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Australia’s trade surplus beats market expectations in June; net exports unlikely to contribute to Q2 GDP: ANZ Research

Aug 02, 2018 06:46 am UTC| Commentary Economy

Australias trade surplus for the month of June beat market expectations, even after a slight downward revision to Mays surplus. Despite the strength in export values in the month of June it looks like net exports are set...

JGBs mixed in muted trading ahead of BoJ’s June policy meeting minutes; 10-year auction fails to attract demand

Aug 02, 2018 05:10 am UTC| Commentary Economy

The Japanese government bonds remained mixed on Thursday in a muted trading day ahead of the Bank of Japans (BoJ) June monetary policy meeting minutes, scheduled to be released today by 23:50GMT. Also, the countrys 10-year...

Australia 10-year bond yield touches fresh 1-1/2 month high tracking weakness in U.S. Treasuries

Aug 02, 2018 03:42 am UTC| Economy Commentary

Australian government bonds plunged across the board on Thursday after the Federal Open Market Committees (FOMC) kept its bias towards further policy tightening, while keeping the fed funds rate target unchanged at 1.75-2...

I’m an economist riding a bike across America, defying what the data says about cycling's safety

Aug 01, 2018 15:22 pm UTC| Insights & Views Economy

Its summer, a time when many people who might have spent the winter hibernating get outside and start being more active by doing things like playing sports and going for bike rides. While raising your heart rate and...

How social media can help sustainable nature tourism

Aug 01, 2018 15:08 pm UTC| Insights & Views Economy Technology

Watching animals in their natural habitat may seem harmless, but it can have serious consequences for the conservation status of wildlife. More than 1,400 species listed as Endangered and Critically Endangered by the...

American farmers want trade partners not handouts – an agricultural economist explains

Aug 01, 2018 14:39 pm UTC| Insights & Views Economy

The Trump administration plans to give American farmers and ranchers hurt by the current trade war US$12 billion in emergency relief to mitigate the impact of tariffs on their exports. While this may lessen the blow of...

Oil discoveries in Turkana six years ago haven't delivered benefits for women

Aug 01, 2018 14:11 pm UTC| Insights & Views Economy

Turkana is a vast dry, remote county, in northwest Kenya, home to around 1.5 million nomadic livestock herders. The discovery of commercially viable oil deposits six years ago brought with it great expectations of economic...

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Economy

Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns

The Federal Reserve has launched a formal inquiry into major U.S. banks and their financial ties to the private credit sector, raising fresh concerns about systemic risk across the $1.8 trillion industry. The move comes as...

Middle East Conflict Threatens Global Economic Stability, World Bank Warns

The ongoing Middle East war is sending shockwaves through the global economy, and even a fragile ceasefire brokered by U.S. President Donald Trump may not be enough to prevent lasting damage, World Bank President Ajay...

U.S. Markets Post Strong Weekly Gains Despite Middle East Tensions and Rising Energy Prices

U.S. stock markets closed mixed on Friday as investors weighed a fragile Middle East ceasefire against an inflation report that came in better than feared. Despite Fridays uneven session, major indexes logged their...

Colombia and Ecuador Trade War Escalates With Retaliatory Tariffs

Tensions between Colombia and Ecuador have reached a breaking point after Colombia announced 100% retaliatory tariffs on Ecuadorian imports, intensifying an ongoing trade dispute between two ideologically divided...

Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty

Most Asian currencies slipped slightly on Friday but remained on track to close the week in positive territory, as traders adopted a cautious stance ahead of the U.S. March Consumer Price Index (CPI) release and monitored...

Politics

MATCH Act: How New U.S. Chip Legislation Could Freeze China's Semiconductor Ambitions

American lawmakers are advancing one of the most aggressive semiconductor export control bills ever proposed. The Multilateral Alignment of Technology Controls on Hardware Act, widely known as the MATCH Act, has drawn...

FAA and Pentagon Approve Laser Counter-Drone System Along U.S.-Mexico Border

The Federal Aviation Administration and the Pentagon have reached a landmark agreement authorizing the deployment of a high-energy laser counter-drone system along the southern U.S. border. This milestone follows extensive...

Eric Swalwell Faces Sexual Assault Allegations Amid California Governor's Race

California Democratic Congressman Eric Swalwell is facing serious sexual assault allegations from a former district office staffer, throwing his prominent gubernatorial campaign into turmoil. The accusations, first...

Iran's Missile Arsenal Poses Ongoing Risk Despite U.S. Claims of Destruction

Recent U.S. intelligence assessments reveal that Iran still maintains thousands of operational ballistic missiles, directly contradicting the White Houses assertion that the regimes military capabilities have been...

Gaza Airstrike Kills Six at Bureij Camp Police Checkpoint

An Israeli airstrike struck a police checkpoint in the Bureij refugee camp, located in the central Gaza Strip, in the early hours of Saturday morning, killing at least six people and wounding several others, according to...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...