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Sat, Oct 05, 2024 02:21 AM All times are UTC

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RBI extends its pause stance

Feb 03, 2016 03:06 am UTC| Commentary Central Banks

The Reserve Bank of India (RBI) left the Repo and reverse repo rate unchanged at 6.75% and 5.75% respectively on Tuesday. While the commentary offered little surprises, the tone was more balanced as the central bank is...

A cold winter has hit the manufacturing sector in Singapore

Feb 03, 2016 02:25 am UTC| Commentary Economy Nature

Singapore PMIs for Jan15 have indeed gotten worse. In the month the headline manufacturing PMI dipped by 0.5pt to 49.0. Electronics PMI also fell, to 48.5, down from 48.9 in the previous month. All key sub-indexes are...

Currency War Series

Taiwan's rate-cut expectations warranted

Feb 03, 2016 02:06 am UTC| Commentary Central Banks

The market rates are falling in Taiwan, reflecting the ripple effects of Bank of Japans negative rates policy. The overnight TWD interbank rate, which stayed stable at 0.23% before the Bank of Japans (BOJ) policy...

Oil prices to drive NOK in the near term

Feb 03, 2016 00:11 am UTC| Commentary

Weaker oil price will continue to drive the NOK in the near term but against that accommodative fiscal and monetary policy will help the economy to grow. Total GDP is expected to expand 1.6% in 2016, which is up 0.1 %...

UK economy to post decent growth in 2016

Feb 02, 2016 23:35 pm UTC| Commentary

The latest UK economic data suggests that GDP growth should advance at a steady pace in 2016 despite some headwinds from the global economy. Due to the gradually rising inflation in UK, consumer spending is likely to ease...

Euro zone recovery likely to gain momentum in 2016 and 2017

Feb 02, 2016 22:49 pm UTC| Commentary

Heading into 2016, weak commodity prices, low inflation and strong Euro will put the deflationary pressure on Euro zone economy. In addition, global headwinds and the ongoing deterioration of many major emerging economies...

Fundamental Evaluation Series

US economy loses momentum in 2015—a glimpse on fundamentals

Feb 02, 2016 22:09 pm UTC| Commentary Economy

While looking at the overall economic situation of US economy, it seems like US economy lost its momentum by the end of 2015. Revised data confirms that the U.S. economy expanded at a seasonally adjusted annualized rate of...

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Economy

U.S. Services Sector Hits 1.5-Year High in September as Employment Weakens

The U.S. services sector expanded at its fastest pace in 18 months in September, driven by strong new orders, according to the Institute for Supply Management. However, the robust growth came as employment in the sector...

Major Gaps in Home Loan Data Raise Concerns Over Discriminatory Lending and Accountability

A new report from the National Community Reinvestment Coalition reveals that over 12% of U.S. home loan applicants fail to provide race data, undermining efforts to detect discriminatory lending. The lack of complete data...

U.S. payrolls exceeded expectations significantly, while the unemployment rate dropps to 4.1%.

Nonfarm employment rose by 254,000 in September, exceeding the average expectation of 150,000. Revisions for employment growth in the prior two months added another 72,000. Over the latest three months, average payroll...

Canvas: A New Collaborative Interface for ChatGPT Users

Canvas is an innovative interface designed for those using ChatGPT for writing and coding projects that require more than just a chat-based approach. This early beta provides a side-by-side workspace for users to...

JPMorgan Analysts Forecast Bitcoin and Gold Surge Amid Geopolitical Tensions and U.S. Election

JPMorgan analysts project that rising geopolitical tensions and the upcoming U.S. election will drive a surge in demand for Bitcoin and gold. This shift comes as investors look for alternatives to safeguard their assets...

Politics

Donald Trump Receives Overwhelming Endorsement: ‘200+ Military Leaders Back His Return to the White House'

In a stunning show of support, more than 200 retired military generals and admirals have publicly endorsed former President Donald Trump in an open letter, underscoring their belief in his leadership and commitment to the...

Donald Trump's Pal Elon Musk Slams Kamala Harris Win: 'A Disaster for Civilization'

Elon Musk has voiced serious concerns about Kamala Harris potentially winning the upcoming presidential election, calling it not only bad for America but warning that it could spell disaster for the future of civilization...

