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Thu, Apr 23, 2026 04:29 AM All times are UTC

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UK employment fall and unemployment rise to be the turning points?

Jul 22, 2015 04:29 am UTC| Commentary

The unexpected rise in the UK unemployment rate from 5.5% to 5.6% in the three months to May, may be explained by the rise in UK productivity, if sustained in Q2. The increase in unemployment was only 15k as employment...

Asian stocks drop after Wall Street Ends in red, Yen gains

Jul 22, 2015 04:22 am UTC| Commentary

Asian equity markets were trading with heavy losses as the markets opened on Wednesday, weighed down by weak cues from US markets overnight and a stronger Japanese yen.Japans benchmark Nikkei 225 index tumbled 1.01% to...

Daily Economic Outlook: 22nd July, 2015

Jul 22, 2015 04:11 am UTC| Commentary

The July Bank of England MPC meeting took place amid heightened global economic uncertainty relating to Greece and the sharp correction in Chinese equities. The minutes of that meeting, released today, are therefore...

AUDUSD is hovering around $0.7400 after RBA Governor Steven’s speech

Jul 22, 2015 04:01 am UTC| Commentary

Australias central bank governor admitted on Wednesday that the lower Australian dollar was starting to have a positive impact on growth, but that the transition was slower than they had anticipated.Stevens went so far as...

UK earnings growth picking up and likely to continue

Jul 22, 2015 03:50 am UTC| Commentary

As UK inflation is surprising slightly to the downside, the earnings growth is found to be gathering steam. This factor should make itself felt in the services component of inflation which is more domestically...

UK Inflation falls back to zero, the exchange rate effect is at the heart of this

Jul 22, 2015 03:48 am UTC| Commentary

The rate of UK inflation fell back from 0.1% yoy to 0.0% precisely in June. That seems innocuous enough but the details provide some insights into the price outlook. The impact of the rise in the pound last year on UK...

Strong pound to weigh on UK manufacturing output?

Jul 22, 2015 03:46 am UTC| Commentary

Even though momentum in the UK economy remains strong, the manufacturing sector is struggling to benefit from this. Output fell by 0.4% mom in April and then by a further 0.6% in May. Exports might be getting hurt by the...

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Economy

USDA Plans to Expand Farmer Surveys to Improve Crop Report Accuracy

The U.S. Department of Agriculture (USDA) is taking steps to improve the accuracy of its crop reports by increasing the number of farmers surveyed, following concerns over declining participation rates and data...

New Zealand Economy Faces Short-Term Pressure but Recovery Remains on Track

New Zealands economic recovery is facing delays but remains intact, according to Finance Minister Nicola Willis, as rising global oil prices linked to the Iran conflict continue to impact fuel costs, business confidence,...

Asian Stocks Surge to Record Highs as Wall Street Rally Offsets Oil Price Concerns

Asian stock markets climbed sharply on Thursday, tracking strong gains on Wall Street as investors focused on robust corporate earnings and largely ignored rising oil prices and geopolitical tensions in the Gulf. Major...

Stock Futures Dip as S&P 500, Nasdaq Hit Record Highs Amid Rising U.S.-Iran Tensions

U.S. stock index futures moved slightly lower on Wednesday evening after major benchmarks, including the SP 500 and Nasdaq Composite, closed at fresh record highs. Investors remained cautious as geopolitical tensions...

Oil Prices Rise as U.S.-Iran Tensions and Strait of Hormuz Disruptions Persist

Oil prices climbed during Asian trading on Thursday, supported by ongoing geopolitical tensions between the United States and Iran and continued disruptions in the Strait of Hormuz. The lack of progress in diplomatic...

Politics

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...

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...

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...

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

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...

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...