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Thu, Jul 09, 2026 05:45 PM All times are UTC

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Lower coal price claims victims

Apr 09, 2015 13:12 pm UTC| Insights & Views

Central Appalachian metallurgical and thermal coal producer Xinergy and its 25 subsidiaries have filed for Chapter 11 bankruptcy in Virginia. Price of thermal coal, this year dropped below $50/ ton as demand from china...

Currency snapshot (commodity pairs)

Apr 09, 2015 12:57 pm UTC| Insights & Views

Dollar index trading at 98.12 (+0.07%). Strength meter (today so far) - Aussie +0.70%, Kiwi +0.74%, Loonie +14%. Strength meter (since last week) - Aussie +1.96%, Kiwi +0.58%, Loonie -0.40%. AUD/USD - Trading at...

Currency snapshot (major pairs)

Apr 09, 2015 12:33 pm UTC| Insights & Views

Dollar index trading at 98.15 (-0.10%). Strength meter (today so far) - Euro -0.09%, Franc -0.24%, Yen +0.17%, GBP -0.28% Strength meter (since last week) - Euro -1.73%, Franc -1.77%, Yen -0.83%, GBP -0.52% EUR/USD...

Worsening current account to weigh on Pound

Apr 09, 2015 11:41 am UTC| Insights & Views

Today UK trade statistics were published from office of national statistics (ONS), which showed current account deficit widened, especially in goods and with EU. Key highlights - UKs deficit on trade in goods and...

Top currency performer in 2015 – Ruble

Apr 09, 2015 10:58 am UTC| Insights & Views

Ruble after dismal performance last year, is the best performer this year. Ruble is up, 12.5% against dollar, 22% against Euro and 18% against pound. It even appreciated 10.5% against Swiss Franc. However, due to last...

FED becomes victim of currency wars

Apr 09, 2015 10:14 am UTC| Insights & Views

Latest FOMC minutes released yesterday, shows FED officials remain worried about strength of the Dollar which has pushed policymakers to rethink rate hike. In 2013, during emerging market currency fallout, currency war...

Greece pays IMF due

Apr 09, 2015 08:40 am UTC| Insights & Views

Greece has successfully repaid the current tranche of IMF payment of 0.45 billion. With that pressure eases somewhat on Greece. 3 year bond yield that was hovering close to 24% has now fallen back towards 20% level,...

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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...