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Australian housing approvals rise sharply in September, residential investment recovery likely in H2 2020

Oct 31, 2019 05:23 am UTC| Commentary

Australian housing approvals rose sharply in the month of September after a surge in approvals for units and decent rise for houses. Residential building approvals rose 7.6 percent sequentially in the month, following a...

Australian bonds slip in muted trading session as investors shrug-off Fed rate cut

Oct 31, 2019 04:21 am UTC| Commentary Economy

The Australian government bonds slipped during Asian session Thursday amid a muted trading day that witnessed data of little economic significance as investors shrugged-off the 25bp interest rate cut by the Federal Reserve...

U.S. Treasuries jump after Q3 GDP marginally slows; Fed rate cut keep yields subdued

Oct 30, 2019 14:36 pm UTC| Commentary Economy

The U.S. Treasuries jumped during Wednesdays evening session after the countrys third-quarter gross domestic product (GDP) marginally slowed, albeit keeping hopes alive, ahead of market expectations. Also, the ADP...

Hong Kong economic growth likely contracted in Q3 2019, retail sales to have dropped further in September

Oct 30, 2019 13:25 pm UTC| Commentary

Hong Kong economic growth data for the third quarter is scheduled to release tomorrow. According to a DBS Bank research report, the Hong Kong economy is likely to have entered a technical recession, with the GDP growth...

Chinese manufacturing PMI index likely to have rebounded in October

Oct 30, 2019 12:55 pm UTC| Commentary

Chinese manufacturing PMI data is set to release tomorrow. According to a DBS Bank research report, the manufacturing PMI is expected to have rebounded to 50 in October from Septembers 49.8. On the domestic front, there...

German jobless rate remains stable in October, employment likely to rise but progress to become difficult

Oct 30, 2019 12:46 pm UTC| Commentary

The German labor market continues to be resilient to the downturn of the economy. The labor market data published today remain almost the same as they have been in the previous months, noted Commerzbank in a research...

UK gilts gain ahead of October manufacturing PMI amid Brexit hassles

Oct 30, 2019 12:04 pm UTC| Commentary Economy

The United Kingdoms gilts gained during European trading hours Wednesday ahead of the countrys manufacturing PMI for the month of October amid ongoing Brexit hassles and extension of divorce deadline to January 31,...

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Economy

Bank of America Predicts Yen Rebound as USD/JPY Faces Risks

The Japanese yens prolonged depreciation has been driven entirely by offshore trading activity since 2025, according to Bank of America (BofA), highlighting a significant shift in global foreign exchange market dynamics....

Deutsche Bank CEO Urges Faster German Economic Reforms

Deutsche Bank CEO Christian Sewing has urged the German government to accelerate economic reforms, warning that slow implementation and political compromises could weaken Germanys competitiveness and long-term growth...

Trump Calls for Zelenskyy Replacement Amid Russian Diesel Deal

US President Donald Trump has called for Ukraine to replace President Volodymyr Zelenskyy, deepening tensions between Washington and Kyiv over a controversial agreement allowing Russian diesel exports to global markets....

Trump Secures Russian Diesel Deal as US Fuel Prices Surge

US President Donald Trump announced Friday that Russia had agreed to immediately supply diesel to American and global markets, aiming to ease soaring fuel prices ahead of the November 3 midterm elections. However, energy...

Gold Prices Hit One-Week High as Oil Falls, Fed Rate Outlook Weighed

Gold prices climbed for a second consecutive session on Friday, reaching a one-week high as declining oil prices strengthened demand for the precious metal. Investors also assessed the Federal Reserves interest rate...

Politics

Flydubai Co-Pilot Planned Suicide Attack on Israel Airport, UAE Says

An Omani flydubai co-pilot allegedly planned to hijack a Dubai-Tel Aviv flight and crash the aircraft into a terminal at Israels Ben Gurion Airport in a suicide attack on September 30, according to UAE prosecutors. UAE...

Trump Sanctions International Criminal Court, Sparking EU Backlash

US President Donald Trumps administration imposed sweeping sanctions on the International Criminal Court (ICC) on Friday, escalating tensions with European allies and raising concerns over the future of international...

JD Vance Questions Pentagon Plan to Livestream Fort Hood Shooter’s Execution

US Vice President JD Vance expressed uncertainty Friday over the Pentagons controversial plan to livestream the execution of Nidal Hasan, the former Army psychiatrist convicted of killing 13 people in the 2009 Fort Hood...

Trump Cancels Alabama Football Trip as Hurricane Isaias Approaches

US President Donald Trump canceled his planned visit to Alabama on Saturday to attend a highly anticipated college football game between Georgia and Alabama, citing safety concerns as Hurricane Isaias approaches the Gulf...

Zelenskiy Slams US-Russia Diesel Deal as Funding War

Ukrainian President Volodymyr Zelenskiy has strongly criticized a new US-Russia diesel supply agreement, warning that the deal could provide Moscow with additional financial resources to sustain its ongoing war against...

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 Supplier Luxshare Sees Limited Impact From US Patent Probe

Chinese electronics manufacturer Luxshare Precision Industry expects minimal disruption to its business from a US patent infringement investigation involving power supply technology used in data centres. In a stock...

Elon Musk Eyes Semiconductor Manufacturing Expansion With $15 Billion Terrafab Project

Elon Musk believes his companies could eventually outperform established semiconductor manufacturers by developing more efficient chip production methods, although he cautioned that achieving this ambition could take...

Robinhood Chain Eyes Priority Gas Auctions for Faster Trades

Robinhood Chain, the Ethereum Layer-2 blockchain designed for tokenized real-world assets (RWAs), is reportedly considering a new transaction-ordering system that would allow traders to pay additional fees for faster trade...

Zcash Plans Quantum-Resistant Security Upgrade for January

Zcash (ZEC) developers are preparing to introduce quantum-resistant security features in January 2027, aiming to protect cryptocurrency wallets against potential threats from advanced quantum computing and artificial...

Apple Cuts iPhone 18 Pro Production Orders Amid Weak Demand

Apple Inc. (NASDAQ: AAPL) has reportedly instructed several suppliers to reduce component production for its newly released iPhone 18 Pro and iPhone 18 Pro Max, signaling potential challenges for the companys latest...
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