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Sat, May 18, 2024 06:51 PM All times are UTC

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Asia Roundup: Dollar extends post-payroll gains; thin market trading, much of Asia remains closed for Lunar New Year holidays - Monday, February 8th, 2016

Feb 08, 2016 06:47 am UTC| Market Roundups

Market Roundup Australia Jan job ads +1.0% m/m, newspapers -3.2%, internet +1.1%. Japan Dec current account surplus Y960.7 bln, Y987.0 bln eyed. Japan Jan outstanding bank loans trln, +2.3% y/y, rise steady. Japan...

Americas Roundup: Dollar gains after U.S. data suggests possible Fed rate hikes, oil falls in volatile trade-February 6th, 2016

Feb 05, 2016 23:30 pm UTC| Market Roundups

Market Roundup U.S. Jan nonfarm payrolls rise by 151k vs forecast 190k, unemployment rate at 8-yr low (4.9%). US average hourly earnings +0.5% vs 0.3% forecast, participation rate 62.7% vs 62.6% previous. Strong...

Europe Roundup: Dollar recovers ahead of payroll report, Stocks mixed, Sterling slips on Brexit concerns - Friday, February 5th, 2016

Feb 05, 2016 11:51 am UTC| Market Roundups

Market Roundup EUR/USD plays in a tight range from 1.1183 to 1.1216 levels. USD/JPY trading from 116.55 to 116.99 levels. Brent choppy but positive into NY-Crude up 0.4% to 31.85. ECBs Jazbec - Will act in March...

Asia Roundup: Aussie falls after weaker than expected retail sales data, Yen supported below 117.00 mark - Friday, February 5th, 2016

Feb 05, 2016 06:38 am UTC| Market Roundups

Market Roundup Japan end-January foreign reserves +$14.893 bln to $1.2481 trln. Foreign CB US debt holdings +$6.422 bln to $3.273 trln Feb 3 week, Treasury holdings +$6.464 bln to $2.962 trln, agencies -$537 mln to...

Americas Roundup: Dollar declines for 2nd day on doubts over further Fed rate hikes, oil falls 2 pct on producer meet uncertainty-February 5th, 2016

Feb 04, 2016 22:57 pm UTC| Market Roundups

Market Roundup U.S. jobless claims rise more than expected, 285k vs 280k forecast. U.S. Q4 non-farm productivity falls 3.0 pct, labor costs rise 4.5%. U.S. December factory orders post biggest drop (-2.9%) in a...

Europe Roundup: U.S. rate outlook drives Dollar lower and Shares higher, Oil holds big gains - Thursday, February 4th, 2016

Feb 04, 2016 12:02 pm UTC| Market Roundups

Market Roundup EUR/USD made new high at 1.1184 levels after 1.1069 early Europe pullbacks. USD/JPY trading in between 117.34-118.24 and 117.50 into New York. GBP/USD trading from 1.4563 to 1.4665 levels, bid...

Asia Roundup: Asian stocks rally, BOE monetary policy in focus - Thursday, February 4th, 2016

Feb 04, 2016 07:10 am UTC| Market Roundups

Market Roundup BoJ - Negative interest rates scope seen capped at Y30 trln. MoF flow data week-ended Jan 30 - Japanese buy net Y242.1 bln foreign stocks, sell Y85.4 bln bonds, buy Y49.9 bln bills; foreign investors...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

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...

Technology

Altcoins Expected to Yield 2x-5x Gains by May End: Fetch.AI, Floki, AAVE, ENA

The latest climb in Bitcoins price beyond $65,000 on Wednesday sparked a new relief rally in the cryptocurrency market. Top altcoins are also profiting from the upward momentum, recovering from recent downturn tendencies....

US Orthodontic Leader Accepts Shiba Inu, Embracing Cryptocurrency for Payments

Shiba Inu, the popular meme coin, is experiencing a period of growth and increased utility. Amoré Orthodontic Aligners, a company that specializes in orthodontic care, recently announced that it will now accept SHIB...

Crypto Lender Genesis to Return $3 Billion in Bankruptcy Wind-Down Amid Rising Creditor Haircuts

Crypto lender Genesis Global received court approval to return nearly $3 billion to customers, while a report highlights a significant increase in creditor haircuts in bankruptcy cases to 73% in FY24. Judge Approves...

Binance Enhances SHIB, USTC, AGIX Trading and Liquidity for Better Market Dynamics

Binance has announced efforts to enhance liquidity and trading for Shiba Inu (SHIB), USTC, and SingularityNET (AGIX), including tick size adjustments aimed at improving market dynamics and trading experience. Binances...

OpenAI Disbands Team Tackling AI Risks Amid Leadership Changes and GPT-4o Launch

OpenAI has dismantled its Superalignment team, initially formed to address AI risks, following the resignations of key leaders Ilya Sutskever and Jan Leike. OpenAI Disbands Superalignment Team Days After Leaders Resign,...