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Asia Open: US $ index trading back to the positive ground bolstered by US data - 25th March, 2015

Mar 24, 2015 20:10 pm UTC| Market Roundups

Market Roundup US CPI mm,, SA Feb 0.2%, (consensus 0.2%, previous -0.7%) US CPI YY, NSA Feb 0%, (consensus -0.1%, previous -0.1%) US Core CPI mm,, SA Feb 0.2%, (consensus 0.1%, previous 0.2%) US Core CPI YY, NSA Feb...

U.S. Open: Strong European PMIs boost euro, hurt dollar – 24 March, 2015

Mar 24, 2015 11:11 am UTC| Market Roundups

Market Roundup EUR/GBP scaled new 1month high at 0.7363 after zero UK CPI number. GB Feb CPI 0.3% m/m, 0.0% y/y vs previous -09%/0.3%. 0.3%/0.1% consensus. GB Feb RPI 0.5% m/m, 1.0% y/y vs previous...

Europe Open: China flash PMI falls to 11-month low – 24 March, 2015

Mar 24, 2015 05:49 am UTC| Market Roundups

Market Roundup SF Fed Williams: Mid-year rate rise may be appropriate, hikes should be gradual, close to full employment, USD has huge effect on forecasts, U.S. economy can handle strong USD. Chinese Premier Li asks...

Asia Open: Markets barely react to Merkel-Tsipras meeting - 24th March, 2015

Mar 23, 2015 20:07 pm UTC| Market Roundups

Market Roundup US National Activity Index Feb-0.11, (previous -0.1) US Existing Home Sales Feb 4.88m, (consensus 4.90m, previous 4.82m) US Exist. Home Sales % Chg Feb 1.2%, (consensus 1.7%, previous -4.9%) Mexico...

U.S. Open: Dollar claws up versus euro, Greek, German leaders to meet in Berlin – 23 March, 2015

Mar 23, 2015 11:03 am UTC| Market Roundups

Market Roundup Feds Mester says some parts of the equity market have been "bubble-like". Federal Reserves Bullard says dollar is not far from its "fair value"; Grexit possible but would not be advisable, would be...

Europe Open: NZD hits record highs against AUD – 23 March, 2015

Mar 23, 2015 06:10 am UTC| Market Roundups

Market Roundup NZD hits record highs against AUD. Japan Abe: Kuroda honeymoon soured by fiscal friction. US Treasury Sec Lew: Strong USD good for the US. Greek leader likely to face criticism on first Berlin...

U.S. Open: Euro set for best week in 18 months, Athens pledge – 20 March, 2015

Mar 20, 2015 10:59 am UTC| Market Roundups

Market Roundup EUR/USD holds close to top of 1.0650/1.06965 range. China C.Bank survey: Fewer households believe consumer prices unacceptably high in Q1 vs Q4 2014; fewer bankers believe monetary policy appropriate...

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Economy

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

US long-term care costs are sky-high, but Washington state’s new way to help pay for them could be nixed

If you needed long-term care, could you afford it? For many Americans, especially those with a middle-class income and little savings, the answer to that question is absolutely not. Nursing homes charge somewhere...

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...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

US election: why it’s not the protesters’ votes that the Democrats should worry about

As hundreds of New York police officers in riot gear were called in to clear away a student protest at Columbia University on Tuesday night, the university president Nemat Shafik was saying she had no choice but to take...

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

Bloomberg Unveils Causes of Bitcoin, ETH, SOL, XRP, SHIB Price Plunge Amid Market Turbulence

Crypto trading volumes on major cryptocurrency exchanges fell dramatically in April. Trading volumes declined for the first time in seven months after Bitcoins price fell from an all-time high of $73,800, Bloomberg...

Harvest CEO Eyes Bitcoin ETF Entry into Mainland China via Hong Kong's ETF Connect

Harvests CEO feels that the Hong Kong-mainland China ETF bridge initiative can potentially expand crypto ETF access in mainland China. Harvest Explores Offering Bitcoin and Ether ETFs to Mainland Chinese Investors via...

Samsung Follows Apple, Abandons Autonomous Driving and EV Research Initiatives

Samsung has reportedly halted its autonomous EV driving research project. The companys Advanced Institute of Technology branch has dropped autonomous driving from its research initiatives. This move comes after allegations...

SHIB Burns Skyrocket 5,803%: 26.4 Million Shiba Inu Sent Ablaze in Meme Coin Surge

Shibburn, a popular meme coin explorer, has reported a significant spike in the burn rate of Shiba Inu, the second-largest meme cryptocurrency in market capitalization value. In the meantime, the SHIB price has risen...

Apple Reportedly Inks Deal with Samsung for Foldable Displays, Hints at Future Products

Speculations that Samsung Display was trying to sign Apple as its next big foldable display client surfaced online, but nothing was set in stone because Apple was unsure about building foldable products. However, Apples...