Macro
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India's July inflation remained within the Reserve Bank's 2%-6% target range, cementing expectations for a prolonged pause in interest rate hikes.
India's July inflation remained within the Reserve Bank's 2%-6% target range, cementing expectations for a prolonged pause in interest rate hikes.
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S&P 500 dividend yield hits record low near 1%, prompting retirees to rethink strategies
The S&P 500's dividend yield has fallen to just above 1%, marking a record low, according to Charlie Bilello, chief market strategist at Creative Planning. This decline is attributed to stock prices c
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Senior Iranian Source Tells Reuters: U.S. Violated Interim Pact 48 Hours After Reaching It, Withdrew Days Later
Senior Iranian Source Tells Reuters: U.S. Violated Interim Pact 48 Hours After Reaching It, Withdrew Days Later
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South Korea's media watchdog concludes Google, Apple violated laws by abusing app marketplace dominance; sanctions pending
South Korea's media watchdog, the Korea Media Communications Commission, concluded Wednesday that Google and Apple violated related laws by abusing their dominance in their respective app marketplaces
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Senior Iranian source tells Reuters there are no discussions over extending ceasefire between Iran and U.S.
Senior Iranian source tells Reuters there are no discussions over extending ceasefire between Iran and U.S.
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Societe Generale suggests AI may accelerate the K-shaped economy, potentially concentrating wealth further.
The French bank notes that while AI could narrow wage gaps by helping less-specialized workers perform more complex tasks, its impact on wealth may differ. AI rewards ownership of computing power, mod
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Trump administration plans $900 million White House construction and modernization push
The Trump administration intends to spend at least $900 million on construction and modernization projects across the White House grounds, according to the Washington Post. Funding for these projects
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China's COMAC C919 aircraft completed its first international commercial flight, operating the Air China Beijing to Ulaanbaatar route.
China's C919 passenger jet completed its first scheduled international commercial flight on Wednesday, operated by Air China from Beijing to Ulaanbaatar, Mongolia. This marks a significant step for Ch
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Cleveland Fed President Hammack warns one rate hike likely insufficient to curb inflation, citing wage erosion
Federal Reserve Bank of Cleveland President Beth Hammack stated in an interview that a single 25 basis point rate hike would likely not be enough to combat the current inflation, though she did not sp
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Bank of England to test stablecoin and digital pound interoperability in cross-border trade finance
The Bank of England (BOE) is moving its digital pound exploration into Phase 2, where its Digital Pound Lab will test how public stablecoin infrastructure and central bank money can coexist in a singl
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Synchrony Bank offers the highest CD rate today, August 12, 2026, at 4.30% APY for its 16-month CD.
Synchrony Bank offers the highest CD rate today, August 12, 2026, at 4.30% APY for its 16-month CD.
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Yahoo Finance analysis: Tech stocks are getting cheaper with strong earnings, as their forward P/E premium over S&P 500 has fallen from 35% a year ago to about 10%.
The analysis highlights that while corporate profits continue to climb, the valuation premium for tech stocks is decreasing. A year ago, investors paid roughly 35% more for a dollar of expected tech e
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US Mortgage Rates Today, August 12: 30-Year Fixed Rate Rises to 6.65%, 15-Year Fixed to 6.00%
According to Zillow lender marketplace data, the average 30-year fixed mortgage rate increased by 6 basis points to 6.65% today, Wednesday, August 12. The 15-year fixed loan rate also rose by 3 basis
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Nebius Group (NBIS) shares jump 9.5% to $211.64 in premarket trading after Q2 2026 results, fueled by Goldman Sachs' bullish assessment and AI cloud optimism
The AI cloud infrastructure company's stock climbed from a previous close of $193.23, with investors reacting positively to its second-quarter financial results. The rally was further bolstered by a b
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Analysts expect BTS's 2027 Hong Kong tour to boost hotel bookings
The South Korean pop superstars' Arirang world tour, their first since completing mandatory military training, is anticipated to drive a surge in the city's hospitality sector, mirroring the booking i
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Bloomberg: Most US AI data center power demand may not materialize due to "ghost projects" and low-success-rate proposals
Bloomberg: Most US AI data center power demand may not materialize due to "ghost projects" and low-success-rate proposals
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Pakistan says the deadline for the US-Iran memorandum of understanding (MOU) can be extended.
