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Sun, Mar 29, 2026 03:25 AM All times are UTC

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IGC expects balanced wheat market and supply deficit on corn market

May 29, 2015 10:40 am UTC| Commentary

The International Grains Council (IGC) published new estimates for the global wheat and corn markets in 2015/16 yesterday. The estimates for wheat are now closer to those of the US Department of Agriculture (USDA).Wheat...

Thailand posts weaker domestic demand, BoT unlikely to cut on 10 June

May 29, 2015 10:35 am UTC| Commentary

The Bank of Thailands April economic report indicates domestic demand remained weak, with consumption and investment falling further, but that strong tourism growth, and a pickup in fiscal spending that began in March, are...

Russia’s retail sales declining in mom terms

May 29, 2015 10:13 am UTC| Commentary

Russias consumer indicators for April give a mixed impression. On the one hand, a continued decline in consumer demand confirms the recessionary trends in the Russian economy. On the other hand, a slowdown in the retail...

South Korean exports likely contracted, supporting BoK rate cut in June

May 29, 2015 10:01 am UTC| Commentary

A significant contraction in exports is anticipated in May, based on the interim numbers up to 20 May. Societe Generale forecasts exports to fall from USD46.2bn in April to USD40.5bn in May, which is a substantial decline...

Chinese gold imports fell to 8-month low in April

May 29, 2015 09:49 am UTC| Commentary

After dipping briefly to a 2½-week low of $1,180 per troy ounce yesterday, the gold price is trading around $10 higher again this morning. It thus remains below the psychologically important $1,200 per troy ounce...

US gasoline demand rises to highest level since August 2007

May 29, 2015 09:40 am UTC| Commentary

Oil prices rose again for the first time yesterday after two days of considerable losses. For a while they looked like chalking up their third day of losses in a row, until prices began to recover in the later course of...

French household consumption soft start in Q2

May 29, 2015 09:28 am UTC| Commentary

French household consumption of goods stabilised in April, posting growth of 0.1% m/m. A rebound in manufactured goods drove the rise, edging up 0.3% over the month. Meanwhile, the fall in consumption of energy was...

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Economy

Russell 1000 Companies Hit $2.2T Cash Record While Aggressively Reinvesting in Growth

Large-cap U.S. corporations are sitting on record cash reserves while simultaneously pouring money back into their businesses at an unprecedented pace. According to Morgan Stanleys latest benchmark report on Q4 2025 data,...

U.S. Jobs Market Eyes March Recovery Amid Inflation Pressures

Economists are forecasting a modest rebound in U.S. employment for March, with nonfarm payrolls projected to climb by 60,000 a significant turnaround after a 92,000 decline in February, one of the steepest monthly drops...

EU and CPTPP Nations Push for Landmark Digital Trade Agreement

The European Union and member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have officially agreed to pursue a groundbreaking digital trade deal, marking a potentially...

Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears

Major cybersecurity stocks took a sharp hit Friday following reports that Anthropic accidentally exposed details about its next-generation AI model before its official launch. CrowdStrike fell 7%, Palo Alto Networks...

Gold Prices Rise Amid Geopolitical Tensions and Safe Haven Demand

Gold prices climbed on Friday, positioning the precious metal for a weekly gain as investors retreated from riskier assets and sought refuge in safe haven investments like bullion and the U.S. dollar. The move came amid...

Politics

Pentagon Eyes Weeks-Long Ground Operations in Iran, Reports Say

Senior U.S. military officials are reportedly drawing up plans for extended ground operations in Iran spanning several weeks, according to a Saturday report from The Washington Post. The report, which cited unnamed U.S....

Israeli Airstrikes Kill Six Palestinians in Gaza Despite Ongoing Ceasefire

Israeli airstrikes struck two Hamas-led police checkpoints in the Khan Younis area of southern Gaza, killing at least six Palestinians, including a young girl, according to local health officials. Three police officers and...

Pakistan Hosts Multilateral Talks on U.S.-Iran War as Region Seeks De-escalation

Pakistan is positioning itself as a key diplomatic hub as it prepares to host foreign ministers from Saudi Arabia, Turkey, and Egypt for two days of high-stakes talks beginning Sunday. The meetings center on the ongoing...

Brazil and Mexico Stand Firm Behind Bachelet's UN Secretary-General Bid

Brazilian President Luiz Inácio Lula da Silva reaffirmed his countrys unwavering support for former Chilean President Michelle Bachelet as a candidate for the next United Nations Secretary-General, even after Chile...

Middle East Conflict Escalates: Gulf Infrastructure Hit, U.S. Troops Wounded, Ceasefire Talks Underway

A month into the intensifying Middle East conflict, military strikes are increasingly targeting critical economic infrastructure across the Gulf region, raising global market concerns and drawing deeper U.S. military...

Science

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...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Technology

Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers

Procurement records reveal that four Chinese universities, two of which have direct ties to the Peoples Liberation Army, acquired Super Micro Computer servers loaded with restricted Nvidia AI chips over the past year. The...

Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic

A federal judge has temporarily prevented the Pentagon from enforcing its designation of Anthropic as a national security supply-chain risk, dealing an early blow to the Trump administration in a growing dispute over...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...

Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round

Nvidia-backed artificial intelligence startup Reflection AI is in advanced discussions to secure $2.5 billion in fresh funding, with negotiations pointing to a staggering pre-money valuation of $25 billion, according to a...