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Mon, Apr 13, 2026 03:57 PM All times are UTC

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Record goods gap deepens Canada current account deficit

May 28, 2015 14:48 pm UTC| Commentary

Canadas current account deficit widened to $17.5 bln ($69.9 bln a.r.) in Q1 from a revised shortfall of $13.1 bln in the prior quarter (previously $13.9 bln). The gap was narrower than expected in part due to the revision...

Price differential between Brent and WTI shrinks to lowest level since mid-April

May 28, 2015 10:08 am UTC| Commentary

Oil prices continued their correction yesterday, Brent falling by nearly an additional 3% to a five-week low of $62 per barrel. WTI fared somewhat better, shedding only 1%. As a result, the price differential between Brent...

Swiss gold exports to Asia fell considerably in April

May 28, 2015 09:22 am UTC| Commentary

Gold is trading at around $1,190 per troy ounce this morning, having recovered only slightly from the two-week low it recorded yesterday. In other words, the correction of the EUR-USD exchange rate has not been reflected...

Australia's credit growth humming along

May 28, 2015 08:45 am UTC| Commentary

Driven first and foremost by a continuing boom in residential property, Australias credit growth is expected to have continued. Of particular interest will be the housing investor component, which has defied regulatory...

Japan's industrial production likely to continue its recovery trend

May 28, 2015 08:31 am UTC| Commentary

Japans industrial production is likely to grow by 0.5% mom in April. In addition to the end of the inventory adjustment after the consumption tax hike in April 2014, the Lunar New Year holiday was later than usual, and...

Japan's employment situation to strengthen in 2015

May 28, 2015 08:23 am UTC| Commentary

The unemployment rate is likely to remain unchanged at 3.4% in April. In March, the number of job seekers that dropped out of the labour force increased, and this led to a technical improvement in the unemployment rate (it...

Japan’s inflation target becoming more difficult to achieve

May 28, 2015 08:05 am UTC| Commentary

Japans nationwide CPI (excluding fresh food) is likely to have risen 0.3% yoy in April (sharply down from 2.2% in March).This is because most of the effect of the consumption tax (CT) hike in April 2014, which pushed up...

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Economy

Gold Prices Slip as Dollar Strengthens Amid U.S.-Iran Tensions and Rising Inflation

Gold prices declined on Monday as a strengthening U.S. dollar and persistent inflation concerns weighed heavily on the precious metal. Spot gold dropped 0.6% to $4,720.67 per ounce, while gold futures slid 0.9% to...

Oil Prices Surge as U.S. Imposes Blockade on Iranian Shipping Amid Ongoing Middle East Tensions

Global financial markets were rattled Monday after the United States announced a blockade on Iranian shipping following the breakdown of weekend peace negotiations. The decision has renewed fears over Middle East energy...

Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further

South Koreas Bank of Korea governor nominee, Shin Hyun-song, signaled on Monday that policymakers stand ready to intervene should the Korean won experience excessive depreciation. In written statements submitted to...

U.S. Blockades Strait of Hormuz as Oil Prices Surge Past $100

Oil prices climbed sharply in early Asian trading on Monday, with Brent crude jumping 8% to $102.93 per barrel after President Donald Trump announced that the U.S. Navy would begin blockading the Strait of Hormuz. The move...

U.S. Futures Plunge as Iran Ceasefire Talks Collapse and Hormuz Blockade Looms

U.S. stock index futures dropped sharply Sunday evening after ceasefire negotiations between Washington and Tehran broke down, raising fears of prolonged conflict and further disruptions to global energy markets. The...

Politics

U.S. Blockades Strait of Hormuz Amid Escalating Iran Tensions

The U.S. military has announced a blockade of the Strait of Hormuz effective Monday at 10 a.m. Eastern, targeting vessels traveling to or from Iranian ports and coastal areas. Ships not bound for Iran will be permitted to...

U.S., Australia, and Philippines Conduct Joint South China Sea Military Drills Amid Rising Tensions With China

The United States, Australia, and the Philippines wrapped up their second trilateral maritime exercises of 2025 in the South China Sea, reinforcing their collective commitment to freedom of navigation and regional security...

Taiwan Insists Government Must Lead Cross-Strait Engagement Amid China's New Incentives

Taiwans top security official has made clear that any response to Chinas latest proposed trade and tourism measures must be government-led, not driven by opposition party diplomacy. National Security Bureau chief Tsai...

Spain's Sanchez Urges China to Take Greater Global Leadership Role During Beijing Visit

Spanish Prime Minister Pedro Sanchez called on China to assume a more meaningful role in addressing pressing global challenges, including climate change, international security, defense, and the fight against inequality....

Hungary's Orban Loses Power as Magyar Wins in Landslide; U.S. Reactions Divided

Hungarian Prime Minister Viktor Orban, a close ally of U.S. President Donald Trump, was voted out of power after 16 years in office as Hungarians turned out in record numbers to elect center-right challenger Peter Magyar....

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

AI Deradicalization Tools: How Chatbots Could Help Combat Violent Extremism Online

As artificial intelligence platforms become more deeply embedded in daily life, concerns about their role in enabling dangerous behavior continue to grow. A New Zealand startup is now developing a groundbreaking tool that...

TSMC Posts Record Q1 2026 Profits Driven by Surging AI Chip Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) is on track to deliver its fourth straight quarter of record-breaking earnings, with analysts forecasting a 50% jump in net profit for the first quarter of 2026. The surge is...

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...