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Inflation expectations in U.S. drop to 5-year low

Aug 26, 2015 10:24 am UTC| Insights & Views Economy

Recent financial market turmoil and lower price of commodities including energy has made it tough for US central bankers to go ahead with a rate hike in immediate policy meeting scheduled for September 16th/17th. While...

More stagnant inflation for Japan in July

Aug 26, 2015 04:35 am UTC| Commentary Economy

There will be a base effect due to last years rise in oil prices that continued through to mid-2014. Although the BoJ is aiming at achieving a 2% price stability target, Japan CPI (excluding fresh food) likely fell below...

Brazil's GDP to contract heavily in Q2 and 2015

Aug 25, 2015 22:36 pm UTC| Commentary Economy

Brazils economic activity index suggests that the supply-side economy contracted -7.3% qoq (annualised ) or -3.1% yoy in Q2. This prompts to project Q2 GDP growth of -1.7% qoq (-7.0% annualised or -2.7% yoy for the...

Why are we not seeing a manufacturing rebound in the northeast of US?

Aug 24, 2015 16:24 pm UTC| Commentary Economy

The U.S. manufacturing sector enjoyed a relatively swift bounce-back during the recovery. However, the rising tide did not lift all boats equally, with factory activity in the Northeast showing little improvement. This...

Brazil Q2 GDP unlikely to fall

Aug 21, 2015 09:26 am UTC| Commentary Economy

The June monthly GDP proxy for Brazil contracted by 0.6% m/m sa is consistent with the 1.0% m/m sa contraction of industrial production and the 0.8% m/m sa drop in broad retail sales. In q/q terms, the monthly GDP proxy...

Eurozone growth loses steam slightly

Aug 20, 2015 16:06 pm UTC| Commentary Economy

Eurozone growth slowed slightly to 0.3% q/q in Q2, from 0.4% q/q in the two previous quarters. This slowdown can be attributed to the backlash in economic growth in France, the Netherlands and Austria. The modest rebound...

Norwegian economy continues to suffer

Aug 20, 2015 07:20 am UTC| Commentary Economy

Things are strange, at least for Norges Bank. While other G10 central banks have to cope with (too) low inflation and relatively healthy growth, Norges Bank has to deal with (too) high inflation and (too) low growth....

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Economy

U.S. Job Market Braces for Slow Recovery Amid Middle East Tensions and Economic Uncertainty

The U.S. labor market is expected to post modest gains in March, recovering from Februarys sharp drop of 92,000 jobs, but persistent headwinds are keeping economists cautious. A Reuters poll forecasts nonfarm payrolls...

Bank of Japan Eyes Further Rate Hikes Amid Middle East Tensions and Inflation Pressures

A senior Bank of Japan official reaffirmed the central banks commitment to continuing its interest rate hike cycle, while closely monitoring how the ongoing Middle East conflict is shaping Japans economic outlook and...

Japan Signals Readiness to Intervene as Yen Weakens Toward 160 Per Dollar

Japanese Finance Minister Satsuki Katayama issued a stern warning to currency traders on Friday, signaling that Tokyo is prepared to take decisive action against what officials describe as speculative behavior driving...

China's Services Sector Maintains Growth Streak Despite March Slowdown

Chinas services industry continued to expand in March, though at a notably slower pace, as weakening demand and ongoing workforce reductions tempered activity across the sector. According to the latest RatingDog Services...

U.S. Stock Futures Stabilize Ahead of Good Friday as Investors Eye Jobs Report

U.S. stock index futures held steady Thursday evening as markets entered a cautious holding pattern before the Good Friday holiday closure, with traders weighing Middle East tensions and positioning ahead of a critical...

Politics

Iran-U.S. Military Tensions Escalate as Tehran Fortifies Key Energy Infrastructure

As geopolitical tensions between the United States and Iran intensify, Tehran is ramping up its military readiness in anticipation of a potential ground operation on its soil. According to reports from the Wall Street...

MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

A bipartisan group of U.S. lawmakers has unveiled the MATCH Act, a landmark piece of draft legislation designed to tighten export restrictions on advanced semiconductor manufacturing equipment destined for China. The...

First Western Ship Transits Strait of Hormuz Since Iran War Began

A container vessel operated by French shipping giant CMA CGM has become the first Western-linked ship to successfully navigate the Strait of Hormuz since the outbreak of the Iran war in late February, signaling a cautious...

Trump Fires Attorney General Pam Bondi Over Epstein Files and Slow Prosecutions

President Donald Trump removed Attorney General Pam Bondi from her position on Thursday, ending a tenure marked by controversy and growing frustration from the White House. Sources familiar with the matter say Trump had...

Ukraine Frontline Holds Firm as Zelenskyy Claims March Offensive Successfully Repelled

Ukrainian President Volodymyr Zelenskyy declared this week that the countrys frontline situation is the strongest it has been in ten months, crediting the Ukrainian armed forces with successfully neutralizing a major...

Science

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

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...

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...

Technology

Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

Microsoft is set to pour approximately $10 billion into Japan between now and 2029, channeling funds into data center expansion and artificial intelligence infrastructure to meet the countrys growing demand for data...

Australia's Social Media Ban for Under-16s Sparks Global Movement

Australias landmark social media ban for users under 16, which took effect in December, is reshaping digital policy conversations worldwide. Countries including Spain and Malaysia have signaled interest in adopting similar...

SpaceX Eyes Historic IPO at $1.75 Trillion Valuation

Elon Musks aerospace giant SpaceX has quietly filed a confidential IPO registration with the U.S. Securities and Exchange Commission, according to Bloomberg News sources familiar with the matter. The move signals that the...

Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman

Annie Altman has filed an amended civil lawsuit against her brother, OpenAI CEO Sam Altman, accusing him of sexually abusing her over a span of nearly a decade. The amended complaint was submitted Wednesday in St. Louis...

TSMC Japan's Second Fab to Produce 3nm Chips by 2028

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has confirmed plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in...