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The end of 2%: Australia gets serious about its defence budget

Feb 26, 2016 00:12 am UTC| Insights & Views

Compared to Tony Abbott, Prime Minister Malcolm Turnbull and his defence minister, Marise Payne, see themselves as having a different emphasis in the way they view security challenges, how Australia should fund its...

End of an era in regional publishing as APN puts papers up for sale

Feb 26, 2016 00:11 am UTC| Insights & Views Business

This week APN News Media announced it planned to sell off its regional newspaper business. It signals the end of an era. Regional publishing has been at the heart of APN since Tony OReilly bought the Queensland...

FxWirePro: ZAR confronts political pressure as economic pledges are betrayed - hedge via debit call spreads

Feb 25, 2016 11:14 am UTC| Insights & Views

South Africas core fundamental risk is governance. Investors are unsure whether President Jacob Zuma will strive to keep fiscal accounts in strong shape. On December 9, Zuma decided to replace a respected appointee,...

Briferendum Series

Market focus to shift from cyclical as Brexit highlights UK’s structural shortcomings

Feb 25, 2016 09:27 am UTC| Insights & Views

GBP selling continues despite a decline in support among UK voters to leave the EU. GBPs price action suggests that the market is already worrying about the EU referendum and the associated threat of Brexit. Markets are...

Asian cities tussle for top spot in new education ranking as London left behind

Feb 25, 2016 09:25 am UTC| Insights & Views

Singapore, Hong Kong and Shanghai have come top of a new ranking of how teenagers in cities and states around the world perform on global maths, reading and science tests. London, despite showing a marked improvement in...

China Crisis Series

Renminbi Series

Three ways China can tackle its currency dilemma

Feb 25, 2016 04:58 am UTC| Insights & Views Central Banks

You might have noticed that the Peoples Bank of China (PBC), Chinas central bank, is in a difficult position. Stability and growth are what the PBC wants. But at least two forces are working against them - the prospect...

What can be done about badly depleted nitrogen levels in Africa's soil

Feb 25, 2016 04:51 am UTC| Insights & Views

African soils have been mined for their nutrients for far too long. Nutrients are removed in harvesting across the continent, but they arent being returned to the soil. This usually happens in the form of manures or...

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Economy

US Stock Futures Slip as Fed Minutes, Earnings Season Take Center Stage

U.S. stock futures traded slightly lower late Monday after Wall Street began the week with solid gains led by technology and semiconductor stocks. Investors are now shifting their attention to the Federal Reserves upcoming...

Gold Price Drops as Strong Dollar and Fed Rate Outlook Weigh on Bullion

Gold prices declined during Asian trading on Tuesday, giving back part of last weeks gains as investors remained cautious over the U.S. interest rate outlook and persistent inflation risks. A stronger U.S. dollar, coupled...

Gold Price Today: Gold Slips as Dollar Rebounds Ahead of Fed Minutes

Gold prices edged lower on Monday as the U.S. dollar regained ground after last weeks sharp decline, with investors awaiting the Federal Reserves June meeting minutes for fresh clues on the outlook for U.S. interest rates....

Dollar Rebounds as Euro, Pound Slip Ahead of Fed Minutes, Yen Near Intervention Zone

The U.S. dollar strengthened modestly on Monday, recovering some of last weeks losses as the euro and British pound weakened ahead of key economic data releases and the Federal Reserves June meeting minutes. Investors...

Oil Prices Slip as OPEC+ Boosts August Output, Oversupply Concerns Weigh on Crude Market

Oil prices edged lower in early Asian trading on Monday after OPEC+ agreed to increase production targets for August, adding to expectations of stronger global crude supplies and easing concerns over disruptions in the...

Politics

Trump Says Ukraine Peace Deal Is Closer Ahead of NATO Summit Talks

U.S. President Donald Trump said a resolution to the Russia-Ukraine war may be closer than many believe as he prepares to discuss the conflict during this weeks NATO summit in Ankara, where he is expected to meet Ukrainian...

Russia Strikes Kyiv as Ukraine Faces Patriot Missile Shortage Before NATO Summit

Russia launched a massive overnight missile and drone attack on Kyiv and surrounding areas early Monday, killing at least 28 people and highlighting Ukraines growing shortage of U.S.-made Patriot air defense interceptors....

Iran Missiles Strike Ships in Strait of Hormuz, Raising Fears of New Gulf Escalation

Irans military reportedly fired at least two missiles at commercial vessels transiting the Strait of Hormuz on Monday night, marking a renewed escalation in one of the worlds most critical shipping routes. According to an...

China Submarine Missile Test Sparks Concern Across Asia-Pacific

China conducted a missile test from a nuclear-powered submarine into the Pacific Ocean on Monday, prompting concern from Japan, Australia, and New Zealand over regional security and military transparency. According to...

UN Rights Council Launches Sudan Probe Over RSF Violence in al-Obeid

The United Nations Human Rights Council on Monday approved a resolution condemning the escalating violence allegedly carried out by Sudans paramilitary Rapid Support Forces (RSF) in the city of al-Obeid and authorized an...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Samsung Q2 Profit Hits Record on AI Memory Boom as Shares Tumble

Samsung Electronics (KS:005930) forecast record-breaking second-quarter earnings on Tuesday, driven by surging demand for artificial intelligence (AI) memory chips. Despite posting stronger-than-expected operating profit,...

LG Energy Solution Q2 Profit Plunges 77% Despite Revenue Growth on Weak EV Demand

LG Energy Solution (KS:373220) expects its second-quarter operating profit to plunge 77% from a year earlier as slowing global electric vehicle (EV) demand continues to pressure the battery industry, despite reporting...

WiseTech Global Shares Surge as Richard White Steps Down as Executive Chair

WiseTech Global shares jumped more than 10% on Tuesday after the Australian logistics software company announced that co-founder Richard White had stepped down as executive chair with immediate effect. Independent director...

Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone

Bank of America upgraded T-Mobile US (NASDAQ: TMUS) to Buy from Neutral on Monday, arguing that the recent selloff in telecom stocks has created an attractive buying opportunity and that investors are overstating the...

Foxconn Q2 Revenue Surges Nearly 40% on Strong AI Server Demand

Foxconn, officially known as Hon Hai Precision Industry, reported a sharp rise in second-quarter revenue as booming demand for artificial intelligence infrastructure continued to drive growth across its cloud and...
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