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Fri, Jun 12, 2026 04:15 AM All times are UTC

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Stronger dollar is still restraining U.S. factory sector activity

May 15, 2015 14:50 pm UTC| Commentary

The modest rebound in the Empire State manufacturing index to +3.1 in May, from -1.2, indicates that the stronger dollar is still restraining factory sector activity.Nevertheless, the drop back in the dollar over the past...

US industrial production dragged down by mining slump

May 15, 2015 14:45 pm UTC| Commentary

US industrial production in April was dragged down by a drop back in utilities output, as the earlier weather-related distortion was unwound, and a sharp decline in oil gas drilling. The 0.3% m/m fall in industrial...

Transportation sector leads Canadian manufacturing sales rebound in March

May 15, 2015 14:05 pm UTC| Commentary

Canadas March manufacturing sales rebounded from their Feb decline, rising 2.9% on the month. The gain was not broad based, with slightly less than half of industries reporting an increase in sales. The transportation...

Weaker euro still not boosting net exports

May 15, 2015 12:57 pm UTC| Commentary

Euro-zone trade surplus edged lower in March. And net trade seems likely to have had a negligible effect on GDP growth in Q1. The seasonally-adjusted trade surplus rose from 21.2bn in January to 22.0bn in February - the...

Germany's financial indicators point to softening sentiment

May 15, 2015 12:55 pm UTC| Commentary

A second consecutive decline in ZEW investor sentiment in May, which would add to fears that the German recovery is slowing. The ZEW headline Economic SentimentIndicator, which measures financial market investors...

China's monetary easing may not weaken the currency

May 15, 2015 12:53 pm UTC| Commentary

China has been increasing the pace of its monetary easing. On 10 May, the Peoples Bank of China (PBoC) cut both the benchmark lending and deposit policy rate by 25bps. This decision came just a few weeks after the PBoC had...

CAD to hold up better now but weaken later

May 15, 2015 12:51 pm UTC| Commentary

The Cnandian economy will need more policy easing than the 25bp "insurance" rate cut announced in January. Another rate cut is expected before year-end. As thoseconditions and that scenario play out this summer and beyond,...

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Economy

Asian Stocks Rally as Trump Signals Iran Peace Deal; Tech and Chip Shares Rebound Strongly

Asian stock markets surged on Friday after U.S. President Donald Trump indicated that a peace agreement with Iran could be finalized soon, boosting investor confidence and driving a broad rally across regional equities....

Japan Core Inflation Seen Steady in May Ahead of BOJ Rate Hike

Japans core inflation rate likely remained unchanged in May, signaling that price pressures are still below the Bank of Japans (BOJ) 2% target despite rising energy costs and expectations of further monetary tightening....

Gold Prices Slide Toward Second Weekly Loss as Fed Rate Hike Expectations Weigh on Market

Gold prices declined on Friday, marking their second straight weekly loss as investors reacted to persistent U.S. inflation concerns and growing expectations that the Federal Reserve could raise interest rates later this...

Trump Signals Possible U.S.-Iran Peace Deal as Hormuz Reopening Nears

U.S. President Donald Trump announced that the United States and Iran could finalize a peace agreement as early as this weekend, potentially reopening the strategically important Strait of Hormuz and marking a major...

US Appeals Court Keeps Trump’s 10% Global Tariff in Effect During Ongoing Legal Battle

A U.S. federal appeals court has extended its temporary stay on a lower court ruling that challenged the Trump administrations 10% global tariff imposed under Section 122 of the Trade Act of 1974. The decision allows the...

Politics

DOJ Sues Virginia Over Law Enforcement Mask Ban

The U.S. Department of Justice (DOJ) has filed a lawsuit against the state of Virginia, challenging a recently enacted law that restricts law enforcement officers from wearing face coverings while carrying out official...

Lebanon Resists Iran Pressure as Israel-Hezbollah Ceasefire Talks Stall

Lebanon is pushing ahead with diplomatic efforts to end the conflict with Israel despite growing pressure from Iran, which is seeking to preserve its influence in the country through Hezbollah. As ceasefire negotiations...

Trump Nominates Jay Clayton as DNI Amid FISA Surveillance Dispute

President Donald Trump has nominated Jay Clayton, the current U.S. Attorney for the Southern District of New York, to serve as the next Director of National Intelligence (DNI), a move that comes amid growing political...

Peru Election 2026: Fujimori Holds Narrow Lead as Contested Votes Face Review

Perus presidential election remains too close to call as electoral authorities begin reviewing hundreds of thousands of contested ballots, with conservative candidate Keiko Fujimori holding a razor-thin lead over leftist...

Trump Administration Plans Deportation of Iranian Migrants to Central African Republic Under New Third-Country Deal

The Trump administration is preparing to deport a group of Iranian migrants, along with nationals from several other countries, to the Central African Republic (CAR) under a controversial third-country deportation...

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

EngineAI Files for Hong Kong IPO Amid Rising Demand for AI and Robotics Stocks

Chinese humanoid robotics startup EngineAI has reportedly confidentially filed for an initial public offering (IPO) in Hong Kong, seeking to capitalize on growing investor interest in artificial intelligence (AI) and...

Adobe Beats Q2 2026 Estimates, Raises Full-Year Outlook as AI Revenue Surges Despite Stock Drop

Adobe (NASDAQ: ADBE) delivered stronger-than-expected fiscal second-quarter 2026 results, surpassing Wall Street forecasts on both revenue and earnings while raising its full-year guidance. The software giant also reported...

SpaceX IPO Sets Record With $75 Billion Raise, Valuation Hits $1.77 Trillion

SpaceX has officially made history after pricing its highly anticipated initial public offering (IPO) at $135 per share, raising an unprecedented $75 billion and becoming the largest IPO ever completed in the United...

Astera Labs and Rocket Lab Surge After Nasdaq-100 Inclusion Announcement

Shares of Astera Labs (NASDAQ: ALAB) and Rocket Lab (NASDAQ: RKLB) climbed sharply in after-hours trading on Thursday after Nasdaq confirmed both companies will be added to the prestigious Nasdaq-100 Index during its June...

SK Hynix Stock Rebounds as AI Memory Chip Demand Fuels Expansion Plans

SK Hynix shares recovered from early losses on Thursday after reports revealed the companys ambitious plan to significantly expand its wafer production capacity over the next decade. The South Korean memory chip...