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Tue, May 07, 2024 06:48 AM All times are UTC

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Asia Roundup: Kiwi eases following downbeat GDT auction result, dollar falls versus yen as China trade shock triggers risk-off sentiment, Asian shares volatile - Wednesday, March 8th, 2017

Mar 08, 2017 06:31 am UTC| Market Roundups

Market Roundup China February trade balance -60.36 bln yuan China February Yuan-denominated imports +44.7 pct y/y China February Yuan-denominated exports +4.2 pct y/y New Zealand q4 s/adj manufacturing...

Americas Roundup: Dollar rises modestly on rate hike bets, European worries, Oil little changed as growing U.S. supply offsets bullish Saudi comments-March 8th, 2017

Mar 07, 2017 22:39 pm UTC| Market Roundups

Market Roundup US trade deficit jumps to 5-yr high, -48.5b v -48.5b forecast, -44.3b previous; imports rise 2.3% v exports +0.6%. US Redbook y/y +1% v 1.4% previous; m/m -0.8% v 0.7% previous. New Zealands...

Europe Roundup: Sterling falls below 1.2200 ahead of second Lords' Brexit vote, dollar recovers as U.S. Treasury yields resume rise, European shares extend losses - Tuesday, March 7th, 2017

Mar 07, 2017 12:21 pm UTC| Market Roundups

Market Roundup EUR/USD -0.05%, USD/JPY +0.05%, GBP/USD -0.25%, DXY +0.1% DAX +0.1%, CAC -0.3%, Brent +0.2%, Gold -0.05%, Copper -0.6% Dollar recovers after dip in Asian time Sterling down ahead of...

Asia Roundup: Aussie rallies as RBA stands pat, euro steadies amid French election concerns, investors eye Eurozone's GDP figures - Tuesday, March 7th, 2017

Mar 07, 2017 06:20 am UTC| Market Roundups

Market Roundup RBA sticks to script, holds OCR at 1.5%, global economic conditions improved over recent months, unchanged policy consistent with growth-inflation targets, rising AUD could complicate economic...

Americas Roundup-Euro falls vs dollar as French election development weighs, gold falls under pressure from U.S. rate rise prospects, gold falls under pressure from U.S. rate rise prospects-March 7th, 2017

Mar 06, 2017 22:19 pm UTC| Market Roundups

Market Roundup US factory orders +1.2% v 1% forecast, 1.3% previous; rise for second straight month. US Durable goods ex-defence Jan 1.6% v 1.5% previous. US non-defense Cap ex-air -0.1% v -0.4% previous. ...

Europe Roundup: Euro eases on France presidential election concerns, sterling hits 7-week low versus euro, European shares trade in red - Monday, March 6th, 2017

Mar 06, 2017 12:17 pm UTC| Market Roundups

Market Roundup EUR/USD -0.3%, USD/JPY -0.3%, GBP/USD -0.3%, DXY +0.05% DAX -0.5%, CAC -0.5%, FTSE -0.4%, Brent -0.5%, Gold -0.2%, Copper -0.9% EUR/CHF rises to 1.0722, its highest since Jan 26 EUR dips...

Asia Roundup: Antipodeans near multi-week lows, North Korea's missile test triggers risk-off sentiment, Asian shares ease amid geopolitical tensions - Monday, March 6th, 2017

Mar 06, 2017 06:29 am UTC| Market Roundups

Market Roundup CFTC IMM CTA data - Specs cut net long USD positions to smallest since early October 16, GBP shorts up however, CHF too, CAD and AUD longs up. Trump accuses Obama of plot to wiretap Trump Tower...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

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...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

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...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

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...

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

NVIDIA & AMD Secure TSMC’s CoWoS Supply Through 2025 Amid AI Boom

In a significant move underscoring the fierce competition in the AI sector, AMD and NVIDIA have reportedly locked in all of TSMCs Chip-on-Wafer-on-Substrate (CoWoS) manufacturing capacity for the next two years. This...

USDh Launches as First Bitcoin-Backed Dollar Offering 25% Yield

In a groundbreaking development in Bitcoin-native decentralized finance (DeFi), Hermetica has announced the launch of USDh, the first synthetic dollar backed by Bitcoin with a promising yield of up to 25%. Set to debut in...

Huawei's Mate 70 Series to Run on Kirin 9100 Chip: AnTuTu Scores Equal Snapdragon 8 Gen 1

Rumors swirl around Huaweis upcoming Mate 70 flagship series, hinting at a groundbreaking inclusion: the Kirin 9100 chipset. Initial performance figures suggest the chip matches Qualcomms Snapdragon 8 Gen 1, setting the...

Kraken's Bold Move: Expanding into Germany with DLT Finance Partnership

Cryptocurrency giant Kraken makes waves with its strategic decision to launch operations in Germany, a pivotal move in its broader European expansion plan. Teaming up with DLT Finance, a regulated financial institution,...

Macron's France Targets Fourfold Increase in EV Sales by 2027; Welcomes BYD Factory Plans

France has announced plans to quadruple EV sales by 2027. The agreement, enhancing Frances position against global competitors, aligns with a state visit from China, spotlighting potential collaborations with major...