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Japan household spending slides for the eight straight month in October

Nov 29, 2016 06:18 am UTC| Commentary Economy

Household spending in Japan slid for the eight straight month during October, following poor weather amid weak consumer demand in the already-ailing economy. Also, poor wages restricted individuals to shop, given that...

Fall in Japan’s retail sales eases in October, better than market expectations

Nov 29, 2016 05:20 am UTC| Commentary Economy

Retail sales in Japan fell during the month of October, albeit at a much slower pace, compared to the previous month, in a sign that the economy has started the last quarter of the year on a considerable footing. However,...

FxWirePro: The Day Ahead- 29th November, 2016

Nov 29, 2016 05:11 am UTC| Commentary Economy Central Banks

Lots of economic dockets and events scheduled for today and all with low to medium volatility risks associated. Upcoming: Germany: Import price index for October will be released at 7:00 GMT. HICP inflation...

Domestic violence also has an economic penalty – we need to tackle it

Nov 29, 2016 02:45 am UTC| Insights & Views Economy

While Australia has a national conversation on domestic violence, some of the harms of this violence remain in the shadows. The ways violence degrades womens financial status and access to economic resources are...

Changes for off-the-plan foreign buyers rely on a broken supply argument

Nov 29, 2016 02:05 am UTC| Insights & Views Economy Real Estate

The government is proposing changes to the foreign investment framework that will allow a foreign real estate investor to purchase an off-the-plan dwelling when another foreign investor has failed to reach...

Australia is discriminating against investors and we're the poorer for it

Nov 28, 2016 22:00 pm UTC| Law Economy

Many Australians dream of starting their own businesses. But they face restrictions on where they can access startup capital. In Australia you must be certified as a sophisticated investor to invest in risky, early stage...

OECD warns of uncertain outlook for UK, forecasts 1.2 pct growth in 2017

Nov 28, 2016 15:46 pm UTC| Commentary Economy

The Paris-based Organisation for Economic Cooperation and Development (OECD) in its latest global outlook published on Monday warned of an uncertain outlook for the UK and its trading partners as Brexit negotiations...

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Economy

FxWirePro- Major Economic events for the day

Time (GMT) Currency Economic Indicator Actual Forecast Previous 7:00 AM EUR German GfK Consumer...

CPI Update: Australia's Inflation Falls to 2.1%, Impacts on the AUD

Australias annual inflation rate for September 2024 stands at 2.1%, down from 2.7% in August, indicating the lowest inflation increase since July 2021. This decline is largely due to significant decreases in electricity...

Down But Not Out: RBNZ Cuts Interest Rates to Stimulate Growth

Economic Situation: The Reserve Bank of New Zealand (RBNZ) has lowered the Official Cash Rate (OCR) by 50 basis points, reducing it from 4.75% to 4.25%. This decision aims to tackle a slowing economy and falling inflation...

$7,500 EV Tax Credit at Risk: California Challenges Trump With New Statewide Rebate Proposal

As President-elect Donald Trump eyes eliminating federal EV tax credits, California Governor Gavin Newsom proposes a $7,500 state rebate to protect clean transportation efforts and keep zero-emissions vehicles affordable...

Politics

Donald Trump’s policies on renewable energy in 2025

President-elect Donald Trumps 2025 energy policies are drawing sharp criticism as they signal a significant shift away from renewable energy. Trumps administration appears poised to prioritize fossil fuel production,...

Donald Trump’s Transition Deal: ‘Chaos Looms’ as GSA Agreement Rejection Sparks Security Concerns

President-elect Donald Trump finalized a transition agreement with President Joe Bidens White House on Tuesday, clearing the way for his transition team to coordinate with federal agencies ahead of his January 20...

Rudy Giuliani Sparks Outrage With Explosive Rant on Trump-Appointed Judge: 'He Doesn’t Care About the Truth!'

Rudy Giuliani, the embattled former New York City mayor and personal attorney to President-elect Donald Trump, unleashed a fiery tirade against U.S. District Judge Lewis Liman on Tuesday. Speaking to reporters outside a...

Border Sheriffs Sound the Alarm: 'Trump's Mass Deportation Plan Faces Resistance and Urgent Resource Gaps'

President-elect Donald Trumps proposed mass deportation plan has drawn mixed reactions from Texas border sheriffs, who say they lack the necessary resources to enforce the sweeping immigration policies. During his...

Science

From using plant rinds to high-tech materials, bike helmets have improved significantly over the past 2 centuries

Imagine its the mid-1800s, and youre riding your high-wheeled, penny-farthing bicycle down a dusty road. Sure, it may have some bumps, but if you lose your balance, youre landing on a relatively soft dirt road. But as the...

Why does everything look flat even though the Earth is round?

Ever since the ancient Greeks first made observations of the circular Moon and the skies, scientists have known that the Earth is a sphere. Weve all seen beautiful images of the Earth from space, some photographed by...

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Technology

Tesla Exclusion from EV Tax Credit Proposal Blasted by Congressman as Musk Slams California's 'Insane' Plan

Californias proposed EV tax credit plan has sparked outrage, with Tesla excluded despite being the states only EV manufacturer. Congressman Ro Khanna and Elon Musk have condemned the decision, calling it harmful to local...

Kia and Hyundai Unshaken as BYD Sets 2025 South Korea Launch in Competitive EV Market

As BYD prepares to enter South Koreas EV market in 2025, Kia and Hyundai show no signs of concern. Experts highlight that tariffs, subsidy issues, and local consumer preferences make it challenging for BYD to compete with...

Google's DOJ Trial On Schedule: US Judge Rejects Delay Amid Trump Administration Shift

A US judge declined to postpone the Department of Justices antitrust trial against Google, slated for April, despite potential policy shifts under President Trumps administration. The DOJ alleges Googles illegal monopoly...

OpenAI's Sora Sparks Artist Backlash: 'We’re Not Free Bug Testers for Billion-Dollar Brands'

OpenAIs early access program for Sora, a generative AI tool marketed as a creative partner for artists, is facing severe criticism. Artists participating in the program allege that the initiative prioritizes corporate...
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