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Europe Roundup: Sterling rebounds after EU court adviser says Britain can revoke Brexit unilaterally, dollar slumps across the board as U.S. Treasury yields plunge, European shares tumble - Tuesday, December 4th, 2018

Dec 04, 2018 11:24 am UTC| Market Roundups

Market Roundup Eurozone Oct 2018 producer prices yy increase to 4.9 % (forecast 4.5 %) vs previous 4.6 % (revised from 4.5 %) Eurozone Oct 2018 producer prices mm increase to 0.8 % (forecast 0.5 %) vs previous...

Asia Roundup: Aussie steadies as RBA stands pat, greenback eases as U.S. Treasury yields slump, Asian shares tumble over U.S.-China trade tensions - Tuesday, December 4th, 2018

Dec 04, 2018 06:33 am UTC| Market Roundups

Market Roundup U.S. expects immediate action from China on trade commitments Trump urges full sentence for his ex-lawyer Cohen in Russia probe Treasury yields extend decline, 2-yr/10-yr spread at new...

America's Roundup: Sterling slumps to five-week low on Brexit nerves, Wall Street rallies, Gold gains, Oil surges almost 4 pct on trade truce, expected supply cuts-December 4th,2018

Dec 03, 2018 21:31 pm UTC| Market Roundups

Market Roundup China made more than $1.2 trillion trade commitments Mnuchin. White House Economic Adviser Kudlow expects Chinas tariffs on U.S. autos to fall to zero. White House Economic Adviser Kudlow says he...

Europe Roundup: Sterling at 1-month low on renewed Brexit deal concerns, euro rallies on better-than-expected EZ manufacturing PMI, European shares surge - Monday, December 3rd, 2018

Dec 03, 2018 11:35 am UTC| Market Roundups

Market Roundup United Kingdom Nov 2018 Markit/CIPS manufacturing PMI increase to 53.1 diff.idx (forecast 51.8 diff.idx) vs previous 51.1 diff.idx Eurozone Nov 2018 Markit manufacturing final PMI increase to 51.8...

Cryptocurrency Brief: Bitcoin wipes out weekend gains, altcoins follow suit, Japan’s FSA to introduce new regulations for ICOs – Monday, December 03

Dec 03, 2018 11:16 am UTC| Commentary Economy Digital Currency Market Roundups

BTC/USD: Bitcoin prices have almost wiped out the weekend gains, only to witness a major selling pressure across the board, with total capitalization being pushed back down to $130 billion again. At the time of writing,...

Asia Roundup: Antipodeans at multi-month peak on China-U.S. trade truce, oil rallies on production cut speculation, investors await EZ finance ministers' budget meeting - Monday, December 3rd, 2018

Dec 03, 2018 06:51 am UTC| Market Roundups

Market Roundup China media welcomes U.S. trade truce, markets surge G20 sealed landmark deal on WTO reform by ducking taboo words China, U.S. declare 90-day halt to new tariffs - White House Britains...

America's Roundup: Dollar higher as trade talks between U.S. and China take focus, Wall Street ends higher, Gold dips, Oil drops; losses limited by hopes of OPEC, Russia output cut -December 1st,2018

Nov 30, 2018 22:02 pm UTC| Market Roundups

Market Roundup Chinese official says consensus steadily increasing in U.S. trade talk. Progress made on trade component of G20 statement - Argentine minister. Feds Williams warns inflation expectations could...

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Economy

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Why is the London Stock Exchange losing out to the US

London Stock Exchange (LSE), which can trace its heritage to the coffee houses of the 17th century, is failing. The volume of shares traded is sharply declining, and some UK companies are swiftly moving to the US...

Why Germany ditched nuclear before coal – and why it won’t go back

One year ago, Germany took its last three nuclear power stations offline. When it comes to energy, few events have baffled outsiders more. In the face of climate change, calls to expedite the transition away from fossil...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

Turkey’s suppression of the Kurdish political movement continues to fuel a deadly armed conflict

The world has 91 democracies and 88 autocracies. Yet 71% of the worlds population (some 5.7 billion people) are living under autocratic rule, a big jump from 48% ten years ago. This trend towards authoritarianism can...

Science

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,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

Traders Forecast Best Altseason Since 2017 as Bitcoin Momentum Cools

As Bitcoin stabilizes above $64,000, traders forecast a burgeoning altcoin market that may mirror the explosive growth last seen in 2017. Bitcoin Rebounds Over Weekend, Traders Anticipate Potential Altcoin...

MicroStrategy's Bold Strategy Pays Off: Stock Skyrockets Amid Bitcoin Fluctuations

Despite the cryptocurrencys volatility, MicroStrategys stock soared by an impressive 461.7% over the past year, buoyed by strategic investments in Bitcoin and innovative debt management. MicroStrategy Triumphs: Stock...

Elon Musk in Beijing to Propel Tesla's Self-Driving Tech in China

Tesla CEO Elon Musk unexpectedly visited Beijing on Sunday to discuss launching Teslas Full Self-Driving technology in China and navigate data transfer policies amidst heightened US-China trade collaborations. Elon Musk...

Bitcoin Miners See Sharp Drop in Fee Revenue Following Halving Event

Following the recent Bitcoin halving, transaction fees, which once soared, now represent just 35% of miner revenue, significantly impacting their earnings amidst stable network conditions. Bitcoin Halving Sees Miner...

Adidas and Stepn Unveil NFT Sneakers in Trailblazing Web3 Partnership

Adidas has partnered with the Solana-based fitness app Stepn to launch an exclusive NFT sneaker collection, signaling the sports giants further dive into the Web3 space. Adidas Steps Into Web3 with Stepn Collaboration,...