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Thu, Apr 23, 2026 02:22 PM All times are UTC

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South Korea July inflation: A tale of higher food and transport costs

Aug 04, 2015 02:37 am UTC| Commentary

South Korea inflation came in at 0.7% y/y for July (June: 0.7%; May: 0.5%), in line with consensus. Similar to June, food inflation remained the key driver on the back of the severe drought which weighed on agriculture...

China's equity sell-off could spark a chain reaction

Aug 04, 2015 01:21 am UTC| Commentary

The stock market is one of three alarming bubbles in the Chinese economy. A domino effect from the stock market nosedive to the larger credit and property bubbles is unlikely, but not impossible. The government is expected...

US clearing another hurdle: Core inflation stable

Aug 04, 2015 00:29 am UTC| Commentary

Headline PCE rose 0.2% m/m, supported by both core and non-core components. Core PCE was up 0.1% m/m (0.148% unrounded), consistent with moderately firming price pressures. Food prices were up 0.3% m/m after declining for...

BoE interest rate decision: Subtle hints of small hikes?

Aug 03, 2015 23:24 pm UTC| Commentary

The BoE has been serving all its recent talk of rate hikes with a side of gradualism and a 10bp first hike is an easy way for the BoE to effectively implement this message. In Julys Minutes, the BoE appeared to suggest the...

BoE to cut near-term inflation forecasts

Aug 03, 2015 22:49 pm UTC| Commentary

Lower oil prices and higher sterling will likely lead to a cut in the BoEs very near-term inflation forecasts. Assuming oil prices stay where they are, inflation could bobble around 0.1% until October. That probably rules...

UK: Rate hikes are coming, but not likely till next year

Aug 03, 2015 22:20 pm UTC| Commentary

The UK rate hikes are coming, but not likely till next year, this is the bottom line expected from Super Thursday when the Bank of England (BoE) simultaneously publishes its interest-rate decision, the minutes of its...

UK: Rate hikes are coming, but not likely till next year

Aug 03, 2015 22:11 pm UTC| Commentary

That is the bottom line expected from Super Thursday when the Bank of England (BoE) simultaneously publishes its interest-rate decision, the minutes of its policy meeting, and the Quarterly Inflation Report forecasts...

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Economy

Indian Cotton Yarn Exports Surge as China Demand Rises Amid Global Supply Disruptions

Global supply chain challenges and fuel disruptions caused by the ongoing Middle East conflict have negatively impacted many Indian manufacturing sectors. However, Indias cotton yarn industry is experiencing a significant...

European Car Sales Surge in March as EV and Hybrid Demand Accelerates

European car sales recorded a strong rebound in March, driven largely by rising demand for electric vehicles (EVs) and hybrid cars. According to data released by the European Automobile Manufacturers Association (ACEA),...

Foreign Investors Drive Surge in Japanese Stocks Amid AI Rally and Improved Risk Sentiment

Japanese stocks experienced a strong wave of foreign investor inflows in the week ending April 18, supported by a rally in artificial intelligence-related companies and improving global risk sentiment. Optimism surrounding...

Nikkei Retreats After Brief 60,000 Break as Profit-Taking and Geopolitical Risks Weigh

Japans Nikkei 225 share average reversed gains on Thursday after briefly surpassing the key 60,000 level, as investors moved to lock in profits following an early surge fueled by technology stocks and optimism surrounding...

Bank of Japan Signals Potential Rate Hike as Inflation Risks Rise Amid Energy Shock

The Bank of Japan (BOJ) is widely expected to keep its interest rates unchanged at its upcoming April 2728 policy meeting, while signaling a possible rate hike as early as June or July. With global markets already pricing...

Politics

Taiwan Coast Guard Conducts Rare Drill on Disputed South China Sea Island

Taiwan has carried out a rare high-level visit and military-style exercise on Itu Aba, a Taiwan-controlled island in the contested South China Sea, highlighting growing regional tensions. The visit was led by Ocean Affairs...

Zelensky Warns Ukraine Could Face Patriot Missile Supply Risks Amid Prolonged Iran Conflict

Ukrainian President Volodymyr Zelensky has raised concerns that Ukraines access to critical U.S. anti-missile defense systems, particularly Patriot missiles, could be at risk if tensions in the Middle Eastespecially...

Navy Secretary John Phelan Fired Amid Pentagon Leadership Shakeup and Shipbuilding Concerns

Navy Secretary John Phelan has been dismissed from his role, according to U.S. officials, marking another major leadership change within the Pentagon during a period of heightened military tension. The Pentagon confirmed...

Florida Governor Ron DeSantis Signs Law Restricting DEI Programs and Climate Initiatives

Florida Governor Ron DeSantis has signed a new law that restricts local governments from funding or promoting diversity, equity, and inclusion (DEI) initiatives, marking a significant shift in state policy. The legislation...

Senate Republicans Push $70B Immigration Funding Plan Amid DHS Shutdown Standoff

U.S. Senate Republicans moved forward Wednesday with a $70 billion funding proposal aimed at supporting Immigration and Customs Enforcement (ICE) and U.S. Border Patrol operations over the next three years, intensifying a...

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

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...

Florida Launches Criminal Probe Into OpenAI Over FSU Shooting Incident

Florida Attorney General James Uthmeier announced Tuesday that the state has opened a criminal investigation into OpenAI and its AI chatbot, ChatGPT, following a deadly shooting at Florida State University last year. The...