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Europe Roundup: Sterling gains on upbeat UK services PMI data,European shares surge,Gold near two-week low, Oil jumps 3% on reports of effective coronavirus drug-February 5th,2020

Feb 05, 2020 13:40 pm UTC| Market Roundups

Market Roundup Italian Jan Composite PMI 50.4, 49.3 previous Italian Jan Services PMI 51.4, 50.2 forecast, 51.1 previous French Jan Markit Composite PMI 51.1, 51.5 forecast, 52.0 previous French Jan...

Asia Roundup: Kiwi consolidates following mixed employment data, greenback gains on robust U.S. new orders, Asian shares surge - Wednesday, February 5th, 2020

Feb 05, 2020 06:43 am UTC| Market Roundups

Market Roundup Gold prices edge higher Oil climbs as OPEC, allies weigh output cuts NZ unemployment rate drops in Q4 Economic Data Ahead (0400 ET/0900 GMT) EZ Markit Services PMI...

America’s Roundup: Dollar firm on upbeat manufacturing data, Wall Street rallies, Gold falls 1%, Oil slides as demand fears outweigh hopes for bigger OPEC+ cuts-February 5th,2020

Feb 04, 2020 23:45 pm UTC| Market Roundups

Market Roundup US Redbook (YoY) 5.7%,5.5% previous US Redbook (MoM)0.2%,0.1% previous New Zealand GlobalDairyTrade Price Index 5.7%,5.5% previous US ISM NY Business Conditions 45.8%,39.1% previous US...

Europe Roundup: Sterling slips to 6-week low vs dollar, European stocks bounce, Gold eases on profit-taking, Oil prices rebound on hopes for OPEC+ supply cuts-February 4th, 2020

Feb 04, 2020 13:15 pm UTC| Market Roundups

Market Roundup UK Jan Construction PMI 48.4, 46.6 forecast, 44.4 previous Italian Jan CPI (MoM) 0.2%,0.1% forecast, 0.2% previous Italian Jan CPI (YoY) 0.6%,0.5% forecast, 0.5% previous Italian Jan HICP...

Asia Roundup: Aussie rebounds from 4-month low as RBA stands pat, dollar gains against yen on robust U.S. manufacturing data, Asian shares rally - Tuesday, February 4th, 2020

Feb 04, 2020 06:53 am UTC| Market Roundups

Market Roundup Oil rebounds amid minor recovery across markets RBA keeps cash rate at 0.75% Chinas markets recoup some virus losses Economic Data Ahead (0430 ET/0930 GMT) UK Markit Construction...

America’s Roundup: Dollar rebounds from two-week low, Wall Street rises, Gold slides, Oil hits 13-month lows as coronavirus worries rattle market-February 4th,2020

Feb 03, 2020 21:42 pm UTC| Market Roundups

Market Roundup Canada Jan RBC Manufacturing PMI 50.6, 49.6 forecast, 50.4 previous US Jan Manufacturing PMI 51.9, 51.7 forecast, 52.4previous US Dec Construction Spending (MoM) -0.2%, 0.5% forecast 0.7%...

Europe Roundup: Sterling falls on hard Brexit fears, European shares inches up, Gold dips 1%, Oil falls as coronavirus hits Chinese crude demand-February 3rd, 2020

Feb 03, 2020 13:05 pm UTC| Market Roundups

Market Roundup Spanish Jan Manufacturing PMI 48.5, 48.9 forecast, 47.4 previous Italian Jan Manufacturing PMI 48.9, 47.5 forecast, 46.2 previous French Jan Manufacturing PMI 51.1, 51.0 forecast, 51.0...

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Economy

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

What if the Reserve Bank itself has been feeding inflation? An economist explains

Heres something for the board of the Reserve Bank of Australia to ponder as it meets next month to set interest rates. It has pushed up rates on 13 occasions since it began its attempt to restrain inflation in May...

China’s new world order: looking for clues from Xi’s recent meetings with foreign leaders

There is broad consensus that Chinese foreign policy has become more assertive and more centralised in the decade since Xi Jinping has ascended to the top of Chinas leadership. This has also meant that Chinese foreign...

How India’s economy has fared under ten years of Narendra Modi

More than 960 million Indians will head to the polls in the worlds biggest election between April 19 and early June. The ruling Bharatiya Janata Party (BJP), which is led by Prime Minister Narendra Modi, is seeking a third...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Turkey’s suppression of the Kurdish political movement continues to fuel a deadly armed conflict

The world has 91 democracies and 88 autocracies. Yet 71% of the worlds population (some 5.7 billion people) are living under autocratic rule, a big jump from 48% ten years ago. This trend towards authoritarianism can...

Georgia is sliding towards autocracy after government moves to force through bill on ‘foreign agents’

Georgias ruling party attempted to pass a controversial bill on foreign agents in March 2023. The law would have required civil society groups and the media to register as being under foreign influence if they receive...

Science

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

Hertz to Offload 30K EVs This Year, Deepens Cuts Amid Mounting Fleet Losses

In a recent financial revelation, Hertz disclosed continued losses from its electric vehicle (EV) investments, announcing plans to sell 30,000 EVs this year amid depreciating values and escalating maintenance...

Toyota Motor Launches Trial for EV Pickups in Thailand

Toyota Motor Corporation launched the trial for its electric pickup trucks in Thailand. The Japanese automaker said its pilot project brought nine fully electric Hilux Revo pickups to key Thai market. According to...

Binance Reassures Filipino Users Amid SEC App Removal Request, Urges Balanced Review by Google and Apple

Following recent regulatory proceedings by the Philippine Securities and Exchange Commission (SEC), Binance has finally published a statement to its users regarding the removal request for its app from the Google Play...

Shiba Inu Announces Shibarium Hardfork: New Capabilities Teased, SHIB Price Jumps 3.2%

Shiba Inu has announced a transformative hardfork for its Shibarium platform, set for May 2, promising enhanced features and a surge in SHIBs price by 3.2% in response to the news. Shibarium Hardfork Set for May 2:...
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