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Wed, Feb 11, 2026 01:10 AM All times are UTC

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Asian markets mixed, gold and silver marginally higher

Sep 20, 2016 03:25 am UTC| Commentary

Asian markets were trading on a mixed note on Tuesday ahead of BOJ, FOMC and RBNZ interest rate decisions. Gold and silver remain marginally higher in early hours of Asia. Gold was trading around $1,315 and silver was...

Norges Bank on hold in Sept, likely to maintain easing bias

Sep 19, 2016 16:04 pm UTC| Commentary

Norges Bank at its June meeting had indicated an almost 100 percent probability of a cut in September, but the risk outlook has since changed significantly. Norwegian economy is picking up and that the risk of a deeper and...

Eurozone current account surplus narrows in July on lower trade surplus

Sep 19, 2016 15:03 pm UTC| Commentary

Data released earlier on Monday showed that the euro zone current account surplus narrowed in July primarily on a lower trade surplus. Net portfolio investments surged in July the European Central Bank said on...

S&P's upgrades Hungary to investment grade, outlook stable

Sep 19, 2016 14:18 pm UTC| Commentary

In a surprise move on 16 September, rating agency Standard and Poors upgraded Hungary to investment grade. SPs raised its long and short-term foreign and local currency sovereign credit ratings on Hungary to BBB-/A-3 from...

Oil prices rebound from multi-week lows on output deal chatter

Sep 19, 2016 13:52 pm UTC| Commentary

Oil prices bounced back from multi-week lows on Monday on hints that producers were close to reaching an output deal. Oil markets have come under pressure due to a persistent glut and a price collapse over the past two...

Can Bank of Japan curb yen's appreciation?

Sep 19, 2016 13:31 pm UTC| Commentary

The Bank of Japan (BoJ) will wrap up its two-day policy meeting on Wednesday, 21st Sept and markets wait to see what more (if anything) it can do to stimulate its economy. Another rate cut cannot be ruled out, but with...

U.S. Government bonds gain as investors wary ahead of FOMC policy decision

Sep 19, 2016 12:46 pm UTC| Commentary

The US Treasuries bonds gained Monday as investors remained cautious ahead of the Federal Reserve monetary policy decision and Fed Chair Yellens post-statement press conference, in an attempt to estimate the Feds most...

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Economy

India–US Trade Deal: Digital Tax Removal and $500 Billion Purchase Commitment Signal Major Policy Shift

India has agreed to remove its digital services tax and committed to purchasing more than $500 billion worth of American goods under a recent trade agreement with the United States, according to a White House fact sheet...

Asian Currencies Edge Higher as Dollar Retreats Ahead of Key U.S. Data

Most Asian currencies strengthened on Tuesday, tracking an overnight pullback in the U.S. dollar as its recent rebound lost momentum ahead of a busy week of key American economic data. While regional foreign exchange...

Japan Weighs Using Foreign Exchange Reserve Surplus to Fund Food Tax Cuts

Japans government is considering whether surplus funds from its massive foreign exchange reserves could be used to help finance planned cuts to the food sales tax, according to comments made Tuesday by Japanese Minister of...

Russia Condemns U.S. Sanctions as Cuba Faces Critical Fuel Crisis

Russia has warned that Cubas fuel situation has reached a critical point, blaming intensified U.S. sanctions for deepening the islands economic crisis and pledging continued solidarity with Havana and Caracas. Moscow also...

U.S. Stock Futures Steady as Investors Await Key Jobs and Inflation Data

U.S. stock futures were little changed on Monday evening as investors grew cautious ahead of key economic data releases later this week, following a mostly positive close on Wall Street. Futures tied to the SP 500 slipped...

Politics

Tulsi Gabbard Winds Down Controversial Intelligence Task Force Amid Political Scrutiny

U.S. Director of National Intelligence Tulsi Gabbard has confirmed that she has wound down the Directors Initiatives Group (DIG), a task force she launched last year to combat what she described as politicization within...

Zelenskiy Orders Overhaul of Ukraine’s Air Defence as Russian Attacks Intensify

Ukrainian President Volodymyr Zelenskiy has convened senior military and government officials to address critical weaknesses in Ukraines air defence systems and civilian protection nearly four years into Russias full-scale...

Trump Signals Possible U.S.–Iran Nuclear Deal Amid Rising Tensions

U.S. President Donald Trump said on Tuesday that he believes Iran is interested in reaching a deal with the United States over its nuclear ambitions and ballistic missile program, signaling a potential opening for renewed...

Pride Flag Removed From Stonewall National Monument Sparks Backlash and Protest Plans

The removal of a large rainbow Pride flag from the Stonewall National Monument in New York City has ignited controversy, criticism, and renewed debate over LGBTQ rights in the United States. The flag, which flew above the...

Buckingham Palace Signals Support for Police Probe Into Prince Andrew After Epstein Email Allegations

Buckingham Palace has confirmed it is prepared to fully support any police investigation into Prince Andrew following new allegations that he may have shared confidential British trade documents with Jeffrey Epstein. The...

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

Salesforce Workforce Reduction Affects Fewer Than 1,000 Roles Amid Ongoing Restructuring

Salesforce has reportedly reduced its workforce by fewer than 1,000 employees earlier this month, according to a Business Insider report published on Monday. The report cited a person familiar with the matter, though...

Trump Administration Plans Chip Tariff Exemptions for Big Tech Amid AI Data Center Push

The administration of U.S. President Donald Trump is reportedly planning to exempt major technology companies such as Amazon, Google, and Microsoft from upcoming tariffs on semiconductor chips, a move aimed at supporting...

Alphabet Plans Rare 100-Year Sterling Bond to Fund AI Expansion

Alphabet is preparing to issue a rare 100-year sterling bond as part of a broader multi-currency debt offering, marking a notable move to expand its long-term borrowing strategy to support growing investments in artificial...

Amazon Explores AI Content Marketplace With Media Publishers

Amazon (NASDAQ: AMZN) is reportedly in discussions with media publishers about launching a new artificial intelligence content marketplace designed to connect news organizations and digital content creators with companies...

Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible

Taiwan has firmly rejected calls from the United States to relocate a large portion of its semiconductor manufacturing capacity, with senior officials stressing that the islands chip industry cannot be uprooted. Taiwan...