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Sat, Apr 11, 2026 12:44 PM All times are UTC

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Australian bonds flat after disappointment in December retail sales; RBA Gov Lowe’s speech eyed

Feb 06, 2020 05:22 am UTC| Commentary Economy

The Australian bonds remained flat during Asian session Thursday after investors experienced a disappointment in the countrys retail sales for the month of December, released early today ahead of the Reserve Bank of...

U.S. trade deficit widens in December on rebound in imports

Feb 05, 2020 17:12 pm UTC| Commentary

U.S. trade deficit broadened for the first time in three months in December. The trade deficit widened to USD 48.9 billion, as compared with market expectations of a deficit of USD 48.2 billion. Meanwhile, the data for...

Brazilian service sector output grows strongly in January, PMI index rises to 52.7

Feb 05, 2020 17:00 pm UTC| Commentary

The service sector of Brazil began the New Year with a stronger growth in output, rebounding on the trend seen in the final quarter of 2019. The seasonally adjusted IHS Markit Brazil Services Business Activity Index rose...

Philippine headline inflation accelerates in January, BSP likely to cut interest rate by 25 bps in March

Feb 05, 2020 13:34 pm UTC| Commentary

Philippine headline inflation accelerated in the month of January, owing to higher food and fuel prices and the elimination of favourable base effects. On a year-on-year basis, inflation accelerated to 2.9 percent. On a...

Indonesian economic growth slows down in Q4 2019, likely to remain around 5 pct mark in coming quarters

Feb 05, 2020 12:25 pm UTC| Commentary

The Indonesian economic growth came in weak at the end of 2019, with the GDP growth easing further to 4.97 percent in the fourth quarter from 5.02 percent year-on-year in the third quarter, the weakest in three...

Bank of Thailand cuts key interest rate by 25 bps to 1 pct to underpin growth

Feb 05, 2020 11:48 am UTC| Commentary Central Banks

The Bank of Thailand, today, cut its key policy rate by 25 basis points to a new record low of 1 percent to underpin growth. The decision to cut rate was unanimous. Todays cut was the third in the central banks current...

U.S. Treasuries continue losses ahead of January ADP non-farm employment, ISM non-manufacturing PMI

Feb 05, 2020 11:31 am UTC| Commentary Economy

The U.S. Treasuries continued to suffer losses during Wednesdays afternoon session ahead of the countrys ADP non-farm employment for the month of January, scheduled to be released today by 18:45GMT, besides, the ISM...

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Economy

Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns

The Federal Reserve has launched a formal inquiry into major U.S. banks and their financial ties to the private credit sector, raising fresh concerns about systemic risk across the $1.8 trillion industry. The move comes as...

Middle East Conflict Threatens Global Economic Stability, World Bank Warns

The ongoing Middle East war is sending shockwaves through the global economy, and even a fragile ceasefire brokered by U.S. President Donald Trump may not be enough to prevent lasting damage, World Bank President Ajay...

U.S. Markets Post Strong Weekly Gains Despite Middle East Tensions and Rising Energy Prices

U.S. stock markets closed mixed on Friday as investors weighed a fragile Middle East ceasefire against an inflation report that came in better than feared. Despite Fridays uneven session, major indexes logged their...

Colombia and Ecuador Trade War Escalates With Retaliatory Tariffs

Tensions between Colombia and Ecuador have reached a breaking point after Colombia announced 100% retaliatory tariffs on Ecuadorian imports, intensifying an ongoing trade dispute between two ideologically divided...

Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty

Most Asian currencies slipped slightly on Friday but remained on track to close the week in positive territory, as traders adopted a cautious stance ahead of the U.S. March Consumer Price Index (CPI) release and monitored...

Politics

Iran's Lost Mines Threaten Strait of Hormuz Reopening and Global Oil Markets

A major obstacle has surfaced in efforts to reopen the Strait of Hormuz after Iran admitted it can no longer locate or recover all of the naval mines it deployed in the critical waterway, according to a New York Times...

MATCH Act: How New U.S. Chip Legislation Could Freeze China's Semiconductor Ambitions

American lawmakers are advancing one of the most aggressive semiconductor export control bills ever proposed. The Multilateral Alignment of Technology Controls on Hardware Act, widely known as the MATCH Act, has drawn...

FAA and Pentagon Approve Laser Counter-Drone System Along U.S.-Mexico Border

The Federal Aviation Administration and the Pentagon have reached a landmark agreement authorizing the deployment of a high-energy laser counter-drone system along the southern U.S. border. This milestone follows extensive...

Eric Swalwell Faces Sexual Assault Allegations Amid California Governor's Race

California Democratic Congressman Eric Swalwell is facing serious sexual assault allegations from a former district office staffer, throwing his prominent gubernatorial campaign into turmoil. The accusations, first...

Iran's Missile Arsenal Poses Ongoing Risk Despite U.S. Claims of Destruction

Recent U.S. intelligence assessments reveal that Iran still maintains thousands of operational ballistic missiles, directly contradicting the White Houses assertion that the regimes military capabilities have been...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...