Pakistan says the deadline for the US-Iran memorandum of understanding (MOU) can be extended.
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Norway's sovereign wealth fund posted a record profit of $184.3 billion in the first half of the year, with its CEO warning of increased concentration risk due to reliance on chip stocks.
Norway's 2.3 trillion dollar sovereign wealth fund reported a record-breaking profit of 184.3 billion dollars in the first half of the year, primarily driven by the strong performance of Asian technol
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T. Rowe Price fund manager predicts AI capex could reach $1.6 trillion next year
Dom Rizzo, global technology equity fund manager at T. Rowe Price, believes hyperscalers can comfortably fund their AI investment spending and derive high returns with a short payback schedule. He see
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Chinese tech giant Tencent posts Q2 revenue beat driven by accelerating domestic games sales and AI-powered advertising
Tencent's second-quarter revenue rose 11% year-on-year, with domestic games revenue up 17% to 47.3 billion yuan and marketing services revenue up 22% to 43.6 billion yuan, aided by AI-driven ad recomm
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IEA expects global oil demand to drop by 1.6 million bpd in 2026 due to high oil prices and exacerbated Strait of Hormuz disruptions
The International Energy Agency (IEA) said on Wednesday that global oil demand is expected to fall by 1.6 million barrels per day (bpd) in 2026, an increase of 510,000 bpd from its July forecast, due
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Pimco Sees Fed on Hold in 2026 as Inflation Moderates
Pimco Sees Fed on Hold in 2026 as Inflation Moderates
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Pimco's Seidner Says Market Angst Over Fed Credibility is Overdone, US Bond Yields Attractive
Pimco's Seidner Says Market Angst Over Fed Credibility is Overdone, US Bond Yields Attractive
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Bank of America Plans to Deploy $250 Billion to Boost US AI and Energy Infrastructure
The bank's initiative will involve lending, investing, capital markets, banking, and advisory work to support a new wave of infrastructure investment in data centers, energy, and critical minerals, po
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Ukraine's bond market has rallied 150% over four years, showing traders it can beat the odds.
Ukraine's bond market has rallied 150% over four years, showing traders it can beat the odds.
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Australia's RBA Deputy Governor Hauser Says Rates Will Need to Rise If Prices Fail to Ease
Australia's RBA Deputy Governor Hauser Says Rates Will Need to Rise If Prices Fail to Ease
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India's Chaotic Stock Closing Auction Clouds BSE's Growth Outlook
The turbulent rollout of India's new closing share-price discovery mechanism, aimed at aligning with global standards, is negatively impacting BSE Ltd., leading some analysts to question the growth pr
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Iranian academic Maryam Tahmasebi accuses US of 'bloodline punishment' over family's detention and green card revocation
Tahmasebi, a US permanent resident, stated in The Nation magazine that she, her husband, and their son have been detained since April. The US State Department revoked their immigration status due to h
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Swiss Voters Expected to Reject Stricter Neutrality in Upcoming Ballot
Swiss voters are set to reject an initiative to strengthen the country’s neutrality in a ballot next month. Russia has attempted to sway the vote with jibes about Switzerland’s actions during World Wa
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<p>White House: US President Donald Trump announced a 3-day suspension of additional tariffs on Canadian alcoholic beverages, dairy products, and automobiles</p>
The White House announcement indicates that this move is due to Canada's commitment to eliminate discriminatory measures against U.S. businesses, and relevant negotiations between the two countries ar
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China Eases Limits on Nvidia H200 Chip Shipments for Key Tech Groups
Beijing is permitting small shipments of the chips to help leading domestic tech companies catch up with US rivals in the escalating AI race.
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Japan's benchmark 10-year bond yield nears 3% for first time in three decades, on Takaichi budget fears and US view worries
Japan's benchmark 10-year bond yield nears 3% for first time in three decades, on Takaichi budget fears and US view worries
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China's State Council amends "Regulations on the Administration of Housing Provident Funds," including renovation and property fees in the scope of withdrawal.
