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Thu, Jun 11, 2026 02:22 PM All times are UTC

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Canadian retail sales remain unchanged in June, household debt levels likely to dampen consumer spending growth

Aug 23, 2019 14:11 pm UTC| Commentary

Canadas retail sales stayed almost the same in June. Sequentially, retail sales remained almost unchanged, following a 0.2 percent fall in May. The release came above consensus expectations of a fall of 0.3 percent. In...

New Zealand retail sales volumes rise slightly below expectations in Q2 2019

Aug 23, 2019 13:03 pm UTC| Commentary

New Zealand retail sales volumes rose in the second quarter, rising 0.2 percent quarter-on-quarter. This was below market expectations of 0.3 percent. On a year-on-year basis, retail sales eased to 2.9 percent. Core retail...

FxWirePro: Asian markets mixed, gold stabilizes below $1,500 mark

Aug 23, 2019 05:02 am UTC| Commentary

All the major Asian indices were trading on a mixed note on Friday. Gold was trading around $1,494 mark while silver was trading around $16.97 mark. Japans Nikkei was trading 0.25 pct higher at 20,680.50...

Norwegian Q3 oil investment show solid growth in oil investment in 2019 and moderate in 2020

Aug 22, 2019 16:54 pm UTC| Commentary

The Norwegian third quarter oil investment survey indicates towards solid oil investment growth this year and about flat in 2020. This is close to Norges Banks view. The third quarter oil investment surveys 2019 figures...

Swedish jobless rate rises above expectations in July, employment rate falls

Aug 22, 2019 14:19 pm UTC| Commentary

Swedish jobless rate, on a seasonally adjusted basis, came in at 7.1 percent in July, much higher than anticipated. Employment dropped on the month by 0.7 percent sequentially and fell 0.8 percent year-on-year. The...

Euro area’s flash PMIs rebound mildly in August, but economy remains weak

Aug 22, 2019 12:28 pm UTC| Commentary

The recovery in the euro area PMIs was mildly positive news; however, the details continue to be worrying. The economy is quite weak to generate significant inflation pressures, which means the ECB needs to do more. The...

Bank Indonesia cuts policy rate by 25 bps, likely to further lower rate by 50 bps by end-2019

Aug 22, 2019 11:30 am UTC| Commentary Central Banks

Bank Indonesia lowered its 7-day reverse repo rate today by 25 basis points to 5.50 percent, marking the second consecutive month it cut its policy rate. In spite of the rise in the USD/IDR in recent weeks, the central...

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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...