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Typhoon pushes Taiwan's food prices higher in August

Sep 08, 2015 02:31 am UTC| Commentary Economy

August inflation came in at -0.45%, stronger than expected (Barclays: -0.85%; consensus: -0.80%), as a powerful typhoon (Soudelor - on 7-8 August) pushed up food prices.Food prices were up 3.1% y/y (Jul: 1.8%; Jun: 1.9%),...

Exports continue to face headwinds in Taiwan

Sep 08, 2015 01:17 am UTC| Commentary Economy

August trade data remained disappointing. Exports contracted 14.8% (YoY) in dollar terms, worse than the -11.9% in Jul15. Admittedly, the weakness in headline numbers was partly caused by the high base in the year-ago...

Domestic demand becomes key driver of GDP growth in the CEE region

Sep 08, 2015 00:05 am UTC| Commentary Economy

The structure of GDP growth in the Centeral and Eastern Europe (CEE) region is gradually changing. While in 2011 and 2012, net exports represented the key source of GDP growth, we are now seeing a visible shift towards...

U.K. housing market imbalance continues in August

Sep 07, 2015 07:51 am UTC| Commentary Economy

The key feature of the U.K. July RICS housing survey was the glaring contrast between the strength of new buyer enquiries and the weakness of new vendor instructions (a difference between them is taken as a measure of...

China's activity growth likely to improve

Sep 07, 2015 06:16 am UTC| Commentary Economy

Chinas housing investment should start to see a slightly more pronounced recovery after four months of sales rebounds. Nominal retail sales might have improved as well given a higher inflation rate. Chinas activity...

Canadian economy added a respectable 12K jobs in August, with positive details

Sep 04, 2015 16:56 pm UTC| Commentary Economy

Canadas economy gained 12K net new jobs in August, but the unemployment rate edged up to 7.0% as more people searched for work.The headline gain was driven by a big jump in full-time jobs (+54K), largely offset by losses...

Is Japan's inflationary efforts failing?

Sep 04, 2015 07:58 am UTC| Commentary Economy

BoJ Governor Haruhiko Kuroda had used the allegedly positive wage development as an indicator of his extremely optimistic inflation forecast. Even in the past that had been a very courageous interpretation of the wage...

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Economy

Hungary Industrial Output Beats Forecasts With 4.7% July Growth

Hungarys industrial output increased 4.7% year-on-year in July, beating market expectations and signaling continued growth in the countrys manufacturing sector, preliminary data showed on Monday. According to Hungarys...

Iran Plans New Gulf Restricted Zone as Hormuz Tensions Push Oil Higher

Iran plans to establish a new restricted zone in the Gulf and introduce shipping routes through the Strait of Hormuz, escalating tensions after renewed U.S.-Iran strikes disrupted maritime traffic and pushed oil prices...

UK House Prices Fall for First Time Since 2023

UK house prices recorded their first annual decline in nearly three years in August as higher borrowing costs and economic uncertainty weighed on buyer demand, according to new data from Lloyds. House prices fell 0.4%...

Asian Currencies Mixed as Yen Rallies on BOJ Bets

Asian currencies traded mixed on Monday as the U.S. dollar hovered near recent lows, while the Japanese yen strengthened further on expectations of a Bank of Japan rate hike and potential currency intervention. The U.S....

US Stock Futures Mixed as Strong Jobs Data Boosts Fed Rate Hike Bets

U.S. stock futures traded mixed Sunday evening as investors digested a stronger-than-expected August jobs report that increased expectations for a Federal Reserve interest rate hike in September. Trading activity was...

Politics

Kyiv Mothers Give Birth Amid Russian Drone Attacks

Women in Kyiv are giving birth under the constant threat of Russian drone attacks, highlighting how Ukraines escalating air war is reshaping everyday life and deepening the countrys demographic crisis. Alyona Bohatyrenko,...

Iran Vows Tougher Response as U.S. Sanctions Squeeze Economy

Iran pledged to intensify efforts to counter mounting U.S. sanctions and economic pressure, while a senior official warned Washington that any further attacks would trigger a faster and more severe Iranian response. Six...

EU to Boost Greenland Investment Amid Trump Pressure

European Commission President Ursula von der Leyen is expected to announce a major increase in EU investment in Greenland on Monday, strengthening economic and political ties as U.S. President Donald Trump continues to...

Netanyahu Orders West Bank Settler Outposts Dismantled

Israeli Prime Minister Benjamin Netanyahu has ordered unauthorized settler outposts in the West Bank to be dismantled amid growing U.S. pressure on Israel to curb violence against Palestinians, according to two people...

Putin Meets US Envoys in Moscow as Ukraine Peace Push Intensifies

Russian President Vladimir Putin held more than three hours of talks with U.S. envoys Steve Witkoff and Jared Kushner on Saturday as Washington stepped up efforts to negotiate an end to the Ukraine war. Kremlin aide Yuri...

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

Huawei Launches Mate XT2 Foldable Phone in China

Huawei unveiled its latest flagship foldable smartphone, the Mate XT2, on Monday as the Chinese technology giant looks to maintain its dominance in the countrys premium smartphone market amid growing competition from Apple...

Nvidia CEO Says AGI Has Arrived With OpenAI GPT-6 Astra

Nvidia (NASDAQ: NVDA) CEO Jensen Huang has declared that artificial general intelligence, or AGI, has arrived, pointing to OpenAIs newly launched GPT-6 Astra as a major milestone in the accelerating development of...

SpaceX Turbine Push Unlikely to Threaten Howmet, Bernstein Says

SpaceXs plan to manufacture industrial gas turbine blades and vanes is unlikely to significantly threaten Howmet Aerospace, according to Bernstein analysts, who see recent weakness in Howmet shares as a potential buying...

Anthropic IPO Marketing Expected to Start in Mid-October

Anthropic is expected to begin marketing its initial public offering in mid-October at the earliest, as the artificial intelligence company adjusts the timeline for what could become one of the largest IPOs in history. The...

Japan, US Target AI and Chips in $550 Billion Investment Push

Japan and the United States are advancing a $550 billion investment initiative, with artificial intelligence and semiconductor projects expected to become major priorities in the next phase of the economic partnership,...
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