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Cutting penalty rates was supposed to create jobs. It hasn't, and here's why not

May 16, 2019 03:26 am UTC| Insights & Views Law

After three years of submissions, hearings and deliberations, Australias workplace relations umpire, the Fair Work Commission, decided in 2017 to decrease the penalty rates paid to retail and hospitality workers on the...

Threats to press freedom are taking on different forms across Africa

May 03, 2019 17:12 pm UTC| Insights & Views Law

Africa buried two of its journalists in 2018. One was killed in Somalia and the other in the Central African Republic. According to a report by the Committee to Protect Journalists, 54 journalists were killed around the...

A guide to ensure everyone plays by the same military rules in space: the Woomera Manual

May 03, 2019 17:09 pm UTC| Insights & Views Science Law

The anti-satellite missile test carried out by India last month was a display of military capability. It told the world that India like China, the United States and Russia before it was now capable of high precision...

UK law on medicinal cannabis changed six months ago – what have we learned?

May 02, 2019 17:08 pm UTC| Insights & Views Law

On November 1, 2018, the UK changed the law on medicinal cannabis. Medicinal cannabis products were moved from schedule 1, meaning they have no medicinal value, to schedule 2, which allowed doctors to prescribe them under...

Is the Assange indictment a threat to the First Amendment?

May 02, 2019 16:46 pm UTC| Insights & Views Law

A British court on Wednesday sentenced Julian Assange to almost a year in prison for jumping bail. Thats not the end of Assanges legal problems: On May 2, Assange, the co-founder of WikiLeaks, will appear at a London...

China is being hyped as new haven for enforcing IP rights, but let's not get carried away

Apr 27, 2019 06:06 am UTC| Insights & Views Law

Luxury carmaker Jaguar Land Rovers recent victory in a Chinese court was quite a turn up for the books. It defeated a Chinese rival in a case about intellectual property theft that related to the design of its Range Rover...

Labor's crackdown on temporary visa requirements won't much help Australian workers

Apr 27, 2019 06:01 am UTC| Insights & Views Law

Bill Shorten is holding out the prospect of protecting Australian workers from foreign ones. He has pledged to tighten the visa system for short-term skilled migrants, ensuring they have to be paid more so that it isnt...

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Economy

USD/JPY likely to slide further to around 105 as global growth concerns weigh, says May Bank

The Japanese yen has lost a lot of its shine in April, slipping around 0.7 percent against the USD in the month as risk sentiments improved amid signs of green shoots and resurgence in USD strength. These have provided the...

Australian bonds plunge in muted trading ahead of RBA’s May monetary policy meeting minutes

Australian government bonds plunged during Asian trading session Monday amid a muted trading session that witnessed data of little economic significance, ahead of the Reserve Bank of Australias (RBA) May monetary policy...

Australian bonds remain tad down amid muted trading session; U.S. Treasury yields rise on impressive data

Australian government bonds remained tad lower during Asian trading session Friday amid a muted trading session that witnessed data of little economic significance, as the United States Treasury yields also rose following...

JGBs jump at close tracking U.S. Treasuries after China, U.S. data disappoint investor sentiments

The Japanese government bonds ended Thursdays Asian session on a higher note tracking a similar movement in the United States Treasuries after economic data in China and the U.S. disappointed investor sentiments. At...

Australia’s unemployment rate moves higher despite solid jobs gain; eyes on RBA Governor Lowe’s speech

Australias unemployment rate moved higher during the month of April despite solid gain in jobs; increased labour supply drove the rise in the unemployment rate, with the participation rate at its highest result on record....

Politics

Vladimir Putin: Does the Russian President Watch 'Game of Thrones'?

Game of Thrones will officially close its curtains after its final episode on Sunday, May 19. Is Russian President Vladimir Putin one of the people who would be tuning in to see who sits on the Iron Throne? The question...

Donald Trump Net Worth: U.S. President’s Favorite Mar-a-Lago Resort Earned Less in 2018

Donald Trump may no longer be actively taking care of his businesses but it still earns him a sizeable amount of money every year. However, his latest annual financial report showed that his favorite getaway destination,...

Melania Trump Fashion: FLOTUS Wears $6,000 Dress at White House Event; Who's Paying for It?

The United States First Lady Melania Trump is known for her Be Best anti-bullying campaign. Aside from her official work, her fans are also following her fashion choices. Mrs. Trump, along with U.S. President Donald...

Donald Trump: POTUS Reignites Word War With James Comey

When Donald Trump officially became the United States President, his indifference with former Federal Bureau of Investigation director James Comey was also made known very well. This week, the word war between the two...

