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Market Roundups

Sat, May 28, 2022 07:28 AM All times are UTC Edition :

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America’s Roundup: Dollar slides for second week, Wall Street rallies, Gold prices edge up, Oil settles up ahead of U.S. driving season, EU embargo decision-May 28th,2022

May 28, 2022 03:49 am UTC| Market Roundups

Market Roundup US Apr Retail Inventories Ex Auto 1.7%,2.5% previous US Apr Personal Income (MoM) 0.4%,0.5%forecast, 0.5% previous US Apr Goods Trade Balance -105.94B,-127.12B previous US Apr Core PCE Price...

Europe Roundup: Sterling heads for second weekly gain, European shares rise, Gold prices gains, Oil on track for weekly rise amid global supply concerns-May 27th,2022

May 27, 2022 11:35 am UTC| Market Roundups

Market Roundup Sweden Apr Retail Sales (MoM) 0.4%, 0.2% previous Sweden Apr Retail Sales (YoY) 2.4%, 1.2% previous EU Apr Loans to Non Financial Corporations 5.2%, 4.2% previous EU Apr M3 Money Supply (YoY)...

America’s Roundup: Dollar eases as traders scale back bets on Fed tightening, Wall Street ends higher, Gold slips, Oil rises to 2-month high on tight supplies, EU seeks Russian crude ban-May 27th,2022

May 27, 2022 01:30 am UTC| Market Roundups

Market Roundup US Continuing Jobless Claims 1,346K,1,310K forecast, 1,317K previous US Jobless Claims 4-Week Avg 206.75K,199.50K previous US Initial Jobless Claims210K, 215K forecast, 218K previous Canada Mar...

Europe Roundup: Sterling holds steady near 3-week highs , European shares gain, Gold falls, Oil climbs on tight supply-May 26th,2022

May 26, 2022 10:12 am UTC| Market Roundups

Market Roundup Italian May Consumer Confidence 102.7 ,100.5 forecast, 100.0 previous Italian May Business Confidence 109.3 , 109.0 forecast,110.0 previous Italian Mar Industrial Sales (MoM) 2.40%, 2.80%...

America’s Roundup: Dollar gains after Fed meeting notes hint at future rate hikes, Wall Street climbs, Gold pares losses, Oil edges higher on tight supply-May 26th,2022

May 26, 2022 01:56 am UTC| Market Roundups

Market Roundup US Apr Goods Orders Non Defense Ex Air (MoM) 0.3%,0.5% forecast, 0.9% previous Canada Profits (QoQ) 1.9%, 3.8% previous US Apr Core Durable Goods Orders (MoM) 0.3%,0.6% forecast,1.2% previous...

Europe Roundup: Euro slips from one-month high vs dollar, Gold falls, Oil prices edge higher on tight supply, firmer demand expectations-May 25th,2022

May 25, 2022 09:59 am UTC| Market Roundups

Market Roundup Sweden Apr Unemployment Rate 8.2%,8.2% previous German Jun GfK Consumer Climate -26.0, -26.0 forecast, -26.5 previous German GDP (YoY) (Q1) 4.0%, 4.0% forecast, 1.8% previous German GDP (QoQ)...

America’s Roundup: Dollar at one-month low, Wall Street ends down, Gold gains for 5th straight session, Oil steadies after choppy trade-May 25th,2022

May 25, 2022 00:45 am UTC| Market Roundups

Market Roundup Canada Mar Wholesale Sales (MoM) 0.2%,0.9% forecast, -0.4% previous US Apr Chicago Fed National Activity 0.47,0.44 previous Canada Manufacturing Sales (MoM) 1.6%,2.5% previous US Redbook (YoY)...

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Economy

McDonald's in Russia will re-open under a new name and it could be called 'Fun and Tasty'

McDonalds has formally stopped its operations in Russia this month after temporarily suspending its business in March. With its exit, the fast-food chain has sold its restaurants to a local operator, and now it will be...

POSCO Chemical, GM announce Quebec as chosen site for joint cathode plant

POSCO Chemical revealed on Friday, May 27, that it is building a new facility for the production of cathode worth $327 million. It has partnered with General Motors for this project, and they have picked Quebec, Canada, as...

Kakao's founder Kim Beom Su vacates chairman position at Brian Impact Foundation

Kakaos founder and former chief executive officer, Kim Beom Su, has stepped down as chairman of the Brian Impact Foundation, a private charity foundation that was launched last year to help innovators in technology and...

