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Asia Round Up: Yen slips as Kuroda clarifies Currency Stance - June 16th, 2015

Jun 16, 2015 05:48 am UTC| Market Roundups

Market Roundup Europe asks if Greece could default without exiting EUR, what happens if Greece misses payments. Greece Varoufakis- Wont present new reform proposals at Euro Group meeting. ECB Draghi seeks to keep...

Americas Roundup: Cable above 1.5600 for the first time in 4 weeks, FOMC meeting Wed key - June 16th, 2015

Jun 15, 2015 20:24 pm UTC| Market Roundups

Market Roundup US Industrial Output MM May -0.2%, (forecast 0.2%, previous -0.5%); Jun NAHB at 59 (highest since Sep) Canada Manufacturing Sales MM Apr -2.1%, (forecast -0.5%, previous 2.7%) ECBs Draghi liquidity...

Europe Round Up: Euro falls on Greek talks failure, Fed meeting also weighs - June 15th, 2015

Jun 15, 2015 11:13 am UTC| Market Roundups

Market Roundup Russia June Central bank key rate decrease to 11.50 % (forecast 11.50 %) vs previous 12.50 %. Euro is under pressure as Greek debt talks falter. EUR/USD tests 1.1189 before lifting. Euro implied...

Asia Round Up: Aussie declines ahead of RBA Kent’s Speech - June 15th, 2015

Jun 15, 2015 05:45 am UTC| Market Roundups

Market Roundup CFTC IMM CAT data - USD net longs up for third straight week, JPY net shorts to 116.286 contracts, (pre-Kuroda REER talk), EUR shorts off to 137,974. China company insiders skim cream off frothy stock...

Americas Roundup: Better-than-expected U Mich consumer sentiment index failed to strengthen USD - June 15th, 2015

Jun 12, 2015 20:37 pm UTC| Market Roundups

Market Roundup United States May PPI final demand mm increase to +0.5 % (fcast 0.4 %) vs prev -0.4 % United States Jun U Mich sentiment prelim increase to 94.6 (fcast 91.5 ) vs prev 90.7 Greece says to restart talks...

Europe Round Up: Euro dips as IMF exits from Greece debt talks - June 12th, 2015

Jun 12, 2015 11:05 am UTC| Market Roundups

Market Roundup Euro weighed down by Greece and Merkel comments. EUR/USD plays 1.1267/1.1151. EUR/GBP hits 0.7197, EUR/CHF 1.0442 lows. Dollar index up to 95.678, recovering from Wednesdays near one-month low of...

Asia Round Up: Japan’s Industrial output returns to growth in April- June 12th, 2015

Jun 12, 2015 05:23 am UTC| Market Roundups

Market Roundup BOJ Policy Board Harada - No need to ease if inflation trend up. Japanese industrial output rebounded at 1.2% month-on-month in April, last at 1.0%. Japan Fin Min Aso - No comment on FX levels, must...

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Economy

RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens

The Reserve Bank of India (RBI) delivered a widely expected 25-basis-point cut to its key repo rate on Friday, lowering it from 5.50% to 5.25% as policymakers moved to support economic growth amid easing inflation. The...

Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike

Asian stock markets traded mixed on Friday as investors assessed contrasting signals from major central banks, while most regional indexes held steady ahead of key U.S. inflation data. Market sentiment was shaped by Indias...

Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows

Asian currencies strengthened slightly on Friday as traders grew more confident that the U.S. Federal Reserve will cut interest rates next week. The US Dollar Index slipped 0.1% in Asian hours, hovering near a one-month...

Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market

Oil prices traded mostly steady in Asia on Friday, holding on to gains from the previous session as geopolitical uncertainty and growing expectations of a U.S. Federal Reserve rate cut continued to support sentiment. As of...

BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague

Investors hoping the Bank of Japan will reveal clearer guidance on how high interest rates might rise may be disappointed, according to several former BOJ officials. Governor Kazuo Uedas recent hawkish tone has pushed...

Politics

Cuba Reaffirms Anti-Drug Cooperation as Tensions Rise in the Caribbean

Cuban authorities announced that the island is intensifying its fight against narcotics trafficking in the Caribbean, emphasizing ongoing cooperation with the U.S. Coast Guard despite heightened political tensions and an...

Drones Spotted Near Zelenskiy’s Flight Path in Ireland Trigger Security Alert

An Irish naval vessel detected as many as five drones operating close to the flight path of Ukrainian President Volodymyr Zelenskiys aircraft as he arrived in Ireland for a state visit, according to local media reports on...

Australia Progresses AUKUS Review as U.S. Affirms Strong Support

Australia is moving forward with the newly received United States review of the AUKUS nuclear-powered submarine partnership, signalling renewed confidence in the trilateral defence pact with the U.S. and the United...

Trump Administration Tightens H-1B Visa Vetting With New Focus on Free Speech and Censorship

The Trump administration has introduced stricter vetting measures for H-1B visa applicants, targeting professionals in highly skilled fields often recruited by major U.S. tech companies. According to an internal State...

China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai

Taiwan President Lai Ching-te has urged Chinese President Xi Jinping to direct his focus toward revitalizing Chinas weakening economy rather than pursuing territorial expansion, highlighting widening economic contrasts...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...
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