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Fri, Apr 24, 2026 03:40 AM All times are UTC

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Saudi Arabia exported considerably more crude oil in June

Aug 20, 2015 10:11 am UTC| Commentary

The crude oil imports climbed by 465,000 barrels per day, which in itself was already enough to drive stocks up by 3.2 million barrels. Imports exceeded 8 million barrels per day for the first time since early April and...

Oil prices nose-dive after surprising build in US crude oil stocks

Aug 20, 2015 10:09 am UTC| Commentary

Oil prices came under massive pressure yesterday. Brent shed more than 3% and is trading this morning at a seven-month low of less than $47 per barrel. WTI fell by a good 4% yesterday, and at $40.3 per barrel now finds...

Norges Bank to lower short rates

Aug 20, 2015 09:24 am UTC| Commentary Central Banks

Norwegian economy growth has been below trend for a couple of years now and unemployment on the rise since 2013. This means that the economy already is in a situation with considerable slack and low wage pressure....

More rate cuts by Norges Bank to come

Aug 20, 2015 08:55 am UTC| Commentary

There is no doubt that the oil related weakness is hitting the Norwegian economy. Manufacturing production is falling due to lower production in industries producing capital goods for the oil industry. Unemployment is...

Weaker SEK to boost Sweden Inflation?

Aug 20, 2015 07:24 am UTC| Commentary

Just like Norges Bank, the Riksbank should be content, if for other reasons. It is hoping that a weaker krona might boost inflation. Following last weeks somewhat higher-than-expected inflation figures for July, the SEK...

PBoC conducts large short-term liquidity injection

Aug 20, 2015 07:23 am UTC| Commentary

PBoC set USD-CNY fixing rate at 6.3915 this morning, compared with yesterdays closing rate at 6.39563. In general, recent CNY fixing rates were quite stable. In the mean-time, the central bank conducted RMB120bn 7-day...

Norwegian economy continues to suffer

Aug 20, 2015 07:20 am UTC| Commentary Economy

Things are strange, at least for Norges Bank. While other G10 central banks have to cope with (too) low inflation and relatively healthy growth, Norges Bank has to deal with (too) high inflation and (too) low growth....

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Economy

Indonesia Fiscal Deficit Outlook: Fitch Signals Flexibility Amid Middle East War Risks

Indonesia may have limited room to exceed its legal fiscal deficit ceiling of 3% of GDP without facing an immediate credit rating downgrade, according to Fitch Ratings. The agency suggests that any breach would need to be...

Japan Inflation Rises in March Amid Energy Price Surge and Middle East Tensions

Japans consumer price index (CPI) inflation increased more than expected in March, driven largely by rising energy costs linked to geopolitical tensions in the Middle East. The latest government data shows that headline...

Asian Markets Mixed as Oil Prices Rise Amid Middle East Tensions and Ceasefire Uncertainty

Asian stock markets showed a mixed performance on Friday as rising oil prices and ongoing geopolitical tensions in the Middle East weighed on investor sentiment. A fragile ceasefire and stalled U.S.-Iran negotiations...

U.S. Stock Futures Edge Higher as Ceasefire Extension and Intel Earnings Lift Sentiment

U.S. stock index futures moved slightly higher বৃহস্পতিবার evening following a weaker session on Wall Street, as investors responded to geopolitical developments and strong corporate earnings. SP 500 Futures climbed 0.2%...

Oil Prices Surge Amid Escalating U.S.-Iran Conflict and Strait of Hormuz Tensions

Oil prices climbed during Asian trading on Friday, driven by growing concerns over a prolonged U.S.-Iran conflict and ongoing disruptions in the Strait of Hormuz. Market sentiment remains tense after U.S. President Donald...

Politics

US and EU Strengthen Critical Minerals Partnership to Reduce China Dependence

The United States and the European Union are set to sign a memorandum of understanding (MoU) aimed at strengthening cooperation on critical minerals, marking a strategic move to secure global supply chains and reduce...

U.S. Army Soldier Charged in $400K Insider Betting Scheme on Maduro Capture

A U.S. Army Special Forces soldier has been charged by the Justice Department for allegedly using classified information to profit from bets on the capture of Venezuelan leader Nicolas Maduro. According to federal...

Trump Administration Launches Civil Rights Probe into NYC Education Department Over Pro-Palestinian Educators

The Trump administration has initiated a civil rights investigation into the New York City Department of Education (NYCDOE), focusing on alleged discrimination linked to a pro-Palestinian educators group. The U.S....

Lebanon-Israel Ceasefire Extended as U.S. Pushes for Peace Talks

The Lebanon-Israel ceasefire has been extended for three more weeks following high-level negotiations hosted by U.S. President Donald Trump at the White House. The meeting brought together Israels ambassador to Washington,...

Trump Plans to Invite Putin to G20 Summit in Miami, Report Says

U.S. President Donald Trump is reportedly planning to invite Russian President Vladimir Putin to attend the upcoming G20 summit scheduled for December in Miami, according to a recent report by The Washington Post. The...

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

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

Intel Stock Surges as AI Chip Demand Drives Strong Q2 Forecast

Intel Corp delivered a bullish outlook for the second quarter of 2026, signaling a strong turnaround fueled by rising demand for AI data center chips. The company projected earnings per share (EPS) of $0.20, significantly...

Microsoft Commits $18 Billion to Expand AI and Cloud Infrastructure in Australia

Microsoft (NASDAQ: MSFT) has unveiled a major investment plan worth A$25 billion (approximately $18 billion) in Australia, signaling a significant push to strengthen its artificial intelligence (AI) and cloud computing...

Elon Musk Signals Intel 14A Chips for Tesla’s Terafab AI Semiconductor Venture

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk revealed new details about the companys ambitious semiconductor plans, confirming that the Terafab joint venture intends to leverage Intels advanced 14A chip manufacturing process....

Tesla Earnings Beat Expectations as EV Growth Holds Amid Robotics and AI Shift

Tesla reported stronger-than-expected first-quarter 2026 earnings, driven largely by resilience in its core electric vehicle business, even as the company continues shifting focus toward artificial intelligence, robotics,...

SK Hynix Reports Record Q1 Profit Surge Driven by AI Memory Chip Demand

SK Hynix Inc. (KS:000660) delivered a standout performance in the first quarter, reporting a dramatic surge in operating profit that exceeded market expectations. The South Korean semiconductor giant benefited...