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Will Italy's referendum trigger the next crisis?

Dec 04, 2016 01:23 am UTC| Insights & Views Economy

2016 has been a year of political surprises. June gave us Brexit, November US-President elect Donald Trump and December might give us a government crisis in Italy. On December 4, Italians go to the polls to approve or...

Global Geopolitics Series

Why is China so upset about Trump's Taiwan call – and could it lead to war?

Dec 04, 2016 01:20 am UTC| Insights & Views

The fact that Donald Trump is the first US president to call his Taiwanese counterpart in nearly four decades, seriously upsetting China in the process, might come as a shock when you think that Taiwan is the worlds 22nd...

Global Geopolitics Series

Trump rewrites the diplomatic rule book

Dec 04, 2016 01:15 am UTC| Insights & Views

Even the most pessimistic of commentators must be astounded by US President-elect Donald Trumps capacity to destabilise some of the most important elements of the existing international order even before he actually gets...

FxWirePro: Shorts in TRY and SAR among EMFX space stand out as bearish streaks likely to prolong in 2017 owing to Fed hiking cycle and Trump presidency

Dec 02, 2016 13:18 pm UTC| Insights & Views

The dollar in the recent times has beengaining traction for upward targets against majors (the strengthening dollar sentiments likely to continue in Q12017) on account of three fundamental factors: OPECs production cuts,...

Poland's economic downturn to continue through 2017

Dec 02, 2016 12:42 pm UTC| Insights & Views Economy

Polands real economy disappoints significantly in 2016 and the downturn is likely to continue through 2017. Slump in private investment and weaker-than-expected household consumption are seen to be the main drivers behind...

FxWirePro: AUD/JPY upswings likely to extend, price, volumes, leading and lagging oscillators move in tandem – Stay long in futures near month

Dec 02, 2016 06:32 am UTC| Technicals Insights & Views

Watch out for more rallies up to 86.379 on break-out above resistance at 81.520 and bullish SMA crossover. The current prices spike above SMAs, EMAs channel resistance after testing strong support at 76.175, please be...

South Africa's water sector: a case study in state capture

Dec 02, 2016 05:46 am UTC| Insights & Views Economy

A lot of what is being presented as radical economic transformation initiatives in South Africa is simply state capture by a corrupt elite. The water sector provides a lens through which this issue can be viewed in a very...

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Economy

Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey

Asian fund managers became more constructive on global and regional economic growth in December, while simultaneously tempering expectations for equity market returns, according to Bank of Americas latest fund manager...

Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations

Japans exports to the United States rebounded in November for the first time in eight months, signaling that the impact of U.S. tariffs on the Japanese economy may be easing and strengthening expectations that the Bank of...

Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks

Economists have upgraded their forecasts for Singapores economic growth in 2025, while anticipating a moderation in momentum the following year, according to the latest survey of forecasters released by the Monetary...

RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac

The Reserve Bank of Australia (RBA) is now unlikely to cut interest rates in 2026, according to updated forecasts from Westpac, as inflation remains stubbornly elevated and insufficient to shift the central banks hawkish...

U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge

The U.S. dollar traded steadily on Wednesday, hovering close to its lowest level since early October as fresh economic data reinforced concerns about a softening labor market and uncertainty over the Federal Reserves next...

Politics

Trump Administration Moves to Keep TransAlta Coal Plant Running Amid Rising AI Power Demand

The U.S. Energy Secretary has signed an emergency order to keep a key coal-fired power unit at the TransAlta-owned Centralia Generating Station in Washington state operating through much of the winter, marking the latest...

Federal Judge Declines to Immediately Halt Trump’s $300 Million White House Ballroom Project

A federal judge in Washington signaled on Tuesday that he is unlikely to immediately stop construction of a proposed $300 million White House ballroom, dealing an early setback to preservation advocates challenging the...

European Leaders Tie Ukraine Territorial Decisions to Strong Security Guarantees

European leaders have agreed that any decisions regarding potential Ukrainian territorial concessions to Russia can only be considered once strong and credible security guarantees are firmly in place, according to a joint...

Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

Taiwans political crisis has intensified as President Lai Ching-te warned that the islands global credibility and economic competitiveness are at risk, urging parliament to withdraw a series of controversial laws opposed...

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy

Shares of Chinese AI chipmaker MetaX Integrated Circuits delivered a stunning market debut, soaring more than 600% above their initial public offering price as domestic investors poured into local semiconductor stocks. The...

Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates

Apple Inc. (NASDAQ: AAPL) is reportedly in early-stage discussions with Indian semiconductor companies to explore the assembly and packaging of iPhone components in India, marking a potential shift in the companys global...

Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation

Amazon.com Inc is reportedly in discussions to make a major investment in OpenAI, the creator of ChatGPT, in a potential deal that could value the artificial intelligence company at more than $500 billion, according to a...

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

SUPERFORTUNE, a web3 AI application incubated by Manta Network, has launched its first mobile application, expanding beyond crypto-native users into the global consumer market. The SUPERFORTUNE mobile app delivers...

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...
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