Donald Trump Set for Landslide Victory: ‘Commanding Lead in Key States – This Could Be Unstoppable'

Donald Trump appears to be positioned for a sweeping victory in the upcoming presidential election, as new polling data suggests the former president holds a commanding lead in several crucial battleground states....

Donald Trump Refuses 60 Minutes Interview Over Lack of Apology for Hunter Biden Laptop Story

In a bold move, former President Donald Trump announced that he is refusing to sit down for an interview with 60 Minutes until he receives an apology for the networks previous claims regarding Hunter Bidens infamous...

Biden-Harris Admin Warns FEMA May Run Out of Funds Amid Hurricane Season After Billions Sent Overseas

In a shocking development, the Biden-Harris administration announced that FEMA (Federal Emergency Management Agency) may not have enough resources to make it through the rest of hurricane season. This warning comes on the...

Science

Europe Pushes Back Against SpaceX's Efforts to Expand Starlink Direct-to-Cell Operations

European mobile network operators are opposing SpaceXs initiative to expand Starlink Direct-to-Cell services, urging the U.S. Federal Communications Commission (FCC) to reject SpaceXs request to operate beyond standard...

SpaceX and T-Mobile Begin Testing Starlink Cellular Satellite Service Ahead of 2025 Launch

SpaceX and T-Mobile have reportedly initiated tests for their highly anticipated Starlink Cellular satellite service. Speculation emerged after users noticed satellite activity on their phones, fueling excitement ahead of...

SpaceX Pauses Falcon 9 Launches After Anomaly During Crew 9 Mission Investigation

SpaceX has suspended all Falcon 9 launches after an anomaly occurred with the rockets second stage during the Crew 9 mission for NASA. The second stage failed to land as planned, prompting an investigation and delaying...

Tesla’s $25K Compact Car Could Drive Bigger Stock Gains Than Robotaxi, Analyst Predicts

As anticipation builds for Teslas Robotaxi, some analysts believe the companys upcoming $25,000 compact car will have a more significant impact on its stock. Gary Black of The Future Fund argues that entering the...

Starlink Reaches 4 Million Customers Globally as SpaceX Expands Operations and Services

SpaceXs Starlink has officially surpassed 4 million customers across more than 100 countries. This milestone was announced by SpaceX COO Gwynne Shotwell, who also outlined plans for expanding Starlinks satellite network...

Technology

TSMC’s Surging Electricity Demand Could Strain Taiwan’s Energy Infrastructure by 2030, S&P Warns

TSMCs rising electricity demand, driven by its advanced 3-nanometer chip production, could significantly strain Taiwans energy infrastructure by 2030, according to a report from SP Global Ratings. The semiconductor giants...

NVIDIA’s New AI Model Challenges OpenAI’s $157B Valuation Amid Rising Industry Competition

NVIDIAs release of its open-source AI model, NVLM-D 1.0, has sparked fresh debate over OpenAIs soaring $157 billion valuation. With near-parity performance to OpenAIs GPT-4o and increased inference capability, NVIDIA is...

Waymo Taps Hyundai’s IONIQ 5 for Robotaxi Fleet Ahead of Tesla's Autonomous Ride-Hailing Reveal

Waymo has partnered with Hyundai to integrate IONIQ 5 electric vehicles into its robotaxi fleet, with on-road testing set to begin by 2025. The announcement comes days before Teslas expected reveal of its own robotaxi...

Nintendo Switch 2 Leaker Shakes Up Rumors – 2024 Announcement Still Happening!

A trusted Nintendo insider has shaken up the rumor mill by confirming that the Switch 2 is still on track to be revealed in 2024. Fans who feared a delay can now expect the announcement to come before the years...

Cybertruck Non-Foundation Pre-Orders Open at $79,990—Tesla Drops Foundation Series Exclusivity

Tesla has started accepting pre-orders for its Cybertruck Non-Foundation model, offering the all-electric pickup truck at a starting price of $79,990 without the additional features of the Foundation Series. This move...