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Mon, May 04, 2026 11:17 AM All times are UTC

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FxWirePro medium term outlook: Euro may go for a test of parity against dollar

Jul 05, 2016 10:51 am UTC| Commentary

The referendum vote in the United Kingdom is not likely to hurt the country alone, it is at the very least will hurt theEuropean Union as well. Other than economic shocks, the European Union may suffer political cracks as...

UK’s service sector activity growth weakens in June

Jul 05, 2016 10:42 am UTC| Commentary Economy

UKs service sector activity growth weakened in June, based on the latest PMI survey data. The seasonally adjusted Markit/CIPS UK Services Business Activity Index dropped to 52.3 in June from Mays 53.5, matching Aprils...

Taiwan consumer prices tick higher in June owing to sharp jump in fruit prices

Jul 05, 2016 10:33 am UTC| Commentary Economy

Consumer price inflation in Taiwan rose in Juneowing to asharp rise in fruit prices, which soared due to two consecutive dramatic typhoons last year and a cold wave early this year. Natural calamities shook the...

UK gilts rally as service PMI weakens and BOE lowers regulatory buffers

Jul 05, 2016 10:29 am UTC| Commentary

The UK gilts strengthened on Tuesday after data showed that service PMI fell more than expected in June. Also, the Bank of England announced in its financial stability report that they will reduce counter cyclical capital...

US June non-farm payrolls likely to rise, jobs growth expected to remain modest

Jul 05, 2016 10:22 am UTC| Commentary Economy

The United States June non-farm payroll is expected to rise, with growth in jobs remaining on a modest scale. Non-farm payrolls is expected to have increased 150,000 in June, which is a little lower than consensus at...

Briferendum Aftermath Series

Briferendum Aftermath Series: Key timeline in Conservative Party Election

Jul 05, 2016 10:11 am UTC| Commentary

As of today, conservative party election has started and this time, there are five contestants, Theresa May, Stephen Crabb, Michel Gove, Andra Leadsom, and Liam Fox. Whoever gets elected will have one of the toughest...

Briferendum Aftermath Series

Briferendum Aftermath Series: Why Jeremy Corbyn is right in staying put?

Jul 05, 2016 09:49 am UTC| Commentary

British referendum on the membership of the European Union has created a leadership crisis in Britain after the people voted in favor of leaving the bloc. Conservative party leadership crisis was triggered after Prime...

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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...