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S&P says NZ budget will have no impact on ratings, outlook

May 21, 2015 02:34 am UTC| Commentary

Standard Poors comments after the New Zealand budget: While the budget contains some write-downs to revenue growth over the four years to June 2019 - due mainly to a weaker outlook for inflation and wages growth--the...

How can the UK improve its export performance to EM?

May 21, 2015 02:33 am UTC| Commentary

Analysis of trade and GDP data suggests that two main factors explain which countries trade with the UK: geographical distance and GDP per capita. The UK exports relatively more to Gulf countries such as the United Arab...

Bank of Japan likely to remain on hold on 21-22 May

May 20, 2015 21:54 pm UTC| Commentary

The Bank of Japan (BoJ) will hold its monetary policy meeting on 21-22 May and announce its monetary policy decision on 22 May.The BoJ is expected to remain on hold, keeping the size of annual asset purchases unchanged at...

Brazil – A bumpy road for fiscal adjustment, but in the right direction

May 20, 2015 21:37 pm UTC| Commentary

Despite political noise, Brazils fiscal accounts are set to improve. The political debate surrounding measures to cut spending has intensified. Last week the lower house passed a watered-down version of a proposal to...

German IFO index likely to maintain its upward trend

May 20, 2015 21:29 pm UTC| Commentary

The German IFO business climate index is expected to increase to 109.0 in May from 108.6 in April, which was a 10-month high. The index has been on a clear upward trend since it reached a trough in October 2014.Lower oil...

Malaysia GST to boost full-year inflation

May 20, 2015 21:22 pm UTC| Commentary

Malaysia will announce April inflation on 22 May. Headline CPI is expected to have risen by 2.1% y/y, versus 0.7% y/y in Q1.The acceleration in inflation is largely due to the implementation of the 6% goods and services...

UK’s export market share to EM is below its peers’

May 20, 2015 21:09 pm UTC| Commentary

The UK trails its European peers in exporting to emerging markets. Just 20% of UK goods exports go to emerging markets, compared to around 27% for the big European countries. Increasing such exports is a key step towards...

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Economy

Oil Prices Rise as US-Iran Talks Stall, Inflation Risks Grow

Oil prices climbed on Tuesday as stalled U.S.-Iran peace negotiations and uncertainty over reopening the Strait of Hormuz renewed concerns about global energy supplies. Asian stock markets, meanwhile, traded cautiously as...

Singapore Raises 2026 GDP Growth Forecast to 4.5%-5.5% as AI Boom Fuels Economy

Singapore has sharply upgraded its 2026 economic growth forecast, citing stronger global artificial intelligence investment, resilient external demand and a less severe economic impact from the Middle East conflict than...

Gold Price Hits Two-Month High as Investors Await US Inflation Data

Gold prices extended their rally on Tuesday, climbing to their highest level in more than two months as strong investor demand, safe-haven buying and bullish momentum outweighed pressure from higher U.S. Treasury yields, a...

Yen Stabilizes After Intervention Slide as Australian Dollar Hits Eight-Week High

The Japanese yen steadied against the U.S. dollar on Tuesday after suffering a sharp decline in the previous session, as the impact of the recent joint U.S.-Japan currency intervention continued to fade. Meanwhile, the...

Singapore Raises 2026 GDP Growth Forecast as AI Demand Fuels Economy

Singapores economy delivered stronger-than-expected growth in the second quarter of 2026, prompting the government to significantly raise its full-year GDP forecast as booming global demand for artificial...

Politics

Ukraine Accuses Russia of Systematic Torture of POWs and Civilian Detainees

Former Ukrainian detainees and government officials have accused Russia of widespread and systematic torture of Ukrainian prisoners of war and civilian detainees, alleging beatings, electric shocks, sexual violence and...

Houthi Attack on Yemen’s Mocha Port Kills 7, Injures 30

At least seven people were killed and 30 others wounded after Houthi forces launched a major attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. The military said in a statement early Monday that...

Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow

Trump Media Technology Group said Monday that more than 10 customers have signed up for its upcoming Truth API, a real-time data service designed to provide rapid access to posts from prominent Truth Social accounts,...

Trump Secretly Switched Planes in Turkey After Iran Threat, Report Says

U.S. President Donald Trump secretly switched to a smaller military aircraft while leaving Turkey last month due to a potential Iranian security threat, according to a Washington Post report published Monday. Trump had...

FCC Steps Up China Tech Crackdown as Beijing Pushes Back

The U.S. Federal Communications Commission (FCC) has emerged as a key force in the Trump administrations technology and national security strategy toward China, expanding its role far beyond traditional oversight of...

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

Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms

Anthropic has reportedly signed a $9.1 billion long-term agreement with Riot Platforms (NASDAQ: RIOT) to secure large-scale AI computing capacity, marking another major investment by the Claude developer as demand for...

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...

SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...

Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...
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