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Asian markets mixed, gold stabilizes above $1,211 mark

Nov 15, 2016 04:37 am UTC| Commentary

All the Asian indices were trading on a mixed note on Tuesday. On the other side, gold and silver were marginally higher in early hours of Asia. Gold was trading around $1,224 mark and silver was trading around $17.01...

Better inflation recovery necessary for the Riksbank to turn hawkish

Nov 14, 2016 17:22 pm UTC| Commentary

Sweden inflation data are due out (Tuesday, 09:30 CET) and expectations are for the outcome to come in just a tad below what the Riksbank is estimating. A weakening of the Swedish crown since the latest rate decision is...

UK's Hammond may provide market-positive headlines on infrastructure spending at Autumn Statement

Nov 14, 2016 16:04 pm UTC| Commentary

UK Chancellor Philip Hammond is set to deliver his first Autumn Statement on November 23. It is the Chancellors first opportunity to outline his priorities for taxes and spending in the wake of the Brexit vote. UKs...

Outlook for global sovereigns negative in 2017 - Moody's

Nov 14, 2016 15:38 pm UTC| Commentary

The US-based credit ratings agency, Moodys Investors Service in their latest report on the global growth outlook published on Monday said that the outlook for sovereign ratings globally for the coming 12 to 18 months is...

Low EU-funded investments likely to keep slow pace of growth in CEE region

Nov 14, 2016 15:07 pm UTC| Commentary

Third quarter GDP growth numbers from the CEE region are scheduled for release this week and the slow pace of EU fund inflows is likely to weigh on growth numbers in many countries. High-frequency indicators show a mixed...

Switzerland's producer price inflation rises less-than-expected in September

Nov 14, 2016 14:33 pm UTC| Commentary

In a report, Switzerlands Federal Statistical Office said that producer price inflation in Switzerland rose less-than-expected in September. The index has been falling since October 2013. Data released on Monday showed...

Chart of the Day Series

Chart of the Day: Stress in UK property market

Nov 14, 2016 13:57 pm UTC| Commentary Economy

This chart shared by Financial Times from Rightmove property survey shows that since the referendum took place in June, the asking prices in the property market declined in three of the five months. in July report, it...

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Economy

Iran-U.S. Peace Deal Near as Oil Prices Fall and Nuclear Disputes Persist

Iran said it is reviewing a new U.S. peace proposal aimed at ending the ongoing conflict between Washington and Tehran, while major disagreements over Irans nuclear program and the Strait of Hormuz remain unresolved. The...

Trump-Xi Meeting 2026: U.S.-China Trade Tensions Escalate Ahead of Beijing Summit

U.S. President Donald Trump is expected to meet Chinese President Xi Jinping in May 2026 during his first trip to China in eight years, as tensions between the worlds two largest economies continue to reshape global trade,...

Asian Stocks Rally as Japan’s Nikkei Hits Record High on U.S.-Iran Peace Optimism

Asian stock markets surged on Thursday, led by Japanese equities as investors reacted positively to signs of easing tensions between the United States and Iran. Growing optimism surrounding a possible U.S.-Iran peace...

Gold Prices Rise as Weaker Dollar and U.S.-Iran Peace Hopes Boost Demand

Gold prices moved higher during Asian trading on Thursday after recording their strongest daily gain since March, supported by a weaker U.S. dollar and easing concerns over inflation linked to Middle East tensions....

Oil Prices Rebound Slightly After Sharp Drop on Iran Deal Hopes

Oil prices moved modestly higher during Asian trading on Thursday after suffering a steep decline of more than 7% in the previous session. Investors continued to monitor developments surrounding a possible U.S.-Iran...

Politics

Israel Strikes Beirut Amid Fragile Hezbollah Ceasefire Tensions

Israel carried out an airstrike on Beirut on Wednesday, marking the first attack on the Lebanese capital since last months ceasefire agreement with Hezbollah. According to Israeli officials, the strike targeted a commander...

Trump-Xi Beijing Summit Sparks Taiwan Concerns Amid U.S.-China Tensions

Taiwan is closely monitoring next weeks meeting between U.S. President Donald Trump and Chinese President Xi Jinping in Beijing, amid concerns that China could attempt diplomatic manoeuvring over the Taiwan issue....

Rubio Meets Pope Leo Amid Trump-Vatican Tensions Over Iran War

U.S. Secretary of State Marco Rubio is set to meet Pope Leo at the Vatican on Thursday during a high-profile discussion expected to address growing tensions between the Trump administration and the Catholic Church over the...

Trump DOJ Challenges Colorado’s Large-Capacity Magazine Ban in Second Amendment Lawsuit

The Trump administration has filed a lawsuit against Colorado over its long-standing ban on large-capacity firearm magazines, escalating the national debate over gun rights and gun control laws in the United States. The...

Israel Airstrikes in Gaza Wound Son of Hamas Negotiator Amid Fragile Ceasefire Talks

Israeli airstrikes across Gaza on Wednesday critically wounded Azzam Al-Hayya, the son of senior Hamas negotiator Khalil Al-Hayya, according to Hamas officials and local medics. The strike in Gaza City also killed another...

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

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 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

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...

Hua Hong Semiconductor Stock Surges to Multi-Year High Amid AI Boom

Hua Hong Semiconductor shares soared on Wednesday as investors rushed into technology stocks fueled by strong artificial intelligence momentum and improving confidence in Chinas economy. The Hong Kong-listed chipmaker...

Infineon Raises 2026 Outlook as AI Data Center Chip Demand Surges

Infineon Technologies (ETR: IFXGn) raised its fiscal 2026 revenue growth forecast on Wednesday, citing booming demand for AI data center power chips despite continued weakness in the electric vehicle semiconductor market....

BHP Attracts AI-Focused Investors as Copper Demand Surges

BHP Group is drawing growing attention from international investors as the global artificial intelligence boom increases the value of copper, according to Chief Financial Officer Vandita Pant. Speaking at the Macquarie...
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