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UK gilts trade steady ahead of 10-year auction, February manufacturing production

Apr 08, 2019 11:22 am UTC| Commentary Economy

The United Kingdoms gilts remained steady amid a silent trading session that witnessed data of little economic significance ahead of the countrys 10-year auction and manufacturing production for the month of February,...

German bunds trade flat despite higher-than-expected February trade balance data; ECB’s policy decision in focus

Apr 08, 2019 10:05 am UTC| Commentary Economy

The German bunds remained flat during European trading session Monday even as the countrys trade balance data for the month of February came in better than market expectations ahead of the European Central Banks (ECB)...

Australian ANZ job advertisements fall further with no signs of immediate recovery

Apr 08, 2019 08:36 am UTC| Commentary Economy

Australian ANZ job advertisements fell by a further 1.7 percent m/m in March, to be down 6 percent Y/Y and in trend terms, job ads were flat for the month and on a Y/Y basis fell by 3.4 percent. Job ads are not showing...

USD/CNY likely to range trade for now, head for 6.60 once US and China reach a trade deal in April-May, says Scotiabank

Apr 08, 2019 07:23 am UTC| Commentary Economy

The USD/CNY currency pair is expected to range trade for now and then head for 6.60 once the United States and China reach a trade deal in April-May. Further, the CFETS RMB Index will likely fluctuate at around the 95...

JGB yields close lower following investors’ risk aversion, BoJ’s bond-buying operation

Apr 08, 2019 07:01 am UTC| Commentary Economy

The Japanese government bond yields closed lower on Monday after investors shifted away from riskier assets towards safe-haven counterparts as Tokyo shares declined amid a regular debt-purchasing operation conducted by the...

Those future tax cut promises... they're nowhere near as big as you'd think

Apr 08, 2019 05:31 am UTC| Insights & Views Economy

The 2018 budget contained big tax measures worth A$143 billion over the next decade initially targeted at lower and middle income Australians, but after five or so years to be heavily weighted towards higher income...

$500m for station car parks? Other transport solutions could do much more for the money

Apr 08, 2019 05:18 am UTC| Insights & Views Economy

Half a billion dollars sounds like a lot of money, but that really depends on what youre spending it on. In Tuesdays federal budget, the Coalition government announced its Commuter Car Park Fund, a A$500 million package...

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Economy

Japan Revises Economic Blueprint to Reassure Markets on BOJ Independence

Japans government is considering revised wording on monetary policy in its latest economic blueprint in an effort to ease investor concerns over the Bank of Japans independence, according to a draft reviewed by Reuters....

Asian Stocks Slip as AI Chip Valuation Fears, Rising Oil Prices Weigh on Markets

Asian stock markets mostly declined on Wednesday as investors remained cautious toward artificial intelligence (AI)-related shares following a sharp semiconductor selloff, while rising oil prices and escalating...

RBNZ Raises Interest Rates to 2.50%, Signals More Tightening as Inflation Risks Persist

The Reserve Bank of New Zealand (RBNZ) raised its official cash rate (OCR) by 25 basis points to 2.50% on Wednesday, matching market expectations, and indicated that further policy tightening could be necessary to bring...

US Stock Futures Steady as Middle East Tensions and Fed Minutes Keep Investors Cautious

U.S. stock index futures were little changed Tuesday night as investors stayed on the sidelines ahead of the release of the Federal Reserves latest meeting minutes while monitoring escalating geopolitical tensions in the...

Oil Prices Jump as Middle East Tensions Shake Markets, AI Rally Loses Steam

Oil prices climbed on Wednesday as renewed conflict in the Middle East and fresh U.S. sanctions targeting Iranian oil exports reignited concerns over global energy supplies, while investors reduced exposure to bonds and...

Politics

Japan LDP Seeks Tougher Enforcement of Shareholder Disclosure Rules for Activist Investors

Japans ruling Liberal Democratic Party (LDP) is preparing proposals to strengthen enforcement of shareholder disclosure rules for activist investors, aiming to improve transparency while preserving the benefits of...

Trump Intelligence Nominee Jay Clayton Set for Senate Confirmation Hearing on July 15

President Donald Trumps nominee for U.S. director of national intelligence, Jay Clayton, is scheduled to appear before the Senate Select Committee on Intelligence for his confirmation hearing on July 15, according to an...

U.S. Strikes Iran, Revokes Oil License as Strait of Hormuz Attacks Escalate

The United States launched a new wave of military strikes against Iran on Tuesday and revoked a key license allowing Tehran to sell oil, escalating tensions after multiple commercial tankers were hit by projectiles in the...

Taiwan Says Defense Preparations Are Essential Amid Rising China Military Threat

Taiwans efforts to strengthen its defenses against a potential Chinese attack are necessary for national security and should not be viewed as a provocation, a senior Taiwanese security official said Tuesday, urging...

Italy Rejects Trump Social Media Feud Ahead of NATO Summit in Turkey

Italy said it will no longer respond to provocative social media comments from U.S. President Donald Trump, choosing instead to avoid public disputes as NATO leaders gather for a summit in Ankara, Turkey. Italian Foreign...

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

Apple Tests China's CXMT Memory Chips as DRAM Maker Gains Global Market Share

Apple Inc. (NASDAQ: AAPL) is reportedly evaluating memory chips from Chinese state-backed ChangXin Memory Technologies (CXMT) for devices sold in China, according to a Financial Times report citing people familiar with the...

OpenAI GPT-5.6 Set for Wider Release After U.S. Commerce Approval, Report Says

OpenAI is expected to roll out its advanced GPT-5.6 artificial intelligence model to a broader audience this week after receiving approval from the U.S. Department of Commerce, according to an Axios report published...

Zhipu AI Stock Jumps on Report of Custom AI Chip Development Plans

Knowledge Atlas Tech Joint Stock (HK:2513), the listed company associated with Chinese AI startup Zhipu AI, surged on Tuesday after a report said the company is exploring the development of a custom application-specific...

SpaceX Stock Draws Bullish Wall Street Coverage Ahead of Nasdaq-100 Inclusion

Several major Wall Street banks have launched coverage of Space Exploration Technologies (SpaceX) ahead of its inclusion in the Nasdaq-100 Index, assigning price targets between $190 and $300 as analysts take different...

China 618 Smartphone Sales Drop 13% as Higher Prices Hurt Demand, Huawei Gains Market Share

Chinas smartphone sales fell 13% year-over-year during the 2026 618 shopping festival as rising handset prices and weaker discounts discouraged buyers, according to Counterpoint Research. The annual month-long shopping...
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