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Wed, Jun 26, 2024 05:35 AM All times are UTC

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Thailand's tourism props up flatlining domestic demand

Jun 30, 2015 12:17 pm UTC| Commentary

The Bank of Thailands May economic report reveals that domestic demand continued to flatline, despite the BoTs back-to-back rate cuts in March and April. But this is being partly mitigated by a further pickup in tourism...

Korea MERS posing major impact, downside growth risks

Jun 30, 2015 11:02 am UTC| Commentary

In qoq terms, Korea GDP growth rose to 0.8% sa, helped by stronger fixed investment in construction, centered around residential properties."Growth forecast at 3.0% for 2015", says Bank of America.However, growing downside...

Korean KRW to continue to follow JPY

Jun 30, 2015 10:56 am UTC| Commentary

KRW will continue to track JPY closely. Given aggressive intervention by the BoK in the last few months and the increase in rhetoric to safeguard exports from the weakening yen, the 9.00 level in JPY/KRW moght not be...

Indonesia IDR apprehension

Jun 30, 2015 10:51 am UTC| Commentary

There is mounting market apprehension that the ongoing IDR weakness may be protracted. The IDR outlook for 2015 remains lackluster due to tepid economic recovery and a stronger dollar.The factors supportive of IDR include...

Indonesia's Q2 to be softer

Jun 30, 2015 10:34 am UTC| Commentary

Indonesias High frequency indicators suggest limited pickup in activity. Loan growth continues to ease, led by a slowdown in investment and working capital loans.Weak exports will also continue to weigh on growth. However,...

INR: growth bottoming out very slowly

Jun 30, 2015 09:59 am UTC| Commentary

FY15 GDP growth, however, was driven by an 18.9% jump in net taxes. More importantly, GVA growth slowed to 6.1% from 6.8% in December.GVA slowdown was led by a contraction in agriculture and services, despite a pick-up in...

CNY: growth stabilizing

Jun 30, 2015 09:50 am UTC| Commentary

Industrial production growth edged up and retail sales growth improved slightly in May on better car and fuel sales. Fixed asset investment growth improved, helped by small rebounds in real estate and manufacturing FAI...

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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

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...

Shiba Inu Team Hints at Major Developments: 'Future Is Bright,' Lucie Says

On behalf of the Shiba Inu team, the official marketing head, Lucie, has sent out a tweet in which she provides a hint about the development currently taking place behind the scenes. Although she did not disclose any...

VanEck Submits Form 8-A for Spot Ethereum ETF, Anticipates SEC Approval Soon

VanEck, a leading crypto asset management firm, has filed Form 8-A for its spot Ethereum ETF, moving closer to potential SEC approval and market debut. VanEcks Form 8-A Filing Advances Spot Ethereum ETF, Awaiting SECs...