New Zealand will on Thursday release Q3 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. GDP is expected to rise 0.9 percent on quarter and 1.3 percent on year after slipping 0.9 percent on quarter and 0.6 percent on year in the three months prior. The...
New Zealand's gross domestic product expanded a seasonally adjusted 1.1 percent on quarter in the third quarter of 2025, Statistics New Zealand said on Thursday. That beat forecasts for an increase of 0.9 percent following the downwardly revised 1.0 percent decline in the previous three months (originally...
UK inflation slowed more than expected in November, strengthening the call for an interest rate reduction this week, official data revealed on Wednesday. The consumer price index rose 3.2 percent year-on-year, slower than the 3.6 percent increase in October, the Office for National Statistics said. Inflation was forecast to ease marginally to 3.5 percent.
President Donald Trump has announced that he is ordering "a total and complete blockade of all sanctioned oil tankers going into, and out of, Venezuela." In a lengthy statement he posted on Truth Social Tuesday, Trump said he is designating the Nicolas Maduro regime in Venezuela a foreign terrorist organization "For the theft of our assets, and many other reasons, including terrorism, drug smuggl
President Donald Trump has urged his Chinese counterpart Xi Jinping to release Hong Kong pro-democracy media tycoon and politician Jimmy Lai, who was found guilty under the controversial national security law. "I feel so badly. I spoke to President Xi about it and I asked to consider his release," Trump told reporters. "He's an older man, and he's not well. So I did put that request out. We'll s
Far-right Jose Antonio Kast has been elected as Chile's president. In the presidential election run off held on Sunday, Kast secured 58.30 percent of the votes while leftist candidate Jeannette Jara won 41.70 percent. The defeat for the ruling left-wing coalition candidate is seen as voters' mandate against the government over rising crime and immigration. Kast, who is an admirer of former ri
European stocks are seen opening a tad lower on Thursday as investors await key U.S. consumer price inflation data later in the day for fresh guidance on the outlook for interest rates. Meanwhile, the European Central Bank is expected to hold interest rates steady for its fourth meeting in a row...
Asian markets are trading mostly lower on Thursday, following the negative cues from Wall Street overnight, on continuing concerns over the valuation of technology stocks, mirroring the steep drop on tech-heavy Nasdaq. Traders seemed reluctant to make significant moves ahead of the release of report on US consumer price inflation later in the day, which could impact the outlook for interest rates.
The Thai stock market has moved lower in back-to-back sessions, slipping more than 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,255-point plateau and it may extend its losses on Thursday. The global forecast for the Asian markets is negative on continuing...
NASA is helping shape the future of urban air travel with a new simulation that will manage how electric air taxis and drones can successfully operate within busy areas. The demonstration, held at NASA's Ames Research Center in California's Silicon Valley, focused on a system called the Strategic Deconfliction Simulation, which helps coordinate flight plans before takeoff, reducing the risk of
The Swiss National Bank left its interest rate unchanged for the second straight meeting on Thursday and downgraded its inflation outlook. The SNB maintained its policy rate at zero percent, in line with expectations. The central bank had reduced the key rate by 175 basis points since March 2024. The bank exited its negative rate in 2022 after holding it for over seven years.
Asian markets witnessed weak sentiment in Thursday's trading as markets digested the Fed's widely expected rate cut, the forward guidance for 2026 and beyond, as well as the extent of dissent in the FOMC decision.
The U.S. Government has announced that it will impose a 10 percent tariff on goods imported from Nicaragua from 2027, alleging that the Central American country's policies and practices "restrict US commerce." The Office of the United States Trade Representative said USTR took the punitive action under Section 301 of the Trade Act of 1974 to address Nicaragua's acts, policies, and practices rela
Spire Global, Inc. (SPIR) shares fell 24.72 percent, down $2.29 to $6.98 on Wednesday, after the company reported third-quarter 2025 revenue of $12.7 million, reflecting a year-over-year decline tied largely to the sale of its maritime business at the end of April 2025.
December 12, 2025 15:14 ET Central bank decisions dominated the economic news flow this week led by the Federal Reserve. Trade data from the U.S. also gained attention. The Canadian and Swiss central banks also announced their interest rate decisions. Inflation data from China was in focus as the country released the latest consumer price and producer price data.
