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Thu, Dec 18, 2025 12:02 AM All times are UTC

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FxWirePro: Asian markets marginally higher, gold flat at $1,195 mark

Aug 22, 2018 05:11 am UTC| Commentary

All the major Asian indices were trading on a higher note on Wednesday. Gold was trading around $1,195 mark while silver was trading around $14.77 mark. Japans Nikkei was trading 0.56 pct higher at 22,345.50...

FxWirePro: The Day Ahead- 22nd August 2018

Aug 22, 2018 04:26 am UTC| Commentary

Not many economic data and events scheduled for today, and all with low to medium volatility risks associated. Data released so far: Australia: Construction work done in the second quarter rose 1.6...

Australian bonds trade narrowly mixed in subdued session; investors eye U.S-China trade talks

Aug 22, 2018 03:38 am UTC| Commentary Economy

Australian bonds traded narrowly mixed in subdued Wednesday session as investors remain sidelined in any major deal ahead of the U.S.-China trade talks. The yield on Australias benchmark 10-year note, which moves...

U.K. budget surplus expands year-on-year in July

Aug 21, 2018 19:07 pm UTC| Commentary

The U.K. public finances saw net borrowing of less than GBP 40 billion last financial year. This was the lowest level in 11 years and nearly GBP 6 billion lower compared to the official OBR expectation. The rebounding...

U.K. CBI Industrial Trends survey’s output indicator eased in August

Aug 21, 2018 17:58 pm UTC| Commentary

U.K.s CBI Industrial Trends survey released today painted a comparatively positive picture of the latest developments in the U.K. manufacturing sector. While the surveys output indicator dropped to 21 percent from 27...

Commodities snapshot (precious & industrial)

Aug 21, 2018 17:04 pm UTC| Commentary

The metal pack is up today. The performance this week at a glance in chart table - Gold: Gold remains under pressure amid a stronger dollar and higher rates but up this week on a weaker dollar. Todays range...

U.S. existing home sales likely to have risen in July

Aug 21, 2018 16:57 pm UTC| Commentary

U.S. existing home sales are expected to have risen in July. In the prior month, home sales had decelerated to an annualized rate of just 5.38 million. Low inventories are still the main problem holding back sales....

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Economy

South Korea Warns Weak Won Could Push Inflation Higher in 2025

South Koreas central bank has warned that inflation next year could exceed earlier projections if the Korean won remains weak against the U.S. dollar, raising concerns about price stability and currency market pressures....

Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism

Chinese robotaxi stocks surged in Hong Kong trading on Wednesday, tracking strong overnight gains in Tesla Inc (NASDAQ: TSLA) as investor optimism around autonomous driving and ride-hailing technology continued to build....

Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes

Most Asian currencies edged lower on Wednesday as investors weighed the U.S. Federal Reserves future interest rate path following mixed signals from the latest U.S. labor market data. At the same time, the Indian rupee...

Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty

Gold prices climbed during Asian trading on Wednesday, while silver prices surged to a fresh all-time high, as growing concerns over the U.S. economy fueled strong demand for safe haven assets. Investors increasingly...

Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices

U.S. President Donald Trump has ordered a total and complete blockade of all sanctioned oil tankers entering and leaving Venezuela, dramatically escalating Washingtons pressure on President Nicolas Maduros government and...

Politics

Zelenskiy Urges Allies to Use Frozen Russian Assets as EU Summit Nears

Ukrainian President Volodymyr Zelenskiy has urged Kyivs allies to strengthen their support and send a clear signal to Moscow that continuing the war against Ukraine is futile, ahead of a crucial European Union summit...

NSW to Recall Parliament for Urgent Gun and Protest Law Reforms After Bondi Beach Shooting

The Australian state of New South Wales will recall parliament next week to pass sweeping reforms to gun ownership and protest laws following the countrys deadliest mass shooting in more than 30 years. The move comes just...

Pakistan’s Army Chief Faces Gaza Troop Dilemma Amid US Pressure

Pakistans most powerful military leader in decades, Field Marshal Asim Munir, is facing a critical test of his expanded authority as the United States presses Islamabad to contribute troops to a proposed Gaza stabilisation...

Trump Taps Former DHS Official Troy Edgar for U.S. Ambassador Role in El Salvador

President Donald Trump announced on Tuesday that he intends to nominate Troy Edgar as the next United States ambassador to El Salvador, highlighting the administrations continued focus on strengthening diplomatic and...

Lukashenko Urges Swift Ukraine Peace Deal, Backs Trump’s Push for Rapid Resolution

Belarusian President Alexander Lukashenko has called for urgent action to end the war in Ukraine, voicing support for U.S. President Donald Trumps push for a rapid resolution while Washington continues diplomatic efforts...

Science

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...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking.

A European privacy advocacy group has filed fresh complaints against TikTok, Grindr, and AppsFlyer, accusing the companies of violating European Union privacy laws by unlawfully tracking and sharing sensitive user data...

MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy

Shares of Chinese AI chipmaker MetaX Integrated Circuits delivered a stunning market debut, soaring more than 600% above their initial public offering price as domestic investors poured into local semiconductor stocks. The...

Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates

Apple Inc. (NASDAQ: AAPL) is reportedly in early-stage discussions with Indian semiconductor companies to explore the assembly and packaging of iPhone components in India, marking a potential shift in the companys global...

Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation

Amazon.com Inc is reportedly in discussions to make a major investment in OpenAI, the creator of ChatGPT, in a potential deal that could value the artificial intelligence company at more than $500 billion, according to a...

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

SUPERFORTUNE, a web3 AI application incubated by Manta Network, has launched its first mobile application, expanding beyond crypto-native users into the global consumer market. The SUPERFORTUNE mobile app delivers...