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UK gilts flat after November CPI remains unchanged; retail sales in focus

Dec 18, 2019 10:06 am UTC| Commentary Economy

The United Kingdoms gilts remained flat during European trading hours Wednesday after the countrys consumer price inflation (CPI) for the month of November rose, albeit remaining unchanged from that in October, also...

Commitment to USD/CNY stability as part of trade deal likely to imply limited deviation from current levels, says Commerzbank

Dec 18, 2019 09:00 am UTC| Commentary Economy

For USD/CNY, a commitment to currency stability as part of the deal is likely to imply limited deviation from current levels, according to the latest research report from Commerzbank. The enthusiasm to the phase one...

NZ’s annual current account deficit widens slightly in Q3, unchanged in ratio terms

Dec 18, 2019 07:34 am UTC| Commentary Economy

New Zealands annual current account deficit widened slightly from $10.2 billion in Q2 to $10.3 billion in Q3. In ratio terms, it was unchanged at 3.3 percent of GDP. In seasonally adjusted terms, the current account...

Digital Currency/Stablecoin/Tokenization Series: TokenSoft Appoints Ex-Regulatory Counsel At SEC And CFTC As Chief Legal Officer

Dec 18, 2019 07:29 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

TokenSoft who are the multi-blockchain issuance platform and the leading platform for financial institutions issuing securities on blockchains, hasannouncedto appoint Alex C. Levineas Chief Legal Officer of TokenSoft and...

BI likely to maintain policy rate at 5 pct, keep door open to future rate cuts: Scotiabank

Dec 18, 2019 06:55 am UTC| Commentary Central Banks Economy

Bank Indonesia (BI) is expected to maintain its policy rate at 5.00 percent on Thursday afternoon, but with the door open to future rate cuts to prop up the nations economic growth, according to the latest research report...

Digital Currency Revolution Series: Kraken Makes Acquisition Deal With Circle’s OTC Desk

Dec 18, 2019 06:02 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

The renowned crypto exchange, Kraken has taken over Circles over-the-counter (OTC) desk. Circle was in the pursuit for a potential buyer for its OTC desk since the summer. Kraken, the US-based cryptocurrency exchangehas...

Australian bonds slump in muted trading ahead of November employment report

Dec 18, 2019 04:45 am UTC| Commentary Economy

The Australian bonds slumped during Asian session Wednesday amid a muted trading session that witnessed data of little economic significance ahead of the countrys employment report for the month of November, scheduled to...

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Economy

Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows

Malaysias central bank has announced new measures to support the ringgit after the currency weakened more than 4% in June, driven largely by foreign investor caution and expectations of higher U.S. interest rates. Bank...

Bessent Says U.S. Must Strengthen Supply Chains and Economic Security

U.S. Treasury Secretary Scott Bessent said the Trump administration is focused on strengthening supply chain resilience to protect critical industries from economic disruptions, pandemics, geopolitical conflicts, and...

South Korea Remains MSCI Emerging Market Despite Reform Progress

South Korea will remain classified as an emerging market by MSCI after the global index provider decided not to upgrade the country to developed market status in its latest market accessibility review released on Tuesday....

South Korea’s KOSPI Rebounds as Samsung and SK Hynix Lead Tech Stock Recovery

South Koreas benchmark KOSPI index staged a strong recovery on Wednesday, climbing 3.4% to 8,480.21 points after suffering a sharp sell-off in the previous session. The rebound was driven largely by gains in major...

Australia Inflation Cools in May, But Core CPI Keeps RBA Rate Hike Risks Alive

Australias inflation rate eased more than expected in May, offering signs that price pressures may be gradually cooling and strengthening the case for the Reserve Bank of Australia (RBA) to keep interest rates unchanged in...

Politics

US Senate Approves War Powers Resolution Urging Trump to End Iran Military Action

The U.S. Senate has approved a war powers resolution directing President Donald Trump to halt U.S. military involvement in Iran, marking a significant congressional challenge to the administrations foreign policy. The...

Crimea Power Outage After Ukrainian Drone Attack, Russian Authorities Say

Power supplies were disrupted in Sevastopol, the largest city in Russian-annexed Crimea, following what local Russian-installed authorities described as a Ukrainian attack on energy infrastructure. Mikhail Razvozhayev, the...

Cait Conley Wins Democratic Nomination, Sets Up Key House Battle Against Mike Lawler in New York

Cait Conley, a U.S. Army veteran and former national security official, has secured the Democratic nomination to challenge Republican Congressman Mike Lawler in New Yorks highly competitive 17th Congressional District. The...

U.S. Eases Iran Team Travel Restrictions Ahead of Seattle World Cup Match

The United States has relaxed travel restrictions for Irans national soccer team ahead of its upcoming FIFA World Cup match in Seattle, allowing the squad to enter the country two days before kickoff instead of just one...

Peru Election Dispute Deepens as Roberto Sanchez Rejects Runoff Results

Perus presidential election dispute intensified on Tuesday after leftist candidate Roberto Sanchez announced that he would not recognize the outcome of the tightly contested presidential runoff, alleging electoral fraud...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Anthropic AI Model Uncovers Vulnerabilities in Classified U.S. Government Systems During Security Test

Anthropics advanced artificial intelligence model identified vulnerabilities in classified U.S. government computer systems during a recent security testing exercise, according to a report by the Associated Press citing a...

Samsung Electronics Stock Surges on Report of Massive $59 Billion Share Buyback Plan

Samsung Electronics shares rallied sharply on Wednesday after a report suggested the company could launch a substantial share buyback program worth nearly 90 trillion won ($59 billion) over the next three years. The...

SK Hynix Moves Closer to New York ADR Listing Amid AI Chip Boom

South Korean memory chip giant SK Hynix is reportedly preparing to take a major step toward a U.S. market debut by filing documents for an American Depositary Receipt (ADR) offering with South Koreas financial regulator....

Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock

Cerebras Systems delivered a strong revenue outlook for 2026 that exceeded Wall Street expectations, but investors remained cautious as the companys profit margin forecast highlighted the challenges of competing with AI...

SpaceX Stock Rebounds After Sharp Selloff, But Valuation Concerns Persist

SpaceX (NASDAQ: SPCX) recovered modestly on Tuesday, closing 0.9% higher at $156.06 after briefly falling below its post-IPO opening price during intraday trading. The stock touched a low of $147.11, slipping beneath the...
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