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Liquidity injection to have bounced back in China, M2 likely grew 8.6 pct in June

Jul 08, 2019 18:50 pm UTC| Commentary

Liquidity injection in China is likely to have bounced back a bit due to pro-growth policies. According to a DBS Bank, M2 is likely to have grown 8.6 percent in June, as compared with Mays 8.5 percent. Liquidity injected...

Bank Negara Malaysia likely to keep interest rate unchanged in July

Jul 08, 2019 18:11 pm UTC| Commentary

Malaysian central bank is set to meet tomorrow for its interest rate decision. According to a DBS Bank research report, Bank Negarar Malaysia is likely to keep the Overnight Policy Rate on hold at 3 percent. After the...

Norwegian core inflation likely to have accelerated to 2.4 pct in June, Norges Bank to hike rate in September

Jul 08, 2019 17:09 pm UTC| Commentary

Norwegian inflation figures for the summer are unlikely to prevent the Norges Bank from providing a clear signal of a September hike at the in-between meeting in mid-August, said Nordea Bank in a research report. Since...

Swedish CPIF inflation likely to have eased in June, Riksbank likely to stand pat in 2019-2020

Jul 08, 2019 15:27 pm UTC| Commentary

Swedish CPIF inflation is likely to have eased in June. According to a Nordea Bank research report, the CPIF inflation is expected to have slowed down to 1.7 percent from Mays 2.1 percent, 0.1 percentage point higher than...

FxWirePro: Nikkei225 likely to rise by another 6.5 percent

Jul 08, 2019 14:17 pm UTC| Commentary

As the global central banks return to their policy easing tool, with major central banks either cutting or forecasting rate cuts, we expect the global equities to move higher. Last week,despite an early close and holiday...

German exports grew sequentially in May, trade surplus expands

Jul 08, 2019 14:08 pm UTC| Commentary

German exports grew sequentially in May. According to Destatis, the value of exported goods rose to EUR 113.9 billion, while the value of imported goods came in at EUR 93.4 billion. The provisional data showed that German...

Global Geopolitical Series: To pressure EU Iran breaches another JCPoA limit

Jul 08, 2019 13:42 pm UTC| Commentary

The European Union is stuck between a rock and hard place as Iran announced last Sunday that it is now officially in breach of the limits prescribed under the Joint Comprehensive Plan of Action (JCPoA), better known as the...

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Economy

Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey

Asian fund managers became more constructive on global and regional economic growth in December, while simultaneously tempering expectations for equity market returns, according to Bank of Americas latest fund manager...

Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations

Japans exports to the United States rebounded in November for the first time in eight months, signaling that the impact of U.S. tariffs on the Japanese economy may be easing and strengthening expectations that the Bank of...

Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks

Economists have upgraded their forecasts for Singapores economic growth in 2025, while anticipating a moderation in momentum the following year, according to the latest survey of forecasters released by the Monetary...

RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac

The Reserve Bank of Australia (RBA) is now unlikely to cut interest rates in 2026, according to updated forecasts from Westpac, as inflation remains stubbornly elevated and insufficient to shift the central banks hawkish...

U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge

The U.S. dollar traded steadily on Wednesday, hovering close to its lowest level since early October as fresh economic data reinforced concerns about a softening labor market and uncertainty over the Federal Reserves next...

Politics

Trump Administration Moves to Keep TransAlta Coal Plant Running Amid Rising AI Power Demand

The U.S. Energy Secretary has signed an emergency order to keep a key coal-fired power unit at the TransAlta-owned Centralia Generating Station in Washington state operating through much of the winter, marking the latest...

Federal Judge Declines to Immediately Halt Trump’s $300 Million White House Ballroom Project

A federal judge in Washington signaled on Tuesday that he is unlikely to immediately stop construction of a proposed $300 million White House ballroom, dealing an early setback to preservation advocates challenging the...

European Leaders Tie Ukraine Territorial Decisions to Strong Security Guarantees

European leaders have agreed that any decisions regarding potential Ukrainian territorial concessions to Russia can only be considered once strong and credible security guarantees are firmly in place, according to a joint...

Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

Taiwans political crisis has intensified as President Lai Ching-te warned that the islands global credibility and economic competitiveness are at risk, urging parliament to withdraw a series of controversial laws opposed...

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy

Shares of Chinese AI chipmaker MetaX Integrated Circuits delivered a stunning market debut, soaring more than 600% above their initial public offering price as domestic investors poured into local semiconductor stocks. The...

Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates

Apple Inc. (NASDAQ: AAPL) is reportedly in early-stage discussions with Indian semiconductor companies to explore the assembly and packaging of iPhone components in India, marking a potential shift in the companys global...

Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation

Amazon.com Inc is reportedly in discussions to make a major investment in OpenAI, the creator of ChatGPT, in a potential deal that could value the artificial intelligence company at more than $500 billion, according to a...

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

SUPERFORTUNE, a web3 AI application incubated by Manta Network, has launched its first mobile application, expanding beyond crypto-native users into the global consumer market. The SUPERFORTUNE mobile app delivers...

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...
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