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Sun, May 05, 2024 12:28 AM All times are UTC

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Asia Roundup: Aussie slumps following RBA minutes, dollar off 5-month low against yen on Mnuchin's comments, Asian shares ease amid risk-off sentiment- Tuesday, April 18th, 2017

Apr 18, 2017 05:57 am UTC| Market Roundups

Market Roundup Japan government nominates reflationists to BoJ Policy Board to replace dissenters Kiuchi, Sato, both Goushi Kataoka and Hitoshi Suzuki hail from MUFJ Group, Kataoka has written on tax barriers, Suzuki...

Americas Roundup: Dollar hits 5-week low against Japanese yen then pares losses, Oil edges lower, trade thin as some cash in after 3-week rally-April 18th, 2017

Apr 17, 2017 20:24 pm UTC| Market Roundups

Market Roundup US April NAHB Housing Market Index 68 (f/c 70) versus 71 in March. US economyis seen growing at 0.5% in Q1 vs. +0.6% estimate April 7- Atlanta Feds GDPNow Model. NY Feds Empire State Current...

Asia Roundup: Antipodeans rally on upbeat Chinese economic data, dollar hits 5-month low against yen on North Korea tensions, Asian shares decline amid holiday-thinned trade- Monday, April 17th, 2017

Apr 17, 2017 06:14 am UTC| Market Roundups

Market Roundup US Treasury No major trading partner met all three thresholds for enhanced engagement on currency manipulation in 16 under 88 law, China, Japan, South Korea, Taiwan, Germany and Switzerland to remain...

Americas Roundup: Dollar recovers after selloff Wed on Trump comments, US stocks dip, Oil near flat in strong week for crude-April 15th, 2017

Apr 13, 2017 21:36 pm UTC| Market Roundups

Market Roundup US weekly jobless claims point to tightening labor market, 234k v 245k forecast; 4-wk Avg -3k. US PPI final demand y/y 2.3% v 2.4% forecast, 2.2% previous, m/m -0.1% v 0% forecast, 0.3% previous. ...

Europe Roundup: Sterling hits over 2-week high as Brexit worries ease, dollar index rebounds from multi-week troughs, European shares trade in red - Thursday, April 13th, 2017

Apr 13, 2017 11:56 am UTC| Market Roundups

Market Roundup EUR/USD -0.2%, USD/JPY -0.15%, EUR/JPY -0.2%, EUR/GBP -0.2% DXY -0.5%, DAX -0.25%, FTSE -0.5%, Copper +1.1%, Gold +0.1% EUR/JPY hits 5-month low at 115.91. EUR/GBP 6-week low at...

Asia Roundup: Aussie rallies on upbeat employment report, dollar hits multi-week low against yen on President Trump comments, Asian shares volatile- Thursday, April 13th, 2017

Apr 13, 2017 06:51 am UTC| Market Roundups

Market Roundup Trump USD getting too strong, will not label China a currency manipulator, likes low interest rate policy, likes and respects FOMC Chair Yellen, Ex-Im Bank good thing Wall Street Journal. TsySec...

Americas Roundup: Dollar falls across the board after Trump comments, US stocks ends lower, Oil eases off 1-month peak as traders eye cushing build, U.S. supply-April 13th, 2017

Apr 12, 2017 20:55 pm UTC| Market Roundups

Market Roundup US March import prices -0.2% (forecast -0.2%) vs. Feb +0.4% (previous (+0.2%). US March Petroleum import prices -3.6% vs. Feb +1.3%. Bank of Canada holds o/n interest rate at 0.50%; says econ...

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Economy

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

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...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Politics

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

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...

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...

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...

Technology

Altcoin Market Rally Predicted, Analysts Forecast $4 Trillion Market Cap Surge

Analysts are predicting a substantial rally in the altcoin market, with projections indicating a surge that could drive the market cap to an impressive $4 trillion. This optimistic outlook is supported by positive economic...

Shiba Inu's Remarkable 12% Surge Fueled by Record SHIB Burns, Community Momentum

Shiba Inus ascent reaches new heights as the cryptocurrency experiences a remarkable 12% surge, fueled by record-breaking SHIB burns. The surge reflects robust community engagement and underscores the dynamic nature of the...

Vodafone Ventures into Crypto Integration: SIM Cards to Host Blockchain Wallets

Vodafone, the UK-based telecom giant, is pioneering a groundbreaking initiative to fuse blockchain technology with smartphone functionality by integrating cryptocurrency wallets directly into SIM cards. This innovative...

Leak: Huawei's Kirin PC Chip, Qingyun Notebooks to Launch Next Month

Leaked information hinting at the imminent debut of the highly anticipated Kirin PC chip alongside the release of new Qingyun notebooks. The introduction of this computer-dedicated CPU marks a significant milestone for...

Tesla Enhances Model Y Lineup with Longer-Range Variant, Price Adjustment

Tesla has revamped its Model Y offerings, bidding farewell to the standard range rear-wheel-drive (RWD) model while introducing a longer-range variant for an additional $2,000. This strategic maneuver aligns with Teslas...