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Fri, Apr 10, 2026 03:42 AM All times are UTC

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U.S. economy likely to expand 2.1 pct sequentially in Q2 2017 - Barclays

Jun 08, 2017 23:00 pm UTC| Commentary Economy

The U.S. Census Bureau released its Quarter Services Survey for the first quarter earlier today, giving detailed estimation of revenue and expense for U.S. service-providing companies. The BEA has used these data since...

Australia trade balance sharply falls in April, driven by decline in resource exports

Jun 08, 2017 10:14 am UTC| Commentary Economy

Australias trade balance narrowed sharply in April, down to AUD555 million from an upwardly revised AUD3.2 billion the previous month. This surprising weakness in the trade balance was almost entirely driven by a sharp...

BSP likely to commence tightening cycle in Q3, raise policy rate by cumulative 50 bps in 2017: ANZ Research

Jun 08, 2017 08:54 am UTC| Commentary Central Banks Economy

The Philippines central bank is expected to commence its tightening cycle in Q3 and raise its policy rate by a cumulative 50 basis points in 2017 and 75 basis points in 2018. The monthly contraction in utilities and...

JGBs trade flat post lower-than-expected Q1 GDP

Jun 08, 2017 08:04 am UTC| Commentary Economy

The Japanese government bonds traded flat Thursday, post the release of the countrys gross domestic product (GDP) for the first quarter of this year, released earlier today. The benchmark 10-year bond yield, which moves...

New Zealand bonds rally at close in silent trading session

Jun 08, 2017 05:53 am UTC| Commentary Economy

The New Zealand rallied at close in a silent trading session that witnessed no significant data. Also, the countrys dairy prices eased at the latest GlobalDairyTrade (GDT) price auction, held earlier today. However, prices...

Malaysia GDP growth likely to register 5.0 pct in 2017, says DBS Bank

Jun 08, 2017 05:36 am UTC| Commentary Economy

Malaysias gross domestic product (GDP) is expected to register 5.0 percent in 2017, up from the previous forecast of 4.5 percent. Despite the drag from net exports, overall GDP growth for the year will still turn out...

Australian bonds slump on profit-booking amid lack of significant data, investors defy softer trade surplus

Jun 08, 2017 04:48 am UTC| Commentary Economy

The Australian bonds slumped Thursday as investors booked profits amid a lack of significant data through the day. However, investors have largely shrugged off the easing in the countrys trade surplus for the month of...

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Economy

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...

Oil Prices Rise Amid Strait of Hormuz Tensions and U.S.-Iran Talks

Oil prices climbed during Asian trading on Friday, building on Thursdays modest recovery, as markets remained on edge over ongoing supply disruptions in the Middle East and closely watched diplomatic developments ahead of...

Gold Prices Rise on Weaker Dollar and Ceasefire Hopes

Gold prices edged higher on Thursday, supported by a softer U.S. dollar and improving geopolitical sentiment after Israel announced plans to open direct negotiations with Lebanon. The development offered a measure of...

China's Inflation Data Misses Forecasts as Consumer Prices Slow in March

Chinas latest inflation figures came in below market expectations in March, highlighting the ongoing disinflationary challenges facing the worlds second-largest economy. According to official data released Friday, the...

Politics

DOJ Launches Antitrust Investigation Into the NFL Over Broadcast Restrictions

The U.S. Department of Justice has opened an investigation into the National Football League over potential anticompetitive practices that may be harming consumers, according to a source familiar with the matter. The probe...

Cuba Seeks Dialogue With Trump Administration, Diaz-Canel Says

Cuban President Miguel Diaz-Canel has reached out to the Trump administration, expressing his governments willingness to engage in diplomatic talks but only on equal terms. In an exclusive interview with NBC News anchor...

Trump and Starmer Unite to Restore Strait of Hormuz Shipping After U.S.-Iran Ceasefire

British Prime Minister Keir Starmer held a significant phone call with U.S. President Donald Trump on Thursday, focusing on the urgent need to restore commercial shipping through the Strait of Hormuz following a recently...

U.S. Warns Citizens Against Travel to Nigeria Amid Escalating Security Threats

The United States government has urged its citizens to reconsider traveling to Nigeria while authorizing non-emergency embassy staff and their families to leave Abuja, pointing to deteriorating security conditions across...

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...

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

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...

Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

A federal appeals court in Washington, D.C., has refused to halt the Pentagons national security blacklisting of AI company Anthropic, delivering a temporary win for the Trump administration. The ruling comes as another...