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Mon, Jul 06, 2026 02:45 AM All times are UTC

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German factory orders remain flat in May as demand declines

Jul 06, 2016 07:30 am UTC| Commentary Economy

German factory orders in May failed to strike a ray of hope as rising global uncertainty deterred demand for goods. Orders, adjusted for seasonal swings and inflation, were unchanged from April, when they fell a revised...

French industrial production likely to have declined in May

Jul 06, 2016 07:28 am UTC| Commentary Economy

Frances industrial output is likely to have declined in May after recovering in April. Given the industrial action in May, some of Aprils improvement is expected to have reversed. According to a Societe Generale research...

Germany’s manufacturing production likely drove industrial output in May; exports to have grown 0.5 pct

Jul 06, 2016 06:30 am UTC| Commentary Economy

Germanys industrial production is expected to have remained muted in the second quarter, following a strongbeginning to 2016. In a Societe Generales research report, industrial production in the country is likely to have...

Hong Kong PMI falls for 16th straight month in June

Jul 06, 2016 06:28 am UTC| Commentary Economy

Hong Kongs Purchasing Managers Index (PMI) fell for the 16th straight month in a row during the month of June that indicated a sharp deterioration in the countrys private sector economy, following the Brexit reality that...

Japanese bonds rally after US Treasury yields hit record low

Jul 06, 2016 06:23 am UTC| Commentary

The Japanese government bonds rallied on Wednesday as overnight fall in US Treasury yields has large positive impact on JGBs. The yield on the benchmark 10-year bonds, which moves inversely to its price fell 3 basis points...

Briferendum Aftermath Series

Briferendum Aftermath Series: Theresa May wins the first round of Tory leadership election

Jul 06, 2016 06:11 am UTC| Commentary

As expected, thehome secretary, Theresa May won the first round of Tory leadership election and that with huge margins. May won the backing of 165 members of the Parliament (MPs). Her biggest rival, Andrea Leadsom who was...

Hungarian economic growth to slow in 2016; EUR/HUF likely to face mild upward pressure

Jul 06, 2016 06:04 am UTC| Commentary

The momentum of Hungarian economic growth is likely to slowin 2016, following a strong expansion of 3 percent last year. The Hungarian economy will be impacted by the waning of the regional auto industry boom, pausing of...

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Economy

Iran Begins Oil Sale Talks With Japan Under U.S. Sanctions Waiver Amid Shipping Risks

Iran has opened preliminary discussions with Japanese companies about resuming crude oil exports under a temporary U.S. sanctions waiver, although potential buyers are seeking a longer exemption and stronger assurances...

Russia Stocks End Flat at Three-Year Low as MOEX Index Stalls, Gold Prices Climb

Russian stocks closed mixed on Sunday, with the benchmark MOEX Russia Index finishing unchanged at 0.00% while remaining at its lowest level in three years. Despite the flat performance of the overall index, individual...

Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027

Goldman Sachs has raised its USD/JPY exchange rate forecasts, predicting the Japanese yen will remain under pressure as elevated U.S. Treasury yields, limited recession risks in the United States, Japans fiscal concerns,...

Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch

Most Asian currencies edged higher on Friday after the U.S. dollar retreated from a 13-month high following weaker-than-expected U.S. nonfarm payrolls data, raising fresh questions about the Federal Reserves interest rate...

Asian Stocks Rebound as Tech Shares Rally on Fed Rate Cut Hopes and Easing Iran Tensions

Asian stock markets rebounded sharply on Friday as investors returned to technology shares following a week of heavy selling, while easing geopolitical tensions and growing expectations of Federal Reserve interest rate...

Politics

Trump to Meet Zelenskiy at NATO Summit in Turkey to Push Ukraine Peace Efforts

U.S. President Donald Trump is set to meet Ukrainian President Volodymyr Zelenskiy during this weeks NATO summit in Turkey as part of a renewed diplomatic effort to end the war in Ukraine, according to a senior U.S....

Israel Cabinet Rejects Supreme Court Ruling, Sparking Constitutional Crisis Fears

Israels cabinet has voted to reject a Supreme Court ruling involving the countrys broadcast regulator, triggering fresh concerns over a potential constitutional crisis and deepening tensions between Prime Minister Benjamin...

Israeli Airstrike Kills Two in Gaza City as Ceasefire Violations and Truce Talks Persist

At least two Palestinians were killed and several others were wounded in an Israeli airstrike in central Gaza City on Sunday, according to Palestinian health officials, as violence continued despite an October ceasefire...

Khamenei Funeral Draws Massive Crowds as Iran’s New Supreme Leader Remains Absent

Iran continued its week-long funeral ceremonies on Sunday for slain Supreme Leader Ayatollah Ali Khamenei, with tens of thousands of mourners gathering in Tehran while his successor, Supreme Leader Mojtaba Khamenei,...

Michigan Senate Race Narrows as Mallory McMorrow Ends Democratic Campaign

Michigan State Senator Mallory McMorrow has suspended her Democratic campaign for the U.S. Senate, reshaping the partys primary contest into a two-candidate race in one of the countrys most closely watched battleground...

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

Meta Cloud Ambitions Could Challenge AWS, Azure, and Google Cloud, Says Morgan Stanley

Meta Platforms (NASDAQ: META) is preparing to expand into the cloud computing market, a move that could position the company as a future rival to Amazon Web Services (AWS), Microsoft Azure, and Google Cloud. According to...

Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds

Anthropic is strengthening measures to prevent unauthorized access to its artificial intelligence services from China after discovering that several Chinese companies had allegedly bypassed its restrictions, according to a...

Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round

Hong Kong-listed shares of Kuaishou Technology (HK:1024) climbed more than 6% on Thursday after its spun-off artificial intelligence business, Kling AI, secured an initial $2 billion in venture capital funding to...

Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment

Meta Platforms (NASDAQ: META) CEO Mark Zuckerberg has acknowledged that the companys progress in developing artificial intelligence (AI) agents has been slower than expected, despite Metas aggressive investment in AI...

Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan

Kioxia is set to mark a major milestone on Friday with a ceremony at its manufacturing facility in northern Japan as the company prepares to begin mass production of its next-generation NAND flash memory chips. The move...