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JPY review: Western Union

Feb 25, 2015 18:16 pm UTC| Commentary

Quotes from Western Union:- The yen was steady to a smidge stronger against the greenback, helped by lower U.S. Treasury yields which reflected waning confidence in a Fed rate hike as soon as June.- But that shouldnt...

EUR review: Western Union

Feb 25, 2015 18:15 pm UTC| Commentary

Quotes from Western Union:- The euro struggled to gain much traction with its downside cushioned by the mild pullback in the dollar though lingering uneasiness over Greeces fiscal health kept a lid on its upside.- The euro...

EZ economic sentiment probably rose again in Feb: Capital Economics

Feb 25, 2015 18:08 pm UTC| Commentary

Quotes from Capital Economics:- The ECs Economic Sentiment Indicator (ESI) (10.00 GMT) is likely to have risen again in February, but the stand-off over Greece may mean the improvement is short-lived.- The ESI rose to...

South Africa revises official growth forecasts for 2015 and 2016: Capital Economics

Feb 25, 2015 17:58 pm UTC| Commentary

Quotes from Capital Economics:- South Africas Finance Minister Nhlanhla Nene presented his first budget to parliament on Wednesday, proposing higher consumption taxes in an effort to limit South Africas fiscal deficit.-...

Hong Kong’s GDP growth likely to rebound in 2015: Capital Economics

Feb 25, 2015 17:47 pm UTC| Commentary

Quotes from Capital Economics:- Hong Kongs GDP figures, also released on Wednesday, showed that GDP grew by 0.4% q/q in Q4 in seasonally-adjusted terms, down from 1.4% in Q3.- The most striking feature in the breakdown is...

China headline growth should begin to suffer in Q2 2015: Capital Economics

Feb 25, 2015 17:33 pm UTC| Commentary

Quotes from Capital Economics:- Chinas HSBC/Markit manufacturing PMI picked up from 49.7 in January to 50.1 this month according to the flash reading (released on Wed). Although the breakdown points to weaker external...

US new home sales to continue to perform well over the course of 2015: Capital Economics

Feb 25, 2015 17:29 pm UTC| Commentary

Quotes from Capital Economics:- US new home sales sustained almost all of Decembers seven-year high in January, falling by a marginal 0.2% m/m. (Data released on Wednesday.)- The strong labour market and loosening mortgage...

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Economy

U.S. Stock Futures Steady as Iran Reviews U.S. Ceasefire Proposal

U.S. stock index futures held relatively steady on Wednesday evening after Iran signaled it was reviewing a ceasefire proposal put forward by Washington aimed at ending the ongoing Middle East conflict. The cautious market...

Oil Prices Climb as Iran Reviews U.S. Peace Proposal Amid Middle East Tensions

Oil prices edged higher during Asian trading on Thursday as conflicting signals over potential Middle East de-escalation kept energy markets on alert. Brent crude futures for May delivery rose 0.8% to $103.02 per barrel,...

Gold Prices Climb as Middle East Ceasefire Talks Stir Market Optimism

Gold prices edged higher on Wednesday as cautious optimism surrounding potential U.S.-Iran ceasefire negotiations lifted sentiment across global markets. Spot gold climbed 0.7% to $4,504.58 per ounce, while U.S. gold...

Middle East War Rattles Global Markets as Oil Tops $100 and Dollar Surges

Asian equity markets struggled to find clear direction on Thursday as investors navigated a rapidly shifting geopolitical landscape in the Middle East. Iran signaled conditional willingness to consider a U.S.-backed...

Federal Reserve Balance Sheet Reduction: Brookings Research Outlines Possible Path Forward

New research from the Brookings Institution suggests the Federal Reserve could shrink its balance sheet through a combination of regulatory adjustments, payment system reforms, and more active market interventions without...

Politics

Trump to Visit China in May for High-Stakes Xi Summit Amid Iran War

U.S. President Donald Trump is set to meet Chinese President Xi Jinping in Beijing on May 14 and 15, marking his first visit to China in eight years. The trip, originally scheduled for next week, was postponed due to...

Trump's Overhaul of American History: Museums, Monuments, and Cultural Institutions

Since returning to the White House, President Donald Trump has launched a sweeping campaign to reshape how American history is presented across cultural institutions, national parks, and public monuments. Framing his...

Pakistan's Diplomatic Rise: Mediating U.S.-Iran Peace Talks

Pakistan is emerging as a key global mediator in efforts to end the ongoing U.S.-Iran conflict, leveraging its unique position as a trusted contact for both Washington and Tehran. This diplomatic role could elevate...

US Accelerates Taiwan Arms Deliveries Amid Rising China Threat

Taiwans Defense Minister Wellington Koo confirmed Wednesday that the United States has expressed a strong sense of urgency in bolstering Taiwans military capabilities, with active efforts underway to resolve long-standing...

Trump Administration Settles Lawsuit Barring Federal Agencies from Pressuring Social Media Censorship

The Trump administration has reached a landmark settlement that prohibits three major federal agencies from coercing social media platforms into removing or suppressing constitutionally protected speech. The agreement,...

Science

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...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco

Shares of Taiwan-based memory chip manufacturer Nanya Technology soared to their daily limit of 10% on Thursday morning following the companys announcement of a major $2.5 billion private placement deal backed by prominent...

SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion

South Korean memory chip giant SK Hynix has submitted a confidential filing for a U.S. stock market listing in 2026, with sources indicating the move could raise as much as $14 billion. The company intends to offer...

Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push

Meta Platforms made a significant move this week by granting restricted stock units and stock options to several of its most senior leaders, including Chief Financial Officer Susan Li and Chief Technology Officer Andrew...

SpaceX IPO Filing Expected This Week as Valuation Could Surpass $75 Billion

Elon Musks SpaceX is reportedly moving closer to going public, with plans to submit its initial public offering prospectus to regulators as early as this week or next, according to a report by The Information citing a...

OpenAI Pulls the Plug on Sora, Ending $1 Billion Disney Partnership

OpenAI has officially shut down Sora, its AI-powered video generation tool, in a move that blindsided partners and staff alike and effectively ended a landmark deal with Walt Disney Co. The decision marks a major...