Mixed labor market data released from the U.S. on Tuesday morning swayed global market sentiment.
President Donald Trump has signed a Proclamation expanding full restrictions and entry limitations of nationals from 39 countries "to protect U.S. national security and public safety interests." Homeland Security Secretary Kristi Noem had said earlier this month that the U.S. Government was planning to widen the travel ban that Trump announced on 19 countries to more than 30. In a proclamation h
President Donald Trump has signed an Executive Order designating illicit fentanyl and its core precursor chemical as weapons of mass destruction. The Order directs the Attorney General to immediately pursue criminal charges, sentencing enhancements, and sentencing variances in fentanyl trafficking cases. Trump ordered the Secretary of State and the Secretary of the Treasury to pursue appropriate
President Donald Trump has signed an Executive Order to protect American AI innovation from an inconsistent and costly compliance regime resulting from varying State laws. The Order directs the Attorney General to establish an AI Litigation Task Force to challenge unconstitutional, preempted, or otherwise unlawful State AI laws that harm innovation. The Order directs the Secretary of Commerce t
As we enter the final month of the year, it is a good time to review the biotech and pharmaceutical companies with drug candidates pending FDA decisions and see what's ahead on the regulatory front this December.
German business confidence deteriorated to a seven-month low in December as companies were more pessimistic about the first half of next year, survey data from the Munich-based ifo Institute showed on Wednesday. The business climate index dropped to 87.6 in December from 88.0 in November. The score was expected to rise to 88.2.
Thailand's central bank lowered its key interest rate by a quarter-point on Wednesday as economic growth is forecast to moderate further amid subdued inflation. The Monetary Policy Committee of the Bank of Thailand unanimously decided to cut the policy rate by 25 basis points to 1.25 percent from 1.50 percent. Previously, the bank had lowered the policy rate by 25 basis points each in August.
Inflation figures from the UK and the euro area, as well as business confidence data from Germany, are scheduled for release on Wednesday, marking a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices data. Inflation is seen easing to 3.5 percent in November from 3.6 percent in October.
The World Health Organization has warned that amid an early start to the Northern Hemisphere influenza season, a new variant of the virus is rapidly gaining ground. Influenza and other respiratory viruses are surging, Dr Wenqing Zhang, Unit Head for Global Respiratory Threats at the Department of...
New analysis from the World Health Organization's global expert committee on vaccine safety has found that, based on available evidence, there is no link between vaccines and autism spectrum disorders, or ASD. The conclusion reaffirms WHO's position that childhood vaccines do not cause autism. The...
A new EU-funded report confirms that urgent bloc-level action is needed to tackle cardiovascular diseases, which is the European Union's number one killer. The 'State of Cardiovascular Health in the EU' report reveals that cardiovascular diseases are the leading cause of death and disability in the EU, accounting for one-third of all annual deaths and affecting over 60 million people. These fi
The European Commission and the World Health Organization have signed a 3.5 million EURO agreement under the EU4Health program to strengthen the global response to antimicrobial resistance. This partnership will support the WHO in monitoring the development of antimicrobials and medical countermeasures,...
Billionaire hedge fund manager Steve Cohen just got the green light to build one of New York City's first major casinos, a big step after years of pushing and community discussions.
The Federal Trade Commission, along with 21 states and the District of Columbia, has updated its complaint against Uber, accusing the company of misleading practices regarding its Uber One subscription service.
Ford has announced its scaling back its electric vehicle strategy, which will result in a hefty $19.5 billion hit to earnings, mostly in this quarter.
Nasdaq, the second-largest stock exchange in the U.S., is seeking regulatory approval to extend its trading hours to allow equity securities and exchange-traded products to be traded 23 hours a day, five days a week. The plan aims to meet growing investor demand for overnight access to U.S. stocks,...
Indian shares opened lower on Thursday, tracking weak cues from global markets and amid uncertainty over a trade deal with the United States. The benchmark BSE Sensex was down 260 points, or 0.3 percent, to 84,296 in early trade, extending losses for a fourth consecutive session. The broader NSE...