Nvidia is reportedly nearing a major investment deal with OpenAI, signaling a significant development in the global artificial intelligence landscape. According to sources cited by Reuters, the chipmaking giant is in...

Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate

Artificial intelligence startup Anthropic is reportedly preparing a major secondary share sale that would allow some employees to sell shares at a valuation of at least $350 billion, according to a recent Bloomberg report....

AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock

Advanced Micro Devices (AMD) delivered a solid quarterly earnings beat, topping Wall Street expectations on both revenue and profit, yet its stock slipped in extended trading after the company projected a sequential...

Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns

Nintendo shares fell sharply on Wednesday after the Japanese gaming giant reported weaker-than-expected fiscal third-quarter results, intensifying investor concerns over profitability and margins tied to its highly...
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