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Indonesia retail sales rise in August, led by surge in non-food items

Oct 12, 2016 07:06 am UTC| Commentary Economy

Retail sales in Indonesia rose during the month of August, gains being led by surge in food as well as non-food items such as spare parts and accessories. Indonesias annual retail sales in August grew at a much faster...

Japan August machinery orders drop first in three months, sluggish growth continue to dominate

Oct 12, 2016 06:36 am UTC| Commentary Economy

Core machinery orders in Japan dropped for the first time in three months during the period of August amid an environment of sluggish economic growth both internal as well as external. Japans core machinery orders, a...

Credit conditions remain weak in Asia-Pacific during Q3 2016, says S&P Global Ratings

Oct 12, 2016 06:07 am UTC| Commentary Economy

Asia-Pacifics credit conditions remain weak, SP Global Ratings said in a report published today titled, Weakness Continues In Asia-Pacific Despite Easier Financing; Eyes Remain On China. Credit trends in Asia-Pacific...

PHP continues to underperform on rising political concerns among foreign investors

Oct 12, 2016 05:56 am UTC| Commentary Economy

The Philippines peso has underperformed in comparison to its peers in the recent months. Part of this reflects increasing political concerns among foreign investors. There was also a spike in the 5Y credit default swap...

Rising producer prices, industrial profits cater to alleviate China’s bad loan pressures

Oct 12, 2016 05:37 am UTC| Commentary Economy

Downside pressures on the Chinese economy, concerning the countrys bad loans are likely to be alleviated by the improvement in producer prices and industrial profits. A further rate cut by the Peoples Bank of China (PBoC)...

Australia consumer confidence continues to rise for third straight month in October

Oct 12, 2016 05:02 am UTC| Commentary Economy

Consumer confidence in Australia continued to rise for the third straight month in October, in an attempt that showcases that the economy has remained resilient in wake of ongoing global instability. The...

Africa remains a target as Global South 'land rush' moves to production

Oct 11, 2016 07:48 am UTC| Insights & Views Economy

In 2007, a spike in commodity prices triggered a sudden increase in demand for agricultural land across the world. It was believed that commercial investors in the Global North speculated on a rise in land and commodity...

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Economy

Dollar Holds Steady as Yen Nears Critical 160 Level Amid Iran War Escalation

Global currency markets opened cautiously on Monday as the U.S. dollar maintained its footing while the Japanese yen hovered dangerously close to the psychologically significant 160-per-dollar threshold. Thin trading...

Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation

Morgan Stanley believes the Federal Reserve will push forward with interest rate cuts in 2026, even as rising oil prices temporarily inflate headline inflation figures. According to the banks analysts, the current...

China's Energy Resilience Shields Economy From Global Oil Shock, Goldman Sachs Says

Goldman Sachs analysts believe China is among the best-positioned major economies to weather the current oil price shock stemming from escalating Middle East tensions, citing the countrys diversified energy strategy,...

Iran's Stranglehold on the Strait of Hormuz: What It Means for Global Markets

U.S. intelligence assessments now confirm that Iran has no intention of loosening its grip on the Strait of Hormuz anytime soon. Tehran views control over this critical oil corridor as its most powerful bargaining chip...

Vietnam GDP Growth Slows in Q1 2026 Amid Middle East Oil Crisis

Vietnams economy posted solid but slower growth in the first quarter of 2026, with GDP expanding 7.83% year-on-year, down from 8.46% in the previous quarter, according to the National Statistics Office. While the figure...

Politics

Iran Rejects Trump's Hormuz Ultimatum, Threatens Wider Trade Disruption

Iran has firmly pushed back against U.S. President Donald Trumps latest threats over the Strait of Hormuz, dismissing his ultimatum and introducing new conditions that could further destabilize global trade routes. The...

Trump Issues Deadline for Iran to Reopen Strait of Hormuz Amid Escalating Conflict

President Donald Trump has set an 8:00 p.m. Eastern Time Tuesday deadline for Iran to reopen the Strait of Hormuz, one of the worlds most critical oil shipping routes, warning of severe military consequences if the demand...

U.S. Commandos Execute Daring Rescue Mission Deep Inside Iran

In one of the most audacious military operations in recent American history, U.S. special operations forces successfully extracted a stranded American weapons specialist from deep within Iranian territory. The mission,...

Ukraine Launches Massive Drone Offensive Across Russia, Knocking Out Power to Hundreds of Thousands

Russias military reported intercepting 148 Ukrainian drones within a three-hour window on Sunday evening, marking one of the more significant aerial campaigns in recent months. Air defence units neutralized the unmanned...

Trump Eyes Cabinet Shake-Up Amid Iran War Political Fallout

President Donald Trump is weighing a significant cabinet reshuffle as political pressure mounts over the ongoing U.S.-Iran conflict, according to Reuters, citing sources close to internal White House deliberations. The...

Science

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...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...

MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

A bipartisan group of U.S. lawmakers has unveiled the MATCH Act, a landmark piece of draft legislation designed to tighten export restrictions on advanced semiconductor manufacturing equipment destined for China. The...

Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

Microsoft is set to pour approximately $10 billion into Japan between now and 2029, channeling funds into data center expansion and artificial intelligence infrastructure to meet the countrys growing demand for data...

Australia's Social Media Ban for Under-16s Sparks Global Movement

Australias landmark social media ban for users under 16, which took effect in December, is reshaping digital policy conversations worldwide. Countries including Spain and Malaysia have signaled interest in adopting similar...