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Geopolitical risks likely to remain speedbumps through 2019 on global economic growth, says OCBC Bank

Jan 02, 2019 05:55 am UTC| Commentary Economy

Geopolitical risks are expected to remain speedbumps throughout this year in the way of global economic growth, with the United States potentially running out of steam in 2020, according to the latest research report from...

FxWirePro: Key risks facing Japan in 2019

Dec 31, 2018 12:31 pm UTC| Commentary Central Banks Economy

As 2018 comes to an end, Japan and its economy are facing several key risks heading into 2019. Lets have a look at those key factors, One of the major risks facing Japan in 2019 is monetary policies pursued by the...

FxWirePro: Key risks facing EU in 2019

Dec 31, 2018 12:10 pm UTC| Commentary Central Banks Economy

As 2018 comes to an end, the European Union is heading to 2019, facing several key risks; both economical, as well as geopolitical. Lets have a look at those factors, The single biggest risk facing the European Union...

FxWirePro: Key risks facing USA in 2019

Dec 31, 2018 11:37 am UTC| Commentary Central Banks Economy

As we head into 2019, the United States and its economy facing several key risks after a turbulent stock market in 2018. Lets take a look at those key factors, One of the most important risks facing the USA is an...

Subdued oil prices ease concerns regarding India’s inflation outlook, current account deficit - Scotiabank

Dec 27, 2018 12:18 pm UTC| Commentary Economy

Oil prices have recovered significantly overnight; however, they continue to be under downward pressure in the midst of rising fears of an economic deceleration and an oil glut, noted Scotiabank in a research report....

What else could the UK government spend its £4.2 billion Brexit contingency fund on?

Dec 24, 2018 08:23 am UTC| Insights & Views Politics Economy

The cabinet has stepped up contingency plans for a no-deal Brexit, with departments across Whitehall charged with making this a priority. Although all indications are that there is no majority in parliament for leaving...

Not all consumers are equal – in terms of what they save by using efficient appliances

Dec 24, 2018 08:03 am UTC| Insights & Views Business Economy

Have you ever seen one of those big yellow cards on refrigerators, washing machines and other new appliances? These government-mandated notices indicate about how much energy the average U.S. consumer will save by...

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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...