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Australian bonds plunge tracking strong wage rise in U.S.; eyes August employment data

Sep 10, 2018 04:09 am UTC| Commentary Economy

Australian bonds plunged on the first trading day of the week Monday tracking strong rise in wages in the United States over the past week. Investors will now be eyeing the countrys employment data for the month of August,...

Low-income neighborhoods would gain the most from green roofs in cities like Chicago

Sep 09, 2018 20:46 pm UTC| Insights & Views Economy

Heat waves arent just a source of discomfort. Theyre the nations deadliest weather hazard, accounting for a fifth of all deaths caused by natural hazards in the U.S. Most of the time, low-income people who live in...

How the housing boom has driven rising inequality

Sep 09, 2018 20:44 pm UTC| Insights & Views Economy

The Productivity Commission the Australian governments highly influential economic advisory body released a report titled Rising Inequality? last week. The question mark indicates its scepticism about other research...

German bunds slump despite lower-than-expected July trade balance, Eurozone Q2 GDP

Sep 07, 2018 11:18 am UTC| Commentary Economy

The German bunds slumped during late European session Friday as investors have largely shrugged-off the countrys lower-than-expected trade balance for the month of July and Eurozones gross domestic product (GDP) for the...

Turkish fervour on blockchain-powered customer database and its own cryptocurrency

Sep 07, 2018 09:30 am UTC| Research & Analysis Digital Currency Insights & Views Economy

As the Turkish liras crisis intensifies, the crumbling economy of Turkey could also turn to bitcoin in its hour of need as the pioneer cryptocurrencys prime objective is meant for an alternative solution to hyperinflation...

Swedish krona likely to remain weak for now, recovery seen in medium-term: Commerzbank

Sep 07, 2018 08:12 am UTC| Commentary Economy

The Swedish krona is expected to remain weak for now but has potential for a recovery in the medium term, according to the latest research report from Commerzbank. Rather than towards the end of the year (as it had said...

ECB’s September 13 policy meeting likely to be uneventful, no new policy signals: Danske Bank

Sep 07, 2018 07:51 am UTC| Commentary Central Banks Economy

The European Central Bank (ECB) is not expected to deliver any new policy signals, thus rendering the upcoming meeting on September 13 to be an uneventful one, according to the latest research report from Danske...

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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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