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Deflationary pressure remains elevated in UK

Dec 02, 2015 09:16 am UTC| Commentary Economy

According to latest report from BRC, shop prices are in decline at record pace in November, posing considerable doubts over bank of Englands (BOE) ability hike rates. After maintaining the rhetoric for quite some time, in...

Disappointing US and China reverses gains in November Global manufacturing confidence

Dec 02, 2015 03:20 am UTC| Commentary Economy

Disappointing PMI prints from US and China have driven this decline in the global business confidence, also the weak report from UK. PMIs of Euro Area were strong, indicating the resilience of region to the global growth...

Drop in US ISM highlights the risks to the economy emanating from the manufacturing sector

Dec 02, 2015 02:39 am UTC| Commentary Economy

The drop in the ISM to its lowest point since the subprime crisis highlights the risks to the economy emanating from the manufacturing sector. Its by no means an all-of-a-sudden move so it wont derail Fed plans for...

Singapore PMIs for November will continue to paint a gloomy outlook for the manufacturing sector

Dec 02, 2015 01:47 am UTC| Commentary Economy

Singapore PMIs for November will continue to paint a gloomy outlook for the manufacturing sector. Consensus is expecting both overall manufacturing and electronics PMIs to remain underwater at 49.0 and 48.8 respectively....

A big fall in Chinese fiscal spending near year-end

Dec 02, 2015 00:55 am UTC| Commentary Economy

Fiscal drag has been a major concern in the analysis of Chinas growth outlook this year. A key event was the fiscal reform announced in 3Q14, which allowed for issuance of local government bonds but will gradually...

US auto sales remained red hot in November

Dec 02, 2015 00:21 am UTC| Commentary Economy

Purchases remained above an annualized 18 million units for a record-setting third consecutive month. Enhanced incentives, a solid labour market and significant replacement demand have combined to lift year-to-date sales...

Hong Kong’s exports stronger than expected in October, telecom exports surge

Dec 01, 2015 23:08 pm UTC| Commentary Economy

Hong Kongs total exports rose 1.1%m/m, sa in October, leaving total exports down 3.7%oya. Meanwhile imports slipped 0.1%m/m, sa, falling 8.5%oya in October. As a result, the trade deficit narrowed to HK$29.6 billion in...

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Economy

TikTok CEO Turns to Musk for Guidance Amid Trump Policy Concerns, WSJ Reports

TikTok CEO Shou Zi Chew has reportedly consulted Elon Musk for insights on navigating potential U.S. tech policy shifts under the Trump administration, according to the Wall Street Journal. ByteDance executives remain...

Siri's AI Upgrade in iOS 19 May Signal Apple's Split from OpenAI and ChatGPT

In a bold move, Apple plans to overhaul Siri with advanced AI in iOS 19, potentially ending its partnership with OpenAI. The new Siri aims to match ChatGPTs capabilities, offering users more natural conversations and the...

Nvidia CEO: Trump’s AI Export Limits Won’t Halt Global Tech Collaboration

Jensen Huang, Nvidia CEO, expressed confidence that global tech collaboration will persist, even under U.S. export restrictions on advanced AI technologies introduced during Trumps term. Speaking in Hong Kong, Huang...

Canada retail sales rises in September

According to Statistics Canadas preliminary estimate, retail sales increased by a strong 0.4% month-over-month (m/m) in September. When inflation was taken into account, the gain was even more noticeable, with retail sales...

Politics

Donald Trump Cases ‘Sabotaged’ by Alvin Bragg’s Hush Money Charges: ‘It’s Over Before It Began!’

Former federal prosecutor Elie Honig has criticized Manhattan District Attorney Alvin Braggs handling of the hush money case against President-elect Donald Trump, asserting that it poisoned the well for subsequent...

Mexico Scrambles to Replace Chinese Parts Amid USMCA Tensions: ‘We’ll Fight to Stay In!

Mexico is urgently revising its trade policies and supply chain strategies amid fears that its role in the U.S.-Mexico-Canada Agreement (USMCA) could be at risk. Rising allegations that Mexico serves as a conduit for...

Lindsey Graham’s Fiery Warning: ‘Crush Your Economy’ Over Netanyahu Arrest Warrant Shocks U.S. Allies

Senator Lindsey Graham, a staunch ally of President-elect Donald Trump, issued a stark warning to U.S. allies on Friday, threatening economic sanctions against nations that comply with the International Criminal Courts...

Donald Trump’s Controversial Cabinet Nominees Face Grim Betting Odds: ‘The Market Doesn’t Lie!’

As President-elect Donald Trump finalizes his Cabinet for his second term, betting markets are casting doubt on the confirmation of some of his most polarizing nominees. From allegations of sexual misconduct to...

Science

Why does everything look flat even though the Earth is round?

Ever since the ancient Greeks first made observations of the circular Moon and the skies, scientists have known that the Earth is a sphere. Weve all seen beautiful images of the Earth from space, some photographed by...

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

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...

Technology

Shiba Inu Sends Urgent Scam Alert Amid 12% Price Spike: Details Unveiled

Shiba Inus Lucie has issued an urgent warning about shady actors exploiting the crypto community. Her call for caution aligns with SHIBs impressive 12% price surge, reaching $0.00002759. Users are urged to stick to...

Ethereum's Path to $20K: Correction Likely First, Analysts Warn

Ethereum has surged over 33% in the past month, trading above $3,368, but a correction might be on the horizon. Analysts suggest this dip could precede a powerful rally to $20,000 by 2025. With Bitcoin closing in on...

Stellar Jumps 80% to $0.55 as Grayscale Trust Adds Millions—Is $1 Within Reach?

Stellars price surged over 80%, reaching $0.55 amid strong buying momentum and a sharp rise in trading volumes. Analysts suggest a bullish pattern could drive prices toward $3 or even $5, sparking renewed investor...

Shiba Inu Burn Rate Explodes 49,646% as SHIB Price Climbs 10% in Stunning Market Rally

Shiba Inu witnessed a burn rate surge of 49,646% in just one day, eliminating over 175 million tokens. This extraordinary burn event paralleled a remarkable 10% price jump, solidifying SHIBs market momentum. Shiba Inus...
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