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Sat, Feb 07, 2026 03:08 AM All times are UTC

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Algeria calls Non-OPEC countries to cut output

Aug 18, 2015 09:24 am UTC| Commentary

The oversupply would then total a good 2 million barrels per day next year even if the call on OPEC climbs to 30.8 million barrels per day as the IEA envisages. OPEC seems like a toothless tiger in the face of this...

Iran expects further rise in OPEC production

Aug 18, 2015 09:21 am UTC| Commentary

Oil prices are still under pressure, and it now seems only a matter of time before Brent slips below the 6½-month low of a good $48 per barrel that it recorded a week ago and WTI falls below the 6½-year low...

China currency reform or competitive devaluation?

Aug 18, 2015 09:11 am UTC| Commentary

There are two schools of thought on why China chose to act now. One is that the country is merely moving towards a market-based exchange rate mechanism, given its hopes for SDR inclusion, RMB internationalization and...

Euro area PMIs to soften in August

Aug 18, 2015 08:12 am UTC| Commentary

The Euroarea manufacturing PMI data for August is scheduled to release on 21st August. The data is expected to soften from 52.4 to 51.6 in August, with only France eking out a small gain in its manufacturing PMI...

PBoC’s intervention reflects expectation of a weaker Chinese Yuan

Aug 18, 2015 07:36 am UTC| Commentary Central Banks

PBoC set USD-CNY fixing rate at 6.3966 this morning, compared with previous clos-ing of 6.3949. In the meantime, Chinas central bank injected RMB120bn cash into the market via 7-day reverse repo, compared with todays...

Turkish Lira to remain under pressure

Aug 18, 2015 07:34 am UTC| Commentary

CBRT are likely to keep rates on hold at 7.5% (repurchase rate) and 10.75% (Over-night lending rate) at todays MPC meeting. Governor Basci already signalled that while the central bank will seek to amend its overall...

No rate hike pressure in the UK

Aug 18, 2015 07:21 am UTC| Commentary

Recent, more dovish statements by the Bank of England have dampened rate-hike expectations in the UK. Sterling suffered, of course. Today, the ONS will release several inflation series for July. None of them is likely...

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Economy

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination

Gold and silver prices climbed on Friday, closing out an exceptionally volatile week in the precious metals market following a historic selloff. The turbulence was sparked by the nomination of former Federal Reserve...

RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal

The Reserve Bank of India (RBI) on Friday kept its key repo rate unchanged at 5.25%, a widely expected decision that reflects confidence in Indias strong economic growth and easing external pressures following a major...

Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm

Japans economy is widely expected to have returned to growth in the final quarter of 2025, supported by strong corporate investment and resilient consumer spending, according to a recent Reuters poll of economists. The...

Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election

Asian stock markets mostly declined on Friday, tracking sustained losses in global technology shares and a weak lead from Wall Street, while Japanese equities managed to stabilize ahead of a closely watched national...

Politics

Trump Signs “America First Arms Transfer Strategy” to Prioritize U.S. Weapons Sales

U.S. President Donald Trump has signed a new executive order reshaping how the United States prioritizes foreign military sales, marking a major shift in long-standing U.S. arms export policy. The order establishes the...

TrumpRx.gov Highlights GLP-1 Drug Discounts but Offers Limited Savings for Most Americans

President Donald Trump has launched a new prescription drug pricing website, TrumpRx.gov, aiming to showcase his administrations efforts to reduce drug costs in the United States. The website focuses heavily on negotiated...

U.S. to Begin Paying UN Dues as Financial Crisis Spurs Push for Reforms

The United States will make an initial payment toward the billions of dollars it owes the United Nations within weeks, according to comments made by U.S. Ambassador Mike Waltz in a recent interview with Reuters. The move...

Norway Opens Corruption Probe Into Former PM and Nobel Committee Chair Thorbjoern Jagland Over Epstein Links

Norways economic crime police unit, Økokrim, has opened an investigation into former prime minister and former Norwegian Nobel Committee chairman Thorbjoern Jagland on suspicion of aggravated corruption, authorities...

Iran–U.S. Nuclear Talks in Oman Face Major Hurdles Amid Rising Regional Tensions

Iran and the United States are preparing for high-stakes nuclear negotiations in Oman on Friday, but deep disagreements over the agenda and escalating regional tensions suggest that meaningful progress will be difficult....

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....