Menu

Search

Asia Roundup: Kiwi hits 16-month high, yen gains as downbeat U.S. economic data slashes Fed rate hike expectations, Asia shares touch 1-year peak - Wednesday, September 7th, 2016

Sep 07, 2016 06:32 am UTC| Market Roundups

Market Roundup SF Fed Williams Makes sense to up rates gradually and sooner than later, US economy in good shape, headed in right direction, unemployment to fall to 4.5% next year, inflation to 2% in next year or...

Americas Roundup: Dollar falls after weak U.S. economic data cuts Fed rate hike bets, Brent crude futures ease as hope for output freeze fades-September 7th, 2016

Sep 06, 2016 21:30 pm UTC| Market Roundups

Market Roundup US ISM services index falls by most since 2008 financial crisis to 51.4 from 55.5 in July. US ISM Aug Non-Mfg new orders 51.3 v 60.3 previous, prices paid 51.8 v 51.9 previous. Feds Lacker: Feds...

Europe Roundup: Sterling hovers near 7-week highs, euro supported by upbeat GDP, crude oil falls towards $47 a barrel mark - Tuesday, September 6th, 2016

Sep 06, 2016 12:15 pm UTC| Market Roundups

Market Roundup AUD/USD puts on 0.75% after RBA no change decision USD/JPY -0.1%, EUR/USD +0.13%, GBP/USD +0.22% DXY -0.15%, DAX +0.4%, Brent -1.10%, Iron +0.12% Switzerland Q2 GDP 2.0% y/y vs revised...

Asia Roundup: Aussie advances as RBA stands pat, dollar steadies near 1-month high against yen, higher oil prices strengthen Kiwi - Tuesday, September 6th, 2016

Sep 06, 2016 06:29 am UTC| Market Roundups

Market Roundup RBA leaves OCR as is at 1.5%, steady policy consistent with sustainable growth after August ease, rising AUD could complicate rebalancing, global economy growing at lower than average pace, bias still...

Europe Roundup: Sterling hits 7-week high on upbeat services PMI, BoJ Gov Kuroda comments strengthen yen, crude oil rallies above $49 a barrel mark - Monday, September 5th, 2016

Sep 05, 2016 12:21 pm UTC| Market Roundups

Market Roundup British PM may says there will be no retreat towards protectionism British PM may says we can be confident about the strengths of the UK economy G20 - Obama says G20 summit committed to using...

Asia Roundup: Antipodeans rise on robust domestic data, downbeat U.S. payroll data does not rule out Fed rate hike expectations, Asian shares gain - Monday, September 5th, 2016

Sep 05, 2016 06:48 am UTC| Market Roundups

Market Roundup Fitch affirms Hong Kong at AA+ outlook stable India Aug Nikkei Markit services PMI increase to 54.7 vs previous 51.9 Saudi Arabia Aug emirates NBD comp PMI increase to 56.6 vs previous...

Americas Roundup: Dollar gains as investors see Fed rate hike later this year, oil up 3 pct as U.S. jobs data hits dollar, tumbles on week -September 3rd, 2016

Sep 02, 2016 22:40 pm UTC| Market Roundups

Market Roundup U.S. nonfarm payrolls miss expectations: +151k vs forecast 180k. Traders trim bets on Fed rate hike as U.S. job gains slow. Jobs report gives ammo to Fed skeptics on September rate hike. Feds...

  941 942 943 944 945 946 947 948 949 950   

Economy

European Stocks Flat as Oil Prices Rise, US CPI in Focus

European stocks were little changed on Monday, holding close to record highs as rising crude oil prices and continued uncertainty over Middle East shipping routes offset optimism following last weeks strong market rally....

S&P 500, Nasdaq Futures Rise as Iran Risks and CPI Loom

U.S. stock futures edged higher Monday as investors weighed escalating tensions surrounding Iran and the Strait of Hormuz while preparing for crucial U.S. inflation data later this week. SP 500 futures gained about 0.1%,...

Goldman Sachs Sees US Stock Buybacks Outpacing Equity Issuance as AI Funding Rises

Goldman Sachs expects corporate demand for U.S. equities to remain stronger than new share supply this year, despite a significant recovery in follow-on equity issuance driven partly by artificial intelligence investment....

South Korean Won Leads Asian FX Losses as Dollar Rises

The South Korean won led declines across Asian currencies on Monday as the U.S. dollar strengthened, while the Japanese yen retreated after giving up some of its intervention-driven gains. The U.S. Dollar Index rose 0.18%...

Oil Prices Rise as Hormuz Reopening Remains Uncertain

Oil prices climbed on Monday as uncertainty over the reopening of the Strait of Hormuz continued to support the market, despite Iran and Oman moving closer to an agreement on new shipping routes through the strategic...

Politics

South Korea, US Set Major Military Drills for August

South Korea and the United States will hold their annual Ulchi Freedom Shield (UFS) military drills from August 17 to 27, with this years exercises placing greater emphasis on countering drones, GPS interference and...

US ‘Digging In’ Across Indo-Pacific, Pentagon Official Says

The United States remains firmly committed to the Indo-Pacific and has no plans to withdraw from Asia, a senior Pentagon official said Monday, while urging regional allies to take greater responsibility for their own...

Myanmar Rejects ASEAN Special Envoy, Challenges Regional Peace Plan

Myanmars military-backed government has rejected the continued role of ASEANs special envoy, deepening tensions with the regional bloc as Thailand pushes for Myanmar to fully re-engage with Southeast Asian nations....

Houthi Attack on Yemen’s Mocha Port Kills Seven, Injures 30

Seven people were killed and 30 others wounded after Houthi forces launched a large-scale drone and missile attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. In a statement issued early Monday,...

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

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

Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.