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Tue, May 05, 2026 02:49 AM All times are UTC

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US pending home sales rise in June, stay less than market expectations

Jul 28, 2016 07:23 am UTC| Commentary

The United States pending home sales rose during the month of June, although it stayed less than what the markets had expected. A pending home sale is one in which a contract was signed but not yet closed. Normally, it...

Singaporean bonds gain as growth declines, inflation remains in negative

Jul 28, 2016 07:00 am UTC| Commentary

The Singaporean government bonds gained on Thursday following weak economic data in the past few days, creating pressure on the central bank for a further policy easing in the wake of lacklustre global demand and Brexit...

New Zealand bonds end higher on weak oil prices; employment report eyed next week

Jul 28, 2016 06:25 am UTC| Commentary

The New Zealand government bonds closed firmer on Thursday after crude oil futures fell to its lowest levels in more than three months as the United States Energy Information Administration (EIA) inventories data revealed...

Singapore Q2 unemployment rate rises as weak global economy dampens hiring

Jul 28, 2016 06:02 am UTC| Commentary

Unemployment in Singapore during the second quarter rose, following weak global economy that dampened hiring across the nation. Theseasonally adjusted unemployment rate in Singapore went up to 2.1 percent in June this...

Australian bonds rally ahead of RBA decision; weak Q2 inflation raises rate cut hopes

Jul 28, 2016 05:46 am UTC| Commentary

The Australian government bonds rallied on Thursday as investors remain cautious ahead of the Reserve Bank of Australias (RBA) monetary policy meeting, which is scheduled to take place on August 2 at 04:30 GMT. Also,...

FOMC monetary policy July 2016: Assessing future bias

Jul 28, 2016 05:29 am UTC| Commentary Central Banks

Yesterday, FOMC policymakers preferred to keep policy steady and not go for a hike. This was somewhat expected given the risks arising from the British referendum. There are not enough evidence yet to make a...

FOMC maintains hawkish tone, keeps Fed funds rate unchanged

Jul 28, 2016 05:28 am UTC| Commentary Central Banks

The Federal Reserve Open Market Committee maintained a hawkish tone at the monetary policy meeting held Wednesday, while keeping the Federal Funds Rate unchanged. However, the Feds statement kept hopes alive for a rate cut...

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Economy

US Moves to Secure Gulf Shipping Amid Rising Tensions with Iran

The United States has announced plans to assist vessels stranded in the Strait of Hormuz following escalating tensions linked to the U.S.-Israeli conflict with Iran. President Donald Trump stated that efforts would begin...

Middle East Conflict Impacts Australia and New Zealand Businesses

Companies across Australia and New Zealand are increasingly feeling the economic pressure caused by the ongoing Middle East conflict, particularly the U.S.-Israeli war involving Iran. Rising fuel prices, supply chain...

Global Markets Rise as Oil Prices Stabilize Amid Middle East Tensions

Asian stock markets showed modest gains on Monday as investors reacted cautiously to ongoing developments in the Middle East conflict, while oil prices remained relatively stable. Market sentiment improved slightly due to...

Dollar Holds Firm as Asian Currencies Stabilize Amid Middle East Tensions and Rate Uncertainty

The U.S. dollar remained steady in Asian trading on Monday, while most Asian currencies moved within a narrow range as investors weighed geopolitical risks and uncertainty surrounding U.S. interest rates. Trading activity...

Gold Prices Hold Steady Amid Iran Tensions and Interest Rate Uncertainty

Gold prices remained relatively stable during Asian trading on Monday, as ongoing geopolitical tensions in the Middle East and uncertainty surrounding global interest rates continued to influence market sentiment. Despite...

Politics

Oil Prices Hold Above $100 Amid Strait of Hormuz Tensions and U.S.-Iran Uncertainty

Oil prices remained elevated above the $100 mark on Monday despite a slight pullback, as ongoing geopolitical tensions and supply disruptions continued to influence the global energy market. Brent crude futures dipped...

Australia Launches Public Hearings on Bondi Beach Shooting and Rising Antisemitism

Australia has officially opened public hearings into the Bondi Beach mass shooting that occurred in December, marking a significant step in a broader national inquiry into antisemitism and social cohesion. The tragic...

Ukraine Drone Strikes Hit Russian Oil Port Primorsk and Naval Targets

Ukraine has intensified its long-range drone campaign against Russia, targeting key energy infrastructure and military assets in a large-scale overnight assault. Ukrainian forces reportedly struck the Baltic Sea port of...

Taiwan President Lai Ching-te Visits Eswatini Amid Rising China Pressure

Taiwan President Lai Ching-te has arrived in Eswatini, marking a significant diplomatic move after his earlier trip was delayed due to restricted airspace access reportedly influenced by China. The visit underscores...

Japan Signals Potential Shift on Arms Exports, Opening Door to Ukraine Support

Japans recent decision to relax its long-standing weapons export restrictions has created a potential pathway for future defense cooperation with Ukraine, according to Kyivs ambassador to Tokyo. While no immediate arms...

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

Anthropic’s $1.5B AI Venture with Wall Street Firms Targets Private Equity Market

Anthropic is reportedly nearing completion of a major $1.5 billion joint venture with leading financial institutions, including Blackstone and Goldman Sachs, aimed at expanding the use of artificial intelligence tools...

Samsung Appoints New TV Business Head Amid Rising Competition from Chinese Rivals

Samsung Electronics, the worlds leading TV manufacturer, has made a significant leadership change in its television division for the first time in over two years. The company announced that Lee Won-jin, formerly head of...

U.S. Cybersecurity Pushes Faster Patch Deadlines Amid Rising AI-Driven Threats

U.S. cybersecurity officials are exploring significantly shorter deadlines for fixing critical vulnerabilities in government IT systems, driven by growing concerns that hackers are leveraging advanced artificial...

Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue

Apple delivered a strong fiscal Q2 2026 performance, reporting record-breaking revenue and profit growth fueled by robust iPhone sales and expanding services. The tech giant posted earnings of $2.01 per share on $111.18...

FBI Warns of China’s Expanding Hack-for-Hire Network Amid Extradition Case

The Chinese governments alleged hack-for-hire ecosystem is rapidly expanding and becoming increasingly difficult to control, according to a senior FBI official. Speaking on Thursday, FBI Assistant Director Brett Leatherman...