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Briferendum Series

Briferendum Series: All you need to know about referendum timelines

Jun 22, 2016 08:06 am UTC| Commentary

British referendum over the stay in theEuropean Union is scheduled on June 23rd but knowing just that isnt enough. For all the traders and investors it is a must know a bit more details of the timeline so they can adjust...

Credit Suisse plans to cut FTSE 100 forecast if 'Brexit' camp wins

Jun 22, 2016 07:16 am UTC| Commentary

Credit Suisse, a Swiss-based investment bank, said Wednesday it would cut its year-end forecast for the European benchmark equity index, FTSE 100, if the ongoing campaign in favor of Brexit wins votes on Thursday, marking...

National Bank of Hungary to keep policy loose; raises 2016, 2017 inflation outlook

Jun 22, 2016 07:12 am UTC| Commentary Central Banks

The Hungarian central bank, MNB, kept its policy rate on hold at 0.9 percent on Tuesday. It also kept the overnight collateralised lending rate and overnight deposit rate unchanged at 1.15 percent and -0.05 percent...

Japanese bonds nearly flat in quiet trade, eyes on UK's EU referendum

Jun 22, 2016 07:10 am UTC| Commentary

The Japanese government bonds traded nearly flat Wednesday, succumbing to thin trading activity as jittery investors looked ahead to Britains vote on European Union membership scheduled to begin early morning London time...

Uncertainty dents Australian economy, likely to trigger a rate cut

Jun 22, 2016 06:48 am UTC| Commentary Economy

The Australian economy is most susceptible to be affected by economic uncertainty that prevails in the lead-up to federal elections, according to the economic uncertainty index for Australia, developed by ANZ Research. The...

PBoC considers permitting commercial banks to participate in offshore yuan trade

Jun 22, 2016 06:31 am UTC| Commentary Central Banks

On Tuesday, the Peoples Bank of China (PBoC) mentioned that it is considering permitting onshore commercial banks to take part in offshore yuan trade. This is the central banks another action to internationalize the yuan...

New Zealand bonds close mixed on growing 'Bremain' hopes, weak Chinese manufacturing PMI

Jun 22, 2016 06:29 am UTC| Commentary

The New Zealand government bonds closed mixed on Wednesday as the recent polls showed Brexit fears among investors started to fade, boosting risk sentiments. On the contrary, investors preferred to stay risk-averse after...

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Economy

UAE Exits OAPEC Amid Shift Toward Independent Oil Strategy and Market Uncertainty

The United Arab Emirates (UAE) has officially exited the Organization of Arab Petroleum Exporting Countries (OAPEC), marking a major shift in its approach to global energy policy. The move was confirmed in a statement...

Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts

Chicago Federal Reserve President Austan Goolsbee has cautioned that recent inflation data presents a challenge for the U.S. central bank, reinforcing a cautious stance on potential interest rate cuts. Speaking in a recent...

Trump Rejects Iran Proposal as Tensions Persist Amid Fragile Ceasefire

U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal for renewed talks, signaling continued deadlock in efforts to resolve the ongoing U.S.-Iran conflict. Despite a ceasefire reached on...

EU Warns of Response as U.S. Considers 25% Tariffs on Car Imports

The European Commission signaled it is prepared to defend its economic interests after the United States threatened to impose new tariffs on European vehicles, raising concerns over a potential escalation in transatlantic...

Wall Street Mixed as Apple Earnings Boost Nasdaq and Oil Prices Ease

U.S. stock market performance ended mixed on Friday, with major indices showing resilience despite ongoing geopolitical tensions and fluctuating oil prices. The SP 500 and Nasdaq Composite posted gains, while the Dow Jones...

Politics

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...

Merz Downplays Rift With Trump as U.S. Plans Troop Reduction in Germany

German Chancellor Friedrich Merz has acknowledged policy differences with former U.S. President Donald Trump but emphasized the importance of maintaining strong NATO ties and transatlantic cooperation. Speaking in a...

Taiwan President Lai Defends Global Engagement During Eswatini Visit Amid China Criticism

Taiwan President Lai Ching-te reaffirmed the islands right to engage internationally during a surprise diplomatic visit to Eswatini, pushing back against mounting pressure from China. Speaking to King Mswati III, Lai...

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

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...

Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings

Meta Platforms has increased its full-year capital expenditure guidance for 2026, signaling continued aggressive investment in artificial intelligence infrastructure despite rising costs and market concerns. The company...