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Sat, Apr 27, 2024 01:32 PM All times are UTC

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Europe Roundup: Euro gains on better-than-expected prelim EZ CPI, dollar rallies against yen as BoJ reaffirms commitment to policy stimulus, European shares volatile- Tuesday, July 31st, 2018

Jul 31, 2018 11:37 am UTC| Market Roundups

Market Roundup EUR/USD 0.17%, USD/JPY 0.38%, GBP/USD 0.19%, EUR/GBP -0.01% DXY -0.01%, DAX -0.05%, FTSE 0.3%, Brent -0.29%, Gold -0.34% Fed set to hold interest rates steady, remains on track for more...

Crypto Currency Brief: Panic sell-off drives crypto bearishness, SEC rejects Winklevoss ETF; EOS transaction volume rises on spam attack – Tuesday, July 31st, 2018

Jul 31, 2018 11:32 am UTC| Commentary Economy Market Roundups

BTC/USD: Bitcoin prices continued to fall for the third consecutive day, consolidating around the $8,000 level as investors have turned risk-averse after BTC/USD touched a 2-month high last week, despite a sense of...

Asia Roundup: Aussie gains on upbeat economic data, yen eases as BoJ pledges to keep rates low, Asian shares consolidate - Tuesday, 31st July, 2018

Jul 31, 2018 07:48 am UTC| Market Roundups

Market Roundup BOJ adopts forward guidance on rates, makes framework flexible Japan Jun Jobs/applicants Ratio, 1.62, 1.60 fcast, 1.60 prev Japan Jun Unemployment Rate, 2.4%, 2.3% fcast, 2.2% prev Japan...

America's Roundup: Dollar edges lower vs yen with BoJ decision on tap, Euro rebounds after last week's decline, Wall Street ends lower, Oil prices rise on tighter supply expectations-July 31st, 2018

Jul 30, 2018 20:32 pm UTC| Market Roundups

Markrt Roundup Trump again threatens to shut down U.S. government over immigration policy. US Jun Pending Sales Change MM, 0.9%, 0.0% forecast cast, -0.5% previous. US Jun Pending Homes Index, 106.9, 105.9...

Europe Roundup: Dollar index muted ahead of key central bank meetings; disappointing earnings drag European shares lower; WTI reverses declines on US growth optimism - Monday, July 30th, 2018

Jul 30, 2018 11:53 am UTC| Market Roundups

Market Roundup EUR/USD 0.25%, USD/JPY flat, GBP/USD 0.18%, EUR/GBP 0.1% DXY -0.21%, DAX -0.24%, FTSE -0.3%, Brent 0.36%, Gold -0.06% China tempts Britain with free trade, says door to U.S. talks...

Asia Roundup: Japanese yen trades marginally lower despite robust retail sales data, most Asian markets in red, gold stabilizes below $1,220 mark - Monday, July 30, 2018

Jul 30, 2018 06:31 am UTC| Market Roundups

Market Roundup Japan June Retail Sales YY, 1.8%, 1.6% forecast, 0.6% previous. Trump threatens U.S. government shutdown over border wall. Italys interior minister says EU trying to swindle...

America's Roundup: Dollar dips as robust U.S. GDP data fail to impress, Wall Street dips, Gold climbs, Oil prices fall with stock market, Brent marks weekly gain-July 28th,2018

Jul 27, 2018 21:50 pm UTC| Market Roundups

Market Roundup Trump hails growth as one-offs and consumers boost economy. US Q2 GDP Advance, 4.1%, 4.1% forecast, 2.0% prev, 2.2% revised. US Q2 GDP Sales Advance, 5.1%, 3.7% forecast, 2.0% previous, 1.9%...

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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...

Why is the London Stock Exchange losing out to the US

London Stock Exchange (LSE), which can trace its heritage to the coffee houses of the 17th century, is failing. The volume of shares traded is sharply declining, and some UK companies are swiftly moving to the US...

Why Germany ditched nuclear before coal – and why it won’t go back

One year ago, Germany took its last three nuclear power stations offline. When it comes to energy, few events have baffled outsiders more. In the face of climate change, calls to expedite the transition away from fossil...

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...

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,...

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

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...

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

Apple Partners with OpenAI for On-Device AI in iOS 18, Enhancing Privacy

Apple Inc. has reignited discussions with OpenAI to integrate advanced AI features into iOS 18, utilizing large language models entirely on-device. According to a Bloomberg report, this move promises to significantly...

Republic First Bank Shut Down by Regulators, Crypto Prices Tumble

In a significant regulatory move, the Pennsylvania Department of Banking and Securities has closed Republic First Bank, marking the first major U.S. bank collapse of 2024. The closure has sparked heated reactions within...

Shiba Inu Tops Robinhood, 300M Dogecoin Moves As Market Eyes Breakout

Shiba Inu leads this weeks Robinhood cryptocurrency rankings as it surges 11%, while a massive 300 million Dogecoin transfer to Robinhood signals a potential market breakout, stirring interest among traders and...

Tesla Sets Late 2025 Launch for Semi, Expands Megapack Production

Tesla Inc. has confirmed the launch of its Semi truck for late 2025, with broader customer deliveries expected in 2026. This announcement coincides with the expansion of Teslas Megapack production at its Lathrop...

SHIB Price Climbs as Shibarium Upgrade Sparks Optimism Among Investors

The Shiba Inu cryptocurrency surged over 4% on April 26, buoyed by executive enthusiasm for the forthcoming Shibarium upgrade to enhance the platforms functionality and security. Shibarium Upgrade Fuels Market Optimism,...