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

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Australia’s inflation gauge rises in June on higher costs of petrol, food

Jul 04, 2016 05:19 am UTC| Commentary

A private sector gauge of Australian inflation rose sharply in June as higher costs of fuel and food pushed up consumer prices, though underlying measures of inflation remained calmed. This leaves room for further rate...

Australian dwelling approvals drop sharply in May; construction likely to remain high for some time

Jul 04, 2016 05:16 am UTC| Commentary Economy

Approval for dwellings in Australia dropped sharply in May by 5.2 percent in seasonally adjusted terms, according to Australia Bureau of Statistics. Consensus expectations for residential building approvals declined 3.5...

US vehicle sales remain mixed, reduce market estimates for Q2 growth

Jul 04, 2016 05:14 am UTC| Commentary

Vehicle sales in the United States remained mixed for the month of June, trimming down market expectations for the countrys second quarter growth figures. Also, mixed data failed to remove worries over the countrys growing...

Asian markets in green, gold rises about 1 pct to $1,357 and silver rises 6.5 pct to $21.11

Jul 04, 2016 04:28 am UTC| Commentary

All the major Asian markets as well as commodities are trading on a higher note on Monday and important to note that silver rises by 6 pct to $21.11 marks. On the other side gold is trading higher around $1,345 and made...

UK manufacturing surprises to the upside, at five-month high in June

Jul 01, 2016 15:59 pm UTC| Commentary

Data released earlier on Friday showed UKs manufacturing sector activity in the UK economy surprised the markets to the upside in the month of June, accelerating further into the expansion territory and hitting a...

Japan big manufacturers' mood unchanged in Q2, shows firms' cautious stance

Jul 01, 2016 15:07 pm UTC| Commentary

Bank of Japans tankan business sentiment survey showed on Friday that confidence at big Japanese manufacturers remained unchanged in Q2. The sentiment among major manufacturers remained stuck at its lowest levels since Abe...

ECB likely to look through rising inflation, to continue further easing in Q4

Jul 01, 2016 14:23 pm UTC| Commentary

According to data released by the Eurostat on Thursday, prices in the euro-area rose in June, but were still well below the European Central Banks (ECB) target of close to but just below 2.0 percent. The flash estimate...

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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...