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America’s Roundup: Dollar rally stalls as risk appetite returns, Wall Street ends higher, Gold slips, Oil falls 2% on Powell comments, hopes for Venezuela supply-May 18th,2022

May 18, 2022 01:27 am UTC| Market Roundups

Market Roundup US Apr Core Retail Sales (MoM) 0.6%,0.4% forecast, 1.4% previous US Apr Retail Control (MoM) 1.0%,0.5% forecast, 0.7% previous US Apr Retail Sales (MoM) 0.9%, 0.9% forecast, 0.7% previous Canada...

Europe Roundup: Sterling strengthens against dollar after strong UK jobs data, European shares gain, Gold gains, Oil rises on EU's Russian oil ban effort, demand hopes-May 17th,2022

May 17, 2022 13:47 pm UTC| Market Roundups

Market Roundup French Unemployment Rate (Q1) 7.3%, 7.4% forecast, 7.4% previous UK Claimant Apr Count Change -56.9K, -42.5K forecast, -46.9K previous UK Mar Average Earnings ex Bonus 4.2%, 4.1% forecast,4.0%...

America’s Roundup: Dollar slips from 2-decade highs, Wall Street ends mixed, Gold ticks up, Oil settles higher on demand optimism, gasoline strength-May 17th,2022

May 17, 2022 00:59 am UTC| Market Roundups

Market Roundup Canada Apr Housing Starts 267.3K,246.4K forecast,246.2K previous US May NY Empire State Manufacturing Index -11.60,17.00 forecast, 24.60 previous Canada Mar Manufacturing Sales (MoM) 2.5%, 1.7%...

Europe Roundup: Sterling dips on worsening global risk sentiment, European shares slip ,Gold prices dips, Oil prices fall on China's weak economic data-May 16th,2022

May 16, 2022 11:09 am UTC| Market Roundups

Market Roundup German Apr WPI (MoM) 2.1% ,6.9% previous German Apr WPI (YoY) 23.8% 22.6% previous EU Mar Trade Balance -16.4B,-7.6B previous German 12-Month Bubill Auction -0.107% ,-0.540% previous Looking...

America’s Roundup: Dollar dips to end trading week but set for weekly gain,Wall Street rallies, Gold falls, Oil jumps 4% as U.S. gasoline prices hit record high-May 14th,2022

May 14, 2022 02:08 am UTC| Market Roundups

Market Roundup US Apr Import Price Index (MoM) 0.0%, 0.6% forecast, 2.6% previous US Apr Export Price Index (MoM) 0.6%, 0.7% forecast, 4.5% previous Canada New Motor Vehicle Sales (MoM) 144.6%,103.0%...

Europe Roundup: Euro falls back towards 2017 lows on Russian energy crisis, European shares gain, Gold falls, Oil rises but set for weekly drop as fears of weaker demand limit gains-May 13th,2022

May 13, 2022 13:57 pm UTC| Market Roundups

Market Roundup French CPI (YoY) 4.8%,4.8% forecast, 4.5% previous French April HICP (YoY) 5.4%, 5.4% forecast, 5.1% previous French Apr CPI (MoM) 0.4%, 0.4% forecast, 1.4% previous French Apr HICP (MoM) 0.5%,...

America’s Roundup: Dollar hits two-decade high, Wall Street ends mixed, Gold retreats, Oil settles mixed amid Beijing lockdown fears, tight supplies-May 13th,2022

May 13, 2022 01:15 am UTC| Market Roundups

Market Roundup US Apr PPI (MoM) 0.5%,0.5% forecast, 1.4% previous US Apr PPI (YoY) 11.0%,10.7% forecast,11.2% previous US Apr Core PPI (MoM) 0.4%,0.6% forecast, 1.0% previous US Apr Initial Jobless Claims...

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Economy

Reebok stores in Russia up for sale, Turkish retailer FLO Magazacilik reportedly in talks to take over

Reebok is selling over 100 of its stores in Russia and Turkeys retail company, FLO Magazacilik, is currently in discussion for the acquisition of the properties. The talks were reportedly confirmed by the latters chairman,...

Samsung reportedly raising prices of its semiconductor products

Samsung Electronics Co. is reportedly mulling on hiking prices for its chips. It is considering up to a 20% increase, and this was first reported on Friday. The company is said to be currently in talks with foundry...

