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Thu, Jun 11, 2026 04:21 AM All times are UTC

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USD/CNY likely to return to previous levels considering possible tariff rollbacks by the US in months ahead, says Scotiabank

Nov 07, 2019 07:47 am UTC| Commentary Economy

The USD/CNY currency pair is expected to return to previous levels corresponding to different additional tariffs if considering possible tariff rollbacks by the US in the months ahead, roughly reversing the process of the...

Australian trade balance lifts back above $7bn in Sep, comfortably beating market expectations

Nov 07, 2019 06:47 am UTC| Commentary Economy

Australian trade balance lifted back above $7bn in September, comfortably beating market expectations; the countrys August surplus was revised up by nearly $700 million, ANZ Research reported. The monthly trade surplus...

FxWirePro: Most Asian markets in red, gold trades flat at $1,490 mark

Nov 07, 2019 05:17 am UTC| Commentary

Most of the Asian indices were trading on a lower note on Thursday. Gold was trading around $1,490 mark while silver was trading around $17.60 mark. Japans Nikkei was trading 0.08 pct lower at 23,285.50...

Australian bond yields slump tracking U.S. peer as temporary trade deal optimism fades

Nov 07, 2019 04:34 am UTC| Commentary Economy

The Australian government bond yields slumped during Asian session Thursday tracking a similar movement in the United States counterpart after temporary optimism over the U.S.-China trade deal faded. The latest meeting...

U.S. productivity growth falls in Q3 2019

Nov 06, 2019 16:38 pm UTC| Commentary

U.S. productivity growth came in considerably below consensus expectations in the third quarter. On a quarter-on-quarter basis, productivity growth fell 0.3 percent, as compared with consensus expectations of a rise of 0.9...

Bank of Thailand cuts policy rate by 25 bps, unlikely to cut rates further in 2019

Nov 06, 2019 13:21 pm UTC| Commentary Central Banks

The Bank of Thailand lowered its policy rate today by 25 basis points to 1.25 percent in a 5-2 vote. The BoT cited lacklustre growth and the effect of a solid currency on exports and tourism as main factors behind its...

Euro area service sector activity rebounds slightly in October, sentiment remains at five-year low

Nov 06, 2019 12:56 pm UTC| Commentary

The euro area economy continues to be close to stagnation as new work drops again. The HIS Markit Services Business Activity index rebounded a bit in the month of October, indicating a slightly more rapid pace of growth....

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Economy

Asian Stocks Slide as Tech Selloff Deepens and US-Iran Conflict Escalates

Asian stock markets declined on Thursday as a continued selloff in technology shares and escalating tensions between the United States and Iran weighed heavily on investor sentiment. Regional equities followed Wall Street...

Trump Signals Opposition to USMCA Renewal as U.S. Reviews Trade Relations with Canada and Mexico

President Donald Trump indicated that he may not support renewing the United States-Mexico-Canada Agreement (USMCA), raising fresh uncertainty about the future of North American trade. Speaking at the White House on...

US Dollar Edges Higher as Inflation Data and Middle East Tensions Shape Market Sentiment

The U.S. dollar posted modest gains on Wednesday as investors weighed mixed signals from inflation data alongside escalating geopolitical tensions in the Middle East. The U.S. Dollar Index (DXY), which measures the...

Gold Prices Drop as Strong Dollar, Rising U.S.-Iran Tensions Weigh on Market Sentiment

Gold prices fell sharply on Wednesday, declining more than 4% as investors reacted to a stronger U.S. dollar, heightened geopolitical tensions in the Middle East, and changing expectations for Federal Reserve interest...

Oil Prices Surge Above $93 as Trump Escalates Iran Pressure and Strait of Hormuz Tensions Deepen

Global oil prices climbed sharply on Wednesday as U.S. President Donald Trump intensified pressure on Iran, raising concerns over prolonged disruptions in the Middle East and tightening global energy supplies. Brent crude...

Politics

Venezuela Deploys Troops to Crack Down on Illegal Gold Mining Amid Push for Foreign Investment

Venezuela has launched a military operation targeting illegal armed groups that control major gold mining areas in the countrys south, according to local residents and human rights organizations. The deployment is focused...

Peru Election Results Remain Uncertain as Tight Presidential Race Heads Toward Legal Review

Perus presidential election remains too close to call as vote counting entered its fourth day, with the outcome likely to be determined through a lengthy legal review of disputed ballots. Conservative candidate Keiko...

US Warns of More Strikes on Iran as Trump Pushes for Peace Deal

U.S. Defense Secretary Pete Hegseth has warned that American forces are prepared to carry out President Donald Trumps orders and launch additional strikes against Iran if necessary, signaling a potential escalation in...

US Launches New Strikes on Iran as Middle East Conflict Intensifies in 2026

The United States has launched a new wave of military strikes against Iran, marking a significant escalation in the ongoing Middle East conflict. According to U.S. Central Command (CENTCOM), the operation began at 5:15...

Florida Supreme Court Allows GOP Congressional Map to Stand Ahead of 2026 Midterm Elections

The Florida Supreme Court has ruled that a new Republican-backed congressional map will remain in place for the 2026 midterm elections, delivering a significant victory for the GOP as it seeks to maintain its narrow...

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

SK Hynix Stock Rebounds as AI Memory Chip Demand Fuels Expansion Plans

SK Hynix shares recovered from early losses on Thursday after reports revealed the companys ambitious plan to significantly expand its wafer production capacity over the next decade. The South Korean memory chip...

OpenAI May Slash AI Service Prices Amid Growing Rivalry With Anthropic

OpenAI is reportedly considering major price cuts for its artificial intelligence services as competition in the AI industry continues to intensify. According to a Wall Street Journal report citing sources familiar with...

Oracle Stock Falls Despite Earnings Beat as Company Plans $40 Billion Financing for FY2027

Oracle Corporation (NYSE: ORCL) delivered stronger-than-expected fiscal fourth-quarter 2026 results, surpassing Wall Street estimates on both earnings and revenue. Despite the positive performance and improved annual...

SpaceX IPO Demand Surges Past $250 Billion Ahead of Historic Market Debut

SpaceX, the aerospace company founded by Elon Musk, is attracting unprecedented investor interest ahead of what could become the largest initial public offering (IPO) in history. According to a Reuters report, investor...

Trump Administration Defends Anthropic AI Restrictions in Ongoing Federal Lawsuit

The Trump administration has defended its decision to restrict the use of Anthropics artificial intelligence products, arguing in a new court filing that the federal government acted lawfully after the AI company resisted...