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Lessons from Queensland on alcohol, violence and the night-time economy

Aug 12, 2019 06:22 am UTC| Insights & Views Economy

This is the first in a series of articles on a recently released comprehensive evaluation of the Queensland governments 2016 policy reforms to tackle alcohol-fuelled violence and the implications for alcohol regulation and...

Australian bonds suffer in muted trading ahead of July labour market report

Aug 12, 2019 05:48 am UTC| Commentary Economy

Australian government bonds suffered during Asian session of the first trading day of the week Monday, amid a muted session that witnessed data of little economic significance ahead of the countrys labour market report,...

UK gilts surge after Q2 GDP, June manufacturing production disappoints

Aug 09, 2019 11:25 am UTC| Commentary Economy

The United Kingdoms gilts surged during European trading hours Friday after the countrys gross domestic product (GDP) for the second quarter of this year, and manufacturing production for the month of June disappointed...

German bunds jump after trade balance narrows in June amid muted session

Aug 09, 2019 10:56 am UTC| Commentary Economy

The German bunds jumped during European trading session Friday after the countrys trade balance for the month of June narrowed down amid an otherwise muted day that witnessed data of little economic significance. The...

EM currencies likely to remain gloomy, thus Ruble to remain weak: Commerzbank

Aug 09, 2019 10:11 am UTC| Commentary Economy

Emerging market Asian currencies are expected to remain gloomy, at least in the short term, and thus the ruble to remain weak, according to the latest research report from Commerzbank. Russia today kicks off the...

Norway’s core inflation slightly lower than central bank’s forecast; EUR/NOK falls post release

Aug 09, 2019 07:18 am UTC| Commentary Economy

Norways core inflation came in path at the September meeting. However, the inflation outlook is not expected to be decisive for if Norges Bank will commit to a September hike at the meeting next week or not. The...

USD/INR likely to consolidate around 71 on back of RBI smoothing excessive rupee movements, says Scotiabank

Aug 08, 2019 07:24 am UTC| Commentary Economy

The USD/INR currency pair is expected to consolidate around 71 for now, on the back of the RBI smoothing excessive rupee movements with fluctuating foreign reserves. In the medium term, the INR will likely recoup some of...

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Economy

Supertanker Orders Surge as US-Iran War Reshapes Oil Trade

Shipowners are ordering supertankers at the fastest pace in at least 25 years as the US-Iran war disrupts traditional oil routes and increases demand for long-distance crude shipments. Signal Group data shows 217 Very...

Yemen Fighting Threatens Red Sea Oil Routes

Escalating fighting in Yemen is forcing civilians to flee across the Red Sea while raising fresh concerns over global oil supplies as the wider Middle East conflict spreads to critical energy routes. More than 100,000...

European Stocks Rally After Fed Hike, Iran Peace Hopes

European stocks rallied on Thursday as investors welcomed the Federal Reserves first interest rate increase in more than three years while signs of potential diplomatic progress in the Middle East boosted market sentiment....

US Stock Futures Rally as Markets Digest Fed Rate Hike

U.S. stock futures climbed sharply on Thursday as investors reassessed the Federal Reserves first interest rate increase in more than three years and Treasury yields retreated from recent highs. SP 500 and Dow Jones...

East Germany Narrows Economic Gap With West but Wealth Divide Persists

More than three decades after German reunification, the economy of former East Germany has made major progress toward matching the west, particularly in employment and household income. However, significant differences...

Politics

Japan, U.S. Discuss $19 Billion GlobalFoundries Chip Plant

Japan and the United States are discussing plans to build a major semiconductor factory under their $550 billion investment agreement, with GlobalFoundries Inc. potentially operating the facility, according to a report...

Trump Threatens EU Tariffs Over Canada Membership Proposal

U.S. President Donald Trump has threatened to impose steep tariffs on the European Union if Brussels moves ahead with a proposal to make Canada the blocs first associate member, raising the prospect of renewed trade...

ICE Agent Arrested in Minneapolis Over Venezuelan Man Shooting

A federal immigration officer accused of shooting and wounding a Venezuelan man during a Minneapolis immigration operation was arrested Wednesday, eight months after the incident became a focal point of controversy...

Paris Talks Focus on Lebanon Army Needs as UNIFIL Exit Looms

European and Arab military chiefs are set to meet in Paris on Thursday to assess the Lebanese Armed Forces military and financial needs as concerns grow over the planned withdrawal of U.N. peacekeepers and the risk of...

US-China Experts Push AI Nuclear Safeguards to Prevent Military Escalation

U.S. and Chinese security experts are calling for stronger safeguards on military artificial intelligence, warning that autonomous AI systems could trigger a dangerous escalation between the two nuclear powers if their...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

France Urges Faster AI Push Despite Safety Risks

French Finance Minister Roland Lescure has pushed back against calls to slow artificial intelligence development, arguing that such proposals could benefit U.S. technology leaders while making it harder for France and...

Guterres Urges Stronger Global AI Safeguards Ahead of UN Assembly

United Nations Secretary-General Antonio Guterres warned world leaders on Wednesday that the rapid development of artificial intelligence carries significant risks that governments cannot afford to overlook, highlighting a...

Databricks to Invest $350 Million in Singapore AI Expansion

Databricks plans to invest more than $350 million in Singapore over the next three years, expanding its presence in the city-state as demand rises for its data and artificial intelligence products. The privately held data...

SK Hynix, Intel Discuss U.S. Memory Chip Production Deal

SK Hynix is reportedly in discussions with Intel over a potential agreement to manufacture memory chips in the United States, a move that would mark the South Korean semiconductor giants first U.S.-based memory production....

DOJ Will Investigate AI-Related Crimes, Attorney General Blanche Says

U.S. Attorney General Todd Blanche said the Department of Justice will investigate individuals or companies connected to artificial intelligence when there is evidence they have violated federal criminal law, while...