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Tue, Apr 16, 2024 09:01 AM All times are UTC

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Standard Chartered Bank lowers Thailand's 2015 GDP forecast to 5.1 pct

Mar 05, 2015 07:28 am UTC| Commentary

Quotes from Standard Chartered The execution of public infrastructure projects - including a dual-track rail system and the extension of subway and motorway networks - has been slower than our expectations so...

Standard Chartered: Falling oil prices to boost growth in Thailand

Mar 05, 2015 07:26 am UTC| Commentary

Quotes from Standard Chartered The biggest previous drop in global oil prices was in 1986, when they fell by 67%. The Thai economy benefited signficantly due to its net oil importer status, with economic growth...

Credit Agricole: India's RBI rate cut to support the economy

Mar 05, 2015 06:32 am UTC| Commentary

Quotes from Credit Agricole The RBI cut the repo rate by 25bp, outside of its policy review cycle for the second time this year. Signs of economic weakness, faster than anticipated disinflation, valuable structural...

Barclays: BSP's next rate hike likely in Q4 2015

Mar 05, 2015 06:24 am UTC| Commentary

Quotes from Barclays The Philippines February inflation was in line with expectations, but core inflation unexpectedly edged up to 2.5%, from 2.2% in January. Rice and overall food inflation continued to ease, and...

Standard Chartered Bank: Exports likely slowed in January

Mar 05, 2015 05:30 am UTC| Commentary

Quotes from Standard Chartered Bank The Department of Statistics will announce January trade data on 6 March. We expect export growth to have slowed to 0.8% y/y from 2.7% in December. Weaker commodity prices will affect...

Standard Chartered Bank: We expect a BoK rate cut in Q2-2015

Mar 05, 2015 05:24 am UTC| Commentary

Quotes from Standard Chartered Bank We now expect the Bank of Korea (BoK) to cut the policy rate in Q2-2015, versus ourprevious forecast of Q1. We think the Monetary Policy Committee (MPC) will keepthe rate on hold at...

Standard Chartered Bank: Elevated TWD NEER to weigh on the TWD

Mar 05, 2015 05:22 am UTC| Commentary

Quotes from Standard Chartered Bank The Taiwan dollar (TWD) has been the strongest performer against the US dollar (USD) in Northeast Asia YTD, appreciating by 0.68%. It has benefited from strong equity inflows, with...

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Economy

Digital trade protocol for Africa: why it matters, what’s in it and what’s still missing

In February 2024, African heads of states adopted a draft protocol to regulate digital trade within the continent. This significant yet challenging course for Africas digital economy fits into the broader trade agreement,...

Industry shutdowns are messy and painful: 4 lessons Australia’s coal sector can learn from car-makers about bowing out

Shifting Australias electricity sector to low-carbon technologies and closing coal plants is vital to tackling climate change. But such transitions are easier said than done. People and economies are often deeply...

Food prices will climb everywhere as temperatures rise due to climate change – new research

Climate change, and specifically rising temperatures, may cause food prices to increase by 3.2% per year, according to a new study by researchers in Germany. As climate change continues to worsen, this price inflation will...

Industrialisation is still vital to economic development but some countries are struggling to reap its benefits

Alexander Hamilton, one of the founding fathers of the US, wrote a wealth of reports that served as building blocks for the countrys economic system. In 1791, during his time as secretary of the Treasury, Hamilton...

This is how President Ramaphosa got to the 25% figure of progress in land reform in South Africa

Nearly three decades into democracy, land reform remains central to South Africas transformation policies and agricultural policy. We have over the years pointed out that the progress on land reform has been incorrectly...

Politics

Nvidia RTX 4090D Embroiled in US-China Tech Rivalry; South Korea Navigates Chip Export Dilemma

The U.S. government has tightened export restrictions on high-performance semiconductor chips to China, including the Nvidia RTX 4090D, and is urging South Korea to enforce similar curbs, marking a significant escalation...

