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RBA likely to tighten financial conditions further

Oct 16, 2015 03:20 am UTC| Commentary Central Banks

Markets are on alert for an unexpected near term rate cut from the RBA in response to Westpacs decision to raise the variable mortgage rate by 20 basis points. Markets are asking the question as to whether the RBA will...

Kiwi drops as markets weigh up OCR path after CPI data

Oct 16, 2015 03:13 am UTC| Commentary

The New Zealand dollar traded weaker against the greenback on Friday after markets had a chance to digest the latest inflation figures, which showed little sign of domestic price pressures. The CPI was up 0.3% in the...

China's September new loans and TSF rebound

Oct 16, 2015 02:23 am UTC| Commentary Economy

RMB new loans growth posted a strong rebound in September, led by medium-long term loans. RMB new loans were CNY1050bn, up from CNY810bn in August and above expectations (consensus: CNY900bn). It is encouraging to see that...

US manufacturing / industrial production are expected to pin the tail on a host of poor data of late

Oct 16, 2015 02:14 am UTC| Commentary

Manufacturing / industrial production (IP) are expected to pin the tail on a host of poor data of late. Both series will fall by two ticks in September if consensus is correct, leaving on-year growth in IP at zero and mnfg...

India's September trade deficit narrows

Oct 16, 2015 02:00 am UTC| Commentary

Indias September merchandise trade deficit narrowed to USD 10.4bn from USD 12.4bn the month before, with both legs of trade continuing their weak run. Exports contracted by a sharp 24.3% YoY in September, taking the...

Nothing to cheer about Indonesia's September trade surplus

Oct 16, 2015 01:41 am UTC| Commentary

The trade account recorded a surplus of USD 1bn in September. But there wasnt anything to cheer about as both export and import numbers were simply poor. Imports were down by 26% (YoY) in the month, reflecting a weak...

UK rates: Weekly review

Oct 16, 2015 01:00 am UTC| Commentary

The Charter for Budget Responsibility is committed to permanent surpluses in normal times, but the wisdom of a binding commitment is questioned by many commentators. Asset swaps do not suggest an imminent loss of fiscal...

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Economy

U.S. and EU Strengthen Critical Minerals Partnership to Reduce China Dependence

The United States and the European Union have taken a major step toward strengthening their supply chains for critical minerals, aiming to reduce reliance on China and boost advanced manufacturing capabilities. On Friday,...

Global PCB Prices Surge Amid Middle East Conflict and Supply Chain Disruptions

The ongoing conflict in the Middle East is sending shockwaves through the global electronics industry, driving up prices of printed circuit boards (PCBs) and disrupting the supply of critical raw materials. PCBs are...

Asian Currencies Rise Ahead of BOJ and Fed Meetings as Dollar Softens

Asian currencies strengthened on Monday while the U.S. dollar edged lower, as investors shifted focus to upcoming policy meetings by the Bank of Japan (BOJ) and the Federal Reserve. Market sentiment remained cautious due...

BOJ Rate Decision in Focus as Yen, Inflation, and Nikkei Hang in Balance

The Bank of Japan (BOJ) is widely expected to keep interest rates unchanged at its April 28 policy meeting, maintaining the benchmark short-term rate at 0.75%. This would mark the third consecutive pause following a 25...

Asian Stock Markets Rally as Japan and South Korea Hit Record Highs Amid Oil Price Concerns

Asian stock markets opened the week on a positive note, with major indices in Japan and South Korea reaching record highs, supported by strong momentum from U.S. equities. However, gains across the region were tempered by...

Politics

King Charles and Queen Camilla Visit the U.S. Amid Political Tensions and Historic Milestone

King Charles III and Queen Camilla have begun a high-profile four-day visit to the United States, marking a significant moment in modern UK-US relations. The royal trip coincides with the 250th anniversary of the U.S....

Man Charged in Alleged Trump Assassination Attempt at White House Correspondents’ Dinner

A 31-year-old California man has been formally charged with attempting to assassinate U.S. President Donald Trump following a shooting incident at the White House Correspondents Association Dinner in Washington. The...

US and Iran Clash at UN Over Nuclear Program and NPT Conference Role

Tensions between the United States and Iran intensified at the United Nations as both countries exchanged sharp criticism over Tehrans nuclear program and its appointment as a vice president at a key nuclear conference....

White House Dinner Shooting Sparks Security Concerns and Succession Discussions

U.S. officials reviewed contingency plans, including the concept of a designated survivor and the presidential line of succession, ahead of the White House Correspondents Association (WHCA) dinner, according to White House...

US Envoy Urges Taiwan to Approve Defense Budget Amid Rising China Tensions

The United States top diplomat in Taiwan has called on the islands opposition-led parliament to approve a comprehensive defense budget, emphasizing the urgent need for advanced military systems such as integrated air and...

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

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 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

DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals

Chinese artificial intelligence startup DeepSeek has significantly reduced pricing for its latest AI models, signaling a more aggressive push in the rapidly evolving AI services market. The company announced that it has...

Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case

A Taiwan court has imposed a significant penalty on the local subsidiary of Japan-based Tokyo Electron, highlighting the islands strict stance on protecting critical semiconductor technologies. The court fined the company...

DeepSeek V4 Launch Signals China’s Growing AI Independence with Huawei Chips

DeepSeek, a fast-rising Chinese AI startup, has unveiled a preview of its highly anticipated V4 model, marking a major step toward Chinas technological independence. The new model, optimized for Huaweis Ascend chips,...

U.S. Warns Allies Over Alleged Chinese AI IP Theft Linked to DeepSeek

The U.S. State Department has launched a global diplomatic effort to highlight concerns over alleged intellectual property theft by Chinese artificial intelligence companies, including startup DeepSeek. According to a...

Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations

A U.S. federal judge has dismissed key fraud claims brought by Elon Musk in his high-profile lawsuit against OpenAI and its co-founder Sam Altman, marking a significant development in the ongoing legal battle. The ruling,...
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