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Thu, May 07, 2026 12:48 AM All times are UTC

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European Commission’s confidence survey likely remained strong in October

Oct 27, 2016 05:15 am UTC| Commentary

The European Commissions confidence survey for the month of October is expected to have remained strong. According to a Societe Generale report, the numbers are likely to have stayed firm with the headline economic...

China industrial profits slow in September, signals growing pessimism in business activity

Oct 27, 2016 05:04 am UTC| Commentary Economy

Industrial profits in China slowed during the month of September, showing signs of growing pessimism in the business activity of the worlds second-largest economy. However, profits rose on a yearly basis, owing to aboost...

U.S. home sales rise below expectations in September, housing market’s underlying momentum remains strong

Oct 27, 2016 05:02 am UTC| Commentary

U.S. home sales rose below expectations in September. It rose 3.1 percent sequentially to 593,000 as compared with the consensus forecast of a rise to 602k. Meanwhile, the figure for August was downwardly revised to 575k...

Brazil’s consumer confidence near 2-year high in Oct as optimism on economy grows

Oct 27, 2016 04:42 am UTC| Commentary Economy

Consumer confidence in Brazil rose to near 2-year high during the month of October following growing optimism that the countrys prolonged state of recession could be ending soon, despite signs of continuing slowness in the...

Australian bonds plunge as strong Q3 CPI lowers RBA Nov rate cut bets; 10-year yields highest since May

Oct 27, 2016 04:40 am UTC| Commentary

The Australian government bonds plunged Thursday as stronger-than-expected third quarter consumer price index has lowered the possibilities of a rate cut by the Reserve Bank of Australia in the upcoming monetary policy...

Singaporean jobless rate remains stable at 2.1 pct in Q3

Oct 27, 2016 04:28 am UTC| Commentary

Singapores overall seasonally adjusted overall jobless rate for the September quarter remained stable at 2.1 percent, unchanged from the second quarter, according to Singapores Ministry of Manpower. The unemployment rate...

New Zealand’s trade deficit widens in September, trade balance may improve slightly this year

Oct 27, 2016 04:00 am UTC| Commentary

New Zealands trade deficit for September widened more than expectations in September. The nations trade balance recorded a deficit of NZD 1,436 million. But it included a large one-off capital item of NZD 248 million....

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Economy

Yen Surges After Suspected Japan Currency Intervention

The Japanese yen strengthened sharply on Wednesday, hitting its highest level in more than two months after reports suggested that Japanese authorities recently intervened in the foreign exchange market to support the...

Italy Services PMI Nears Stabilization as Middle East Tensions Push Costs Higher

Italys service sector faced mounting cost pressures in April 2026, with businesses reporting the sharpest rise in input prices in more than three years amid ongoing instability in the Middle East. According to the latest...

European Stocks Rally as Trump Halts Hormuz Operation, Oil Prices Slide

European stock markets opened sharply higher on Wednesday after U.S. President Donald Trump paused a military-backed effort to reopen the Strait of Hormuz, boosting investor confidence and raising hopes for a potential...

Fitch Upgrades Argentina to B- as Milei Reforms Strengthen Economy

Fitch Ratings has upgraded Argentinas Long-Term Foreign Currency and Local Currency Issuer Default Rating to B- from CCC+ with a Stable outlook, signaling growing confidence in the countrys economic recovery under...

Asian Currencies Rise as Middle East Tensions Ease, South Korean Won Surges After Inflation Data

Asian currencies mostly strengthened on Wednesday as easing geopolitical tensions in the Middle East boosted investor confidence and weakened the U.S. dollar. Market sentiment improved after U.S. President Donald Trump...

Politics

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...

US Military Strike in Eastern Pacific Sparks Debate Over ‘Narco-Terrorist’ Operations

The U.S. military confirmed on Tuesday that it carried out another deadly strike in the Eastern Pacific, targeting a vessel allegedly linked to drug trafficking operations. According to U.S. Southern Command, the operation...

Guatemala President Bernardo Arevalo Appoints Gabriel Garcia Luna as New Attorney General

Guatemalan President Bernardo Arevalo has appointed former judge and university professor Gabriel Estuardo Garcia Luna as the countrys new attorney general, marking a significant political shift in Guatemalas justice...

Rubio Signals Possible U.S. Action on Cuba, Calls Current Situation “Unacceptable”

U.S. Secretary of State Marco Rubio said Tuesday that the current situation in Cuba is unacceptable, signaling that the United States intends to address ongoing concerns involving the island nation in the future. Speaking...

Lula and Trump to Discuss Brazil-U.S. Anti-Crime Partnership During Washington Meeting

Brazilian President Luiz Inacio Lula da Silva is expected to prioritize security cooperation and organized crime prevention during his upcoming meeting with U.S. President Donald Trump in Washington this week. According to...

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

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...

Agentic AI Boom to Drive Massive Growth in CPU Market, UBS Says

The rapid rise of agentic AI is reshaping the future of data center infrastructure, creating major growth opportunities for CPU manufacturers such as Arm Holdings, AMD, and Intel. According to UBS analyst Timothy Arcuri,...