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VET needs support to rebuild its role in getting disadvantaged groups into education and work

Oct 09, 2018 13:09 pm UTC| Insights & Views Economy

This article is part of a series on the Future of VET exploring issues within the sector and how to overcome the decline in enrolments and shortages of qualified people in vocational jobs. Read the other articles in the...

Paul Romer and William Nordhaus – why they won the 2018 'economics Nobel'

Oct 09, 2018 13:01 pm UTC| Insights & Views Economy

William Nordhaus and Paul Romer have been awarded the 2018 Sveriges Riksbank Prize in Economic Sciences (colloquially known as the economics Nobel). Both are macroeconomists dealing with long-run dynamics big questions of...

Cryptocurrency Brief: Altcoins face downward pressure, U.S. SEC to announce Bitcoin-ETF decision on Oct 26, Binance to conduct regular reviews of digital coins – Tuesday, October 9th, 2018

Oct 09, 2018 11:46 am UTC| Commentary Economy Digital Currency Market Roundups

BTC/USD: Bitcoin prices continued to remain range-bound during late European session Tuesday, amid lack of any market-moving news that gathered investors attention. At the time of writing, BTC/USD traded 0.23 percent lower...

U.S. Treasuries mixed ahead of 10-year auction, host of FOMC members’ speeches

Oct 09, 2018 10:55 am UTC| Commentary Economy

The U.S. Treasuries traded mixed Tuesday ahead of FOMC member Evanss speech, scheduled to be held today by 14:00GMT. Also, members Williams and Bostic are due to deliver their speeches on October 10, besides the 10-year...

UK gilts slump as investors await August manufacturing production, trade balance data

Oct 09, 2018 10:01 am UTC| Commentary Economy

The United Kingdoms gilts slumped during Tuesdays afternoon session a investors await the countrys manufacturing production for the month of August and trade balance data, scheduled to be released on October 10 by 08:30GMT...

German bunds suffer after August trade balance cheers investors; 10-year auction in focus

Oct 09, 2018 09:11 am UTC| Commentary Economy

The German bunds suffered during European session Tuesday after the countrys trade balance for the month of August cheered market participants ahead of the 10-year auction, scheduled to be held on October 10 by...

Australia’s business conditions nudge higher in September, strongest since global financial crisis

Oct 09, 2018 06:38 am UTC| Commentary Economy

Australias business conditions nudged higher during the month of September, rising slightly to 14.8 from 14.0. Conditions remain below the peak seen through 2017-18, but are otherwise the strongest since the Global...

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Economy

Russia Condemns U.S. Sanctions as Cuba Faces Critical Fuel Crisis

Russia has warned that Cubas fuel situation has reached a critical point, blaming intensified U.S. sanctions for deepening the islands economic crisis and pledging continued solidarity with Havana and Caracas. Moscow also...

U.S. Stock Futures Steady as Investors Await Key Jobs and Inflation Data

U.S. stock futures were little changed on Monday evening as investors grew cautious ahead of key economic data releases later this week, following a mostly positive close on Wall Street. Futures tied to the SP 500 slipped...

Gold Prices Slip in Asian Trade as Markets Await Key U.S. Economic Data

Gold prices declined in early Asian trading on Tuesday, pulling back from strong gains seen in the previous session, as investors remained cautious ahead of a series of important U.S. economic indicators due later this...

Oil Prices Dip as Hormuz Tensions, Iran Talks, and Russia Sanctions Shape Market Outlook

Global oil prices edged lower on Tuesday as investors weighed geopolitical risks in the Middle East against ongoing diplomatic efforts and fresh developments in global energy trade. Brent crude futures slipped 25 cents, or...

Asian Stocks Rise as Japan Rally, AI Optimism and Fed Outlook Shape Markets

Asian stocks extended gains for a second straight session in early Tuesday trading, led by a powerful rally in Japan following Prime Minister Sanae Takaichis decisive election victory over the weekend. The result boosted...

Politics

Hong Kong Leader Defends 20-Year Sentence for Jimmy Lai

Hong Kong Chief Executive John Lee said on Tuesday that media tycoon and prominent democracy campaigner Jimmy Lai deserved the 20-year prison sentence imposed by a court earlier this week, arguing that the punishment...

Trump Administration Plans Chip Tariff Exemptions for Big Tech Amid AI Data Center Push

The administration of U.S. President Donald Trump is reportedly planning to exempt major technology companies such as Amazon, Google, and Microsoft from upcoming tariffs on semiconductor chips, a move aimed at supporting...

U.S. Appeals Court Allows Trump Administration to End TPS for Honduras, Nepal, Nicaragua Migrants

A U.S. appeals court in California on Monday temporarily lifted a federal judges order that had blocked the Trump administration from ending Temporary Protected Status (TPS) for nearly 89,000 migrants from Honduras, Nepal...

Trump Threatens to Block Gordie Howe Bridge, Escalating U.S.-Canada Trade Tensions

U.S. President Donald Trump has threatened to prevent the opening of the $4.6 billion Gordie Howe International Bridge linking Detroit, Michigan, and Windsor, Ontario, escalating an already tense trade dispute between the...

Australian Leaders Call for Calm After Sydney Protests Turn Violent

Australian political leaders have urged calm and called for peaceful demonstrations after protests opposing Israeli President Isaac Herzogs visit to Australia escalated into violent clashes with police in central Sydney....

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Salesforce Workforce Reduction Affects Fewer Than 1,000 Roles Amid Ongoing Restructuring

Salesforce has reportedly reduced its workforce by fewer than 1,000 employees earlier this month, according to a Business Insider report published on Monday. The report cited a person familiar with the matter, though...

Alphabet Plans Rare 100-Year Sterling Bond to Fund AI Expansion

Alphabet is preparing to issue a rare 100-year sterling bond as part of a broader multi-currency debt offering, marking a notable move to expand its long-term borrowing strategy to support growing investments in artificial...

Amazon Explores AI Content Marketplace With Media Publishers

Amazon (NASDAQ: AMZN) is reportedly in discussions with media publishers about launching a new artificial intelligence content marketplace designed to connect news organizations and digital content creators with companies...

Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible

Taiwan has firmly rejected calls from the United States to relocate a large portion of its semiconductor manufacturing capacity, with senior officials stressing that the islands chip industry cannot be uprooted. Taiwan...

Samsung Electronics Shares Jump on HBM4 Mass Production Report

Samsung Electronics shares surged on Monday following reports that the South Korean tech giant is set to begin mass production of its next-generation HBM4 memory chips, a key component in artificial intelligence hardware....