The GBP/JPY cross rebounds a few pips following an Asian session dip to mid-216.00s on Monday, stalling its modest pullback from the highest level since January 2008, touched last week. Spot prices, however, lack follow…
Gulf drone strikes lifted Brent to $111.34 and WTI to $107.84 and pushed the 10-year US Treasury yield to 4.631% and the 30-year to 5.159%, triggering risk-off flows that sent Asian equities lower (Nikkei -1.1%) amid we…
Gold price (XAU/USD) attracts some sellers to near $4,070 during the early Asian trading hours on Monday. The precious metal extends its decline amid escalating tensions between the US and Iran. Traders will take more c…
The GBP/USD pair finds some support near 1.3370 after a modest gap-down opening on Monday, though it lacks bullish conviction and remains below 1.3400. Nevertheless, spot prices, for now, seem to have stalled the pullba…
SEOUL, July 13 (Yonhap) -- The South Korean central bank said the global semiconductor market remains undersupplied and the current AI-driven supercycle is expected to continue for some time, according to a report relea…
The AUD/USD pair loses ground to near 0.6940 during the early Asian session on Monday. Renewed tensions in the Middle East weigh on the riskier assets such as the Australian Dollar (AUD) against the US Dollar (USD). Tra…
The US Central Command (CENTCOM) said that it launched additional strikes against Iran on Sunday aimed at further weakening the Islamic Republic’s ability to strike civilian vessels transiting the Strait of Hormuz, Bloo…
West Texas Intermediate (WTI) oil price rises after two days of losses, trading around $74.20 during the Asian hours on Monday. Crude oil prices gain ground following a weekend exchange of fresh missile strikes between …
The EUR/USD pair edges lower to around 1.1400 during the early Asian session on Monday, pressured by heightened geopolitical tensions in the Middle East. Federal Reserve (Fed) Bank Governor Christopher Waller and Europe…
UBS (UBS) set its S&P 500 (^GSPC) forecast to 7,500 by the end of 2026 in a note on Monday, citing strong corporate earnings and gains in a resilient technology sector.
Artificial intelligence (AI) is transforming the workforce, and not always for the better. As companies continue to adopt AI to boost productivity, many are also cutting human jobs and replacing them with tools like Cha…
Ford Motor Co. and Unifor — the union that represents Canada's autoworkers — will begin bargaining for a new contract and Unifor's leaders call it "the most consequential" talks of their lifetimes.
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NEW YORK; July 10, 2025 – Accenture (NYSE: ACN) and Microsoft Corporation (NASDAQ: MSFT) are co-investing in the development of advanced generative AI-driven cyber solutions to help organizations mitigate threats and co…
Deputy Mayor Julie Su, Economic Justice: Good morning, everyone, and thank you for being here. I especially want to thank the mayor because now when anybody asks me if I've been to the gym, I can say yes. I'm Julie Su, …
Pharma is sitting in an interesting spot right now. It is a sector many investors think they already understand, yet the forces shaping it today look very different from what shaped it even a few years ago. While attent…
A new wave of socialists clinched wins in recent Democratic primaries, putting them on a path to Congress in deep blue districts but also creating potential headaches for the broader party.
DBS economists Radhika Rao and Mo Ji forecast Singapore’s advance 2Q26 Gross Domestic Product (GDP) growth at 5.8% year-on-year and 1.5% quarter-on-quarter seasonally adjusted, slightly below 1Q26 but still resilient. T…
DBS economists Radhika Rao and Mo Ji expect the Bank of Korea (BoK) to raise its base rate to 2.75% from 2.50% in July, citing persistent CPI inflation above 3% and resilient growth. They highlight robust exports and in…
Commerzbank’s report on Taiwan notes that stronger inflation, with core CPI at 2.5%, is likely to push the CBC towards a more hawkish stance, including a possible 12.5 bp hike in H2. Despite robust AI-driven exports and…
The upcoming week will bring a major test for the US Dollar (USD), with investors focusing on the United States Consumer Price Index (CPI), Federal Reserve (Fed) Chair Kevin Warsh’s congressional testimony and a broad s…
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