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Thu, May 07, 2026 06:03 AM All times are UTC

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S&P affirms U.S. 'AA+/A-1+' ratings following presidential election; outlook stable

Nov 10, 2016 16:45 pm UTC| Commentary

SP Global Ratings on Nov. 9, 2016, affirmed its AA+ long-term and A-1+ short-term unsolicited sovereign credit ratings on the United States of America. The outlook on the long-term rating remains stable. SP said that...

EU-Canada sign 'CETA', but future hangs in the balance as Holland demands referendum

Nov 10, 2016 16:27 pm UTC| Commentary

On 30 October the Canadian prime minister and representatives of the EU signed the Comprehensive Economic and Trade Agreement CETA in Brussels following seven years of tense talks. Canada sends 75 percent of all its...

Downside risk to oil prices if surplus persists in 2017 - IEA

Nov 10, 2016 15:35 pm UTC| Commentary

The Paris-based International Energy Agency (IEA) published its monthly report on oil markets this Thursday in which it warned of relentless growth in oil supply if the OPEC fails to reach an output cut deal at its Nov. 30...

Italy industrial production declines less than expected in September, augurs well for Q3 GDP

Nov 10, 2016 15:09 pm UTC| Commentary

Italian industrial production declined by less than expected in September, data released by national statistics institute ISTAT showed on Thursday. The seasonally adjusted industrial production index decreased by 0.8...

Japan's Lower House ratifies Trans-Pacific Partnership bill

Nov 10, 2016 14:32 pm UTC| Commentary

Japans Lower House of Representatives voted to ratify the Trans-Pacific Partnership (TPP) trade agreement and passed a related bill on Thursday. However, prospects for the ratification of the pact by the United States...

Canadian bonds slump following global debt market, 10-year yields hit highest since May

Nov 10, 2016 13:15 pm UTC| Commentary

The Canadian government bonds slumped Thursday following weakness in the global debt market. Also, 10-year bond yields hit highest since May this year. The yield on the benchmark 10-year bond, which moves inversely to...

Brazil retail sales sag for third straight month in September following weakness in labor market

Nov 10, 2016 13:03 pm UTC| Commentary Economy

Retail sales in Brazil continued to fall for the third straight month during the period of September, following weakness in the countrys labor market that is suffering the pain of continued unemployment that hurt consumer...

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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

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...

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...

Trump Pauses Strait of Hormuz Escort Plan After Saudi Backlash

U.S. President Donald Trump has reportedly paused Project Freedom, a proposed military operation aimed at escorting ships through the Strait of Hormuz, after facing strong opposition from Saudi Arabia and other Gulf...

Ukraine Accuses Russia of Violating Ceasefire Amid Fresh Drone and Missile Attacks

Ukraine has accused Russia of breaking a newly proposed ceasefire just hours after it came into effect at midnight on Wednesday, intensifying tensions in the ongoing Russia-Ukraine war. Ukrainian officials reported that...

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

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...

AMD Q1 Earnings Surge on AI Demand, Stock Jumps After Strong Guidance

AMD delivered stronger-than-expected first-quarter 2026 earnings, fueled by booming demand for artificial intelligence infrastructure and data center chips. The semiconductor giant reported adjusted earnings of $1.37 per...