Huawei says it expects to design chips with transistor density equivalent to 1.4nm processes by 2031 using a new scaling principle that sidesteps the need for advanced lithography tools restricted by US sanctions. Summary: Source: Huawei statement and keynote address at the 2026 IEEE International Symposium on Circuits and Systems, Shanghai Huawei unveiled the Tau Scaling Law, a new…
NZD/USD depreciates after opening at a higher level from the previous close, still remaining in the positive territory and trading around 0.5870 during the Asian hours on Monday. The New Zealand Dollar struggles against the US Dollar (USD) after a majority of the NZIER shadow board members backed holding New Zealand’s Official Cash Rate at 2.25% on the May…
Monetary Authority of Singapore (MAS) officials say Singapore’s monetary policy stance remains appropriate and domestic interest rates should hold broadly stable, even as global rate uncertainty persists following a strong Q1 GDP print. investingLive Exclusive 25m ago
Gold price (XAU/USD) rises to near $4,570 during the early Asian trading hours on Monday. The precious metal attracts some buyers on weaker US Dollar (USD) after the reports that the United States (US) and Iran are closing in on a deal that would reopen the Strait of Hormuz. Bloomberg reported on Sunday that Washington and Tehran have signaled progress…
Most NZIER shadow board members back holding New Zealand’s OCR at 2.25% in May (statement due at pm New Zealand time on May 27), citing weak growth and Iran war uncertainty, though all agree rates must rise over the coming year. Summary: Source: NZIER Monetary Policy Shadow Board The majority favour holding the OCR at 2.25% at the upcoming…
US consumers are becoming increasingly worried, which contrasts sharply with record highs for American indices, says Chris Beauchamp, Chief Market Analyst at online trading and investing platform IG.
The very large crude carrier cleared the Gulf of Oman into the Arabian Sea with around 2 million barrels of Iraqi crude bound for China. Most tankers remain stranded in the Persian Gulf following Iran’s effective closure of the Strait of Hormuz in late February. Earlier: The outline of a deal exists signing still days away This article was…
Kevin Warsh was sworn in as the 17th head of the Fed on Friday, the first chair to take the oath at the White House since Alan Greenspan in 1987, a venue choice that says plenty about how close this central bank now sits to the executive branch. The optics got stranger from there. The president used the ceremony…
Prior month 0.7% Retail sales 0.9% vs 0.6% estimate Retail sales ex autos 1.4% vs 0.9% estimate Other details: Retail sales rose 0.9% in March to $72.7 billion. Four of nine subsectors posted gains, led by gasoline stations and fuel vendors. Core Retail Sales: Core retail sales (excluding gasoline stations/fuel vendors and motor vehicle/parts dealers) fell 0.1% in March….
ING economists Min Joo Kang and Lynn Song expect the Bank of Korea to leave policy rates unchanged this week but to adopt a more hawkish tone. They see updated dot plots pointing to one or two rate hikes within six months, alongside upgraded GDP and CPI forecasts. Strong chip production and resilient activity data are expected to support…
