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Mon, May 04, 2026 02:50 AM All times are UTC

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Business conditions across U.S. manufacturing sector strengthen in June

Jun 24, 2016 05:12 am UTC| Commentary Economy

Business conditions throughout the U.S. manufacturing sector have been strengthening in June, according to the flash manufacturing PMI. The seasonally adjusted Markit Flash U.S. manufacturing PMI rose to 51.4 in June from...

Briferendum Series

Briferendum Series: End of Cameron’s career

Jun 24, 2016 05:11 am UTC| Commentary

Prime Minister David Camerons political gamble to win the 2015 election has worked in terms of theconservative party gaining an outright majority in the election but thats not what he will be remembered for. In history, he...

Taiwan industrial production snaps 12-month loss on subdued global demand

Jun 24, 2016 04:59 am UTC| Commentary

Taiwans industrial production for the month of May rose, snapping a losing streak observed over the past 12 months, caused by a period of soft global demand for its products and components. The better-than-expected IP data...

Briferendum Series

Briferendum Series: ‘Remain’ will need 64 percent of remaining votes to secure a win

Jun 24, 2016 04:26 am UTC| Commentary

It looks like the Remain camp wont make it today but still we will have to keep reporting the slimmest possibility they have. The Remain cam is now trailing the Leave camp by almost a million vote and that is very...

Yen at 2-year highs against the US dollar; likelihood of BoJ intervention?

Jun 24, 2016 04:12 am UTC| Commentary Central Banks

Markets now believe Brexit is pretty much a done deal after Birmingham voted in favor of exit. Nikkei 225 plummets -7.3%, USD/JPY hits lowest levels since Nov 2013. How much yen appreciation will the BoJ...

Briferendum Series

Briferendum Series: Brexit is almost here

Jun 24, 2016 04:09 am UTC| Commentary

Brexit is upon us. It is just now amatter of hoursbefore the Article 50 is triggered. As of latest, with 78 percent of the votes counted Remain camp has secured 48.3 percent of all votes, while the Leave camp has...

GBP/JPY at 3-1/2 year lows, probably the worst affected cross, dives over 13pct on the day

Jun 24, 2016 03:45 am UTC| Commentary

The odds of a Brexit rising with every passing hour, markets now probably price in an exit scenario. GBP/JPY cross continues to face double whammy from both a strengthening yen and a miserably shattered GBP. The...

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Economy

Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns

Concerns that the eurozone could face a recession are increasingly valid as geopolitical tensions in the Middle East continue to disrupt global markets, according to European Central Bank (ECB) Governing Council member and...

Yen Stabilizes After Suspected Intervention as Global Currency Markets Stay Cautious

The Japanese yen showed signs of stability in early Asian trading, gaining modest ground after several volatile sessions driven by suspected government intervention. The currency strengthened by 0.1% to 156.885 per dollar,...

Asian Stocks Rise as South Korea Hits Record High on AI Chip Rally

Asian stock markets opened the week on a positive note, led by a strong surge in South Korean equities and renewed momentum in Hong Kongs technology sector. Investor sentiment across the region improved as markets reacted...

Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated

The Bank of Korea (BOK) is signaling a shift toward a more hawkish monetary policy stance, with senior officials indicating that interest rate hikes may soon be back on the table. Ryoo Sang-dai, senior deputy governor and...

Asian Stocks Rise Slightly as Oil Prices Hold Steady Amid Middle East Uncertainty

Asian markets inched higher on Monday while oil prices remained stable, as investors weighed geopolitical developments in the Middle East alongside a packed week of corporate earnings and economic data. Sentiment improved...

Politics

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...

Poland Sees No Delays in U.S. Patriot Missile Defense Deliveries Despite Stockpile Concerns

Poland has not received any signals suggesting delays in the delivery of U.S.-made Patriot air defense systems, according to Defence Minister Wladyslaw Kosiniak-Kamysz. His statement comes amid growing concerns across...

Trump Announces “Project Freedom” to Aid Stranded Ships in Strait of Hormuz

U.S. President Donald Trump has unveiled a new humanitarian initiative called Project Freedom, designed to assist neutral commercial vessels stranded in the Strait of Hormuz due to escalating Middle East tensions. 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

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...

Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island

Taiwan has activated emergency backup communications for Dongyin, its northernmost and strategically important island, after an undersea cable was damaged due to shifting shipwreck debris caused by severe weather. The...