Mastercard to expand in Latin America, Southeast Asia after Russia exit and India ban

Mastercard is changing its target and will be focusing on Southeast Asia and Latin America for its expansion after withdrawing from Russia and getting banned from issuing new cards in India last year. The company also sees...

NFT Artwork on LG Display’s OLED screen auctioned off for US$6.2 million

The non-fungible token artwork created on LG Display Co.s transparent OLED screen in collaboration with Turkish media arts designer and director Refik Anadol was auctioned off for US$6.2 million. The NFT art collection...

Politics

Russia-Ukraine conflict: German chancellor says Vladimir Putin will not dictate peace terms, Ukraine will win

Russias war in Ukraine has approached its third month, and Moscow continues to bombard Kyiv since invading in February. With Moscow launching an offensive in the southern and eastern territories of Ukraine, German...

Afghanistan: Taliban's restrictions look to make women, girls 'invisible', UN expert says

The Taliban has increasingly imposed restrictive policies on Afghan women and girls months since retaking control of Afghanistan. A UN expert who visited the country said the restrictive policies by the insurgent group...

Iran: Incident at Parchin military complex leaves one killed, one wounded

An incident occurred at Irans Parchin military complex this week, leaving two casualties. One was killed, and another was wounded in the incident, according to the countrys defense ministry. Irans defense ministry...

US Justice Department targeting Trump attorneys, advisers in fake electors investigation

The US Justice Department has mostly kept silent about its ongoing investigations, particularly probes related to the attempt by Donald Trump and his allies to overturn the 2020 elections and stay in power. With the focus...

US GOP Rep. Jim Jordan demands to see all evidence against him before complying to Jan. 6 panel subpoena

The Jan. 6 congressional committee investigating the Capitol insurrection moved to issue subpoenas to a handful of sitting Republican lawmakers in Congress. Republican Rep. Jim Jordan recently demanded that he view all the...

Science

S. Korean scientists develop magnet-based soil purification tech

The Korea Atomic Energy Research Institute had developed a method for purifying radioactively contaminated soil by using magnets to separate radioactive cesium from the soil. Cesium is most frequently found in...

Hyundai Mobis’ monitoring system reduces drowsy driving risks by 30%

Hyundai Mobis Co. has come up with an in-house brainwave-based driver monitoring system that can reduce the risk of drowsy driving by up to one-third. The system, dubbed M.Brain, is a wearable earpiece that continuously...

California start-up Bionaut Labs to send tiny robots on voyage into brains

California start-up Bionaut Labs will conduct its first clinical trials on sending miniature robots deep inside the human skull to treat brain disorders The tiny injectable robots can be guided through the brain using...

Kirin, Meiji University develop electric chopsticks that make low-salt food taste salty

Food producer Kirin and Meiji University have developed a pair of chopsticks that stimulate the taste of salt in foods with low salt content through extensive research. This technology, which has yet to be named,...

Japanese researchers develop plastic with self-repairing powers

Japanese researchers have found a way to create self-repairing plastics that can be used in many products and reduce the amount of waste now polluting the planet. It might have practical applications for home...

Technology

Blizzard reveals global release times for ‘Diablo Immortal’

The free-to-play Diablo Immortal is launching in a few days, and Blizzard Entertainment has announced at exactly what time the game will go live. PC gamers can also start preparing for its arrival and start to pre-load the...

FromSoftware suggests ‘Dark Souls’ online servers are coming back soon

The long wait may be over soon for avid fans of Dark Souls. Developer FromSoftware has recently provided an update on the status of the games online servers more than four months after they were taken down...

Pixel 7 series will have the same Samsung panels used on Pixel 6, report says

Google has continued a familiar approach to avoid leaks from spoiling its surprises by unveiling the Pixel 7 series months before it arrives in stores. While Google still left the technical specifications under wraps,...

iPhone 14 Pro redesign appears in allegedly leaked Apple Pay ad

Apple is not expected to confirm details about the iPhone 14 series until its launch. However, there have been various reports from multiple sources that claim the next Pro models will sport notable design changes. An...

‘Returnal’ Steam listing hints at an upcoming PC port

Sony has previously stated its plan to release more first-party PlayStation games on PC. It appears that another game is headed to PC, thanks to a new leak. A new game was recently spotted on a Steam listing codenamed...