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Thu, May 07, 2026 08:02 AM All times are UTC

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New Zealand bonds close higher as investors anticipate RBNZ to cut rate

Aug 05, 2016 06:26 am UTC| Commentary

The New Zealand government bonds closed higher on Friday as investors sought refuge in the safe-haven instruments ahead of the Reserve Bank of New Zealand (RBNZ) monetary policy decision. Also, investors are anticipating a...

Australian bonds gain on RBA’s dovish economic assessment, further easing on cards

Aug 05, 2016 06:11 am UTC| Commentary

The Australian government bonds gained Friday, following a dovish economic assessment from the Reserve Bank of Australias monetary policy statement. Also, the report paved way for further easing in the near-term. The...

US Election Series: Iranian ransom scandal hits Democratic Party

Aug 05, 2016 06:02 am UTC| Commentary

This years Presidential election has been tainted by scandals and controversies. Republican nominee Donald Trump had his share of controversies, while Democrats share majority of the leaks and scandals. While Mr. Trump...

Jobless claims in US remain stable in July-end

Aug 05, 2016 05:39 am UTC| Commentary Economy

US initial jobless claims, in the week endingJuly 30, rose by 3000 to 269,000, close to theconsensus projection of 265,000. Moreover, the four-week moving average of initial claims increased to 260,000 from the previous...

China likely to maintain rapid pace of growth over the coming months, says Scotiabank

Aug 05, 2016 05:33 am UTC| Commentary

The Chinese economy is expected to maintain a rapid pace of economic growth over the coming quarters, according to a report released by the Scotiabank said Thursday. However, its economic transition away from external...

FxWirePro: The Day Ahead: August 5, 2016

Aug 05, 2016 04:55 am UTC| Commentary Economy

Not many economic dockets and events scheduled for today but some with very high volatility risks associated. Data released so far: Japan: Labor cash earnings rose by 1.3 percent in June from a year...

Asian markets higher ahead of NFP job results; gold steady around $1,360

Aug 05, 2016 03:05 am UTC| Commentary

All the Asian indices are trading on a higher note ahead of the U.S. nonfarm pay roll job data. The consensus forecast is for a 180,000 gain in jobs and a slight fall in the unemployment rate, from 4.9% to 4.8%. U.S....

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Economy

European Stocks Edge Higher as Iran-U.S. Peace Talks Boost Market Sentiment

European stock markets traded mostly higher on Thursday as investors reacted positively to reports that the United States and Iran are preparing to restart negotiations aimed at ending their ongoing conflict. Optimism...

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....

Politics

UK Local Elections 2026: Starmer Faces Pressure as Reform UK Surges

Millions of voters across Britain headed to the polls on Thursday in crucial local and regional elections that could significantly weaken Prime Minister Keir Starmers Labour Party and reshape the countrys political...

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...

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

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...