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Fri, Sep 18, 2026 07:11 AM All times are UTC

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German bunds rally as Turkish turmoil rages; Italy-Germany yield spread highest in 3 months

Aug 13, 2018 10:02 am UTC| Commentary Economy

The German bunds rallied during European session Monday as political turmoil in Turkey took a savage turn, forcing investors to turn risk-averse, thus leading to a rise in debt prices. Additionally, the yield spread...

Further rise in India’s FX reserves unlikely on slowdown in foreign capital flows, current account pressures: DBS Group Research

Aug 13, 2018 09:15 am UTC| Commentary Economy

Further rise in Indias reserves this year is unlikely as foreign capital flows slow, and current account pressures resurface, according to the latest report from DBS Group Research. The balance of payments position is also...

EM Asian currencies likely to weaken further amid continuing Fed tightening, intensifying global risk aversion: Scotiabank

Aug 13, 2018 07:46 am UTC| Commentary Economy

Emerging market Asian currencies are expected to weaken further weaken further amid continuing policy tightening by the Federal Reserve and intensifying global risk aversion, according to the latest research report from...

New Zealand bonds close higher on as Turkish lira extends decline following political woes with U.S.

Aug 13, 2018 06:42 am UTC| Commentary Economy

The New Zealand bonds closed higher Monday after investors flooded into safe-haven instruments, following a decline in the Turkish lira as markets remain worried over the political tiff the country is experiencing with the...

JGBs gain on Turkey political deadlock; investors eye June industrial production, July trade balance data

Aug 13, 2018 05:35 am UTC| Commentary Economy

Japanese government bonds gained during Asian session Monday as falls in the Turkish lira spurred demand for safe-haven assets, following a political deadlock in the country. Investors will now focus on the countrys...

Australian bonds rally amid Turkey’s political crisis; 10-year yield plunges to 5-week low

Aug 13, 2018 04:00 am UTC| Commentary Economy

Australian government bonds rallied across the board on the first trading day Monday amid the ongoing political crisis in Turkey, pushing investors towards safe-haven assets. Also, along with the firmness in the U.S....

French industrial production falls again in Q2 2018

Aug 10, 2018 20:56 pm UTC| Commentary Economy

Industrial production in France drops in the second quarter for the second straight quarter. After falling in the four of the initial five months of this year, total French output recorded a 0.6 percent sequential rise in...

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Economy

Bessent Presses Japan on Fiscal Policy as Yen Struggles

U.S. Treasury Secretary Scott Bessent has pushed Japan to tighten fiscal policy and support higher interest rates as Washington and Tokyo work to stabilize the yen and limit risks in global bond markets. Japanese Finance...

Yen Slides After BOJ Rate Hike as Dollar Holds Near Seven-Week High

Asian currencies traded mixed on Friday, with the Japanese yen weakening despite a Bank of Japan interest rate hike, while a hawkish Federal Reserve outlook kept the U.S. dollar supported near a seven-week high. The U.S....

Asian Gold Stocks Rise as Bullion Rebounds on Softer Dollar

Asian gold stocks advanced on Friday as bullion extended its recovery from a nearly six-week low, supported by falling oil prices, lower Treasury yields and a weaker U.S. dollar. However, expectations for additional...

Venezuela Nears Deal to Move $4 Billion in Gold to New York Fed

Venezuelas government and opposition are nearing an agreement to transfer roughly $4 billion worth of the countrys gold reserves from the Bank of England to the Federal Reserve Bank of New York, potentially ending a...

Yen Sinks as BOJ Rate Hike Fails to Impress Markets

The Japanese yen weakened sharply against major currencies on Friday after the Bank of Japans widely expected interest rate hike failed to impress currency markets. The yen fell as much as 0.8% to 157.145 per U.S. dollar,...

Politics

South Korea’s Lee Rules Out Military Role in Middle East War

South Korean President Lee Jae Myung said Friday that Seoul will not deploy military forces to the Middle East in any capacity that could pull the country into war, while confirming that officials are considering a greater...

Najib Razak Granted House Arrest Until 2028

Malaysias pardons board has agreed to allow jailed former Prime Minister Najib Razak to serve the remainder of his prison sentence under house arrest, according to a statement from the prime ministers legal department on...

Houthis Seize Bab el-Mandeb as Military Power Grows

Yemens Houthi movement has strengthened its position as a major regional military force after a rapid offensive gave it control of the strategically important Bab el-Mandeb Strait, a critical passage connecting the Red Sea...

Pentagon Restarts Testosterone Testing for US Troops

The Pentagon is reinstating mandatory testosterone deficiency screening for U.S. service members aged 30 and older, reviving a controversial military health policy that has drawn concerns from medical professionals over...

Kim Yo Jong Warns of Stronger Response to US-Led Military Drills

North Koreas Kim Yo Jong has blamed US-led military exercises for escalating tensions on the Korean Peninsula, warning that Pyongyang will continue strengthening its nuclear deterrent and could take more forceful...

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

Apple Pay Set for India Launch With Axis Bank

Apple is preparing to launch Apple Pay in India next month, initially partnering with Axis Bank to support the lenders credit cards, according to three people familiar with the plans. The rollout would bring Apples digital...

Hyundai CEO Warns Chinese Automakers Could Disrupt US Market

Hyundai Motor CEO Jose Munoz warned that Chinese automakers could eventually reshape the US auto market as they have in Europe unless Washington maintains tariffs and other market-access protections. Speaking in San Jose,...

US Federal Register Drops Alibaba Qwen AI Search Tool

A U.S. government website used an artificial intelligence model developed by Chinas Alibaba to help users search federal regulatory information, despite recent U.S. concerns about Chinese AI companies and their use of...

France Urges Faster AI Push Despite Safety Risks

French Finance Minister Roland Lescure has pushed back against calls to slow artificial intelligence development, arguing that such proposals could benefit U.S. technology leaders while making it harder for France and...

Guterres Urges Stronger Global AI Safeguards Ahead of UN Assembly

United Nations Secretary-General Antonio Guterres warned world leaders on Wednesday that the rapid development of artificial intelligence carries significant risks that governments cannot afford to overlook, highlighting a...