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Thu, Apr 23, 2026 03:19 AM All times are UTC

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UK policy mix to be dominated by fiscal policies

Jul 23, 2015 01:06 am UTC| Commentary

In terms of fiscal policy, we have aligned our forecast with the governments plans but only for the first two years (structural consolidation of 0.9% and 1.3% of GDP in 2015-16 and 2016-17, respectively) as we believe that...

Greece back in deep recession

Jul 23, 2015 00:28 am UTC| Commentary Economy

While the worst-case outcome may have been averted in the short run, macroeconomic conditions have deteriorated significantly during five months of unsuccessful talks. With banks having been closed for three weeks, they...

Spanish economic growth beating expectations

Jul 22, 2015 23:49 pm UTC| Commentary

Economic activity continues to beat most market expectations. The Spanish economy grew by 0.9% q/q in Q1 15. As in other EA economies, private consumption was the main driver, even if private sector investment and public...

Spain: Improving financial conditions and housing market

Jul 22, 2015 23:34 pm UTC| Commentary

Spains improving financing and credit conditions will remain supportive of growth. SME funding and new credit to households continue to grow. Gross household loans rose 3.2% in April and SME loans (up to EUR1mn) grew above...

RBNZ cut the OCR by 25bp to 3.00%

Jul 22, 2015 23:19 pm UTC| Commentary Central Banks

The RBNZs OCR Review this morning cut the OCR by 25bp to 3.00%, and said more easing was likely. Westpac Research notes: The crucial guidance paragraph read: A reduction in the OCR is warranted by the softening in...

Preliminary signs that the Italian labour reform is already at play

Jul 22, 2015 23:03 pm UTC| Commentary

The latest encouraging set of labour market data shows the reform approved by the government at the beginning of March has already started to produce positive effects.The reform has already helped reduce labour market...

French business confidence gains bode well for a rebalancing of the recovery

Jul 22, 2015 22:39 pm UTC| Commentary

Despite some divergence in June, French business confidence indicators continued to improve, with INSEE, Bank of France and PMIs climbing 2.3pts, 2.4pts and 1pt, respectively during Q2 15. This upward trend was supported...

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Economy

Gold Prices Edge Higher Amid Middle East Tensions and Ceasefire Uncertainty

Gold prices inched higher on Wednesday as investors balanced geopolitical developments in the Middle East with shifting market sentiment and a slightly stronger U.S. dollar. Spot gold rose 0.4% to $4,740.15 per ounce,...

New Zealand Labour Backs India Free Trade Deal, Boosting Chances of Parliamentary Approval

New Zealands opposition Labour Party has announced it will support the proposed free trade agreement (FTA) with India, significantly increasing the likelihood of the deal passing through parliament. The decision comes...

Iran Tightens Grip on Strait of Hormuz as Oil Prices Surge

Tensions in the Middle East escalated after Iran seized two vessels in the Strait of Hormuz, a critical global shipping route, intensifying the ongoing U.S.-Iran conflict and disrupting international oil supply chains. The...

Global Energy Crisis: Iran Conflict Triggers Record Oil Supply Shock

The ongoing U.S.-Israeli conflict with Iran has triggered an unprecedented global energy crisis, marked by the largest daily oil supply disruption in history. The closure of the Strait of Hormuz has significantly reduced...

U.S. Freezes Dollar Transfers to Iraq, Pressures Government Over Iran-Backed Militias

The United States has reportedly halted U.S. dollar shipments to Iraq and paused key security cooperation programs as part of a broader effort to pressure Baghdad into addressing the influence of Iran-backed militias...

Politics

U.S. Criticizes Airspace Denials to Taiwan President as China Influence Grows

The United States has raised concerns after several African nations reportedly revoked overflight clearances for Taiwans president, calling the move a misuse of international aviation systems and an example of growing...

Mexico Senate Seeks Answers on Deadly Chihuahua Crash Involving U.S. and Mexican Officials

A Mexican Senate committee has formally requested key officials from the state of Chihuahua to provide detailed information a fatal car crash that resulted in the deaths of two U.S. officials and two Mexican officials. The...

Argentina Proposes Electoral Reform to Cut Costs and End Mandatory Primaries

Argentinas government has introduced a sweeping electoral reform bill aimed at reducing public spending, increasing transparency, and tightening political party regulations. The proposal, submitted to Congress on...

Israeli Airstrike in Northern Gaza Kills Five Palestinians Amid Fragile Ceasefire

An Israeli airstrike in northern Gaza has killed five Palestinians, including three children, according to local health officials, marking another deadly incident despite an ongoing ceasefire agreement. The strike...

Trump Administration Proposes New Rule to Limit Joint Employer Liability

The Trump administration has introduced a proposed rule that could significantly reshape how companies are held accountable for labor violations involving contractors and franchise workers. Announced by the U.S. Department...

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

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...

Meta Expands AI Training With Employee Activity Tracking Tools

Meta is advancing its artificial intelligence strategy by introducing new internal tracking software designed to capture employee interactions on workplace systems. The initiative, known as the Model Capability Initiative...

SK Hynix to Invest $13 Billion in AI Chip Packaging Facility

South Koreas SK Hynix is accelerating its push into the artificial intelligence semiconductor market with a major new investment aimed at strengthening its global competitiveness. The company announced plans to invest...

Nvidia Pushes 800V Data Center Power Systems to Boost Efficiency and Cut Costs

NVIDIA Corporation (NASDAQ: NVDA) is reportedly exploring next-generation data center power solutions by engaging major South Korean power equipment manufacturers to develop higher-voltage infrastructure. According to The...