Vladimir Putin: Russian President ‘Afraid’ of Resistance?; Reiterates Importance of Military Strength Military on Victory Day

Russian President Vladimir Putin, as expected, staged a massive show of force on Victory Day while his speech focused on the supposed threat of collective resistance. Ironically, the big weapons were met with a report that...

Science

HIV/AIDS Cure 2019: Scientists May Have Found a Way to End HIV Transmission

Apart from finding a complete cure for HIV/AIDS, another important aspect of tackling the epidemic is looking for an effective way to stop its transmission. Scientists may have made a great discovery in that area. A...

Cancer Cure 2019: Researchers Focus on Helping Patients Live Longer

The world has yet to find a complete cure for cancer. But scientists are continuously working in developing and improving treatment strategies. A leading research institute for cancer recently announced a new and...

Cancer Cure 2019: Potentially Effective Vaccine Can Teach Immune System to Heal Tumors

Finding the cure for cancer also requires scientists and researchers to find various strategies on how to heal or destroy cancer cells and tumors. A recently published study offers an interesting approach as it revealed...

HIV/AIDS Cure 2019: Experts Celebrate as ART Drugs Found Effective to Stop the Spread of HIV

Many developments in the works of ending the HIV/AIDS epidemic have been reported this year. Most recently, a group of scientists confirmed that a currently available drug can help in stopping the transmission of the virus...

Cancer Cure: Dried Herbs, Mushrooms Cocktail Could Treat Cancer?

While countless scientific and medical research is simultaneously carried out all over the world to find the cancer cure, others opt to take a slightly different route. A former medical practitioner is making headlines for...

Technology

‘Borderlands 3’ Release Date: What to Expect from Third Installment’s Enemies

The gameplay demo of Borderlands 3 revealed multiple aspects of the looter shooter title and highlighted several key elements that will be integral for its success. One of the most prominent mechanics that immediately took...

‘GTA 6’ Release Date: Take-Two CEO Strauss Zelnick Said Studio is Working on Sequels for Its Biggest Franchise

Theres still no news what Rockstar and Take-Two are planning for GTA 6 leaving fans wondering when the sixth entry will come out. The studios have always been quite secretive with its titles and only drop huge...

‘Warcraft 3: Reforged’ Release Date, Gameplay: What the Remaster Will Change in the Game’s Battle Mechanics

Blizzard has yet to break their silence when Warcraft 3: Reforged will be available. However, the company did announce that the remaster will be coming out this year with its Beta version dropping before the games official...

‘Final Fantasy VII: Remake’ Release Date, Speculations: What Battle Mechanics Should Fans Expect from the Reimagining

As E3 2019 draws closer, the hype surrounding Final Fantasy VII: Remake is also reaching new heights. Although Square Enix has yet to confirm if the reimagining will indeed be making an appearance at the convention, the...

'World of Warcraft Classic' Release Date, Features: Can Players Still Join the Closed Beta?

World of Warcraft Classic is one of the highly anticipated video games to be released soon. The excitement around it just went up further as its beta went live recently. Some fans might be wondering if they could still...

Digital Currency

Crypto Technicals: DASH/USD pauses upside at 23.6% Fib, bias bullish

Crypto Technicals: BCH/USD extends consolidation, intraday bias neutral

Crypto Technicals: ETH/USD extends sideways, no major signs of reversal seen

Life

We asked people in Vietnam why they use rhino horn. Here's what they said

Uranium mines harm Indigenous people – so why have we approved a new one?

To solve the gender pay gap we need to radically rethink what a job looks like

Nature

Why the southern resident killer whales should have the same rights as people

The quest to save the banana from extinction

Cities and countries aim to slash plastic waste within a decade

Sports

Michael Schumacher’s New Documentary Film in the Works; Schumi’s Family to Provide Truthful Details Including F1 Legend’s Ski Accident

Manny Pacquiao 2019: Freddie Roach Reveals Why PacMan Isn’t Knocking Out People Anymore

Anthony Davis Trade Rumors: Lakers Unlikely to Land Pelicans Star; Celtics Remains Top Contender

