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Europe Roundup: Sterling declines on BoE easing expectations, crude oil prices slump below $42 a barrel mark, investors eye BoJ meeting decision - Thursday, July 28th, 2016

Jul 28, 2016 12:12 pm UTC| Market Roundups

Market Roundup GBP/USD -0.45%, USD/JPY -0.64%, EUR/USD +0.25% Dollar falls against yen as BOJ easing expectations pared Chinas yuan rises to three-week high as Fed sends dollar lower Euro zone Jul...

Asia Roundup: Yen gains on BoJ easing expectations, crude oil prices near 3-month low, Fed's positive assessment of U.S. economy boosts Asian shares - Thursday, July 28th, 2016

Jul 28, 2016 06:35 am UTC| Market Roundups

Market Roundup Japan EconMin Ishihara urges BoJ to help support growth - Reuters. Ex-BoJ ChiefEcon Hayakawa Eyes BoJ ease, for flexible CPI goal MNI. MoF flow data week-ended July 23 Japanese buy net...

Americas Roundup: Dollar weakens against euro after Fed keeps rates unchanged, oil down 3 pct after surprise U.S. crude, and gasoline builds-July 28th, 2016

Jul 27, 2016 22:16 pm UTC| Market Roundups

Market Roundup Fed: keeps rates unchanged (9-1, George lone dissenter), says risks to outlook reduced, will continue to assess international events in determining when to raise rates. Fed: expects econ conditions...

Europe Roundup: Sterling slumps below 1.3100 handle despite better-than-expected GDP report, oil prices decline on oversupply worries, markets await Fed policy decision and Yellen presser - Wednesday, July 27th, 2016

Jul 27, 2016 12:25 pm UTC| Market Roundups

Market Roundup GBP/USD -0.24%, USD/JPY +0.79%, EUR/USD +0.09% China stock wobble FOMC risk underpin USD Chinas yuan firms on stronger midpoint, more gains expected Japan PM Abe to announce details of...

Asia Roundup: Dollar gains on BoJ easing and fiscal stimulus expectations, Aussie declines following soft inflation report, investors cautious ahead of Fed policy outcome - Wednesday, July 27th, 2016

Jul 27, 2016 06:45 am UTC| Market Roundups

Market Roundup Japan PM Abe to announce details of stimulus package today, to amount to Y27 trln Fuji TV. Japan considering issuing 50-year bonds as part of stimulus package, MoF denies report Wall St Journal,...

Americas Roundup: Dollar firm against euro as Fed meeting begins, Wall Street mixed, U.S. crude hits 3-month low-July 27th, 2016

Jul 26, 2016 23:13 pm UTC| Market Roundups

Market Roundup Fed seen holding rates steady as inflation watch continues. U.S. consumer confidence steady; new home sales near 8-1/2-year high. U.S. Markit flash July services PMI 50.9 vs expectation 52.0,...

Europe Roundup: Sterling recovers after declining on Weale's dovish comments, oil price hits 2-1/2 month low, European shares edge down - Tuesday, July 26th, 2016

Jul 26, 2016 12:28 pm UTC| Market Roundups

Market Roundup GBP/USD -0.0011%, USD/JPY -1.4%, EUR/USD +0.11% Yen surges, oil dips with eyes on central banks Japan to double fiscal stimulus to Y6tn Nikkei Japans Fin Min Aso welcomes G20 support...

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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

Australia Set to Unveil Spot Bitcoin ETFs, $4 Billion Inflows Projected

Australias top exchange, the ASX, is poised to approve its first spot in Bitcoin ETFs. This could potentially unlock $3 to $4 billion in initial inflows over the next three years, bolstering the countrys robust crypto...

Tesla Cybertruck Triumphs in Off-Road Challenge, Reveals Enhanced Features

Teslas Cybertruck recently demonstrated its superior off-road capabilities in a video featuring new adjustments for pitch and angle to boost its performance on challenging terrains. Cybertruck Outperforms in Rigorous...

China Beat South Korea in OLED Panel Shipments for Small Gadgets

China reportedly defeated South Korea in the shipment of organic light-emitting display panels, or OLED, for IT gadgets. The Chinese makers outdid Korea for the first time in the first quarter of 2024. New Records for...

LG Uplus, Kakao Mobility EV Charging Joint Venture Approved by the FTC

LG Uplus and Kakao Mobilitys joint venture to operate electric vehicle charging stations has been approved by the Fair Trade Commission. The antitrust regulator approved the JV on Monday, April 29. FTCs Crucial...

KT Innovates Media, Content Business Through AI

KT Group is transforming its media and content business through artificial intelligence (AI). The company is innovating the mentioned units as part of its acceleration strategy. According to Yonhap News Agency, KT said...