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China – global commodity glutton

Feb 26, 2015 10:22 am UTC| Insights & Views

Chinas share in the global commodity consumption explained in chart. China is the largest global commodity consumer, whose massive growth over the past decades has helped the commodity boom. China consumes more...

Greek drama refuses to soothe

Feb 26, 2015 09:35 am UTC| Insights & Views

This week the Greek government the Euro zone finance ministers secured a deal of bailout extension by four months that is expected to keep the Greek banks from faltering and avoid a Grexit, at least for now. ...

Pound awaits today's GDP data

Feb 26, 2015 08:52 am UTC| Insights & Views

As per latest data showed in the chart, UK remains the strongest growing nation among the G7 counterparts. UK economy grew 2.7% whereas the average growth in G7 economies and OECD remain below 2%. Strong UK economy...

Crude supplies continue to grow in US

Feb 26, 2015 08:20 am UTC| Insights & Views

The data published last night by the US Energy Informational Administration (EIA) showed that inventories increased by 8.4 million barrels to 434.1 million in the week ending February 20. Crude stocks are at the...

Guide to today’s vital data & events

Feb 26, 2015 07:33 am UTC| Insights & Views

Lot of event risk is on the agenda, which will be vital to gauge how the economy is performing some of them have high market moving potential. Data released so far - Australia - Private capital expenditure data...

Central banks’ QE distorts bond market

Feb 25, 2015 16:20 pm UTC| Insights & Views

Since the financial crisis of 2008, central banks have resorted to asset purchase also known as quantitative easing (QE). Despite the beneficial effects some concerns remain over the long term - Quantitative easing...

Gasoline price rises in US

Feb 25, 2015 15:34 pm UTC| Insights & Views

Gasoline price is rising steadily all over US. Table is attached to explain. The price has risen despite a fall in crude price. The demand for gasoline remains robust and growing in the United States. Despite...

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Economy

US Stock Futures Steady as Oil Prices Ease, Iran Talks Boost Market Sentiment

U.S. stock index futures were little changed late Thursday after Wall Street closed higher, supported by easing oil prices and renewed optimism that diplomatic talks between the United States and Iran could help reduce...

Oil Prices Slip but Stay on Track for Weekly Gains as U.S.-Iran Conflict Persists

Oil prices edged lower in early Friday trading but remained on course for solid weekly gains as geopolitical tensions between the United States and Iran continued to support the market, despite growing concerns that rising...

Fed Chair Kevin Warsh Launches Task Forces to Overhaul U.S. Monetary Policy Framework

Federal Reserve Chair Kevin Warsh has unveiled five independent task forces to conduct a comprehensive review of the U.S. central banks monetary policy framework, signaling a major shift in how the Federal Reserve plans to...

Japan Producer Inflation Hits 7.1% in June, Fueling BOJ Rate Hike Expectations

Japans producer inflation accelerated more than expected in June, reaching its highest level in more than three years as soaring energy costs linked to the Middle East conflict and a weaker yen continued to drive business...

Japan Wholesale Inflation Jumps as Energy Shock Drives Import Costs Higher

Japans wholesale inflation accelerated sharply in June, highlighting growing price pressures across the economy as higher energy costs linked to the Middle East conflict pushed up import prices. Data released by the Bank...

Politics

Iran Buries Ayatollah Ali Khamenei at Imam Reza Shrine as Successor Mojtaba Remains Out of Public View

Iran buried slain Supreme Leader Ayatollah Ali Khamenei at the Imam Reza Shrine in Mashhad early Friday, concluding a week of large-scale funeral ceremonies marked by mourning, nationalist rallies and anti-U.S....

Ukraine Secures U.S. Patriot Missile Production Deal, Zelenskiy Says

Ukraine has reached a political agreement with the United States to obtain licenses for the domestic production of PAC-3 Patriot interceptor missiles, President Volodymyr Zelenskiy announced after returning from the NATO...

North Korea Expands Nuclear Forces as Kim Jong Un Pushes Military Modernization

North Korea has approved new measures to strengthen its nuclear forces both quantitatively and qualitatively, according to state media KCNA, as leader Kim Jong Un called for accelerated military modernization during a key...

Venezuela Earthquake Health Risks Rise as Disease Monitoring Intensifies

Health officials are warning that the biggest public health threats following the twin earthquakes that struck Venezuelas northern coast last month are no longer limited to earthquake-related injuries. Instead, concerns...

Palm Beach Airport Officially Renamed After President Donald Trump

Palm Beach International Airport in Florida has officially been renamed President Donald J. Trump International Airport, marking another prominent public institution to bear President Donald Trumps name during his second...

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

Elon Musk Says Anthropic Leads AI Race as Claude Models Challenge OpenAI

Elon Musk has publicly praised artificial intelligence startup Anthropic, saying the company is obviously the current leader in AI, in a rare acknowledgment of a key rival as competition among top AI developers...

OpenAI Executive Fidji Simo to Step Down Amid Health Challenges Ahead of IPO

OpenAIs head of products and business, Fidji Simo, announced on Thursday that she will step down from her leadership role and transition to a part-time advisory position after experiencing complications from a chronic...

Samsung Chairman Lee Jae-yong Expected to Meet Nvidia CEO Jensen Huang on AI and Chip Partnership

Samsung Electronics Chairman Lee Jae-yong is expected to meet Nvidia CEO Jensen Huang in the United States by the end of July as the two technology giants explore deeper cooperation in semiconductor manufacturing and...

SK Hynix Prices Record U.S. ADR Offering at $149 After $200 Billion Investor Demand

South Korean memory chip maker SK Hynix Inc. has priced its landmark U.S. American depositary receipt (ADR) offering at $149 per ADR, finalizing one of the largest and most closely watched semiconductor share sales in...

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)...
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