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Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

Nov 23, 2020 13:12 pm UTC| Commentary

Australian private new capital expenditure is expected to have dropped further by 1 percent on a quarter-on-quarter basis in the third quarter of 2020, noted ANZ in a research report. Private new capital expenditure had...

U.S. existing home sales rise above expectations in October

Nov 19, 2020 18:38 pm UTC| Commentary

Existing home sales in the U.S. surged above expectations in the month of October. Sales grew 4.3 percent to 6.85 million units, as compared with a modest pullback to 6.46 million. This is the fifth straight monthly gain...

Philippine central bank cuts key policy rate by 25 bps, likely to further cut rates in 2021

Nov 19, 2020 17:30 pm UTC| Commentary Central Banks

The Philippine central bank, BSP, lowered its overnight reverse repurchase rate by 25 basis points to 2 percent. The curt was linked to unfavourable external and domestic factors, such as elevated global uncertainty,...

Bank Indonesia lowers interest rate by 25 bps to 3.75 pct, unlikely to cut further

Nov 19, 2020 16:25 pm UTC| Commentary Central Banks

Indonesian central bank lowered its key policy rate by 25 basis points to 3.75 percent. Todays cut is the first since July. The decision to cut rate reflects a desire to help the economic rebound and comes on the back of a...

U.K.’s headline inflation accelerates in October, likely to remain below 1 pct until Q1 2021

Nov 18, 2020 14:46 pm UTC| Commentary

U.K.s headline inflation accelerated surprisingly in the month of October. The consumer price inflation came in at 0.7 percent year-on-year, an acceleration from Septembers 0.5 percent. Upward influences were seen...

Bank of Thailand keeps key policy rate on hold at 0.50 pct

Nov 18, 2020 12:30 pm UTC| Commentary Central Banks

The Thai central bank stood pat today during its meeting, as expected. In a unanimous decision, the policy rate was kept on hold at 0.50 percent. This meeting was the first under Governor Sethaput SuthiwartNarueput and the...

Gold prices ease as vaccine hopes offset worries about second coronavirus wave

Nov 17, 2020 07:11 am UTC| Commentary

Gold prices edged lower as optimism over positive developments around a second possible COVID-19 vaccine offset investor concerns over spiking coronavirus cases globally. Spot gold traded down at $1,888.18 per ounce by...

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Economy

New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election

New Zealands economic outlook has become increasingly complicated as rising inflation and elevated unemployment place the Reserve Bank of New Zealand (RBNZ) under growing pressure ahead of the closely contested 2026...

China Inflation Misses Forecast as Consumer Spending Stays Weak, Producer Prices Surge

Chinas inflation data for May 2026 highlighted continued weakness in consumer spending, while factory-gate prices climbed at their fastest pace in nearly four years due to rising energy costs linked to ongoing Middle East...

Asian Stocks Slide, Oil Prices Climb as Middle East Tensions and Inflation Fears Shake Markets in 2026

Asian stock markets declined on Wednesday while oil prices advanced as escalating tensions in the Middle East fueled investor concerns and weakened confidence across global financial markets. The renewed conflict has...

Japan Producer Prices Surge in May, Strengthening Expectations of BOJ Rate Hike

Japans producer prices increased more than expected in May, highlighting ongoing inflationary pressures driven by rising energy and raw material import costs. Fresh data released by the Bank of Japan (BOJ) showed that the...

US Stock Futures Slip as New Iran Strikes Weigh on Market Sentiment Ahead of Inflation Data

U.S. stock index futures moved lower on Tuesday evening as renewed military action involving Iran dampened investor confidence and raised fresh concerns about geopolitical stability. Market participants are also closely...

Politics

Trump Administration Urges Judge to Allow UFC Event on White House Lawn

The Trump administration has asked a federal judge to reject a legal challenge seeking to stop a planned Ultimate Fighting Championship (UFC) event on the White House South Lawn, arguing that the event is lawful and that...

Randy Villegas Advances to Face David Valadao in Key California Congressional Race

Democratic challenger Randy Villegas, an educator and community advocate, is projected to advance to the November general election following Californias open primary election held on Tuesday. According to U.S. media...

US Voters Prioritize Party Loyalty Over Candidate Controversies, Reuters/Ipsos Poll Finds

A new Reuters/Ipsos poll suggests that most American voters are unlikely to abandon their preferred political partys candidate, even when serious controversies surround them. The findings highlight the growing political...

Trump Nears Decision on Permanent U.S. Intelligence Chief as FISA Renewal Faces Senate Resistance

President Donald Trump is reportedly close to selecting a permanent Director of National Intelligence (DNI), according to U.S. House Speaker Mike Johnson, as lawmakers debate the future of a key U.S. surveillance law set...

Steve Hilton and Xavier Becerra Advance to California Governor Election After Primary Results

Republican political commentator Steve Hilton and Democrat Xavier Becerra have officially advanced to Californias November 3, 2026, gubernatorial election after emerging as the top two candidates in the states June 2 open...

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

Meta Partners With Reliance to Launch First AI-Powered Data Center in India

Meta Platforms, the parent company of Facebook, has announced a major partnership with Reliance Industries to establish its first AI-enabled data center in India, marking a significant step in the companys expansion across...

OpenAI Eyes Massive 10GW Ohio Data Center Campus in Potential $500 Billion AI Infrastructure Deal

OpenAI is reportedly in discussions to lease a proposed 10-gigawatt data center campus in Ohio, a project that could become one of the largest artificial intelligence infrastructure developments ever undertaken. According...

SpaceX IPO Demand Surges Past $250 Billion Ahead of Historic Market Debut

SpaceX, the aerospace company founded by Elon Musk, is attracting unprecedented investor interest ahead of what could become the largest initial public offering (IPO) in history. According to a Reuters report, investor...

Trump Administration Defends Anthropic AI Restrictions in Ongoing Federal Lawsuit

The Trump administration has defended its decision to restrict the use of Anthropics artificial intelligence products, arguing in a new court filing that the federal government acted lawfully after the AI company resisted...

OpenAI Files Confidential IPO Draft as AI Giants Race Toward Public Markets

OpenAI has confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), taking a major step toward a potential initial public offering (IPO). The move positions the...
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