Court picks KG Group as SsangYong Motor preferred bidder

SsangYong Motor is in search of a new buyer after its acquisition deal with Edison Motors Company failed to push through. The race to acquire the South Koreabased automobile manufacturer opened again, and companies have...

Nike inks Stanford's Rachel Heck as first NIL golfer

US sportswear brand Nike has signed Stanford Universitys Rachel Heck as its first name, image, and likeness (NIL) golf athlete. Heck is presently ranked third in the World Amateur Golf Rankings, with significant...

S. Korea's blockchain gaming industry rattled by TerraUSD, Luna debacle

South Korean gaming firms that feature virtual coins and other blockchain functionalities remain on alert over the adverse effects of the recent collapse of the TerraUSD and Luna cryptocurrencies. Cryptocurrencies...

Politics

Joe Biden eases some policies on Cuba

US President Joe Biden and his administration made another reversal of some policies that were implemented under the Trump administration. This week, the Biden administration eased some of the policies regarding Cuba,...

North Korea: Kim Jong-un orders military to stabilize distribution of COVID-19 medicine

North Korea has been dealing with an outbreak of COVID-19 since it was first reported last week. North Korean leader Kim Jong-un has ordered his military to stabilize the distribution of medicine for COVID-19 in the...

Melania Trump says Anna Wintour is 'biased' as Jill Biden made Vogue cover

Former first lady Melania Trump did not have nice things to say about Vogues editor-in-chief Anna Wintour in her latest interview. Mrs. Trump called Wintour biased as her successor, Dr. Jill Biden, made the cover of the...

Russia-Ukraine conflict: Ukraine says it repelled Russian incursion in Sumy region

The war in Ukraine moves into another week, with Ukrainian soldiers launching their counteroffensive on Russian forces. Ukraine said that its border guards managed to drive out a Russian incursion in the northeastern...

Science

Hyundai Mobis’ monitoring system reduces drowsy driving risks by 30%

Hyundai Mobis Co. has come up with an in-house brainwave-based driver monitoring system that can reduce the risk of drowsy driving by up to one-third. The system, dubbed M.Brain, is a wearable earpiece that continuously...

California start-up Bionaut Labs to send tiny robots on voyage into brains

California start-up Bionaut Labs will conduct its first clinical trials on sending miniature robots deep inside the human skull to treat brain disorders The tiny injectable robots can be guided through the brain using...

Kirin, Meiji University develop electric chopsticks that make low-salt food taste salty

Food producer Kirin and Meiji University have developed a pair of chopsticks that stimulate the taste of salt in foods with low salt content through extensive research. This technology, which has yet to be named,...

Japanese researchers develop plastic with self-repairing powers

Japanese researchers have found a way to create self-repairing plastics that can be used in many products and reduce the amount of waste now polluting the planet. It might have practical applications for home...

Osaka University team proves safety of iPS-based cornea transplant

An Osaka University research team has concluded that the worlds first clinical trial, transplanting corneal tissues derived from induced pluripotent stem cells, or iPS cells, was safe and effective. According to the...

Technology

Bloober Team CEO responds to ‘Silent Hill 2’ remake rumors

Silent Hill is once again making headlines with rumors that multiple projects for the franchise are in the pipeline. The reports said Bloober Team is working on a remake of Silent Hill 2, but CEO Piotr Babieno said they...

YouTube Music for Wear OS adds support for Wi-Fi, LTE streaming

Google previously promised to make YouTube Music for Wear OS function more independently on smartwatches even when users do not have their phones nearby. That will come true this week as the company announced the imminent...

Sony unveils revamped PS Plus games lineup and free trials

There is only a week left before the all-new PS Plus goes live in some regions. Sony released a preview of popular first-party and third-party games available to download at launch. While the list of games with free trials...

AirPods could also shift to USB-C port in the ‘foreseeable future’

More reports have emerged suggesting that Apple is a step closer to ditching the Lightning port for USB-C. And analyst Ming-Chi Kuo provided more insight on the matter, noting that the tech giant is also planning on...

Netflix could launch live streaming for its platform

Netflix is reportedly developing a new way to deliver content to its subscribers. The streaming giant is said to be in the early stages of experimenting with live streaming, although it is still uncertain when and if it...
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