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Mon, Apr 29, 2024 04:04 AM All times are UTC

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Asia Roundup: Antipodeans ease after Moody's downgrade China's rating, rise in U.S. Treasury yields boosts dollar, investors eye ECB Draghi's speech - Wednesday, May 24th, 2017

May 24, 2017 05:41 am UTC| Market Roundups

Market Roundup Moodys cuts Chinas rating to A1 from AA3; outlook stable from negative Moodys: No timetable for re-assessment of rating after downgrade China finmin: Downgrade overestimates difficulties,...

Americas Roundup-Dollar off 6-1/2-month lows, Wall St rises, Oil settles up slightly on view OPEC will extend output cuts, Fed minutes in focus-May 24th,2017

May 23, 2017 21:33 pm UTC| Market Roundups

Market Roundup US Markit Comp Flash PMI May 53.9, 53.20 previous. US New Home Sales Units Apr 0.569 mln vs 0.610 mln forecast, 0.642 mln previous. US Rich Fed Comp. Index May +1, 20 previous. Feds Kashkari:...

Europe Roundup: Weak UST yields push dollar index towards 6-1/2 month low, oil slips on White House proposal to sell U.S. oil reserves - Tuesday, 23rd, 2017

May 23, 2017 12:10 pm UTC| Market Roundups

Market Roundup EUR/USD +0.14%, USD/JPY -0.10%, GBP/USD -0.16%, EUR/GBP +0.28% DXY -0.09%, DAX +0.39%, FTSE +0.16%, Gold +0.06% Suicide bomber kills at least 22 at Ariana Grande concert in...

Asia Roundup: Pound slips after a suspected terrorist attack at Manchester, gold stabilizes above $1,260 mark, Asian markets mixed - Tuesday, May 23, 2017

May 23, 2017 07:20 am UTC| Market Roundups

Market Roundup At least 19 killed in suspected attack at Ariana Grande concert in British arena. Britain suspends election campaign after suspected attack. British PM May to hold security meeting at 0800...

Americas Roundup: Dollar weak as political risks linger; euro bounces on Merkel comments, Oil rises to month-high with output cut extension expected-May 23rd, 2017

May 22, 2017 20:29 pm UTC| Market Roundups

Market Roundup US National Activity Index Apr 0.49%, 0.07 previous. Iraqi oil minister agrees with Saudi Arabia on extending OPEC cuts for 9 months. Feds Kaplan calls for reductions in Feds balance sheet to...

Europe Roundup: Sterling eases below 1.300, dollar index hits 6-1/2 month low on U.S. political concerns, oil prices rally on OPEC hopes - Monday, 22nd, 2017

May 22, 2017 12:03 pm UTC| Market Roundups

Market Roundup EUR/USD -0.18%, USD/JPY flat, GBP/USD -0.35%, EUR/GBP +0.17% DXY +0.15%, DAX -0.38%, FTSE +0.33, Gold flat Merkel says Euro is too weak, makes German products cheaper In Israel, Trump...

Asia Roundup: Aussie eases ahead of RBA Assist. Gov. Debelle's speech, dollar rebounds as U.S. Treasury yields resume rise, Asian shares rally - Monday, May 22nd, 2017

May 22, 2017 05:27 am UTC| Market Roundups

Market Roundup Japan Apr exports +7.5% y/y vs forecast +7.8%, last +12.0% Japan Apr imports +15.1% y/y vs forecast +14.8%, last +15.8% Japan Apr trade surplus (Yen) 481.7 bln vs forecast 520.7 bln, last...

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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...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Why is the London Stock Exchange losing out to the US

London Stock Exchange (LSE), which can trace its heritage to the coffee houses of the 17th century, is failing. The volume of shares traded is sharply declining, and some UK companies are swiftly moving to the US...

Why Germany ditched nuclear before coal – and why it won’t go back

One year ago, Germany took its last three nuclear power stations offline. When it comes to energy, few events have baffled outsiders more. In the face of climate change, calls to expedite the transition away from fossil...

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,...

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

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...

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

Elon Musk Unveils $10 Billion AI Investment to Propel Tesla's Autonomy

In a bold stride towards futuristic transportation, Elon Musk has declared a $10 billion investment in artificial intelligence for Tesla, aiming to enhance its autonomous driving technology and potentially launch a...

OpenAI and Worldcoin Eye Strategic Partnership Amid Regulatory Gaze

Amid escalating regulatory scrutiny, OpenAI, led by Sam Altman, is reportedly discussing a potential partnership with Worldcoin, another venture Altman co-founded. As detailed by Bloomberg, these talks could lead to...

Traders Forecast Best Altseason Since 2017 as Bitcoin Momentum Cools

As Bitcoin stabilizes above $64,000, traders forecast a burgeoning altcoin market that may mirror the explosive growth last seen in 2017. Bitcoin Rebounds Over Weekend, Traders Anticipate Potential Altcoin...

MicroStrategy's Bold Strategy Pays Off: Stock Skyrockets Amid Bitcoin Fluctuations

Despite the cryptocurrencys volatility, MicroStrategys stock soared by an impressive 461.7% over the past year, buoyed by strategic investments in Bitcoin and innovative debt management. MicroStrategy Triumphs: Stock...

Elon Musk in Beijing to Propel Tesla's Self-Driving Tech in China

Tesla CEO Elon Musk unexpectedly visited Beijing on Sunday to discuss launching Teslas Full Self-Driving technology in China and navigate data transfer policies amidst heightened US-China trade collaborations. Elon Musk...