Technical Analysis

FxWirePro: USDCAD trades lower on oil price surge, good to sell on rallies

FxWirePro: DAX trades lower on US-China trade tension, good to sell on rallies

FxWirePro: Buy EURUSD above 1.11750

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

2019-05-21 01:33:47
0m
CHINA'S YUAN OPENS TRADE AT 6.9094 PER DOLLAR VS LAST CLOSE AT 6.9133
2019-05-21 01:29:30
0m
CHINA CSI300 STOCK INDEX FUTURES OPENS + 0.46 PERCENT, TO 3,597.8 POINTS, - 19.6 POINTS FROM THE CURRENT VALUE OF THE UNDERLYING INDEX
2019-05-21 01:29:15
0m
CHINA'S CSI300 INDEX TO OPEN UP 0.1 PCT AT 3,619.44 POINTS
2019-05-21 01:29:02
0m
SHANGHAI COMPOSITE INDEX TO OPEN DOWN 0.1 PCT AT 2,867.71 POINTS
2019-05-21 01:25:08
0m
HK’S HANG SENG INDEX TO OPEN DOWN 0.4 PCT AT 27,671.40 POINTS
2019-05-21 01:18:18
0m
CHINA 7-DAY REPO OPENS AT 2.6500 PCT VERSUS 2.6931 PCT WEIGHTED AVERAGE PREVIOUS CLOSE
2019-05-21 01:04:00
0m
CORRECTED(OFFICIAL)-S.KOREA MAY 1-20 AVG EXPORTS PER WORKING DAY -15.0% Y/Y (NOT -11.7%) - CUSTOMS AGENCY
2019-05-21 01:03:32
0m
TAIWAN STOCKS OPEN DOWN 0.4 PCT AT 10,362.35 POINTS
2019-05-21 01:01:56
0m
SINGAPORE Q1 NON-OIL DOMESTIC EXPORTS -6.4 PCT Y/Y
2019-05-21 01:01:31
0m
SINGAPORE DOWNGRADES 2019 FORECAST FOR NON-OIL DOMESTIC EXPORTS TO -2.0% TO 0.0%
2019-05-21 01:00:34
0m
AUSTRALIA'S S&P/ASX 200 INDEX DOWN 0.43 PCT AT 6,448.10 POINTS IN EARLY TRADE
2019-05-21 01:00:03
0m
REUTERS POLL-AVERAGE CANADA HOUSE PRICE FORECAST TO RISE 1.7% NEXT YEAR AFTER STAGNATING IN 2019 BUT RISKS TILTED TO DOWNSIDE
2019-05-21 00:59:19
0m
SEOUL SHARES OPEN UP 0.06 PCT
2019-05-21 00:59:03
0m
SOUTH KOREAN WON OPENS ONSHORE TRADE AT 1,193.0 PER DOLLAR VS 1,194.2 AT PREVIOUS CLOSE
2019-05-21 00:58:37
0m
TOKYO'S NIKKEI SHARE AVERAGE OPENS DOWN 0.42 PCT AT 21,211.26
2019-05-21 00:57:58
0m
SINGAPORE Q1 FINANCE AND INSURANCE 4.6 PCT Q/Q AT ANNUALISED, SEASONALLY ADJUSTED RATE
2019-05-21 00:57:44
0m
SINGAPORE Q1 SERVICES 5.5 PCT Q/Q AT ANNUALISED, SEASONALLY ADJUSTED RATE
2019-05-21 00:57:43
0m
SINGAPORE Q1 SERVICES 5.5 PCT Q/Q AT ANNUALISED, SEASONALLY ADJUSTED RATE
2019-05-21 00:57:31
0m
SINGAPORE Q1 MANUFACTURING -7.1 PCT Q/Q AT ANNUALISED, SEASONALLY ADJUSTED RATE
2019-05-21 00:57:18
0m
SINGAPORE MTI REVISES 2019 GDP GROWTH FORECAST TO 1.5 TO 2.5 PCT (PREVIOUS FORECAST 1.5 TO 3.5 PCT)
Most Popular
1

FxWirePro: Buy EURUSD above 1.11750

2

FxWirePro: South Korean won trades marginally higher against euro in early Asia, sustained close below 1,327 requires for downside rally

3

Australian bonds plunge in muted trading ahead of RBA’s May monetary policy meeting minutes

4

GBPJPY trades extremely weak on Brexit uncertainty, dip till 138.60 likely

5

FxWirePro: Aussie bulls cheer centre-right government's surprise victory, AUD/USD extends gap-up open

6

FxWirePro: USD/SGD remains well supported below 1.3780 mark, short term trend reversal likely

7

FxWirePro: Japanese yen trades marginally lower after mixed economic data

8

FxWirePro: USD/JPY extends gains above 110 handle, finds stiff resistance at 21-EMA at 110.48

9

Bank Indonesia likely to be patient and make its move only in the second half of this year, says ANZ Research

10

U.S. Treasury yields flat in muted trading ahead of FOMC Chair Powell’s speech

Economics Monitor

May 21 00:00 UTC Released

SGGDP Final YY

Actual

1.2 %

Forecast

1.5 %

Previous

1.3 %

May 21 00:00 UTC Released

SGGDP Final QQ

Actual

3.8 %

Forecast

2.3 %

Previous

2 %

January 31 00:00 UTC 684107684107m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 684107684107m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 695927695927m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 684107684107m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 695927695927m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 684107684107m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 684107684107m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 684107684107m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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