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Fitch: Likely Poland EDP Exit Highlights Consolidation Success

May 15, 2015 12:35 pm UTC| Research & Analysis

The European Commissions recommendation that Poland should leave the Excessive Deficit Procedure (EDP) highlights the effectiveness of Polands deficit reduction strategy and the positive fiscal impact of a strong economic...

Fitch: European Leveraged Loan Borrowers Enter a New Cycle

May 14, 2015 13:11 pm UTC| Research & Analysis

Fitch Ratings says in its latest European Leveraged Loan Chart Book that rising leverage and weaker underwriting standards in the European leveraged loan market are offset by ample balance sheet liquidity and long-dated...

Moody's comments on Western Australia's 2015/16 budget

May 14, 2015 06:40 am UTC| Research & Analysis

Moodys Investors Service says that Western Australias latest budget, released 14 May 2015, shows that a record high deficit is expected for FY2015/16, as lower income from iron ore royalties and Goods and Services...

Moody's: China's latest interest rate cut will lower bank profitability; loan rates to fall more than deposit rates

May 14, 2015 02:21 am UTC| Research & Analysis

Moodys Investors Service says that the Peoples Bank of Chinas (PBOC) lowering of interest rates for the third time in less than six months will lower the profitability of banks operating in China, because overall loan...

Moody's: Strong macroeconomic environment offsets liquidity risk for Chilean corporates

May 13, 2015 14:15 pm UTC| Research & Analysis

Among Moodys-rated Chilean non-financial, non-utility companies, most have little liquidity cushion to address their upcoming cash needs, but also strong credit quality, Moodys Investors Service says in a new report. The...

Moody's: Liquidity risk increases for Peruvian non-financial corporates

May 13, 2015 14:13 pm UTC| Research & Analysis

Liquidity risk has increased for Peruvian non-financial, non-utility companies over the past year, Moodys Investors Service says in a new report. Perus mining-dependent economy looks set for a partial rebound in 2015, but...

Fitch: China Margin Lending Poses Indirect Risks to Banks

May 13, 2015 01:09 am UTC| Research & Analysis

Rapidly growing margin lending poses indirect risks to Chinese banks through their lending to trust and securitiesfirms, and raises their exposure to stock market volatility, says Fitch Ratings. However, the extent of...

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Economy

Oil Prices Slip as Iran Sanctions Relief and Hormuz Shipping Recovery Ease Supply Concerns

Global oil prices moved lower on Tuesday, extending losses from the previous session as concerns over supply disruptions eased following signs of increased shipping activity through the Strait of Hormuz and a temporary...

Wall Street Slides as AI Stocks Tumble Following South Korea Tech Sell-Off

U.S. stocks closed lower on Tuesday as a sharp sell-off in technology shares weighed heavily on Wall Street. Concerns surrounding artificial intelligence (AI) demand intensified after a major decline in South Koreas...

US Dollar Climbs to One-Year High as Fed Rate Hike Expectations Surge

The U.S. dollar strengthened on Tuesday, reaching its highest level in more than a year as investors continued to react to the Federal Reserves unexpectedly hawkish stance. Growing expectations of future interest rate...

Singapore Inflation Stays Muted in May as Core CPI Misses Forecasts Ahead of MAS Review

Singapores inflation rate remained subdued in May 2026, with both headline and core consumer price inflation coming in below market expectations, reinforcing expectations that the Monetary Authority of Singapore (MAS) may...

South Korea Stocks Tumble as AI-Fueled Rally Faces Profit-Taking Pressure

South Korean stocks suffered a sharp decline on Tuesday, with the benchmark KOSPI plunging nearly 6% as investors rushed to lock in profits after a historic rally driven by artificial intelligence (AI) optimism,...

Politics

U.S. Eases Iran Team Travel Restrictions Ahead of Seattle World Cup Match

The United States has relaxed travel restrictions for Irans national soccer team ahead of its upcoming FIFA World Cup match in Seattle, allowing the squad to enter the country two days before kickoff instead of just one...

Peru Election Dispute Deepens as Roberto Sanchez Rejects Runoff Results

Perus presidential election dispute intensified on Tuesday after leftist candidate Roberto Sanchez announced that he would not recognize the outcome of the tightly contested presidential runoff, alleging electoral fraud...

Marco Rubio Seeks Gulf Support for U.S.-Iran Peace Deal Amid Regional Concerns

U.S. Secretary of State Marco Rubio has begun a diplomatic tour of the Gulf region as the Trump administration works to ease concerns over its newly signed peace agreement with Iran. Rubio arrived in the United Arab...

Russia Signals Frustration Over Unfulfilled U.S. Commitments After Alaska Summit

Russia has intensified its criticism of the United States, accusing Washington of failing to honor key understandings reached between Russian President Vladimir Putin and U.S. President Donald Trump during their Alaska...

Trump Highlights Manufacturing Agenda in Pennsylvania as Midterm Elections Approach

U.S. President Donald Trump returned to the campaign trail on Tuesday with a visit to Pennsylvania, a crucial battleground state, as he sought to strengthen support ahead of the November midterm elections. Speaking at a...

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

Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock

Cerebras Systems delivered a strong revenue outlook for 2026 that exceeded Wall Street expectations, but investors remained cautious as the companys profit margin forecast highlighted the challenges of competing with AI...

SpaceX Stock Rebounds After Sharp Selloff, But Valuation Concerns Persist

SpaceX (NASDAQ: SPCX) recovered modestly on Tuesday, closing 0.9% higher at $156.06 after briefly falling below its post-IPO opening price during intraday trading. The stock touched a low of $147.11, slipping beneath the...

Alphabet Replaces Verizon in Dow Jones Industrial Average

Alphabet (NASDAQ: GOOGL), the parent company of Google, will replace Verizon Communications in the Dow Jones Industrial Average (DJIA) effective June 29, according to an announcement from SP Dow Jones Indices on Tuesday....

Tencent Reviews Marvelous Stake as Gaming Giant Reassesses Global Investment Strategy

Tencent Holdings (HK:0700) is reportedly exploring potential exits from several investments in Japanese game developers, including its stake in Marvelous Inc. (TYO:7844), as the Chinese technology giant reevaluates its...

WiseTech Global Denies Knowledge of Investigation Into Founder Richard White

Australia-based logistics software company WiseTech Global (ASX: WTC) has stated that it is unaware of any investigation involving its Executive Chair and founder, Richard White, following media reports that triggered a...