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Hong Kong’s headline inflation likely to have accelerated in September

Oct 21, 2019 18:13 pm UTC| Commentary

Hong Kongs September inflation data is set to release tomorrow. According to a DBS Bank research report, the headline inflation is likely to have accelerated to 3.7 percent on a year-on-year basis, from Augusts 3.5...

Polish economy likely to have grown 4 pct in Q3 2019

Oct 21, 2019 15:37 pm UTC| Commentary

Given the real economy data of Poland, the GDP growth is implied at 4 percent in the third quarter of 2019, noted Erste Group Research in a report. The figure is most likely being downplayed by the sluggish performance of...

Taiwanese export orders likely to have contracted in September

Oct 21, 2019 14:49 pm UTC| Commentary

Taiwanese export orders data for the month of September is set to release tomorrow. According to a DBS Bank research report, export orders are likely to have shrunk for the 11th straight month, by 5.2 percent year-on-year....

U.S. Treasuries suffer ahead of FOMC member Bowman’s speech, 2-year auction

Oct 21, 2019 12:27 pm UTC| Commentary Economy

The U.S. Treasuries suffered during Mondays afternoon session ahead of the Federal Open Market Committee (FOMC) member Bowmans speech, scheduled to be delivered today by 15:40GMT amid a quiet start with no top-tier data...

UK gilts plummet as Brexit divorce hassles trouble investor sentiments

Oct 21, 2019 11:19 am UTC| Commentary Economy

The United Kingdoms gilts plummeted during European trading hours Monday as hassles over a Brexit deal since long has trouble investor sentiments to the core, so much so that European Union diplomats do not want to further...

German bunds slump ahead of October manufacturing PMI, ECB’s monetary policy decision

Oct 21, 2019 09:54 am UTC| Commentary Economy

The German bunds slumped during European session Monday ahead of the countrys manufacturing PMI for the month of October, scheduled to be released on October 24 by 08:30GMT and the European Central Banks (ECB) monetary...

Australian Q3 CPI likely to register 0.5 pct q/q, annual rate remaining at 1.6 pct: ANZ Research

Oct 21, 2019 08:53 am UTC| Commentary Economy

Australias headline inflation for the third quarter of this year is expected to come in at 0.5 percent q/q in, with the annual rate remaining at 1.6 percent, according to the latest report from ANZ research. The largest...

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Economy

South Korea’s KOSPI Jumps Over 5% as Samsung, SK Hynix Rally on Micron Earnings Boost

South Koreas benchmark KOSPI index soared more than 5% at Thursdays market open, prompting the Korea Exchange (KRX) to temporarily halt program trading after a sharp rally fueled by leading semiconductor stocks. The...

BOJ Hawk Signals Faster Interest Rate Hikes Amid Inflation Risks

Bank of Japan (BOJ) board member Naoki Tamura has called for the central bank to continue raising interest rates every few months, while remaining prepared to accelerate the pace of tightening if inflation risks continue...

Australian Household Spending Rebounds Strongly in May as Travel and Dining Drive Consumer Growth

Australias household spending recorded a solid recovery in May, fueled by a sharp rebound in travel activity after an unexpected decline in April caused by disruptions linked to global conflict. The latest figures indicate...

Asian Markets Rally as Micron and Qualcomm AI Outlook Lifts Global Tech Stocks

Asian equities climbed sharply on Thursday after upbeat earnings and optimistic forecasts from semiconductor leaders Micron Technology and Qualcomm renewed investor confidence in artificial intelligence (AI) stocks. The...

Australia Jobs Growth Strengthens Rate Hike Outlook

Australias labor market showed renewed strength in May as employment rebounded and the unemployment rate unexpectedly eased, reinforcing expectations that the Reserve Bank of Australia (RBA) could keep interest rates...

Politics

Pelosi Discloses Major Intel and Uber Call Option Purchases Worth Up to $6 Million

Representative Nancy Pelosi has disclosed a new financial transaction report revealing that her spouse, Paul Pelosi, purchased substantial call options in Intel Corporation (NASDAQ: INTC) and Uber Technologies Inc. (NYSE:...

Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers

U.S. President Donald Trump has asked Congress to approve more than $11 billion in additional farm aid to help American farmers cope with soaring fuel and fertilizer expenses linked to the recent Iran conflict. According...

Trump Orders DOJ Investigation Into Exxon, Chevron Over High Gas Prices

President Donald Trump announced that the U.S. Department of Justice (DOJ) is investigating ExxonMobil, Chevron, and other major oil companies over persistently high gasoline and natural gas prices. The move comes amid...

NATO Chief Tries to Ease Trump Alliance Dispute

NATO Secretary-General Mark Rutte sought to reduce tensions with U.S. President Donald Trump during a White House meeting on Wednesday, emphasizing that most NATO allies have continued to support the United States despite...

U.S. Reviewing Potential F-35 Fighter Jet Sale to Turkey Amid S-400 Dispute

The United States is reviewing the possibility of selling F-35 fighter jets to Turkey, according to comments made by U.S. Vice President JD Vance on Wednesday. The move signals a potential shift in relations between...

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

Samsung and SK Hynix Shares Jump After Micron Earnings Boost AI Chip Optimism

Samsung Electronics and SK Hynix posted strong gains on Thursday after Micron Technology delivered record quarterly earnings and issued a stronger-than-expected revenue forecast, reinforcing confidence in the growing...

Micron Stock Surges on Strong AI Demand, Record Revenue, and Bullish Q4 Forecast

Micron Technology (NASDAQ: MU) delivered a stronger-than-expected fiscal third-quarter performance and issued an optimistic outlook for the fourth quarter, sending its shares up nearly 9% in after-hours trading. The...

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....
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