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Tue, Aug 18, 2026 01:02 AM All times are UTC

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Most Asian markets in red, gold stabilizes below $1,270

Apr 27, 2017 04:57 am UTC| Commentary

All the major Asian indices were trading on a lower note on Thursday. Gold was trading around $1,266 mark while silver was trading around $17.46 mark. Japans Nikkei was trading around 0.15 percent lower at 19,260...

Australian bonds jump on safe-haven demand; investors eye RBA Governor Lowe’s speech

Apr 27, 2017 04:54 am UTC| Commentary Economy

The Australian government bonds jumped Thursday as investors poured into safe-haven assets post the unveiling of the United States tax reform by President Donald Trump on Wednesday. Also, investors are eyeing the Reserve...

South Korea’s real GDP grows above forecast in Q1 2017

Apr 26, 2017 23:22 pm UTC| Commentary

The South Korean economic growth accelerated in the first quarter of 2017, the advanced estimate of the Bank of Korea showed. The preliminary data for the first quarter indicated that the real GDP grew 0.9 percent on a...

New Zealand likely to see decent migrant arrivals figures in coming months, says ANZ

Apr 26, 2017 23:03 pm UTC| Commentary Economy

Monthly net migrant arrivals to New Zealand remained strong in March near all-time highs. This scenario is unlikely to change much for some time, noted ANZ in a research report. Even if migration is increasingly in...

Central Banking Series

PBoC likely to tighten monetary conditions slightly in 2017, inflation to reach 2.2 pct

Apr 26, 2017 22:44 pm UTC| Commentary

The Peoples Bank of China has committed to keep a prudent monetary policy stance this year, continuing to fine-tune monetary conditions with targeted policy measures. Deleveraging continues to be a main priority for Chinas...

New Zealand’s jobless rate likely to have dropped to 5.1 pct in Q1 2017 - ANZ

Apr 26, 2017 22:27 pm UTC| Commentary

New Zealands March labor market data might give a strong picture overall. According to an ANZ research report, the fourth quarters unexpected figures might reverse partially, thus indicating towards a tightening labor...

South African producer price index falls year-on-year in March

Apr 26, 2017 22:09 pm UTC| Commentary

South Africas producer price index for the month of March dropped to 5.2 percent year-on-year from Februarys 5.6 percent. On a sequential basis, the PPI for final manufactured goods rose 0.3 percent, as compared with the...

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Economy

US Eyes Refinery Boost as Trump Seeks Relief From High Gas Prices

U.S. Energy Secretary Chris Wright said Washington is preparing measures to help refiners increase fuel production as the Trump administration looks for ways to bring down gasoline prices following the U.S.-Israeli war on...

Canada Faces 50% U.S. Tariffs as Trade Tensions Threaten USMCA Talks

Canada is bracing for a new wave of 50% U.S. tariffs this week, raising concerns over job losses, weaker investment and fresh uncertainty surrounding the U.S.-Mexico-Canada Agreement (USMCA). U.S. President Donald Trump...

Wall Street Falls as Oil Prices Rise, Fed Minutes and Retail Earnings in Focus

Wall Street closed lower Monday as investors stepped back following a record-setting week, while rising oil prices and persistent Middle East tensions weighed on market sentiment. The SP 500 fell 0.5% to 7,748.14, the...

Citadel Warns High Treasury Yields Pose Broader Market Risks

The Federal Reserves monetary policy strategy following the recent inflation surge is helping keep long-term US Treasury yields near multiyear highs, potentially creating wider risks across financial markets, according to...

Oil Prices Rise as U.S.-Iran Tensions Grip Strait of Hormuz

Oil prices extended their gains Monday as escalating U.S.-Iran tensions over the Strait of Hormuz fueled concerns about global energy supplies and shipping disruptions. Brent crude futures for October delivery rose 2.5% to...

Politics

Trump Says Kim Jong Un Responded to Outreach After US Scales Back South Korea Military Drills

U.S. President Donald Trump said Monday that North Korean leader Kim Jong Un has responded to his recent outreach, signaling renewed communication between the two leaders as Washington moves to reduce joint military...

Trump Says Iran Should Surrender as Nuclear Deal Talks Stall

U.S. President Donald Trump said Monday that Iran is unlikely to accept the agreement he considers necessary to end the war with the United States, insisting Tehran must surrender and abandon any path toward developing a...

Gérald Darmanin Backs Édouard Philippe for 2027 French Presidential Election

French Justice Minister Gérald Darmanin has thrown his support behind former Prime Minister Édouard Philippe for Frances 2027 presidential election, ruling out a potential bid of his own as the countrys...

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...

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

BofA Sees Micron EPS Topping $230 by 2030, Backs Major Stock Upside

Bank of America expects Micron Technology (NASDAQ: MU) to deliver more than $230 in earnings per share by fiscal 2030, significantly above Wall Streets current peak estimates, as artificial intelligence demand reshapes the...

Anthropic Revenue Run Rate Hits $65 Billion as IPO Plans Accelerate

Anthropics annual revenue run rate surpassed $65 billion by the end of July, highlighting the artificial intelligence startups rapid expansion as it prepares for a potential initial public offering later this year. The...

Google to Buy Spirit Airlines Business Data for $10 Million to Train AI

Google, a subsidiary of Alphabet, has agreed to acquire internal business data from bankrupt Spirit Airlines for $10 million, with plans to use the information for product development and artificial intelligence training....

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...