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Australian bonds plunge despite disappointment in September retail sales; RBA’s decision eyed

Nov 04, 2019 04:32 am UTC| Commentary Economy

The Australian government bonds plunged during Asian session of the first trading day of the week Monday even as investors remained disappointed on lower-than-expected rise in the countrys retail sales for the month of...

BoJ likely to keep policy rates unchanged through 2020, says Capital Economics

Oct 31, 2019 14:24 pm UTC| Commentary Economy Central Banks

The Bank of Japan (BoJ) is expected to keep policy rates unchanged throughout next year, after leaving on hold today and reiterated its readiness to ease policy if required, according to the latest research report from...

U.S. Treasury yields plummet on Fed rate cut hangover; weekly initial jobless claims eyed

Oct 31, 2019 11:48 am UTC| Commentary Economy

The U.S. Treasury yields plummeted during Thursdays afternoon session, following hangover effect from the Feds overnight monetary policy meeting, where it adopted a 25bp rate cut, albeit signalling a pause in months...

German bunds jump after eurozone October CPI expands at slower pace, Sep jobless rate steady

Oct 31, 2019 10:52 am UTC| Commentary Economy

The German bunds jumped during European session Thursday after the eurozones consumer price inflation (CPI) for the month of October expanded at a slower pace than that in September, albeit remaining in line with...

NZ Q3 unemployment rate likely to lift 0.3 ppt to 4.2 pct, reflecting below-trend economic growth, says ANZ Research

Oct 31, 2019 09:48 am UTC| Commentary Economy

New Zealands unemployment rate is expected to be lifted 0.3 percentage point to 4.2 percent in the third quarter of this year a bounce-back from Q2s strong 3.9 percent read and reflecting below-trend economic growth;...

EM Asian currencies likely to advance further on increasing optimism for US-China trade deal, says Scotiabank

Oct 31, 2019 09:11 am UTC| Commentary Economy

The emerging market Asian currencies are expected to advance further on increasing optimism for reaching a partial US-China trade deal and a high bar for future Fed rate hikes, according to the latest research report from...

Australia’s retail spending likely to rise modestly by 1.1 pct in Q3, says ANZ Research

Oct 31, 2019 08:01 am UTC| Commentary Economy

Australias Q3 2019 retail data is due out on Monday, November 4; it is expected to increase by 1.1 percent q/q, including 0.4 percent volume growth and 0.7 percent price growth. September is expected to do the quarters...

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Economy

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

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...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Politics

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

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...

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...

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...

Technology

Tesla Drivers Get $4k Off 2024 Chevy Blazer EV; Costco Auto Slashes Prices on New EVs

Tesla owners rejoice as Chevrolet rolls out an unprecedented $4,000 discount on the 2024 Blazer EV, open to Tesla drivers and a quirky list of EV owners. The electric vehicle market got more enticing with incentives...

Tesla Granted South Korean Emission Credit Trading Rights by Environmental Ministry

Ministry of Environments green light for Tesla to trade emission credits in South Korea marks a significant milestone, enabling the electric car giant to tap into a potentially lucrative market. With estimated credits...

US Lawmakers Push SEC for Bitcoin Options Trading Approval

In a bipartisan effort, US Representatives Mike Flood and Wiley Nickel have penned a letter to SEC Chair Gary Gensler, urging swift action in approving options trading for Bitcoin exchange-traded products (ETPs). Amid...

Solana's Future Anchored in Four Key Pillars, Developer Outlines Strategy

Vibhu Norby, CEO of Drip Haus, has outlined four essential pillars to define Solanas path forward amid a dynamic period of growth and challenges in the blockchain space. Key Strategies for Solanas Scaling and User...

Shiba Inu Magazine Details Upcoming Shibarium Hard Fork Enhancements

Shiba Inu (SHIB) lovers will get a full description of the highly anticipated Shibarium hard fork in the most recent issue of The Shib magazine. On International Workers Day, the magazine begins with a rallying cry for the...