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Sun, Nov 10, 2024 09:37 PM All times are UTC

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Household debt-to-GDP in New Zealand rises at a relatively fast pace

Jul 12, 2016 15:21 pm UTC| Commentary

Westpacs report said that household debt in New Zealand has risen to record levels, and it has been rising at a faster pace than in other developed economics. This warning comes on top of concerns expressed by the Reserve...

Speculation about stimulus measures put pressure on yen

Jul 12, 2016 15:03 pm UTC| Commentary

Japan economy minister Ishihara was out on the wires last hour via Reuters, commenting on the economic stimulus expected to be on the cards soon. Markets were initially disappointed after announcement from Japanese...

Australia's business confidence rebounds in June, shrugs off Brexit volatility

Jul 12, 2016 14:05 pm UTC| Commentary

The latest survey from National Australia Bank showed on Tuesday that business confidence in Australia improved in June. The NAB business confidence index rose to 6.0 in May from 3.0 in the previous month. The...

German inflation picks up in June, could buttress ECB's “wait-and-see” approach for further stimulus

Jul 12, 2016 13:32 pm UTC| Commentary

Data released by German federal statistics office, Destatis, showed earlier on Tuesday that inflation in Germany accelerated fractionally in June, buoyed by rising food prices and shallower declines in energy prices. There...

Canadian bonds slump on rallying crude oil prices, focus on BOC policy decision

Jul 12, 2016 13:15 pm UTC| Commentary

The Canadian government bonds slumped on Tuesday following rally in the crude oil prices. Also, investors await the Bank of Canada (BoC) monetary policy decision, which is scheduled to be held on July 13. The yield on...

Energy prices expected to normalize by 2017, oversupply likely to reduce

Jul 12, 2016 13:00 pm UTC| Commentary

The International Energy Agency has slashed estimates of oversupply of oil in the coming months, while maintaining consensus that the oil market is likely to rebalance in 2017, given that demand for the energy commodity...

RBA prefers weak AUD; additional rate cut possible if currency continues to strengthen

Jul 12, 2016 12:52 pm UTC| Commentary Economy

The Australian central bank, Reserve Bank of Australia, had reacted immediately in May by lowering its key rate by 25 basis points to 1.75 percent, as expected widely. The cut in rates was also a response to the noticeable...

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Economy

Biden to Host President-Elect Trump for White House Meeting

Biden to Host Trump at White House in Historic Meeting In a landmark moment for American politics, President Joe Biden will meet with President-elect Donald Trump at the White House on Wednesday, following Bidens formal...

Mass Protests Erupt in Valencia Over Government Response to Deadly Floods

Mass Protests in Valencia Demand Accountability for Flood Tragedy Valencia, Spain Tens of thousands gathered in the heart of Valencia on Saturday, voicing their outrage over what they say was a slow and insufficient...

Trump Confirms Nikki Haley and Mike Pompeo Will Not Join 2025 Administration

Trump Confirms Haley and Pompeo Excluded from 2025 Administration President-elect Donald Trump announced on Saturday that former U.N. Ambassador Nikki Haley and former Secretary of State Mike Pompeo will not join his...

U.S. Accelerates Missile Shipments to Ukraine Amid Escalating Tensions

U.S. Boosts Military Support to Ukraine with Expedited Missile Shipment The United States plans to accelerate the delivery of more than 500 interceptor missiles to Ukraine in the coming weeks, according to a report by...

Mauritius Election: Voters Weigh Cost-of-Living Solutions as Leaders Promise Economic Relief

Mauritius Election: Leaders Promise Economic Relief Amid Cost-of-Living Crisis Mauritius is set for a critical parliamentary election on Sunday as incumbent Prime Minister Pravind Kumar Jugnauth and rival coalitions...

Politics

‘Biden Must Step Down to Make History!’ Former Harris Aide Sparks Firestorm with Call for First Female President

In a surprising and highly controversial statement, Jamal Simmons, the former communications director for Vice President Kamala Harris, has publicly proposed that President Joe Biden resign from office to pave the way for...

Elon Musk and RFK Jr. ‘Poised for Power’ as Trump Shapes New Cabinet—‘Strategic Alliances to Reshape America'

As President-elect Donald Trump prepares to return to the White House, high-profile figures like Elon Musk and Robert F. Kennedy Jr. have reportedly entered the conversation surrounding the formation of his new...

Trump Shatters GOP Voting Records! ‘Historic Turnout as Trump Claims Most Popular Votes Ever for a Republican'

In a historic outcome for the Republican Party, former President Donald Trump has reportedly achieved the highest raw popular vote count of any GOP presidential candidate in U.S. history. As projections from the 2024...

Eight States Enact Citizen-Only Voting Laws, Sparking National Debate on Voter Eligibility

In a powerful move redefining voter eligibility, eight U.S. states passed citizen-only voting initiatives in the latest election cycle, sending a strong message on who can cast a ballot. These initiatives, approved by wide...

Donald Trump Jr. Vows to Keep ‘Neocons and Warhawks Out’ of Father’s Cabinet: ‘No More Endless Wars'

Donald Trump Jr. has publicly declared his intent to wield influence in shaping his fathers administration, with a resolute stance against including neocons and warhawks in any future Trump White House. In a recent...

Science

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Technology

Tesla FSD Update Expands Speed Profiles to More Roads, Including City Streets

Teslas Full Self-Driving (FSD) update version 12.5.6.2 now allows speed profiles on roads with speed limits of 50 mph or higher, extending beyond highways to city streets. This feature, part of the 2024.33.30 software...

Waymo Unveils EMMA, a New AI Research Model for Next-Gen Autonomous Driving Technology

Waymo has launched its new AI research model, EMMA, aimed at advancing autonomous driving technology. The model, still in the research stages, integrates multimodal learning for improved decision-making and real-time...

Toyota Targets 2.5 Million Annual Car Production in China by 2030 to Reclaim Market Share

Toyota is set to increase its annual car production in China to 2.5 million by 2030, marking a strategic shift to regain market share lost to local competitors. The Japanese automaker plans to empower local teams and...

Ethereum Hits $3.2K, Surpasses Bank of America Market Cap as Bitcoin Soars Past $79K

Ethereum surged to $3,200 on Nov. 10, pushing its market capitalization to $383 billion and surpassing Bank of Americas valuation. The milestone coincides with Bitcoin soaring past $79,000 following the U.S. presidential...

$3 Dogecoin on the Horizon? Golden Cross Signals Massive Rally Ahead

With a pivotal Golden Cross imminent, Dogecoin is stirring excitement in the crypto world. Kevin Capital foresees a stretch to $1.80, contingent on Bitcoins performance, while Dima James raises the stakes, envisioning DOGE...