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Sat, May 02, 2026 02:50 AM All times are UTC

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Why Chinese trade data failed to spark panic?

Apr 13, 2016 05:00 am UTC| Commentary

Is the panic surrounding Chinese stock market, economic weakness and currency, all over? Could be, at least for now. Todays trade data saw Chinese trade balance still positive but very weak compared to history, even...

Guide to today’s important data and events

Apr 13, 2016 04:05 am UTC| Commentary

Lots of economic dockets scheduled for today and some with high risk associated. Data released so far Australia Westpac consumer confidence declined by 4%. China Trade balance for March came...

Asian markets turn positive on oil gains, gold hovers around $1252

Apr 13, 2016 03:42 am UTC| Commentary

All the major Asian indices are trading on a positive note on Wednesday and erases previous losses. The core reason behind the upward movement is the sharp rise in oil prices, which improves global sentiment. Gold fails...

BoC to hold rates and reiterate neutral policy bias at tomorrow's policy meet

Apr 12, 2016 14:57 pm UTC| Commentary

BoC meets on Wednesday, 13th April to decide monetary policy. The central bank is expected to keep policy rate unchanged at 0.50% and reiterate its neutral policy bias. The focus at the meeting is likely to be on the...

Substantial narrowing in Turkey's current account deficit gives CBRT confidence to lower rates

Apr 12, 2016 14:38 pm UTC| Commentary

Turkeys central bank data showed on Monday that the nations current account deficit which was long regarded as a weak point in the economy, narrowed more than expected in February. The deficit fell to $1.785 billion in...

Emerging Market Crisis Series

Persistent disinflationary trends likely to keep CEE central banks in easing mode

Apr 12, 2016 14:07 pm UTC| Commentary Central Banks

CEE inflation keeps surprising to the downside. Data released on Monday showed Poland and Czech Republic continued low inflation trends into March. Polish CPI down 0.9% yoy confirming the flash estimate, while Czech...

Australia's business sector outlook improved in March

Apr 12, 2016 13:40 pm UTC| Commentary

Data released early on Tuesday showed that NAB Business Confidence jumped to 6 vs 3 last, while the business conditions numbers for March hit fresh 8-year high, coming in at 12 vs 8 previously in February. The business...

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Economy

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...

Dollar Gains Slightly as Yen Volatility Continues After Japan Intervention

Currency markets closely monitored the Japanese yen on Friday after suspected intervention by Tokyo triggered significant volatility, while the U.S. dollar began May with a modest rebound following April losses. The U.S....

Politics

U.S. Weapons Delays Raise Concerns Among European Allies Amid Iran Conflict

The United States has reportedly warned several European allies to prepare for delays in the delivery of military equipment, as ongoing tensions and conflict involving Iran continue to strain American weapons stockpiles....

Medicare to Cover GLP-1 Weight-Loss and Diabetes Drugs Starting July 1

U.S. President Donald Trump announced on Friday that the federal government is taking steps to expand access to GLP-1 medications for seniors enrolled in Medicare, with coverage expected to begin on July 1. This move could...

US Gaza Coordination Overhaul Raises Concerns Over Ceasefire and Aid Efforts

A U.S.-led coordination body operating near Gaza may soon undergo a major restructuring, raising fresh concerns about the effectiveness of international efforts to monitor the Israel-Hamas ceasefire and deliver...

U.S. Fast-Tracks $8.6 Billion Arms Sales to Middle East Allies Amid Rising Tensions

The Trump administration has approved over $8.6 billion in military sales to key Middle East allies, including Israel, Qatar, Kuwait, and the United Arab Emirates, bypassing the usual congressional review process. This...

Judge Rules Use of Military Lawyers in Civilian Prosecutions Is Lawful

A federal judge in Minnesota has ruled that the Trump administrations decision to assign military lawyers to assist in prosecuting civilians does not violate federal law. The decision comes from U.S. Magistrate Judge...

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

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...

Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges

Amazon (AMZN) shares slipped 2.6% in after-hours trading on Wednesday, even after the company delivered record-breaking quarterly earnings that exceeded Wall Street expectations. The decline reflects investor concerns over...