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Fitch: Korea Election Result Raises Reform Implementation Risks

Apr 15, 2016 04:20 am UTC| Research & Analysis Politics

The South Korean government will find it more difficult to implement key structural reforms to boost long-term productivity, after the governing party lost in recently held elections, says Fitch Ratings. South Koreas...

Fitch: Weaker Credit Sentiment Impacting Australian Spreads

Apr 14, 2016 23:16 pm UTC| Research & Analysis

Australian investors remain downbeat in their outlook for credit, with more than half expecting fundamental credit conditions for financials and corporates to deteriorate over the next 12 months, according to Fitch Ratings...

Fitch Downgrades Saudi Arabia to 'AA-'; Outlook Remains Negative 

Apr 12, 2016 10:55 am UTC| Research & Analysis

Fitch Ratings has downgraded Saudi Arabias Long-term foreign and local currency Issuer Default Ratings (IDRs) to AA- from AA. The Outlooks on the Long-term IDRs remain Negative. The Country Ceiling is affirmed at AA+ and...

Young people missing out on jobs to older workers and migrants: study

Apr 12, 2016 02:06 am UTC| Research & Analysis Economy

Young people have missed out at the expense older workers and migrants in the job market, according to new research on youth employment. Government policy and Australias sluggish economy have added to the problem. While...

Fitch Assigns Malaysia's Sukuk 'A- (EXP)' 

Apr 11, 2016 07:23 am UTC| Research & Analysis

Fitch Ratings has assigned Malaysias proposed US dollar-denominated sovereign global sukuk trust certificates, to be issued by Malaysia Sukuk Global Berhad (MSGB), an expected A-(EXP) rating. The expected rating is in line...

Fitch Affirms the Philippines at 'BBB-'; Outlook Positive

Apr 08, 2016 08:06 am UTC| Research & Analysis

Fitch Ratings has affirmed the Philippines Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at BBB- and BBB respectively, and the Outlook remains Positive. The issue ratings on the Philippiness senior...

Moody's: Germany's economic growth to slightly accelerate in 2016, fiscal outlook remains strong

Apr 07, 2016 23:50 pm UTC| Research & Analysis

Germanys (Aaa stable) economic recovery will continue in 2016, driven by relatively strong domestic demand, says Moodys Investors Service in a new report. Moodys report, entitled Government of Germany -- Aaa Stable, is...

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Economy

New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices

A dangerous outbreak of the New World Screwworm has moved closer to the United States, raising serious concerns for the livestock industry and agricultural economy. According to the U.S. Department of Agriculture (USDA),...

Iran-U.S. Nuclear Talks Remain Unresolved as Strait of Hormuz Risks Keep Markets on Edge

Iran has rejected suggestions that a final agreement has been reached with the United States, emphasizing that negotiations surrounding its nuclear program remain ongoing. The statement came after comments from U.S....

US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns

The United States has initiated a new trade investigation into Vietnams handling of intellectual property (IP) rights, a move that could eventually lead to additional tariffs on Vietnamese imports. The investigation,...

US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook

The U.S. dollar weakened slightly on Friday as investor confidence improved following comments from President Donald Trump regarding a possible peace agreement between the United States and Iran. The prospect of easing...

Oil Prices Fall as Markets Await U.S.-Iran Peace Deal Decision

Oil prices moved lower on Friday as investors closely monitored developments surrounding a potential U.S.-Iran peace agreement. Market sentiment weakened after U.S. President Donald Trump stated that he would meet with...

Politics

US Southern Command Chief Holds Rare Military Meeting With Cuban Officials at Guantanamo Bay

A rare high-level military meeting between the United States and Cuba took place at the perimeter of the U.S. Naval Station at Guantanamo Bay, marking a significant development in U.S.-Cuba relations amid growing...

Trump Nears Decision on Iran Ceasefire Extension as Key Disputes Remain

U.S. President Donald Trump said Friday that he is close to making a final decision on a proposed agreement to extend the current ceasefire with Iran, although major disagreements between Washington and Tehran continue to...

Poland Considers Revoking Zelensky’s Top Honor Over Controversial UPA Army Unit Recognition

Poland is considering revoking one of its highest state honors awarded to Ukrainian President Volodymyr Zelensky after a controversial decision by Ukraine to rename a military unit after the Ukrainian Insurgent Army (UPA),...

Trump Signs Executive Order to Expand Access to Federal Lands in the U.S.

U.S. President Donald Trump signed an executive order on Friday aimed at removing restrictions that limit access to federal lands across the United States, according to a statement from the White House. The move is part of...

UN Blacklists Israel and Russia Over Conflict-Related Sexual Violence Claims

The United Nations has added Israel and Russia to its official blacklist of parties suspected of committing conflict-related sexual violence, a decision that has sparked strong international reactions and intensified...

Science

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...

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...

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...

Technology

Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements

A Kentucky school district has secured nearly $27 million in settlements from major social media companies over allegations that their platforms contributed to a growing student mental health crisis. The financial details,...

MongoDB Q1 FY2027 Earnings Beat Expectations, Raises Full-Year Outlook

MongoDB (NASDAQ: MDB) delivered stronger-than-expected first-quarter fiscal 2027 results, fueled by growing demand for its database platform among enterprises and organizations developing artificial intelligence...

SpaceX IPO Could Become Largest in History with $1.8 Trillion Valuation Target

Elon Musks SpaceX is reportedly moving forward with plans for a historic initial public offering (IPO), targeting a valuation of at least $1.8 trillion. According to a Bloomberg News report citing sources familiar with the...

Autodesk Beats Q1 Estimates, Acquires MaintainX for $3.6 Billion

Autodesk (NASDAQ: ADSK) reported stronger-than-expected financial results for its fiscal first quarter and announced a major $3.6 billion acquisition of MaintainX, a move that strengthens its position in AI-powered...

US Quantum Stocks Surge After $2 Billion Government Investment

The U.S. Department of Commerce has sparked major excitement across the technology and financial sectors after announcing plans to invest $2 billion into quantum computing and advanced hardware companies through the CHIPS...
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