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Mon, May 13, 2024 04:48 AM All times are UTC

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German bunds gain following lower-than-expected April Ifo business climate index

Apr 24, 2019 09:21 am UTC| Commentary Economy

The German bunds gained during European trading session Wednesday after the countrys Ifo business climate index for the month of April missed market expectations, also coming in lower than the previous reading in...

RBA likely to cut benchmark interest rate in May after inflation surprises to the downside, says ANZ Research

Apr 24, 2019 08:29 am UTC| Commentary Central Banks Economy

The Reserve Bank of Australia (RBA) is expected to cut the benchmark cash rate by 25 basis points at its monetary policy meeting in May, with another 25 bps cut likely to follow in August, according to the latest report...

NZ Q1 jobless rate likely to stabilize at 4.3 pct, near-term improvement unlikely on subdued GDP growth: ANZ Research

Apr 24, 2019 07:03 am UTC| Commentary Economy

New Zealands unemployment rate is expected to stabilize at 4.3 percent during the first quarter of this year; however, further improvement in the near term seems unlikely with GDP growth subdued, according to the latest...

JGBs jump at close tracking U.S. Treasuries, BoJ’s bond-buying operation

Apr 24, 2019 06:13 am UTC| Commentary Economy

The Japanese government bonds jumped at the time of closing Wednesday tracking a similar movement in the United States Treasuries amid a regular bond-buying operation conducted by the Bank of Japan (BoJ) earlier...

USD/SGD likely to range trade between 1.345 and 1.362 over coming weeks, says Scotiabank

Apr 24, 2019 04:39 am UTC| Commentary Economy

The USD/SGD currency pair is expected to range trade between 1.345 and 1.362 in the coming weeks, with the Singaporean dollar running an increasingly tight correlation with the CNH, while diverging somewhat from the EURs...

Australian 10-year yield plunges to 3-week low as disappointing inflation raises chances of RBA rate cut

Apr 24, 2019 03:44 am UTC| Commentary Economy

Australian 10-year government bond yield plunged to 3-week low during Asian trading session Wednesday following disappointment in the countrys consumer price inflation (CPI) data for the first quarter of this year, which...

U.S. Treasuries edge tad higher ahead of short-term 2-year, 5-year auctions

Apr 23, 2019 11:49 am UTC| Commentary Economy

The U.S. Treasuries edged tad higher during Mondays afternoon session ahead of todays short-term 2-year auction, scheduled to be held at 17:00GMT and 5-year auction, due tomorrow at the same time. The yield on the...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US student Gaza protests: five things that have been missed

Coverage of the recent student encampments at more than 50 universities across the United States has focused on confrontations between opposing groups of protesters or between protesters and police. The spectacle of...

Will Solomon Islands’ new leader stay close to China?

Former foreign minister Jeremiah Manele has been elected the next prime minister of Solomon Islands, defeating the opposition leader, Matthew Wale, in a vote in parliament. The result is a mixed bag for former prime...

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...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

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,...

Technology

Tesla's New Battery Chief Aims for Cost Cuts in Cybertruck, Model Y

Tesla recently parted ways with officials from several areas, including public policy, powertrain, and 4680 battery facility production. Bonne Egglestons Strategy for Reducing Battery Costs Elon Musk may have thought...

Transaction Fees on Shibarium Skyrocket 267%, Stunning Shiba Inu Community

Shibarium, the Layer-2 blockchain platform dedicated to the Shiba Inu community, has recorded a staggering 267% rise in transaction fees over the past day. This surge, highlighted by data from Shibariumscan, reflects...

Rumor: Samsung's Galaxy Z Fold 6 to Feature Advanced 'Battery AI'

Recent rumors have surfaced suggesting that Samsung may integrate its revolutionary Battery AI technology into the Galaxy Z Fold 6, aiming to significantly enhance battery efficiency. Galaxy Z Fold 6: A New Benchmark in...

Surge in Used Tesla Cybertruck Market Despite High Prices

Despite a significant recall affecting nearly all vehicles and a temporary production halt, the market for used Tesla Cybertrucks is thriving. Listings on major car-buying sites have surged, reflecting robust demand for...

'Extreme Rally' Predicted in Crypto by Top Trader for 2024

As the financial world braces for an extreme rally, top traders, including analyst Henrik Zeberg, forecast a booming phase for the cryptocurrency sector. With US stocks expected to peak later this year, Zebergs...