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Wed, Jun 26, 2024 10:39 AM All times are UTC

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WTI, Brent Crude Oil at multi-year lows on china fears

Aug 24, 2015 09:55 am UTC| Commentary

China worries hit the market again on Monday and added to the already bearish sentiment due to oversupply, leading oil prices to over six-year lows. Both oil benchmarks suffered from worries on the market related to China,...

Euro area monetary dynamics to soften in July

Aug 24, 2015 07:57 am UTC| Commentary

Significant improvements have been seen in monetary and credit dynamics in Euroarea since the ECB adopted an accommodating stance back in June (rate cuts, TLTRO, QE). Indeed, M3 money supply growth recovered from a...

Singapore core inches higher even as headline falls

Aug 24, 2015 07:43 am UTC| Commentary

July headline inflation of Singapore came in at -0.4% y/y (Jun: -0.3; May: -0.4%). The small drop in headline inflation was driven by lower CoE prices and a deepening drag in the rental market. Core, on the other hand,...

Fed’s September decision is little reason for USD weakness

Aug 24, 2015 07:26 am UTC| Commentary

In view of the successes of the US economy and the strong labour market in the US the fundamental factors continue to support the US dollar. However, the USD too was under attack today as a result of the risk-off...

EUR-USD at 1.15 – What will ECB think about that?

Aug 24, 2015 07:21 am UTC| Commentary

The 1.15 in EUR-USD was not breached for the time being. Nonetheless the euro is the main benefactor of the uncertainty on the FX market. The current EUR strength could soon become an issue: speeches by no less than three...

Chinese Yuan to weaken on PBoC’s “policy dilemma”

Aug 24, 2015 07:17 am UTC| Commentary

PBoC set USD-CNY fixing rate at 6.3862 this morning, compared with last closing of 6.3889. While Chinas central bank intends to stabilize the CNY spot rates, a strong selling CNH flows in the offshore market is seen due to...

Indian rupee under pressure

Aug 24, 2015 07:11 am UTC| Commentary

Indias next significant release will be Q2 GDP the following Monday on 31 August. Given continued weak export growth and modest production,a growth ease back from Q1s 7.5% y/y is expected, says Commerzbank. Finance...

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Economy

Space arms race may be underway

As conflict rages on Earth, an arms race may be underway in outer space. On May 30, a US diplomat warned that Russia had launched a weapon into orbit, something Russias deputy foreign minister, Sergey Ryabkov, branded as...

Mauritius’ next growth phase: a new plan is needed as the tax haven era fades

Mauritians will head to the polls by November 2024 and politicians are considering the economic direction of the island country. For the last two decades, the countrys economic growth has depended heavily on its...

Canadians are feeling increasingly powerless amid economic struggles and rising inequality

If you feel like youre being pushed around in life, youre not alone. Our recent research has found that Canadians are increasingly feeling a sense of powerlessness in their lives. This sentiment has been steadily...

Myth: How the US manipulates global markets for economic supremacy

US president, Joe Biden, raised tariffs on Chinese-made goods sharply in May, claiming that the Chinese government has cheated by pouring money into Chinese companies … hurting competitors who play by the rules. The...

The world no longer needs fossil fuels – and the UK could lead the way in making them taboo

North Sea oil and gas has become a battleground issue in the UK general election. The Labour partys manifesto promises an end to issuing new licenses for finding oil and gas. The Conservative party meanwhile proposes a...

Politics

Microsoft-G42 Deal Forces Huawei Exit, White House Hails Move

The White House praised Microsofts $1.5 billion investment in G42, emphasizing the positive impact of ending relations with Huawei on AI security. White House Sees Positive Shift in UAE Tech Alliances According to...

Three ways politicians always promise to raise money without increasing taxes – and why they rarely deliver

After weeks of controversy over Labour and Conservative costings in which each side accused the other of dishonesty the manifestos show that both parties had wildly exaggerated their rivals plans. But there has been...

Election 2024: migrants aren’t to blame for Britain’s housing crisis

Migration has become the most toxic issue in British politics, driving intensely emotional debates that are often based on prejudice and misunderstanding. Similarly emotional is housing a finite resource in high demand at...

How Vladimir Putin projects his image as a modern-day Peter the Great

Russian energy giant Gazprom is reported to have been hit particularly hard by sanctions imposed as a result of the war with Ukraine. An internal report obtained and published by the Financial Times has forecast that the...

Another election, another round of Nigel Farage hype, with no lessons learned

Nigel Farage, a man who has never been elected to the House of Commons despite years of trying, has again been allowed to set the agenda in the UK. Ten years after Ukip won the European parliament elections, throwing...

Science

Nations realise they need to take risks or lose the race to the Moon

The Nasa-led Artemis-3 mission will place the first human boots on the surface of the Moon since Apollo 17s Gene Cernan and Harrison Schmitt left the lunar surface in December 1972. The goal of the Artemis programme is...

Eye exercises to improve sight – is there any science behind them? An ophthalmologist explains why you shouldn’t buy the hype

You may have seen advertisements claiming to eliminate the need for eyeglasses through vision therapy or vision training basically, eye exercises. These exercises include putting pressure on or palming the eye; eye...

The universe’s biggest explosions made some of the elements we are composed of. But there’s another mystery source out there

After its birth in the Big Bang, the universe consisted mainly of hydrogen and a few helium atoms. These are the lightest elements in the periodic table. More-or-less all elements heavier than helium were produced in the...

Engineering cells to broadcast their behavior can help scientists study their inner workings

Waves are ubiquitous in nature and technology. Whether its the rise and fall of ocean tides or the swinging of a clocks pendulum, the predictable rhythms of waves create a signal that is easy to track and distinguish from...

If an asteroid hit Earth and all the humans died, would the dinosaurs come back?

Many, many years ago dinosaurs roamed the Earth. Six-year-old Aga knows that a meteorite wiped them out… but could another meteorite bring them back? You can read a print version of this story...

Technology

Why Shiba Inu Price is Surging Today: Key Factors Behind the Rally

The price of Shiba Inu Coin surged by nearly 3% today, reflecting a significant rally in the cryptocurrency market. In line with the general upturn in the cryptocurrency market, the price of Shiba Inu Coin surged by...

2024's Most Profitable Crypto Sectors: Memecoins and Tokenization Dominate

Data from BitEye, CoinGecko, and Wu Blockchain reveal that memecoins led the crypto market with a 1,834% return in the first half of 2024. Memecoins: Leading the Crypto Pack Per Cointelegraph, memecoins have...

Tesla Model 3 Lease Costs Less Than New Toyota Camry Lease

Teslas latest lease offer makes the 2024 Model 3 more affordable than the redesigned Toyota Camry. Leasing the base Model 3 Standard Range RWD costs $299 monthly, significantly lower than the Camrys lease rate, making it a...

Blast Network's June 26 Airdrop: Early Users to Get 17% Token Allocation

Blast network, an Ethereum layer-2 solution, will commence its airdrop on June 26, distributing 17% of the token supply to early users. Early Users Set to Benefit from Blasts Airdrop The Ethereum layer-2 Blast...

Shiba Inu Whale Moves Trillions of SHIB to Binance Amid Market Volatility

While the rest of the cryptocurrency market experienced tremendous volatility over the past few days, Shiba Inu experienced the same. The meme currency is currently selling at about $0.00001734, a decrease of 3.6% over...