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Tue, Jan 28, 2025 03:55 AM All times are UTC

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AUD/USD headwind strengthens

Mar 13, 2015 04:38 am UTC| Economy

Outbreak of offers slid AUD to fresh intraday low of 0.7674 c-0.40% USD strength weighs on disinterested pre-weekend market Below average turnover worsens slippage 0.7661 5-DMA slated technical ...

WSJ: Japan Has Plenty of Jobs, but Workers Still Struggle

Mar 13, 2015 00:32 am UTC| Economy

Notes from WSJ: Japans unemployment rate now sits near a 17-year low at 3.6%-a level that nearly qualifies as full employment, which traditionally would make wages rise But nonregular jobs have grown to 19.9 million...

Australia NAB: Conditions Stable,Confidence Down to 2013 Level

Mar 10, 2015 00:40 am UTC| Economy

Comments from NAB: Up to a 40% chance the Reserve Bank of Australia cash rate goes below 2% The capex subindex points to moderate expansion in non mining "Confidence also fell across all industries except...

Highlights from India budget 2015/16 that begins on April 1

Feb 28, 2015 10:25 am UTC| Economy

FISCAL DEFICIT Fiscal deficit seen at 3.9 percent of GDP in 2015/16 Will meet the challenging fiscal target of 4.1 percent of GDP Remain committed to meeting medium term fiscal deficit target of 3 percent of...

Eurozone Trade Balance- a Geographic View

Feb 16, 2015 11:16 am UTC| Economy

Euro area posted a record trade balance at 194.8 billion, shows the latest data published from Euro stat. Positive trade balance is very favorable for any country and euro area especially Germany remains robust from this...

Asian Stocks Struggle as Japanese Markets Lead Losses Amid AI Concerns

| Economy Technology

Asian stocks traded flat-to-lower on Tuesday, led by a sharp decline in Japanese markets as chipmaking stocks took a hit. Concerns emerged over DeepSeeks new AI model, which rivals advanced AI technologies like ChatGPT but...

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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...