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Tue, May 14, 2024 04:16 AM All times are UTC

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Asia Roundup: Antipodeans rally to multi-month highs, euro hits 2-1/2 year peak as dollar index tumbles on Fed's dovish tone, Asian shares rally - Thursday, July 27th, 2017

Jul 27, 2017 05:57 am UTC| Market Roundups

Market Roundup Chinas Jun industrial profits surged 19.1% to 727.78 bln yuan Rudd promises to keep door open for EU workers after Brexit - FT UK car industry - clarity on Brexit needed, June output -13.7% -...

Americas Roundup: Dollar turns lower, U.S. Treasury yields drop after Fed statement, Gold jumps to 6-week top, Oil jumps to near 8-week high after big draw in U.S. crude stocks-July 27th 2017

Jul 26, 2017 20:36 pm UTC| Market Roundups

Market Roundup Fed holds rates steady, sees portfolio cuts relatively soon. Fed expects inflation to remain somewhat below 2% in near term but stabilize in medium term. Fed leaves target interest rate unchanged...

Europe Roundup: Sterling rises on upbeat UK Q2 prelim GDP figures, euro consolidates near multi-month peak, investors eye FOMC decision - Wednesday, July 26th, 2017

Jul 26, 2017 11:22 am UTC| Market Roundups

Market Roundup EUR/USD -0.17%, USD/JPY -0.04%, GBP/USD -0.08%, EUR/GBP -0.06% DXY +0.14%, DAX +0.45%, FTSE +0.65%, Brent +0.54%, Gold -0.21% Great Britain Q2 GDP Prelim y/y, 1.7% vs forecast 1.7%, previous...

Asia Roundup: Aussie eases as CPI figures miss expectations, dollar treads water ahead of Fed policy decision, investors eye UK Q2 prelim GDP - Wednesday, July 26th, 2017

Jul 26, 2017 05:57 am UTC| Market Roundups

Market Roundup BOJ DepGov Nakaso: Will pursue current easy policy till CPI target met Prices recently weak but turnaround soon, weak JPY helps, mantra unchanged Japan June corp service prices +0.8% y/y,...

Americas Roundup: Dollar index sits near lowest since June 2016, S&P 500 jumps to record high on busy earnings day, Oil rises on Saudi pledge to cut exports, Fed meeting statement on Wednesday in focus-July 26th,2017

Jul 25, 2017 20:08 pm UTC| Market Roundups

Market Roundup US Consumer Confidence Jul 121.1, 116.5 forecast, 117.3 previous. US Monthly Home Price MM May 0.4%, 0.6% previous. US Monthly Home Price Index May 249.2, 248.3 previous. US Caseshiller 20 MM...

Europe Roundup: Sterling consolidates near 1-week peak, euro gains on better-than-expected German IFO figures, European shares rally - Tuesday, July 25th, 2017

Jul 25, 2017 11:29 am UTC| Market Roundups

Market Roundup EUR/USD +0.11%, USD/JPY +0.32%, GBP/USD -0.12%, EUR/GBP +0.24% DXY +0.04%, DAX +0.49%, FTSE +0.92%, Brent +1.01%, Gold -0.36% Germany Jul Ifo Business climate, 116.0 vs forecast 114.9,...

Asia Roundup: Antipodeans gain as crude oil rally, dollar index steadies near 13-month lows on upbeat U.S. economic data, investors eye BoE Haldane's speech - Tuesday, July 25th, 2017

Jul 25, 2017 05:53 am UTC| Market Roundups

Market Roundup PM Abe advisor Hamada favors reappointment of BOJ Gov Kuroda Nikkei BOJ minutes Most agreed need to remain easy 2% inflation target still distant, some noted importance of explaining...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US student Gaza protests: five things that have been missed

Coverage of the recent student encampments at more than 50 universities across the United States has focused on confrontations between opposing groups of protesters or between protesters and police. The spectacle of...

Will Solomon Islands’ new leader stay close to China?

Former foreign minister Jeremiah Manele has been elected the next prime minister of Solomon Islands, defeating the opposition leader, Matthew Wale, in a vote in parliament. The result is a mixed bag for former prime...

Science

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...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

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,...

Technology

Xiaomi CEO Lei Jun Delivers SU7 EVs Amid Brake Failure Software Misidentification Response

Xiaomis CEO Lei Jun personally delivered the first batch of SU7 EVs, following the companys official response attributing brake failure to a software misidentification. Xiaomi Addresses SU7 Brake Failure Incident as...

Shiba Inu (SHIB) Climbs 7% in an Hour, Market Watches in Surprise

Shiba Inu (SHIB) surged in value by 7% in a single hour, outperforming the larger crypto market bounce. Unexpected Surge in Shiba Inus Value This gain is especially significant because it occurred without the...

Japanese Firm Metaplanet Buys 117 BTC, Diversifies Reserve Amid Yen Drop

Amid a weakening yen, Metaplanet, a Japanese investment giant, has strategically shifted to Bitcoin, purchasing 117.7 BTC worth $7.2 million. This move aligns with their new treasury strategy to bolster economic resilience...

CNBC’s Ran Neuner Reveals Personal Picks for Crypto Portfolio

CNBCs Ran Neuner has shared his new cryptocurrency investments, choosing XRP, TON, and, notably, Solana. Highlighting each for its unique potential in the evolving crypto market, Neuners selections spotlight technological...

Philippines Tests Peso-Backed Stablecoin, Eyes Future Financial Innovations

In a groundbreaking initiative, the Bangko Sentral ng Pilipinas has commenced sandbox testing for the PHPC, a stablecoin pegged 1:1 to the Philippine peso. This pilot, a collaboration with Coins.ph, aims to evaluate the...