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Wed, Oct 14, 2026 09:10 PM All times are UTC

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U.S. construction spending likely quickened in September

Nov 02, 2015 04:55 am UTC| Commentary

Construction spending of the U.S. for September is scheduled to release today. Powered by stepped-up spending on private residential dwellings (2.0%), the nominal value of new construction of Unites States put-in-place...

Korea's larger current account surplus on back of goods surplus

Nov 02, 2015 04:53 am UTC| Commentary

Koreas current account surplus widened to USD10.6bn in September, above forecasted. The wider surplus was primarily due to the larger goods surplus, which offset a slight deterioration in the primary income surplus and the...

BOK likely to refrain from more accomodation in Q4

Nov 02, 2015 04:50 am UTC| Commentary

The broad trend of Koreas weak external demand but stronger domestic services activity remains unchanged. The stronger pickup in Q3 GDP supported by resurgent September IP and export volume partly reflects payback for...

Indonesia's overall demand remains a major concern

Nov 02, 2015 04:46 am UTC| Commentary

Indonesias demand conditions (both domestic and external) remain weak and the weakness is expected to persist for some more time. During the quarter ending June 2015, household demand growth fell below 5% for the first...

PBoC rate cut likely in Q4 15

Nov 02, 2015 04:16 am UTC| Commentary Central Banks

China official manufacturing PMI remained flat at 49.8 in October, below expectation. On the breakdown, the pickup in new orders (to 50.3 from 50.2) was offset by the decline in production (to 52.2 from 52.3). Notably,...

Some positive factors to sustain Korea's production

Nov 02, 2015 03:55 am UTC| Commentary Economy

Korean exports fell 15.8% y/y in October, worse than expected, the largest decline in the headline rate this year, precipitated by large falls in shipments of petrochemicals, auto parts, steel and vessels, as well as high...

USD likely to feel upward pressure in months to come

Nov 02, 2015 03:51 am UTC| Commentary

The USD should continue gaining ground as the probability of a lift-off no later than March increases while market volatility continues to decline. The non-farm payroll report on Friday should support this. A...

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Economy

US Inflation Surges in September, Raising Fed Rate Hike Bets

U.S. inflation accelerated in September, fueling expectations that the Federal Reserve could raise interest rates later this month as Wall Street reacted to stronger-than-expected consumer price pressures. Data released...

Container Ship Sinks in Strait of Hormuz as Iran Attacks Escalate

A Singapore-registered container ship sank in the Strait of Hormuz on Wednesday after being hit by an unidentified projectile, triggering a fire and raising fresh concerns over maritime security and global oil shipments....

Wall Street Falls as Hot US Inflation Fuels Fed Rate Hike Bets

Wall Street stocks closed lower on Wednesday as stronger-than-expected US inflation data revived expectations of a Federal Reserve interest rate hike, sending Treasury yields higher and pressuring technology shares. The SP...

US Dollar Hits 18-Month High as Inflation Fuels Fed Rate Hike Bets

The U.S. dollar surged on Wednesday, approaching an 18-month high after stronger-than-expected U.S. inflation data revived expectations that the Federal Reserve could raise interest rates at its October meeting. The U.S....

China Bank Lending Rebounds in September, Beats Forecasts

Chinas new bank lending surged in September, exceeding market expectations as Beijing intensified monetary stimulus measures to support its slowing economy. However, weak annual credit growth continued to highlight subdued...

Politics

UN Urges Talks on Lebanon Peacekeeping Mission Extension

United Nations peacekeeping chief Jean-Pierre Lacroix has urged the UN Security Council to begin negotiations over the future of UN peacekeepers in Lebanon as the country seeks to extend the missions mandate beyond...

FBI Denies Report of Kash Patel’s Russia Visit

The Federal Bureau of Investigation (FBI) denied reports on Wednesday that Director Kash Patel had traveled to Russia for meetings with Russian intelligence officials, confirming instead that he was attending a law...

Zelenskiy Says Trump’s Support for Russia Is ‘Painful’

Ukrainian President Volodymyr Zelenskiy expressed disappointment with US President Donald Trump on Wednesday, describing Washingtons apparent shift toward Russia as painful amid the ongoing Ukraine-Russia war. Speaking...

Netanyahu Rejects Preemptive Iran Strike Ahead of Israel Election

Israeli Prime Minister Benjamin Netanyahu said Wednesday that he opposes launching a preemptive military strike against Iran before Israels October 27 election, while warning Tehran and its regional allies that any attack...

Gaza Olive Harvest Collapses as War Destroys Farmland

Gazas olive harvest has plunged dramatically as widespread destruction of agricultural land leaves farmers struggling to recover their livelihoods, even a year after a ceasefire ended major fighting. In central Gaza,...

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

Anduril Valuation Hits $90 Billion in Employee Share Sale

Anduril Industries, a leading U.S. defense technology startup, has launched an employee share tender offer that values the company at approximately $90 billion, according to a Bloomberg report published Wednesday. The...

Nvidia CEO Jensen Huang Open to Cutting Chip Supply Over Unsafe AI

Nvidia CEO Jensen Huang said the company could stop supplying artificial intelligence chips to customers developing dangerous AI software, although he believes many current concerns about AI safety are exaggerated....

Apple Intelligence Set for China Launch in December With iOS 27.3

Apple Inc. is reportedly preparing to launch its Apple Intelligence artificial intelligence platform in mainland China this December, marking a significant step in expanding its AI services into one of its most important...

BlackRock CEO Warns Data Center Ban Could Trigger US Recession

BlackRock CEO Larry Fink has warned that a nationwide halt to data center construction could push the United States into a recession, highlighting the growing importance of artificial intelligence (AI) investment to the US...

AI Crypto Payments Surge to 138 Million Transactions on Base

Artificial intelligence (AI) agents are increasingly using cryptocurrency to purchase digital services, with more than 138 million transactions recorded through the x402 payment protocol on Coinbases Base blockchain,...