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Thu, Jul 09, 2026 11:22 AM All times are UTC

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Greece pays back IMF, by borrowing from IMF

May 18, 2015 10:32 am UTC| Insights & Views

Greek has paid back the IMF due of 750 million to IMF on May 12th, without the assistance of European creditors who are withholding last remaining tranche of 7.2 billion of Greek bailout program. A letter from Greek...

Japanese Services – sectorial growth review

May 18, 2015 09:59 am UTC| Insights & Views

Latest report from Japanese Ministry of Economy, shows dwindling state of Japanese domestic services sector, which in turn poses doubts on Bank of Japans (BOJ) asset purchase programs ability to boost domestic demand. BOJ...

Italy posts consistent trade surplus but not suffice to propel Euro, hedge potential slumps

May 18, 2015 09:08 am UTC| Insights & Views

Italian Balance of trade: Italy recorded a trade surplus of 4060 EUR Million in March of 2015 as BoT in Italy is reported by the National Institute of Statistics (ISTAT). It has been consistently reporting trade surplus in...

Franc shock sips through real economy

May 18, 2015 09:07 am UTC| Insights & Views

Swiss economy has started showing signs of Franc shock sipping through real economy. Swiss National Bank (SNB) unexpectedly removed 1.20 EUR/CHF peg, leading to heavy appreciation in Francs value. CPI and PPI released...

FED’s Evans to vote for no hike in 2015

May 18, 2015 08:15 am UTC| Insights & Views

Chicago FED president Charles Evans reiterated his stance once more today, no rate hike in 2015 but first one in 2016. Chart courtesy Sober look. Mr. Evans said that he prefers overshooting the 2% inflation target in...

High optimism on Japan among Asian nations likely to disappoint streets

May 18, 2015 08:14 am UTC| Insights & Views

Japan Machinery Orders: It is scheduled today to be announced Aprils orders of machinery; it would be reported by the cabinet office, Japan. Machinery orders in Japan have increased to 2.90% in March of 2015 over the...

Election jitters hit UK property market, Pound to look beyond pre-election data

May 18, 2015 07:35 am UTC| Insights & Views

Right move house price report released over the weekend shows that UK property market has been hit by election uncertainty in April/May this year with house prices in London fell by most in nine months. A Labour party win...

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Economy

Bernstein Raises 2026 Nickel Price Forecast as Indonesia Tightens Supply

Bernstein has increased its 2026 nickel price forecast to $17,357 per metric ton, up from an estimated average of $15,164 per ton in 2025, citing a significantly more balanced global nickel market than previously expected....

Dollar Slips After Fed Minutes as Iran Tensions, Inflation Risks Keep Markets Cautious

The U.S. dollar edged lower on Thursday after the Federal Reserves June meeting minutes appeared less hawkish than investors had anticipated, although escalating geopolitical tensions in the Middle East limited the...

US Back-to-School Spending Seen Falling as Families Focus on Essentials

U.S. back-to-school spending is expected to decline in 2026 as families become more cautious about their finances amid growing economic uncertainty, according to a Deloitte survey released on Thursday. While parents remain...

Gold Prices Slip as Stronger Dollar, Fed Rate Outlook Weigh on Bullion

Gold prices edged lower on Thursday as a stronger U.S. dollar and renewed geopolitical tensions in the Middle East weighed on investor sentiment. Rising concerns that higher energy prices could keep inflation elevated and...

Asian Stocks Slip as Iran Tensions, Samsung Weakness and Fed Caution Weigh on Markets

Asian stock markets mostly declined on Thursday as renewed geopolitical tensions in the Middle East, higher oil prices and cautious signals from the U.S. Federal Reserve weakened investor sentiment. Concerns over Samsung...

Politics

Qatar Urges U.S.-Iran Diplomacy as Fresh Strikes Threaten Fragile Ceasefire

Qatar urged Iran and the United States to recommit to diplomacy on Thursday as both countries exchanged fresh military strikes, raising fears that their fragile ceasefire could collapse and further destabilize the Middle...

Iran Buries Ayatollah Ali Khamenei as Successor Mojtaba Remains Out of Public View

Iran buried slain Supreme Leader Ayatollah Ali Khamenei on Thursday at the revered Shrine of Imam Reza in Mashhad, marking the end of a week of nationwide mourning ceremonies following his death in a U.S. strike. The...

Trump, Erdogan Strengthen U.S.-Turkey Ties at NATO Summit in Ankara

Turkey used the NATO summit in Ankara to showcase its growing ties with the United States, rolling out a high-profile welcome for President Donald Trump that underscored Ankaras ambitions to strengthen its role within the...

ICC Says Darfur War Crimes Probe Reaches Breakthrough in Sudan Investigation

The International Criminal Court (ICC) says it has made a significant breakthrough in its investigation into alleged war crimes and crimes against humanity committed during Sudans conflict in the Darfur region, with...

Houston ICE Shooting Sparks Protests, Demands for Independent Investigation

Hundreds of demonstrators gathered in Houston on Wednesday to protest the fatal shooting of a Mexican national by a U.S. Immigration and Customs Enforcement (ICE) officer, intensifying concerns over the Trump...

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

Bain Capital Exits Kioxia After AI-Fueled Valuation Surge

Bain Capital has fully exited its investment in Japanese flash memory manufacturer Kioxia, marking the end of a highly profitable private equity deal driven by the rapid expansion of the artificial intelligence (AI)...

SK Hynix’s $28 Billion U.S. Share Sale Draws Massive Demand Amid AI Chip Boom

SK Hynixs planned $28 billion U.S. share sale attracted demand worth more than seven times the number of shares available, highlighting strong investor confidence in the South Korean memory chip maker and the rapidly...

Zhipu AI Raises HK$31.37 Billion in Discounted Share Sale to Accelerate AI Growth

Chinese artificial intelligence company Zhipu AI, listed in Hong Kong as Knowledge Atlas Tech Joint Stock (HK:2513), has raised approximately HK$31.37 billion (US$4 billion) through a discounted share sale, strengthening...

Nvidia Invests $500M in Firmus Technologies Ahead of Planned ASX IPO

Nvidia (NASDAQ: NVDA) has agreed to invest approximately A$720 million (US$500 million) in Australian cloud infrastructure startup Firmus Technologies, becoming the largest participant in the companys planned A$2 billion...

SK Hynix’s $28B U.S. IPO Draws Strong Demand as AI Chip Boom Fuels Investor Interest

SK Hynix Inc. is seeing overwhelming investor interest in its planned $28 billion U.S. listing, with demand reportedly exceeding the number of shares available by several times, according to a Bloomberg News report on...