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Fitch: Indonesian Property Presales Fell Sharply in 3Q15

Nov 23, 2015 01:04 am UTC| Research & Analysis

The consolidated marketing sales for seven major Indonesian property developers fell by a steep 59% yoy in 3Q15. This is because domestic demand for housing remained weak, which led to developers putting off a number of...

Fitch: Crude Palm Oil Prices to Stay Low; Risks Rise for Asian Operators

Nov 23, 2015 00:57 am UTC| Research & Analysis

Fitch Ratings says in a new report that it expects crude palm oil (CPO) prices to stagnate between USD600 and USD625 per tonne during the next 12 months, which will raise financial risks for Asian producers. CPO prices...

Moody's: Most Australian corporates to see modest earnings growth in 2016, but pressures remain

Nov 22, 2015 22:58 pm UTC| Research & Analysis

Moodys Investors Service says that most non-financial corporates it rates in Australia (Aaa stable) will see modest earnings growth in 2016, but that the continued slowdown in Chinas (Aa3 stable) economy will pressure the...

Is the antibiotic apocalypse nigh?

Nov 21, 2015 00:10 am UTC| Research & Analysis

Michael Loughlin, Senior lecturer, Nottingham Trent University Researchers in China recently found E.coli bacteria that are resistant to the antibiotic colistin, often called the antibiotic of last resort. While experts...

Fitch: India Wage Bill Will Challenge Fiscal Consolidation Plans

Nov 20, 2015 06:29 am UTC| Research & Analysis

A recommended 23.55% increase in remuneration for Indias central government employees, if fully implemented, would have a significant impact on the governments wage bill, and add to challenges the government faces in...

Fitch: Latam Economies Diverge as Political, Inflation, Rate Risks Creep Up

Nov 19, 2015 08:54 am UTC| Research & Analysis

Macroeconomic differences among Latin American countries are becoming more pronounced as continued deceleration and advancing political, inflationary and interest rate risks take their toll, according to Fitch...

Fitch: Oil India's Net Price More Stable After New Subsidy-Sharing Scheme

Nov 19, 2015 01:35 am UTC| Research & Analysis

Fitch Ratings says Indias new subsidy-sharing framework for kerosene and liquefied petroleum gas (LPG) provides the two state-controlled upstream producers, Oil India Limited (OIL, BBB-/Stable) and Oil and National Gas...

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Economy

China’s ‘Lipstick King’ Says AI Won’t Replace Livestream Hosts

Chinas livestream shopping industry is entering a slower phase, but Li Jiaqi, the influential presenter known as the Lipstick King, believes artificial intelligence will complement rather than replace human hosts. Li, who...

Oil Prices Ease as Iran Tensions Clash With Diplomacy Hopes

Oil prices fell during Asian trading on Thursday, giving back some of the previous sessions gains as investors assessed escalating U.S.-Iran tensions alongside signs that diplomatic efforts could still ease the conflict....

Japan Private-Sector Growth Slows as Domestic Demand Weakens

Japans private-sector growth lost momentum in September as weaker domestic demand slowed new orders across manufacturing and services, according to preliminary SP Global purchasing managers index data released Thursday....

South Korea, US Discuss Warship Building Cooperation

South Korean President Lee Jae Myung discussed expanding cooperation with the United States on warship construction during a meeting with U.S. President Donald Trump on Wednesday, according to South Koreas presidential...

Russian Envoy Dmitriev Heads to US for Ukraine Talks

Russian presidential envoy Kirill Dmitriev is traveling to the United States for talks with Trump administration representatives, including Steve Witkoff and Jared Kushner, as Washington and Moscow continue diplomatic...

Politics

Ghana Says Western Support Growing for Slave Trade Reparations

Ghana says Western support is increasing for its campaign seeking reparations for the trans-Atlantic slave trade, with the initial effort focused on securing the return of African artifacts taken during the colonial era....

Sudan Rejects US Legitimacy Remarks, Defends Sovereignty

Sudan on Wednesday defended its national sovereignty and urged the United States to engage constructively with its government after Washington questioned the legitimacy of the countrys warring authorities. The dispute...

US Invites Putin to Miami G20, Opening Door to Trump Summit

The United States has invited Russian President Vladimir Putin to attend the G20 summit in Miami, Florida, in December, potentially creating an opportunity for another meeting with U.S. President Donald Trump. U.S....

US Officials Split Over Response to Israeli West Bank Settlements

A proposed U.S. statement criticizing the UK, France and Canada over restrictions on imports from Israeli settlements in the occupied West Bank was ultimately shelved amid disagreements within the Trump administration,...

Europe Warns Russia Is Escalating Hybrid Attacks Across NATO

European officials have warned that Russia is intensifying hybrid attacks across Europe, including cyberattacks, sabotage and airspace violations, in an effort to weaken Western support for Ukraine. Speaking during the UN...

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

Meta Unveils Muse Charm AI Device, Expands Smart Glasses Lineup

Meta Platforms (NASDAQ: META) unveiled a palm-sized device designed specifically for its Muse artificial intelligence agent on Wednesday, alongside an expanded lineup of smart glasses and new AI capabilities. CEO Mark...

SoftBank Raises $11.1 Billion in Bond Sale to Fund OpenAI Investment

SoftBank Group has raised $11.1 billion through a major dollar- and euro-denominated bond offering as the Japanese technology investment giant builds up cash to finance its expanding artificial intelligence investments,...

Meta Connect Spotlights Camera-Free Smart Glasses Amid Privacy Concerns

Meta Platforms opened its annual Connect conference on Wednesday, with the technology giant expected to introduce new smart glasses as it seeks to expand its lead in AI-powered wearable devices while addressing mounting...

Anthropic’s Claude Discovers CRISPR-Like Enzyme System

Anthropic has launched a new life sciences research group and laboratory focused on fundamental biology, with its Claude AI model already contributing to the discovery of a previously unknown enzyme system that shares...

Microsoft Stock Upgraded as Stifel Sees Stronger Azure Growth

Stifel upgraded Microsoft (NASDAQ: MSFT) to Buy from Hold and lifted its price target to $575 from $530, citing stronger confidence in the technology giants ability to maintain mid-to-upper-teens revenue growth. Analysts...