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America's Roundup: Dollar index rallies ahead of Wednesday FOMC announcement, Wall Street edges higher, Gold dips, Oil mixed as OPEC cites uncertain market outlook for 2018-June 13th, 2018

Jun 12, 2018 20:33 pm UTC| Market Roundups

Market Roundup With rate hike in the bag, focus turns to Feds policy language . In stunning summit concession, Trump says he will halt Korea war games. Britains May defeats rebellion in parliament over Brexit...

Europe Roundup: Sterling steadies despite weaker labour data, euro trims gains following weaker-than-expected German economic sentiment, European shares off-highs - Tuesday, June 12th, 2018

Jun 12, 2018 11:38 am UTC| Market Roundups

Market Roundup EUR/USD 0.11%, USD/JPY 0.11%, GBP/USD 0.17%, EUR/GBP -0.06% DXY -0.06%, DAX -0.14%, FTSE -0.4%, Brent 0.39%, Gold -0.12% Trump, Kim agree on denuclearisation, but deal seen...

Asia Roundup: Aussie gains despite deteriorating business conditions, dollar near 3-week peak against yen following Trump-Kim historic summit, Asian shares volatile - Tuesday, June 12th, 2018

Jun 12, 2018 06:47 am UTC| Market Roundups

Market Roundup Trump, Kim pile on charm at summit, but no word on progress Trump economic adviser Kudlow in good condition after heart attack In Brexit showdown, British PM May faces issue of meaningful...

America's Roundup: Dollar slightly higher ahead of central bank meetings, N.Korea summit, U.S. stocks edge higher, Gold steady, Oil near flat as OPEC supply hike appears less certain-June 12th,2018

Jun 11, 2018 20:19 pm UTC| Market Roundups

Market Roundup Trump upbeat ahead of N.Korean summit; Kim visits Singapore sites. Kim set a deadline for ending summit, prompting earlier exit by Trump Bloomberg. Fair trade, fool trade, Trumps tweets spew ire...

Europe Roundup: Sterling slumps on weaker-than-expected factory output, euro rallies on EBC stimulus speculation, European shares surge- Monday, June 11th, 2018

Jun 11, 2018 11:33 am UTC| Market Roundups

Market Roundup EUR/USD 0.24%, USD/JPY 0.42%, GBP/USD -0.31%, EUR/GBP 0.55% DXY 0.01%, DAX 0.48%, FTSE 0.7%, Brent -0.94%, Gold -0.18% N.Korean, U.S. officials air differences on eve of summit; Trump stays...

Europe Roundup: Sterling slumps on weaker-than-expected factory output, euro rallies on EBC stimulus speculation, European shares surge- Monday, June 11th, 2018

Jun 11, 2018 11:33 am UTC| Market Roundups

Market Roundup EUR/USD 0.24%, USD/JPY 0.42%, GBP/USD -0.31%, EUR/GBP 0.55% DXY 0.01%, DAX 0.48%, FTSE 0.7%, Brent -0.94%, Gold -0.18% N.Korean, U.S. officials air differences on eve of summit; Trump stays...

Asia Roundup: Antipodeans consolidate below recent peaks, dollar index declined amid renewed worries on global trade, investors await US-N. Korea summit - Monday, June 11th, 2018

Jun 11, 2018 06:56 am UTC| Market Roundups

Market Roundup North Korean, U.S. officials try narrowing differences on eve of Trump-Kim summit U.S.-Canada dispute escalates after tense G7; Trump renews criticism of Trudeau North Korea seen looking to...

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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...

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...

What if the Reserve Bank itself has been feeding inflation? An economist explains

Heres something for the board of the Reserve Bank of Australia to ponder as it meets next month to set interest rates. It has pushed up rates on 13 occasions since it began its attempt to restrain inflation in May...

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

SHIB Burn Rate Soars 88% Following Major Shibarium Upgrade Announcement

Following a crucial upgrade announcement for Shibarium, Shibburn reports a dramatic 88.32% increase in the SHIB burn rate, removing millions from circulation and significantly boosting Shiba Inu coin holders. SHIB...

Solana Co-Founder Clashes with Vitalik Buterin, Champions Meme Coin Culture

In a bold social media move, Solanas co-founder Raj Gokal defended meme coins and subtly critiqued Ethereums Vitalik Buterin, stirring controversy in the crypto community. Solanas Gokal Defends Meme Coins, Warns...

Tesla Model 3 Performance Price Surges Days After Debut, Cybertruck Powershare Costs Skyrocket

Just days after Tesla released its Model 3 Performance, the company increased its price by $1,000. Meanwhile, a Tesla Cybertruck owner faces a staggering $30,000 quote for a Powershare installation, which would enable his...

Apple Partners with OpenAI for On-Device AI in iOS 18, Enhancing Privacy

Apple Inc. has reignited discussions with OpenAI to integrate advanced AI features into iOS 18, utilizing large language models entirely on-device. According to a Bloomberg report, this move promises to significantly...
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