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Tue, Jan 28, 2025 03:44 AM All times are UTC

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New Zealand budget: sees 2014/15 budget deficit of NZD 648m

May 21, 2015 02:11 am UTC| Economy

NZTreasurysees inflation reaching 2% in 4Q 2016 Treasurysees jobless rate fallingto 4.7% by 1Q 2017 Fin Min English sees option of modest tax cuts in 2017 Englishsees GDP growth averaging 2.8% over next 4...

Singapore’s economy gloomy on March Inflation data

Apr 17, 2015 12:42 pm UTC| Economy

The Singapore economy grew a disappointing 1.5 per cent in the last three months of 2014, according to advance estimates released by the Ministry of Trade and Industry. But during the first months of 2015 the economy has...

Japanese consumer confidence recovers, fails to lift spending

Apr 17, 2015 08:23 am UTC| Economy

It is observed that consumer prices in Japan rose 2.0 percent on year in February. Consumer confidence improved from an upwardly-revised 40.9 in February to 41.7 in March, the fourth straight rise. Prices were flat from a...

Tricky games of Hong Kong CPI amid solid domestic demand, low oil prices

Apr 17, 2015 07:07 am UTC| Economy

Hong Kong will announce March CPI inflation on 21 April. The headline inflation y/y is expected to have eased moderately. Food and housing (accounts for almost 60% of CPI weighting basket) likely stayed high offsetting the...

Improving Aussie Economic Environment Impacts AUD positively

Apr 17, 2015 06:37 am UTC| Economy

It has been noted with a keen observation that Australian macros are outperforming among major Asia Pacific (APAC) economies in the recent past. As a result, Australian economy headed into perfect boom in 2015.In the last...

Fitch: Spain Faces Slow, Uneven Housing Market Recovery

Mar 23, 2015 10:33 am UTC| Economy

Recent data suggests that Spains protracted house price correction is coming to an end, in line with Fitch Ratings forecasts. Improving credit supply will support the housing market, but weak fundamentals, particularly in...

Japanese government to raise is economic assessment report in March report - Nikkei

Mar 19, 2015 23:18 pm UTC| Economy

This (March assessment) will be the first upgrade since July of 2014 The assessment was downgraded in September and October due to slower consumption and has since remained unchanged since...

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Economy

Scott Bessent Pushes Universal Tariff Plan as U.S. Treasury Secretary

Newly confirmed U.S. Treasury Secretary Scott Bessent is advocating a plan to impose universal tariffs on imports, according to the Financial Times. The proposal suggests starting tariffs at 2.5%, increasing by 2.5% each...

Lead vs. Zinc: Divergent Market Trends Amid Supply Shifts

Lead and zinc, often mined together, have seen contrasting market movements recently. Zinc prices soared to a 20-month high of $3,284 per metric ton in October 2024, driven by tight raw material supplies. Meanwhile, lead...

European Stocks Drop Amid Earnings and Policy Meetings

European stock markets opened the week lower as investors braced for a wave of corporate earnings and key central bank meetings. At 03:05 ET (08:05 GMT), Germanys DAX fell 1%, Frances CAC 40 slid 0.2%, and the UKs FTSE 100...

Global Markets Brace for Fed, ECB, and Trump’s Tariff Plans

The week ahead promises market volatility as the U.S. Federal Reserve, European Central Bank (ECB), and Bank of Canada hold their first meetings of 2025. Investor attention is on the Feds anticipated pause in rate cuts...

Gold Prices Drop as Dollar Strengthens Amid Fed Meeting Anticipation

Gold prices slipped in Asian trading on Monday, retreating from last weeks gains, as the U.S. dollar strengthened. Spot gold fell 0.7% to $2,752.09 per ounce, while February Gold Futures declined 0.8% to $2,783.22. Last...

Politics

Trump's Key Cabinet Picks and Their Agendas

President Donald Trumps recent cabinet selections signal a clear direction for his administration, with a focus on reshaping U.S. policies on defense, justice, and energy. Pete Hegseth, the new defense secretary, is...

