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Global Geopolitics Series

Global Geo-political Series: North Korea defies global pressure to test fire missile on Sunday

May 15, 2017 07:46 am UTC| Commentary

North Korea conducted its latest weapon test on Sunday, defying global pressure from geopolitical powers like the United States, Russia, and China. The test comes amid global pressure on North Korea to reign on its nuclear...

Global Geopolitics Series

Global Geo-political Series: NSA in spotlight after massive ransom ware attack across globe

May 15, 2017 07:25 am UTC| Commentary

United States National Security Agency (NSA) came under the global spotlight after unknown numbers of cyber attackers launched a global ransomware attack on Friday using one of its stolen tool named Eternal Blue that uses...

Bank Indonesia likely to hold policy rate steady this week until stronger data is out, says DBS Bank

May 15, 2017 06:53 am UTC| Commentary Central Banks Economy

Bank Indonesia (BI) is widely expected to hold its policy rate steady this week as there is no compelling reason to trim its policy rate further at this point. Inflation is already back above 4 percent y/y and the upward...

New Zealand close higher despite rise in Q1 retail sales; market eyes GDT price auction

May 15, 2017 06:06 am UTC| Commentary Economy

The New Zealand bonds closed higher Monday despite a rise in the countrys retail sales for the first quarter of this year. Further, investors are closely eyeing the GlobalDairyTrade (GDT) price auction, scheduled to be...

German Election: Another decisive victory for Merkel on Sunday’s regional election

May 15, 2017 05:59 am UTC| Commentary

German Chancellor Angela Merkels Christian Democratic Union (CDU) won a decisive and a surprise victory on Sunday in a regional election in Germanys most populous state, which is sure to give a morale boost ahead of...

Oil in Global Economy Series

Oil in Global Economy Series: Oil jumps after Saudi Arabia and Russia agrees to deal extension

May 15, 2017 05:33 am UTC| Commentary

Saudi Arabias oil minister Khalid al-Falih and the Russian energy minister Alexander Novak announced on Monday that the two of the biggest oil exporters in the world have agreed that the current supply reduction deal,...

Australian bonds hop tracking strength in U.S. Treasuries post weaker-than-expected April CPI; RBA minutes in focus

May 15, 2017 05:19 am UTC| Commentary Economy

The Australian government bonds hopped on the first trading day of the week, tracking strength in its United States counterpart, after reading a set of weaker-than-expected economic data for the month of April, released...

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Economy

US Stock Futures Mixed as Fed Rate Hike Bets Fade, AI Deals in Focus

U.S. stock futures traded mixed Monday as investors reassessed the Federal Reserve interest rate outlook and prepared for major retail earnings, while developments involving Anthropic, Nvidia and the Strait of Hormuz also...

European Stocks Edge Higher as Fed Rate Pause Bets Rise

European equities moved modestly higher on Monday as falling government bond yields and a weaker U.S. dollar supported investor sentiment. Markets are increasingly betting that the Federal Reserve will keep interest rates...

US Dollar Slips as Soft Economic Data Eases Fed Rate Hike Expectations

The U.S. dollar weakened on Monday as softer economic indicators reduced expectations that the Federal Reserve will raise interest rates again in the near term, while the Japanese yen gained modestly despite disappointing...

Malaysia Inflation Eases to 1.8% in July, Below Forecast

Malaysias inflation rate moderated slightly in July, with consumer prices rising 1.8% from a year earlier, according to government data released on Monday. The latest increase in Malaysias Consumer Price Index (CPI) came...

BSP Sees Philippine Inflation Easing, Keeps Policy Options Open

The Bangko Sentral ng Pilipinas (BSP) expects inflation in the Philippines to gradually ease over the medium term, although risks to consumer prices remain tilted to the upside, central bank Governor Eli Remolona said on...

Politics

Russia-Ukraine Drone Attacks Escalate as Strikes Hit Moscow, Kyiv and Romania

Russia and Ukraine exchanged major missile and drone attacks overnight, leaving several people dead and damaging industrial and commercial facilities as the war continues to intensify. Russian forces struck ArcelorMittal...

US CENTCOM Chief Praises USS Abraham Lincoln Crew Amid Mental Health Concerns

U.S. Central Command chief Admiral Brad Cooper praised the crew of the USS Abraham Lincoln following a recent visit to the aircraft carrier, describing their performance and resilience as awe-inspiring amid growing...

Lula Targets Brazil’s Gig Workers as Reelection Battle Takes Shape

Brazilian President Luiz Inácio Lula da Silva launched his final reelection campaign on Sunday in Sao Bernardo do Campo, returning to the stadium where his rise as a labor leader began nearly five decades ago....

Trump Envoys Hold Gaza Peace Talks in Cairo as Israeli Strikes Continue

U.S. President Donald Trumps envoys held talks with Egyptian, Qatari and Turkish mediators in Cairo on Sunday as diplomatic efforts intensified to advance Washingtons Gaza peace plan while Israeli airstrikes continued...

Migrants in Spain’s Ceuta Protest for Asylum, Refuse Return to Morocco

Hundreds of migrants in Spains North African enclave of Ceuta gathered on a popular urban beach on Sunday, calling on Spanish authorities to grant them asylum rather than return them to Morocco. The protesters are among an...

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

Alphabet Eyes First Australian Dollar Bond as AI Spending Drives Funding Push

Alphabet, the parent company of Google, is preparing for its first-ever Australian dollar bond issuance as the U.S. technology giant explores new funding sources amid rapidly rising artificial intelligence investment. The...

Alibaba Sells Lingxi Games for Over $1.5 Billion Amid AI Push

Alibaba Group is reportedly selling its gaming subsidiary Lingxi Games in a transaction that could value the Chinese video game studio at more than $1.5 billion, as the technology giant redirects resources toward...

Nvidia’s $500 Billion AI Infrastructure Push Wins Morgan Stanley Support

Nvidia is doubling down on the artificial intelligence infrastructure boom with a plan to help mobilize as much as $500 billion in third-party capital, drawing participation from major financial firms including Apollo,...

Alphabet Shifts AI Strategy Toward Commercial Growth, Goldman Sachs Says

Alphabet is increasingly shifting its artificial intelligence strategy toward commercialization, scale and long-term revenue growth, according to Goldman Sachs analysts. The investment bank said recent management changes,...

Nvidia Eyes $3 Billion Investment in SoftBank-Backed AI Data Center

Nvidia is reportedly in discussions to invest up to $3 billion in SB Energy, a SoftBank Group-backed company developing a major AI data center campus in Ohio for OpenAI. According to a report by The Information, the...