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Fri, May 10, 2024 03:23 PM All times are UTC

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USD/KRW likely to stay firm amid continued dividend payout BoK’s potential dovish stance, says Scotiabank

Apr 17, 2019 06:31 am UTC| Commentary Economy

The USD/KRW currency pair is expected to stay firm and rally through 1,140 the rest of this week amid continued dividend payout and a potential dovish stance of the Bank of Korea (BoK), according to the latest research...

Australian bonds plunge tracking U.S. Treasuries on rise in risk appetite ahead of March employment report

Apr 17, 2019 05:03 am UTC| Commentary Economy

Australian government bonds plunged during Asian session Wednesday tracking a similar movement in the United States Treasuries as investors risk appetite improved following solid earnings report in the U.S. Investors...

U.S. Treasuries remain nearly flat ahead of March industrial production data, FOMC member Kaplan’s speech

Apr 16, 2019 11:47 am UTC| Commentary Economy

The U.S. Treasuries remained nearly flat on the second trading day of the week Tuesday ahead of todays industrial production data for the month of March, due for release at 13:15GMT and FOMC member Kaplans speech, also due...

Chinese economy likely to advance 6.3 pct in Q1 2019, down from 6.4 pct in Q4 2018: DBS Group Research

Apr 16, 2019 10:31 am UTC| Commentary Economy

The Chinese economy is expected to advance 6.3 percent during the first quarter of this year, down from 6.4 percent in the last quarter of 2018, with some early signs of a stabilization, according to the latest report from...

German bunds slide after April ZEW economic sentiment rebounds; eyes on Eurozone March CPI data

Apr 16, 2019 09:50 am UTC| Commentary Economy

The German bunds slid during European trading session Tuesday after the countrys ZEW economic sentiment data for the month of April rebounded; investors will now keep an eye over eurozones consumer price inflation (CPI)...

JGBs close higher as investors await March trade balance, February industrial production data

Apr 16, 2019 07:08 am UTC| Commentary Economy

The Japanese government bonds closed higher Tuesday ahead of the countrys trade balance data for the month of March and industrial production data for the month of February, scheduled to be released today and on April 17...

Continued rises in India’s foreign reserves likely to slow pace of INR appreciation when USD/INR trades at major support level, says Scotiabank

Apr 16, 2019 06:17 am UTC| Commentary Economy

Continued rises in Indias foreign reserves is expected to slow the pace of the INR appreciation when the USD/INR currency pair is trading at around a major support level, according to the latest research report from...

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Economy

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...

US long-term care costs are sky-high, but Washington state’s new way to help pay for them could be nixed

If you needed long-term care, could you afford it? For many Americans, especially those with a middle-class income and little savings, the answer to that question is absolutely not. Nursing homes charge somewhere...

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 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...

US election: why it’s not the protesters’ votes that the Democrats should worry about

As hundreds of New York police officers in riot gear were called in to clear away a student protest at Columbia University on Tuesday night, the university president Nemat Shafik was saying she had no choice but to take...

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

South Korea Backs Naver in Business Rift with Japan Over Line App

In response to Japanese regulatory pressure, South Korea has affirmed its commitment to defend its businesses, particularly Naver, as tensions over Lines operational independence intensify. Growing Tensions Over Tech...

South Korea Sets to Implement Crypto Delisting Under New Regulations

South Koreas Financial Supervisory Service has announced a forthcoming regulation that mandates the delisting of several cryptocurrencies. This move, set to take effect with the Virtual Asset User Protection Act in July,...

Binance and KuCoin Gain FIU Registration in India

In a significant move towards regulatory compliance, Binance and KuCoin have been officially registered with Indias Financial Intelligence Unit (FIU). This registration signals a major shift in the Indian cryptocurrency...

Former SEC Commissioner Criticizes Broad Crypto Definitions, Lubin Challenges SEC

At the TokenizeThis 2024 conference, former SEC Commissioner Troy Paredes criticized the SEC for its expansive interpretation of digital assets as securities. Concurrently, Ethereum co-founder Joseph Lubin at the F.T. Live...

Pantera Capital Sets Record with Massive Investment in Telegram's TON

Pantera Capital has announced a record-breaking investment in Telegrams TON blockchain, marking its largest commitment to date and signifying robust confidence in blockchains future. This strategic move underscores a major...