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Thu, Jul 02, 2026 03:36 PM All times are UTC

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Can oil go negative? It already has

Jan 19, 2016 12:18 pm UTC| Commentary

Looking at oil price- Brent is now trading at $30/barrel, everyone is thinking how low can it go? Here is a perspective from Bloomberg. According to report from Bloomberg, last night, some grades of oil price has now...

Demand for bund drops

Jan 19, 2016 12:00 pm UTC| Commentary

Latest research y Citi reveals that investors are shunning the safety of bund. While it is not surprising to see investors lack of appetite towards Euro Zone bonds, since European Central Bank (ECB) shied away from further...

Australian labor market seen shifting towards service-based activity

Jan 19, 2016 11:51 am UTC| Commentary

Australias labor market witnessed robust employment progress in recent months; however, employment was flat in December as it dropped by 1,000 positions after posting nearly 130,000 job gains in the prior two months. The...

Swedish central bank likely to lower policy rate from -0.35% to -0.45% at next meeting

Jan 19, 2016 11:16 am UTC| Commentary

Swedish December CPI inflation remained firm at 0.1%oya, weaker than Riksbank forecast. Further worsening the central bank concern was the CPIF inflation that dropped a tenth to 0.9%oya and CPIF inflation excluding energy...

ECB’s December minutes suggests possibilities for a further rate cut

Jan 19, 2016 10:45 am UTC| Commentary

ECBs December meeting minutes revealed that the probability for a further deposit rate cut as only few members expressed their preference for a cut, possibly beyond the 10bp reduction. The meeting minutes noted that a 10bp...

OPEC production drops in December

Jan 19, 2016 10:00 am UTC| Commentary

While OPEC remains dysfunctional and without any official ceiling, production hasnt popped up as many would expect. Lower oil price, which is now hovering around $29/barrel or less is probably keeping production in...

Swedish gross issuance likely to range between 350-425 bn SEK in 2016

Jan 19, 2016 09:59 am UTC| Commentary

Swedish gross issuance in 2015 amounted to 387bn SEK as the relationship between Swedish covered and credit spreads was not stable due to more lending and higher long-term rates that resulted the covered to underperform....

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Economy

Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens

Turkeys automotive market lost momentum in June, with total vehicle sales declining compared to the same period last year, reflecting softer demand across both passenger cars and light commercial vehicles. The latest...

South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan

South Korea signaled heightened vigilance over its currency market on Thursday, with Vice Finance Minister Huh Chang saying the government is maintaining close communication with Japan and other major partners on foreign...

US Resumes Dollar Shipments to Iraq After Months-Long Suspension

The United States has resumed limited shipments of U.S. dollars to Iraq after a months-long suspension, according to a report by The New York Times citing two senior aides to Iraqi Prime Minister Mohammed Shia al-Sudani....

Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes

The Trump administration has declined to renew the U.S.-Mexico-Canada Agreement (USMCA) in its current form, triggering a 10-year countdown that keeps the North American trade pact in force while negotiations continue over...

Asian Currencies Stay Under Pressure as Dollar Holds Near 13-Month High Ahead of U.S. Jobs Report

Asian currencies traded in a narrow range on Thursday as the U.S. dollar remained close to a 13-month high, with investors awaiting the closely watched U.S. nonfarm payrolls report for fresh clues on the Federal Reserves...

Politics

State of emergency in Crimea as Ukraine focuses pressure on ‘jewel in Putin’s crown’

Vladimir Putin has finally acknowledged that Ukraines relentless drone attacks on Russias energy infrastructure are having an effect. Speaking to the ruling United Russia party on June 28, the Russian president confirmed...

OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks

OpenAI has reportedly proposed granting the U.S. government a 5% ownership stake in the artificial intelligence company as it seeks to strengthen ties with Washington and address growing political scrutiny over the rapidly...

EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report

Europes semiconductor industry faces mounting challenges from Chinese export controls, heavy reliance on U.S. technology, and persistent structural weaknesses, leaving the region with a difficult outlook unless it...

NRC Proposes Radiation Rule Changes to Boost U.S. Nuclear Power Expansion Under Trump

The U.S. Nuclear Regulatory Commission (NRC) on Wednesday unveiled a proposal to revise long-standing radiation protection rules, a move that aligns with the Trump administrations broader strategy to accelerate nuclear...

Trump Vows U.S. Will Prevent China From Taking Over the Panama Canal

U.S. President Donald Trump declared on Wednesday that the United States will not allow China to take control of the Panama Canal, underscoring Washingtons continued focus on one of the worlds most strategically important...

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

Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027

Apple is reportedly preparing one of its most ambitious iPhone product cycles in years, with plans to significantly expand its smartphone lineup through 2027 while increasing production targets for its highly anticipated...

Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production

Samsung Group has unveiled a major investment plan worth 140 trillion won (approximately $90 billion) to strengthen South Koreas technology manufacturing sector, with a strong focus on artificial intelligence (AI),...

Super Micro Employees Detained in Taiwan AI Server Export Investigation

Super Micro Computer (NASDAQ: SMCI) said two employees at its Taiwan subsidiary have been detained pending a court hearing, while two others were released on bail after being questioned in an investigation into the alleged...

Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO

Data center operator Switch has reportedly launched a private funding round led by venture capital giant Andreessen Horowitz, aiming to raise approximately $2 billion in fresh capital at a valuation approaching $50...

ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says

Indias ShareChat is preparing for a potential initial public offering (IPO) next year that could raise up to $400 million, according to a Bloomberg News report citing the companys chief financial officer. The move would...