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Mon, Dec 22, 2025 11:29 PM All times are UTC

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Euro area construction output drops sequentially in March, rises year-on-year

May 17, 2017 22:17 pm UTC| Commentary Economy

The seasonally adjusted production in the euro area construction sector dropped in March on a sequential basis. The construction output fell 1.1 percent, showed the first estimate from Eurostat. On a year-on-year basis,...

Singapore NODX surprisingly falls in April on non-electronics exports, likely to grow 0-2 pct in 2017

May 17, 2017 20:11 pm UTC| Commentary Economy

Singapores NODX surprisingly drops 0.7 percent year-on-year and 9 percent sequentially in April. This is the first drop since October 2016 and compared to the March performance of 16.5 percent year-on-year rise and 1.1...

U.K. household finances continue to stay under great pressure

May 17, 2017 18:28 pm UTC| Commentary Economy

The seasonally adjusted household finance index of the U.K. hinted that the squeeze on U.K. consumers continued in May. Furthermore, the extent of pressure on the financial wellbeing was amongst the sharpest seen for...

Australian wage growth likely to stay subdued for some time

May 17, 2017 17:01 pm UTC| Commentary Economy

The WPI data are widely in line with market expectations and imply that wage growth is stabilizing, although at low levels. The wage price index, stripping bonuses, rose 0.5 percent sequentially and is up 1.9 percent...

UK's weakening wage trend adds to fears of slowdown in economic growth

May 17, 2017 11:25 am UTC| Insights & Views Economy

UK ILO labour market figures for the 3 months to March released today showed that UKs unemployment rate resumed its move lower, dipping to 4.6 percent, a new post-crisis low. Data was better than market expectations which...

UK gilts bounce despite fall in March unemployment rate; investors eye April retail sales

May 17, 2017 10:26 am UTC| Commentary Economy

The UK gilts sharply bounced Wednesday despite a fall in the countrys unemployment rate for the month of March. Further, the release of retail sales, due on May 18, will provide further direction to the debt market. The...

German bunds gain slightly after Eurozone’s April core CPI matches expectations; ECB President Draghi’s speech in focus

May 17, 2017 09:33 am UTC| Commentary Economy

The German bunds slightly gained on Wednesday after reading the Eurozones consumer price inflation index (CPI) for the month of April, released today that matched consensus estimates. Investors are all looking forward to...

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Economy

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise

The U.S. dollar edged lower on Monday after posting modest gains last week, as cautious market sentiment and rising geopolitical tensions weighed on risk appetite. Currency markets remained largely subdued in Asia, showing...

Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks

U.S. coffee drinkers hoping for cheaper coffee after President Donald Trump rolled back key import tariffs are likely to be disappointed. While the tariff reductions removed duties on hundreds of food items, including...

UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile

The British economy recorded modest growth in the third quarter of 2025, expanding by 0.1% between July and September, according to the latest confirmation from the Office for National Statistics (ONS). The final GDP...

German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025

German exports to the United States recorded a significant downturn in 2025, underscoring the lasting impact of U.S. trade policies on Europes largest economy. According to a study cited by Reuters, German car exports to...

Politics

Trump Appoints Jeff Landry as Greenland Envoy, Sparking Diplomatic Backlash from Denmark

U.S. President Donald Trump has reignited international controversy by appointing Louisiana Governor Jeff Landry as his special envoy to Greenland, a move that has drawn sharp criticism from both Denmark and Greenland. The...

Netanyahu to Raise Iran Nuclear Concerns in Upcoming Meeting With Trump

Israeli Prime Minister Benjamin Netanyahu said he will discuss Irans nuclear activities and regional security challenges during his visit next week to Washington, where he is scheduled to meet U.S. President Donald Trump....

US Coast Guard Intensifies Operations Against Venezuelan Oil and Drug Trafficking Networks

The United States Coast Guard has significantly expanded its maritime operations targeting vessels allegedly involved in drug trafficking and the transportation of Venezuelan crude oil, as part of a broader strategy to...

Kremlin Rejects U.S. Intelligence Claims on Putin’s Alleged Plans to Expand War Beyond Ukraine's

The Kremlin has firmly rejected claims attributed to U.S. intelligence suggesting that Russian President Vladimir Putin intends to seize all of Ukraine and potentially reclaim parts of Europe that were once under Soviet...

Trump Appoints Louisiana Governor Jeff Landry as Special Envoy to Greenland

U.S. President Donald Trump announced on Sunday that Louisiana Governor Jeff Landry has been appointed as a special envoy to Greenland, a move that has reignited global attention on the strategic Arctic territory and its...

Science

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...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...