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Fri, Apr 26, 2024 01:40 PM All times are UTC

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BoK likely to stay on hold till late 2019 given South Korea’s slowing growth and benign inflation, says Scotiabank

Jan 03, 2019 06:10 am UTC| Commentary Central Banks Economy

The Bank of Korea (BoK) is expected to stay on hold till late 2019 given South Koreas slowing growth and benign inflation, after delivering a November rate hike, according to the latest research report from...

Australian 10-year bond yield hits over 26-month low amid concerns over global growth slowdown

Jan 03, 2019 03:51 am UTC| Commentary Economy

Australian government bonds gained across the curve during early Asian session Thursday as investors moved to safe-haven buying amid rising concerns of a global growth slowdown. Also, demand for U.S. Treasuries and German...

UK gilts climb despite better-than-expected December manufacturing PMI; construction PMI in focus

Jan 02, 2019 09:53 am UTC| Commentary Economy

The UK gilts climbed during Wednesdays afternoon session after the countrys manufacturing PMI for the month of December, released today, beat market expectations, also higher than the previous reading in November....

German bunds jump after December manufacturing PMI remains unchanged; eyes on December unemployment change

Jan 02, 2019 09:21 am UTC| Commentary Economy

The German bunds jumped during European session Wednesday after the countrys manufacturing PMI for the month of December, released today, remained unchanged, also meet market expectations. Investors will now look...

Singaporean economy expands slower by 2.2 pct y/y in Q4 2018; 2019 GDP forecast at 2.7 pct y/y

Jan 02, 2019 07:32 am UTC| Commentary Economy

The Singaporean economy expanded by a slower 2.2 percent y/y (1.6 percent q/q saar) in Q4 2018, marking a modest slowdown from 2.3 percent y/y (3.5 percent q/q saar) in Q3 2018 but also the slowest y/y growth since 3Q16...

JGBs remain flat in muted trading week amid New Year holidays

Jan 02, 2019 06:52 am UTC| Commentary Economy

The Japanese government bonds remained flat during Wednesday, as investors remained sidelined amid a series of government holidays, following the long weekend-off on account of New Year. The yield on the benchmark...

Geopolitical risks likely to remain speedbumps through 2019 on global economic growth, says OCBC Bank

Jan 02, 2019 05:55 am UTC| Commentary Economy

Geopolitical risks are expected to remain speedbumps throughout this year in the way of global economic growth, with the United States potentially running out of steam in 2020, according to the latest research report from...

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Economy

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

What if the Reserve Bank itself has been feeding inflation? An economist explains

Heres something for the board of the Reserve Bank of Australia to ponder as it meets next month to set interest rates. It has pushed up rates on 13 occasions since it began its attempt to restrain inflation in May...

China’s new world order: looking for clues from Xi’s recent meetings with foreign leaders

There is broad consensus that Chinese foreign policy has become more assertive and more centralised in the decade since Xi Jinping has ascended to the top of Chinas leadership. This has also meant that Chinese foreign...

How India’s economy has fared under ten years of Narendra Modi

More than 960 million Indians will head to the polls in the worlds biggest election between April 19 and early June. The ruling Bharatiya Janata Party (BJP), which is led by Prime Minister Narendra Modi, is seeking a third...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Turkey’s suppression of the Kurdish political movement continues to fuel a deadly armed conflict

The world has 91 democracies and 88 autocracies. Yet 71% of the worlds population (some 5.7 billion people) are living under autocratic rule, a big jump from 48% ten years ago. This trend towards authoritarianism can...

Georgia is sliding towards autocracy after government moves to force through bill on ‘foreign agents’

Georgias ruling party attempted to pass a controversial bill on foreign agents in March 2023. The law would have required civil society groups and the media to register as being under foreign influence if they receive...

Science

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

DeepL Unleashes AI-Powered Tool for Business Writing

DeepL is a translation service from Germany, and it announced on Friday, April 26, that it would launch a new tool called DeepL Write Pro. It is an AI-based writing assistant created to help businesses with their writing...

Arthur Hayes Predicts Major Bullish Crypto Market Recovery Signal From US Treasury Department

Arthur Hayes, co-founder of BitMEX, has identified a potential boost for the cryptocurrency and stock markets based on recent U.S. Treasury actions. These actions could inject substantial liquidity, fueling a bullish...

Tesla Cybertruck Spotted in Sydney Sparks Debate: Potential Australian Release?

As the Tesla Cybertruck makes unexpected appearances on the streets of Sydney, speculation swirls about its potential availability in Australia, despite previous doubts regarding its local launch. Tesla Cybertruck...

Hertz to Offload 30K EVs This Year, Deepens Cuts Amid Mounting Fleet Losses

In a recent financial revelation, Hertz disclosed continued losses from its electric vehicle (EV) investments, announcing plans to sell 30,000 EVs this year amid depreciating values and escalating maintenance...

Toyota Motor Launches Trial for EV Pickups in Thailand

Toyota Motor Corporation launched the trial for its electric pickup trucks in Thailand. The Japanese automaker said its pilot project brought nine fully electric Hilux Revo pickups to key Thai market. According to...