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Swedish retail sales fall above expectations in July

Aug 28, 2018 13:11 pm UTC| Commentary

Swedish retail sales fell more than expected in July after dropping sharply in the prior month. On a year on year basis, retail sales in Sweden fell 1.2 percent, whereas it dropped 1 percent on a sequential basis. July...

Global Geopolitical leaders: Palestinian Authority leaders between rock and a hard place

Aug 28, 2018 12:35 pm UTC| Commentary

Times are tough for Palestinian Authority (PA) leaders and especially for President Mahmoud Abbas as the leaders popularity declines at home, amid tightening of the geopolitical screw by President Donald Trump of the U.S....

Singapore’s economic growth likely to moderate in H2 2018, MAS to continue policy normalization

Aug 28, 2018 12:23 pm UTC| Commentary

In the first half of this year, the Singaporean economy has grown 4.2 percent. Nevertheless, the economic growth is likely to ease in the second half of the year, owing to the less favourable base effects, noted ANZ in a...

Global Geopolitical Series: Pompeo pressured to condemn Saudi abduction of activists

Aug 28, 2018 12:07 pm UTC| Commentary

As the United States left Canada alone in its bitter feud with Saudi Arabia over the abduction of two female social activists by the Kingdom, American lawmakers have come forwarded in support. The feud was triggered after...

Cryptocurrency Brief: Bitcoin surges to 3-week high on renewed buying interest, altcoins follow suit, ETH/USD ditches the trend – Tuesday, August 28th, 2018

Aug 28, 2018 11:54 am UTC| Commentary Digital Currency Market Roundups Economy

BTC/USD: Bitcoin prices surged to a 3-week high during European session Monday as investors engaged in buying attitude across the board. A report from Ethereum World News confirmed that Tom Lee has predicted that BTC could...

Global Geopolitical Series: French President calls for independent EU military might to counter Washington’s influence

Aug 28, 2018 11:23 am UTC| Commentary

French President Emmanuel Macron once again pushed one of his top agenda, which is to build European Joint military force calling it a necessity of the current time as the European Union and the United States are drifting...

U.S. Treasuries tad lower ahead of 5-year auction, Q2 GDP

Aug 28, 2018 11:16 am UTC| Commentary Economy

The U.S. Treasuries remained tad lower Tuesday ahead of the countrys 5-year auction, scheduled to be held today by 17:00GMT. Also, the second-quarter gross domestic product (GDP), due to be released on August 29 by...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....