Menu

Search

Asia Roundup: Aussie declines as Q2 GDP shrinks at record pace, Kiwi at 1-year peak on RBNZ Governor Orr's comments, Asian shares surge - Wednesday, September 2nd, 2020

Sep 02, 2020 06:08 am UTC| Market Roundups

Market Roundup Gold declines following upbeat U.S. manufacturing data Oil rallies on U.S. stock draw Australia records worst economic plunge Economic Data Ahead (0500 ET/0900 GMT) EZ Producer...

America’s Roundup: Dollar continues to suffer on Fed policy shift, Wall Street gains, Gold rises to two-week high, Oil rises on strong factory activity, crude drawdown forecast-September 2nd,2020

Sep 01, 2020 20:07 pm UTC| Market Roundups

Market Roundup US Redbook (YoY) 4.6%, 0.6% previous US Redbook (MoM) 5.8%,4.1% previous Brazil Aug Markit Manufacturing PMI 64.7 , 58.2 previous Canada Aug RBC Manufacturing PMI 55.1, 52.9 previous US Aug...

Europe Roundup: Euro hits highest since May 2018 against dollar, European shares trim gains, Gold rises to two-week high, Oil prices lifted by weaker dollar and soaring equities-September 1st,2020

Sep 01, 2020 12:36 pm UTC| Market Roundups

Market Roundup Spanish Aug Manufacturing PMI 49.9, 52.8 forecast, 53.5 previous Italian Aug Manufacturing PMI 53.1, 52.0 forecast, 51.9 previous French Manufacturing PMI Aug 49.8, 49.0 forecast, 52.4...

Asia Roundup: Aussie at 2-year peak as RBA expands bank funding scheme, greenback slumps on rate outlook, Asian shares surge following strong China manufacturing PMI - Tuesday, September 1st, 2020

Sep 01, 2020 06:06 am UTC| Market Roundups

Market Roundup Gold rises to 2-week high Oil prices rise on falling U.S. dollar Economic Data Ahead (0400 ET/0800 GMT) EZ Markit Manufacturing PMI(Aug) (0500 ET/0900 GMT) EZ Consumer Price...

America’s Roundup:Dollar hits two-year trough as Fed commits to easy policy, Wall Street ends mixed, Gold inches up, Oil dips as prices struggle to break through demand uncertainty-September 1st,2020

Sep 01, 2020 00:22 am UTC| Market Roundups

Market Roundup Canada Jul Building Permits (MoM) -3.0% , 5.7% previous Canada Jul IPPI (YoY) -2.3%,-3.3% previous Canada Jul RMPI (YoY) -12.1%,-13.5% previous Canada Jul RMPI (MoM) 3.0%,6.9% forecast, 7.5%...

Europe Roundup: Euro gains against dollar as dovish Fed lends support ,European shares dips, Gold dips, Oil hits five-month high on Abu Dhabi supply cuts, China data-August 31st,2020

Aug 31, 2020 13:55 pm UTC| Market Roundups

Market Roundup Swiss Jul Retail Sales (YoY) 4.1%,1.1% previous Spanish Aug HICP (YoY) -0.6%,-0.6% forecast,-0.7% previous Spanish Aug CPI (YoY) -0.5%, -0.6% forecast, -0.6% previous Spanish Aug CPI (MoM) 0.0%,...

Asia Roundup: Antipodeans at multi-month peaks, dollar recovers ground against yen as growth in China's services sector accelerates, Asian shares hit 2-year high - Monday, August 31st, 2020

Aug 31, 2020 06:18 am UTC| Market Roundups

Market Roundup Oil prices gain on stimulus support Gold hits near 2-week high on dollar weakness Economic Data Ahead (0500 ET/0900 GMT) Italy Consumer Price Index (YoY)(Aug) PREL (0500 ET/0900...

  441 442 443 444 445 446 447 448 449 450   

Economy

How the US–India tariff truce boosts major Indian industries, Surat to Pharma

With zero-duty treatment for flagship products including gems and diamonds, generic drugs, and certain aircraft parts, the new USIndia interim trade agreement reduces US tariffs on Indian products from roughly 25% (close...

Australian Pension Funds Boost Currency Hedging as Aussie Dollar Strengthens

A major Australian pension fund is ramping up its currency hedging strategy as expectations grow that the Australian dollar is undervalued and poised to strengthen further. HESTA, one of Australias largest superannuation...

Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market

Lee Seung-heon, a leading candidate to become the next governor of the Bank of Korea (BOK), has voiced support for raising property ownership taxes as a way to curb surging home prices, while warning that a shift toward...

Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk

Most Asian currencies traded within a narrow range on Monday, reflecting cautious sentiment as investors awaited key economic data from the United States and China. The Japanese yen edged slightly higher after Japans...

Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data

Gold prices edged higher during Asian trading on Monday, with silver also posting strong gains, as precious metal markets attempted to stabilize after a week marked by sharp volatility. The rebound comes amid lingering...

Politics

China Overturns Death Sentence of Canadian Robert Schellenberg, Signaling Thaw in Canada-China Relations

Chinas top court has overturned the death sentence of Canadian national Robert Schellenberg, a major development in a long-running drug smuggling case that has strained diplomatic relations between Canada and China for...

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...

Trump Slams Super Bowl Halftime Show Featuring Bad Bunny

U.S. President Donald Trump sparked fresh controversy after criticizing the Super Bowl halftime show fronted by global music star Bad Bunny, calling the performance absolutely terrible in a social media post shared on...

Bangladesh Election 2026: A Turning Point After Years of Political Suppression

Bangladesh is heading into what many describe as its most competitive national election in more than a decade, marking a dramatic reversal of political fortunes after years of one-party dominance. For 15 years under former...

Ghislaine Maxwell to Invoke Fifth Amendment at House Oversight Committee Deposition

Ghislaine Maxwell, a longtime associate of the late financier Jeffrey Epstein, plans to refuse to answer questions during a scheduled deposition before the U.S. House Committee on Oversight and Government Reform on Monday,...

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

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....

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.