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Briferendum Series

The major potential outcomes out of the Brexit event

Feb 22, 2016 07:02 am UTC| Insights & Views Politics

The prospect of an astonishing exit from the 28 nation members EU, yes, the so-called potential Brexit event continues to weigh on U.K. assets. Cable has been collapsing from last few months on the lingering pressure of...

Briferendum Series

FxWirePro: Cameron perceives economic crisis to contradict London Meyor's stance as Brexit countdown begins - sterling edgy against majors

Feb 22, 2016 06:25 am UTC| Insights & Views Politics

The UK will hold its much awaited make or break referendum on EU membership on 23 June. In order that PM Cameron gets his hopes that the UK stays on board, he will have to sell the deal negotiated at last weeks Brussels...

Digital Currency Revolution

Bitcoin's Rapid Growth Likely To Continue Across the Board

Feb 19, 2016 12:44 pm UTC| Insights & Views Digital Currency

Bitcoins journey from 2009 has been long and difficult, but over the last 6 months itsdollar pricehas risen by nearly 100% - from $209.13 onAugust 24thto $403.74 on February 16th. Although its popularity has essentially...

FxWirePro: USD/CAD on the verge of breaking resistance at 1.3772 - buy one touch calls at dips for TP of 40-50 pips

Feb 19, 2016 11:08 am UTC| Insights & Views

This what we call it as a "speculative break", it is on the verge of breaking resistance line at 1.3772 levels with both leading oscillators and lagging indicators signal buying interests.At this juncture, we see...

China’s exchange rate policy likely to keep markets on edge

Feb 19, 2016 11:02 am UTC| Insights & Views

Just about six months ago, China held as much as $4 trillion in foreign exchange reserves. The countrys foreign exchange reserves are shrinking steadily on money outflows and as Beijing moves to shore up its currency....

Australian Infrastructure Plan has some way to go to give our cities what they need

Feb 19, 2016 04:47 am UTC| Insights & Views

Infrastructure Australias latest report, Australian Infrastructure Plan, is a substantial contribution to better infrastructure planning. For our cities, it cogently argues for more compact settlement patterns and...

Don't chuck that old mobile phone, there's gold in there

Feb 19, 2016 03:03 am UTC| Insights & Views Technology

In Australia there are many more mobile services in use than there are people. The majority of Australians upgrade or exchange their mobile phones every 18 to 24 months, while an increasing number have owned their...

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Economy

Cuba Power Grid Collapse Triggers Nationwide Blackout Amid Deepening Energy Crisis

Cuba began gradually restoring electricity on Monday after the countrys national power grid suffered another major collapse, leaving millions without electricity and worsening an already severe energy crisis driven by fuel...

Asia Stocks Fall as Samsung Earnings Fail to Ease AI Valuation Concerns

Asian stock markets declined on Tuesday as investors questioned whether future earnings can justify lofty artificial intelligence (AI) valuations, triggering a broad selloff in semiconductor stocks despite Samsung...

China 618 Smartphone Sales Drop 13% as Higher Prices Hurt Demand, Huawei Gains Market Share

Chinas smartphone sales fell 13% year-over-year during the 2026 618 shopping festival as rising handset prices and weaker discounts discouraged buyers, according to Counterpoint Research. The annual month-long shopping...

Oil Prices Rise as Strait of Hormuz Risks Offset OPEC+ Supply Increase

Oil prices edged higher on Tuesday as renewed security concerns in the Strait of Hormuz balanced expectations of increased global crude supply following Saudi Arabias price cuts for Asian buyers and OPEC+s latest...

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...

Politics

Trump May Reopen F-35 Program Access for Turkey Ahead of NATO Summit

U.S. President Donald Trump is expected to tell Turkish President Recep Tayyip Erdogan that his administration is prepared to allow Turkey to rejoin the F-35 stealth fighter program, according to a New York Times report...

FIFA Defends Balogun Ban Suspension After Trump Praise Sparks World Cup Controversy

FIFA President Gianni Infantino defended the organizations disciplinary process after U.S. President Donald Trump praised the decision to suspend U.S. striker Folarin Baloguns World Cup red-card ban, a move that has...

Australia, Solomon Islands Strengthen Ties After China’s Pacific Missile Test

Australia and the Solomon Islands have pledged to deepen their bilateral partnership by advancing negotiations on a new comprehensive treaty, a move that comes just one day after China conducted an intercontinental...

NATO Leaders to Unveil Multi-Billion-Dollar Defense Deals Ahead of Trump Summit in Ankara

NATO leaders are set to announce defense agreements worth tens of billions of dollars in Ankara on Tuesday, underscoring Europes commitment to increasing military spending ahead of a high-profile summit with U.S. President...

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...

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

Meta Says States Seek $1.4 Trillion in Penalties Over Teen Social Media Addiction Lawsuit

Meta Platforms has revealed that four U.S. states are seeking approximately $1.4 trillion in potential penalties in a lawsuit accusing the company of designing Facebook and Instagram to addict young users while misleading...

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...
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