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Fri, Jan 30, 2026 05:58 PM All times are UTC

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China's Deflation Deepens: CPI and PPI Plunge

Jun 09, 2025 10:06 am UTC| Insights & Views

May 2025 saw a decline of 0.1% year-on-year for the fourth consecutive month in Chinas Consumer Price Index (CPI). It mirrored the 0.1% decline recorded in April and slightly exceeded analyst estimates of a 0.2% fall....

Morgan Stanley Stays Bullish on Tesla Despite Musk-Trump Clash

Jun 09, 2025 05:18 am UTC| Business Technology Insights & Views

Morgan Stanley (NYSE:MS) reiterated its Overweight rating on Tesla (NASDAQ:TSLA) with a $410 price target, signaling a potential 39% upside despite recent volatility fueled by a public feud between Elon Musk and President...

Trump Signals Shift in Fannie Mae, Freddie Mac Policy, But Reform Unlikely Soon

Jun 08, 2025 13:31 pm UTC| Politics Economy Insights & Views

Bank of America analysts say President Donald Trumps recent comments on Truth Social indicate a potential shift in housing finance policy if he returns to office. Trumps messaging appears to favor a recap and keep approach...

ECB’s Vujcic Urges Caution Amid Slight Dip in Eurozone Inflation

Jun 08, 2025 08:15 am UTC| Central Banks Economy Insights & Views

European Central Bank (ECB) policymaker Boris Vujcic cautioned against overreacting to eurozone inflation briefly dipping below the 2% target, noting it is likely to rebound. Speaking after the ECBs recent interest rate...

Copper Mining Boom Set to Boost Equipment Orders by 2025, Says UBS

Jun 08, 2025 00:27 am UTC| Economy Insights & Views

UBS forecasts a surge in copper mining equipment orders as early as 2025, with activity accelerating through 2026 and beyondcreating strong tailwinds for European mining equipment manufacturers. The investment bank singled...

USDA Faces Scrutiny Over Trade Report Delay, Tariff Impact Omission

Jun 07, 2025 06:25 am UTC| Economy Insights & Views

Concerns are mounting over the credibility of U.S. Department of Agriculture (USDA) trade data following a delayed quarterly report and the omission of key explanatory content, according to Reuters interviews with four...

Gold Dips Despite Weak Jobs Data: Buy the Dip or Brace for a Plunge?

Jun 06, 2025 13:00 pm UTC| Insights & Views

Golds Subdued Reaction: $3343 Low Despite Disappointing Jobs Report Gold declined slightly despite a weak US nonfarm payroll. It hit an intraday low of $3343 and is currently trading around...

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Economy

Asian Currencies Hold Firm as Dollar Rebounds on Fed Chair Nomination Hopes

Asian currencies traded in a narrow range on Friday as the U.S. dollar rebounded modestly from a near four-year low, following comments from U.S. President Donald Trump that he would announce his nominee for the next...

Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S.

Canada recorded a sharp increase in its monthly international trade deficit in November as merchandise exports fell significantly, highlighting ongoing challenges tied to trade diversification and U.S. tariff uncertainty....

U.S. Eases Venezuela Oil Sanctions to Boost American Investment After Maduro Ouster

The Trump administration has eased select sanctions on Venezuelas oil industry, signaling a major policy shift aimed at encouraging U.S. investment following the ouster of President Nicolás Maduro earlier this...

Oil Prices Surge Toward Biggest Monthly Gains in Years Amid Middle East Tensions

Oil prices are heading for their largest monthly gains in years as escalating Middle East tensions fuel concerns over potential supply disruptions, particularly involving Iran, one of the worlds largest OPEC producers....

Indonesia Stocks Face Fragile Sentiment After MSCI Warning and Market Rout

Indonesia stocks are set for a cautious start as investor sentiment remains fragile following a sharp market selloff triggered by concerns raised by MSCI. The Jakarta Composite Index suffered its steepest two-day decline...

Politics

Panama Supreme Court Voids CK Hutchison Port Concessions, Raising Geopolitical and Trade Concerns

Panamas Supreme Court has ruled unconstitutional the port concession contracts held by Panama Ports Company, a subsidiary of Hong Kong-based CK Hutchison Holdings (HK:0001), effectively voiding its rights to operate two of...

Trump Threatens Aircraft Tariffs as U.S.-Canada Jet Certification Dispute Escalates

U.S. President Donald Trump has intensified trade tensions with Canada by announcing the decertification of Bombardier Global Express business jets and threatening steep new tariffs on Canadian-made aircraft. In a...

Trump Warns UK and Canada Against Deepening Business Ties With China

U.S. President Donald Trump has issued a strong warning to the United Kingdom and Canada over expanding business cooperation with China, describing such moves as very dangerous during a recent public appearance. His...

Faith Leaders Arrested on Capitol Hill During Protest Against Trump Immigration Policies and ICE Funding

Dozens of faith leaders were arrested on Capitol Hill in Washington, D.C., after staging a protest against President Donald Trumps immigration policies and calling for funding restrictions on U.S. Immigration and Customs...

Democrats Question Intelligence Chief’s Role in FBI Georgia Election Raid

Top Democrats on the U.S. Senate and House intelligence committees are demanding answers after Director of National Intelligence Tulsi Gabbard was present during a recent FBI raid on an election facility in Georgia, an...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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...

Technology

Apple Faces Margin Pressure as Memory Chip Prices Surge Amid AI Boom

Apple is beginning to feel the strain from rapidly rising memory chip prices, a challenge that is expected to intensify in the current quarter as the global semiconductor market pivots toward artificial intelligence...

Apple Earnings Beat Expectations as iPhone Sales Surge to Four-Year High

Apple (NASDAQ: AAPL) delivered a strong fiscal first-quarter 2026 earnings report, comfortably beating Wall Street expectations on both profit and revenue, driven by its strongest iPhone sales growth in more than four...

OpenAI Reportedly Eyes Late-2026 IPO Amid Rising Competition and Massive Funding Needs

OpenAI is reportedly accelerating preparations for a potential initial public offering (IPO), with plans to go public by the fourth quarter of 2026, according to a Wall Street Journal report citing people familiar with the...

Sandisk Stock Soars After Blowout Earnings and AI-Driven Outlook

Sandisk shares surged more than 15% in after-hours trading on Thursday after the data storage and memory solutions company delivered a fiscal second-quarter earnings report that significantly exceeded Wall Street...

Elon Musk’s SpaceX Explores Merger Options With Tesla or xAI, Reports Say

Elon Musks SpaceX is reportedly exploring potential merger and consolidation options with Tesla Inc. (NASDAQ: TSLA) or artificial intelligence startup xAI, according to a Bloomberg report citing people familiar with the...