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Sat, Dec 06, 2025 01:36 AM All times are UTC

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US Fed to keep target range for federal funds rate unchanged during July meeting

Jul 21, 2016 07:24 am UTC| Commentary Central Banks Economy

The Federal Open Market Committee (FOMC) had maintained its policy rate at 25-50 basis points during its June meeting amidst a significant deceleration of employment growth in May and the pending UK referendum in EU...

Net inflow of migrants into New Zealand almost unchanged in June

Jul 21, 2016 06:02 am UTC| Commentary Economy

New Zealand has recorded a net inflow of 5,670 migrants on a seasonally adjusted basis in June. This is almost the same size of the net inflows witnessed in the past four months. Indeed, this is lower than the rates...

RBNZ signals further policy easing as stronger NZD hurts inflation outlook

Jul 21, 2016 05:29 am UTC| Commentary Central Banks Economy

The Reserve Bank of New Zealand on Thursdayreleased its short economic update. In the July update, the central bank gave fresh guidance on monetary policy. According to the RBNZs statement, the stronger New Zealand dollar...

FxWirePro: The Day Ahead- 21st July 2016

Jul 21, 2016 04:55 am UTC| Commentary Economy

Not many economic dockets scheduled for today but some with high volatility risks associated. Data released so far Australia: National Australia Banks business confidence declined to 2 in second quarter from...

Chart of the Day Series

Chart of the Day: Surprising States

Jul 20, 2016 13:56 pm UTC| Commentary Economy

Citibanks U.S. economic surprise index hit the highest level since January2015. If the surprises keep coming, it may bring back the lost rate hike expectations from the U.S. Federal Reserve as well as the strength of the...

Domestic demand primarily supports South Korean economic activity

Jul 20, 2016 12:58 pm UTC| Commentary Economy

Chinas subdued economic activity continues to negatively impact South Koreas economic outlook as the latters export sector is quite dependent on demand from China. More than one-fourth of Koreas total exports are shipped...

Euro area’s and EU’s current account surplus narrows in May

Jul 20, 2016 11:29 am UTC| Commentary Economy

The European Union has recorded a current account surplus of EUR 10.5 billion in May 2016, as compared with Aprils surplus of EUR 12.9 billion and May 2015s surplus of EUR 9.4 billion, according to Eurostat. Seasonally...

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Economy

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%...

Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification

Asias equity capital markets are poised for another strong year as a surge of high-profile IPOs from China and India attracts global investors seeking diversification beyond U.S. assets. In 2025, Asian ECM...

Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures

Spains industrial sector posted a moderate yet encouraging rise in October, with industrial output increasing 1.2% compared to the same month last year, according to new data released by the National Statistics Institute...

European Stocks Rise as Markets Await Key U.S. Inflation Data

European stock markets edged higher on Friday as investors looked ahead to the delayed release of the Federal Reserves preferred inflation metric, a key indicator ahead of next weeks policy meeting. By early European...

European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure

European oil and gas equities are entering 2026 on a more cautious footing as J.P. Morgans latest EU Oils Outlook highlights tightening valuations and growing concerns over a projected global oil oversupply. Despite Brent...

Politics

Honduras Awaits Final Election Results as Asfura Holds Slim Lead Amid U.S. Attention

Honduras presidential race tightened further on Friday as conservative candidate Nasry Asfura maintained a razor-thin lead while vote counting stretched into a sixth day. With 87.84% of ballots counted, the National Party...

Trump’s New U.S. Strategy Seeks to Deter China and Protect Taiwan

President Donald Trumps administration has outlined a strengthened U.S. strategy aimed at preventing conflict with China over Taiwan and the South China Sea by expanding American and allied military power. The latest...

Putin and U.S. Envoy Witkoff Hold “Truly Friendly” Talks as Ukraine Peace Efforts Intensify

The Kremlin signaled a notable shift in tone in U.S.Russia dialogue after Russian President Vladimir Putins nearly five-hour meeting with U.S. envoy Steve Witkoff and White House adviser Jared Kushner. According to Yuri...

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...

China’s Expanding Maritime Military Presence Alarms Taiwan and Japan

Taiwan and Japan expressed growing concern on Friday over Chinas expanding military activity across East Asian waters, following a Reuters report revealing Beijings largest maritime deployment to date. According to...

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

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...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...