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Tue, Dec 24, 2024 01:21 AM All times are UTC

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Daily outlook for EUR: UniCredit

Feb 25, 2015 08:02 am UTC| Commentary

Quotes from UniCredit Research: -EUR: Ms. Janet Yellen was upbeat on the economy and in our view the date of the first rate hike is getting closer. Yet, market did not see convinced, with US yields falling and the USD...

Risk of BoT rate cut in near-term: Barclays

Feb 25, 2015 07:55 am UTC| Commentary

Quotes from Barclays Capital: -While the BoT appears reluctant to respond to the supply-side driven fall in inflation, we continue to flag the risk of a near-term cut. -However, we believe this will be contingent on...

Daily outlook for CNY: Commerzbank

Feb 25, 2015 07:50 am UTC| Commentary

Quotes from Commerzbank Corporates Markets: -CNY: The HSBC flash PMI for February improved to 50.1 from 49.7 last and above expectations of 49.5. However, the reliability of the data is questionable given the backdrop of...

Daily outlook for BRL: Commerzbank

Feb 25, 2015 07:49 am UTC| Commentary

Quotes from Commerzbank Corporates Markets: -BRL: The Brazilian real should be under pressure in the next days as Petrobras (state controlled oil company) was downgraded by Moodys to junk territory (to Ba2 from Baa3) on...

Daily outlook for TRY: Commerzbank

Feb 25, 2015 07:48 am UTC| Commentary

Quotes from Commerzbank Corporates Markets: -TRY: The currency actually recovered most of the losses of the previous two days, as the CBT cut its rates by less than the market expected. Economy Minister Zeybekci came out...

Daily outlook for UAH: Commerzbank

Feb 25, 2015 07:47 am UTC| Commentary

Quotes from Commerzbank Corporates Markets: -RUB, UAH: The political situation is very blurred, which is risking to hit both currencies even more. Foreign Ministers of the Normandy Group met in Paris yesterday with no...

Daily outlook for SEK: Commerzbank

Feb 25, 2015 07:45 am UTC| Commentary

Quotes from Commerzbank Corporates Markets: -SEK: The Swedish central bank will publish the minutes of its rate decision on 12th February today. This is the meeting at which it once again cut rates and announced the...

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Economy

BYD Factory in Brazil Faces Investigation as Chinese Workers Found in 'Slavery-like Conditions'

Brazilian officials discovered 163 Chinese workers in slavery-like conditions at a BYD factory construction site in Bahia. Workers faced withheld passports, long hours, and unsafe environments, sparking an ongoing...

Toyota Targets BYD and Chinese Rivals with Shanghai EV Factory for Lexus Production by 2027

Toyota is reportedly planning a new EV factory in Shanghai to independently produce Lexus models, starting in 2027. The move comes as the automaker faces stiff competition from Chinese rivals like BYD in the worlds largest...

Honda and Nissan Push 2026 Merger as Ex-CEO Ghosn Criticizes Bold Move

Honda and Nissan announced a groundbreaking 2026 merger that could reshape the global auto industry. While the move aims to rival Tesla and Chinese EV giants, ex-CEO Carlos Ghosn expressed skepticism about the partnerships...

Biden Hands China Chip Tariff Probe to Trump as Trade War Heats Up Over Semiconductor Dominance

The U.S. has opened a trade investigation into Chinese legacy semiconductors, aiming to curb Beijings state-driven chip buildup. The probe, announced just weeks before Donald Trumps inauguration, could lead to additional...

Musk’s X Raises Premium-Plus Plan to $22 With Creator Payouts and AI Features in Focus

X, the platform owned by Elon Musk, raised its premium-plus subscription to $22 in the U.S., emphasizing enhanced creator payouts and advanced AI-driven features like the Grok chatbot. The updated pricing takes effect for...

Politics

Biden’s ‘Shocking’ Clemency Frees Florida Killers in Escobedo Family Slaying, Sparks Outrage Nationwide

President Joe Bidens commutation of death sentences for two men convicted in the 2006 murder of a Florida family has ignited a firestorm of criticism across the country. Bidens decision, part of a broader clemency...

