Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Economy

Sun, May 19, 2024 05:31 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

JGBs tad lower ahead of September trade balance data, national core CPI

Oct 16, 2018 06:13 am UTC| Commentary Economy

The Japanese government bonds remained tad lower Tuesday ahead of the countrys trade balance data for the month of September, due to be released on October 17 by 23:50GMT and national core consumer price inflation (CPI),...

Australian bonds slump after RBA’s October meeting minutes signal next move to be rate hike; September employment report in focus

Oct 16, 2018 03:55 am UTC| Commentary Economy

Australian government bonds slumped across the curve during Asian session Tuesday after the Reserve Bank of Australia (RBA) reiterated that the next interest rate move will be a hike, in its October monetary policy meeting...

Cryptocurrency Brief: Bitcoin surges over 10 pct in 24 hours following massive Tether sell-off, Hong Kong SFC to introduce crypto regulations to protect investors – Monday, October 15th, 2018

Oct 15, 2018 11:50 am UTC| Commentary Economy Digital Currency Market Roundups

BTC/USD: Bitcoin prices jumped across the board during late European session Monday, hitting a 2-1/2-month high, with market participants believing that a massive sell-off in Tether (USDT) has forced investors to buy...

U.S. Treasuries suffer on hopes of rise in September retail sales data; FOMC speeches eyed through the week

Oct 15, 2018 11:03 am UTC| Commentary Economy

The U.S. Treasuries suffered during late afternoon session Monday as investors wait to see a pick-up in the countrys retail sales for the month of September, scheduled to be released today by 12:30GMT. However, a host of...

German bunds gain ahead of October ZEW economic sentiment index, September Eurozone CPI

Oct 15, 2018 09:44 am UTC| Commentary Economy

The German bunds gained during European session Monday as investors wait to watch the countrys ZEW economic sentiment index for the month of October, scheduled to be released on October 16 by 09:00GMT and the eurozones...

Scotiabank maintains cautious stance on INR exchange rate ahead of upcoming state assembly elections

Oct 15, 2018 07:44 am UTC| Commentary Economy

Scotiabank, in its latest research report, maintained a cautious stance over the INR exchange rate ahead of the upcoming state assembly elections and would like to buy USD/INR on dips to the 73 support. The nations...

New Zealand bonds close higher ahead of Q3 CPI, GlobalDairyTrade price auction

Oct 15, 2018 06:51 am UTC| Commentary Economy

The New Zealand bonds closed higher at the start of the trading week Monday ahead of the countrys consumer price inflation (CPI) data for the third quarter of this year and GlobalDairyTrade (GDT) price auction, scheduled...

1671 1672 1673 1674 1675 1676 1677 1678 1679 1680

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

AI 'Godfather' Warns of Job Displacement, Advocates for Universal Basic Income

Renowned AI godfather Geoffrey Hinton warns of significant job losses due to AI, urging governments to adopt universal basic income as a countermeasure. Hinton Advocates for Universal Basic Income According to...

Shiba Inu: Top Analyst Identifies Coin as 'Potential Gold Mine'; Price Analysis Suggests 35% Upside

Top analyst Davie Satoshi sees Shiba Inu (SHIB) as a potential gold mine; price analysis predicts a 35% upside. Key Pattern in SHIBs Price Chart The Shiba Inu (SHIB) memecoin has caught the eye of many analysts....

Tesla Cybertruck Powers Houston Gas Station, Elon Musk Reacts to Saudi Prince’s Photo

A TikTok video showed a Tesla Cybertruck powering a Houston gas station after a tornado, while Elon Musk responded to a photo of a Saudi prince with a Cybertruck. Cybertrucks Real-World Test Connecting to a Tesla...

Shanghai's Data Policy Shift Could Propel Tesla's Local Data Center Efforts

Shanghais new data-export policy could accelerate Teslas plans to build a local data center, enhancing its artificial intelligence (AI) development for autonomous driving. Chinas Regulatory Update As China attempts...

CPI Report Spurs Optimism, BlackRock CIO Forecasts Fixed Income Growth

The release of the U.S. The Consumer Price Index (CPI) report provided a wave of relief to the financial markets. This signaled a possible reduction in inflationary pressures. Rick Rieder, Chief Investment Officer of...