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Mon, Dec 23, 2024 07:21 PM All times are UTC

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Malaysia's 2015 current account surplus likely to come at 2.5% of GDP: Standard Chartered

Feb 24, 2015 10:58 am UTC| Commentary

Quotes from Standard Chartered: -We also lower our 2015 current account (C/A) surplus forecast for Malaysia to 2.5% of GDP from 5.3%, owing to likely headwinds to exports in H1. The C/A surplus increased to 4.6% of GDP...

Malaysia's GDP likely to grow by 5.0% in 2015: Standard Chartered

Feb 24, 2015 10:56 am UTC| Commentary

Quotes from Standard Chartered: -We expect sluggish export growth and an unfavourable base effect in 2014 to weigh on Malaysias economic growth in 2015. -We forecast 5.0% growth (previously: 5.5%)after a stellar...

Further EUR weakness to materialise in coming six months: Danske Bank

Feb 24, 2015 10:51 am UTC| Commentary

Quotes from Danske Bank: -The EUR declined against the USD, JPY and GBP yesterday and Fridays gains from the euro relief rally following the temporary Greek debt agreement have already been erased. -Now that the imminent...

Danish central bank to cap EUR/DKK in the range of 7.4440-7.4700: Danske Bank

Feb 24, 2015 10:48 am UTC| Commentary

Quotes from Danske Bank: -In the Scandi FX market, EUR/DKK continued higher yesterday following the largest day-to-day change since the introduction of the euro in 1999 on Friday. EUR/DKK is testing the upper bound of the...

Daily technical outlook for USD/ILS: Societe Generale

Feb 24, 2015 10:43 am UTC| Commentary

Quotes from Societe Generale Cross Asset Research: -USD/ILS has given a break above a descending trend line resistance and is currently probing the 50 day MA at 3.92. Daily RSI is breaking above resistance and the up move...

Daily technical outlook for USD/RUB: Societe Generale

Feb 24, 2015 10:42 am UTC| Commentary

Quotes from Societe Generale Cross Asset Research: -USD/RUB has rebounded after testing the monthly open/closes level at 60.00 and is currently testing a descending channel limit (65). -Daily indicators are still in...

Daily technical outlook for EUR/JPY: Societe Generale

Feb 24, 2015 10:41 am UTC| Commentary

Quotes from Societe Generale Cross Asset Research: -EUR/JPY is hovering close to an upward trend line and the 10 week MA of 137.60. With weekly indicator testing a resistance, upside looks capped. -Short term, it is...

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Economy

Tesla Rolls Out Mobile Megapack Chargers for Holidays Across the US, Find Out the Locations Here

Tesla has introduced mobile Megapack chargers at major U.S. travel hotspots to support increased holiday traffic. Travelers can find these high-speed chargers in locations like Bakersfield, Primm, El Centro, and Cambridge,...

UK Business Confidence Hits 2024 Low as Pay Growth Climbs Ahead of Christmas Hiring Surge

UK business confidence fell to its lowest level in 2024 during December, Lloyds Bank reported, despite a notable rise in hiring and strong pay growth ahead of the Christmas season, offering mixed signals for the economy...

Honda and Nissan Ready to Kick Off Integration Talks to Counter Tesla and Chinese Auto Giants

Honda and Nissan are preparing to announce the launch of integration talks, marking a critical moment in the global automotive industry. The discussions, likely involving Mitsubishi Motors, aim to create the worlds...

Trump Teases TikTok’s Fate in the US as ByteDance Faces a Critical Supreme Court Battle

President-elect Donald Trump hinted that TikTok could remain operational in the US, citing its immense popularity during his campaign, even as ByteDance braces for a Supreme Court showdown over its ownership. Trump...

'Santa Claus' Rally in Doubt as S&P Stumbles and Fed Signals Trouble for Year-End Gains

Hopes for a Santa Claus rally are fading as the SP 500 battles December losses and rising Treasury yields. With 2024 up 24%, investors question if the year will close on a high note or end with a whimper. Santa Claus Rally...

