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German bunds remain flat after eurozone December flash CPI estimate edges higher

Jan 07, 2020 10:44 am UTC| Commentary Economy

The German bunds remained flat during European session Tuesday after the eurozones December flash estimate of consumer price inflation (CPI) edged higher, albeit meeting market expectations. Investors will now eye Germanys...

UK gilts slump in muted trading session ahead of 10-year auction

Jan 07, 2020 10:09 am UTC| Commentary Economy

The United Kingdoms gilts slumped during European trading hours Tuesday amid a muted trading session that witnessed data of little economic significance ahead of a host of 2-tier economic data due for release through this...

Australian ANZ-Roy Morgan consumer confidence falls to lowest level in over four years

Jan 07, 2020 08:50 am UTC| Commentary Economy

Australias ANZ-Roy Morgan consumer confidence fell 1.7 percent last week, to its lowest level in more than four years. A drop in confidence at the start of the year is unusual and almost certainly reflects the impact of...

PBoC likely to maintain easing bias, to cut RRR this year: ANZ Research

Jan 07, 2020 07:29 am UTC| Commentary Central Banks Economy

The Peoples Bank of China (PBoC) is expected to maintain an easing bias, given its concerns about financial stability, according to the latest report from ANZ Research. Chinas headline inflation will move higher amid...

USD/INR likely to trade lower when external uncertainty fades away, says Scotiabank

Jan 07, 2020 06:08 am UTC| Commentary Economy

The USD/INR currency pair is expected to trade lower when external uncertainty fades away as a full-blown war is in no ones interest, neither the US nor Iran, according to the latest research report from...

Australian bonds slightly gain despite fall in U.S. Treasuries as Iran tensions fade away

Jan 07, 2020 03:05 am UTC| Commentary Economy

The Australian bonds gained slightly during Asian session of the second trading day of the week Tuesday despite a fall in the United States Treasuries in the overnight session amid slowdown in the Iranian tensions. The...

History repeats itself. That's bad news for the 2020s

Jan 06, 2020 17:05 pm UTC| Insights & Views Economy

What will happen in the 2020s? If history is any guide (and theres good reason to think it is), the outlook isnt great. Here are some big-picture predictions: stagnant real wages, faltering standard of living for the...

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Economy

Vietnam, U.S. Firms Plan 29 Deals Across Energy, Tech and Aviation

Vietnamese and U.S. companies are expected to announce a broad package of commercial agreements covering energy, technology, aviation and financial services next week as Vietnamese leader To Lam visits New York. An...

UK Inflation Rises to 3.1% Ahead of BoE Rate Decision

UK inflation accelerated in August, adding pressure on households and policymakers just one day before the Bank of England is expected to announce its latest interest rate decision. Official figures released Wednesday...

Asian Currencies Subdued as Yen Slides Ahead of Fed, BOJ Decisions

Asian currencies traded mostly cautiously on Wednesday as the Japanese yen weakened to a one-week low and the U.S. dollar remained near multi-week highs ahead of key Federal Reserve and Bank of Japan policy decisions. The...

Saudi Arabia Raises Security Alerts as Houthi Attacks Threaten Oil Routes

Saudi Arabia issued widespread security alerts on Tuesday, including in Mecca and Jeddah, as attacks by Iran-aligned groups intensified and raised fresh concerns over Middle East oil supplies and Red Sea shipping. The...

Hong Kong Unveils First Five-Year Plan to Boost Finance, Tech and Housing

Hong Kong Chief Executive John Lee unveiled the citys first five-year development plan on Wednesday, outlining measures to strengthen its status as a global financial hub, improve residents livelihoods and deepen...

Politics

US Confirms Weapons in Orbit as Space Tensions Rise

The United States has publicly acknowledged operating weapons in Earths orbit, marking a major shift in how the Pentagon discusses military capabilities in space as competition with China and Russia intensifies. U.S. Air...

South Korea’s Cho Hyun to Meet Rubio in Washington

South Korean Foreign Minister Cho Hyun will travel to Washington this week for talks with U.S. Secretary of State Marco Rubio, as Seoul and Washington seek to maintain close coordination on their bilateral alliance, the...

Ovechkin Faces Scrutiny Over United Russia Campaign Video

Washington Capitals star Alexander Ovechkin has drawn renewed attention over his political ties after appearing in a campaign video connected to United Russia, the ruling party backed by Russian President Vladimir Putin....

U.S. Imposes New Visa Restrictions Over South Africa Policies

The United States has announced a new visa restriction policy targeting certain foreign nationals from South Africa, marking another deterioration in relations between Washington and Pretoria. U.S. Secretary of State Marco...

UK PM Andy Burnham Set for First Trump Meeting in New York

British Prime Minister Andy Burnham is expected to meet U.S. President Donald Trump for the first time next week in New York, marking their first face-to-face talks since Burnham took office. The meeting is expected to...

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

Databricks to Invest $350 Million in Singapore AI Expansion

Databricks plans to invest more than $350 million in Singapore over the next three years, expanding its presence in the city-state as demand rises for its data and artificial intelligence products. The privately held data...

SK Hynix, Intel Discuss U.S. Memory Chip Production Deal

SK Hynix is reportedly in discussions with Intel over a potential agreement to manufacture memory chips in the United States, a move that would mark the South Korean semiconductor giants first U.S.-based memory production....

DOJ Will Investigate AI-Related Crimes, Attorney General Blanche Says

U.S. Attorney General Todd Blanche said the Department of Justice will investigate individuals or companies connected to artificial intelligence when there is evidence they have violated federal criminal law, while...

Meta CEO Zuckerberg Backs Independent AI Safety Reviews Over Development Slowdown

Meta CEO Mark Zuckerberg has argued that artificial intelligence companies should prioritize independent safety evaluations and stronger alignment rather than slowing the pace of AI development. Zuckerberg said AI...

Nvidia CEO Jensen Huang Expected at Trump-Xi State Dinner

Nvidia CEO Jensen Huang is expected to attend a state dinner hosted by U.S. President Donald Trump for Chinese President Xi Jinping next week, placing one of the technology industrys most prominent executives at the center...
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