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Australian bonds mixed after RBA maintains steady policy rate with positive outlook on labour market

Apr 02, 2019 03:51 am UTC| Commentary Economy

Australian government bonds remained mixed during Asian trading session Tuesday after the Reserve Bank of Australia (RBA) maintained a steady rate in its monetary policy meeting, held early today, while maintaining a...

New focus on the foundations of the UK's economy might help poorest regions post-Brexit

Apr 01, 2019 17:24 pm UTC| Insights & Views Economy

Among all the uncertainty Brexit is causing, concerns have arisen over the potential fuel it is adding to the pertinent problem of inequality. There is mounting evidence that post-Brexit, the economic and social...

How government deficits fund private savings

Apr 01, 2019 17:23 pm UTC| Insights & Views Economy

The ruling Liberals have tabled another deficit budget. The government debt grows larger. Commentators are wringing their hands and wagging their fingers. The worries are largely based in misrepresentation or ignorance of...

Canada is becoming a lonely place, and that’s good news for the food industry

Apr 01, 2019 17:01 pm UTC| Insights & Views Economy

The number of single-person households in Canada has never been higher. It appears Canada is catching up to the rest of the Western world. More than 28 per cent of Canadian households are home to one person...

UK gilts suffer following higher-than-expected March manufacturing PMI; 5-year auction in focus

Apr 01, 2019 11:24 am UTC| Commentary Economy

The United Kingdoms gilts during Mondays afternoon session, after the countrys manufacturing PMI for the month of March cheered market investors ahead of the 5-year auction, scheduled to be held on April 2 by...

German bunds plunge despite lower-than-expected March manufacturing PMI, eurozone CPI

Apr 01, 2019 11:12 am UTC| Commentary Economy

The German bunds plunged during European session Monday even after the countrys manufacturing PMI for the month of March came in lower than market expectations, coupled with eurozones consumer price inflation for the...

Indonesia’s headline inflation eases for fourth straight month in March, just below BI’s target band

Apr 01, 2019 08:20 am UTC| Commentary Economy

Indonesias headline inflation eased for a fourth straight month in March, and at 2.48 percent y/y, is just below Bank Indonesias (BI) 2.50-4.50 percent target band. Most major components saw a slight pullback, with housing...

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Economy

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...

European Stocks Hold Steady as Consumer Shares Rise, AI Tech Selloff Weighs on Markets

European shares were little changed on Tuesday as gains in consumer-focused sectors offset a broad selloff in artificial intelligence-linked technology stocks, while investors closely monitored the NATO summit in Turkey...

Politics

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...

Damascus Blasts Strike Near Hotel Ahead of Macron Syria Visit

Explosive devices detonated near a hotel in Damascus on Tuesday where French President Emmanuel Macron was scheduled to stay, prompting heightened security measures in the Syrian capital, according to a security source....

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...