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Sat, Dec 06, 2025 02:23 AM All times are UTC

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Danish headline inflation accelerates in July, likely to reach 1 pct by 2016-end

Aug 10, 2016 11:40 am UTC| Commentary Economy

Denmarks inflation in July accelerated 0.3 percent year-on-year. This is unchanged from June and consistent with consensus projection. Last month, core inflation accelerated 0.9 percent. The rise in core inflation was...

Swedish industrial production data comes in weak in June

Aug 10, 2016 09:58 am UTC| Commentary Economy

Sweden has released weak industrial production data for the month of June. According to Statistics Sweden, industrial output, on seasonally adjusted basis, fell 0.4 percent month-on-month Consensus projections were for a...

New home loan lending in Australia rises in June

Aug 10, 2016 07:15 am UTC| Commentary Economy

The value of housing finance commitments in Australia were up in June again, with investors leading the way. The number of new loans to owner occupiers was up 1.2 percent in June after a revised 0.8 percent drop in May. On...

US Home Purchase Sentiment Index rises in July to fresh series high

Aug 10, 2016 06:50 am UTC| Commentary Economy

US Fannie Maes Home Purchase Sentiment Index (HPSI) rose in July. The rise was widespread as all six index components increased in July. The Home Purchase Sentiment Index rose by 3.3 points in July to a fresh series high...

Worrisome Signs Series: Total business sales in the U.S. remain in recession

Aug 10, 2016 06:15 am UTC| Commentary Central Banks Economy

U.S. economy may be continuing its growth and remains still a bit far away from recession, but sections of the economy remainwell into contraction. Many of the indicators like real gross domestic Private investments are...

New Zealand house sales fall in July, but prices continue to rise

Aug 10, 2016 06:14 am UTC| Commentary Economy

House prices in New Zealand continued to rise in July. However, national sales volumes dropped sharply in the month. The national sales volumes, on seasonally adjusted terms, fell 11 percent month-on-month to its lowest...

Productivity growth in US falls for third consecutive quarter in Q2

Aug 10, 2016 06:10 am UTC| Commentary Economy

Productivity growth in the US surprisingly dropped for the third straight quarter in the second quarter of 2016. Non-farm business output per hour dropped 0.5 percent quarter-on-quarter saar, according to a US Labor...

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Economy

Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut

The upcoming Federal Reserve meeting is shaping up to be one of the most closely watched and contentious in years, with investors focused on how divided policymakers are over a potential interest-rate cut and the signals...

U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut

U.S. stocks ended higher on Friday as a softer inflation reading strengthened expectations that the Federal Reserve could move forward with an interest-rate cut next week. The SP 500 climbed 0.2%, the Dow Jones Industrial...

U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut

U.S. stocks closed the week with modest gains on Friday, as investors weighed a wave of delayed economic data and maintained strong expectations for a Federal Reserve interest rate cut at next weeks policy meeting. Despite...

Trump Meets Mexico and Canada Leaders After 2026 World Cup Draw Amid USMCA Tensions

U.S. President Donald Trump met with Mexican President Claudia Sheinbaum and Canadian Prime Minister Mark Carney in Washington on Friday, holding private talks focused on trade, immigration, and regional cooperation. The...

Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data

Gold prices moved higher in Asian trading on Friday, supported by a weakening U.S. dollar and strong expectations that the Federal Reserve will cut interest rates at its upcoming December 910 meeting. Spot gold rose 0.5%...

Politics

Australia Imposes Sanctions on Taliban Officials Over Human Rights Abuses

Australia has announced new financial sanctions and travel bans against four senior officials of Afghanistans Taliban government, citing the worsening human rights situation in the country, particularly the escalating...

U.S. Appeals Court Rules Trump Can Remove Members of Key Federal Labor Boards

A U.S. appeals court has ruled that President Donald Trump had the authority to dismiss Democratic members of two major federal labor boards, marking a significant win for efforts to expand presidential control over...

Trump Backs Review of U.S. Childhood Vaccine Schedule After Hepatitis B Policy Change

President Donald Trump on Friday expressed support for a major shift in U.S. vaccine policy after government advisers voted to eliminate the long-standing recommendation that all newborns receive the hepatitis B vaccine at...

Cuba Quietly Signals Openness to Post-Maduro Venezuela as U.S. Pressure Intensifies

U.S. pressure on Venezuela has triggered discreet outreach from figures inside the Cuban government, according to two sources familiar with the sensitive communications. The individuals, who requested anonymity, said that...

Escalating Conflict in Eastern Congo Despite U.S.-Brokered Peace Efforts

Fighting intensified across eastern Democratic Republic of Congo on Friday, just a day after U.S. President Donald Trump met with Congolese President Felix Tshisekedi and Rwandan President Paul Kagame in Washington. The...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...