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Sun, May 05, 2024 05:54 PM All times are UTC

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Asia Roundup: Kiwi slumps as RBNZ prepared for quantitative easing in crisis, dollar falls against yen as Trump displeased with U.S.-China trade talks, Asian shares ease - Wednesday, May 23rd, 2018

May 23, 2018 06:43 am UTC| Market Roundups

Market Roundup Trump casts doubt on planned summit with North Korean leader Trump floats management changes instead of sanctions for Chinas ZTE Congress eases post-crisis bank rules in victory for...

America's Roundup: Dollar eases as focus turns to Fed minutes, Wall Street dips ,Gold steadies, Brent rises on supply concerns, U.S.-China trade worries weigh-May 23rd,2018

May 22, 2018 20:52 pm UTC| Market Roundups

Market Roundup Trump floats large fine, management changes for Chinas ZTE. Trump casts doubt on planned summit with North Korean leader . US May Rich Fed Comp. Index, 16, -3 previous. US May Rich Fed,...

Europe Roundup: Sterling rebounds on BoE Vlieghe's comments, euro steadies as Italy's government formation stall, European shares at 4-month peak - Tuesday, May 22nd, 2018

May 22, 2018 11:24 am UTC| Market Roundups

Market Roundup Bank of Englands Carney says his message on rates isnt misunderstood Bank of Englands Vlieghe says he sees more rate hikes than market did EUs Malmstrom says thinks U.S. considers EU trade...

Asia Roundup: Antipodeans rally as crude oil soars to record highs, dollar index steadies near 5-month peak as U.S.-China trade war fears ebb, Asian shares ease amid holiday thinned-trading - Tuesday, May 22nd, 2018

May 22, 2018 06:54 am UTC| Market Roundups

Market Roundup Trade war fears ebb as U.S., China agree to continue talks U.S., China nearing deal to remove U.S. sales ban against ZTE -sources With N.Korea summit on shaky ground, Trump to press S. Korean...

America's Roundup: Dollar gains, euro pressured by Italy uncertainty, Wall Street climbs on trade war truce, Gold hits 2018 low, Oil rallies to multi-year highs on Venezuela worries-May 22nd, 2018

May 21, 2018 20:43 pm UTC| Market Roundups

Market Roundup Trade war fears ebb as U.S., China agree to continue talks . U.S.s Mnuchin: Significant issues remain over NAFTA . Trump presses China on North Korea border ahead of summit. Feds Bostic...

Europe Roundup: Sterling near 5-month trough on fading BoE rate hike expectations, euro slumps on Italy's political worries, European shares surge as U.S.-China trade war fears recede - Monday, May 21st, 2018

May 21, 2018 11:07 am UTC| Market Roundups

Market Roundup EUR/USD -0.27%, USD/JPY 0.49%, GBP/USD -0.5%, EUR/GBP 0.23% DXY 0.28%, DAX flat, FTSE 0.85%, Brent 0.27%, Gold -0.53% China relieved U.S. trade war is on hold U.S. business...

Asia Roundup: Kiwi slumps on slower-than-expected retail sales volumes, dollar rallies against yen as U.S.-China trade war worries recede, Asian shares surge on revived risk sentiment - Monday, May 21st, 2018

May 21, 2018 06:00 am UTC| Market Roundups

Market Roundup China praises positive steps in U.S. trade row, says didnt give in U.S. underscores importance of concluding new NAFTA deal Trump to ask Justice Dept to look into campaign surveillance...

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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

Samsung's Galaxy S25 Rumored to Boost Longevity with 'Battery AI'

Samsungs upcoming Galaxy S25 Ultra is poised to incorporate Battery AI, an innovative technology promising to improve battery life by up to 10% through smarter energy management. Unlocking the Potential of Battery AI in...

AI Protocol Render (RNDR) Soars 15% As Bitcoin Fights For Balance

As Bitcoin grapples with market volatility, altcoin Render (RNDR) stands out with a remarkable 15% surge, showcasing its resilience amid the crypto markets tumult. This surge comes as Bitcoin struggles to find stability,...

Huawei's Covert US Funding Scheme Raises Eyebrows Amid Export Ban

The revelation of Huaweis discreet sponsorship of U.S. research through a Washington-based foundation has reignited concerns about the efficacy of the export ban. Despite regulatory hurdles, the tech giant managed to fund...

Crypto.com's F1 Sponsorship Expansion Sparks Global Visibility Drive

Crypto.com, one of the top exchanges in the digital currency ecosystem, is set to expand its sporting ad budget. Notably, the trading platform is looking to expand its dominance in its push for global...

Stablecoins Set to Overtake Visa, Ripple CEO Affirms XRP and ETH Not Securities

Stablecoins are poised to challenge Visas dominance in payment volume, marking a significant shift in the crypto landscape. Meanwhile, Ripple CEO Brad Garlinghouse asserts that XRP and Ethereum (ETH) are not securities,...