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Tue, Jun 23, 2026 02:08 AM All times are UTC

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New Zealand 10-year bond yields close at 5-1/2 week low ahead of RBNZ’s policy decision, Gov Wheeler’s speech

Aug 08, 2017 06:04 am UTC| Commentary Economy

The New Zealand 10-year bond yields closed Tuesdays session at 5-1/2 week low as investors wait to watch the Reserve Bank of New Zealands (RBNZ) monetary policy decision scheduled to be unveiled on August 9. Further, the...

JGBs edge down taking cues from U.S. Treasuries, softer demand at 30-year auction

Aug 08, 2017 05:00 am UTC| Commentary Economy

The Japanese government bonds edged down Tuesday, taking cues from an overnight performance of the U.S. Treasuries in choppy trading on Monday after Fridays stronger-than-expected U.S. non-farm payrolls report, with no...

Australian bonds continue on the downside despite sharp losses in equities

Aug 08, 2017 03:14 am UTC| Commentary Economy

The Australian bonds continued to be on the downside Tuesday as investors moved away from safe-haven assets despite sharp losses witnessed in the equity market, slightly tracking U.S. Treasuries. Also, markets will be...

Brazilian real’s rally likely to halt in medium-term, says Danske Bank

Aug 07, 2017 23:11 pm UTC| Commentary Economy

Last weeks positive news about has rebounded confidence towards the Brazilian economy. President Michel Temer has escaped the fate of his predecessor Dilma Rousseff. The pressure coming from the corruption scandal...

China’s short-term economic growth prospects seem strong

Aug 07, 2017 23:05 pm UTC| Commentary Economy

The Chinese economic growth in the second quarter continued to stay strong at 6.9 percent. The short-term growth prospects are strong. Along with a stable growth in consumption, growth benefitted from foreign trade and...

German industrial production falls in June sequentially, real GDP likely to have grown in Q2

Aug 07, 2017 23:04 pm UTC| Commentary Economy

As was widely anticipated, German industrial production dropped in June on a sequential basis. On the month, industrial production dropped 1.1 percent. Despite this decline, production grew in the second quarter at the...

New Zealand’s inflation expectations drop in Q3, shows RBNZ survey

Aug 07, 2017 16:58 pm UTC| Commentary Economy

The Reserve Bank of New Zealands near-term inflation expectations survey dropped in the third quarter. The survey questions respondents what they think inflation would be in two years time. The survey showed that the...

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Economy

Japan Manufacturing Growth Accelerates in June as Orders Surge Despite Iran War Cost Pressures

Japans manufacturing sector maintained strong momentum in June, supported by the fastest rise in new orders in more than four years, even as businesses continued to face mounting cost pressures linked to the ongoing Iran...

U.S.-Iran Diplomacy Helps Drive Gasoline Prices Down 15% From May Highs

American drivers are seeing welcome relief at the gas pump as gasoline prices continue to decline following improved diplomatic relations between the United States and Iran. According to fuel price tracker GasBuddy, the...

Wall Street Ends Mixed as Alphabet Slumps, Middle East Developments and Fed Outlook Weigh on Markets

U.S. stocks closed mixed on Monday as a sharp decline in Alphabet shares pressured the communication services sector, while investors closely monitored evolving developments in the Middle East and assessed the Federal...

Oil Prices Fall as Iran Peace Talks Progress, Hormuz Reopens, and U.S. SPR Hits 1983 Low

Global oil prices extended their recent decline on Monday as optimism grew over ongoing U.S.-Iran peace negotiations and the reopening of the vital Strait of Hormuz. The easing of geopolitical tensions in the Middle East...

Japan Keeps Markets Guessing as Yen Nears 40-Year Low, Raising Intervention Risks

Japans financial authorities are maintaining uncertainty over potential currency intervention as the Japanese yen hovers near its weakest level in nearly four decades. Market participants are closely watching government...

Politics

Russian Air Strikes Injure Six Across Ukraine as Kyiv Issues Air Raid Alert

At least six people were injured in a new wave of Russian air strikes across Ukraine overnight, according to local officials, as authorities in Kyiv issued an air raid alert early Tuesday and urged residents to seek...

Alan Greenspan: 7 Fascinating Facts About the Former Fed Chairman

Former Federal Reserve Chairman Alan Greenspan, who died Monday at the age of 100, left behind a remarkable legacy that extended far beyond economics and monetary policy. Known as one of the most influential figures in...

UNAIDS Urges U.S. to Reconsider South Africa HIV Funding Withdrawal

The head of UNAIDS, Winnie Byanyima, has urged the United States to reconsider its decision to withdraw HIV/AIDS funding for South Africa, warning that the move could put millions of vulnerable people at risk and...

US Waives Iran Sanctions for 60 Days as Peace Talks Advance and Lebanon Sees Calm

The United States has granted Iran a 60-day sanctions waiver following the first round of negotiations under a newly established peace agreement, signaling a potential breakthrough in efforts to ease tensions across the...

Rubio Gulf Tour Aims to Reassure Allies on Trump’s Iran Deal

U.S. Secretary of State Marco Rubio will visit the United Arab Emirates, Kuwait, and Bahrain from Tuesday through Thursday as the Trump administration seeks to strengthen support for its preliminary agreement with Iran...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Meta Pauses Employee Activity Tracking Program Over Data Security Concerns

Meta has temporarily suspended an internal employee monitoring program used to train its artificial intelligence models after concerns emerged about potential data security and privacy risks. The program, known as the...

Oracle Cuts 21,000 Jobs as AI Reshapes Workforce and Cloud Expansion Accelerates

Oracle reduced its global workforce by approximately 21,000 employees, or 13%, during fiscal 2026 as the company continued a major restructuring effort while expanding its artificial intelligence and cloud computing...

Alphabet Stock Slides as AI Talent Exodus and SpaceX Losses Shake Investor Confidence

Alphabet (NASDAQ: GOOGL) shares plunged nearly 7% on Monday, marking one of the companys sharpest single-day declines in recent years as investors reacted to a combination of high-profile AI talent departures and weakness...

SpaceX Stock Plunges 16% as KeyBanc Warns Valuation May Be Overstretched

SpaceX shares tumbled more than 16% on Monday after investment firm KeyBanc initiated coverage with a cautious outlook, suggesting the aerospace giants valuation has become stretched following its strong post-IPO rally....

Trump’s Quantum Push Lifts IBM Stock as CEO Arvind Krishna Receives White House Praise

IBM shares surged in after-hours trading Monday after President Donald Trump publicly praised IBM CEO Arvind Krishna during a White House event focused on advancing U.S. quantum technology leadership. The endorsement...