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UK gilts gain strength after BoE Governor Carney remains unsure over Brexit talk results

Jun 20, 2017 10:37 am UTC| Commentary Economy

The UK gilts gained strength Tuesday after the Bank of England (BoE) Governor Mark Carney remained uncertain in his speech delivered today, over the results of the Brexit talks. Also, the countrys 30-year auction, due on...

Eurozone periphery bonds gain on safe-haven demand ahead of German 30-year auction

Jun 20, 2017 09:35 am UTC| Commentary Economy

The Eurozone periphery bonds gained as investors poured into safe-haven assets ahead of the benchmark German 30-year auction, scheduled to be held on June 21. Also, the countrys manufacturing PMI for the month of June, due...

Polish GDP likely to accelerate to 3.3 pct in 2017 on recovery in investment, says Fitch Ratings

Jun 20, 2017 08:28 am UTC| Commentary Economy

Fitch Ratings expects Polish GDP growth to accelerate to 3.3 percent in 2017 from 2.7 percent in 2016, driven by continuing rapid increases in consumption and a recovery in investment from low levels in 2016. Household...

Global Geopolitics Series

Global Geo-political Series: Tensions likely to escalate as U.S. student returned by North Korea dies

Jun 20, 2017 06:54 am UTC| Commentary Economy

The Geopolitical tensions between the United States and North Korea are likely to escalate as the student who was returned by North Korea in a coma died in the hospital. Otto Warmbier, an American student who was detained...

USD/INR likely to trade in 64-65 range in the near-term, says Scotiabank

Jun 20, 2017 06:43 am UTC| Commentary Economy

The USD/INR currency pair is expected to trade in a range of 64-65 in the near term; an excessive strength of the INR is not favourable as it could weigh on Indias export competitiveness, even though India is not an...

New Zealand bonds close lower ahead of GDT price auction, RBNZ policy decision

Jun 20, 2017 05:50 am UTC| Commentary Economy

The New Zealand bonds remained downbeat at the time of closing Tuesday as investors remain cautious to observe the GlobalDairyTrade (GDT) price auction, scheduled to be held later today. In addition, the Reserve Bank of...

Australian bonds plunge after RBA maintains balance view in June meeting minutes

Jun 20, 2017 04:59 am UTC| Commentary Economy

The Australian bonds plunged Tuesday after the Reserve Bank of Australia (RBA) remained slightly positive over the economic outlook of the country, mentioning the developments till date. However, it did not completely...

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Economy

U.S. Inflation Surges in March as Iran War and Tariffs Drive Prices Higher

Marchs Consumer Price Index is expected to post its sharpest monthly increase in nearly four years, driven by skyrocketing oil prices tied to the U.S.-Iran conflict and the ongoing ripple effects of import tariffs. The...

Asian Stocks Rally on Ceasefire Hopes and Bargain Buying

Asian equity markets climbed higher on Friday, driven by cautious optimism surrounding ceasefire negotiations between Iran and the United States. Regional benchmarks were also on track to close out the week with strong...

White House Warns Staff Over Insider Trading Amid Suspicious Oil Market Bets

The White House issued an internal warning to staff on March 24, cautioning employees against exploiting their government positions to gain an unfair advantage in financial futures markets. The directive came just one day...

U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

U.S. stock index futures edged slightly lower Thursday evening as investors exercised caution ahead of high-stakes ceasefire negotiations between Washington and Tehran, while bracing for a closely watched inflation report....

Trump Slams Iran Over Strait of Hormuz Oil Restrictions Amid Fragile Ceasefire

President Donald Trump publicly criticized Iran on Thursday over its handling of oil shipments through the Strait of Hormuz, escalating tensions just days after a tentative ceasefire agreement between Washington and...

Politics

Global Elections 2026: What Investors and Markets Are Watching

Political uncertainty is sweeping the globe in 2026, with a series of high-stakes elections poised to reshape economic policies and rattle financial markets. From Eastern Europe to South America, investors are keeping a...

Xi Jinping and KMT's Cheng Li-wun Meet in Beijing Amid Cross-Strait Tensions

Chinese President Xi Jinping met with Kuomintang (KMT) Chairwoman Cheng Li-wun in Beijing on Friday, emphasizing that people on both sides of the Taiwan Strait share a common Chinese identity and that the future of...

Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict

Airline pilots expressing safety concerns about flying through Middle Eastern airspace are reportedly facing threats of lost wages or termination if they decline assignments, according to Ron Hay, president of the...

Iran Denies Negotiating Team Traveled to Pakistan for U.S. Talks Amid Ceasefire Uncertainty

Iran has firmly rejected reports suggesting that a diplomatic delegation traveled to Islamabad to engage in negotiations with the United States, calling the claims entirely false. The denial was issued through state-linked...

U.S.-Iran Ceasefire Under Pressure Ahead of Pakistan Peace Talks

A fragile two-week ceasefire between the United States and Iran is showing serious cracks just one day before scheduled peace negotiations in Pakistan. Washington has accused Tehran of violating commitments related to the...

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

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...

Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts

Bendigo and Adelaide Bank delivered an impressive financial performance in its third quarter, reporting a 12.8% surge in cash earnings to A$137.9 million for the three months ending March 31. The result came in roughly 12%...

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...