Government loses Brexit court case – so what happens now?
The British Supreme Court has ruled that the government does not have the right to trigger Article 50, formally beginning the Brexit process, without an act of parliament.
The court voted eight to three against the...
India’s external debt position may be improving - World Bank report
Report released by World Bank recently showed that Indias external debt position may be improving. The report, shows that India fares much better than most of its Brics counterparts. Within the group of the Brics nations,...
Eurozone economic growth resilient at the start of 2017 - PMI
IHS Markits Euro Zone Flash Composite Purchasing Managers Index showed that euro area economic growth remained resilient at the start of 2017. Composite Purchasing Managers Index, which is a good overall growth indicator...
Global Geopolitics Series
US under Trump Series
Trump signs executive action to withdraw negotiations on Trans-Pacific Partnership deal
U.S. President Donald Trump on Monday signed an executive action to withdraw negotiations on Trans-Pacific Partnership deal. It was a signal to Democrats and leaders around the world that Trumps rhetoric on trade during...
China's overall copper imports rise in December, trend to continue in 2017
Chinas copper trade data for the month of December showed that overall copper imports rose in December, posting a solid close to a strong year for Chinas copper market. Details of the report were as follows:
FxWirePro: Hedge in oil driven currency under Trump’s administration
Research & Analysis
Insights & Views
The global macro backdrop for FX would likely stay unstable for at least the next several months, through the first hundred days of the incoming Trump administration.
The markets latched onto a Trump policy narrative...
U.S. Treasuries remain volatile following market uncertainty ahead of President Trump’s speech
The U.S. 10-year Treasuries remained volatile Tuesday as markets behave in an uncertain way ahead of President Donald Trumps speech scheduled for later in the day. Also, investors remain keen to focus on the upcoming...
India’s Union Budget likely to be balanced, fiscal discipline will remain a priority
In a weeks time, India will present the FY17/18 budget against a challenging backdrop. Apart from a busy state election calendar, there is considerable uncertainty over the impact of demonetization on growth....
PBoC hikes medium term lending facility rate by 10bps
The Chinese central bank, Peoples Bank of China has hiked the interest rate for six month medium term lending facility and one year medium term lending facility by 10 basis points. This is the first time the central bank...
Ifo German business climate index likely to have dropped marginally in January
Ifo German business climate index is expected to have stabilized in January. According to a Societe Generale research report, the index is likely to have slightly dropped to 110.5 in January from 111 in December. Other...
Moody's: Pressure on Tunisian banks to remain amid significant asset risk and challenging operating conditions
Research & Analysis
Moodys Investors Service says that subdued economic growth, evolving regulation and significant asset risk pressure will maintain pressure on Tunisian banks performance.
Moodys report, entitled Banks - Tunisia: Subdued...
Eurozone politics to play a significant role for markets in 2017
The Eurozone politics is expected remain a significant part for the markets to consider in 2017. National elections will be held in Netherlands and the France in the first half of 2017 and in Germany during September this...
Bank of Israel keeps interest rate unchanged, citing strengthening shekel
The Bank of Israel (BoI) in its first monetary policy meeting of 2017 on Monday maintained interest rates at record low of 0.10 percent, as widely expected following strengthening shekel and rising home prices. The...
South Korean economic growth likely decelerated in Q4 on weakness in construction and consumption
The South Korean economic growth is expected to have decelerated in the fourth quarter because of construction and consumption. According to a Societe Generale research report, South Koreas GDP growth is expected to have...
Japan’s January manufacturing activity expands at sharpest pace in almost three years
Japans manufacturing conditions have rebounded at the sharpest pace seen in almost three years. The Flash Japan Manufacturing PMI rose to 52.8 in January from 52.4 in December. This was the highest since March 2014. The...
Mexican government announces measures to lure capital inflows
Mexicos foreign trade (renegotiation of NAFTA) and immigration are likely to be impacted. Owing to the high budget deficit, fiscal policy has little leeway for economic stimuli.
