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Global Geopolitical Series: Market prices 67 percent probability Italy would leave EU

Sep 05, 2018 13:52 pm UTC| Commentary

The betting market is suggesting that there is almost 67 percent chance that Italy would be the country to follow the United Kingdom in leaving the European Union. With a populist right-wing government that is in a...

U.K. service sector PMI index rises above expectation in August, economic activity likely remained stable in Q3

Sep 05, 2018 13:34 pm UTC| Commentary

U.K. service sector PMI index came in above expectation in August, after manufacturing and construction PMIs saw disappointing prints for the same month earlier this week. The above expected print gave some comfort over...

Global Geopolitical Series: Mark your calendars on 18th September for highly important United Nations General Assembly in New York

Sep 05, 2018 13:16 pm UTC| Commentary

Mark your calendars on 18th September as the United Nations General Assembly (UNGA) will begin its 9-day convention in New York as it is turning out to be one of the biggest geopolitical events of the year, where countries...

Global geopolitical Series: Two Russians named in Skripal Novichok attack by UK prosecutors

Sep 05, 2018 12:50 pm UTC| Commentary

On March 4th, Sergei Skripal, a former Russian agent who acted as double agent for the British, and his daughter Yulia were rushed to a hospital after they were found unconscious at a park in Salisbury. It was later...

Norwegian house prices fall sequentially in August, more sideways trend expected to continue ahead

Sep 05, 2018 12:35 pm UTC| Commentary

Norwegian house prices dropped sequentially in August, while it remained unchanged on a year-on-year basis. Sequentially, house prices dropped 0.1 percent, as compared with the expectations of a rise of 0.2 percent. On an...

Bank Negara Malaysia keeps key interest rate on hold, likely to maintain ‘neutral’ tone in 2018

Sep 05, 2018 11:53 am UTC| Commentary Central Banks

Malaysian central bank, Bank Negara Malaysia, kept its Overnight Policy Rate (OPR) on hold at 3.25 percent today. The accompanying statement comes across as neutral, though it notes downside risks on the external front...

Cryptocurrency Brief: Bitcoin faces massive losses, ETH/USD hovers near 2018 lows, Philippines SEC plans to impose regulations on crypto exchanges – Wednesday, September 5th, 2018

Sep 05, 2018 11:50 am UTC| Commentary Digital Currency Market Roundups Economy

BTC/USD: Bitcoin prices slumped during European session Wednesday, reversing gains seen yesterday. This comes as an addition to the news that ShapeShift, a well-known platform for instant Bitcoin exchange, has launched a...

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Economy

Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict

Rising fuel prices linked to the Iran conflict are accelerating demand for both new and used electric vehicles (EVs) across Europe, according to industry data shared with Reuters. While automakers are benefiting from...

German Industry Employment Falls to Lowest Level in a Decade

Germanys industrial sector recorded its lowest employment level in 10 years in 2025, with the number of workers dropping to just 6.6 million, according to a study by the German Economic Institute (IW). The findings...

Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness

Japan has reaffirmed its readiness to act against excessive currency volatility as the Japanese yen continues to weaken against the U.S. dollar. Chief Cabinet Secretary Minoru Kihara stated on Thursday that the government...

Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal

Asian currencies recovered modestly on Thursday after suffering steep losses in the previous session, while the U.S. dollar remained close to a two-month high following the Federal Reserves latest policy announcement. The...

Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal

Asian stock markets mostly advanced on Thursday, led by strong gains in Japan and South Korea after reports emerged that the United States and Iran had signed a framework agreement aimed at ending their nearly four-month...

Politics

Trump’s Iran Strategy: What Has Been Achieved After Three Months of Conflict?

More than three months after the United States and Israel launched airstrikes on Iran on February 28, President Donald Trumps objectives remain under scrutiny as a preliminary peace agreement moves toward finalization....

Russia and Ukraine Exchange Strikes After Zelenskiy-Trump Talks

Russia and Ukraine exchanged fresh attacks overnight, escalating tensions just hours after Ukrainian President Volodymyr Zelenskiy held discussions with U.S. President Donald Trump, French President Emmanuel Macron, and...

South Korea’s Lee Jae Myung Strengthens Ties With Trump at G7 Summit, Discusses North Korea and Future Golf Meeting

South Korean President Lee Jae Myung emerged from the G7 summit with a symbolic gift from U.S. President Donald Trump and renewed momentum in South Korea-U.S. relations, following extensive discussions on North Korea,...

Trump-Iran Interim Agreement Extends Ceasefire as G7 Leaders Welcome Path to Peace

The United States and Iran have released the text of a newly signed interim agreement aimed at ending months of conflict, with U.S. President Donald Trump warning that military action could resume if Tehran fails to comply...

Trump Questions USMCA Renewal as Trade Talks Continue

U.S. President Donald Trump has cast doubt on the future of the United States-Mexico-Canada Agreement (USMCA), saying the United States could perform better without the North American trade pact, although he remains open...

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

Google Gemini Co-Lead Noam Shazeer Leaves for OpenAI Amid AI Talent Race

Noam Shazeer, a vice president of engineering at Google and one of the leaders behind the companys Gemini artificial intelligence models, has announced that he is leaving Google to join OpenAI, the creator of ChatGPT. The...

SK Hynix Shares Hit Record High After Shipping Next-Generation HBM4E AI Memory Samples

SK Hynix Inc. saw its shares surge to an all-time high on Thursday after announcing the shipment of samples of its latest high-bandwidth memory (HBM) product, reinforcing its position as a leading supplier in the rapidly...

Apple Signals Product Price Hikes Amid Rising Memory Chip Costs

Apple may soon increase prices across some of its products as rising memory and storage chip costs continue to pressure the consumer electronics industry. In an interview with The Wall Street Journal, Apple CEO Tim Cook...

Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation

Chinese social media platform Xiaohongshu, internationally known as RedNote, is reportedly preparing for a Hong Kong initial public offering (IPO) that could value the company at more than $70 billion. According to a Wall...

Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity

Samsung Electronics is attracting growing attention from major global technology companies as demand for advanced semiconductor manufacturing continues to exceed available capacity at Taiwan Semiconductor Manufacturing Co....