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Wed, Aug 19, 2026 07:03 AM All times are UTC

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Watch out for Bank of England's QE auction ahead

Aug 23, 2016 05:36 am UTC| Commentary

Yesterday was a good day and tomorrow will again be a good one, but today remains the challenging for the Bank of England (BoE). Yesterday it was able to purchase 1.17 billion as targeted but that was short term bonds for...

Canada June wholesale sales rise for 3rd straight month; economy likely to shrink in Q2

Aug 23, 2016 05:24 am UTC| Commentary

Canadas wholesale sales rose for the third straight month in June, beating market expectations as this sector of the economy provided some ray of hope in an otherwise dwindling economy. Also, the Canadian economy is...

USD/CNY likely to remain below 6.70 ahead of G-20 Hangzhou Summit

Aug 23, 2016 05:21 am UTC| Commentary

In the past sessions, both USD/CNY spot and fixing have risen noticeably along with an appreciating US dollar. But, either the spot or the fixing is expected to remain below 6.70 critical level ahead ofthe G-20 Hangzhou...

Australian bonds rebound as crude snap 7-day straight gains; Yellen's speech in focus

Aug 23, 2016 05:19 am UTC| Commentary

The Australian government bonds gained Tuesday as crude oil futures snapped seven-session winning streak on expectations of higher output and a strengthening dollar. Also, investors remained cautious ahead of the United...

BlackRock upgrades EM stocks to overweight

Aug 23, 2016 05:09 am UTC| Commentary

Worlds biggest asset manager BlackRock upgraded its view on the emerging market stocks from neutral to overweight on Monday. It said that the lower expectations of a rate hike from the U.S. Federal Reserve had led to the...

Australia’s consumer sentiment climbs strongly in August

Aug 23, 2016 05:03 am UTC| Commentary Economy

Consumer confidence in Australia climbed considerably in the last two weeks and is at the highest level in nearly three years. The ANZ-Roy Morgan consumer confidence index rose strongly by 3.6 percent in the week ending 21...

China’s business confidence weakens in August, investors remain wary on economic outlook

Aug 23, 2016 04:52 am UTC| Commentary

Business confidence in China weakened during the month of August, compared to that during July, after remaining stable in the past couple of months, clouding investors outlook on the worlds second largest economy. The MNI...

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Economy

Trump Says Iran Talks Halted as Strait of Hormuz Dispute Fuels Oil Concerns

U.S. President Donald Trump said Tuesday that Washington is not holding talks with Iran and maintained that the Strait of Hormuz remains open, directly challenging Tehrans claim that the crucial energy shipping route is...

Trump Pauses 50% Canada Tariffs for Three Days as U.S. Trade Deal Takes Shape

U.S. President Donald Trump has delayed new 50% tariffs on Canadian goods for three days after announcing that the United States and Canada had reached a preliminary trade agreement. The tariffs were scheduled to take...

Asian Chip Stocks Plunge as Bond Yields Fuel AI Valuation Fears

Asian technology and semiconductor stocks suffered steep losses on Wednesday as rising global bond yields intensified concerns over expensive AI-related valuations and higher financing costs across the technology sector....

China Set to Hold Benchmark Lending Rates Steady for 15th Month

China is expected to keep its benchmark lending rates unchanged in August for the 15th consecutive month, despite fresh economic data highlighting persistent weakness in domestic demand. A Reuters survey of 25 market...

UK Inflation Rises to 2.9% in July as Energy Costs Climb

Britains annual consumer price inflation rate climbed to 2.9% in July, rising from a 15-month low of 2.6% in June, according to official figures released on Wednesday. The increase highlights renewed price pressures on UK...

Politics

Israeli Airstrike Kills Six Palestinians in Gaza as Trump Peace Plan Stalls

An Israeli airstrike in Gaza City killed at least six Palestinians and wounded 14 others on Tuesday, according to local health officials, as efforts to advance U.S. President Donald Trumps Gaza peace plan remained stalled....

US, South Korea Cut Joint Military Drills After Trump Orders Reduced Role

South Korea and the United States have shortened their annual Ulchi Freedom Shield military exercises from 11 days to five and reduced some field training after U.S. President Donald Trump ordered a substantial cut in...

Angie Nixon Scores Florida Senate Primary Upset as Key Midterm Races Take Shape

Democratic socialist Angie Nixon delivered a major upset in Floridas Democratic U.S. Senate primary on Tuesday, defeating former national security official Alex Vindman as voters across several states selected candidates...

Israel Strikes Syrian Airbase Near Aleppo, Raising Tensions With Turkey

Israel launched eight airstrikes on Syrias Abu al-Duhur airbase near Aleppo on Tuesday, prompting condemnation from Turkey and concern from the United States over escalating regional tensions. Syrian state-run Ekhbariya...

Trump Says Iran Talks Halted as Hormuz Dispute Pushes Oil Higher

U.S. President Donald Trump said Tuesday that no negotiations with Iran were taking place and insisted the Strait of Hormuz remained open, contradicting Tehrans claim that the strategic waterway was still closed to...

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

Unitree Robotics Shares Soar Over 600% in Shanghai Market Debut

Unitree Robotics shares skyrocketed in their Shanghai stock market debut on Wednesday, highlighting surging investor interest in Chinas robotics and artificial intelligence sectors. The Chinese humanoid robot maker saw its...

Goldman Sachs Names 9 Top Japanese Semiconductor and Electronics Stocks

Goldman Sachs has identified nine Japanese semiconductor and electronic components stocks it believes are well positioned for growth, particularly as artificial intelligence and data center demand accelerates. The bank...

Baidu Shares Sink to One-Year Low as Ad Weakness Overshadows AI Growth

Baidu shares plunged to a near one-year low on Wednesday after the Chinese technology giant reported weaker-than-expected second-quarter results, as declining advertising revenue overshadowed strong growth across its...

OpenAI Tightens AI Safety Monitoring After Security Incidents

OpenAI is strengthening oversight of its most advanced artificial intelligence models as the company works to prevent unexpected or potentially dangerous behavior from increasingly autonomous AI systems. The ChatGPT...

Moody’s Affirms NVIDIA Aa1 Rating as AI Data Center Guarantees Reach $105 Billion

Moodys Ratings has affirmed NVIDIA Corporations (NASDAQ: NVDA) Aa1 senior unsecured rating and Prime-1 short-term commercial paper rating, while maintaining a positive outlook. The decision follows NVIDIAs plan to provide...