The initial symptoms are visible in the...
Scientists Create Heat-Detecting Artificial Skin Al A Terminator
With the advancements in artificial intelligence and robotics in recent years, it was only a matter of time before scientists figured out how to give machines the ability to feel. Now, a group from Switzerland have created...
China Chokes VPN Use, Government Permission Now Needed
For many internet users in China, the use of virtual private network (VPN) services is the only way to operate online without having to worry about the government breathing down their necks. Now, the Chinese government is...
Blockchain Revolution Series
Blockchain technology decentralizes ownership and bolsters security: Mozilla Foundation
The Mozilla Foundation has released a new report that aims to help people understand whats at risk and what they can do in the sphere of internet and emerging technologies.
Titled The Internet Health Report, Mozilla...
Snapchat Clamping Down On Clickbait And Fake News
Although it didnt receive the same amount of criticism as Facebook and other social media companies with regards to fake news, Snapchat is still implementing new rules when it comes to the content that shows up on its...
Samsung S8 Release Date: No Show At MWC 2017? Why It’s a Good Thing
Several reports have confirmed that the highly-anticipated release of the Samsung S8 has been delayed.
Earlier, the South Korean electronics giant revealed that it would be initially releasing 10 million units on the...
Tesla Beats Faraday By A Millisecond, Competition For Fastest EV Continue
During the 2017 Consumer Electronics Show, luxury electric car company Faraday Future declared that they had the fastest electric car in the world with the FF91. Recently, Tesla Motors responded by unleashing the full...
Blockchain Revolution Series
Stock Exchange of Hong Kong explores blockchain potential for system upgrade
The Stock Exchange of Hong Kong (SEHK) recently stated that it started looking at emerging technologies including blockchain for its next-generation clearing and settlement system last year.
SEHK chief executive Charles...
Apple And Qualcomm Duke It Out, $1B At Stake
Global mobile processor chip maker Qualcomm recently got hit with a lawsuit by the U.S. Federal Trade Commission for supposedly strong-arming Apple into an unfair deal. Now, Apple is joining in with its own lawsuit and...
Tomorrow's 'new collar' jobs will be quite old-fashioned, our response should be too
By Samuel Wills -
Insights & Views
Artificial Intelligence (AI), inequality and globalisation were central themes of the World Economic Forum in Davos last week. Fearing that AI will destroy jobs, IBM CEO Ginni Rometty called for a future where jobs are not...
Blockchain Revolution Series
Smart contracts – smart or dumb?
By Pat McConnell -
Consider, for a moment, these two statements from the Ultimate Guide to Understanding Blockchain Smart Contracts on a well known Blockchain website:
1) Traditional Contracts
Traditional physical contracts, such as...
Briferendum Aftermath Series
What is at stake in the Supreme Court's Brexit ruling
By Alison Young -
The UKs Supreme Court will rule on January 24 on whether the government or parliament has the right to trigger Article 50 and take the UK out of the European Union.
For the first time in the courts history, all of its...
Bank of Korea sees non-financial companies playing bigger role in fintech revolution: Report
In a new report, the Bank of Korea has said that non-financial companies will play a bigger role in the countrys financial sector with the continued growth of digital banking technology, Korea Joongang Daily...
Electric Car Series
Tesla Free And Clear, No Defects Found In Autopilot
For months, Tesla Motors has been under a magnifying glass after traffic incidents occurred involving their vehicles equipped with Autopilot. The car company just had a major thorn pulled from its side with the National...
Big Pharma Starts Using Cannabis For Making Drugs In Earnest
For decades, cannabis or marijuana as it is more commonly known has been treated as an illegal substance that could land offenders in prison for a long time. After the movement to make marijuana legal gained steam, several...
We've created a new vibration-proof metamaterial that could save premature babies' lives
By Andy Alderson Et Al -
There are 16,000 transfers of premature babies to medical facilities each year in the UK alone. The babies are often transported over large distances from rural to city locations over significant periods of time, in some...