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Tue, Jun 23, 2026 10:15 PM All times are UTC

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UK gilts slump post BoE’s Financial Stability Report; Q1 GDP eyed by investors

Jun 27, 2017 09:54 am UTC| Commentary Economy

The UK gilts slumped Tuesday after the Bank of England (BoE) released its Financial Stability Report (FSR) for the month of June. Also, the release of Q1 GDP by the end of this week is closely eyed by investors for...

Eurozone periphery bonds plunge post ECB President Draghi’s speech; all eyes on benchmark German CPI

Jun 27, 2017 09:08 am UTC| Commentary Economy

The Eurozone periphery bonds plunged Tuesday after reading the European Central Bank (ECB) President Mario Draghis speech. Markets are looking forward to the release of benchmark German consumer price inflation for the...

TWD to remain stuck in range of 30.0-30.5, could face intermittent depreciation pressure in July or Q3: Scotiabank

Jun 27, 2017 07:57 am UTC| Commentary Economy

The TWD has been trading in a range recently on rising concern in local companies with massive FX losses. In the months ahead, the TWD is expected to respond to cross-border flows in an asymmetric manner, i.e. more...

JGBs remain on the upside on expectations of fall in retail sales; BoJ Governor Kuroda’s speech in focus

Jun 27, 2017 06:22 am UTC| Commentary Economy

The Japanese government bonds were pushed slightly higher across the curve on Tuesday, following hopes of a fall in the countrys retail sales for the month of May, scheduled to be released on June 29. In addition, the Bank...

New Zealand bonds close slightly higher after trade surplus eases in May

Jun 27, 2017 05:36 am UTC| Commentary Economy

The New Zealand bonds closed slightly on the upside Tuesday after witnessing a softer trade surplus for the month of May, undershooting market expectations, released earlier today. At the time of closing, the yield on...

Australian bonds remain upbeat in thin trading amid dip in consumer confidence

Jun 27, 2017 04:13 am UTC| Commentary Economy

The Australian bonds remained upbeat Tuesday in thin trading activity that witnessed data of little economic significance and as the countrys weekly consumer confidence edged slightly lower for the second straight week in...

Why a 'cashless' society would hurt the poor: A lesson from India

Jun 27, 2017 03:15 am UTC| Insights & Views Economy

India recently tried to reduce the use of cash in its economy by eliminating, overnight, two of its most widely used bills in what was called demonetization. While the effort initially explained as an attempt to curb...

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Economy

Oil Prices Slip as Iran Sanctions Relief and Hormuz Shipping Recovery Ease Supply Concerns

Global oil prices moved lower on Tuesday, extending losses from the previous session as concerns over supply disruptions eased following signs of increased shipping activity through the Strait of Hormuz and a temporary...

Wall Street Slides as AI Stocks Tumble Following South Korea Tech Sell-Off

U.S. stocks closed lower on Tuesday as a sharp sell-off in technology shares weighed heavily on Wall Street. Concerns surrounding artificial intelligence (AI) demand intensified after a major decline in South Koreas...

US Dollar Climbs to One-Year High as Fed Rate Hike Expectations Surge

The U.S. dollar strengthened on Tuesday, reaching its highest level in more than a year as investors continued to react to the Federal Reserves unexpectedly hawkish stance. Growing expectations of future interest rate...

Singapore Inflation Stays Muted in May as Core CPI Misses Forecasts Ahead of MAS Review

Singapores inflation rate remained subdued in May 2026, with both headline and core consumer price inflation coming in below market expectations, reinforcing expectations that the Monetary Authority of Singapore (MAS) may...

South Korea Stocks Tumble as AI-Fueled Rally Faces Profit-Taking Pressure

South Korean stocks suffered a sharp decline on Tuesday, with the benchmark KOSPI plunging nearly 6% as investors rushed to lock in profits after a historic rally driven by artificial intelligence (AI) optimism,...

Politics

Lebanon Pushes Ahead With Israel Talks Despite Iran-U.S. Deal Impact

Lebanon is set to begin a new round of direct negotiations with Israel in Washington on Tuesday, despite growing concerns that recent Iran-U.S. diplomatic developments have weakened Beiruts position. Lebanese officials...

Andy Burnham Emerges as Favorite After Keir Starmer Resigns

British Prime Minister Keir Starmer announced on Monday that he is stepping down as leader of the Labour Party, paving the way for Andy Burnham to become the next prime minister of the United Kingdom. The move could bring...

Rubio Faces Gulf Skepticism Over U.S.-Iran Peace Deal

U.S. Secretary of State Marco Rubio is embarking on a critical diplomatic tour of the Gulf this week as he seeks to reassure key Arab allies about Washingtons newly signed Iran peace agreement. The visit comes amid growing...

Russia-Ukraine War: Fresh Strikes Injure Civilians as Fuel Crisis Worsens in Russia

Six people were injured in overnight Russian air strikes across Ukraine, according to local officials, while Kyiv briefly issued an air raid alert early Tuesday, urging residents to seek shelter. The latest attacks...

DOJ Opens Investigation Into NYC Coffee Shop Over Anti-Goldman Social Media Post

The U.S. Department of Justice has launched an investigation into a New York City coffee shop after the business publicly stated it would have refused service to Representative Dan Goldman if employees had recognized him...

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

Tencent Reviews Marvelous Stake as Gaming Giant Reassesses Global Investment Strategy

Tencent Holdings (HK:0700) is reportedly exploring potential exits from several investments in Japanese game developers, including its stake in Marvelous Inc. (TYO:7844), as the Chinese technology giant reevaluates its...

WiseTech Global Denies Knowledge of Investigation Into Founder Richard White

Australia-based logistics software company WiseTech Global (ASX: WTC) has stated that it is unaware of any investigation involving its Executive Chair and founder, Richard White, following media reports that triggered a...

Baseten Secures $1.5 Billion Funding at $13 Billion Valuation Amid AI Infrastructure Boom

Baseten, a California-based artificial intelligence startup co-founded by Australian entrepreneurs, has raised $1.5 billion in a new funding round, pushing its valuation to $13 billion. The deal highlights the growing wave...

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...