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China Manufacturing sector likely remained sluggish in March

Mar 31, 2015 00:15 am UTC| Research & Analysis

China will release official manufacturing PMI data for March on 1 April. Standard Chartered (SC) Research noted that it expects the index to have inched up marginally to 50.0 from 49.9 in February as factories reopened...

Moody's: Northern Non-Conforming UK Borrowers Are Almost Twice Likely to be Caught In a Mortgage Debt Trap

Mar 30, 2015 23:39 pm UTC| Research & Analysis

Moodys analysis reveals that the north-south divide persists in the UKs non-conforming mortgage market, as borrowers in the North are 1.9 times as likely to be mortgage prisoners than borrowers in other regions, says...

Moody's: Liquidity Stress Index's steady decline in EMEA could slow in 2015

Mar 30, 2015 23:22 pm UTC| Research & Analysis

The Liquidity Stress Index (LSI) for EMEA fell to an all-time low of 8.9% in February 2015, substantially down from its peak of 18.8% in December 2012, according to Moodys Investors Services SGL Monitor for the EMEA...

Fitch: Israeli Election Can Boost Structural Reform Capacity

Mar 30, 2015 11:12 am UTC| Research & Analysis

The outcome of the Israeli general election in Marchshould enhance the countrys capacity for structural fiscal reform, FitchRatings says. If successfully implemented, such reforms could make it easier toachieve sustainable...

Fitch Affirms Nigeria at 'BB-'; Outlook Revised to Negative

Mar 30, 2015 05:08 am UTC| Research & Analysis

Fitch Ratings has affirmed Nigerias Long-Term Foreignand Local Currency Issuer Default Ratings (IDRs) at BB- and BB respectively.The Outlooks on the Long-Term IDRs have been revised to Negative from Stable.The issue...

Euro area is gaining momentum

Mar 29, 2015 23:35 pm UTC| Research & Analysis

Recent euro-area data releases have consistently surprised to the upside, adding to evidence that the regions recovery is gaining momentum, according to Standard Chartered research notes. Consumption and net exports are...

Fitch Downgrades Greece's IDRs to 'CCC'

Mar 27, 2015 23:23 pm UTC| Research & Analysis

Fitch Ratings has downgraded Greeces Long-term foreign- and local currency Issuer Default Ratings (IDRs) to CCC from B. The issue ratings on Greeces senior unsecured foreign and local currency bonds are also downgraded to...

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Economy

U.S. Stock Futures Steady Amid Iran Ceasefire Talks and Trump Address

U.S. stock index futures held steady Wednesday evening as investors turned their attention to a primetime address from President Donald Trump regarding a possible military de-escalation with Iran. The cautious tone in...

Trump Claims Iran Sought Ceasefire as Middle East War Escalates

Tensions in the Middle East reached a new flashpoint this week as U.S. President Donald Trump publicly claimed that a senior Iranian official requested a ceasefire, a statement Tehran swiftly and firmly rejected. The...

Oil Prices Slide as Iran Tensions Ease and U.S. Crude Stockpiles Swell

Oil prices continued their downward trend during Asian trading hours on Thursday, pressured by fading geopolitical risk and a larger-than-expected rise in American crude stockpiles. Brent crude futures for June delivery...

Gold Prices Surge as U.S.-Iran Ceasefire Talks Spark Market Optimism

Gold prices climbed sharply on Wednesday, marking the sixth gain in eight sessions as easing geopolitical tensions between the United States and Iran renewed investor appetite for the precious metal. Spot gold XAU/USD rose...

South Korea's Inflation Rises Modestly in March Amid Oil Price Pressures

South Koreas consumer inflation climbed at a slower-than-anticipated pace in March, offering mild relief even as surging global oil prices driven by the ongoing Iran war continued to weigh on the broader economy. The...

Politics

Congress Eyes Two-Bill Strategy to Resolve DHS Funding Crisis

Republican congressional leaders have unveiled a two-pronged legislative strategy to end the ongoing Department of Homeland Security funding deadlock, aiming to reopen the agency, ensure federal workers receive back pay,...

Trump's Claim That the U.S. Can Cover Global Jet Fuel Shortfall Doesn't Add Up

President Donald Trump urged nations facing jet fuel shortages caused by Irans blockade of the Strait of Hormuz to simply purchase their supply from the United States. We have plenty, Trump posted on Truth Social. But...

FBI Launches Independent Cuba Probe After Deadly Speedboat Shootout

A team of FBI agents traveled to Cuba this week to conduct an independent investigation into a deadly maritime confrontation involving ten Cuban exiles who attempted to infiltrate the island by speedboat under cover of...

Carney and Trump Discuss Middle East Crisis in High-Stakes Phone Call

Canadian Prime Minister Mark Carney and U.S. President Donald Trump connected over the phone on Wednesday to address the ongoing conflict in the Middle East, among other pressing global issues. The call marked another...

Bahamas Calls Snap Election for May 12 Amid Cost of Living Concerns

Prime Minister Philip Davis announced Wednesday that the Bahamas will hold an early general election on May 12, moving the vote several months ahead of its originally scheduled mid-October date. Davis confirmed he will...

Science

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...

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...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Technology

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...

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...

Rubio Directs U.S. Diplomats to Use X and Military Psyops to Counter Foreign Propaganda

Secretary of State Marco Rubio has instructed American diplomats to leverage social media platform X and collaborate with Pentagon psychological operations units as part of a broader strategy to combat foreign...
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