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Wall Street Closes Slightly Lower Amid Weak Job Data and Fed Rate Cut Speculation

Sep 05, 2024 19:29 pm UTC| Business Economy

U.S. stocks ended slightly lower on September 4 following weak labor market data and Federal Reserve comments supporting a potential interest rate cut. The Dow rose marginally, while the SP 500 and Nasdaq dipped as tech...

FxWirePro- Major Economic Events

Sep 05, 2024 03:24 am UTC| Economy

Time (GMT) Currency Event Forecast Previous 8:30 am UK Construction...

파키스탄 8월 물가상승률 9.6%로 둔화, 거의 3년 만에 한 자릿수 기록

Sep 05, 2024 02:08 am UTC| Economy

파키스탄의 연간 물가상승률이 8월에 9.6%로 하락하며, 거의 3년 만에 처음으로 한 자릿수를 기록했다. 이는 70억 달러 규모의 국제통화기금(IMF) 대출 프로그램과 최근 중앙은행의 금리 인하 등 경제 안정을 위한 노력의 결과로...

아시아 공장, 8월 중국 제조업 회복에 힘입어 회복 조짐

Sep 05, 2024 02:07 am UTC| Economy

8월에 중국을 포함한 아시아 공장들이 회복 조짐을 보였으며, 중국 제조업 부문에서도 활동이 증가했다. 그러나 미국의 성장 불확실성과 중국의 장기적인 경기 둔화 등 지속적인 경제적 어려움이 여전히 이 지역의 전망을 어둡게 하고...

중국, 2024년 상반기 250억 달러 규모 반도체 투자…미국, 한국, 대만 합계 초과

Sep 05, 2024 02:07 am UTC| Business Economy

중국이 반도체 제조 역량을 강화하기 위해 2024년 상반기에 250억 달러를 기록적인 금액으로 투자하면서 미국, 한국, 대만의 합계보다 더 많은 비용을 지출했다. 이 대규모 투자는 중국이 글로벌 반도체 산업에서 주도적인 위치를...

Global Stocks Plunge as Tech Selloff and Growth Concerns Hit Nvidia and Asia Markets

Sep 04, 2024 15:20 pm UTC| Economy Business

Global stock futures and Asian shares fell sharply on September 4, driven by a selloff in technology stocks and mounting concerns over global economic growth. Nvidias record $279 billion drop fueled the tech decline, with...

Global Banks Lower China's Growth Forecast, Doubtful About Meeting 5% Target in 2024

Sep 04, 2024 15:16 pm UTC| Business Economy

Major global banks, including Bank of America and Goldman Sachs, have lowered their growth forecasts for China, now projecting less than 5% for 2024. BofA anticipates a 4.8% growth rate, citing weak domestic demand and...

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Economy

Wall Street Ends Lower as AI Selloff, Iran Tensions Weigh on Tech Stocks

Wall Street closed sharply lower on Friday, ending a two-week winning streak as investors sold technology shares amid a continued pullback in the artificial intelligence (AI) sector and renewed concerns over inflation...

Brent Oil Jumps 16% for Best Week Since April as US-Iran Conflict Fuels Supply Fears

Global oil prices posted their strongest weekly gains in months on Friday as the escalating conflict between the United States and Iran heightened concerns over global crude supply and shipping disruptions through the...

Trump Threatens Higher Canada Tariffs as Wildfire Smoke Sparks U.S. Air Quality Crisis

President Donald Trump has threatened to impose higher tariffs on Canada, blaming the country for worsening air pollution across the United States as smoke from hundreds of active Canadian wildfires spreads south of the...

AI Chip Stocks Face Valuation Pressure as Investors Shift Toward Big Tech and Software

The explosive rally in AI semiconductor stocks is showing signs of cooling as investors question lofty valuations and whether the massive spending on artificial intelligence infrastructure can continue at its current pace....

Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand

Malaysias economy expanded by 5.8% year-on-year in the second quarter of 2026, outperforming market expectations and highlighting the countrys resilience despite ongoing geopolitical uncertainties. According to advance...

Politics

Iran Expands Gulf Attacks as U.S. Strikes Intensify, Oil Prices Surge

Iran widened its military campaign against U.S. allies in the Gulf on Saturday after the United States carried out a seventh consecutive night of strikes on Iranian military targets, marking another escalation in the...

Brazil Supreme Court Tightens Jair Bolsonaro House Arrest Ahead of Election

Brazils Supreme Court has imposed stricter restrictions on former President Jair Bolsonaro, suspending all non-essential visits to his residence for 30 days as the country moves closer to its October presidential election....

US Expands Iran Strikes as Strait of Hormuz Shipping Drops, Oil Prices Climb

The United States carried out a seventh straight night of military strikes on Iran, extending operations beyond the countrys southern coast and deeper into its interior, while Tehran launched retaliatory attacks on...

DOJ Subpoenas Major Law Firms in Trump Executive Order Dispute

The U.S. Justice Department has issued subpoenas to 14 major law firms seeking records and sworn testimony related to executive orders signed by President Donald Trump that targeted several prominent legal firms or...

Trump Criticizes ABC, NBC and CNN for Limiting Coverage of Election Speech

President Donald Trump criticized ABC, NBC and CNN after the three major U.S. news organizations declined to air his prime-time address on their main television platforms, intensifying his long-running dispute with the...

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

DeepSeek Eyes $74 Billion Valuation Ahead of Planned China IPO

Chinese artificial intelligence startup DeepSeek is preparing a new fundraising round that could value the company at approximately 500 billion yuan ($74 billion) as it moves closer to a potential initial public offering...

SpaceX Eyes Pentagon AI Deal as Cloud Pricing Strategy Pressures CoreWeave

SpaceX briefly recovered some of its losses on Friday after a Wall Street Journal report said the aerospace company is negotiating a multi-billion-dollar agreement with the Pentagon to provide artificial intelligence...

Mikron H1 2026 Sales Fall 5.9% as Automation Weakness Weighs on Profit

Swiss automation and machining systems manufacturer Mikron Group AG reported lower first-half 2026 results as weaker demand in its Automation and Machining businesses offset strong growth in its Tool division. Despite the...

KAIST, Stanford Develop Self-Dressing Robot for Cleanrooms and Emergency Gear

Researchers from South Koreas Korea Advanced Institute of Science and Technology (KAIST) and Stanford University have developed an innovative self-dressing robotic technology that allows people to put on clothing without...

SpaceX Aborts Starship Test Flight as Engine Issue Delays Launch

SpaceX (NASDAQ: SPCX) called off the 13th test flight of its Starship rocket just minutes before its scheduled liftoff from its Texas launch site on Thursday after an engine-related issue triggered an automatic abort. CEO...
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