China's State Council has revised the "Regulations on the Management of Housing Provident Funds," expanding the scope of withdrawals to include home renovation for self-occupied housing and payment of
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Analysts: China's economy is experiencing a K-shaped recovery, with industrial robot, electric vehicle, and semiconductor output growing by at least 20% year-on-year in July, expected to continue driving AI stocks.
Analysts say China's K-shaped economic recovery will likely prompt investors to continue betting on artificial intelligence (AI) stocks. The latest data shows the tech sector remains a key driver of g
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Hong Kong stocks fall, Hang Seng Index down 0.5% and Tech Index 1.4%, pressured by rising US bond yields and Iran conflict stalemate
Hong Kong stocks declined on Wednesday, with the Hang Seng Index falling 0.5% to 25,323.70 and the Hang Seng Tech Index dropping 1.4%. Investors were put on tenterhooks by elevated US Treasury yields
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PHP/USD: Philippine Peso Fell to New Record Low as Oil Prices Rise
The Philippine peso fell to a record low against the dollar as higher oil prices put renewed pressure on the currency.
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Westpac: AUD/USD edged lower due to weakening AI and chip stocks, and record-high long-term government bond yields.
The Australian dollar edged lower as "another leg down" in artificial intelligence and chip stocks combined with fresh highs in long-term government bond yields to sap market risk appetite, said Richa
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Former New York Gov. Andrew Cuomo warns U.S. falling behind on crypto rules, urges passage of CLARITY Act
Former New York Governor Andrew Cuomo stated that the CLARITY Act is crucial for linking the crypto market with traditional financial markets, emphasizing its necessity for the U.S. to catch up on cry
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Rising Japan bond volatility is driving a surge in futures trading in Singapore, attracting global funds and relative-value traders.
Rising Japan bond volatility is driving a surge in futures trading in Singapore, attracting global funds and relative-value traders.
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US Ambassador to Israel Mike Huckabee calls Israeli settler violence 'terror'
US Ambassador to Israel Mike Huckabee stated that Israeli settler violence in the occupied West Bank meets the definition of 'terror'. His comments represent a rare rebuke and follow a days-long siege
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The UAE announces the suspension of all trade, commercial, and financial transactions with Iran.
The UAE Ministry of Foreign Affairs announced in the early hours of August 19 that, in light of the continuous escalation of regional tensions, it has decided to suspend all trade, commercial, and fin
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The U.S. 30-year government bond yield touched 5.34% during trading on Tuesday, reaching a new high since 2007.
U.S. long-term government bond yields remained high, with the 30-year government bond yield briefly touching 5.34% during Tuesday's trading, its highest level since 2007; the 10-year yield rose to 4.7
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Japan chip materials startup Gaianixx, a University of Tokyo spinout, is expanding production and aims to begin trial mass production by year-end to meet growing AI demand.
Japan chip materials startup Gaianixx, a University of Tokyo spinout, is expanding production and aims to begin trial mass production by year-end to meet growing AI demand.
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South Korea's chip stocks led an Asian selloff early Wednesday, as rising bond yields exacerbated worries over large cash outlays by Big Tech.
South Korea's chip stocks led an Asian selloff early Wednesday, as rising bond yields exacerbated worries over large cash outlays by Big Tech.
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Donald Trump Takes Hard Line on Strait of Hormuz Tensions
US President Donald Trump has taken a tough stance on the Strait of Hormuz tensions, characterizing the current situation as the "new normal" and insisting that there have been no negotiations with Ir
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Japanese Stocks Slide as Bond Market Anxiety Hits AI Sentiment
Japanese Stocks Slide as Bond Market Anxiety Hits AI Sentiment
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OpenAI's Q2 revenue was $6.7 billion, an 18% increase quarter-over-quarter, with operating losses expanding; competitor Anthropic's revenue exceeded $11.5 billion, a quarter-over-quarter increase of over 140%, and achieved profitability, surpassing OpenAI for the first time.
OpenAI's second-quarter revenue was $6.7 billion, an 18% increase from the first quarter, while its operating loss further widened, the Wall Street Journal reported on Wednesday, citing sources famili
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Cerebras unveils its new CS-4 AI accelerator chip, claiming up to 30 times faster inference speeds than traditional GPUs for AI agents.
Cerebras unveils its new CS-4 AI accelerator chip, claiming up to 30 times faster inference speeds than traditional GPUs for AI agents.
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