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Thu, Jun 11, 2026 06:31 AM All times are UTC

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Turkish sectoral confidence indices rise sequentially in October

Oct 25, 2019 17:26 pm UTC| Commentary

Turkish sectoral confidence indices rose in October. On a seasonally adjusted basis, services confidence index rose 1.6 percent to 90.7 in October from Septembers 89.3. Within the services sector, demand-turnover...

German Ifo business climate index remains unchanged in October, GDP growth likely shrank in Q3

Oct 25, 2019 13:58 pm UTC| Commentary

German Ifo business climate moved sideways in October. However, in view of the volatility of the data, this is not yet a stabilization and certainly not a trend reversal, said Commerzbank in a research report. The...

U.S. Treasuries flat in muted session; next week’s FOMC rate cut eyed

Oct 25, 2019 12:08 pm UTC| Economy Commentary

The U.S. Treasuries traded nearly flat during early muted session on Friday as investors await next weeks FOMC monetary policy decision where the Federal Reserve is widely expected to lower its fed funds rate to 1.50-1.75...

Swedish retail sales continue on decent upward trend in September, household consumption to pick up

Oct 25, 2019 11:54 am UTC| Commentary

Swedish retail sales rose in September and continue to be on a decent upward trend. On a sequential basis, retail sales rose 0.3 percent, whereas it rose 2.6 percent on a year-on-year basis. Todays data is in line with...

UK debt yields rise on hopes for Brexit resolution, but market to eye EU summit

Oct 25, 2019 11:44 am UTC| Commentary Economy

The United Kingdoms gilts slumped during European trading hours Friday on hopes that the political uncertainty would resolve with a Brexit deal being approved. The yield on the benchmark 10-year gilts, rose 2-1/2 basis...

German bunds slip on profit booking; next week’s FOMC decision in focus

Oct 25, 2019 11:16 am UTC| Commentary Economy

The German bunds slipped during European session on Friday as investors cashed in profits after debt prices rose a week high. Also, higher than expected October business expectations pushed out traders from safe-haven...

Singapore’s industrial production surprises with 0.1 pct y/y growth in September

Oct 25, 2019 09:52 am UTC| Commentary Economy

Singapores industrial production surprised on the upside with a 0.1 percent y/y growth (+3.7 percent m/m sa) versus our forecast for a 2.6 percent y/y contraction (+4.7 percent m/m sa) and the Bloomberg consensus forecast...

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Economy

Changchun Targets EV Growth as China’s Auto Industry Consolidation Accelerates

Chinas northeastern city of Changchun, widely recognized as the home of FAW Group, is moving to transform its traditional automotive industry as the countrys electric vehicle (EV) market continues to evolve. The city has...

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...

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...