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Indonesian trade deficit widens greatly in April, imports to keep trade balance under pressure in near-term

May 15, 2019 12:35 pm UTC| Commentary

Indonesia recorded the largest trade deficit on record in April. The trade balance saw a record deficit of USD 2.50 billion. The oil and gas deficit widened, while the non-oil and gas account recorded a deficit being in...

German economy grows strongly in Q1 2019, likely to stagnate or contract in Q2

May 15, 2019 11:50 am UTC| Commentary

German second quarter economic growth, on a seasonally adjusted basis, grew strongly. On a quarter-on-quarter basis, the GDP grew 0.4 percent, coming in line with consensus expectations. The Federal Statistical Office...

US April retail sales preview

May 15, 2019 11:39 am UTC| Commentary

U.S. retail sales statistics for the month of April will be released at 12:30 GMT, today. Why retail sales and U.S. consumers are important? Domestic consumption of goods contributes about 25% of GDP or around $...

U.S. Treasuries surge ahead of April retail sales, couple of FOMC members’ speeches

May 15, 2019 11:28 am UTC| Commentary Economy

The U.S. Treasury yields slumped during Wednesdays afternoon session, ahead of the countrys retail sales for the month of April, scheduled to be released today by 12:30GMT, besides, a host of speeches by Federal Open...

API reports large build while market awaits EIA report

May 15, 2019 11:21 am UTC| Commentary

Oil benchmarks are moving higher with pace as supply/demand fundamentals are catching up amid geopolitical uncertainties surrounding Venezuela, Libya, and Iran. Key factors at play in the crude oil market OPEC...

Chinese industrial production decelerates sharply in April, likely to roll out supportive measures to help sentiment

May 15, 2019 11:02 am UTC| Commentary

Chinas manufacturing sector mainly drove the pullback in April, with fixed asset investment and industrial production seeing sharp decelerations in the month. Industrial production growth of the manufacturing sector eased...

Global Geopolitical Series: Iran to break parts of nuclear accord to protest U.S. sanctions

May 15, 2019 10:24 am UTC| Commentary

The campaign of maximum pressure waged on Iran by the United States is finally leading to cracks on Irans commitment and willingness to abide by the Joint Comprehensive Plan of Acton (JCPoA), better known as the Iran...

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Economy

Oil Prices Rise as US-Iran Talks Stall, Inflation Risks Grow

Oil prices climbed on Tuesday as stalled U.S.-Iran peace negotiations and uncertainty over reopening the Strait of Hormuz renewed concerns about global energy supplies. Asian stock markets, meanwhile, traded cautiously as...

Singapore Raises 2026 GDP Growth Forecast to 4.5%-5.5% as AI Boom Fuels Economy

Singapore has sharply upgraded its 2026 economic growth forecast, citing stronger global artificial intelligence investment, resilient external demand and a less severe economic impact from the Middle East conflict than...

Gold Price Hits Two-Month High as Investors Await US Inflation Data

Gold prices extended their rally on Tuesday, climbing to their highest level in more than two months as strong investor demand, safe-haven buying and bullish momentum outweighed pressure from higher U.S. Treasury yields, a...

Yen Stabilizes After Intervention Slide as Australian Dollar Hits Eight-Week High

The Japanese yen steadied against the U.S. dollar on Tuesday after suffering a sharp decline in the previous session, as the impact of the recent joint U.S.-Japan currency intervention continued to fade. Meanwhile, the...

Singapore Raises 2026 GDP Growth Forecast as AI Demand Fuels Economy

Singapores economy delivered stronger-than-expected growth in the second quarter of 2026, prompting the government to significantly raise its full-year GDP forecast as booming global demand for artificial...

Politics

Ukraine Accuses Russia of Systematic Torture of POWs and Civilian Detainees

Former Ukrainian detainees and government officials have accused Russia of widespread and systematic torture of Ukrainian prisoners of war and civilian detainees, alleging beatings, electric shocks, sexual violence and...

Houthi Attack on Yemen’s Mocha Port Kills 7, Injures 30

At least seven people were killed and 30 others wounded after Houthi forces launched a major attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. The military said in a statement early Monday that...

Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow

Trump Media Technology Group said Monday that more than 10 customers have signed up for its upcoming Truth API, a real-time data service designed to provide rapid access to posts from prominent Truth Social accounts,...

Trump Secretly Switched Planes in Turkey After Iran Threat, Report Says

U.S. President Donald Trump secretly switched to a smaller military aircraft while leaving Turkey last month due to a potential Iranian security threat, according to a Washington Post report published Monday. Trump had...

FCC Steps Up China Tech Crackdown as Beijing Pushes Back

The U.S. Federal Communications Commission (FCC) has emerged as a key force in the Trump administrations technology and national security strategy toward China, expanding its role far beyond traditional oversight of...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms

Anthropic has reportedly signed a $9.1 billion long-term agreement with Riot Platforms (NASDAQ: RIOT) to secure large-scale AI computing capacity, marking another major investment by the Claude developer as demand for...

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...

SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...

Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...
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