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Thu, Jun 11, 2026 01:13 PM All times are UTC

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U.S. second estimate Q2 GDP growth slightly revised down to 2 pct

Aug 29, 2019 17:05 pm UTC| Commentary

The revisions to U.S. real GDP growth in the second quarter were quite minimal. The economic growth was downwardly revised by one tick to 2 percent from 2.1 percent in the advance estimate, resulting from an upward...

German headline inflation rate eases in August, likely to pick up in long-term

Aug 29, 2019 14:14 pm UTC| Commentary

German inflation rate dropped more strongly than anticipated in August. On a year-on-year basis, the headline inflation slowed to 1.4 percent in August from Julys 1.7 percent, owing to slower rise in energy prices. Energy...

Swedish economic sentiment indicator falls further in August, GDP likely to drop in coming quarter

Aug 29, 2019 13:02 pm UTC| Commentary

The Swedish economic sentiment indicator (ESI) dropped further in the month of August. The index fell to 94.9, much below its historical average. The indicator has dropped for four straight months. The consumer sentiment...

Italian industrial turnover and order indices fall in June

Aug 29, 2019 12:21 pm UTC| Commentary

Italian seasonally adjusted industrial turnover index dropped 0.5 percent sequentially in June. The domestic market index dropped 1.2 percent, while the non-domestic market index rose 0.5 percent. In the second quarter,...

U.S. Treasuries plunge ahead of Q2 GDP, 7-year auction

Aug 29, 2019 12:15 pm UTC| Commentary Economy

The U.S. Treasuries plunged during Thursdays afternoon session ahead of the countrys gross domestic product (GDP) for the second quarter of this year, scheduled to be released today by 12:30GMT, besides, the 7-year...

Norwegian economic growth recovers in Q2 2019, Norges Bank likely to hike rates in September

Aug 29, 2019 11:51 am UTC| Commentary

Norwegian economic growth recovered in the second quarter as expected following the temporary weak first quarter. This underpins Norges Banks view for a September hike. The mainland GDP grew 0.7 percent, close to consensus...

German bunds suffer despite disappointment in August unemployment; eurozone CPI in focus

Aug 29, 2019 09:53 am UTC| Commentary Economy

The German bunds suffered during European trading session Thursday even as the countrys unemployment data for the month of August disappointed market sentiments. However, investors shall now eye the eurozones consumer...

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Economy

Kremlin Says New EU Sanctions Won’t Hurt Russian Banks

The Kremlin has dismissed concerns over the European Unions latest sanctions proposal, stating that additional restrictions on Russian banks are unlikely to disrupt the countrys financial sector or reduce bank...

Pakistan Economy Grows 3.7% in FY2026 Amid Strong Fiscal Performance

Pakistans economy is projected to expand by 3.7% in the fiscal year ending June 2026, according to the countrys annual economic survey released on Thursday. The report highlights improving macroeconomic indicators, lower...

European Stocks Rise Ahead of ECB Rate Decision as Investors Buy the Dip

European stocks moved higher on Thursday as investors returned to the market to buy undervalued shares following several weeks of pressure caused by persistent higher-for-longer interest rate expectations. Market...

US Stock Futures Rally as U.S.-Iran Peace Talks Boost Market Sentiment Despite Ongoing Strikes

U.S. stock index futures climbed sharply on Thursday as reports of ongoing peace negotiations between the United States and Iran helped ease investor concerns over escalating Middle East tensions. The positive developments...

ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns

The European Central Bank (ECB) is expected to end its year-long pause on interest rate increases this Thursday, signaling a more hawkish stance as rising energy costs and persistent inflation continue to challenge the...

Politics

Xi’s North Korea Visit Strengthens Ties and Elevates Kim Jong Un’s Global Standing

Chinese President Xi Jinpings recent two-day visit to North Korea marked a significant diplomatic milestone, with both Beijing and Pyongyang portraying the trip as a major success. The visit reinforced the growing...

U.S.-Iran Peace Talks Continue Despite Escalating Military Strikes

The United States and Iran continued negotiations over a potential peace agreement overnight, even as both countries exchanged military strikes for a second consecutive day, according to reports from CNN and Reuters....

FBI Faces Historic Security Challenge Ahead of 2026 FIFA World Cup

The FBI is preparing for what Director Kash Patel describes as one of the largest security operations in U.S. history as the 2026 FIFA World Cup kicks off. With 48 teams, 36 base camps, 11 stadiums, and an estimated 3...

G7 Summit 2026 to Focus on Middle East Conflicts, Ukraine War, and Global Economic Challenges

The upcoming G7 Summit, scheduled for June 1517 in Evian-les-Bains, France, is expected to be dominated by discussions on the wars in the Middle East and Ukraine, as leaders seek to maintain unity amid growing geopolitical...

Keiko Fujimori Narrowly Leads Peru Presidential Election as Overseas Votes Shift Race

Keiko Fujimori has regained a razor-thin lead in Perus closely contested presidential election, as overseas ballots pushed the conservative candidate ahead of her leftist rival Roberto Sanchez in one of the tightest races...

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...