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Fri, Dec 05, 2025 09:19 AM All times are UTC

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Taiwan’s final Q1 GDP estimate likely to affirm growth contraction of 5.9 pct

May 27, 2020 18:47 pm UTC| Commentary

Taiwans final GDP estimate for the first quarter is set to release tomorrow. According to a DBS Bank research report, the final GDP estimate is expected to reconfirm that the economy has shrunk 5.9 percent...

National Bank of Poland likely to stand pat, inflation to have eased in May on lower oil prices

May 27, 2020 18:20 pm UTC| Commentary

The Polish central bank is set to meet tomorrow for its interest rate decision. According to an Erste Group Research report, the National Bank of Poland is expected to keep rates stable in spite of the negative surprise...

Bank of Korea likely to cut interest rate by 25 bps to 0.50 in May

May 27, 2020 16:32 pm UTC| Commentary

The Bank of Korea is set to meet tomorrow for interest rate decision. According to a DBS Bank research report, the central bank is likely to lower the key interest rates by 25 basis points to 0.50 percent. Although...

Indian economy to gradually start recovering by Q4, RBI may further cut rates by 25-50 bps

May 27, 2020 16:14 pm UTC| Commentary

The USD/INR pair eased a bit yesterday to 75.70 and reversed all of the gains last Friday after the Reserve Bank of Indias unexpected rate cut of 40 basis points to 4 percent, noted Commerzbank in a research report. RBI...

Norwegian retail sales grow sequentially in April

May 27, 2020 13:30 pm UTC| Commentary

Norwegian retail sales grew 4.8 percent sequentially in April, adjusted for normal seasonal variations. Consensus expectations were for a fall of 0.9 percent. The goods consumption index, which also includes car sales,...

Australia’s construction work falls at smaller than expected rate in Q1, pandemic impact on activity to be apparent in Q2

May 27, 2020 12:29 pm UTC| Commentary

Construction work in Australia dropped 1 percent quarter-on-quarter in the first quarter. Even if this was a smaller fall than expected, it is likely to still detract from the first quarter growth of GDP, noted ANZ in a...

Blockchain Revolution Series: Tencent Holdings To Invest Huge For Tech-Infra Including Blockchain, AI & Cyber Security

May 27, 2020 08:24 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

China-based IT giant Tencent Holdings is most likely to invest approximately about $70 billion in fintech space, such as blockchain, artificial intelligence (AI) and cyber security. WeChat messaging app is the prime...

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Economy

Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures

Spains industrial sector posted a moderate yet encouraging rise in October, with industrial output increasing 1.2% compared to the same month last year, according to new data released by the National Statistics Institute...

European Stocks Rise as Markets Await Key U.S. Inflation Data

European stock markets edged higher on Friday as investors looked ahead to the delayed release of the Federal Reserves preferred inflation metric, a key indicator ahead of next weeks policy meeting. By early European...

European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure

European oil and gas equities are entering 2026 on a more cautious footing as J.P. Morgans latest EU Oils Outlook highlights tightening valuations and growing concerns over a projected global oil oversupply. Despite Brent...

Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth

Germanys economic outlook remains cautious, with a new forecast from the German Economic Institute (IW) indicating only modest improvement in 2025 as global trade falters and domestic financial pressures intensify....

Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data

Japans Nikkei 225 slid on Friday, erasing its gains for the week and diverging from mostly positive Asian markets as investors turned cautious ahead of a crucial U.S. inflation reading that could influence the Federal...

Politics

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

China’s Expanding Maritime Military Presence Alarms Taiwan and Japan

Taiwan and Japan expressed growing concern on Friday over Chinas expanding military activity across East Asian waters, following a Reuters report revealing Beijings largest maritime deployment to date. According to...

Honduras Election Turmoil Intensifies as Nasralla Blames Trump for Shift in Results

Honduran presidential candidate Salvador Nasralla says last-minute interference by former U.S. President Donald Trump undermined his chances in the countrys tightly contested election. Speaking with Reuters, Nasralla, a...

Australia and Japan Strengthen Defence Cooperation Amid Rising Regional Tensions

Australian Defence Minister Richard Marles will travel to Japan on Saturday for high-level defence talks with his counterpart, Shinjiro Koizumi, as both nations deepen security cooperation in response to growing regional...

U.S. Justice Department Orders Intensified Probe Into Antifa and Domestic Extremist Groups

U.S. Attorney General Pam Bondi has directed federal law enforcement agencies to significantly ramp up investigations into the antifa movement and other groups deemed potential domestic extremist threats, according to an...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...