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Fri, Jun 12, 2026 01:56 AM All times are UTC

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Rising oil prices unlikely to stoke inflation in Asia

May 11, 2015 18:45 pm UTC| Commentary

Oil prices jumped to their highest level this year, with Brent prices climbing to $67, up almost 50% from the lows in Dec 2014. The jump has raised concerns that inflation may accelerate in the coming months.Fears that...

China's policy direction supportive of copper demand

May 11, 2015 17:54 pm UTC| Commentary

PBoC cut interest rates again this weekend, apparently in response to weaker-than expected data. All the signs are that the Chinese authorities are committed to using the powerful tools at their disposal to prevent a "hard...

UK monetary policy likely to be tightened only gradually from next year

May 11, 2015 17:28 pm UTC| Commentary

BoE MPC kept interest rates on hold on Monday in what was probably a unanimous vote again. (The MPC meeting concluded on Friday but the decision was made public on Monday.)Although the recent rise in the oil price is...

India consumer price inflation probably remained stable in April

May 11, 2015 16:56 pm UTC| Commentary

After dropping in March for the first time in four months, Indias consumer price inflation (13.00 BST) probably remained stable in April at 5.2% y/y, keeping it below the RBIs 6.0% target for Jan 2016.Meanwhile, it is...

PBoC benchmark interest rates cut is not a sign of panic

May 11, 2015 16:42 pm UTC| Commentary

"Sundays cut to benchmark interest rates by the PBOC is not a sign of panic as some will argue but a rational response to weaker-than-expected data." said Capital EconomicsPolicymakers have room to act more forcefully if...

China CPI inflation should continue to recover in the coming months

May 11, 2015 16:37 pm UTC| Commentary

China consumer price inflation edged up, from 1.4% y/y in March to 1.5% last month, according to data published on Saturday. This was weaker than most had anticipated, but still brought the headline rate to its highest...

Recovery in UK industrial sector probably ran out of steam in Q1

May 11, 2015 16:21 pm UTC| Commentary

Marchs industrial production figures (09.30 BST) are set to confirm that the sectors recovery ran out of steam in Q1.In its preliminary estimate of Q1 GDP, the ONS assumed that industrial production stagnated in...

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Economy

Kremlin Says New EU Sanctions Won’t Hurt Russian Banks

The Kremlin has dismissed concerns over the European Unions latest sanctions proposal, stating that additional restrictions on Russian banks are unlikely to disrupt the countrys financial sector or reduce bank...

Pakistan Economy Grows 3.7% in FY2026 Amid Strong Fiscal Performance

Pakistans economy is projected to expand by 3.7% in the fiscal year ending June 2026, according to the countrys annual economic survey released on Thursday. The report highlights improving macroeconomic indicators, lower...

European Stocks Rise Ahead of ECB Rate Decision as Investors Buy the Dip

European stocks moved higher on Thursday as investors returned to the market to buy undervalued shares following several weeks of pressure caused by persistent higher-for-longer interest rate expectations. Market...

US Stock Futures Rally as U.S.-Iran Peace Talks Boost Market Sentiment Despite Ongoing Strikes

U.S. stock index futures climbed sharply on Thursday as reports of ongoing peace negotiations between the United States and Iran helped ease investor concerns over escalating Middle East tensions. The positive developments...

ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns

The European Central Bank (ECB) is expected to end its year-long pause on interest rate increases this Thursday, signaling a more hawkish stance as rising energy costs and persistent inflation continue to challenge the...

Politics

Xi’s North Korea Visit Strengthens Ties and Elevates Kim Jong Un’s Global Standing

Chinese President Xi Jinpings recent two-day visit to North Korea marked a significant diplomatic milestone, with both Beijing and Pyongyang portraying the trip as a major success. The visit reinforced the growing...

U.S.-Iran Peace Talks Continue Despite Escalating Military Strikes

The United States and Iran continued negotiations over a potential peace agreement overnight, even as both countries exchanged military strikes for a second consecutive day, according to reports from CNN and Reuters....

FBI Faces Historic Security Challenge Ahead of 2026 FIFA World Cup

The FBI is preparing for what Director Kash Patel describes as one of the largest security operations in U.S. history as the 2026 FIFA World Cup kicks off. With 48 teams, 36 base camps, 11 stadiums, and an estimated 3...

G7 Summit 2026 to Focus on Middle East Conflicts, Ukraine War, and Global Economic Challenges

The upcoming G7 Summit, scheduled for June 1517 in Evian-les-Bains, France, is expected to be dominated by discussions on the wars in the Middle East and Ukraine, as leaders seek to maintain unity amid growing geopolitical...

Keiko Fujimori Narrowly Leads Peru Presidential Election as Overseas Votes Shift Race

Keiko Fujimori has regained a razor-thin lead in Perus closely contested presidential election, as overseas ballots pushed the conservative candidate ahead of her leftist rival Roberto Sanchez in one of the tightest races...

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

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...

OpenAI May Slash AI Service Prices Amid Growing Rivalry With Anthropic

OpenAI is reportedly considering major price cuts for its artificial intelligence services as competition in the AI industry continues to intensify. According to a Wall Street Journal report citing sources familiar with...

Oracle Stock Falls Despite Earnings Beat as Company Plans $40 Billion Financing for FY2027

Oracle Corporation (NYSE: ORCL) delivered stronger-than-expected fiscal fourth-quarter 2026 results, surpassing Wall Street estimates on both earnings and revenue. Despite the positive performance and improved annual...

SpaceX IPO Demand Surges Past $250 Billion Ahead of Historic Market Debut

SpaceX, the aerospace company founded by Elon Musk, is attracting unprecedented investor interest ahead of what could become the largest initial public offering (IPO) in history. According to a Reuters report, investor...

Trump Administration Defends Anthropic AI Restrictions in Ongoing Federal Lawsuit

The Trump administration has defended its decision to restrict the use of Anthropics artificial intelligence products, arguing in a new court filing that the federal government acted lawfully after the AI company resisted...