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Japan's real GDP to show strong growth in FY2015

May 28, 2015 00:37 am UTC| Commentary

Japan recorded solid Q1 2015 GDP growth of +0.6% qoq (or +2.4% qoq at an annualised rate), with inventory making a significant contribution (+0.5ppt) to real GDP growth over the period.According to the analysis, inventory...

US second Q1 GDP print may be a painful reminder of data weakness

May 27, 2015 23:11 pm UTC| Commentary

US data has mostly disappointed so far this year, with relatively broad-based weakness. Against widespread expectations of an acceleration early in the year, private consumption has remained lacklustre, despite the c.USD...

Japan core inflation likely remained 0%; IP may have edged up

May 27, 2015 22:52 pm UTC| Commentary

Japan will release key April economic data on 29 April, including core inflation, industrial production (IP), and job data.Core inflation is expected to have dropped to 0.0% y/y in April from 2.2% in March as the base...

FX – USD-LKR raised and lower USD-BDT forecasts

May 27, 2015 22:43 pm UTC| Commentary

Standard Chartered notes: We maintain our bearish view on the Sri Lankan rupee (LKR) but raise our USD-LKR forecasts given recent market moves. We see three key drivers of USD-LKR strength: (1) trade-balance...

Indonesia's inflation likely accelerated in May

May 27, 2015 21:51 pm UTC| Commentary

The National Statistics Agency (BPS) will announce May CPI data on Monday, 1 June. The headline inflation is estimated to accelerate 0.5% m/m (7.1% y/y) in May from 0.4% m/m (6.8% y/y) in April, while core inflation stayed...

BoC maintains status quo in line with expectations

May 27, 2015 21:22 pm UTC| Commentary

The Bank of Canada (BoC) maintained a very status quo neutral message, very much in line with expectations. The brief statement noted a couple of times that not much has changed since the April MPR, and in particular that...

Q1 capex report is the main event in Australia this week

May 27, 2015 20:52 pm UTC| Commentary

This mornings Q1 capex report is the main event in Australia this week. The economists expect the report should maintain the soft tone from Q4, including mining capex plans that could again be revised lower and a...

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Economy

UK Finance Minister Healey Calls for Fiscal Discipline Amid Global Risks

British Finance Minister John Healey is set to emphasize fiscal discipline and economic resilience during the International Monetary Fund (IMF) and World Bank annual meetings in Bangkok this week, as governments confront...

Oil Prices Rise as Houthi Attacks Threaten Middle East Supply

Oil prices climbed on Monday as escalating Middle East tensions, renewed Houthi attacks on Saudi Arabia, and tanker incidents near the Strait of Hormuz heightened concerns over global crude supply disruptions. Brent crude...

Bank of America Predicts Yen Rebound as USD/JPY Faces Risks

The Japanese yens prolonged depreciation has been driven entirely by offshore trading activity since 2025, according to Bank of America (BofA), highlighting a significant shift in global foreign exchange market dynamics....

Deutsche Bank CEO Urges Faster German Economic Reforms

Deutsche Bank CEO Christian Sewing has urged the German government to accelerate economic reforms, warning that slow implementation and political compromises could weaken Germanys competitiveness and long-term growth...

Trump Calls for Zelenskyy Replacement Amid Russian Diesel Deal

US President Donald Trump has called for Ukraine to replace President Volodymyr Zelenskyy, deepening tensions between Washington and Kyiv over a controversial agreement allowing Russian diesel exports to global markets....

Politics

Panama Declares Emergency After 7.7 Earthquake Triggers 200 Aftershocks

Panama has declared a national state of emergency after a powerful 7.7-magnitude earthquake struck on Friday, causing widespread damage to homes, roads, and bridges across the countrys central provinces. Authorities have...

North Korea Fires Ballistic Missiles as Tensions With South Korea Escalate

North Korea launched multiple ballistic missiles toward the sea off its eastern coast on Monday, October 12, as military tensions with South Korea continued to intensify following a series of weapons tests and border...

Pakistan Declares Emergency in Khyber Pakhtunkhwa, Suspends Imran Khan’s PTI Government

Pakistan has declared a state of emergency in Khyber Pakhtunkhwa, suspending the provincial government controlled by jailed former Prime Minister Imran Khans Pakistan Tehreek-e-Insaf (PTI) party amid escalating political...

Djibouti Migrant Boat Capsizes, Killing 139 and Leaving 84 Missing

At least 139 migrants, including 15 children, have died after a boat carrying 305 people capsized off Djibouti while traveling to Yemen, according to the United Nations International Organization for Migration (IOM)....

Trump Sanctions International Criminal Court, Sparking EU Backlash

US President Donald Trumps administration has imposed sweeping sanctions on the International Criminal Court (ICC), escalating tensions with European allies and raising concerns about the future of international justice....

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Moonshot AI Executives Seek Settlement Ahead of Hong Kong IPO

Executives at Chinese artificial intelligence startup Moonshot AI are reportedly negotiating a settlement with Recurrent.ai over allegations of misconduct, as the company prepares for its planned Hong Kong initial public...

Amazon in Talks to Acquire AI Startup Decart for $7 Billion

Amazon is reportedly negotiating a potential $7 billion acquisition of artificial intelligence startup Decart, signaling the technology giants growing ambitions in generative AI, real-time video processing, and advanced...

Yandex Data Center Hit by Drone Strike as Russia-Ukraine Cyber Infrastructure Attacks Escalate

Russian technology giant Yandex has suspended operations at a major data center in the Vladimir region following a drone strike, marking the third attack on its server infrastructure within four days as the Russia-Ukraine...

Apple Supplier Luxshare Sees Limited Impact From US Patent Probe

Chinese electronics manufacturer Luxshare Precision Industry expects minimal disruption to its business from a US patent infringement investigation involving power supply technology used in data centres. In a stock...

Elon Musk Eyes Semiconductor Manufacturing Expansion With $15 Billion Terrafab Project

Elon Musk believes his companies could eventually outperform established semiconductor manufacturers by developing more efficient chip production methods, although he cautioned that achieving this ambition could take...
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