Politics

Biden's 'Death Row Commutations' Spark Outrage, Child Killers and Mass Murderers Spared Execution

In a significant move, President Joe Biden has commuted the sentences of 37 federal death row inmates to life imprisonment without parole. This decision, announced just days before Christmas, spares individuals convicted...

Trump's 'Greenland Purchase' Proposal Resurfaces, Igniting Global Debate

President-elect Donald Trump has reignited discussions about acquiring Greenland, the vast Arctic territory governed by Denmark. This renewed interest mirrors his 2019 proposal, which was dismissed by Danish authorities....

Katie Miller Joins DOGE Sparking Buzz Over Trump's New 'Government Efficiency' Team Appointment

Katie Miller, a seasoned communications professional and longtime supporter of President-elect Donald Trump, has been named a key member of the Department of Government Efficiency (DOGE). Trump announced the appointment on...

Trump's Incoming National Security Adviser Vows 'Severe Consequences' for Hostage-Takers

President-elect Donald Trumps designated National Security Adviser, Representative Mike Waltz, has issued a stern warning to any entity considering the detention of American citizens. In a recent statement, Waltz...

Trump’s Crypto Council Appointment Sparks Debate as Bo Hines Joins Digital Assets Team

President-elect Donald Trump has named Bo Hines as the executive director of the Presidential Council of Advisers for Digital Assets. This announcement highlights the incoming administrations focus on regulating the...

Science

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Christmas Eve Asteroid' to Skim Past Earth at 14,743 mph Tonight, NASA Warns

NASA has announced that an asteroid, comparable in size to a 10-story building, will make a close approach to Earth on Christmas Eve. The space rock, designated 2003 SD220, is expected to pass by our planet at a speed of...

Emergency Declared as Bird Flu 'Spreads' to California Dairy Cows

California Governor Gavin Newsom has officially declared a state of emergency in response to the rapidly escalating bird flu outbreak. The declaration comes after avian influenza was detected in dairy cows, a rare and...

Missing Radioactive Material in New Jersey Sparks Panic — Are Drones ‘Hunting for It’?

A small amount of radioactive material went missing in New Jersey earlier this month, raising concerns over public safety and potential security risks. The U.S. Nuclear Regulatory Commission (NRC) confirmed on December 2,...

Some black holes at the centers of galaxies have a buddy − but detecting these binary pairs isn’t easy

Every galaxy has a supermassive black hole at its center, much like every egg has a yolk. But sometimes, hens lay eggs with two yolks. In a similar way, astrophysicists like us who study supermassive black holes expect to...

Technology

Trump's 'Tech Dream Team' Appointments Spark Debate Over Administration's Digital Strategy

President-elect Donald Trump has unveiled a series of high-profile appointments to his technology team, signaling a robust commitment to advancing the United States position in artificial intelligence (AI) and digital...

Apple Releases 'Urgent' Warning as iPhone Users Targeted by 'Mercenary' Spyware Attacks

Apple has issued an urgent alert to iPhone users, warning of sophisticated spyware attacks orchestrated by private entities targeting high-profile individuals. These mercenary spyware tools, notably Pegasus, can infiltrate...

China’s Nio Brings Firefly EV to Europe in 2025 to Challenge Mini and Smart

Chinas Nio is preparing to launch its Firefly EV in Europe by early 2025, aiming to rival Mini and Smart. As the company expands its presence, its also addressing tariff challenges with innovative battery-swapping stations...

Soaring EV Sales Spark Scramble for Lithium and Graphite as 2030 Supply Pinch Looms

A booming market could drive electric vehicle sales from 4.5 million this year to nearly 28 million by 2030, pressuring scarce battery resources. A new McKinsey analysis highlights looming shortages in lithium, manganese,...

Samsung Plans Ultra-Thin Galaxy S25 Slim to Rival iPhone 17 Air in 2025 Flagship Battle

Samsung is reportedly preparing to unveil its thinnest flagship yet, the Galaxy S25 Slim, early next year. The device, with a rumored sub-7mm thickness, is aimed at challenging Apples iPhone 17 Air while pushing the...