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Asia Roundup: Antipodeans supported by upbeat Chinese data, revised higher U.S. GDP boosts dollar, Asian shares tumble - Friday, September 30th, 2016

Sep 30, 2016 06:20 am UTC| Market Roundups

Market Roundup USA Today - Do not vote for demagogue Trump. FOMC Chair Yellen Fed purchases of stocks, corporate bonds could help in a downturn, especially if Fed reached limits in buying Treasuries ...

Americas Roundup-Dollar pares gains vs yen on concerns over Deutsche Bank, oil rises close to $50/bbl, and doubts on OPEC plan cap gains-September 30th, 2016

Sep 29, 2016 22:17 pm UTC| Market Roundups

Market Roundup Risk hit as Deutsche Bank dips 7%, traditional safe havens USTs, JPY CHF rise. US Q2 GDP growth revised up to +1.4%; Business investment up 1%, Cons spending revised lower. US jobless claims...

Europe Roundup: Sterling declines on BoE easing concerns, oil shares boost European shares after OPEC deal, investors eye U.S. GDP and Fed speeches - Thursday, September 29th, 2016

Sep 29, 2016 12:04 pm UTC| Market Roundups

Market Roundup EUR/NOK falls to 9.00 from 9.1145 Wed and 9.2410 week ago USD/JPY +0.70%, EUR/USD -0.01%, GBP/USD -0.23% DXY +0.17%, DAX +0.65%, Brent -0.75%, Iron +1.35% NOK/SEK backs away from a...

Asia Roundup: Antipodeans benefit from OPEC output cut, dollar rises 1 pct against yen on risk asset rally, Asian shares advance -Thursday, September 29th, 2016

Sep 29, 2016 06:22 am UTC| Market Roundups

Market Roundup OPEC agrees on oil output cut at Algiers meeting Financial Times. US Federal government shutdown averted after Congress passes spending bill - Washington Post. KC Fed George Wants slow but...

Americas Roundup: U.S. dollar edges higher as traders await clarity on Fed rate hike path, Oil soars 6 pct as OPEC reaches deal to limit output in Nov-September 29th, 2016

Sep 28, 2016 21:46 pm UTC| Market Roundups

Market Roundup U.S. Aug durable goods orders unchanged beats forecast -1.4%. OPEC reaches first deal to cut oil output since 2008 sources. Iran says OPEC reached consensus to manage market SHANA; Oil rises...

Europe Roundup: Sterling steadies above 1.3000 following BoE comments, dollar away from 1-month low, markets await speeches from Yellen and Draghi - Wednesday, 28th, 2016

Sep 28, 2016 11:58 am UTC| Market Roundups

Market Roundup USD/JPY +0.25%, EUR/USD +0.05%, GBP/USD -0.25% EUR/GBP dropped to 0.8589 early Europe but finds fresh bids DXY +0.06%, DAX +0.8%, Brent +0.5%, Iron +1.72% Germany leading econ inst revise...

Asia Roundup: Aussie hovers near 3-week peak, dollar extends gains on risk-on sentiment, crude oil dips as markets wary on disagreement among producers - Wednesday, September 28th, 2016

Sep 28, 2016 06:13 am UTC| Market Roundups

Market Roundup Japan PM Abe Government will work with BoJ to defeat deflation - Reuters. US TsySec Lew No Fed surprises for emerging markets Reuters. SF Fed Williams (non-voter) US economy can handle...

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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

Tesla Cybertruck Incident: Owner's Finger Injury Raises Safety Alarms

In a risky demonstration gone wrong, a Cybertruck owners attempt to prove its safety features backfired, resulting in a finger injury and stirring debates about the vehicles design and safety algorithms. Unexpected...

US Revokes Intel, Qualcomm Licenses Amidst Chip Sales Restrictions on Huawei

In a significant escalation of trade restrictions, the United States has revoked licenses from leading semiconductor manufacturers Intel Corp. and Qualcomm Inc., obstructing Huawei Technologies Co.s access to vital chip...

Binance CEO Discloses $150 Million Bribe Amidst Tensions with Nigerian Government

Binance, the renowned cryptocurrency exchange, disclosed that Nigerian government authorities demanded a staggering $150 million in bribes to quell legal actions against its executives, igniting a fierce dispute between...

Hong Kong Central Bank Leads Initiative to Explore Asset Tokenization Advancements

The Hong Kong Monetary Authority (HKMA) has spearheaded the formation of a specialized community to explore asset tokenization. Partnering with various industry players and regulators, this initiative seeks to drive...
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