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Fri, Feb 13, 2026 01:39 AM All times are UTC

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Australia’s wage growth slows in Q3, likely to remain subdued for some time

Nov 16, 2016 06:37 am UTC| Commentary

Wage growth in Australia continues to fall. It stepped down in the third quarter after a period of stabilization, noted ANZ in a research report. The wage price index, excluding bonuses increased just 0.4 percent...

Global dairy prices rise for seventh straight month at latest GDT auction

Nov 16, 2016 06:25 am UTC| Commentary Economy

Global dairy prices rose for the seventh straight month at the latest GloablDairyTrade auction concluded Tuesday amid continuing decreases in supply. The GDT price index increased 4.5 percent to USD3,519, up from...

U.S. import prices rise sequentially in October, likely to move away from deflation territory in coming months

Nov 16, 2016 06:11 am UTC| Commentary

Import prices in the U.S. grew slightly higher than consensus expectations in October, mainly driven by the sharp increase in petroleum products. Import prices grew 0.5 percent in sequential terms, as compared with the...

New Zealand bonds close tad higher despite mounting GDT prices index, economy continues to struggle from powerful earthquakes

Nov 16, 2016 06:07 am UTC| Commentary

The New Zealand government bonds closed marginally higher Wednesday as the economy is still reeling from the impact of powerful earthquakes. Also, investors did not react to the strengthening GDT auction prices, which...

Canada’s existing home sales grow for second straight month in October, but housing activity to edge lower in 2017

Nov 16, 2016 06:02 am UTC| Commentary

Canadas existing home sales grew for the second consecutive month in October, breaking the downtrend that was seen in mid-2016. Existing home sales grew 2.4 percent on a sequential basis in the month. On a year-on-year...

India’s consumer inflation eases in October, bolsters hope for RBI December rate cut

Nov 16, 2016 05:28 am UTC| Commentary Economy Central Banks

Consumer prices in India eased during the month of October, bolstering hopes for a December interest rate cut by the Reserve Bank of India (RBI). Indias October consumer price index (CPI) Inflation fell to 14-month low...

U.S. retail sales grow above expectations in October, consumer spending to grow strongly in Q4

Nov 16, 2016 05:15 am UTC| Commentary

U.S retail sales growth surpassed expectations in the month of October. The retail sales expanded 0.8 percent in sequential, as compared with consensus forecast of a rise of 0.6 percent. Increasing prices of gasoline...

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Economy

Oil Prices Edge Higher as US-Iran Tensions and Strong Payroll Data Shape Market Sentiment

Oil prices moved higher in Asian trading on Thursday as ongoing geopolitical tensions between the United States and Iran kept a risk premium firmly embedded in crude markets. Investors closely monitored developments in the...

Gold and Silver Prices Slip After Strong U.S. Jobs Data, Fed Rate Cut Bets Fade

Gold and silver prices edged lower in Asian trading on Thursday after stronger-than-expected U.S. nonfarm payrolls data reduced expectations of aggressive Federal Reserve interest rate cuts. However, ongoing geopolitical...

Asian Stocks Hit Record High as Strong U.S. Jobs Data Tempers Fed Rate Cut Hopes

Asian stocks surged to fresh record highs on Thursday, supported by a rally in technology shares and renewed investor confidence across the region. South Korean and Japanese equities led gains in early trading, pushing...

RBA Signals Further Interest Rate Hikes if Inflation Persists, Says Governor Michele Bullock

Reserve Bank of Australia (RBA) Governor Michele Bullock has warned that additional interest rate hikes remain possible if inflation in Australia becomes entrenched, underscoring the central banks firm commitment to...

U.S. Stock Futures Steady as Strong Jobs Data Clouds Fed Rate Cut Outlook

U.S. stock futures were little changed Wednesday evening following a muted session on Wall Street, as investors weighed a stronger-than-expected jobs report that dampened expectations for near-term Federal Reserve rate...

Politics

Trump Signals Urgency for U.S.-Iran Deal, Warns of “Traumatic” Consequences Without Agreement

President Donald Trump emphasized the urgent need for a new U.S.-Iran deal on Thursday, warning that failure to reach an agreement could lead to very traumatic consequences. Speaking to reporters, Trump underscored the...

Mark Carney to Attend Tumbler Ridge Vigil After Tragic British Columbia School Shooting

Canadian Prime Minister Mark Carney will travel to Tumbler Ridge, British Columbia, on Friday to attend a vigil honoring the victims of one of Canadas deadliest mass shootings. The visit comes at the invitation of the...

Trump to Unveil Multi-Billion Dollar Gaza Reconstruction Plan and U.N.-Backed Stabilization Force

President Donald Trump is set to announce a multi-billion dollar Gaza reconstruction plan and outline the deployment of a United Nations-authorized stabilization force during the first formal meeting of his newly formed...

House Votes to End Trump’s Canada Tariff Emergency, Senate Showdown Looms

The U.S. House of Representatives voted Wednesday evening to terminate the national emergency declared by President Donald Trump to impose tariffs on Canada, marking a significant development in the ongoing debate over...

Pentagon Seeks Broader Access to AI Tools on Classified Military Networks

The Pentagon is accelerating efforts to deploy advanced artificial intelligence tools across both unclassified and classified military networks, signaling a major shift in how the U.S. Department of Defense plans to...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

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...

Technology

U.S. Commerce Department Reaches $252 Million Settlement With Applied Materials Over China Exports

The U.S. Department of Commerce has announced a $252 million settlement with Applied Materials, resolving allegations that the semiconductor equipment maker illegally exported U.S. chip manufacturing technology to China....

Russia Moves to Fully Block WhatsApp as Kremlin Pushes State-Backed MAX App

Russia has reportedly attempted to fully block WhatsApp, the popular messaging service owned by Meta Platforms, as part of its broader efforts to tighten control over the countrys digital space. According to a company...

Instagram CEO Defends Platform in Youth Mental Health Lawsuit Over Social Media Addiction Claims

Adam Mosseri, head of Meta Platforms Instagram, defended the companys product decisions during a high-profile trial in Los Angeles centered on allegations that social media addiction has contributed to a youth mental...

FTC Questions Apple News Over Alleged Bias Against Conservative Media

The U.S. Federal Trade Commission (FTC) has raised concerns about Apple News following allegations that the platform favors left-leaning media outlets while excluding conservative publications. In a letter addressed to...

ByteDance Advances AI Chip Development With Samsung Manufacturing Talks

Chinas ByteDance is accelerating its push into artificial intelligence hardware, reportedly developing its own AI chip while holding discussions with Samsung Electronics for manufacturing support. The TikTok parent company...