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Australian 10-year bond yield hits 1-1/2 month high following weakness in U.S. Treasuries

Sep 19, 2018 03:36 am UTC| Commentary Economy

Australian 10-year government bond yield surged to a 1-1/2 month high during Asian session Wednesday following heavy sell-off in the United States counterpart. The U.S. 10-year Treasury yield crossed the 3 percent mark,...

Securitisation – the complex financial product that fuelled the financial crisis is making a comeback

Sep 18, 2018 12:47 pm UTC| Insights & Views Economy

Securitisation was once lauded as an innovation designed to enhance the resilience and stability of the financial system by redistributing risk efficiently. Yet the housing bubble that burst and triggered the 2007-08...

Genes, joules or gut bugs: which one is most to blame when it comes to weight gain?

Sep 18, 2018 12:40 pm UTC| Insights & Views Economy Health

With obesity on the rise, so too is the diet and weight loss industry, currently valued at US$70 billion in the US alone. But most of us are still confused about the factors that lead to weight gain. Three commonly...

Why NZ's emissions trading scheme should have an auction reserve price

Sep 18, 2018 12:30 pm UTC| Insights & Views Economy

While peoples eyes often glaze over when they hear the words emissions trading, we all respond to the price of carbon. Back in 2010, when the carbon price was around NZ$20 per tonne, forest nurseries in New Zealand...

German bunds rise in muted session ahead of September manufacturing PMI

Sep 18, 2018 09:15 am UTC| Commentary Economy

The German bunds rose during European session Tuesday amid a muted trading day that witnessed data of little economic significance. Investors will now be eyeing the countrys manufacturing PMI for the month of September,...

USD/THB likely to trade in range of 32.5-33.0 at present, following a broader market tone: Scotiabank

Sep 18, 2018 08:22 am UTC| Commentary Economy

The USD/THB is expected to trade in a range of 32.5-33.0 at present, following a broader market tone. Further the THB exchange rate will continue running a tight correlation with the DXY Index, according to the latest...

Australia’s weekly consumer confidence bounces on improved views over current financial conditions

Sep 18, 2018 07:12 am UTC| Commentary Economy

Australias ANZ-Roy Morgan consumer confidence bounced 1.5 percent last week, more than reversing the 1.3 percent fall witnessed in the prior week. Slight falls in sentiment towards future finances and current economic...

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Economy

Asian Gold Stocks Rise as Bullion Rebounds on Softer Dollar

Asian gold stocks advanced on Friday as bullion extended its recovery from a nearly six-week low, supported by falling oil prices, lower Treasury yields and a weaker U.S. dollar. However, expectations for additional...

Venezuela Nears Deal to Move $4 Billion in Gold to New York Fed

Venezuelas government and opposition are nearing an agreement to transfer roughly $4 billion worth of the countrys gold reserves from the Bank of England to the Federal Reserve Bank of New York, potentially ending a...

Yen Sinks as BOJ Rate Hike Fails to Impress Markets

The Japanese yen weakened sharply against major currencies on Friday after the Bank of Japans widely expected interest rate hike failed to impress currency markets. The yen fell as much as 0.8% to 157.145 per U.S. dollar,...

South Korea Producer Prices Rise 0.2% in August

South Koreas producer prices returned to growth in August, as a heat wave pushed up agricultural goods prices and added fresh pressure to production costs, preliminary data from the Bank of Korea showed Friday. The...

Asian Stocks Rise as Oil Falls, BOJ Rate Decision in Focus

Asian stocks advanced on Friday as falling oil prices eased inflation concerns and a technology-led Wall Street rebound boosted investor sentiment ahead of the Bank of Japans closely watched interest-rate decision....

Politics

South Korea’s Lee Rules Out Military Role in Middle East War

South Korean President Lee Jae Myung said Friday that Seoul will not deploy military forces to the Middle East in any capacity that could pull the country into war, while confirming that officials are considering a greater...

Najib Razak Granted House Arrest Until 2028

Malaysias pardons board has agreed to allow jailed former Prime Minister Najib Razak to serve the remainder of his prison sentence under house arrest, according to a statement from the prime ministers legal department on...

Houthis Seize Bab el-Mandeb as Military Power Grows

Yemens Houthi movement has strengthened its position as a major regional military force after a rapid offensive gave it control of the strategically important Bab el-Mandeb Strait, a critical passage connecting the Red Sea...

Pentagon Restarts Testosterone Testing for US Troops

The Pentagon is reinstating mandatory testosterone deficiency screening for U.S. service members aged 30 and older, reviving a controversial military health policy that has drawn concerns from medical professionals over...

Kim Yo Jong Warns of Stronger Response to US-Led Military Drills

North Koreas Kim Yo Jong has blamed US-led military exercises for escalating tensions on the Korean Peninsula, warning that Pyongyang will continue strengthening its nuclear deterrent and could take more forceful...

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

Hyundai CEO Warns Chinese Automakers Could Disrupt US Market

Hyundai Motor CEO Jose Munoz warned that Chinese automakers could eventually reshape the US auto market as they have in Europe unless Washington maintains tariffs and other market-access protections. Speaking in San Jose,...

US Federal Register Drops Alibaba Qwen AI Search Tool

A U.S. government website used an artificial intelligence model developed by Chinas Alibaba to help users search federal regulatory information, despite recent U.S. concerns about Chinese AI companies and their use of...

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...
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