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Sun, Apr 19, 2026 11:25 PM All times are UTC

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Speculative financial investors are getting more cautious on Brent

Jun 23, 2015 09:42 am UTC| Commentary

Brent is currently priced at $63.3 per barrel, i.e. more at the bottom end of the corridor in which it has been trading since mid-April.The possibility of agreement being reached in the debt dispute with Greece has not...

National Bank of Hungary likely cut benchmark rate by 15bp today

Jun 23, 2015 09:31 am UTC| Commentary

Hungarian inflation is likely to accelerate during 2016: there are obvious base-effects from utility price cuts, which are now beginning to boost inflation; and NBH forecasts core inflation to accelerate to 3% during 2016,...

Vietnam Q2 GDP and June data likely to show steady growth

Jun 23, 2015 08:55 am UTC| Commentary

Vietnam to release Q2-2015 GDP data and key June data from 25-30 June, and June inflation data on 24 June.The FDI outlook is encouraging given the countrys rising profile as a regional manufacturing hub."A steady GDP...

Falling house prices make the RBA's life easier

Jun 23, 2015 08:45 am UTC| Commentary

House prices in Australia rose much more slowly in Q1 than expected. The property price is growing at a rate of 6.9% yoy, but there is no risk of rising to double digit, says Commerzbank.That means that one major stumbling...

BoJ’s May minutes to focus more on its inflation outlook

Jun 23, 2015 08:42 am UTC| Commentary

The Bank of Japan (BoJ) scheduled to release the minutes of its 21-22 May meeting on 24 June.The central bank kept the annual increase in the monetary base unchanged at JPY 80tn at this meeting. The post-meeting statement...

Landscape for US durable goods orders to begin improving gradually

Jun 23, 2015 06:59 am UTC| Commentary Economy

After two quarters of weakness, US durable goods orders are expected to show a bottoming in capex spending. The manufacturing ISM rose modestly in May and the diffusion index for new orders has now posted two...

US growth rate likely below 2% in recent years

Jun 23, 2015 06:55 am UTC| Commentary

Despite modest economic growth, the US unemployment rate has fallen quickly. This drop can be explained with an extraordinary weakness in productivity in recent years.Due to slowdown in in productivity in recent years, the...

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Economy

Morgan Stanley Warns Against Overestimating EV Demand Boost from Rising Oil Prices

Morgan Stanley is urging caution among investors who believe that surging oil prices will automatically trigger a rapid recovery for South Korean battery manufacturers. While recent headlines have painted an optimistic...

Iran Closes Strait of Hormuz Again After Brief Reopening, Rattling Global Energy Markets

Hopes for a restoration of normal energy shipping through the Strait of Hormuz collapsed within hours on Saturday after Iran reimposed tight restrictions on the vital maritime corridor, just a day after declaring it open....

Uranium Bull Market Gains Momentum Amid Supply Deficits and Geopolitical Tensions

The uranium market is entering a powerful new phase, with structural supply shortfalls and rising energy security concerns driving long-term bullish momentum. A recent special report from BCA Research confirms that the...

Energy Price Spike Won't Trigger Lasting Inflation, Analysts Say

A new report from BCA Research suggests that the recent surge in energy prices, driven by ongoing Middle East tensions, is unlikely to spark a prolonged period of runaway inflation in major global economies. According to...

Australia Extends Fuel Sulphur Relaxation Amid Iran War Supply Disruptions

Australia has extended its temporary easing of fuel-quality standards through September, as ongoing disruptions from the Iran war continue to strain the countrys fuel supply chains. Energy Minister Chris Bowen confirmed...

Politics

Iran's Internal Power Struggle Threatens Strait of Hormuz Stability

Geopolitical tensions in the Middle East have intensified after Irans Islamic Revolutionary Guard Corps (IRGC) overturned a government decision to reopen the Strait of Hormuz, one of the worlds most critical energy...

North Korea Fires Multiple Ballistic Missiles Amid Growing Nuclear Ambitions

North Korea launched several ballistic missiles toward the sea off its eastern coast on Sunday, according to South Korea and Japan, marking Pyongyangs seventh ballistic missile test this year and its fourth in April alone....

North Korea Fires Ballistic Missile Eastward Amid Rising Global Tensions

South Koreas Yonhap news agency reported on Saturday that North Korea launched an unidentified ballistic missile in an easterly direction. Military officials in Seoul are still analyzing the missiles type and flight...

U.S.-Iran Tensions Escalate as Hormuz Crisis Deepens Amid Ceasefire Strains

Fragile ceasefire negotiations between the United States and Iran are facing serious pressure after a dramatic weekend of escalating confrontations in and around the Strait of Hormuz. New reporting from the Wall Street...

Brazil, Spain, and Mexico Unite to Support Cuba Amid U.S. Blockade

During a high-profile international summit held in Barcelona, the leaders of Brazil, Spain, and Mexico came together to announce a strengthened commitment to providing coordinated humanitarian aid to Cuba. The meeting,...

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

NVIDIA Acquisition Rumors Dismissed by Morgan Stanley as Strategically Flawed

Morgan Stanley analysts have moved to cool speculation that NVIDIA Corporation (NASDAQ: NVDA) is plotting a major acquisition of a U.S. PC original equipment manufacturer (OEM). According to the investment bank, such a...

Iran’s AI memes are reaching people who don’t follow the news – and winning the propaganda war

A Lego-style Iranian military commander raps over a gangster beat: Our inbox is flooded with Americans saying they dont watch the news. They listen to our songs instead since your media is full of shit. This is the opening...

OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push

OpenAI is reportedly set to spend over $20 billion with AI chip startup Cerebras over the next three years, marking a significant expansion of an already substantial computing partnership. According to The Information, the...

Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent

Tesla is actively recruiting semiconductor engineers in Taiwan for its ambitious Terafab project a fully vertically integrated AI chip manufacturing facility that aims to consolidate logic, memory, packaging, testing, and...

Japan to Subsidize Sony's Image Sensor Plant in Kumamoto with $380 Million

The Japanese government has announced plans to provide Sony with subsidies of up to 60 billion yen, equivalent to approximately $380 million, to support the construction of an image sensor manufacturing facility in...