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Wed, May 08, 2024 02:38 AM All times are UTC

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Europe Roundup: Sterling gains as PM May says open to extend Brexit transition, euro rallies as Italy's PM denies coalition rift, European shares surge - Thursday, October 18th, 2018

Oct 18, 2018 11:29 am UTC| Market Roundups

Market Roundup EUR/USD 0.19%, USD/JPY -0.11%, GBP/USD 0.08%, EUR/GBP 0.09% DXY -0.07%, DAX 0.53%, FTSE 0.22%, Brent -0.96%, Gold 0.05% Dollar perched at one-week highs on upbeat Fed Great Britain Sep...

Cryptocurrency Brief: Bitcoin prices caught in tight trading range, gains following Tether sell-off start to fade – Thursday, October 18th, 2018

Oct 18, 2018 11:17 am UTC| Commentary Economy Market Roundups Digital Currency

BTC/USD: Bitcoin prices traded tad lower across the board during late European session Thursday, caught in a tight-knit range for the past three days after showing a massive jump on Monday. Gains made during sell-off in...

Asia Roundup: Aussie rebounds as unemployment rate declines, greenback rallies on hawkish Fed minutes, sterling bulls' eye EU summit - Thursday, October 18th, 2018

Oct 18, 2018 06:26 am UTC| Market Roundups

Market Roundup Trump reluctant to abandon Riyadh over missing journalist, wants evidence Despite Trump criticism, Fed sees need for more rate hikes U.S. government refrains from calling China a currency...

America's Roundup: Dollar gains as Fed minutes show further rate hikes likely, Wall Street falls, Gold edges lower, U.S. crude slumps below $70/bbl after large stock build-October 18, 2018

Oct 17, 2018 21:54 pm UTC| Market Roundups

Market Roundup Every Fed policymaker was on board for Sept rate hike minutes. Policymakers cited economic, policy divergence with other countries as a downside risk as it could further strengthen the U.S....

Europe Roundup: Sterling slumps on weaker-than-expected UK CPI, dollar gains against yen as geopolitical tensions ease, investors eye FOMC meeting minutes - Wednesday, October 17th, 2018

Oct 17, 2018 11:34 am UTC| Market Roundups

Market Roundup EUR/USD -0.08%, USD/JPY -0.08%, GBP/USD -0.31%, EUR/GBP 0.21% DXY 0.09%, DAX -0.47%, FTSE 0.16%, Brent -0.23%, Gold 0.24% Dollar gains for a second day as markets eye Fed minutes EZ Sep...

Asia Roundup: Yen plunges as investors' risk appetite improves, euro struggles to hold ground amid Italian budget concerns, Asian shares rally - Wednesday, October 17th, 2018

Oct 17, 2018 06:34 am UTC| Market Roundups

Market Roundup Trump gives Saudi Arabia benefit of doubt in journalists disappearance Trump administration says to open trade talks with EU, UK, Japan Trump widens Fed critique, calls it my biggest...

America's Roundup: Dollar steady as stock gains show improving risk sentiment, Wall Street rallies, Gold Flat, Oil up, Iran, Saudi supply worries offset U.S. supply growth-October 17th 2018

Oct 16, 2018 20:47 pm UTC| Market Roundups

Market Roundup US Sep Industrial Production m/m, 0.3%, 0.2% forecast, 0.4% previous. US Sep Industrial Production y/y, 5.14%, 4.86% previous. US Aug JOLTS Job Openings, 7.136M, 6.945M forecast, 6.939M previous,...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

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...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

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,...

Technology

Binance CEO Discloses $150 Million Bribe Amidst Tensions with Nigerian Government

Binance, the renowned cryptocurrency exchange, disclosed that Nigerian government authorities demanded a staggering $150 million in bribes to quell legal actions against its executives, igniting a fierce dispute between...

Hong Kong Central Bank Leads Initiative to Explore Asset Tokenization Advancements

The Hong Kong Monetary Authority (HKMA) has spearheaded the formation of a specialized community to explore asset tokenization. Partnering with various industry players and regulators, this initiative seeks to drive...

Shiba Inu Lead Shytoshi Kusama Unveils Mysterious 'Evita' Teaser, Sparking Frenzy

Shytoshi Kusama, the elusive figure at the helm of the renowned cryptocurrency Shiba Inu (SHIB), has set tongues wagging with a cryptic teaser shared across social media platforms. The enigmatic message features the word...

Amazon Opens Online Shopping for South African Customers

Amazon has finally arrived in South Africa. With its launch in the region, Jeff Bezos e-commerce platform is expected to compete with the leading local online shopping player, Takealot.com. The American e-commerce giant...

Apple Embarks on AI Chip Development for Data Center Capabilities

Apple Inc. is set to transform the tech landscape with its newly developed AI chip, tailored specifically for data center operations. Dubbed Project ACDC, this initiative marks a significant leap in server technology,...