Elon Musk Criticized by French PM as Threat to Democracies

Elon Musk, billionaire CEO of Tesla and owner of social media network X, has come under fire from French Prime Minister Francois Bayrou, who views him as a threat to democratic values. In a recent television interview,...

Marco Rubio, King Abdullah Discuss Gaza Crisis Amid Controversial Trump Remarks

U.S. Secretary of State Marco Rubio spoke with Jordans King Abdullah on Monday, focusing on Gazas fragile ceasefire, hostages, and regional stability. This discussion followed President Donald Trumps suggestion that Jordan...

U.S. Eyes China's Influence in Panama Canal Amid Strategic Concerns

The Federal Maritime Commission (FMC) Chair Louis E. Sola will address the U.S. Senate Commerce Committee, raising concerns about Chinas growing presence in Panama and its influence on the Panama Canal. Solas written...

Trump's Executive Order Renames Gulf of Mexico and Denali

Trumps Executive Order Renames Gulf of Mexico and Denali Google Maps will soon reflect changes in the names of two prominent geographic locations following a directive from the Trump administration. The Gulf of Mexico will...

Science

Most of us trust scientists, shows a survey of nearly 72,000 people worldwide

Public trust in scientists is vital. It can help us with personal decisions on matters like health and provide evidence-based policymaking to assist governments with crises such as the COVID pandemic or climate change. In...

Astronauts on NASA’s Artemis mission to the Moon will need better boots − here’s why

The U.S.s return to the Moon with NASAs Artemis program will not be a mere stroll in the park. Instead it will be a perilous journey to a lunar location representing one of the most extreme environments in the solar...

Why Africa’s young scientists should help check the quality of climate change research

Scientific research is essential for addressing the climate crisis. The Intergovernmental Panel on Climate Change (IPCC), a United Nations body, assesses the science on climate change through its regular assessment...

Despite fears of falling trust in expert knowledge, a global survey shows New Zealanders value science highly

Five years since the start of the COVID pandemic, it can feel as if trust in the knowledge of experts and scientific evidence is in crisis. But according to our new findings in a global survey of more than 70,000 people...

White House Office of Science and Technology Policy provides in-house science advice for the president

Presidents need science advice. From climate change and pandemics to the governance of AI and the countrys nuclear arsenal, science sits at the center of a range of foreign and domestic policy challenges that reach the...

Technology

Sam Altman Highlights DeepSeek R1’s Potential, Stresses Importance of AI Compute

Sam Altman, CEO of OpenAI, praised DeepSeek R1, a recently launched AI model, for its impressive capabilities at a competitive cost. In a post on X, Altman noted that the model demonstrates remarkable value for its price,...

Nvidia Stock Plummets Amid Competition from DeepSeek's AI Models

Shares of Nvidia (NASDAQ:NVDA) plunged 16.86% on Monday, wiping out $589 billion in market value, following the debut of DeepSeeks new AI models. The sell-off marked the largest single-day market value loss in history,...

DeepSeek AI Overtakes ChatGPT as Top App in U.S. App Store

Chinese startup DeepSeeks AI Assistant has surpassed ChatGPT to become the top-rated free app on Apples (NASDAQ:AAPL) U.S. App Store. Powered by the DeepSeek-V3 model, touted as one of the most advanced open-source AI...

Big Cheese Studio Confirms Cyberattack, Assures Game Development is Unaffected

Poland-based game developer Big Cheese Studio has confirmed that a cyberattack on its systems occurred early Friday but assured that its game development remains unaffected. The company emphasized that no data has been...

Indian News Giants Challenge OpenAI Over Copyright Concerns

Several major Indian digital news publishers, including outlets owned by billionaires Gautam Adani and Mukesh Ambani, have filed a legal challenge against OpenAI, according to Reuters. The publishers allege that OpenAI has...