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Sun, May 05, 2024 11:34 AM All times are UTC

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Asia Roundup: Yen retreats from 15-month peak against dollar, Antipodeans and Asian shares rise despite downbeat Chinese data - Monday, February 15th, 2016

Feb 15, 2016 06:47 am UTC| Market Roundups

Market Roundup Specs slash net USD longs to lowest in 1 ½ years, EUR net shorts lowest since third week of October to 63.3k contracts, JPY net longs up to 43.2k - CFTC. Japan PM Abe - Excessive FX volatility...

Americas Roundup: Dollar rises as U.S. data suggests Fed hike still possible, oil gains 12 percent on renewed talk of OPEC cut-February 13th, 2016

Feb 12, 2016 23:20 pm UTC| Market Roundups

Market Roundup US consumers flex muscle retail sales beat; import prices signal weak inflation (-1.1 vs -1.4 forecast). U. Mich prelim Feb consumer sentiment index at 90.7 vs final Jan 92.0, 5-yr inflation falls to...

Europe Roundup: European shares recover as bank sell-off subsides, oil rebounds from 12-year lows, Euro off recent highs - Friday, February 12th, 2016

Feb 12, 2016 12:35 pm UTC| Market Roundups

Market Roundup USD/JPY trades 111.60-113.02 and rumour mill in overdrive. BoJ Gov Kuroda - Market moves excessively risk-averse. Kuroda out of line with fundamentals wont hesitate to ease more. Japan PM Abe...

Asia Roundup: Dollar on track for weekly losses, Asian shares slump over mounting concerns about the health of European banks - Friday, February 12th, 2016

Feb 12, 2016 06:47 am UTC| Market Roundups

Markets Roundup Australia Dec owner-occupied housing fiancé +2.6% m/m, +3% forecast, investment housing finance +0.6%. New Zealands Jan food price index +2.6% m/m but -0.6% y/y. BoJ Gov Kuroda - Market moves...

Americas Roundup: U.S dollar declines against Japanese yen on fears of a global economic slowdown, gold surges to 1-year high-February 12th,2016

Feb 11, 2016 22:30 pm UTC| Market Roundups

Market Roundup US Jobless Claims fell 16K To 269K in February 6 Week, vs 281k forecast. Feds Yellen: USD strength signal of US econ strength, economy creating jobs despite drag from strong USD. Feds Yellen: Weak oil...

Europe Roundup: Dollar hits 16-month low vs yen, gold highest since May, European shares fall sharply - Thursday, February 11th, 2016

Feb 11, 2016 12:03 pm UTC| Market Roundups

Market Roundup USD/JPY free-fall to 110.99 before lifting to high 111s. USD/CHF hits 4-mth low of 0.9661-Safety flows cited. European banks shares slump-Deutsche Bank was down 8% at worst. DAX off 2.5%, Brent off...

Asia Roundup: Antipodeans rise on defensive dollar, Gold surges to its highest in 8-1/2 months - Thursday, February 11th, 2016

Feb 11, 2016 06:48 am UTC| Market Roundups

Markets Roundup New Zealand S/Adj Median House Price Prices +1.3% in Jan on Pvs Month - Reinz New Zealand S/Adj Median House Price Prices +4.9% in Jan on Year Ago New Zealand Jan Month S/Adj PMI 57.9 - Business...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Bitfinex CTO Deems Database Breach Claims 'Fake' Amidst Hacker Allegations

Bitfinexs Chief Technology Officer Paolo Ardoino has cast doubts on claims of a database breach by hacker organization FSOCIETY, branding the allegations as fake. Ardoino refuted the purported leak of 22,500 user emails...

Walmart Spotted with Tesla Semi in California as True Launch Date Revealed

Walmarts adoption of a Tesla Semi hit the California highways, signaling the electric trucks expanding reach. The sighting follows Teslas revelation of a late 2025 and early 2026 launch window for the highly anticipated...

Altcoin Market Rally Predicted, Analysts Forecast $4 Trillion Market Cap Surge

Analysts are predicting a substantial rally in the altcoin market, with projections indicating a surge that could drive the market cap to an impressive $4 trillion. This optimistic outlook is supported by positive economic...

Shiba Inu's Remarkable 12% Surge Fueled by Record SHIB Burns, Community Momentum

Shiba Inus ascent reaches new heights as the cryptocurrency experiences a remarkable 12% surge, fueled by record-breaking SHIB burns. The surge reflects robust community engagement and underscores the dynamic nature of the...

Leak: Huawei's Kirin PC Chip, Qingyun Notebooks to Launch Next Month

Leaked information hinting at the imminent debut of the highly anticipated Kirin PC chip alongside the release of new Qingyun notebooks. The introduction of this computer-dedicated CPU marks a significant milestone for...