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Big four accounting firms avoid scrutiny in multinational tax avoidance

Feb 25, 2016 04:38 am UTC| Insights & Views Law

The Senate Inquiry into corporate tax avoidance is due to hand down its final report by the end of this week. One of the lesser-mentioned groups appearing before 2015s Senate hearings are Australias big four accounting...

Are micropayments a viable way to support the news business?

Feb 24, 2016 15:48 pm UTC| Insights & Views Business

Journalism is in an existential crisis: revenue to news organisations has fallen off a cliff over the past two decades and no clear business model is emerging to sustain news in the digital era. In the latest in our...

AI Revolution Series

Five years after the Arab Spring, how does the Middle East use social media?

Feb 24, 2016 14:35 pm UTC| Insights & Views

In 2011, the Arab Spring rocked many parts of the Middle East. Regime change in Tunisia, Egypt and Libya saw the departure of long-established seemingly untouchable political leaders and inspired ripples of protest...

Climate Change Series

Clean energy could save hundreds of billions in health costs every year

Feb 24, 2016 14:31 pm UTC| Insights & Views Health

In Paris late last year, the countries of the world pledged to reduce emissions to keep global warming well below a 2 degree Celsius rise in global average temperatures compared with preindustrial levels. As an advanced...

Briferendum Series

Voters are sceptical about Europe, but that doesn't mean they'll vote for Brexit

Feb 24, 2016 14:15 pm UTC| Insights & Views

After all the haggling around the dinner table in Brussels, voters in Britain will now have to make their big choice. In a referendum to be held on June 23, they will either have to say they want to stay in the European...

FxWirePro: EUR/PLN debit put spread hedges Polish zloty's unstoppable gains

Feb 24, 2016 12:29 pm UTC| Insights & Views

EUR/PLN is forecasted at 4.20 by end of Q1. This is despite EUR/PLN overshooting in Januarys series. We believe the pace of PLN appreciation against the EUR will accelerate after Q1 once there is more clarity on MPCs new...

Renminbi Series

Changes in China's FX policy reiterate the Central Bank's intention for a more flexible RMB

Feb 24, 2016 11:36 am UTC| Insights & Views Central Banks

Some subtle but notable changes are seen in PBoCs FX policy after Chinas return from the New Year holiday on 15 February. PBoCs daily USD-CNY fixings have been showing larger two-way volatility after a period of stability...

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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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