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Wed, Apr 01, 2026 01:42 AM All times are UTC

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INR outlook faces downside risks amidst RBI governor’s resignation

Dec 11, 2018 13:15 pm UTC| Commentary Central Banks

Reserve Bank of India governor Urjit Patel stepped down from his post in a surprise move yesterday. Patel cited personal reasons for his move; however, this is a sign of an increasing dispute between Patel and the...

U.K. jobless rate unchanged at 4.1 pct, labor market likely to remain tight in months ahead

Dec 11, 2018 12:05 pm UTC| Commentary

U.K. labor market regained momentum. The latest U.K. labor market figures indicated that near-term economic trends continued to stay strong, in spite of ongoing uncertainties in the longer-term economic outlook. Growth...

India Election: Morning setback turns into humiliating defeat for Modi government by afternoon

Dec 11, 2018 11:31 am UTC| Commentary

Just a half year back, Prime Minister Narendra Modi was counting the opposition Congress Party leader Rahul Gandhi out calling him pappu; a small boy. But that pappu is enjoying the last laugh today, as he not only led his...

U.S. Treasuries trade downside ahead of November producer price index, short-term 3-year auction

Dec 11, 2018 11:25 am UTC| Commentary Economy

The U.S. Treasuries traded down during late afternoon session Tuesday ahead of the countrys producer price index (PPI) data for the month of November, scheduled to be released today by 13:30GMT. Also, the short-term...

German bunds suffer following better-than-expected recovery in December ZEW economic sentiment

Dec 11, 2018 10:39 am UTC| Commentary Economy

The German bunds suffered during European session Tuesday following a better-than-expected recovery in the countrys ZEW economic sentiment index for the month of December, released today. Further attention will now be...

UK gilts plunge after wage inflation rises in October, followed by employment change; jobless rate unchanged

Dec 11, 2018 10:01 am UTC| Commentary Economy

The United Kingdoms gilts plunged during Tuesdays afternoon session after the countrys average earnings for the month of October, not only surpassed market expectations, but also rose compared to the previous reading in...

FxWirePro: Sell Eurostoxx50 for short term target of 2630 area

Dec 11, 2018 09:46 am UTC| Commentary

Over the past three months or so, the European blue-chip index Eurostoxx50 has declined around 8.5 percent and it is down more than 13 percent so far in 2018. The index has been declining since last year, we have called on...

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Economy

Japan's Business Confidence Rises Despite Iran War Uncertainty, BOJ Rate Hike Expected

Japans large manufacturers reported improved business sentiment in the three months to March, according to the Bank of Japans closely watched Tankan survey released Wednesday. The headline index for big manufacturers...

South Korea Manufacturing PMI Hits 4-Year High in March 2025 Driven by Semiconductor Demand

South Koreas manufacturing sector delivered a standout performance in March, with factory activity accelerating to its strongest level in over four years. Data from SP Globals Purchasing Managers Index showed a reading of...

Gold Prices Rebound But Head for Worst Month Since 2008 Amid Iran War Uncertainty

Gold prices climbed on Tuesday as investors returned to safe-haven assets during a brief equity market rally, though the precious metal remained on course for its steepest monthly decline in nearly 17 and a half years....

Oil Prices Climb as Middle East Conflict Keeps Supply Risks Elevated

Oil prices edged higher in early Wednesday trading as ongoing Middle East instability continued to rattle energy markets, even as diplomatic efforts between the U.S. and Iran showed tentative signs of progress. Brent crude...

South Korea's Exports Hit Record High in March on AI-Driven Chip Demand

South Koreas exports surged to an all-time high in March, beating analyst forecasts and recording their fastest annual growth in nearly four decades. Driven by booming global demand for semiconductors tied to artificial...

Politics

U.S. Senator Pushes to Permanently Block Chinese Automakers from American Market

Republican Senator Bernie Moreno announced plans to introduce legislation next month that would permanently and comprehensively ban Chinese automakers from the U.S. automotive market. The proposed bill would expand on an...

Trump Threatens Federal Intervention in Los Angeles Ahead of 2026 World Cup

President Donald Trump signaled on Tuesday that the federal government is prepared to assert authority over Los Angeles when the city hosts matches during the 2026 FIFA World Cup, citing concerns over public safety and...

Syria Vows Neutrality Amid U.S.-Israeli Conflict With Iran

Syrian President Ahmed al-Sharaa reaffirmed on Tuesday that Syria intends to remain neutral in the ongoing U.S.-Israeli military conflict against Iran, unless the country itself becomes a direct target with no remaining...

Rubio Directs U.S. Diplomats to Use X and Military Psyops to Counter Foreign Propaganda

Secretary of State Marco Rubio has instructed American diplomats to leverage social media platform X and collaborate with Pentagon psychological operations units as part of a broader strategy to combat foreign...

Trump Signals U.S. Military Exit From Iran Within Weeks After Declaring Nuclear Mission Accomplished

President Donald Trump announced Tuesday that U.S. military forces are expected to withdraw from Iran within two to three weeks, declaring that the mission to neutralize the countrys nuclear threat has been successfully...

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

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...

Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers

Microsoft Corporation (NASDAQ: MSFT) is reportedly in exclusive negotiations with Chevron Corp (NYSE: CVX) and investment firm Engine No. 1 to develop a massive energy complex in West Texas dedicated to powering its...

California's AI Executive Order Pushes Responsible Tech Use in State Contracts

California Governor Gavin Newsom signed a landmark executive order Monday, setting new standards for artificial intelligence governance in state contracting. The directive requires companies seeking government contracts to...

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...

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...