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Wed, May 15, 2024 08:39 AM All times are UTC

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Asia Roundup: Chinese yuan falls in early Asia as Caixin manufacturing PMI data misses expectations, Asian markets mixed, gold up - Thursday, January 02, 2020

Jan 02, 2020 07:06 am UTC| Market Roundups

Market Roundup Chinas Caixin manufacturing PMI stands at 51.5 vs expected 51.7 pct (previous 51.8). South Koreas manufacturing PMI stands at 50.1 vs 49.4 pct previous release. Taiwans manufacturing PMI...

America’s Roundup : Dollar dips, set for smallest annual gain in 6 years,Wall Street dips,Gold gains,Oil falls but on track for biggest yearly rise since 2016-January 1st,2020

Dec 31, 2019 17:52 pm UTC| Market Roundups

Market Roundup] Russia Dec CPI (YoY) 3.0%,3.1% forecast, 3.5% previous Russia Dec CPI (MoM) 0.4%, 0.4% forecast 0.3% previous US Redbook (YoY) 7.8%, 6.2% previous US Redbook (MoM) -2.8%,-3.4% previous ...

Asia Roundup: Japanese yen hits fresh 3 – week high at 108.62 mark, most Asian markets remain closed in observance of New Year’s evening, gold jumps above $1,520 mark - Tuesday, December 31, 2019

Dec 31, 2019 07:05 am UTC| Market Roundups

Market Roundup South Koreas manufacturing BSI index y/y stands at 75 vs 74 pct previous release. South Koreas CPI stands at 0.7 pct vs 0.2 pct previous release (expected 0.6). Chinas manufacturing PMI...

Asia Roundup: Aussie hits fresh 5 – month high at $0.6999 mark, Asian markets mixed, gold stabilizes above $1,510 mark - Monday, December 30, 2019

Dec 30, 2019 07:17 am UTC| Market Roundups

Market Roundup South Koreas industrial production y/y stands at -0.3 pct vs -2.1 pct previous release (expected -1.4). South Koreas retail sale stands at 3.0 pct vs -0.4 pct previous release. Economic...

America’s Roundup: Dollar retreats as risk appetite returns at year-end,Wall Street's festive rally pauses, Oil hits three-month high on falling oil stocks, investor optimism-December 28th,2019

Dec 27, 2019 21:39 pm UTC| Market Roundups

Market Roundup US Wall Street opens at record high Brazil Nov Bank lending (MoM) 1.1%,0.3%previous US Natural Gas Storage-161B, -148B forecast, -107B previous US Crude Oil Inventories -5.474M, -1.724M...

Asia Roundup: Japanese yen rises on mixed economic data, most Asian markets in green, gold touches $1,513 mark in Asian hours - Friday, December 27, 2019

Dec 27, 2019 06:27 am UTC| Market Roundups

Market Roundup Japans Tokyo core CPI y/y stands at 0.8 pct vs 0.6 pct previous release (expected 0.6). Japans unemployment rate stands at 2.2 pct vs 2.4 pct previous release (expected 2.4). Japans prelim...

America’s Roundup: Dollar gains against safe-haven yen on moderate 'risk on' sentiment, Wall Street gains, Gold rises above $1,500 level, Oil up 1% at highest since Sept -December 27th,2019

Dec 26, 2019 20:11 pm UTC| Market Roundups

Market Roundup Sterling back under pressure near $1.29 Russia Central Bank Reserves (USD) 549.0B, 548.7B previous U.S.Continuing Jobless Claims 1,719K, 1,725K previous U.S.Initial Jobless Claims222K, 224K...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

If the RBA’s right, interest rates may not fall for another year. Here’s why.

The Reserve Bank is now assuming Australians will see no interest rate cuts this year and quite possibly none before the next federal election, due next May. Thats a big change compared to just three months ago. Back...

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,...

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...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

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...

Science

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

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...

Technology

BYD Launches Shark Hybrid Pickup in Mexico, Eyes New Factory Amid US Tariff Hike

BYD has introduced its Shark hybrid pickup truck to the Mexican market, with plans for a new factory, aiming to bolster its North American footprint despite recent U.S. tariff hikes on Chinese electric vehicles. BYDs...

Important Shiba Inu Metric Explodes by 2,300% as SHIB Price Rises: Details Inside

Important Shiba Inu metric explodes by 2,300% as the SHIB price rises. Shiba Inu adoption continues to grow, with users now able to book Airbnb and buy Nike clothes via SHIB. Shiba Inus Daily Volume Surges 2,300%,...

Pepe Coin Reaches New ATH as Smart Money Moves 250.5B PEPE Tokens

Pepe currency has emerged as one of the most promising cryptocurrencies in the meme coin industry this year, recently reaching a new all-time high. Despite the turmoil in the broader crypto market, the coin has defied...

Analysts Predict Bitcoin (BTC) Surge to $70K Soon, Here’s Why

Despite a rise beyond $63,000 on May 13, Bitcoins price has fallen to $61,500 today (May 14). One cause for the drop could be Coinbases operating troubles. System Outage on US-Based Exchange Repairs, Analysts Predict...

1.5 Trillion Shiba Inu (SHIB) Transacted in 24 Hours: Is a Comeback Imminent?

Shiba Inu has seen 1.5 trillion SHIB tokens move in huge deals over the previous 24 hours. These whale-tier transactions take place during a significant volume rise in the market over the last 48 hours. Shiba Inu may...