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Improving Aussie Economic Environment Impacts AUD positively

Apr 17, 2015 06:37 am UTC| Economy

It has been noted with a keen observation that Australian macros are outperforming among major Asia Pacific (APAC) economies in the recent past. As a result, Australian economy headed into perfect boom in 2015.In the last...

Fitch: Spain Faces Slow, Uneven Housing Market Recovery

Mar 23, 2015 10:33 am UTC| Economy

Recent data suggests that Spains protracted house price correction is coming to an end, in line with Fitch Ratings forecasts. Improving credit supply will support the housing market, but weak fundamentals, particularly in...

Japanese government to raise is economic assessment report in March report - Nikkei

Mar 19, 2015 23:18 pm UTC| Economy

This (March assessment) will be the first upgrade since July of 2014 The assessment was downgraded in September and October due to slower consumption and has since remained unchanged since...

AUD/USD headwind strengthens

Mar 13, 2015 04:38 am UTC| Economy

Outbreak of offers slid AUD to fresh intraday low of 0.7674 c-0.40% USD strength weighs on disinterested pre-weekend market Below average turnover worsens slippage 0.7661 5-DMA slated technical ...

WSJ: Japan Has Plenty of Jobs, but Workers Still Struggle

Mar 13, 2015 00:32 am UTC| Economy

Notes from WSJ: Japans unemployment rate now sits near a 17-year low at 3.6%-a level that nearly qualifies as full employment, which traditionally would make wages rise But nonregular jobs have grown to 19.9 million...

Australia NAB: Conditions Stable,Confidence Down to 2013 Level

Mar 10, 2015 00:40 am UTC| Economy

Comments from NAB: Up to a 40% chance the Reserve Bank of Australia cash rate goes below 2% The capex subindex points to moderate expansion in non mining "Confidence also fell across all industries except...

Highlights from India budget 2015/16 that begins on April 1

Feb 28, 2015 10:25 am UTC| Economy

FISCAL DEFICIT Fiscal deficit seen at 3.9 percent of GDP in 2015/16 Will meet the challenging fiscal target of 4.1 percent of GDP Remain committed to meeting medium term fiscal deficit target of 3 percent of...

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Economy

Asian Currencies Slide as Indian Rupee Hits Record Low Amid Iran Tensions

Asian currencies weakened further on Tuesday, led by the Indian rupee, which plunged to a record low as rising Middle East tensions pushed crude oil prices higher and strengthened demand for the U.S. dollar. Investors also...

US, Japan Reaffirm Strong Currency Coordination Amid Yen Volatility

U.S. Treasury Secretary Scott Bessent and Japanese Finance Minister Satsuki Katayama reaffirmed strong cooperation on foreign exchange policy during meetings in Tokyo, signaling continued coordination to address excessive...

Rubio Discusses Iran Crisis and Strait of Hormuz Disruptions With UK and Australia

U.S. Secretary of State Marco Rubio held separate discussions on Monday with Australian Foreign Minister Penny Wong and British Foreign Secretary Yvette Cooper regarding the escalating Iran conflict and the ongoing...

Trump Says Iran Ceasefire ‘On Life Support’ as Oil Prices Surge Above $104

Hopes for a peace deal between the United States and Iran weakened Tuesday after U.S. President Donald Trump said the fragile ceasefire was on life support following Tehrans rejection of a U.S.-backed proposal aimed at...

US Inflation Expected to Rise Again in April as Fed Signals Higher Interest Rates

U.S. consumer prices likely increased at a steady pace for the second consecutive month in April, reinforcing concerns that inflation remains stubbornly high and strengthening expectations that the Federal Reserve will...

Politics

Israel Approves Special Military Tribunal for Hamas October 7 Attack Suspects

Israels parliament has approved a new law establishing a special military tribunal to prosecute Palestinian militants involved in the October 7, 2023 Hamas-led attack on Israel. The legislation, passed late Monday by a...

GOP Lawmakers Probe Sam Altman and OpenAI Ahead of Potential IPO

Republican lawmakers and several Republican state attorneys general are increasing scrutiny of OpenAI CEO Sam Altman over concerns tied to the companys governance and business relationships ahead of a possible OpenAI IPO,...

Trump Weighs Renewed Military Action Against Iran Amid Strait of Hormuz Crisis

U.S. President Donald Trump is reportedly giving stronger consideration to restarting major combat operations against Iran as diplomatic efforts and nuclear negotiations continue to stall. According to a CNN report...

Trump Administration Seeks Court Pause to Reinstate 10% Global Tariffs

The Trump administration has asked a U.S. federal court to temporarily pause a recent ruling that challenged the legality of the administrations 10% global tariff policy while the government continues its appeal process....

Arcadia Mayor Eileen Wang Pleads Guilty in China Foreign Agent Case

Arcadia Mayor Eileen Wang has agreed to plead guilty to a federal charge of acting as an unregistered foreign agent for the Chinese government, according to U.S. officials. The case has drawn national attention due to...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

Technology

Kuaishou Stock Jumps on Kling AI IPO Plans and $20 Billion Valuation

Kuaishou Technology (HK:1024) shares surged on Tuesday after reports revealed that the Chinese short-video giant is considering spinning off its Kling artificial intelligence video generation business. The news boosted...

Samsung Shares Slide as Labor Talks Intensify Ahead of Planned Strike

Samsung Electronics shares dropped more than 2% on Tuesday as investors monitored critical negotiations between the tech giant and its labor union over a potential strike that could impact the global semiconductor...

Ibiden Stock Surges as AI Chip Demand Boosts Profit Outlook

Ibiden Co., Ltd. (TYO:4062) shares climbed sharply on Tuesday after the Japanese semiconductor component manufacturer reported strong annual earnings and raised its forecast for the current fiscal year. The companys stock...

OpenAI-Microsoft Deal Sets $38 Billion Revenue-Sharing Cap Ahead of Potential IPO

OpenAI and Microsoft have reportedly agreed to place a $38 billion cap on total revenue-sharing payments, according to a report published Monday by The Information. The move is seen as part of OpenAIs broader effort to...

Nintendo Shares Tumble as Weak Forecast and Rising Switch 2 Costs Worry Investors

Nintendo shares plunged on Monday after the Japanese gaming giant posted annual earnings that missed analyst expectations and issued a weaker-than-expected outlook for the current fiscal year. The disappointing forecast...
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