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Industry super funds saved from US-style ideology

Dec 03, 2015 02:21 am UTC| Politics Fund

The federal government has hit a major roadblock in its plan to bring in new rules governing superannuation funds, with four independent senators refusing to support the related bill. The proposed legislation was widely...

Brazil impeachment process begins its long road

Dec 03, 2015 00:17 am UTC| Commentary Politics

Speaker of the House Cunha announced today that he accepted an impeachment request against President Rousseff. According to Cunha, of the 34 impeachment requests received, he rejected 32, as these were based on allegations...

George Osborne’s ambitious plan and construction PMI remain in contrast

Dec 02, 2015 10:17 am UTC| Commentary Politics

In autumn economic outlook, UK finance chief George Osborne announced the most ambitious housing plan, in more than four decades. He has vision to build as much as 400,000 new houses across UK to rein over rise in property...

Korean government's stepping up efforts to recycle its current account surplus

Dec 02, 2015 04:11 am UTC| Commentary Politics

Koreas October current account surplus reduced to USD 9 bn, in line with the expectations. This small surplus was mainly because of lesser goods surplus, which caused slight decline in primary income surplus and deficit in...

Europe Fallout Series

Germany needs to rethink what it means to be German to resolve refugees and ISIS

Nov 30, 2015 16:23 pm UTC| Insights & Views Politics

The attacks earlier this month in Paris that led to the deaths of 130 people have prompted a range of responses across Europe and the world. One of the darker reactions, however, has involved targeting the hundreds of...

Cricket has the opportunity to be a truly transparent world sport – it should seize it

Nov 30, 2015 16:09 pm UTC| Insights & Views Sports Politics

Revelations of corruption in the administration of global sport have provided one of the ongoing dramas of 2015. The reasons for the plethora of scandals notably at footballs governing body FIFA and the International...

Right-wing populism is surging on both sides of the Atlantic – here's why

Nov 25, 2015 13:25 pm UTC| Insights & Views Politics

On both sides of the Atlantic, right-wing populist parties are enjoying another moment in the sun. In Europe, the Austrian Freedom Party (FP) recently doubled its vote in a state election. Fellow travellers are making...

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Economy

U.S. Stock Futures Slip as Investors Await Key Jobs Data; Premarket Movers in Focus

U.S. stock futures edged lower on Thursday as investors remained cautious ahead of the release of crucial U.S. unemployment data. Market participants are closely watching the labor market figures for signals on the Federal...

Trump's Hammer on Russian Oil Buyers: 500% Tariffs Loom

President Donald Trump has declared his support for the bipartisan Sanctioning Russia Act of 2025, a bill that Senators Lindsey Graham (R, SC) and Richard Blumenthal (D, CT) have put forward. Secondary sanctions...

Japanese Chemical Stocks Slide as China Launches Anti-Dumping Probe into Chipmaking Material

Shares of major Japanese chemical manufacturers declined sharply on Thursday after China announced the launch of an anti-dumping investigation into imports of dichlorosilane, a critical material used in semiconductor and...

Trump Proposes $1.5 Trillion U.S. Military Budget for 2027, Fueling Defense Stock Rally and Fiscal Concerns

President Donald Trump said Wednesday that he wants the 2027 U.S. military budget to reach $1.5 trillion, a dramatic increase from the $901 billion defense budget approved by Congress for 2026. The proposal immediately...

Asian Currencies Trade Mixed as Dollar Firms Ahead of Key U.S. Jobs Data

Asian currencies traded in a narrow, mostly weaker range on Thursday as the U.S. dollar found modest support ahead of a closely watched U.S. labor market report due later this week. Investors across the foreign exchange...

Politics

Senate Vote Looms on Blocking Trump’s Military Action in Venezuela

The U.S. Senate is preparing for a closely watched vote on a war powers resolution that would prevent President Donald Trump from taking further military action against Venezuela without explicit congressional...

Greenland Weighs Direct U.S. Talks as Trump Renews Push for Control

Greenlands political debate over independence and its relationship with the United States has intensified after a senior opposition leader called for direct talks with Washington, bypassing Denmark, amid renewed pressure...

Steny Hoyer Announces Retirement, Ending Historic Career in U.S. House

Democratic Congressman Steny Hoyer has announced that he will not seek reelection, bringing an end to a distinguished career in the U.S. House of Representatives that has spanned more than four decades. The Washington Post...

Trump to Attend World Economic Forum in Davos with Senior U.S. Officials

U.S. President Donald Trump is set to attend the 2026 World Economic Forum (WEF) in Davos, Switzerland, marking his first in-person appearance at the annual global gathering since returning to the White House for a second...

Chevron Seeks Expanded U.S. License to Boost Venezuelan Oil Exports Amid Sanctions Talks

U.S. oil major Chevron is reportedly in discussions with the U.S. government to expand a crucial license that would allow it to increase crude oil exports from Venezuela, according to sources close to the negotiations. The...

Science

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Technology

EU Orders Elon Musk’s X to Preserve Grok AI Data Amid Probe Into Illegal Content

The European Commission has ordered Elon Musks social media platform X, formerly known as Twitter, to retain all internal documents and data related to its built-in artificial intelligence chatbot, Grok, until the end of...

SK Hynix Shares Hit Record High as AI Memory Demand Fuels Semiconductor Rally

Shares of South Korean memory chip giant SK Hynix surged to a fresh all-time high on Thursday, reflecting growing investor optimism around booming demand for artificial intelligence (AI) memory products and a strengthening...

OpenAI Sets $50 Billion Stock Grant Pool, Boosting Employee Equity and Valuation Outlook

OpenAI has reportedly established a massive $50 billion employee stock grant pool, a move that underscores the companys aggressive strategy to attract, retain, and reward top talent as it continues to scale its artificial...

Ford Targets Level 3 Autonomous Driving by 2028 with New EV Platform and AI Innovations

Ford Motor Company has announced plans to bring Level 3 driver-assistance technology to market by 2028, marking a significant step toward hands-free and eyes-off driving on select highways. The advanced system will allow...

Samsung Forecasts Strong Q4 Profit on AI-Driven Memory Chip Boom

Samsung Electronics Co Ltd (KS:005930) surprised markets by forecasting a stronger-than-expected fourth-quarter operating profit, driven by surging global demand for memory chips fueled by artificial intelligence. The...
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