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Wed, Jul 08, 2026 05:50 AM All times are UTC

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Emerging Market Crisis Series

S&P issues fresh warning on emerging market sovereign downgrades

Oct 04, 2016 14:35 pm UTC| Commentary

Ratings firm Standard and Poors (SP) issued fresh warning on emerging market sovereign downgrades on Monday. Emerging market sovereigns face rising risks to their credit quality despite still strong foreign investment...

Green shoots in UK construction sector, PMI beats expectations

Oct 04, 2016 14:04 pm UTC| Commentary

Britains construction sector is beginning to see the shoots of a recovery. IHS Markit and CIPS latest PMI released earlier on Tuesday showed that the final Purchasing Managers Index (PMI) in the UK jumped to 52.3 points in...

Commodities snapshot (precious & industrial)

Oct 04, 2016 14:03 pm UTC| Commentary

Metal pack is down today. Performance this week at a glance in chart table - Gold: Gold has broken below key support area around $1300 further downside towards $1265 area is likely. Todays range $1313-1287 We...

New Zealand growth likely to continue at a solid pace for the remainder of 2016

Oct 04, 2016 13:34 pm UTC| Commentary

The New Zealand Institute of Economic Researchs (NZIER) closely-watched Quarterly Survey of Business Opinion showed that New Zealands business confidence perked up in September quarter to a two-year high. In seasonally...

Commodities snapshot (energy)

Oct 04, 2016 13:24 pm UTC| Commentary

Energy pack is mixed in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is continuing higher on the OPEC deal optimism. Todays range $48.2-49 Buy WTI targeting $53.5 area. WTI is...

Currency snapshot (commodity pairs)

Oct 04, 2016 13:18 pm UTC| Commentary

Dollar index trading at 96.19 (+0.48%) Strength meter (today so far) Aussie -0.36%, Kiwi -0.26%, Loonie -0.28% Strength meter (since last week) Aussie +0.01%, Kiwi -0.11%, Loonie -0.24% AUD/USD Trading at...

Currency snapshot (major pairs)

Oct 04, 2016 13:07 pm UTC| Commentary

Dollar index trading at 96.18 (+0.47%) Strength meter (today so far) Euro -0.37%, Franc -0.66%, Yen -0.64%, GBP -0.75% Strength meter (since last week) Euro -0.60%, Franc -0.96%, Yen -1.20%, GBP -1.60% EUR/USD...

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Economy

Chinese Chip Stocks Jump as Apple Reportedly Tests CXMT Memory Chips for China Devices

Chinese semiconductor stocks rallied on Wednesday after a report suggested Apple (NASDAQ: AAPL) is testing memory chips from domestic manufacturer ChangXin Memory Technologies (CXMT) for devices sold in China, fueling...

Iran Targets U.S. Bases in Bahrain, Kuwait as Hormuz Conflict Escalates and Oil Prices Jump

Iran dramatically escalated tensions on Wednesday, claiming it launched missile and drone attacks against U.S. military sites in Bahrain and Kuwait after the United States carried out fresh strikes on Iranian targets...

Japan Regional Bank Stocks Drop After Zentoshin Bankruptcy Sparks Credit Risk Concerns

Japanese regional bank stocks came under heavy selling pressure on Tuesday and Wednesday after investors assessed the financial impact of the bankruptcy of Osaka-based credit card payments processor Zentoshin, raising...

Cuba Power Outage Sparks Havana Protests as Fuel Crisis Deepens

Scattered protests erupted across Havana on Tuesday night as millions of Cubans continued to face prolonged power outages following the islands third nationwide blackout of the year. Residents banged pots and pans, honked...

Japan Revises Economic Blueprint to Reassure Markets on BOJ Independence

Japans government is considering revised wording on monetary policy in its latest economic blueprint in an effort to ease investor concerns over the Bank of Japans independence, according to a draft reviewed by Reuters....

Politics

Marine Le Pen Launches 2027 French Presidential Bid After Court Eases Election Ban

Marine Le Pen officially announced on Tuesday that she will run in Frances 2027 presidential election after an appeals court reduced her ban from holding public office while upholding her conviction for embezzling European...

Japan LDP Seeks Tougher Enforcement of Shareholder Disclosure Rules for Activist Investors

Japans ruling Liberal Democratic Party (LDP) is preparing proposals to strengthen enforcement of shareholder disclosure rules for activist investors, aiming to improve transparency while preserving the benefits of...

Trump Intelligence Nominee Jay Clayton Set for Senate Confirmation Hearing on July 15

President Donald Trumps nominee for U.S. director of national intelligence, Jay Clayton, is scheduled to appear before the Senate Select Committee on Intelligence for his confirmation hearing on July 15, according to an...

U.S. Strikes Iran, Revokes Oil License as Strait of Hormuz Attacks Escalate

The United States launched a new wave of military strikes against Iran on Tuesday and revoked a key license allowing Tehran to sell oil, escalating tensions after multiple commercial tankers were hit by projectiles in the...

Taiwan Says Defense Preparations Are Essential Amid Rising China Military Threat

Taiwans efforts to strengthen its defenses against a potential Chinese attack are necessary for national security and should not be viewed as a provocation, a senior Taiwanese security official said Tuesday, urging...

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

Wolfspeed Sues Navitas Over GaN and SiC Patent Infringement

Wolfspeed Inc. (NYSE: WOLF) has filed a patent infringement lawsuit against Navitas Semiconductor Corp. (NASDAQ: NVTS), alleging that the chipmaker violated several of its key patents covering gallium nitride (GaN) and...

Apple Tests China's CXMT Memory Chips as DRAM Maker Gains Global Market Share

Apple Inc. (NASDAQ: AAPL) is reportedly evaluating memory chips from Chinese state-backed ChangXin Memory Technologies (CXMT) for devices sold in China, according to a Financial Times report citing people familiar with the...

OpenAI GPT-5.6 Set for Wider Release After U.S. Commerce Approval, Report Says

OpenAI is expected to roll out its advanced GPT-5.6 artificial intelligence model to a broader audience this week after receiving approval from the U.S. Department of Commerce, according to an Axios report published...

Zhipu AI Stock Jumps on Report of Custom AI Chip Development Plans

Knowledge Atlas Tech Joint Stock (HK:2513), the listed company associated with Chinese AI startup Zhipu AI, surged on Tuesday after a report said the company is exploring the development of a custom application-specific...

SpaceX Stock Draws Bullish Wall Street Coverage Ahead of Nasdaq-100 Inclusion

Several major Wall Street banks have launched coverage of Space Exploration Technologies (SpaceX) ahead of its inclusion in the Nasdaq-100 Index, assigning price targets between $190 and $300 as analysts take different...