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Wed, Oct 14, 2026 06:41 AM All times are UTC

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Fitch: No Change in UK Bank Capital Plans Following Stress Tests

Dec 02, 2015 11:40 am UTC| Research & Analysis

After its latest stress tests, the Bank of Englands (BoE) assessment is that the UK banking sector is adequately capitalised and the results will not force any capital planning revisions. Further sector-wide capital...

Fitch Affirms Indonesia's BFI at 'A+(idn)'; Outlook Revised to Positive

Dec 02, 2015 06:55 am UTC| Research & Analysis

Fitch Ratings Indonesia has affirmed the National Long-Term Rating and National Short-Term Rating of PT BFI Finance Indonesia Tbk (BFIF) at A+(idn) and F1(idn), respectively. The rating Outlook has been revised to Positive...

Fitch: Outlook for Chinese Department Stores Remains Negative

Dec 02, 2015 02:53 am UTC| Research & Analysis

Fitch Ratings sees the challenges faced by Chinese department stores as structural rather than cyclical and expects weakness in same-store-sales (SSS) growth to persist for at least another 12-18 months, according to a new...

Moody's: Slowing economy pressures revenue and leverage of China's non-financial corporates; but sector credit quality to diverge amid economic rebalancing

Dec 02, 2015 01:58 am UTC| Research & Analysis

Moodys Investors Service says that Chinas (Aa3 stable) economic slowdown will pressure the profitability of the countrys non-financial corporates into 2016, making debt deleveraging unlikely over the next 12-18 months,...

Fitch: European Structured Finance Outlook Improves in 2016

Dec 01, 2015 12:14 pm UTC| Research & Analysis

An improved macroeconomic landscape, consumer confidence and a more competitive lending environment will continue to support improving asset performance in the European structured finance (ESF) market next year, Fitch...

Moody's: Indian investment levels showing nascent signs of recovery

Dec 01, 2015 07:50 am UTC| Research & Analysis

Moodys Investors Service says that investment levels in India (Baa3 positive) are showing nascent signs of recovery, driven by an upturn in the capital replacement cycle, and increased public sector expenditure. Recent...

Moody's: Finding new drivers of economic growth is key to China's reform success

Dec 01, 2015 07:44 am UTC| Research & Analysis

Moodys Investors Service says that finding new drivers of economic growth that are less reliant on borrowing will be key to the success of the reforms announced at the November 2013 Third Plenum of the Communist Party and...

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Economy

Oil Prices Mixed as Russia Diesel Deal and Houthi Attacks Raise Supply Concerns

Oil prices traded mixed on Tuesday as investors assessed the impact of a U.S.-Russia diesel supply agreement alongside growing concerns about Middle East oil disruptions following escalating Houthi attacks in Yemen and...

Wall Street Closes Lower as Bank Earnings and AI Concerns Weigh

Wall Street stocks ended slightly lower on Tuesday, October 13, as mixed bank earnings and growing concerns over Chinese artificial intelligence competition pressured investor sentiment ahead of key U.S. inflation data....

IMF Maintains 2027 Global Growth Forecast at 3.4% Amid Rising Risks

The International Monetary Fund (IMF) maintained its 2027 global economic growth forecast at 3.4%, warning that escalating Middle East tensions, rising government debt and persistent inflation could threaten the global...

Philippines Current Account Deficit Seen at $19.1 Billion in 2026

The Bangko Sentral ng Pilipinas (BSP) expects the Philippines current account deficit to reach $19.1 billion in 2026, equivalent to 3.8% of the countrys gross domestic product (GDP), according to projections announced by...

RBA Signals More Rate Hikes as Inflation Risks Rise

The Reserve Bank of Australia (RBA) has indicated that further interest rate hikes remain possible as policymakers confront persistent inflation pressures and rising global costs, according to minutes from its September...

Politics

Trump Denies China, Russia Are Helping Iran in War

US President Donald Trump has dismissed claims that China and Russia are supporting Iran in its ongoing war with the United States, despite American intelligence assessments suggesting both countries have provided military...

Zelenskiy Says Ukraine Received No Warning Before Russian Missile Attack

Ukrainian President Volodymyr Zelenskiy said Tuesday that Western allies failed to provide advance warning of a Russian missile attack on Kyiv, raising concerns about Ukraines access to critical intelligence as Washington...

US Supreme Court Denies Release of Anti-ICE Activist Kyle Wagner

The US Supreme Court on Tuesday rejected a request for the pretrial release of Kyle Wagner, an anti-ICE activist accused of making online threats during a federal immigration crackdown in Minneapolis. The decision keeps...

Flavio Bolsonaro Backs Brazil’s 40-Hour Workweek Reform Ahead of Runoff

Brazilian Senator Flavio Bolsonaro has reversed his opposition to a proposed labor reform that would shorten the countrys workweek, a politically significant move ahead of his presidential runoff against incumbent...

US Recalls Nicaragua Envoy After Ambassador Rejection

The United States has recalled its acting envoy to Nicaragua, Elias Baumann, to Washington for urgent diplomatic consultations after the Nicaraguan government rejected Washingtons choice for ambassador, Natasha Franceschi,...

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

Arm Breaches Qualcomm License Deal, Jury Awards $2

A Delaware jury has ruled that Arm Holdings violated its licensing agreement with Qualcomm and intentionally interfered with the chipmakers business relationship with Meta Platforms. However, the jury awarded Qualcomm just...

Nvidia Invests in Four French AI Companies to Expand European Presence

Nvidia Corp is expanding its presence in Europes artificial intelligence market through agreements to acquire minority stakes in four French technology companies, according to a report published Tuesday by French newspaper...

OpenAI Uses AI to Uncover Hidden Recording Device, FBI Makes Arrest

OpenAI has revealed that its artificial intelligence models played a crucial role in investigating a hidden recording device discovered inside one of its offices. The unusual security incident resulted in an employee being...

Citi Upgrades Galaxy Digital Stock, Raises Price Target to $28

Citigroup has upgraded Galaxy Digital (GLXY) stock from Neutral to Buy, raising its price target from $26 to $28 as confidence grows in the companys artificial intelligence (AI) infrastructure business. The revised target...

Trezor Cuts Reseller Network After Ledger Security Breach

Hardware wallet manufacturer Trezor is reducing its authorized reseller network following a major supply-chain security incident involving rival Ledger, introducing stricter distribution controls to protect cryptocurrency...