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German bunds continue to fall ahead of 30-year auction, ECB President Draghi’s speech

Apr 10, 2018 08:29 am UTC| Commentary Economy

The German bunds continued to fall Tuesday as investors wait to watch the countrys 30-year auction, due to be held on April 11 and the European Central Bank (ECB) President Mario Draghis speech, scheduled to be released on...

Australia’s ANZ-Roy Morgan consumer confidence eases for third successive week on pessimism over future financial conditions

Apr 10, 2018 07:46 am UTC| Commentary Economy

Australias ANZ Roy Morgan Consumer confidence eased for the third successive week as the latest reading fell 0.3 percent to 115.1. The underlying details were mixed, with two out of five sub-indices registering...

Global Geopolitical Series: Risk aversion subsides as Chinese President Xi signals concessions in trade dispute with U.S.

Apr 10, 2018 06:30 am UTC| Commentary Economy

Risk aversion in the market subsided with stocks rising and the safe haven Japanese yen retracing its gains after Chinese President Xi Jinping, speaking at the Boao forum in Asia said that his country doesnt seek trade...

Bank of Korea likely to leave benchmark policy rate unchanged at 1.50 pct, following benign inflation outlook: Scotiabank

Apr 10, 2018 06:12 am UTC| Commentary Central Banks Economy

The Bank of Korea (BoK) is expected to leave its policy rate unchanged at 1.50 percent on Thursday morning, largely due to the nations benign inflation outlook, hovering U.S.-China trade disputes and the Feds further...

Oil in Global Economy Series: Reuters’ survey suggests OPEC compliance at 159 percent in March

Apr 10, 2018 06:00 am UTC| Commentary

Reuters has released its March OPEC oil market production survey and it suggests that OPEC production is set for a decline to tune of 90,000 barrels per day in March compared to the revised February production data...

Oil in Global Economy Series: Platts’ survey suggests OPEC production at 32.14 million barrels per day in March

Apr 10, 2018 05:52 am UTC| Commentary

Platts has released its March oil market production survey and it suggests that OPEC production is set for a Decline in March compared to the February, including Nigeria and Libya. The gap is calculated based on Platts...

JGBs trade narrowly higher as investors await super-long 30-year auction

Apr 10, 2018 04:52 am UTC| Commentary Economy

The Japanese government bonds traded narrowly higher Tuesday as investors wait to watch the countrys 30-year auction, scheduled to be held on April 12 by 03:45GMT. The yield on the benchmark 10-year Treasury note, which...

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Economy

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...

UK Starting Salaries See Strongest Growth in 18 Months as Hiring Sentiment Improves

Starting salaries for permanent employees in the UK recorded their strongest increase in nearly a year and a half in January, signaling early signs of stabilization in the British labor market. According to the latest...

Australian Household Spending Dips in December as RBA Tightens Policy

Australian household spending declined in December as consumers eased back after heavy year-end sales activity, but solid sales volumes continued to highlight why the Reserve Bank of Australia (RBA) recently raised...

Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions

Global oil prices opened the week lower, sliding more than 1% on Monday as investor concerns over a potential conflict in the Middle East eased following diplomatic progress between the United States and Iran. The decline...

Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances

Indian refiners are increasingly avoiding purchases of Russian crude oil for delivery in April and potentially beyond, a strategic shift that could support New Delhis efforts to finalize a trade agreement with the United...

Politics

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,...

Trump Administration Appeals Court Order to Release Hudson Tunnel Project Funding

The administration of U.S. President Donald Trump has filed an appeal challenging a federal court decision that ordered the Transportation Department to unfreeze funding for the $16 billion Hudson Tunnel Project, a major...

Trump Congratulates Japan’s First Female Prime Minister Sanae Takaichi After Historic Election Victory

U.S. President Donald Trump publicly congratulated Japanese Prime Minister Sanae Takaichi on Sunday following her coalitions decisive landslide victory in Japans lower house elections held over the weekend. The message,...

Japan’s Prime Minister Sanae Takaichi Secures Historic Election Win, Shaking Markets and Regional Politics

Japans Prime Minister Sanae Takaichi has secured a historic landslide victory in a rare winter election, consolidating power and paving the way for major shifts in economic, fiscal, and security policy. Takaichis Liberal...

Science

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...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

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...