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Sat, May 18, 2024 10:01 PM All times are UTC

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Asia Roundup: Dollar lower against the euro and yen; Asian shares volatile on Chinese economy concerns - Tuesday, January 12th, 2016

Jan 12, 2016 06:41 am UTC| Market Roundups

Market Roundup Japan Dec Consumer Confidence Index at 42.7 Vs Previous 42.6 China December Vehicle Sales +16.9 Pct Yr/Yr - China Passenger Car Association China 2015 Vehicle Sales +8.5 Pct Yr/Yr - China Passenger Car...

Americas Roundup:Euro declines against US dollar as market sentiment improves, Oil dives to 12-year low-January 12th, 2016

Jan 11, 2016 22:53 pm UTC| Market Roundups

Market Roundup Feds Lockhart: Econ strong enough to justify more hikes, global risks are chief concern for US economy, if China turmoil other volatility last too long may force Fed to revise views on direction of US...

Europe Roundup: World stocks slide on Asia rout, dollar gains; Sterling recovers from 5-1/2 year low - Monday, January 11th, 2016

Jan 11, 2016 12:10 pm UTC| Market Roundups

Market Roundup Yuan firmed Monday after Central Bank set daily midpoint rate higher at 6.5626 per dollar. Yuan gains 1% offshore, biggest one-day rise in 4-months, to 1-week high of 6.6170. Yen eases after PBOC...

Asia Roundup: Firm yuan fails to boost Asia FX, Antipodeans continue to hit multi-week lows - Monday, January 11th, 2016

Jan 11, 2016 06:46 am UTC| Market Roundups

Market Roundup Malaysias Nov Factory Output up 1.8 pct from year ago versus Reuters Poll 4.0 pct Australia Dec overall job ads -0.1 pct mth/mth, s/ADJ - ANZ Australia Dec internet job ads -0.1 pct mth/mth, s/adj -...

Americas Roundup: US dollar rises after US jobs data, gold falls from 9-week high, US shares decline further-January 9th, 2016

Jan 08, 2016 23:37 pm UTC| Market Roundups

Market Roundup U.S. Dec nonfarm payrolls rise by 292k vs consensus 200k, prior months revised +50k. U-6 underemployment rate steady at 9.9%, avg hourly earnings steady at 0.2% despite employment gains. Weak U.S....

Europe Roundup: Dollar gains vs Euro and Yen, World stocks post first rise in 7 sessions, Oil recovers - Friday, January 8th, 2016

Jan 08, 2016 12:10 pm UTC| Market Roundups

Market Roundup Euro lower after Yuan stabilises, ahead of NFP, plays in between 1.0934 - 1.0874 levels. USD/CNH steady at 6.6845 +0.04%: 915-point spread CNH-CNY. USD/JPY range is 117.40-118.59. Below Thursday...

Asia Roundup: Yen sags, Antipodeans break 4-day losing streak after PBoC guides rate up for first time in 9 days - Friday, January 8th, 2016

Jan 08, 2016 06:57 am UTC| Market Roundups

Market Roudup S.Africas Forward Position at $1.424 Bln End-December Vs $2.106 Bln in November - Cbank S.Africas Foreign Currency Reserves Rise By $595 Mln To $39.026 Bln in December - Cbank S.Africa Gross Reserves At...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

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...

Technology

Tesla Cybertruck Powers Houston Gas Station, Elon Musk Reacts to Saudi Prince’s Photo

A TikTok video showed a Tesla Cybertruck powering a Houston gas station after a tornado, while Elon Musk responded to a photo of a Saudi prince with a Cybertruck. Cybertrucks Real-World Test Connecting to a Tesla...

Shanghai's Data Policy Shift Could Propel Tesla's Local Data Center Efforts

Shanghais new data-export policy could accelerate Teslas plans to build a local data center, enhancing its artificial intelligence (AI) development for autonomous driving. Chinas Regulatory Update As China attempts...

CPI Report Spurs Optimism, BlackRock CIO Forecasts Fixed Income Growth

The release of the U.S. The Consumer Price Index (CPI) report provided a wave of relief to the financial markets. This signaled a possible reduction in inflationary pressures. Rick Rieder, Chief Investment Officer of...

Over 50 Million USDT Blacklisted by Tether Amid Regulatory Scrutiny, Details Inside

Tether has blacklisted five wallets holding 54.1 million USDT, amidst increasing regulatory scrutiny and past enforcement actions. Tether Blacklists Five Wallets Holding 54.1 Million USDT Amid Ongoing Regulatory...

Altcoins Expected to Yield 2x-5x Gains by May End: Fetch.AI, Floki, AAVE, ENA

The latest climb in Bitcoins price beyond $65,000 on Wednesday sparked a new relief rally in the cryptocurrency market. Top altcoins are also profiting from the upward momentum, recovering from recent downturn tendencies....