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Fri, May 08, 2026 12:41 PM All times are UTC

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Euro area’s service sector output expands in January, PMI unchanged at 53.7

Feb 03, 2017 11:32 am UTC| Commentary

Euro areas service sector output expands for the 42nd consecutive month in January. The Markit Eurozone PMI Services Business Activity Index remained the same at 53.7 in January from Decembers print. It came in slightly...

German service sector growth decelerates for second consecutive month in January

Feb 03, 2017 11:17 am UTC| Commentary

German services sector growth slows down for the second consecutive month in January. The final seasonally adjusted Markit Germany Services PMI Business Activity Index dropped to 53.4 in January from 54.3 in December. It...

Norway’s seasonally adjusted unemployment drops in January

Feb 03, 2017 11:17 am UTC| Commentary

Norwegian unemployment dropped in January. The jobless figures for January in Norway came in on the Norges Banks forecasts strong side again. On a seasonally adjusted basis, unemployment dropped by 1100 people. The central...

Reuters shows light in dark days for journalism

Feb 03, 2017 10:38 am UTC| Commentary

Remember those dumbfounded reactions from the mainstream media on November 8th, when Donald Trump proved the world of liberals wrong and won the US election. It is also the day, when those media people went completely out...

UK gilts plunge on increasing risk appetite of investors

Feb 03, 2017 10:26 am UTC| Commentary

The UK gilts plunged Friday shifted from safe-haven assets towards riskier assets including equities and crude oil. The yield on the benchmark 10-year gilts, which moves inversely to its price, rose 1-1/2 basis points...

Singapore’s private sector grows modestly in January, outlook sentiment negative on slowing economic conditions

Feb 03, 2017 09:20 am UTC| Commentary

Singaporean economys PMI dropped to 51.6 in January from 52 in December. This is the slowest reading in three months and a decline from 52.5 one year ago. However, it remained above the 50.00 mark that distinguishes the...

USD/TWD likely to recover technically in coming sessions, says Scotiabank

Feb 03, 2017 09:19 am UTC| Commentary

The Taiwanese dollar has gained from equity inflows due to TWSE indexs attractive estimated dividend yield for coming 12 months. Year-to-date, the Taiwanese dollar has gained 3.75 percent against the U.S. dollar,...

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Economy

China Export Growth Surges in April as Global Buyers Rush to Secure Supplies

Chinas export growth likely accelerated sharply in April as overseas companies increased orders to secure manufacturing supplies amid concerns that the ongoing Iran conflict could drive global production and shipping costs...

Japan’s Yen Intervention and BOJ Rate Hike Bets Support Currency Recovery

Japan reportedly intervened in the foreign exchange market during the Golden Week holidays in early May to stabilize the yen and curb speculative trading, according to Reuters. The move came after the USD/JPY exchange rate...

Lula and Trump Talks Signal New Phase in Brazil-US Relations

Brazilian President Luiz Inacio Lula da Silva said his lengthy White House meeting with U.S. President Donald Trump helped stabilize Brazil-US relations after months of tension linked to trade tariffs and political...

U.S.-China Beef Trade Deal Hopes Rise Ahead of Trump-Xi Summit

U.S. beef producers are pushing for renewed access to the Chinese market ahead of the May 14-15 summit between U.S. President Donald Trump and Chinese President Xi Jinping. American exporters hope the meeting will lead to...

Asian Currencies Slip as US Dollar Gains on Rising Iran Tensions and Awaited Jobs Data

Asian currencies mostly weakened on Friday while the U.S. dollar moved higher as investors reacted to renewed tensions between the United States and Iran, alongside expectations surrounding the upcoming U.S. nonfarm...

Politics

Trump Inspects Lincoln Memorial Reflecting Pool Renovation in Washington

U.S. President Donald Trump made a surprise visit Thursday to review renovations at the Lincoln Memorial reflecting pool, highlighting one of several major projects aimed at reshaping Washington, D.C. The restoration...

Judge Rules DOGE Humanities Grant Cuts Unconstitutional

A federal judge has ruled that the Trump administrations termination of hundreds of humanities grants through the Department of Government Efficiency (DOGE) was unconstitutional and discriminatory. The decision marks a...

Australia’s Wealthy Donors Shift Support to One Nation Amid Conservative Party Decline

Australias political landscape is undergoing a dramatic transformation as wealthy donors increasingly abandon the conservative Liberal Party in favor of Pauline Hansons populist One Nation party. The shift comes after the...

Trump Invites Top CEOs Including Nvidia, Apple, Boeing to China Summit With Xi Jinping

The Trump administration has reportedly invited executives from some of Americas largest corporations to join President Donald Trump on his upcoming trip to China next week, according to a Semafor report. The visit is...

Vietnam Plans AI-Driven Propaganda Push With Influencers and Podcasts

Vietnams Communist Party is preparing a major overhaul of its propaganda strategy by recruiting social media influencers and artificial intelligence experts to strengthen control over online narratives and public opinion....

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

CoreWeave Q1 2026 Revenue Surges as AI Infrastructure Demand Grows

CoreWeave reported mixed first-quarter 2026 earnings on Thursday, posting massive revenue growth driven by rising demand for artificial intelligence infrastructure, while widening losses reflected aggressive expansion...

AWS Data Center Overheating Disrupts Cloud Services in Northern Virginia

Amazon Web Services (AWS), the cloud computing division of Amazon, announced Thursday that it is actively working to restore normal operations after overheating issues at one of its Northern Virginia data centers caused...

Japan Tech Stocks Surge as AI Optimism Lifts SoftBank, Chipmakers

Japanese technology and semiconductor stocks rallied sharply on Thursday, driven by growing global optimism surrounding artificial intelligence and strong momentum in the AI chip sector. The surge followed impressive...

U.S.-China AI Talks May Take Center Stage at Trump-Xi Summit

The United States and China are reportedly exploring the possibility of launching formal discussions on artificial intelligence, according to a Wall Street Journal report published Wednesday. The talks could become a major...

Arm Stock Drops Despite Strong AI Chip Demand and Earnings Beat

Arm Holdings delivered stronger-than-expected quarterly earnings and revenue, driven by rising demand for artificial intelligence data center chips. However, despite the positive results, Arm stock reversed early gains in...