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Thu, Jun 11, 2026 10:32 AM All times are UTC

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Downturn in the oil sector will have a pretty modest impact on US employment

Mar 26, 2015 15:55 pm UTC| Commentary

Although there has been a massive slump in the number of active drilling rigs, the downturn in the oil sector will likely have a pretty modest impact on employment.A similar-sized drop-off in drilling in 2008 triggered a...

We may see a bigger gain in US payrolls in March

Mar 26, 2015 15:37 pm UTC| Commentary

Recent US labour market indicators have, on the whole, remained strong. Some of the latest survey evidence, in particular the ISM non-manufacturing employment index, the NFIB small business employment index and the Markit...

BSP looks for strong growth in 2015

Mar 26, 2015 11:10 am UTC| Commentary

Bangko Sentral ng Pilipinas kept its policy rate unchanged at 4.00%. This was in line with market consensus and the fourth straight on-hold decision. It also left SDA rates at 2.50%.In remarks following the decision, BSP...

Taiwan’s central bank to put aside its rate hike plan

Mar 26, 2015 07:27 am UTC| Commentary

Taiwans central bank is expected to put aside its rate hike plans and leave the policy rates unchanged at its Q1 meeting, given that inflation is expected to moderate this year and the global easing wave coming from its...

Japan employment situation to strengthen in 2015

Mar 26, 2015 07:23 am UTC| Commentary

Japans unemployment rate is expected to improve to 3.5% in February (from 3.6% in January). Both the manufacturing and non-manufacturing sectors are now making the necessary increases in hiring.Many workers who had...

Japan Inflation target becoming more difficult to achieve due to falling oil prices

Mar 26, 2015 07:20 am UTC| Commentary

Japans nationwide CPI (excluding fresh food) is expected rise 2.1% yoy in February (was 2.2% in January). Excluding the effects of the consumption tax (CT) hike, the pace of inflation is easing and is likely to be 0.1% yoy...

UK retail sales outlook to brighten

Mar 26, 2015 06:21 am UTC| Commentary

The CBI survey showed a plunge in the balance of reported sales from 39 to only 1 in February.Societe Generale views this as perhaps the last of the backwash from the heavy discounting in the Black Friday week which...

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Economy

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...

Changchun Targets EV Growth as China’s Auto Industry Consolidation Accelerates

Chinas northeastern city of Changchun, widely recognized as the home of FAW Group, is moving to transform its traditional automotive industry as the countrys electric vehicle (EV) market continues to evolve. The city has...

Asian Stocks Slide as Tech Selloff Deepens and US-Iran Conflict Escalates

Asian stock markets declined on Thursday as a continued selloff in technology shares and escalating tensions between the United States and Iran weighed heavily on investor sentiment. Regional equities followed Wall Street...

Trump Signals Opposition to USMCA Renewal as U.S. Reviews Trade Relations with Canada and Mexico

President Donald Trump indicated that he may not support renewing the United States-Mexico-Canada Agreement (USMCA), raising fresh uncertainty about the future of North American trade. Speaking at the White House on...

US Dollar Edges Higher as Inflation Data and Middle East Tensions Shape Market Sentiment

The U.S. dollar posted modest gains on Wednesday as investors weighed mixed signals from inflation data alongside escalating geopolitical tensions in the Middle East. The U.S. Dollar Index (DXY), which measures the...

Politics

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...

Venezuela Deploys Troops to Crack Down on Illegal Gold Mining Amid Push for Foreign Investment

Venezuela has launched a military operation targeting illegal armed groups that control major gold mining areas in the countrys south, according to local residents and human rights organizations. The deployment is focused...

Peru Election Results Remain Uncertain as Tight Presidential Race Heads Toward Legal Review

Perus presidential election remains too close to call as vote counting entered its fourth day, with the outcome likely to be determined through a lengthy legal review of disputed ballots. Conservative candidate Keiko...

US Warns of More Strikes on Iran as Trump Pushes for Peace Deal

U.S. Defense Secretary Pete Hegseth has warned that American forces are prepared to carry out President Donald Trumps orders and launch additional strikes against Iran if necessary, signaling a potential escalation in...

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...