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Australia Q2 wage price growth edges gradually higher, spare capacity in labour market declines

Aug 15, 2018 09:39 am UTC| Commentary Economy

Australias wage price growth for the second quarter of this year edged higher but still only very gradually, with annual wage growth ticking up to 2.1 percent, following a downwardly revised 2.0 percent in the first...

New Zealand bonds close up on investor uncertainty over Turkey’s political chaos; Q2 producer price index eyed

Aug 15, 2018 07:09 am UTC| Commentary Economy

The New Zealand bonds closed up on Wednesday as investors still remain uncertain over Turkeys political chaos, although sentiments have started to stabilize, with the CBRTs invention to adopt measures in controlling the...

JGBs flat in muted trading session ahead of July trade balance data

Aug 15, 2018 05:38 am UTC| Commentary Economy

Japanese government bonds remained flat in a muted trading session Wednesday as investors wait to watch the countrys trade balance data for the month of July, scheduled to be released today by 23:50GMT. The yield on the...

Australian bonds surge as Turkey’s political woes linger despite measures to control falling lira; July employment report in focus

Aug 15, 2018 03:58 am UTC| Commentary Economy

Australian government bonds surged during Asian session Wednesday as political woes from Turkey lingered on despite measures by the Central Bank of Turkey (CBRT) to control the free fall in the lira. Further, investors...

Crypto Currency Brief: Major crypto pairs plunge to multi-month lows on generic pessimism, Jamaica Stock Exchange announces crypto asset trading in 2018 – Tuesday, August 14th, 2018

Aug 14, 2018 11:49 am UTC| Commentary Digital Currency Market Roundups Economy

BTC/USD: Bitcoin achieved new lows during late European session Tuesday, falling to 1-1/2 month low and breaching the $6,000 mark amid renewed sell-off for reasons quite unknown. Last week, the United States SEC had...

U.S. Treasury yields rally on ease in Turkey political deadlock after CBRT intervention to control falling lira

Aug 14, 2018 10:31 am UTC| Commentary Economy

The U.S. Treasury yields rallied Tuesday after concerns over Turkeys political deadlock eased to some extent, after the Central Bank of Turkey (CBRT) intervened yesterday, in an attempt to control the free fall of the...

German bunds fall after Q2 GDP rises, August ZEW economic sentiment improves

Aug 14, 2018 09:44 am UTC| Commentary Economy

The German bunds remained lower during European session Tuesday after the countrys gross domestic product (GDP) for the second quarter of this year rose, beating market expectations as well. Also, Germanys ZEW economic...

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Economy

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...

U.S. Inflation Surges in March as Iran War and Tariffs Drive Prices Higher

Marchs Consumer Price Index is expected to post its sharpest monthly increase in nearly four years, driven by skyrocketing oil prices tied to the U.S.-Iran conflict and the ongoing ripple effects of import tariffs. The...

Politics

Iran-US Peace Talks Begin in Islamabad Amid Ceasefire Tensions

Irans delegation touched down in Islamabad, Pakistan, on Friday to begin high-stakes diplomatic negotiations with the United States, even as Tehran raised last-minute conditions that cast uncertainty over the proceedings....

Trump's Gaza Peace Plan Stalls as Billions in Pledged Funding Fails to Materialize

Donald Trumps ambitious Gaza reconstruction initiative is facing a serious setback, with his Board of Peace receiving only a fraction of the $17 billion pledged by international donors. According to sources familiar with...

Trump Vows to Reopen Strait of Hormuz Amid Historic Energy Crisis

President Donald Trump stated on Friday that the United States expects to reopen the Strait of Hormuz fairly soon, though he acknowledged the effort would not be straightforward. Speaking to reporters, Trump did not...

Trump's 250-Foot Triumphal Arch Design Unveiled for Washington D.C.

The Trump administration has officially released detailed renderings of a proposed 250-foot Triumphal Arch for Washington D.C., a landmark project aimed at commemorating the 250th anniversary of the United States. The...

Trump's Iran Ceasefire Deal: What Really Happened Behind the Scenes

President Donald Trumps ceasefire agreement with Iran almost came with a dramatic national televised address but senior White House advisers quietly shut the idea down. According to three U.S. officials who spoke to...

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

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 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

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...

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...
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