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Wed, May 15, 2024 02:59 AM All times are UTC

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Asia Roundup: Japanese yen remains almost unchanged after housing starts, construction orders data; Asian markets flat, gold supported above $1,500 mark - Thursday, December 26, 2019

Dec 26, 2019 06:36 am UTC| Market Roundups

Market Roundup Japans construction orders stands at -1.2 pct vs 6.4 pct previous release. Japans housing starts stands at -12.7 pct vs -7.4 pct previous release (expected -8.1 pct). Singapores industrial...

Asia Roundup: Japanese yen remains almost unchanged after BOJ’s monetary policy meeting minutes, core CPI data; Asian markets flat on festive mood, gold hovers around $1,490 mark - Tuesday, December 24, 2019

Dec 24, 2019 06:37 am UTC| Market Roundups

Market Roundup Japans core CPI stands at 0.2 pct vs 0.3 pct previous release (expected 0.3). Gold hits fresh 7 week high at $1,491 mark. Silver rises remarkably in early Asia, hits highest level since Nov...

America’s Roundup: Dollar steady before holidays, sterling slips on Brexit worries, Wall Street gains, Gold firms, Oil steadies as Russia touts easing OPEC+ output-December 24th,2019

Dec 23, 2019 21:38 pm UTC| Market Roundups

Market Roundup U.S. durable goods data come in weaker than forecast U.S. new home sales rebound, lifts yields US Nov Chicago Fed National Activity 0.56, -0.76 previous US Nov Core Durable Goods Orders (MoM)...

Asia Roundup: Aussie rises noticeably against major peers, Asian markets mixed, gold touches $1,483 mark - Monday, December 23, 2019

Dec 23, 2019 06:49 am UTC| Market Roundups

Market Roundup Australias private sector credit stands at 0.1 pct vs 0.1 pct previous release (expected 0.2 pct). Japans all industries activity m/m stands at -4.3 pct vs 1.9 pct previous release. PBOC...

America's Roundup: Dollar firms, set for best week since early November, Wall Street ends higher,Gold muted, Oil prices sink but on track for third weekly rise on trade hopes-December 21st, 2019

Dec 20, 2019 21:20 pm UTC| Market Roundups

Market Roundup USTreasury yields rise on growth outlook U.S.-China trade tension easing lifts oil demand prospects Sterling heads for worst week since late 2017 Canada Oct New Housing Price Index (MoM)...

Europe Roundup: Cable pauses downside on upbeat UK Q3 Final GDP data, focus on Brexit vote; DXY extends gains ahead of US GDP and Core PCE Price index; Gold muted; European stocks resume rally - Friday, December 20th 2019

Dec 20, 2019 12:04 pm UTC| Market Roundups

Market Roundup Oil declines but set for third weekly rise Global outlook sombre for late-cycle expansion despite market joy - Reuters poll UK economys growth in third-quarter revised up, smallest current...

Asia Roundup: Japanese yen remains almost unchanged after national CPI data, Asian markets flat, gold hovers around $1,480 mark - Friday, December 20, 2019

Dec 20, 2019 06:35 am UTC| Market Roundups

Market Roundup Japans national CPI y/y stands at 0.5 pct vs 0.2 pct previous release. Japans national core CPI y/y stands at 0.5 pct vs 0.4 pct previous release (expected 0.5 pct). U.K.s GFK consumer...

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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...

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,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

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...

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...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US student Gaza protests: five things that have been missed

Coverage of the recent student encampments at more than 50 universities across the United States has focused on confrontations between opposing groups of protesters or between protesters and police. The spectacle of...

Will Solomon Islands’ new leader stay close to China?

Former foreign minister Jeremiah Manele has been elected the next prime minister of Solomon Islands, defeating the opposition leader, Matthew Wale, in a vote in parliament. The result is a mixed bag for former prime...

Science

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...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

GPT-4o Isn't Going to Kill Teaching or Customer Service, Experts Say

On May 13, OpenAI unveiled GPT-4o, showcasing its advanced speech and emotion detection, stirring debates on AIs impact on jobs. OpenAIs GPT-4o Uses Real-Time Cameras, Raising Concerns About Job Security in Various...

Joe Biden Hikes Tariffs on Chinese EVs, Solar Cells, Steel, Aluminum, and Snipes at Donald Trump

On May 14, President Joe Biden announced new tariffs on Chinese EVs, solar cells, and steel, intensifying U.S.-China trade tensions and taking a jab at Donald Trump. Biden Criticizes Chinese Government Subsidies,...

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...