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Coronavirus impact likely to affect Japan’s export recovery, says Oxford Economics

Feb 19, 2020 08:34 am UTC| Commentary Economy

After exports to China had picked up in previous months, the renewed contraction in the wake of the coronavirus outbreak underscores risks to growth and dents hope for a near-term export recovery, according to the latest...

BI likely to lower benchmark rate to 4.75 pct amid benign CPI inflation, slower growth: Scotiabank

Feb 19, 2020 04:27 am UTC| Commentary Central Banks Economy

Bank Indonesia (BI) is expected to lower its benchmark interest rate by 25 bp to 4.75 percent on Thursday afternoon amid benign CPI inflation and slowing economic growth, according to the latest research report from...

Australian bonds remain flat as investors await January employment report

Feb 19, 2020 04:18 am UTC| Commentary Economy

The Australian bonds remained flat during morning trading hours Wednesday ahead of the countrys labour market report for the month of January, due to be released on February 20 by 00:30GMT. The yield on Australias...

Canadian headline inflation likely accelerated in January on energy prices

Feb 18, 2020 19:14 pm UTC| Commentary

Canadian consumer price inflation data for the month of January is set to release tomorrow. According to a TD Economics research report, the headline inflation is likely to have accelerated to 2.4 percent year-on-year. On...

Swedish jobless rate rises to 7.1 pct in January, likely to remain between 7-7.5 pct in 2020

Feb 18, 2020 16:52 pm UTC| Commentary

The Swedish labor market had a soft beginning to 2020, as was anticipated. On a seasonally adjusted basis, the jobless rate rose to 7.1 percent from Decembers 6.6 percent, as compared with consensus expectations of a rise...

U.K. labor market remains tight at end of 2019, jobless rate stays unchanged at 3.8 pct

Feb 18, 2020 13:49 pm UTC| Commentary

U.K. labor market report came in strong at the end of 2019. The latest jobs report shows that the labor market remains tight and either close to or at full employment. In spite of uncertainties over the longer-term outlook...

Swedish home prices rise above expectations in January

Feb 18, 2020 13:15 pm UTC| Commentary

Swedish home prices rose 2.9 percent sequentially in January. On a year-on-year basis, the home prices rose 6.2 percent, showed the HOX/Valueguard home price index. Todays data is above expectations. Apartment prices in...

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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

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

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

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...
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