US and Japan Boost AI, Semiconductor Alliance; EU Eyes Reduction in China Dependence

Japan and the United States are poised to deepen ties in the high-tech sector, signaling a strategic move to enhance their global partnership with a focus on artificial intelligence and semiconductor...

US Finalizes Ban List for Chinese Chipmakers; Boosts Mexico Semiconductor Ties

The United States is finalizing a list of Chinese chip factories banned from receiving vital technology, aiming to curb Beijings tech advancements amid national security concerns. Concurrently, a US-Mexico semiconductor...

China's Commerce Minister to Advocate EV Sector in Europe Amid Subsidy, Tariff Probe

Chinas Commerce Minister Wang Wentao is set to visit Europe in April to address concerns and advocate for the Chinese electric vehicle (EV) industry amid a European Commission investigation into alleged unfair...

South Africa’s electricity crisis: what political parties say in their election manifestos about solving it

South Africa is in the middle of a deep electricity crisis. In 2023 the public, many of whom are voters, experienced the worst loadshedding to date, losing power for an average of five hours a day. The power shortages...

Science

Exploding stars are rare but emit torrents of radiation − if one happened close enough to Earth, it could threaten life on the planet

Stars like the Sun are remarkably constant. They vary in brightness by only 0.1% over years and decades, thanks to the fusion of hydrogen into helium that powers them. This process will keep the Sun shining steadily for...

An eclipse for everyone – how visually impaired students can ‘get a feel for’ eclipses

Many people in the U.S. will have an opportunity to witness nearly four minutes of a total solar eclipse on Monday, April 8, 2024, as it moves from southern Texas to Maine. But in the U.S., over 7 million people are blind...

How do airplanes fly? An aerospace engineer explains the physics of flight

Airplane flight is one of the most significant technological achievements of the 20th century. The invention of the airplane allows people to travel from one side of the planet to the other in less than a day, compared...

The mystery of consciousness shows there may be a limit to what science alone can achieve

The progress of science in the last 400 years is mind-blowing. Who would have thought wed be able to trace the history of our universe to its origins 14 billion years ago? Science has increased the length and the quality...

What is minoxidil, the anti-balding hair growth treatment? Here’s what the science says

Hair loss (also known as alopecia) often affects the scalp but can occur anywhere on the body. Its very common and usually nothing to worry about; about half of Australian men show signs of visible baldness at age 50 and...

Technology

Doosan Robotics, LG Electronics Debut EV Charging Robot, Kicks Off Pilot Operation in South Korea

Doosan Robotics and LG Electronics have developed an automatic charging machine for electric vehicles. The companies collaborative project is now being tested in South Korea. Doosan Robotics and LG Electronics pilot...

Changpeng Zhao Faces Sentencing, Crypto Community Watches Anxiously

Former Binance CEO Changpeng Zhao prepares for his sentencing on April 30 amid high stakes for the crypto industry. Scheduled in the Western District of Washington, the court will decide if Zhaos cooperation with U.S....

OpenAI Announces Opening of Its First Office in Asia, Rolls out GPT-4 Optimized for Japanese Users

OpenAI has arrived in the Asia Pacific region after opening an office in Tokyo, Japan. This is the companys first hub in the territory and third globally. The office was inaugurated just last weekend. Global Expansion...

Tesla Halts $25,000 Model NV9, Redirects Focus Despite Musk's Earlier Promises

Despite Elon Musks prior claims, Tesla has shelved its anticipated $25,000 electric car, codenamed NV9, prioritizing other technological advancements. The projects delay contradicts earlier projections of a cheaper,...

Adobe Unveils Acrobat AI Assistant Tool for Acrobat and Reader Users

Adobe Inc., formerly known as Adobe Systems Incorporated, announced it has made its artificial intelligence (AI) assistant tool available to users of Acrobat and Readers. The computer software firm said that starting...