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Swedish retail sales fall above expectations in July

Aug 28, 2018 13:11 pm UTC| Commentary

Swedish retail sales fell more than expected in July after dropping sharply in the prior month. On a year on year basis, retail sales in Sweden fell 1.2 percent, whereas it dropped 1 percent on a sequential basis. July...

Global Geopolitical leaders: Palestinian Authority leaders between rock and a hard place

Aug 28, 2018 12:35 pm UTC| Commentary

Times are tough for Palestinian Authority (PA) leaders and especially for President Mahmoud Abbas as the leaders popularity declines at home, amid tightening of the geopolitical screw by President Donald Trump of the U.S....

Singapore’s economic growth likely to moderate in H2 2018, MAS to continue policy normalization

Aug 28, 2018 12:23 pm UTC| Commentary

In the first half of this year, the Singaporean economy has grown 4.2 percent. Nevertheless, the economic growth is likely to ease in the second half of the year, owing to the less favourable base effects, noted ANZ in a...

Global Geopolitical Series: Pompeo pressured to condemn Saudi abduction of activists

Aug 28, 2018 12:07 pm UTC| Commentary

As the United States left Canada alone in its bitter feud with Saudi Arabia over the abduction of two female social activists by the Kingdom, American lawmakers have come forwarded in support. The feud was triggered after...

Cryptocurrency Brief: Bitcoin surges to 3-week high on renewed buying interest, altcoins follow suit, ETH/USD ditches the trend – Tuesday, August 28th, 2018

Aug 28, 2018 11:54 am UTC| Commentary Digital Currency Market Roundups Economy

BTC/USD: Bitcoin prices surged to a 3-week high during European session Monday as investors engaged in buying attitude across the board. A report from Ethereum World News confirmed that Tom Lee has predicted that BTC could...

Global Geopolitical Series: French President calls for independent EU military might to counter Washington’s influence

Aug 28, 2018 11:23 am UTC| Commentary

French President Emmanuel Macron once again pushed one of his top agenda, which is to build European Joint military force calling it a necessity of the current time as the European Union and the United States are drifting...

U.S. Treasuries tad lower ahead of 5-year auction, Q2 GDP

Aug 28, 2018 11:16 am UTC| Commentary Economy

The U.S. Treasuries remained tad lower Tuesday ahead of the countrys 5-year auction, scheduled to be held today by 17:00GMT. Also, the second-quarter gross domestic product (GDP), due to be released on August 29 by...

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Economy

Houthi Naval Blockade on Saudi Arabia Escalates Iran Conflict, Threatens Global Oil Supply

Yemens Iran-backed Houthi movement announced a naval blockade against Saudi Arabia on Monday, significantly escalating tensions in the Middle East and raising fresh concerns over global energy supplies, oil prices, and...

ASEAN Ministers Warn Middle East Conflict Threatens Regional Stability and Energy Security

The escalating Middle East conflict dominated discussions at the ASEAN foreign ministers meeting in Manila on Tuesday, as leaders warned that renewed fighting could threaten global energy supplies, fuel inflation, and...

Trump Set to Unveil New Tariffs on Dozens of Countries as Global 10% Duty Nears Expiration

U.S. President Donald Trump is expected to introduce a fresh round of tariffs on dozens of countries as early as this week, according to a report by the Financial Times. The move comes as the administrations temporary 10%...

US-Iran Conflict Escalates as Gulf Attacks Threaten Global Oil Supply

The conflict between the United States and Iran intensified overnight as U.S. forces launched fresh airstrikes across southern Iran following President Donald Trumps vow to retaliate for the deaths of American soldiers....

US Stock Futures Rise as AI Optimism Lifts Tech, 3M Jumps on Strong Earnings

U.S. stock futures moved higher on Tuesday, led by semiconductor and technology stocks, as investors looked ahead to a busy week of corporate earnings that could determine whether the artificial intelligence-driven rally...

Politics

US, China to Hold AI Talks Ahead of Xi’s September Visit

The United States and China are preparing to hold high-level artificial intelligence (AI) talks in September, marking the first official AI dialogue between the two countries under President Donald Trumps administration....

Israeli Airstrike Kills Family of Six in Gaza as Ceasefire Death Toll Mounts

An Israeli airstrike in Gaza City on Tuesday killed a family of six after their home was struck and engulfed in flames, according to Palestinian health officials, highlighting the continued violence despite an October...

Trump-Aligned MAGA Inc Builds $400 Million War Chest Ahead of Midterm Elections

MAGA Inc, the super political action committee aligned with U.S. President Donald Trump, has accumulated more than $400 million as Republicans prepare for the November U.S. midterm elections, according to a new filing with...

Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields

Japanese Prime Minister Sanae Takaichi unveiled her first economic policy blueprint on Tuesday, pledging to increase investment in strategic growth sectors while reaffirming cooperation with the Bank of Japan (BOJ)....

Civil Rights Groups Sue Trump Administration Over Childcare Funding Freeze and Influencer's Role

Civil rights organizations have filed a lawsuit against President Donald Trumps administration, challenging its attempt to restrict billions of dollars in federal childcare and family assistance funding while seeking...

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

Morgan Stanley Downgrades Adobe, Workday as AI Transition Raises Growth Concerns

Morgan Stanley adopted a mixed outlook on the software sector on Tuesday, turning bearish on Adobe (NASDAQ: ADBE) and Workday (NASDAQ: WDAY) while maintaining an overall positive view of the industry. The investment bank...

Judge Approves Anthropic’s $1.5 Billion AI Copyright Settlement With Authors

A federal judge in San Francisco has granted final approval to Anthropics landmark $1.5 billion copyright settlement, bringing a major chapter in the legal battle over AI training data and copyrighted books closer to an...

Nvidia Reveals 9.3% Stake in AI Cloud Firm Nebius Following $2 Billion Investment

Nvidia has disclosed that it holds a 9.3% stake in AI cloud infrastructure company Nebius, further strengthening its presence in the rapidly expanding artificial intelligence ecosystem. The disclosure follows Nvidias...

SpaceX Q2 Earnings on Aug. 4 Set Stage for Historic Insider Share Unlock

SpaceX (NASDAQ: SPCX) will report its second-quarter 2026 financial results after the market closes on August 4, marking its first earnings release since its record-breaking initial public offering. The company will also...

Samsung Cuts U.S. Consumer Electronics Jobs as Headquarters Moves to Texas

Samsung Electronics has reduced its workforce in the United States as it relocates the headquarters of its consumer electronics business from New Jersey to Texas, affecting hundreds of employees while maintaining that the...
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