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Fri, Dec 05, 2025 07:30 PM All times are UTC

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BSP keeps key interest rate unchanged at 4 pct, likely to cut by 50 bps in 2020

Dec 12, 2019 13:45 pm UTC| Commentary Central Banks

The Philippine central bank, BSP, kept its Overnight Repurchase Rate on hold at 4 percent. BSP continues to be positive on domestic growth prospects. They expect sustained fiscal spending and favourable liquidity...

Swedish jobless rate rises above expectations in November

Dec 12, 2019 12:21 pm UTC| Commentary

Swedish jobless rate rose in the month of November, coming in above expectations. Unemployment rose to 7.3 percent due to surprisingly high labour supply. The numbers are noisy but imply that the situation on the labour...

Digital Currency Revolution Series: Solarisbank’s Subsidiary Intends To Launch Custody Services For Crypto Assets

Dec 12, 2019 05:34 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

German-based, SolarisBank, which is a fintech company has formed a subsidiary to offer a custody solution for the crypto-assets. 100% subsidiary of Berlin-based, Solaris Digital Assets GmbH willoffertheir clients with...

Brazilian central bank likely to further cut interest rate by 50 bps

Dec 11, 2019 17:42 pm UTC| Commentary

The Brazilian central bank is set to meet later today for its last monetary policy meeting of 2019. According to a Commerzbank research report, the Brazil Central Bank is expected to further lower its key interest rate by...

Czech economic growth likely to remain slightly below 3 pct, headline inflation to stay high

Dec 11, 2019 13:46 pm UTC| Commentary

The Czech economy had grown 0.4 percent quarter-on-quarter and 2.5 percent year-on-year in the third quarter. Among GDP components, the most significant remained household consumption, mostly because of the solid labor...

Swedish CPIF inflation accelerates in November, Riksbank likely to hike interest rates next week

Dec 11, 2019 11:39 am UTC| Commentary

Swedish CPIF inflation came in line with Riksbank in the month of November. On a year-on-year basis, the CPIF inflation accelerated to 1.7 percent from prior months 1.5 percent. Excluding energy, CPIF inflation came in at...

Blockchain Revolution Series: Spanish Banking Giant Santander Pilots Ethereum-Powered Bond Redemption

Dec 11, 2019 07:36 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

When it comes to Blockchain as budding technology and cryptocurrencies as evolving currency system, then it comes forward as the most probable solutions to get rid of bottleneck situations and innovative operations in...

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Economy

Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data

Gold prices moved higher in Asian trading on Friday, supported by a weakening U.S. dollar and strong expectations that the Federal Reserve will cut interest rates at its upcoming December 910 meeting. Spot gold rose 0.5%...

Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification

Asias equity capital markets are poised for another strong year as a surge of high-profile IPOs from China and India attracts global investors seeking diversification beyond U.S. assets. In 2025, Asian ECM...

Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures

Spains industrial sector posted a moderate yet encouraging rise in October, with industrial output increasing 1.2% compared to the same month last year, according to new data released by the National Statistics Institute...

European Stocks Rise as Markets Await Key U.S. Inflation Data

European stock markets edged higher on Friday as investors looked ahead to the delayed release of the Federal Reserves preferred inflation metric, a key indicator ahead of next weeks policy meeting. By early European...

European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure

European oil and gas equities are entering 2026 on a more cautious footing as J.P. Morgans latest EU Oils Outlook highlights tightening valuations and growing concerns over a projected global oil oversupply. Despite Brent...

Politics

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

China’s Expanding Maritime Military Presence Alarms Taiwan and Japan

Taiwan and Japan expressed growing concern on Friday over Chinas expanding military activity across East Asian waters, following a Reuters report revealing Beijings largest maritime deployment to date. According to...

Honduras Election Turmoil Intensifies as Nasralla Blames Trump for Shift in Results

Honduran presidential candidate Salvador Nasralla says last-minute interference by former U.S. President Donald Trump undermined his chances in the countrys tightly contested election. Speaking with Reuters, Nasralla, a...

Australia and Japan Strengthen Defence Cooperation Amid Rising Regional Tensions

Australian Defence Minister Richard Marles will travel to Japan on Saturday for high-level defence talks with his counterpart, Shinjiro Koizumi, as both nations deepen security cooperation in response to growing regional...

U.S. Justice Department Orders Intensified Probe Into Antifa and Domestic Extremist Groups

U.S. Attorney General Pam Bondi has directed federal law enforcement agencies to significantly ramp up investigations into the antifa movement and other groups deemed potential domestic extremist threats, according to an...

Science

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...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...