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Mon, May 04, 2026 11:18 AM All times are UTC

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All Swiss bond yields sink below zero for first time on economic concerns

Jul 05, 2016 09:48 am UTC| Commentary

The Switzerlands government bond yields sunk below zero for the time Tuesday on rising concern about the outlook for economic growth and inflation. Also, UKsvote to leave EU shifted investors towards safe-haven buying. The...

German bunds gain on weak risk appetite; 10-year yield dips to minus 0.15 pct

Jul 05, 2016 09:20 am UTC| Commentary

The German bunds gained on Tuesday as investors poured into safe-haven instruments amid losses in riskier assets including crude oil and stocks, pushing the yield on 10-year bund to -0.15 percent for the first time since...

Swedish industrial production falls in May marking downturn in manufacturing sector

Jul 05, 2016 09:19 am UTC| Commentary Economy

Swedens industrial production dropped in May, implying a sluggish development in the nations manufacturing sector. According to Statistics Sweden, industrial production fell 0.8 percent month-on-month in May, as compared...

Spain’s service sector grows fastest in 7 months on renewed employment

Jul 05, 2016 09:12 am UTC| Commentary Economy

In the month of June, Spains service sector grew at the fastest pace in seven months as firms witnessed renewed hiring, which fuelled hopes that the economy will survive the political deadlock of two inconclusive...

Danish central bank sells DKK in FX intervention in June to prevent krone from appreciating against EUR

Jul 05, 2016 08:45 am UTC| Commentary Economy

The Danish central bank, Danmarks Nationalbank (DN) published the data of its balance sheet and Junes FX reserve. The DN continued to sell Danish kroner in the FX market in order to keep the DKK from strengthening too much...

Briferendum Aftermath Series

Briferendum Aftermath Series: Conservative leadership election begins today

Jul 05, 2016 08:41 am UTC| Commentary Politics

Election to replace Prime Minister David Cameron who resigned post-U.K. referendum has officially started today and the long race is likely to end on 9th September. This leadership election is very crucial given the fact...

Despite recovery in oil price Moody’s warns on Saudi banks

Jul 05, 2016 08:01 am UTC| Commentary Central Banks Economy

The oil price has recovered more than 90 percent from their bottom in February but one of the top three rating agencies Moodys has warned of the liquidity pressure in Saudi Arabias banks. The squeeze is likely to take its...

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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...