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Hong Kong GDP growth likely to have slowed again in Q4 14: Capital Economics

Feb 24, 2015 19:46 pm UTC| Commentary

Quotes from Capital Economics:- GDP growth in Hong Kong, which rebounded in Q3 after a very weak first half, is likely to have slowed again in the final quarter of 2014. We have pencilled in 2.2% y/y.- There has been...

China's headline manufacturing PMI index likely to fall to 49.4 from 49.7 in Jan: Capital Economics

Feb 24, 2015 19:39 pm UTC| Commentary

Quotes from Capital Economics:- Like all Chinese data in the first quarter of the year, flash manufacturing PMI (01.45 GMT) figures will be affected by distortions related to the shift in timing of Lunar New Year.- But...

Greece deal is just a stop-gap arrangement: Capital Economics

Feb 24, 2015 19:31 pm UTC| Commentary

Quotes from Capital Economics:- Tuesdays endorsement of Greeces draft reform list from Troika is a relief and reduces the immediate risk of a "Grexit". But Greece is certainly not out of the woods. Negotiations over the...

Yellen’s testimony suggests a June rate hike is on the cards: Capital Economics

Feb 24, 2015 19:22 pm UTC| Commentary

Quotes from Capital Economics:- Chair Janet Yellens prepared congressional testimony on Tuesday suggests that the Fed is on course to begin raising its policy rate at the June FOMC meeting. She noted that "considerable...

Expect a broadly stronger USD over the coming 3-6 months: Danske Bank

Feb 24, 2015 18:45 pm UTC| Commentary

Quotes from Danske Bank:- Yellens testimony and our view that the Fed will begin lift-off in June supports our call of a broadly stronger USD over the coming 3-6 months.- In our view, the USD should strengthen as long as...

Fed hike in June possible based on continued robust employment gains and decent GDP growth: Danske Bank

Feb 24, 2015 18:37 pm UTC| Commentary

Quotes from Danske Bank:- Overall this was quite a neutral statement by Janet Yellen in her semi-annual testimony to Congress. She does not give too much away in terms of what has to be in place for lift-off.- We expect...

Fed will likely make a shift to data dependency at the March meeting: Societe Generale

Feb 24, 2015 18:29 pm UTC| Commentary

Quotes from Societe Generale:- Chair Yellen offered few clues today as to the timing of the lift-off in rates. But her speech suggests that the FOMC is very close to removing the "patient" language from its policy...

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Economy

Will government investment make green hydrogen a reality in Australia?

In the budget last week, the government was keen to talk about its efforts to turn Australia into a renewable superpower under the umbrella of the Future Made in Australia policies. Future Made is a framework that sets...

Small businesses can help South Africa fight unemployment if they get proper support – study

South Africa has an alarming unemployment rate of approximately 32.1%. Solutions have been elusive. The unemployment rate has been consistently high for decades. Our research has revolved around entrepreneurship. We...

Australia is set to ban live sheep exports. What will this mean for the industry?

This month the federal government announced a plan to ban live sheep exports, set to come into effect from May 1 2028. The announcement coincided with the release of a highly anticipated report by an independent panel...

Latest inflation figures are good news

The U.S. economy is slowing, but not crashing. In the dismal science, this is what counts as good news. Thats the message I took away from the latest inflation data, released May 15, 2024, which showed U.S. consumer...

The budget is full of good news, but good news isn’t the same as good management

This years budget has something for everyone, with very little in the way of cuts and no new taxes. Its a classic good news pre-election budget. Whether it is too good to be true hinges on whether this budget...

Politics

Why the US government is intervening in the live music business and could break up Live Nation Entertainment – a music industry scholar explains

The U.S. Justice Department, along with 29 states and the District of Columbia, have filed an antitrust lawsuit against Live Nation Entertainment, the parent company of Ticketmaster. The lawsuit alleges that Live Nation...

6 ways to foster political discourse on college campuses

With deep divisions on college campuses most recently over the conflict in the Gaza Strip and Israel many observers fear that universities are not places where students can discuss divisive issues with people who...

How Iran selects its supreme leader

The sudden death of President Ebrahim Raisi is unlikely to drastically alter Irans foreign and domestic policies, but it has left a power vacuum. As stipulated by the constitution, Raisi was replaced by his first vice...

Why the upcoming South African election a massive milestone for the ruling ANC

South Africans governing party, the African National Congress (ANC), is in trouble. After 30 years in charge, it is scrambling for support ahead of the upcoming national elections. The ANC has run the country since the...

How Modi is using TV, film and social media to sway voters in India’s election

As the worlds largest electorate goes to the polls in India, political parties are seeking to sway voters through popular culture, like film. Although cinema has long reflected and influenced the countrys political and...

Science

Ancient DNA from an extinct native duck reveals how far birds flew to make New Zealand home

Ask a bird lover if they have heard of the extinct giant moa or its ancient predator, Haasts eagle, and the answer will likely be yes. The same cant be said of New Zealands extinct, but equally unique, mergansers a group...

Black holes are mysterious, yet also deceptively simple − a new space mission may help physicists answer hairy questions about these astronomical objects

Physicists consider black holes one of the most mysterious objects that exist. Ironically, theyre also considered one of the simplest. For years, physicists like me have been looking to prove that black holes are more...

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

Technology

El Salvador's Pro-Bitcoin Leader Nayib Bukele Sworn in for Historic Second Term

Nayib Bukele, El Salvadors pro-Bitcoin president, was sworn in for a second five-year term, reinforcing his leadership and the countrys commitment to cryptocurrency innovation. Nayib Bukele Begins Second Term as El...

Huawei Chairman Confident in Beating Tesla's FSD with Intelligent Driving in China

Yu Chengdong, Chairman of Huawei Consumer Business Group, expressed confidence that Huaweis intelligent driving unit will outperform competitors in China, including Teslas FSD. Huaweis New Smart Cars Yu Chengdong,...

Shiba Inu and Dogecoin Prices Poised for Sharp Rally in June: Market Analysts

As June begins, investors eagerly anticipate a sharp rally for Shiba Inu and Dogecoin prices. Market analysts are closely watching these meme coins for significant price movements, driven by various macroeconomic factors...

Tesla Cybertruck Police Cruiser Unveiled, Potential Savings of $80K on Fuel Costs: Report

Teslas new Cybertruck police cruiser, with its commanding design, promises to save taxpayers $80,000 annually on fuel costs, according to a recent report. Unplugged Performance Showcases Tesla Cybertruck Police Cruiser,...

Hyundai IONIQ 5 Leads US Production with $7,500 Tax Credit; Chevy Offers No Payments on Equinox, Blazer EVs

Chevy offers no payments on Equinox and Blazer EVs for 120 days, but heres the deal. Meanwhile, Hyundai IONIQ 5 to lead US production at the new EV plant with a $7,500 tax credit in sight. Chevrolet Launches Equinox and...