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Sat, May 18, 2024 06:26 PM All times are UTC

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Asia Roundup: Dollar rallies against commodity currencies as Oil price nears 11-year low; Asian Markets subdued - Thursday, December 31st, 2015

Dec 31, 2015 06:53 am UTC| Market Roundups

Market Roundup Australia Private Sector Credit for Nov plus 0.4% (plus 0.6% expected) Australia Housing Credit for Nov plus 0.6% Singapore November Bank Lending S$603.9 Bln-Central Bank Data Singapore November...

Americas Roundup: Dollar gains against commodity currencies on oil weakness, US shares decline -December 31st,2015

Dec 30, 2015 23:33 pm UTC| Market Roundups

Market Roundup US November pending home sales fall 0.9 percent, Northeast West fall most. US weekly crude stocks rise +2.63mio vs 2.5mio forecast -EIA. USD share of global FX reserves edges up to 64 percent-IMF...

Europe Roundup: Dollar edges lower against euro and yen, global shares lower on oil price slump- Wednesday, December 30th, 2015

Dec 30, 2015 12:26 pm UTC| Market Roundups

Market Roundup Dalian iron ore futures jumped as much as 4% on Wed, closed up 2.9%. Brent down 1.8%, Light Crude Feb off 2.5%. Canadian, Australian dollars dip as oil falls. EUR/USD plays a tight 1.0943-1.0919...

Asia Roundup: Antipodeans trim overnight gains; Dollar steadies against euro and yen on higher U.S Yields - Wednesday, December 30th, 2015

Dec 30, 2015 06:45 am UTC| Market Roundups

Market Roundup PBoC sets Yuan mid-point at 6.4895 / dlr vs last close PBoC temporarily suspends some forex business for several foreign banks until end of March - sources/Spot liquidation among forex services...

Americas Roundup: Dollar gains vs euro on risk appetite, oil gains 3 percent-December 30th, 2015

Dec 29, 2015 22:52 pm UTC| Market Roundups

Market Roundup U.S. home prices rise slightly in October, top forecast. U.S. advance Nov goods trade deficit rises slightly to USD 60.50 billion. Brazils House to decide on impeachment by end-March: speaker. Turkey...

Europe Roundup: Swedish Crown hits 9-month high vs. Euro, European Shares rise on stabilizing Oil- Tuesday, December 29th, 2015

Dec 29, 2015 12:17 pm UTC| Market Roundups

Market Roundup EUR/USD climbs out of 1.0960 hole to reach 1.0992 but good offers to 1.1000. USD/JPY offering up bullish techs but has to fight broadly softer USD. DXY little changed from Monday at 98.002. DAX...

Asia Roundup: Kiwi hits 2-month high against the dollar; Risk-off boosts Yen demand - Tuesday, December 29th, 2015

Dec 29, 2015 06:46 am UTC| Market Roundups

Market Roundup Thai Nov Manufacturing Output +0.1 pct on year (versus -2.0 pct in Reuters poll) - Industry Ministry PBoC sets yuan mid-point at 6.4864 / dlr vs last close 6.4880 China C. Bank sets yuan mid-point at a...

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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

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....

US Orthodontic Leader Accepts Shiba Inu, Embracing Cryptocurrency for Payments

Shiba Inu, the popular meme coin, is experiencing a period of growth and increased utility. Amoré Orthodontic Aligners, a company that specializes in orthodontic care, recently announced that it will now accept SHIB...

Crypto Lender Genesis to Return $3 Billion in Bankruptcy Wind-Down Amid Rising Creditor Haircuts

Crypto lender Genesis Global received court approval to return nearly $3 billion to customers, while a report highlights a significant increase in creditor haircuts in bankruptcy cases to 73% in FY24. Judge Approves...

Binance Enhances SHIB, USTC, AGIX Trading and Liquidity for Better Market Dynamics

Binance has announced efforts to enhance liquidity and trading for Shiba Inu (SHIB), USTC, and SingularityNET (AGIX), including tick size adjustments aimed at improving market dynamics and trading experience. Binances...

OpenAI Disbands Team Tackling AI Risks Amid Leadership Changes and GPT-4o Launch

OpenAI has dismantled its Superalignment team, initially formed to address AI risks, following the resignations of key leaders Ilya Sutskever and Jan Leike. OpenAI Disbands Superalignment Team Days After Leaders Resign,...