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Wed, Oct 14, 2026 02:51 AM All times are UTC

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US home prices fell for a fourth month in a row in July

Sep 30, 2015 02:21 am UTC| Commentary

Case-Shiller home prices fell for a fourth month in a row in July. The 0.1% (MoM, sa) drop left on-year price appreciation at 5% for the country as a whole. The drop is puzzling given that most other housing data - sales,...

Reserve Bank of India surprises with a 50bps cut

Sep 30, 2015 02:15 am UTC| Commentary Central Banks

The Reserve Bank of India (RBI) surprisedwith a 50bps cut in the Repo rate to 6.75% on Tuesday vs expectations of a 25bps reduction. This bunched-up move was likely driven by three reasons: a) comfort with the evolving...

Immediate results from new Indonesia's policy measures unknown

Sep 30, 2015 01:57 am UTC| Commentary

In a bid to boost US dollar liquidity onshore, the Indonesian government has announced plans to cut tax on interest income (currently at 20% for all bank deposits) for exporters who deposit their earnings in local banks....

The dichotomy between falling exports and recovering domestic demand in South Korea

Sep 30, 2015 01:44 am UTC| Commentary Economy

The trade and production data are due tomorrow. It has been reported that exports contracted 7.0% (YoY) in the first 20 days of Sep15, a smaller decline compared to -12.1% in the same period of Aug15. But the full-month...

New Zealand businesses confidence up, but still low in September

Sep 30, 2015 00:52 am UTC| Commentary

After falling for the past five months, business confidence picked up in September. Given the extent of the recent falls in confidence, as well the recent recovery in dairy prices, some recovery in confidence is...

Chile unemployment rate to rise further in August

Sep 30, 2015 00:26 am UTC| Commentary

Chile employment growth in July was the sharpest in fifteen months but, with the labour force having posted its sharpest rise in eight months, the unemployment rate rose from 6.5% to 6.6% (actually from 6.52% to 6.57%). A...

South Korea's inflation expected to rise slightly in September

Sep 29, 2015 23:43 pm UTC| Commentary

South Koreas headline and core inflation are likely to have rebounded slightly on a year-on-year basis in September. Month-on-month headline inflation is expected at just 0.1%. The rise in fresh food prices ahead of the...

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Economy

US Dollar Index Falls as Fed Signals Caution, Indian Rupee Surges

The U.S. dollar weakened on Tuesday as cautious comments from a Federal Reserve official and gains in the euro pressured the greenback. Meanwhile, the Indian rupee extended its sharp recovery, reaching its strongest level...

Gold Prices Mixed Ahead of US Inflation Data and Fed Rate Outlook

Gold prices ended Tuesdays trading session mixed as investors assessed a weaker U.S. dollar, declining Treasury yields, and fluctuating oil prices ahead of crucial U.S. inflation reports that could influence the Federal...

Fed’s Williams Sees One More Rate Hike in 2026, None in 2027

Federal Reserve Bank of New York President John Williams said Tuesday that he continues to support one additional interest rate hike in 2026 but does not anticipate further increases in 2027, citing expectations that...

Oil Prices Mixed as Russia Diesel Deal and Houthi Attacks Raise Supply Concerns

Oil prices traded mixed on Tuesday as investors assessed the impact of a U.S.-Russia diesel supply agreement alongside growing concerns about Middle East oil disruptions following escalating Houthi attacks in Yemen and...

Wall Street Closes Lower as Bank Earnings and AI Concerns Weigh

Wall Street stocks ended slightly lower on Tuesday, October 13, as mixed bank earnings and growing concerns over Chinese artificial intelligence competition pressured investor sentiment ahead of key U.S. inflation data....

Politics

US Senate Midterms 2026: Key Races That Could Flip Control

The 2026 US Senate midterm elections are shaping up to be a competitive battle as Democrats seek to overturn Republicans 53-47 majority. With Election Day approaching, several closely contested races could determine which...

Trump Denies China, Russia Are Helping Iran in War

US President Donald Trump has dismissed claims that China and Russia are supporting Iran in its ongoing war with the United States, despite American intelligence assessments suggesting both countries have provided military...

Zelenskiy Says Ukraine Received No Warning Before Russian Missile Attack

Ukrainian President Volodymyr Zelenskiy said Tuesday that Western allies failed to provide advance warning of a Russian missile attack on Kyiv, raising concerns about Ukraines access to critical intelligence as Washington...

US Supreme Court Denies Release of Anti-ICE Activist Kyle Wagner

The US Supreme Court on Tuesday rejected a request for the pretrial release of Kyle Wagner, an anti-ICE activist accused of making online threats during a federal immigration crackdown in Minneapolis. The decision keeps...

Flavio Bolsonaro Backs Brazil’s 40-Hour Workweek Reform Ahead of Runoff

Brazilian Senator Flavio Bolsonaro has reversed his opposition to a proposed labor reform that would shorten the countrys workweek, a politically significant move ahead of his presidential runoff against incumbent...

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

New York Times, AFP Join Coalition to Protect Content From AI

The New York Times, Agence France-Presse (AFP), and The Economist have joined a growing international coalition seeking to protect publishers copyrighted content from unauthorized use by artificial intelligence companies....

AT&T Sells Mexico Wireless Business to Televisa for $2 Billion

ATT Inc. (NYSE: T) has agreed to sell its Mexican wireless operations to Grupo Televisa SAB (NYSE: TV) and Fintech Holdings Inc. for $2 billion in cash, ending its decade-long effort to compete in Mexicos...

Arm Shares Fall Over 3% After Qualcomm Wins License Dispute

Arm Holdings shares dropped more than 3% on Tuesday, October 13, after a Delaware jury ruled in favor of Qualcomm in a breach of contract lawsuit, marking another setback for the British chip technology company in its...

Arm Breaches Qualcomm License Deal, Jury Awards $2

A Delaware jury has ruled that Arm Holdings violated its licensing agreement with Qualcomm and intentionally interfered with the chipmakers business relationship with Meta Platforms. However, the jury awarded Qualcomm just...

Nvidia Invests in Four French AI Companies to Expand European Presence

Nvidia Corp is expanding its presence in Europes artificial intelligence market through agreements to acquire minority stakes in four French technology companies, according to a report published Tuesday by French newspaper...