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Thu, Mar 26, 2026 08:12 AM All times are UTC

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South Korean GDP likely grew slightly below 2 pct in 2019, modest rebound expected in quarters ahead - Scotiabank

Jan 14, 2020 19:05 pm UTC| Commentary

The South Korean economy continues to be dragged by the challenges of external sector, noted Scotiabank in a research report. The countrys exports have been below year-earlier levels since the end of 2018 due to softer...

Polish December inflation likely to confirm flash estimate of 3.4 pct, core rate to rise above 3 pct

Jan 14, 2020 18:40 pm UTC| Commentary

Polish inflation data for the month of December is set to release tomorrow. The flash inflation print had resulted in a heated discussion about the possible risks of inflation remaining on elevated levels throughout 2020,...

U.S. consumer price inflation eases in December, accelerates for whole of 2019

Jan 14, 2020 18:11 pm UTC| Commentary

U.S. consumer prices rose below consensus expectations in December. On a sequential basis, the headline inflation came in at 0.2 percent, a deceleration from Novembers 0.3 percent. In the whole of 2019, inflation...

U.S. private consumption likely to be key economic growth driver in 2019-2020

Jan 14, 2020 17:21 pm UTC| Commentary

U.S. private consumption is likely to be the main growth driver, averaging around 2.3 percent in 2019-2021, close to its annual mean since the financial crisis, underpinned by household balance sheets with early-cycle...

U.S. small business optimism eases slightly in December, NFIB index falls to 102.7

Jan 14, 2020 16:56 pm UTC| Commentary

The U.S. small business optimism eased slightly in the month of December. The NFIBs small business optimism index dropped 2 points to 102.7 in December, coming in below consensus expectations of a flat print. The fall was...

U.K. headline inflation to have remained steady at 1.5 pct in December, retail sales likely rose in November

Jan 14, 2020 14:22 pm UTC| Commentary

U.K. consumer price inflation data for the month of December is set to release tomorrow. According to consensus expectations, the headline print is expected to remain stable at 1.5 percent year-on-year, the same as in...

Hungarian industrial output growth remains unchanged in November

Jan 14, 2020 12:55 pm UTC| Commentary

The Hungarian industrial output grew 3.6 percent year-on-year in November, the same as in the prior month, showed the Hungarian Central Statistical Office. On working-day adjusted data, production rose 5.7 percent. The...

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Economy

Bank of Japan Unveils New Inflation Gauge to Support Case for Future Rate Hikes

The Bank of Japan (BOJ) introduced a new core consumer price index (CPI) on Thursday, revealing that inflation rose 2.2% in February when adjusted to exclude special institutional factors. This new measure, released...

ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge

The European Central Bank (ECB) is weighing potential interest rate hikes as escalating conflict in Iran sends energy prices soaring, triggering fresh inflationary concerns across the eurozone. Market participants are now...

WTO Reform Talks Begin in Cameroon Amid Global Trade Tensions

Trade ministers from around the world convened Thursday in Yaoundé, Cameroon, for a critical four-day summit focused on reforming the World Trade Organization. The high-stakes gathering comes at a turbulent moment...

Japan Eyes Oil Futures Intervention to Stabilize Yen Amid Middle East Crisis

Japan is exploring an unconventional strategy to halt the yens ongoing decline directly intervening in global crude oil futures markets. The proposal, first reported by Reuters, signals Tokyos growing frustration as...

Asian Currencies Stay Muted as Dollar Holds Firm Amid Iran Uncertainty

Asian currencies remained largely subdued on Thursday as the U.S. dollar maintained its strength, with investors navigating mixed signals surrounding ongoing Middle East peace efforts. The U.S. Dollar Index held steady...

Politics

Maduro Faces Rare Narcoterrorism Charges in U.S. Court

Ousted Venezuelan President Nicolás Maduro appeared in a U.S. federal court Thursday, facing serious criminal charges that include narcoterrorism a rarely prosecuted statute with a complicated legal history....

Russia-Iran Military Alliance Deepens With Drone Shipments Amid Middle East Tensions

Moscow is moving closer to completing a multi-phase transfer of lethal drones, medicine, and food supplies to Tehran, according to Western intelligence sources cited by the Financial Times. The deliveries are designed to...

Trump Seeks Quick End to U.S.-Iran Conflict Amid Ongoing Middle East Tensions

President Donald Trump has privately told close advisers that he wants to avoid a drawn-out war with Iran and is pushing for a swift resolution to the ongoing conflict, according to a Wall Street Journal report published...

Iran-U.S. Negotiations: Tehran Reviews American Peace Proposal Amid Ongoing Gulf Conflict

Irans foreign minister confirmed Wednesday that Tehran is examining a United States peace proposal aimed at ending the escalating Gulf war, though officials stressed this falls short of direct negotiations between the two...

FEMA Reinstates $1 Billion Disaster Prevention Grant Program After Court Order

The Federal Emergency Management Agency has announced the resumption of a key disaster prevention initiative after facing legal challenges that forced the reversal of its earlier cancellation. The agency is once again...

Science

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...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...

Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round

Nvidia-backed artificial intelligence startup Reflection AI is in advanced discussions to secure $2.5 billion in fresh funding, with negotiations pointing to a staggering pre-money valuation of $25 billion, according to a...

Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco

Shares of Taiwan-based memory chip manufacturer Nanya Technology soared to their daily limit of 10% on Thursday morning following the companys announcement of a major $2.5 billion private placement deal backed by prominent...

SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion

South Korean memory chip giant SK Hynix has submitted a confidential filing for a U.S. stock market listing in 2026, with sources indicating the move could raise as much as $14 billion. The company intends to offer...

Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push

Meta Platforms made a significant move this week by granting restricted stock units and stock options to several of its most senior leaders, including Chief Financial Officer Susan Li and Chief Technology Officer Andrew...