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Australian bond yields climb tracking U.S. peer on improvement in risk sentiments after trade talks resume

Mar 29, 2019 03:27 am UTC| Commentary Economy

Australian government bond yields during Asian trading session Friday tracking a similar movement in the United States counterpart as investors moved towards riskier assets after trade talks resumed between the U.S. and...

NZ business confidence fell again in March, reversing most of the improvement seen towards end of last year

Mar 28, 2019 10:02 am UTC| Commentary Economy

New Zealands business confidence fell again in March, reversing most of the improvement that was seen towards the end of last year. Sentiment about the general economy fell to a net -38 percent, while firms views of their...

RBNZ likely to cut OCR by 25bp in August with follow-up moves in November and February, says ANZ Research

Mar 28, 2019 09:10 am UTC| Commentary Central Banks Economy

The Reserve Bank of New Zealand (RBNZ) is expected to cut the Overnight Cash Rate (OCR) 25 basis points in August with follow-up moves in November and February, according to the latest report from ANZ Research. ANZ...

India’s current account deficit likely to narrow to below 2.0 pct of GDP in second half of FY19, says DBS Economics

Mar 28, 2019 07:57 am UTC| Commentary Economy

Indias current account deficit is expected to narrow to below 2.0 percent of the gross domestic product (GDP) in the second half of FY19, taking full year CAD to -2.3 percent, while FY20s deficit is seen at a manageable...

JGBs hop tracking global debt market rally as investors remain cautious on economic distress; eyes on February IP, retail sales data

Mar 28, 2019 06:16 am UTC| Commentary Economy

The Japanese government bonds closed higher Thursday tracking a rally in the global debt market as investors mounted among investors that an economic slowdown is nearing, especially after late last week U.S. 3-month...

Australian 10-year bond yield dips to new low as market sentiments dampened by ongoing global growth worries

Mar 28, 2019 04:13 am UTC| Commentary Economy

Australian government bonds rallied during Asian trading session Thursday as investors moved towards safe-haven buying as markets risk sentiments dampened due to ongoing global growth worries. Also, fear that the partly...

U.S. Treasury yields slump as investors continue to sweat over global economic growth concerns

Mar 27, 2019 11:51 am UTC| Commentary Economy

The U.S. Treasury yields slumped during afternoon session Wednesday, as investors still fretted about the possibility of a near-term global economic slowdown , especially after last Friday, the yield curve between the...

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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...

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

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...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US student Gaza protests: five things that have been missed

Coverage of the recent student encampments at more than 50 universities across the United States has focused on confrontations between opposing groups of protesters or between protesters and police. The spectacle of...

Will Solomon Islands’ new leader stay close to China?

Former foreign minister Jeremiah Manele has been elected the next prime minister of Solomon Islands, defeating the opposition leader, Matthew Wale, in a vote in parliament. The result is a mixed bag for former prime...

Science

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...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Altcoin Market Poised for Rally, Analysts Watch Three Key Indicators

Even though the cryptocurrency market cap has fallen about 20% in the last month, traders remain optimistic, anticipating an explosive rally period ahead. Altcoin Market at Disbelief Stage, Poised for Potential...

Shiba Inu (SHIB) Now Accepted by Airbnb, Nike, and NFT Markets Globally

In a significant expansion of its utility, Shiba Inu (SHIB) is now accepted for payments at major brands like Airbnb and Nike, as well as numerous NFT marketplaces worldwide. This follows integrations with Polygon and...

Bitcoin's 2016 Echo Rings True; Traders Forecast $350K Peak

Mirroring its 2016 performance, Bitcoin may be on the verge of a significant rally, with predictions reaching as high as $350,000, according to leading crypto traders. This comes after a similar trajectory post-halving...

South Korea Commits $7 Billion to Boost Semiconductor Industry

South Koreas government, under Finance Minister Choi Sang-mok, announced a robust $7 billion support package aimed at propelling the country to the forefront of the global semiconductor industry. Detailing the $7...

Sam Altman Denies New Search Engine; OpenAI Rumored for Voice AI Launch

In a surprising twist, OpenAI CEO Sam Altman refuted ongoing news about a new search engine; instead, rumors hint at a groundbreaking AI update integrating voice and visual recognition, which is set to be unveiled this...