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Europe Roundup: Sterling declines on BoE easing expectations, crude oil prices slump below $42 a barrel mark, investors eye BoJ meeting decision - Thursday, July 28th, 2016

Jul 28, 2016 12:12 pm UTC| Market Roundups

Market Roundup GBP/USD -0.45%, USD/JPY -0.64%, EUR/USD +0.25% Dollar falls against yen as BOJ easing expectations pared Chinas yuan rises to three-week high as Fed sends dollar lower Euro zone Jul...

Asia Roundup: Yen gains on BoJ easing expectations, crude oil prices near 3-month low, Fed's positive assessment of U.S. economy boosts Asian shares - Thursday, July 28th, 2016

Jul 28, 2016 06:35 am UTC| Market Roundups

Market Roundup Japan EconMin Ishihara urges BoJ to help support growth - Reuters. Ex-BoJ ChiefEcon Hayakawa Eyes BoJ ease, for flexible CPI goal MNI. MoF flow data week-ended July 23 Japanese buy net...

Americas Roundup: Dollar weakens against euro after Fed keeps rates unchanged, oil down 3 pct after surprise U.S. crude, and gasoline builds-July 28th, 2016

Jul 27, 2016 22:16 pm UTC| Market Roundups

Market Roundup Fed: keeps rates unchanged (9-1, George lone dissenter), says risks to outlook reduced, will continue to assess international events in determining when to raise rates. Fed: expects econ conditions...

Europe Roundup: Sterling slumps below 1.3100 handle despite better-than-expected GDP report, oil prices decline on oversupply worries, markets await Fed policy decision and Yellen presser - Wednesday, July 27th, 2016

Jul 27, 2016 12:25 pm UTC| Market Roundups

Market Roundup GBP/USD -0.24%, USD/JPY +0.79%, EUR/USD +0.09% China stock wobble FOMC risk underpin USD Chinas yuan firms on stronger midpoint, more gains expected Japan PM Abe to announce details of...

Asia Roundup: Dollar gains on BoJ easing and fiscal stimulus expectations, Aussie declines following soft inflation report, investors cautious ahead of Fed policy outcome - Wednesday, July 27th, 2016

Jul 27, 2016 06:45 am UTC| Market Roundups

Market Roundup Japan PM Abe to announce details of stimulus package today, to amount to Y27 trln Fuji TV. Japan considering issuing 50-year bonds as part of stimulus package, MoF denies report Wall St Journal,...

Americas Roundup: Dollar firm against euro as Fed meeting begins, Wall Street mixed, U.S. crude hits 3-month low-July 27th, 2016

Jul 26, 2016 23:13 pm UTC| Market Roundups

Market Roundup Fed seen holding rates steady as inflation watch continues. U.S. consumer confidence steady; new home sales near 8-1/2-year high. U.S. Markit flash July services PMI 50.9 vs expectation 52.0,...

Europe Roundup: Sterling recovers after declining on Weale's dovish comments, oil price hits 2-1/2 month low, European shares edge down - Tuesday, July 26th, 2016

Jul 26, 2016 12:28 pm UTC| Market Roundups

Market Roundup GBP/USD -0.0011%, USD/JPY -1.4%, EUR/USD +0.11% Yen surges, oil dips with eyes on central banks Japan to double fiscal stimulus to Y6tn Nikkei Japans Fin Min Aso welcomes G20 support...

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Economy

Russia Stocks End Flat as Energy Shares Support MOEX Index

Russian stocks finished mixed after the close of trading in Moscow on Saturday, with the MOEX Russia Index ending the session unchanged at 0.00%. Market sentiment remained cautious as gains in select energy and utility...

Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

U.S. President Donald Trump traveled to the battleground state of North Carolina on Friday to defend his economic policies and reassure voters that the U.S. economy remains on solid footing, as concerns grow ahead of a...

EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls

Ukraine welcomed a major European Union decision on Friday to provide 90 billion in financial support over the next two years, a move Kyiv says will significantly strengthen its economic resilience amid the ongoing war...

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

Politics

Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

The Venezuelan government has strongly condemned the seizure of a new oil tanker near its coast, accusing the United States of committing what it described as a serious act of international piracy. In an official statement...

Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

Tens of thousands of Bangladeshis gathered in Dhaka on Saturday to attend the funeral of Sharif Osman Hadi, a slain youth leader and election candidate whose killing has intensified political unrest ahead of the countrys...

U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

The United States has intercepted an oil tanker in international waters near Venezuela, intensifying tensions just days after President Donald Trump announced a total and complete blockade of sanctioned oil shipments...

Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays

Alphabets Google and Apple have advised certain employees working in the United States on temporary visas to avoid international travel, as visa stamping delays at U.S. embassies and consulates can now stretch up to 12...

U.S.–Russia Talks in Florida Raise Hopes but Reveal Deep Divides Over Ukraine War

U.S. negotiators met Russian officials in Florida over the weekend as the Trump administration intensified diplomatic efforts to help end Russias war in Ukraine, a conflict that began with Moscows full-scale invasion in...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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...

Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...