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

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Hungarian consumer price inflation accelerates above expectations in December

Jan 14, 2020 11:44 am UTC| Commentary

Hungarian consumer price inflation accelerated slightly in the month of December. According to the Hungarian Central Statistical Office, on a year-on-year basis, the headline inflation accelerated to 4 percent from...

U.S. Treasuries rise as investors await December CPI, FOMC member Williams’ speech

Jan 14, 2020 11:40 am UTC| Commentary Economy

The U.S. Treasuries remained tad higher during Tuesdays afternoon session ahead of the countrys consumer price inflation (CPI) for the month of December, scheduled to be released today by 13:30GMT and FOMC member Williams...

USD/TRY likely to rise sharply over coming quarters, says Commerzbank

Jan 14, 2020 11:05 am UTC| Commentary Economy

The USD/TRY currency pair is expected to rise sharply over the coming quarters amid Turkeys long-term imbalances still proactively alive, according to the latest research report from Commerzbank. Once the US-Iran...

Turkish industrial production rises below expectations in November

Jan 14, 2020 10:43 am UTC| Commentary

Turkish industrial production rose below expectations in November. According to the Turkish Statistical Institute, the industrial production grew 5.1 percent year-on-year in the month, a rise from 3.8 percent. Consensus...

Gold eases to near 2-week low ahead of U.S.-China trade deal

Jan 14, 2020 09:14 am UTC| Commentary

Gold eases to near 2-week low ahead of U.S.-China trade deal Gold prices plunged to their lowest in nearly two weeks as stronger-than-expected Chinese economic data and the imminent signing of a preliminary U.S.-China...

Australia’s ANZ-Roy Morgan consumer confidence gains 1 pct, owing to strength in economic conditions

Jan 14, 2020 07:35 am UTC| Commentary Economy

Australias ANZ-Roy Morgan consumer confidence gained 1 percent last week, recovering a bit more than half the loss seen in the prior survey. The bounce was primarily due to strength in the economic conditions sub-indices,...

India FY21 fiscal deficit target to be 3.6 pct of GDP; income tax cuts on table

Jan 14, 2020 06:32 am UTC| Commentary Economy

India is expected loosen its purse strings and raise its borrowing target in the federal budget on February 1 as a slowing economy and a severe job crisis puts the Modi government under immense pressure to boost...

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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...