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Fri, Aug 14, 2026 06:56 PM All times are UTC

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U.S. jobless claims rise modestly by remain at low levels

May 03, 2018 14:16 pm UTC| Commentary

U.S. jobless claims continue to be at low levels. In the week ended 28 April, the initial jobless claims rose slightly to 211k from 209k. This is below consensus expectations of 225k. This brings the four-week moving...

Euro area headline inflation decelerates in April

May 03, 2018 13:39 pm UTC| Commentary

Euro area inflation surprised on the downside in April after the subdued country-level data. Core inflation in particular came in below expectations at 0.7 percent, indicating that price pressures in the area continue to...

Global geopolitical Series: U.S. trade deficits with China continues to widen

May 03, 2018 13:33 pm UTC| Commentary Economy

Despite all the harsh trade war rhetoric and actions taken up by the U.S. Commerce Department using countervailing and anti-dumping duty laws since 2017, the U.S. goods trade deficits with China continues to rage. It has...

Oil in Global Economy Series: Tight supplies amid higher demand pushes Saudi to increase oil price for Asian customers

May 03, 2018 13:04 pm UTC| Commentary

Saudi Arabias state-owned oil-exporting giant Saudi Aramco announced on Wednesday that it is increasing prices for all of its crude grades to be sold to Asian customers. Aramco raised the price of its one of the most...

FxWirePro Call Review: Add additional short positions to our IBEX35 bear call

May 03, 2018 12:34 pm UTC| Commentary

Back in February this year, in an article named, FxWirePro: Sell IBEX35 targeting 7800 area, available at https://www.econotimes.com/FxWirePro-Sell-IBEX35-targeting-7800-area-1158558 , we suggested, We at FxWirePro believe...

FxWirePro Call Review: AUD/USD likely to decline further as rising range breaks

May 03, 2018 11:56 am UTC| Commentary

Back in November 2017, in an article named, FxWirePro: Buy Aussie targeting 0.87 against dollar over longer horizon, available at...

U.S. Treasuries gain after Fed leaves interest rates unchanged; eyes on initial jobless claims

May 03, 2018 10:51 am UTC| Commentary Economy

The U.S. Treasuries gained Thursday, taking cues from the Federal Reserves overnight decision, where the Fed Funds rate remained unchanged, with expectations of a slightly higher inflationary pressure. In addition, they...

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Economy

European Stocks Steady as U.S.-Iran War, Euro Zone Data Keep Investors Cautious

European stocks were largely flat on Friday and remained on track for a modest weekly decline as investors monitored the U.S.-Iran war, rising oil prices and upcoming euro zone economic data. The STOXX 600 edged 0.05%...

KOSPI Eyes Best Weekly Gain Since June as Samsung, SK Hynix Rally

South Koreas KOSPI was heading for its strongest weekly performance since early June on Friday, fueled by a powerful rebound in technology and semiconductor stocks as optimism around artificial intelligence demand returned...

France Inflation Rises 2.4% in July as Consumer Prices Increase

Frances consumer prices increased in July 2026, with both monthly and annual inflation measures showing upward movement, according to final data released Friday by the French National Institute of Statistics and Economic...

China Automakers Accelerate Global Expansion as Domestic Car Sales Slump

Chinas automakers are rapidly expanding overseas as falling domestic car sales and excess manufacturing capacity push companies such as BYD, Geely and Chery to seek growth beyond the worlds largest auto market. Chinese car...

Asian Currencies Edge Higher as Soft US Inflation Weighs on Dollar

Asian currencies edged higher on Friday as the U.S. dollar weakened following softer-than-expected inflation data, which reduced expectations for a near-term Federal Reserve interest-rate hike. Gains across regional...

Politics

Jared Kushner May Visit Israel for Gaza Talks Next Week

U.S. President Donald Trumps envoy and son-in-law, Jared Kushner, could travel to Israel next week for talks aimed at advancing the administrations Gaza peace plan, according to a source familiar with the matter. Axios...

Albanese Says AUKUS ‘Full Steam Ahead’ After Trump Call

Australian Prime Minister Anthony Albanese said the AUKUS defence pact remains full steam ahead following a lengthy phone call with U.S. President Donald Trump, as Canberra also pushes Washington for a complete exemption...

Trump Orders Major Overhaul of US Navy Shipbuilding

President Donald Trump has signed a National Security Presidential Memorandum directing sweeping changes to U.S. Navy shipbuilding and ship repair programs as part of an effort to rebuild the countrys maritime industrial...

Israel Warned US of Alleged Iran Plot to Assassinate Trump

Israel repeatedly warned the United States over the past year that Iran may have been planning to assassinate President Donald Trump, although U.S. intelligence agencies were unable to independently verify several of the...

Putin Visits Disputed Kuril Island, Sparking Strong Protest From Japan

Russian President Vladimir Putin visited the disputed island of Iturup on Thursday, triggering a sharp diplomatic protest from Japan amid longstanding tensions over the Kuril Islands. Known as Iturup in Russia and Etorofu...

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

Apple Develops China-Specific AI Model With Alibaba as Apple Intelligence Launch Nears

Apple Inc. (NASDAQ: AAPL) has reportedly developed a large language model specifically for China in collaboration with Alibaba (HK: 9988), signaling a significant shift in the iPhone makers artificial intelligence strategy...

Goldman Sachs Eyes Investors for Nvidia’s $500 Billion AI Financing Plan

Goldman Sachs is reportedly in discussions with potential investors to participate in Nvidias ambitious $500 billion AI infrastructure financing initiative, as institutional demand for artificial intelligence investments...

LG, Nvidia Expand AI Partnership With Humanoid Robots, AI Factories

LG Corp and Nvidia have signed a memorandum of understanding (MOU) to deepen their strategic partnership across robotics, AI factories and next-generation mobility, LG announced Friday. The agreement will combine LGs...

SMIC Shares Rally as Q2 Profit Surges 262% on Strong Chip Demand

Shares of Semiconductor Manufacturing International Corp. (SMIC) surged on Friday after the Chinese semiconductor foundry delivered strong second-quarter earnings, supported by higher chip demand, improved pricing and...

Anthropic Eyes $6B Decart AI Acquisition Ahead of Mega IPO

Anthropic is reportedly in talks to acquire Nvidia-backed AI startup Decart AI as the Claude developer looks to expand its computing capabilities and address growing demand ahead of a potential public listing. Bloomberg...