How the Aramco IPO will make history and transform Saudi Arabia's economy
The US and Saudi Arabia have signed hundreds of billions of dollars worth of business deals following Donald Trumps trip to the oil-rich state. The biggest deal was for nearly US$110 billion worth of weapons (extending to...
Oil in Global Economy Series
Oil in Global Economy Series: What's now for oil price amid OPEC/N-OPEC agreement?
In an article published before the OPEC/N-OPEC meeting earlier this week, named Oil in Global Economy Series: Oil might suffer buy the rumor, sell the news, available at...
German bunds climb on safe-haven demand amid quiet trading session
The German bunds climbed at the close of the trading week on Friday as investors poured into safe-haven instruments amid a quiet trading session that witnessed data of less economic significance.
The yield on the...
Global Geopolitics Series
Global Geo-political Series: UK resumes information sharing with US as Trump vows to punish leakers
The diplomatic rift between the UK and the United States that was triggered by the announcement of the name of the suicide bomber involved in the Manchester attack by US broadcaster CBS citing unnamed intelligence...
JGBs flat post slightly lower-than-expected April core consumer inflation
The Japanese government bonds traded flat on the last trading day of the week after reading the countrys slightly lower-than-expected core consumer price inflation for the month of April.
The benchmark 10-year bond...
Central Banking Series
Fed likely to raise interest rate three times in 2018, says Lloyds Bank
The United States Federal Reserve is expected to raise its benchmark interest rate three times in 2018 while adopting two more hikes through this year. The central bank left monetary policy unchanged after the Federal Open...
Asian markets mixed, gold marginally higher at $1,257
All the major Asian indices were trading on a mixed note on Friday. Gold was trading around $1,257 mark while silver was trading around $17.16 marks.
Japans Nikkei was trading 0.41 pct lower at 19,731.50...
Australian bonds rally tracking strength in U.S. Treasuries after rise in initial jobless claims
The Australian bonds rallied on the last day of the week, tracking strength in the U.S. counterpart after reading the slightly higher initial jobless claims release later yesterday.
The yield on the benchmark 10-year...
U.S. consumer sentiment likely stayed elevated in April, construction spending to have recovered
The U.S. Conference Boards consumer confidence index had dropped a bit in April. The index for May is set to be released next week, shedding light on whether the confidence has topped, albeit at the highest levels since...
Indian economy likely to have grown sub-7 pct in Q1 2017, says Scotiabank
India is set to release its first quarter economic growth data next week. According to a Scotiabank research report, the Indian economy is likely to have continued to ease from 8.6 percent year-on-year in the first quarter...
U.S. consumer spending likely to have risen decently in April, says Scotiabank
The recovery of the U.S. economic growth in the second quarter over the first quarters miserly growth pace relies mainly upon consumers. The U.S. consumer spending figures are set to be released next week. According to a...
South Korean composite consumer sentiment index rises in May
The composite consumer sentiment index (CCSI) of South Korea rose in May. The index was up by 6.8 points to 108 from April. Consumer confidences about current living standards and their future outlook were two and five...
Japan’s headline and core inflation likely to have accelerated slightly in April
The April consumer price inflation data for Japan is set to be released on Friday. Based on the available data, the country wide headline and core inflation are expected to have accelerated a bit in April. According to a...
Singaporean economy likely to expand 2.5 pct in 2017, manufacturing likely to drive growth
The first quarter Singaporean economic growth was upwardly revised earlier today to 2.7 percent year-on-year, as was expected, from the earlier estimate of 2.5 percent year-on-year. The upward revision was mainly due to...
U.S. Treasuries gain following steep losses in energy prices, less hawkish FOMC minutes
The U.S. Treasuries gained Thursday, following steep losses witnessed in global benchmark energy prices after Saudi Arabia hurdled in the wake of too deeper oil production cuts in the near term. Also, the slightly less...
Here Is The Fossil Fuel Power Plant That Doesn’t Produce Carbon Emissions
For the longest time, the world has lived with a simple truth; power plants using fossil fuels contribute to carbon emissions, period. However, a trio of trailblazers decided that this didnt have to be the case and that...
SpaceX Tests Falcon Heavy, Huge Rocket For Manned Space Missions
For the most part, rocket launches by SpaceX were so far involved in delivering goods such as satellites into space. That was with the Falcon 9. With the Falcon Heavy rocket, things are a bit different as the rocket is...
Driverless Car Tests Can Be 99.99% Faster And Cheaper, Researchers Claim
Testing self-driving technology is an important step to developing cars that can drive themselves with an acceptable level of control. Unfortunately, such tests can take a lot of time. According to researchers from the...
Digital Currency Revolution
Bitcoin Hits $2,800 In Value, Surges To The Top Of Google Searches
It seems cryptocurrency is having a fantastic month, with Bitcoin reportedly hitting a high of $2,800 in terms of value this May. As a result of this increased appreciation, word of the digital currency has spread enough...
T-Mobile To Launch Digits, One Number To Rule All Devices And It’s Free
When T-Mobile announced its Digits service back in December, a lot of people were excited about the prospect of having just one phone number to use with all of their devices. At the time, it was still in beta but not...
Mark Zuckerberg Thinks Facebook Replaces Church, Work And Communities
Facebook Founder Mark Zuckerberg recently gave a commencement speech at Harvard, which is ironic since he dropped out of the school upon creating the social media site. During the speech, Zuckerberg noted how people are...
Our 'selfish' genes contain the seeds of our destruction – but there might be a fix
By John Baird -
Insights & Views
The human race is in so much trouble that it needs to colonise another planet within 100 years or face extinction. So says the physicist Stephen Hawking in an upcoming BBC documentary, Stephen Hawking: Expedition New...
T-Mobile Is Stealing Verizon’s Customers By Paying Out Their Devices
Looks like the Uncarrier is at it again as T-Mobile moves to disrupt Verizons business by paying off the smartphone plans of its customers if they switch. The offer only applies to iPhones and Pixel phones of their...
Stem cells show promise – but they also have a darker side
By John Baird -
Everyone seems to be excited about stem cells. Their excellent promise as a treatment for a range of diseases and injuries mean almost guaranteed coverage for research. While some types of stem cells are already being used...
Facebook Signs Up Buzzfeed To Create Original Video Content For Millennials
Its been known for some time that Facebook intends on creating original video content for its users and has even acquired A-list celebrities to achieve this goal. In a recent development, it would seem that the social...
Intel Gives Thunderbolt 3 Away For Free, No Royalties
Normally, when a company develops a new technology that might make them a lot of money, they dont just give it away. In a rare example of apparent altruism, this is exactly what Intel is doing with its new Thunderbolt 3...
How Google Street View became fertile ground for artists
By Chris Ingraham Et Al -
Insights & Views
On May 25, Google Street View celebrates its 10th birthday. A feature of Google Maps, it lets users explore cities and towns around the world and even peer inside businesses and government institutions (including the...