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Sun, May 03, 2026 09:09 AM All times are UTC

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UK gilts plunge as investors shrug off Brexit as a possibility, Yellen hawkish comments

May 31, 2016 09:12 am UTC| Commentary

The UK gilts plunged on Tuesday as investors appear to have concluded that the UK will vote to stay in the European Union in June. Also, investors drove-out from safe haven after Federal Reserve Chief Janet Yellen...

Migrant Crisis Series

Unemployment drops record low in Germany despite influx of migrants

May 31, 2016 09:06 am UTC| Commentary

Germanys May unemployment hit record low, despite a huge influx of migrants in to the Eurozones largest economy, signaling that the strongest labor market still persist in the country. German jobless claims fell more...

Danish economy surpasses expectations in Q1; likely to continue upward trajectory

May 31, 2016 08:48 am UTC| Commentary

In the first quarter of 2016, Denmarks economy expanded 0.5% q/q, as compared with consensus forecast of a growth of 0.1%. Net exports, higher household consumption and construction activity positively contributed to the...

Sharp drop in German retail sales to slow consumer momentum

May 31, 2016 08:43 am UTC| Commentary Economy

Germany April retail sales fell for the second consecutive month in a row, taking markets by surprise despite upbeat labor market and buoyant consumer sentiment. This is a clear indication for a slowing consumer momentum...

Australia’s housing market gives mixed signals; new housing permits rose 3 pct in April

May 31, 2016 08:42 am UTC| Commentary

The Australian housing market continues to give mixed signals. New housing permits in the country grew 3% in April. The annual expansion is positive for the first time since October 2015. Housing permits in New South Wakes...

German bunds slide after unemployment rate falls, Euro CPI eyed

May 31, 2016 08:40 am UTC| Commentary

The German bunds slumped on Tuesday after data showed that May unemployment fell more than expected and the jobless rate in Europes biggest economy hit a record low. Also, investors awaited a Euro zone inflation report...

UK's PMI likely to have stayed weak in May, bringing Q2 growth down

May 31, 2016 08:24 am UTC| Commentary

The group of PMIs for the UK that will be released this week for the month of May are expected to remain weak. The UK manufacturing PMI had dropped to 49.2 in April, the first reading below the threshold of 50 since March...

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Economy

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...

Gold Prices Slip Amid Iran Tensions and Rising Rate Concerns

Gold prices edged slightly lower on Friday, hovering near one-month lows after a volatile trading session. The precious metal continues to face pressure following consecutive monthly declines, as global economic...

Politics

Trump Signals Major U.S. Troop Reduction in Germany Amid NATO Tensions and Trade Disputes

U.S. President Donald Trump announced plans to significantly reduce the American military presence in Germany, going well beyond the previously proposed withdrawal of 5,000 troops. Speaking briefly to reporters before...

Peru Election Results Under Scrutiny as JNE Calls for Comprehensive IT Audit

Perus National Jury of Elections (JNE) has officially requested a comprehensive and exhaustive IT audit of the ongoing general election results, intensifying focus on transparency and electoral integrity in the country....

Trump Signals Possible Renewal of U.S. Strikes on Iran

U.S. President Donald Trump stated on Saturday that the United States could potentially resume military strikes on Iran, highlighting ongoing tensions between the two nations. Speaking to reporters in West Palm Beach,...

Kim Jong Un Highlights Youth Role in North Korea’s Military and Political Agenda

North Korean leader Kim Jong Un recently met with delegates from the ruling partys youth league congress in Pyongyang, reinforcing the governments focus on young people as a driving force behind national development and...

Russian Forces Advance Toward Kostiantynivka as Fighting Intensifies in Eastern Ukraine

Russian troops are steadily advancing toward the strategic city of Kostiantynivka in Ukraines eastern Donetsk region, signaling a renewed push to gain ground near one of Ukraines most heavily fortified defensive zones....

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...