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Tue, Feb 10, 2026 05:17 AM All times are UTC

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UK gilts gain as mortgage approvals hit lowest since January last year

Aug 30, 2016 11:18 am UTC| Commentary

The UK gilts gained Tuesday after data showed that the countrys mortgage approvals fell to the lowest in 18-months as consumer borrowing lessened following the decision to leave the European Union. The yield on the...

Eurozone business confidence dips to near three-year low in August

Aug 30, 2016 11:02 am UTC| Commentary

Business confidence in the euro zone dipped to near three-year low in August, one of the many signs that the United Kingdoms vote to leave membership of the European Union may have just started to crib the common currency...

Poland’s economic growth remains stable at 3.1 pct in Q2

Aug 30, 2016 10:51 am UTC| Commentary

The Central Statistical Office of Poland released the estimate of Polands second quarter GDP growth. According to the data, the economic growth remained stable at 3.1 percent year-on-year in the quarter. KBC Market...

Norway’s mainland economy unlikely to have registered any growth in Q2

Aug 30, 2016 10:42 am UTC| Commentary

The Norwegian economy is likely to register zero growth in the second quarter of this year in sequential terms. The manufacturing production in Norway is still being impacted severely by lower demand from the oil sector....

Briferendum Aftermath Series

Briferendum Aftermath Series: London under attacks from Europe to woo businesses away

Aug 30, 2016 10:08 am UTC| Commentary Economy

After the people of the United Kingdom voted in favor of leaving the European Union, several countries, big or small, from Europe have joined the battle against London, which regarded as the worlds number one financial hub...

UK mortgage approvals fall to 18-month low in July, signals a cooling property market

Aug 30, 2016 10:06 am UTC| Commentary

Mortgage approvals in the United Kingdom fell to an 18-month low in July, signaling a cool down in the countrys real estate market in the immediate aftermath of the UKs decision to leave the European Union. The number...

FX Hedging Strategy Series

FxWirePro: USD/TWD 3m NDFs appear attractive on hedge terms in lieu of speculating

Aug 30, 2016 09:52 am UTC| Commentary

This EM pair has been rising from last 3-4 consecutive weeks, approximately about 2.32%. Fundamentally, yes we admit that there could be a scope for this pair to recover and bounce back. The long in USDTWD appears to be...

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Economy

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...

Gold Prices Slip in Asian Trade as Markets Await Key U.S. Economic Data

Gold prices declined in early Asian trading on Tuesday, pulling back from strong gains seen in the previous session, as investors remained cautious ahead of a series of important U.S. economic indicators due later this...

Oil Prices Dip as Hormuz Tensions, Iran Talks, and Russia Sanctions Shape Market Outlook

Global oil prices edged lower on Tuesday as investors weighed geopolitical risks in the Middle East against ongoing diplomatic efforts and fresh developments in global energy trade. Brent crude futures slipped 25 cents, or...

Asian Stocks Rise as Japan Rally, AI Optimism and Fed Outlook Shape Markets

Asian stocks extended gains for a second straight session in early Tuesday trading, led by a powerful rally in Japan following Prime Minister Sanae Takaichis decisive election victory over the weekend. The result boosted...

Politics

Hong Kong Leader Defends 20-Year Sentence for Jimmy Lai

Hong Kong Chief Executive John Lee said on Tuesday that media tycoon and prominent democracy campaigner Jimmy Lai deserved the 20-year prison sentence imposed by a court earlier this week, arguing that the punishment...

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...

U.S. Appeals Court Allows Trump Administration to End TPS for Honduras, Nepal, Nicaragua Migrants

A U.S. appeals court in California on Monday temporarily lifted a federal judges order that had blocked the Trump administration from ending Temporary Protected Status (TPS) for nearly 89,000 migrants from Honduras, Nepal...

Trump Threatens to Block Gordie Howe Bridge, Escalating U.S.-Canada Trade Tensions

U.S. President Donald Trump has threatened to prevent the opening of the $4.6 billion Gordie Howe International Bridge linking Detroit, Michigan, and Windsor, Ontario, escalating an already tense trade dispute between the...

Australian Leaders Call for Calm After Sydney Protests Turn Violent

Australian political leaders have urged calm and called for peaceful demonstrations after protests opposing Israeli President Isaac Herzogs visit to Australia escalated into violent clashes with police in central Sydney....

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...

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...

Samsung Electronics Shares Jump on HBM4 Mass Production Report

Samsung Electronics shares surged on Monday following reports that the South Korean tech giant is set to begin mass production of its next-generation HBM4 memory chips, a key component in artificial intelligence hardware....