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Thu, Feb 12, 2026 01:30 AM All times are UTC

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US Apr manufacturing remains choppy on weak business spending plans

May 27, 2016 05:21 am UTC| Commentary

The United States manufacturing sector remains choppy following weak business spending plans in April, though durable goods orders picked up on strong demand for transportation equipments and a range of other...

Australian bonds gain ahead of Yellen’s speech

May 27, 2016 05:05 am UTC| Commentary

The Australian bonds climbed on Friday as investors were cautious ahead of Federal Reserve Chair Janet Yellen speech in an attempt to estimate the Feds likely next step to raise interest rate. The yield on the benchmark...

US initial jobless claims fall for 2nd straight week, signal healthy labor market

May 27, 2016 04:50 am UTC| Commentary

The United States initial jobless claims remained choppy for second straight week, falling more than expected last week, signaling a healthy labor market post a wrecked first quarter. Initial claims for state...

Guide to today’s important data and events

May 27, 2016 04:24 am UTC| Commentary

Not many economic dockets scheduled for today, focus is on GDP number from U.S. Upcoming France Consumer confidence in May will be released at 6:45 GMT. Spain Retail sales for April will be released at 7:00...

Asian markets trading on a mix note, Gold hits fresh 2 –month low in early Asia

May 27, 2016 04:11 am UTC| Commentary

All the major Asian stock markets are trading on a lower note on Friday and Gold hits fresh 2- month low in early Asian hours. Later today Fed Chair Yellen is due to speak about her groundbreaking achievements at Radcliffe...

Banxico to raise rates in sync with the Fed, little chance of an unscheduled rate hike

May 26, 2016 15:27 pm UTC| Commentary

A tumble in the peso in May has stoked expectations of an rate hike either at its next scheduled monetary policy meeting, on June 30, or at an exceptional meeting before then. The Mexican peso has slumped about 7 percent...

Banxico cuts 2017 growth forecast on lower outlook for U.S. industrial production

May 26, 2016 15:07 pm UTC| Commentary

Mexicos central bank has cut its growth forecast for 2017 for the second time this year. In its quarterly inflation report, the central bank forecast a 2.3% and 3.3% rise in Mexicos gross domestic product in 2017, less...

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Economy

Asian Stock Markets Rise as Australian Shares Rally; Investors Eye U.S. Jobs Data and China Inflation

Asian stock markets posted modest gains on Wednesday, led by a strong rally in Australian shares, as investors weighed softer-than-expected Chinese inflation data and awaited key U.S. jobs figures that could influence...

Asian Currencies Rise as Dollar Weakens Ahead of U.S. Payrolls Data; Aussie Hits Three-Year High

Asian currencies strengthened on Wednesday as the U.S. dollar extended its recent decline ahead of closely watched U.S. nonfarm payrolls data. The softer greenback provided broad support across regional foreign exchange...

Australian Central Bank Signals Tough Stance as Inflation Pressures Persist

A senior official at the Reserve Bank of Australia (RBA) has reinforced the central banks firm commitment to curbing inflation, warning that price pressures remain uncomfortably high despite signs of resilience across the...

Yen Strengthens as Japan Election Boosts Confidence, Dollar Wavers Ahead of U.S. Jobs Data

The Japanese yen held onto solid gains on Wednesday, supported by a strong rally in Japans stock market and growing optimism over the countrys political outlook following Prime Minister Sanae Takaichis landslide election...

Oil Prices Hold Firm as U.S.–Iran Talks and Inventory Data Shape Market Sentiment

Oil prices edged slightly higher on Wednesday as traders remained cautious, balancing ongoing U.S.Iran nuclear talks with fresh geopolitical risks and upcoming U.S. inventory data. Brent crude futures gained 23 cents, or...

Politics

U.S. Offers Payments to Afghans in Qatar as Camp As Sayliyah Closure Nears

The U.S. State Department has begun offering financial incentives to Afghans stranded in Qatar to encourage voluntary repatriation, as officials move to shut down Camp As Sayliyah (CAS) by the end of March. The facility, a...

Angus Taylor Challenges Sussan Ley as Liberal Party Leadership Tensions Escalate

Australias opposition leader Sussan Ley is facing mounting pressure within the Liberal Party after senior frontbencher Angus Taylor resigned from his role as shadow defence minister, signaling a potential leadership...

Mexico Senate Approves 40-Hour Workweek Reform, Bill Advances to Lower House

Mexicos Senate has approved a landmark labor reform that would reduce the countrys legal workweek from 48 hours to 40 hours, marking a significant shift in national labor policy. The proposal, backed by President...

Bangladesh Election 2026: Nation Votes After Sheikh Hasina Ouster in Historic Democratic Shift

Bangladesh heads to the polls on Thursday in a landmark general election following the 2024 ouster of long-time Prime Minister Sheikh Hasina in a Gen Z-led uprising. The vote is widely seen as a defining moment for the...

Trump and Netanyahu Hold Talks on Iran Nuclear Deal, Gaza Ceasefire, and Middle East Security

President Donald Trump and Israeli Prime Minister Benjamin Netanyahu concluded high-level talks at the White House without reaching a definitive agreement on how to proceed with Iran, though both leaders confirmed that...

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

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...

SMIC Shares Slide Despite Strong AI-Driven Earnings as Margin Pressure Looms

Shares of Semiconductor Manufacturing International Corp (HK:0981), Chinas largest contract chipmaker, declined 3.6% to HK$68.95 in Hong Kong trading on Wednesday, underperforming the Hang Seng Index, which edged up 0.4%....

Russia Signals Further Restrictions on Telegram Amid Ongoing Regulatory Disputes

Russia is set to impose additional restrictions on Telegram, one of the countrys most widely used messaging platforms, after authorities said the app failed to address earlier violations of Russian law. The announcement...

Cloudflare Forecasts Strong Revenue Growth as AI Fuels Cloud Services Demand

Cloudflare has projected annual and first-quarter revenue above Wall Street expectations, signaling strong confidence in the growing demand for cloud services driven by rapid advancements in artificial intelligence. The...

Minnesota Governor Says Trump Immigration Crackdown Could End Soon

Minnesota Governor Tim Walz said Tuesday that the federal immigration crackdown ordered by President Donald Trumps administration in Minnesota could end within days, following direct conversations with senior White House...