Biden's 'Secret' Meetings with Hunter's Chinese Associates Exposed in New Photos

Newly released photographs have surfaced, shedding light on then-Vice President Joe Bidens interactions with his son Hunter Bidens Chinese business associates during a 2013 trip to Beijing. These images, obtained by...

Biden's Clemency Sparks Outrage Over 'Kids-for-Cash' Judge and $54 Million Fraudster

President Joe Bidens latest clemency decisions have ignited bipartisan criticism, particularly over the commutation of sentences for two high-profile offenders. Among the nearly 1,500 individuals granted clemency this...

DeSantis Faces 'Critical Decision' on Rubio's Senate Successor Amid Trump's Cabinet Picks

As President-elect Donald Trump prepares to assume office, his selection of Senator Marco Rubio (R-Fla.) for Secretary of State has prompted Florida Governor Ron DeSantis to identify a suitable replacement for Rubios...

Greene Warns 'Assassin's Actions' Could Lead to 'Single-Payer Healthcare' in America

In the aftermath of UnitedHealthcare CEO Brian Thompsons assassination, Representative Marjorie Taylor Greene (R-Ga.) has voiced concerns about potential political repercussions. She fears that the actions of the suspected...

Science

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Christmas Eve Asteroid' to Skim Past Earth at 14,743 mph Tonight, NASA Warns

NASA has announced that an asteroid, comparable in size to a 10-story building, will make a close approach to Earth on Christmas Eve. The space rock, designated 2003 SD220, is expected to pass by our planet at a speed of...

Emergency Declared as Bird Flu 'Spreads' to California Dairy Cows

California Governor Gavin Newsom has officially declared a state of emergency in response to the rapidly escalating bird flu outbreak. The declaration comes after avian influenza was detected in dairy cows, a rare and...

Missing Radioactive Material in New Jersey Sparks Panic — Are Drones ‘Hunting for It’?

A small amount of radioactive material went missing in New Jersey earlier this month, raising concerns over public safety and potential security risks. The U.S. Nuclear Regulatory Commission (NRC) confirmed on December 2,...

Some black holes at the centers of galaxies have a buddy − but detecting these binary pairs isn’t easy

Every galaxy has a supermassive black hole at its center, much like every egg has a yolk. But sometimes, hens lay eggs with two yolks. In a similar way, astrophysicists like us who study supermassive black holes expect to...

Technology

'Drones Plummet onto Crowd' at Orlando Holiday Show, Prompting NTSB Investigation

The National Transportation Safety Board (NTSB) has initiated an investigation into a malfunction involving unmanned aircraft systems (UAS) that resulted in drones falling into the audience during a holiday show at Lake...

Apple Nears $4 Trillion Valuation as AI Momentum Fuels Investor Optimism

Apple is closing in on a historic $4 trillion market valuation as investor enthusiasm for its AI strategy and expected iPhone supercycle drive a 16% share surge since November. Apple Nears $4 Trillion Market Cap Amid AI...

Trump's 'Tech Dream Team' Appointments Spark Debate Over Administration's Digital Strategy

President-elect Donald Trump has unveiled a series of high-profile appointments to his technology team, signaling a robust commitment to advancing the United States position in artificial intelligence (AI) and digital...

Tesla Rolls Out Mobile Megapack Chargers for Holidays Across the US, Find Out the Locations Here

Tesla has introduced mobile Megapack chargers at major U.S. travel hotspots to support increased holiday traffic. Travelers can find these high-speed chargers in locations like Bakersfield, Primm, El Centro, and Cambridge,...

Apple Releases 'Urgent' Warning as iPhone Users Targeted by 'Mercenary' Spyware Attacks

Apple has issued an urgent alert to iPhone users, warning of sophisticated spyware attacks orchestrated by private entities targeting high-profile individuals. These mercenary spyware tools, notably Pegasus, can infiltrate...