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Tue, Sep 29, 2026 10:38 PM All times are UTC

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Central Banking Series

June jobs report suggests Fed could avoid a recession – but room for error is minuscule

Jul 11, 2022 05:50 am UTC| Economy

The U.S. economy added more jobs than expected in June, signaling the labor market remains strong even as the Federal Reserve tries to weaken it to tame inflation. The July 8, 2022, jobs report also showed the unemployment...

Morocco - a top fertiliser producer - could hold a key to the world’s food supply

Jul 11, 2022 05:39 am UTC| Economy

Morocco has a large fertiliser industry with huge production capacity and international reach. It is one of the worlds top four fertiliser exporters following Russia, China and Canada. Fertilisers tend to divide into...

Devin Booker extends Nike deal through 2029

Jul 09, 2022 23:58 pm UTC| Sports Economy Business

Phoenix Suns guard Devin Booker has reached a new shoe deal with Nike that ensures he remains through 2029 as one of the definitive faces of the brand. Before being drafted in 2015, Booker signed with Nike and extended...

Starbucks Japan to launch peach-packed Frappuccino

Jul 09, 2022 23:58 pm UTC| Life Economy Business

Starbucks in Japan is introducing the peach-packed version of Momo MORE Frappuccino on July 13th, 2022 that is expected to sell out in droves. Very popular since its first release in 2015, the new version of this icy...

Number of golfers per golf course in S. Korea forecast to decline by 2026

Jul 09, 2022 23:56 pm UTC| Sports Economy Business

The number of golfers per golf course in Busan, Ulsan, and North Gyeongsang Province is expected to decline by 22.1 percent by 2026 according to a white paper published by the Korea Leisure Industry Institute. These...

MLS taps IMG Arena to provide services boosting digital and betting capabilities

Jul 09, 2022 23:53 pm UTC| Sports Economy Business

Major League Soccer (MLS) has appointed IMG Arena to provide its betting and media partners with official data feeds, content offerings, and fan analytics and marketing tools as part of a multi-year agreement. It is a...

KFC enters China's shop-bought tea drinks market with Grandpa Comfy Tea outlet

Jul 09, 2022 23:48 pm UTC| Life Economy Business

Kentucky Fried Chicken opened its first Grandpa Comfy Tea outlet in Suzhou, signaling its entry into Chinas huge and popular market for shop-bought tea drinks. The new shop offers tea beverages with characteristics from...

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Economy

RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise

The Reserve Bank of Australia raised interest rates by 25 basis points on Tuesday, taking borrowing costs to their highest level in nearly 15 years as policymakers respond to persistent inflation and rising energy prices....

Asian Stocks Fall as Bond Yields and Oil Prices Surge

Asian stock markets fell broadly on Tuesday as surging U.S. Treasury yields, elevated oil prices and renewed pressure on technology shares dampened investor sentiment. Markets also awaited the Reserve Bank of Australias...

Asian Currencies Mixed as Yen Weakens, RBA Hike Looms

Asian currencies traded mixed on Tuesday, with the Japanese yen weakening toward recent lows as investors weighed intervention risks and the Bank of Japans policy outlook. The U.S. dollar remained near a two-month high,...

Gold Holds Near Seven-Week Low as Fed Rate Hike Bets Rise

Gold prices stabilized near a seven-week low on Tuesday after plunging 4% in the previous session, as elevated oil prices, rising U.S. Treasury yields and expectations for further Federal Reserve rate hikes continued to...

U.S. Stock Futures Steady as AI, Rate Concerns Weigh

U.S. stock futures were little changed Monday evening after Wall Street fell under pressure from elevated Treasury yields, concerns about slowing artificial intelligence development and persistent geopolitical tensions...

Politics

Polymarket Traders Bet on Trump AI Rename to ‘Super Intelligence’

Polymarket traders are betting on whether President Donald Trump will formally rename artificial intelligence as super intelligence, after he publicly called for the terminology change and federal officials began adopting...

Tim Scott Blames Democrats as CLARITY Act Stalls in Senate

Senate Banking Committee Chairman Tim Scott criticized Democrats after the U.S. Senate failed to advance the CLARITY Act, arguing the stalled crypto legislation represented a missed opportunity to establish clearer rules...

White House Blames Democrats as CLARITY Act Stalls

The White House and Republican Senator Cynthia Lummis have blamed Senate Democrats for the CLARITY Acts failure to advance, escalating partisan tensions over landmark U.S. cryptocurrency legislation. The Senate voted 49-50...

US Troops Set to Complete Iraq Withdrawal as Iran Influence Grows

US forces are expected to withdraw from their remaining bases in Iraq by Wednesday, completing a departure agreed in 2024 and raising concerns over Irans expanding influence and the potential resurgence of Islamic State....

Malaysia Begins Deportation of 1,500 Myanmar Nationals

Malaysia began deporting about 1,500 Myanmar nationals on Tuesday under a repatriation programme that has drawn objections from the United Nations and human rights organisations over safety concerns in conflict-hit...

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

Anthropic Targets $2 Trillion Valuation in Planned IPO

Anthropic is preparing for a highly anticipated initial public offering that could value the artificial intelligence company at more than $2 trillion, putting investor enthusiasm for the booming AI sector and its massive...

Samsung Invests $1 Billion in KKR’s Helix AI Infrastructure

Samsung Electronics and five affiliates are investing a combined $1 billion in Helix Digital Infrastructure, a new artificial intelligence infrastructure company backed by investment firm KKR, as Samsung expands deeper...

CSL Partners With AWS to Bring AI Into Drug Research

CSL has entered into a partnership with Amazon Web Services (AWS) to integrate artificial intelligence and cloud computing across its research and clinical development operations, aiming to accelerate drug discovery and...

OpenAI Scraps GPT-6.1 Astra Launch Over Safety Concerns

OpenAI has canceled the planned release of GPT-6.1 Astra after internal testing raised concerns about the artificial intelligence models safety, alignment and ability to stay within authorized boundaries. The...

Pi Network Price Holds $0.087 as Protocol 28 Mainnet Upgrade Nears

Pi Network price traded around $0.0886 on September 28 as investors looked ahead to the Protocol 28 Mainnet upgrade scheduled for October 16. PI remained below the key $0.10 level amid broader weakness across the...