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Strong labor market in Mexico another reason for Banxico to remain on hold

Nov 27, 2015 16:23 pm UTC| Commentary Economy

Mexicos unemployment rate rose to 4.37% sa in October, from 4.26% sa previously. The surprise was driven by an increase in seasonally adjusted terms of the participation rate by almost 63bp from last month. In annual...

Ontario fiscal defict likely to contract by FY2016-17

Nov 27, 2015 05:35 am UTC| Commentary Economy

Weaker Canadian dollar, lower oil prices, and improvement in U.S. economic likely supported the economic outlook of Canada.Ontario Economic Outlook and Fiscal Review for 2015 were released yesterday. While releasing the...

Q3 2015 sees corporate Canada back in red

Nov 27, 2015 03:53 am UTC| Commentary Economy

Canadas corporate profits declined to -5.4% qoq, to be back in red in third quarter of this year, after seeing a rebound in Q2, which was not lasting. In last four quarters, in three of them, the profits dropped, which...

Singapore industrial production shrank by 5.4% (YoY) in Oct15

Nov 27, 2015 01:17 am UTC| Commentary Economy

Its such a sobering picture. Headline industrial production shrank by 5.4% (YoY) in Oct15. That makes for nine consecutive months of declines. Surely, this is a big cold bucket of water over the earlier better than...

Corporate Canada back in the red in Q3

Nov 26, 2015 15:00 pm UTC| Commentary Economy

Corporate profits slipped back into the red in Q3 (-5.4% q/q), after an impressive but short-lived rebound (+15.7% q/q) in Q2. All in all, profits have fallen in three of the past four quarters, leaving them 10% lower than...

MXN deprecation in line with its EM peers

Nov 26, 2015 05:24 am UTC| Commentary Economy

The beginning of the US monetary policy normalization cycle has been exceptionally well telegraphed, hence market stress is unlikely in Mexico. US Fed has been guiding markets towards higher rates in the near future,...

Frozen wages, insecure jobs, struggling youth, rising inequality, shrinking unions ... join the dots

Nov 26, 2015 04:35 am UTC| Insights & Views Economy

If youve been following the news about the Australian economy, you could be forgiven for thinking the country is in dire straits. The latest ABS data paints a grim picture as wage growth in the private sector hits a decade...

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Economy

New Home Prices in China Rise Amid Market Recovery Efforts

New Home Prices in China Rise Amid Market Recovery Efforts In October, new home prices in China experienced a notable increase, reflecting a potential shift in the property markets trajectory. According to a...

South Korea's Export Growth Falls to Seven-Month Low Amid Global Demand Concerns

South Koreas Export Growth Drops as Global Demand Slows South Koreas export growth slowed sharply in October, rising just 4.6% year-over-year to $57.52 billion, marking the smallest increase in seven months. This...

Macquarie Group Reports Lower-Than-Expected First-Half Profits Amid Commodities Slowdown

Macquarie Group Misses First-Half Profit Estimates as Commodities Trading Declines Macquarie Group, Australias largest investment bank, reported a first-half profit increase of 14% to A$1.61 billion (USD 1.06...

Indonesia's Inflation Eases, Core Inflation Surges Amid Economic Challenges

Indonesias Inflation Trends: Headline Eases, Core Inflation Surges October Inflation Overview Indonesias headline inflation rate eased to 1.71% in October, down from 1.84% in September. This rate aligns...

China Halts Investments in Europe Amid New Tariffs on EVs

China Halts Investments in Europe Amid New Tariffs on EVs China has directed its automakers to pause significant investments in European countries backing new tariffs on Chinese-made electric vehicles (EVs). This...

Politics

‘Garbage or Nazis?’ Gov. Tim Walz Defends Biden’s Remarks on Trump Supporters—‘He Was Very Clear!’ Critics Demand Apology

Minnesota Governor Tim Walz is facing backlash after defending President Joe Bidens recent comment that referred to Trump supporters as garbage. In his statement, Walz, who recently compared Trump supporters to Nazis,...

‘America’s Going to Love It!’ Elon Musk Teases ‘Fun’ Second Trump Presidency—‘It’s Gonna Be Awesome!’ Sparks Mixed Reactions

In a tweet that has stirred up strong opinions across social media, billionaire Elon Musk shared his take on a potential second presidency for former President Donald Trump, calling it the most fun America has had in a...

‘A System Flaw Exposed!’ Non-Citizen Voting Incident at University of Michigan Sparks Outrage—‘Ballot Will Still Count!’

A 19-year-old student from China, enrolled at the University of Michigan, faces charges of illegal voting and perjury for allegedly casting a ballot in the 2024 U.S. election. The case has ignited a firestorm of...

U.S. Election Officials Brace for Disruptions Amid Misinformation and Threats

Heightened Security Measures in Key Battleground States Ahead of Election Day With the U.S. election just days away, officials across crucial battleground states like Philadelphia, Detroit, and Atlanta are...

Science

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Just 21 Minutes of Cycling a Day Is 'All You Need' for Total Health, Claims Expert

John Vinton, CEO of Aventon Bikes, insists that just 21 minutes of cycling each day can drastically enhance your health. This simple yet transformative practice can lead to a multitude of benefits, including reduced risks...

Urgent Alert: New COVID Variant Causes Alarming Symptoms—You Must Know This!

The UK is experiencing a rise in COVID-19 cases, with the UK Health Security Agency (UKHSA) confirming that the XEC strain of the virus is spreading. This variant, a combination of the KS.1.1 and KP.3.3 strains, is...

Technology

Veteran Trader Sees Ethereum Dropping to $1,551 Amid Unmet Bearish Target and Analyst Warnings

Ethereums price faces a potential downward shift, with veteran trader Peter Brandt predicting a drop to $1,551 amid bearish chart structures. While some analysts see a 10-20% downside, others anticipate a reversal...

Shiba Inu Burn Rate Soars by 252,910%, as SHIB Price Dips and Experts Call for Caution

Shiba Inus token burn rate skyrocketed 252,910% in the past day, prompting a stark warning from experts who urge investors to remain cautious despite potential price boosts. This burn surge comes as SHIB prices experience...

Shiba Inu's Shytoshi Kusama Strikes Back at Critics, Claims SHIB Outpaces Bitcoin

Shiba Inus enigmatic lead developer, Shytoshi Kusama, has fired back at critics doubting SHIBs potential, emphasizing its staggering 33 million percent growth since 2020 and asserting that it outperforms even...

OpenAI's ChatGPT Search Takes on Google—Here's How to Use It

In a bold move against Google, OpenAI has unveiled ChatGPT Search, enhancing its AI with powerful search capabilities. Powered by GPT-4o, this new feature is rolling out to ChatGPT Plus users. Heres how you can get started...
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