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Sun, Jun 02, 2024 04:04 AM All times are UTC

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Philippines' persisting weather risks to impact inflation?

Aug 05, 2015 06:39 am UTC| Commentary

While near-term inflationary pressures look manageable, drier-than-normal weather conditions could affect agriculture production, which may risk stoking inflation.There are already signs that rice planting in the...

Indonesia public spending rebound sets stage for stronger H2

Aug 05, 2015 06:35 am UTC| Commentary

Indonesias economy posted 4.67% year on year growth in Q2. On a seasonally adjusted q/q basis, Q2 growth quickened to 1.4% from 0.8% in Q1. Consensus expected the economy to grow at 4.64%. Overall, the growth was driven by...

Philippines BSP unlikely to ease policy conditions

Aug 05, 2015 06:34 am UTC| Commentary

Low inflation will not necessarily lead BSP to ease policy conditions. With growth activity levels stable, the BSP is comfortable with the policy stance."While recent comments from the central bank indicate a calibrated...

Russia July inflation rises due to utility price adjustments

Aug 05, 2015 05:56 am UTC| Commentary

Russia inflation accelerated to 15.6% y/y in July from 15.3% in June. Utility prices are now normally adjusted in July. Because of the RUB sell-off over the past year and the concomitant acceleration in inflation, the...

RBNZ to cut rates further

Aug 05, 2015 05:46 am UTC| Commentary

Todays NZ labour market data was a little softer than markets expected. After the data was released the NZD dropped by 25 points, while the 2-year swap rate fell 1 basis point. Todays data reinforces the expectations...

Outlook for NZ wage growth still subdued

Aug 05, 2015 05:43 am UTC| Commentary

NZ wage inflation has remained stubbornly low. The private sector LCI (including overtime) rose by 0.5% in the March quarter, to be up 1.8% for the year. The broader QES measure of wage inflation did pick up to 3.2%. But...

Japan’s CPI calculation to be revised due to periodical base revision

Aug 05, 2015 05:38 am UTC| Commentary

The Statistics Bureau revises Japans CPI periodically (every five years for a base revision, in years that end in 0 or 5), as it reconsiders the items employed in calculating CPI and their weighting. Consumption patterns...

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Economy

Will government investment make green hydrogen a reality in Australia?

In the budget last week, the government was keen to talk about its efforts to turn Australia into a renewable superpower under the umbrella of the Future Made in Australia policies. Future Made is a framework that sets...

Small businesses can help South Africa fight unemployment if they get proper support – study

South Africa has an alarming unemployment rate of approximately 32.1%. Solutions have been elusive. The unemployment rate has been consistently high for decades. Our research has revolved around entrepreneurship. We...

Australia is set to ban live sheep exports. What will this mean for the industry?

This month the federal government announced a plan to ban live sheep exports, set to come into effect from May 1 2028. The announcement coincided with the release of a highly anticipated report by an independent panel...

Latest inflation figures are good news

The U.S. economy is slowing, but not crashing. In the dismal science, this is what counts as good news. Thats the message I took away from the latest inflation data, released May 15, 2024, which showed U.S. consumer...

The budget is full of good news, but good news isn’t the same as good management

This years budget has something for everyone, with very little in the way of cuts and no new taxes. Its a classic good news pre-election budget. Whether it is too good to be true hinges on whether this budget...

Politics

Why the US government is intervening in the live music business and could break up Live Nation Entertainment – a music industry scholar explains

The U.S. Justice Department, along with 29 states and the District of Columbia, have filed an antitrust lawsuit against Live Nation Entertainment, the parent company of Ticketmaster. The lawsuit alleges that Live Nation...

6 ways to foster political discourse on college campuses

With deep divisions on college campuses most recently over the conflict in the Gaza Strip and Israel many observers fear that universities are not places where students can discuss divisive issues with people who...

How Iran selects its supreme leader

The sudden death of President Ebrahim Raisi is unlikely to drastically alter Irans foreign and domestic policies, but it has left a power vacuum. As stipulated by the constitution, Raisi was replaced by his first vice...

Why the upcoming South African election a massive milestone for the ruling ANC

South Africans governing party, the African National Congress (ANC), is in trouble. After 30 years in charge, it is scrambling for support ahead of the upcoming national elections. The ANC has run the country since the...

How Modi is using TV, film and social media to sway voters in India’s election

As the worlds largest electorate goes to the polls in India, political parties are seeking to sway voters through popular culture, like film. Although cinema has long reflected and influenced the countrys political and...

Science

Ancient DNA from an extinct native duck reveals how far birds flew to make New Zealand home

Ask a bird lover if they have heard of the extinct giant moa or its ancient predator, Haasts eagle, and the answer will likely be yes. The same cant be said of New Zealands extinct, but equally unique, mergansers a group...

Black holes are mysterious, yet also deceptively simple − a new space mission may help physicists answer hairy questions about these astronomical objects

Physicists consider black holes one of the most mysterious objects that exist. Ironically, theyre also considered one of the simplest. For years, physicists like me have been looking to prove that black holes are more...

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

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...

Technology

Hyundai IONIQ 5 Leads US Production with $7,500 Tax Credit; Chevy Offers No Payments on Equinox, Blazer EVs

Chevy offers no payments on Equinox and Blazer EVs for 120 days, but heres the deal. Meanwhile, Hyundai IONIQ 5 to lead US production at the new EV plant with a $7,500 tax credit in sight. Chevrolet Launches Equinox and...

Ripple CEO Predicts Unavoidable Launch of XRP ETF at Consensus 2024

At Consensus 2024, Ripple CEO Brad Garlinghouse declared that XRP ETFs are inevitable, anticipating the cryptocurrency markets growth to $5 trillion, fueled by recent spot Bitcoin and Ether ETF approvals. Garlinghouse...

US President Joe Biden Vetoes SAB 121 Repeal, Sparks Crypto Industry Backlash

President Joe Biden vetoed the repeal of SECs SAB 121, prioritizing investor and consumer welfare, sparking significant controversy in the cryptocurrency industry. Bidens Veto on SECs Crypto Accounting Bulletin Faces...

Oklahoma Senate Approves Tax Breaks for Bitcoin and Crypto Mining Operations

The Oklahoma Senate has passed House Bill 1600, which provides tax exemptions for Bitcoin and cryptocurrency mining. The bill aims to bolster the states blockchain industry and economy. Oklahoma Senate Approves House...

Kia EV9 American Production Starts in Georgia, Qualifying for Federal Tax Credit Up to $7,500

Although the three-row Kia EV9 has been a huge success up to this point, it does have one significant drawback: because it is manufactured in Korea, it is not eligible for a tax credit of up to $7,500 unless it is obtained...