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Fri, Apr 10, 2026 03:48 AM All times are UTC

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Brazil getting close to non-IG status

Oct 16, 2015 05:00 am UTC| Commentary

Fitch Ratings has downgraded Brazils sovereign rating to BBB-, with a Negative Outlook. Despite being the last agency of the triumvirate to downgrade Brazil closer to non-IG status, the fact that Fitch kept the rating...

RBNZ OCR likely to reach 2% in this cycle

Oct 16, 2015 04:53 am UTC| Commentary

RBNZ wasnt inclined to cut the OCR again as soon as its 29 October review, and todays figures support the case for a pause this month.However, this weeks speech by Governor Wheeler showed that the RBNZ remains reluctant to...

NZ's inflation on track to return above 1% by early next year

Oct 16, 2015 04:46 am UTC| Commentary

The 0.3% rise in NZs consumer prices over the September quarter was in line with the Reserve Banks assessment, but a touch higher than the median market forecast of 0.2%. The rise in prices was entirely on tradable...

Good news for US consumers

Oct 16, 2015 04:43 am UTC| Commentary Economy

US latest non farms payrolls report added only 142K jobs to the economy last month, but even though new hiring looks like it is slowing, layoffs have not significantly increased. In fact the latest initial unemployment...

U.S. federal government posts FY 2015 deficit of $438.9bn

Oct 16, 2015 04:39 am UTC| Commentary

The U.S. federal government reported a monthly budget surplus of $91.1bn in September, modestly smaller than CBO projections and consensus expectations of $95.0bn. Receipts were up 4.1% y/y for the month, while spending...

Daily Economic OUtlook: 16th October 2015

Oct 16, 2015 04:30 am UTC| Commentary

Notwithstanding yesterdays stronger-than-expected US CPI data, anxiety about global disinflationary trends puts the spotlight on this mornings final estimate of Eurozone inflation in September. Having dipped back into...

Singapore feels the lift from pre-Christmas stocking

Oct 16, 2015 04:17 am UTC| Commentary

Singapores non-oil domestic exports expanded 0.3% y/y in September, markedly stronger than expectations (Barclays: -3.4%; consensus: -3.9%). On a m/m sa basis, exports grew 2.8%, partly reversing the 4.6% contraction in...

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Economy

U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

U.S. stock index futures edged slightly lower Thursday evening as investors exercised caution ahead of high-stakes ceasefire negotiations between Washington and Tehran, while bracing for a closely watched inflation report....

Trump Slams Iran Over Strait of Hormuz Oil Restrictions Amid Fragile Ceasefire

President Donald Trump publicly criticized Iran on Thursday over its handling of oil shipments through the Strait of Hormuz, escalating tensions just days after a tentative ceasefire agreement between Washington and...

Oil Prices Rise Amid Strait of Hormuz Tensions and U.S.-Iran Talks

Oil prices climbed during Asian trading on Friday, building on Thursdays modest recovery, as markets remained on edge over ongoing supply disruptions in the Middle East and closely watched diplomatic developments ahead of...

Gold Prices Rise on Weaker Dollar and Ceasefire Hopes

Gold prices edged higher on Thursday, supported by a softer U.S. dollar and improving geopolitical sentiment after Israel announced plans to open direct negotiations with Lebanon. The development offered a measure of...

China's Inflation Data Misses Forecasts as Consumer Prices Slow in March

Chinas latest inflation figures came in below market expectations in March, highlighting the ongoing disinflationary challenges facing the worlds second-largest economy. According to official data released Friday, the...

Politics

DOJ Launches Antitrust Investigation Into the NFL Over Broadcast Restrictions

The U.S. Department of Justice has opened an investigation into the National Football League over potential anticompetitive practices that may be harming consumers, according to a source familiar with the matter. The probe...

Cuba Seeks Dialogue With Trump Administration, Diaz-Canel Says

Cuban President Miguel Diaz-Canel has reached out to the Trump administration, expressing his governments willingness to engage in diplomatic talks but only on equal terms. In an exclusive interview with NBC News anchor...

Trump and Starmer Unite to Restore Strait of Hormuz Shipping After U.S.-Iran Ceasefire

British Prime Minister Keir Starmer held a significant phone call with U.S. President Donald Trump on Thursday, focusing on the urgent need to restore commercial shipping through the Strait of Hormuz following a recently...

U.S. Warns Citizens Against Travel to Nigeria Amid Escalating Security Threats

The United States government has urged its citizens to reconsider traveling to Nigeria while authorizing non-emergency embassy staff and their families to leave Abuja, pointing to deteriorating security conditions across...

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...

Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts

Bendigo and Adelaide Bank delivered an impressive financial performance in its third quarter, reporting a 12.8% surge in cash earnings to A$137.9 million for the three months ending March 31. The result came in roughly 12%...

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...

Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

A federal appeals court in Washington, D.C., has refused to halt the Pentagons national security blacklisting of AI company Anthropic, delivering a temporary win for the Trump administration. The ruling comes as another...