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Banking Royal Commission's damning report: 'Things are so bad that new laws might not help'

Sep 30, 2018 21:48 pm UTC| Insights & Views Law

Royal Commissioner Kenneth Hayne has identified greed as the key reason banks and other financial institutions repeatedly broke the law, along with an inability to manage and repeated decisions by the Securities and...

Speaking out about sexual violence on social media may not challenge gendered power relations

Sep 30, 2018 21:47 pm UTC| Insights & Views Law

Feminists are celebrating a new generation of women who fearlessly share their stories of sexual violence on social media and other digital platforms, confronting established limits on talking about rape. But as past...

Lessons learned from the Essendon air crash: the importance of pilot checklists

Sep 30, 2018 21:47 pm UTC| Insights & Views

One of the issues raised in the investigation of a Melbourne air crash that killed five people was the importance of pilots sticking to any pre-flight checklists. Pilot Max Quartermain and four American tourists died...

Logic puzzle: can you solve this baffling Brexit conundrum?

Sep 30, 2018 21:47 pm UTC| Insights & Views

At a party, the host arranges the guests in a circle and sticks a post-it note onto each of their foreheads. Each guest can see whats written on everyone elses post-it, but not their own. You are all Brexit negotiators,...

Want to be happy? Then live like a Stoic for a week

Sep 30, 2018 21:46 pm UTC| Insights & Views Life

What have the Romans ever done for us? Well, obviously the roads the roads go without saying. How about guidance for how to live in the 21st century? That seems less likely, but in fact the last few years have seen a...

Royal Commission shows banks have behaved appallingly, but we've helped them do it

Sep 30, 2018 21:46 pm UTC| Insights & Views Economy

The term deposit has matured. Initial scepticism over the timing, scope, and overall need for a royal commission into financial services has transformed into deep concern about the culture and practices in one of our most...

FxWirePro: Delta-hedged EUR/CNH risk-reversals conducive amid US/China trade turmoil

Sep 28, 2018 14:06 pm UTC| Research & Analysis Insights & Views

The US/China trade conflict escalated this week when the US announced tariffs on $200bn of Chinese goods. Policymaker intent to stabilize CNY sentiment however meant that USDCNH remained more or less unmoved by this...

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Economy

MOEX Russia Index Closes Flat as Gold Surges and Ruble Strengthens

Russian stocks ended Saturdays session little changed, with the MOEX Russia Index closing flat at 0.00% on the Moscow Exchange. Market activity remained subdued, reflecting a balanced performance across major sectors as...

ECB Expands Euro Liquidity Backstop to Strengthen Global Role of the Euro

The European Central Bank (ECB) has unveiled plans to permanently expand access to its euro liquidity backstop, opening the facility to central banks worldwide in a strategic move to reinforce the euros international...

U.S. Inflation Cools in January as Gas Prices Fall, Core CPI Signals Sticky Price Pressures

U.S. consumer prices rose less than expected in January, offering modest relief to households as gasoline and rental costs eased. However, persistent increases in service-related expenses suggest the Federal Reserve may...

U.S. Stocks End Mixed as January CPI Cools, Treasury Yields Slide

U.S. stocks closed mixed on Friday after a volatile trading session, as investors reacted to softer-than-expected January CPI data and falling Treasury yields. The SP 500 finished flat at 6,835.08, while the Dow Jones...

Asian Currencies Slip as Dollar Stabilizes Ahead of U.S. CPI Data

Asian currencies edged lower on Friday as the U.S. dollar steadied, with traders closely monitoring upcoming U.S. consumer price index (CPI) data for signals on the Federal Reserves interest rate outlook. Despite the daily...

Politics

Trump’s Bad Bunny Super Bowl Criticism Sparks Concern Among Latino Republicans Ahead of Midterms

President Donald Trumps criticism of Puerto Rican superstar Bad Bunnys Super Bowl halftime show is raising concerns among Republican strategists and Latino leaders as the party heads into crucial congressional elections....

Vietnam Approves SpaceX Starlink Satellite Internet Service Amid U.S. Trade Talks

Vietnam has officially granted SpaceX permission to deploy its Starlink satellite internet service in the country, marking a significant step in expanding high-speed connectivity across Southeast Asia. According to state...

Reza Pahlavi Urges U.S. Military Intervention as Iran Nuclear Talks Continue

Iranian opposition figure Reza Pahlavi has called for potential U.S. military intervention in Iran, arguing that decisive action could save lives and accelerate political change. Speaking to Reuters on the sidelines of the...

Zelenskiy Urges Serious U.S.-Brokered Peace Talks as Ukraine Faces Pressure Over Concessions

Ukrainian President Volodymyr Zelenskiy said he hopes upcoming U.S.-brokered peace talks in Geneva will deliver meaningful progress toward ending the war, while raising concerns that Ukraine is being asked too frequently...

Trump, Netanyahu Push to Curb Iran Oil Exports to China Amid Rising Nuclear Tensions

President Donald Trump and Israeli Prime Minister Benjamin Netanyahu have agreed to intensify efforts to curb Irans oil exports to China, according to a report by Axios citing senior U.S. officials. The decision followed a...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Anduril Eyes $60 Billion Valuation in New Funding Round to Expand Defense Manufacturing and Autonomous Fighter Jet Development

U.S. defense technology firm Anduril Industries is reportedly in discussions to raise billions of dollars in fresh funding at a valuation of at least $60 billion, according to a recent report by The Information citing...

Grok AI Market Share Surges as xAI Faces Scrutiny Over Image Generation Controversy

Elon Musks AI chatbot Grok is rapidly gaining traction in the U.S., even as it faces mounting global criticism over the generation of non-consensual and sexualized AI images. According to data from app intelligence firm...

Lockheed Martin Secures $101M in U.S. Defense Contracts for AEGIS, F-35, and Missile Systems

Lockheed Martin has been awarded three U.S. Department of Defense contracts worth approximately $101 million, reinforcing its role as a leading defense contractor in advanced military systems, fighter jet support, and...

GE Aerospace Expands Singapore Engine Repair Hub with Automation and AI to Tackle Aviation Bottlenecks

GE Aerospace is accelerating automation and AI-driven innovation at its Singapore engine repair hub as global airlines grapple with maintenance delays, parts shortages, and extended turnaround times. At the center of this...

U.S. Commerce Department Reaches $252 Million Settlement With Applied Materials Over China Exports

The U.S. Department of Commerce has announced a $252 million settlement with Applied Materials, resolving allegations that the semiconductor equipment maker illegally exported U.S. chip manufacturing technology to China....