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Tue, May 07, 2024 01:52 PM All times are UTC

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Asia Roundup: Aussie slumps as unemployment rate edge up, dollar index hits 2-week trough after Fed projects 3 hikes for 2018, Asian shares slump - Thursday, March 22nd, 2018

Mar 22, 2018 06:42 am UTC| Market Roundups

Market Roundup Fed lifts rates, signals tougher stance as economy strengthens Trump set for China tariff announcement on Thursday, trade war fears grow U.S. Treasury has prepared China investment...

Americas Roundup:Dollar falls as Fed sticks to three rate-hike view for 2018,Gold rises,US Stocks end modestly lower,Oil hits 6-wk high on inventory data, OPEC compliance, Iran worries-March 22nd 2018

Mar 21, 2018 21:22 pm UTC| Market Roundups

Market Roundup Fed raises rates, signals confidence in strengthening economy. Trump supports massive U.S. funding bill, shutdown looms. Cryptocurrency issuers clean up, shun US investors as SEC gets tough. ...

Europe Roundup: Sterling gains as UK wages growth nears 2-1/2 year peak, dollar index off 3-week high ahead of Fed policy decision, European shares ease - Wednesday, March 21st, 2018

Mar 21, 2018 11:50 am UTC| Market Roundups

Market Roundup EUR/USD -0.08%, USD/JPY 0.51%, GBP/USD 0.05%, EUR/GBP -0.16% DXY 0.04%, DAX -0.3 %, FTSE 0.03%, Brent 0.79%, Gold -0.15% Powells Fed likely to raise rates, may upgrade 2018...

Asia Roundup: Kiwi hits 1-1/2 month low on trade war concerns, dollar index consolidates ahead of FOMC policy decision, investors eye UK wage report - Wednesday, March 21st, 2018

Mar 21, 2018 06:18 am UTC| Market Roundups

Market Roundup Powells Fed likely to raise rates, may upgrade 2018 outlook U.S. Congress leaders near deal on government funding bill -senators Trump praises U.S. military sales to Saudi as he welcomes...

Americas Roundup: Dollar broadly higher as investors focus on Fed meeting ,Wall Street ends up slightly, Gold edges lower ,Oil rises to 3-wk high on Mideast tensions, Venezuela concerns-March 21st 2018

Mar 20, 2018 20:33 pm UTC| Market Roundups

Market Roundup G20 ministers call for further dialogue and actions on trade. WTO members say U.S. actions threaten trade bodys credibility. U.S. Congress leaders seek to finalize $1.3 trillion spending...

Europe Roundup: Sterling eases on weaker-than-expected CPI, euro fall on downbeat German ZEW economic sentiment, European shares rally - Tuesday, March 20th, 2018

Mar 20, 2018 11:48 am UTC| Market Roundups

Market Roundup EUR/USD -0.19%, USD/JPY 0.23%, GBP/USD 0.06%, EUR/GBP -0.25% DXY 0.31%, DAX -0.01 %, FTSE 0.17%, Brent 0.83%, Gold -0.3% Germany ZEW Economic Sentiment Mar, 5.1, forecast 13.0, previous...

Asia Roundup: Antipodeans slump on U.S. protectionism concerns, dollar index eases as investors turn cautious ahead of Fed's policy review, Asian shares slump - Tuesday, March 20th, 2018

Mar 20, 2018 06:59 am UTC| Market Roundups

Market Roundup U.S. expected to impose up to $60 bln in China tariffs by Friday -sources G20 pushes for free trade as U.S. vows to defend national interest Japan says G20 communique to reflect fears of...

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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

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,...

Kia Drops Images of Its New All-Electric EV3 Model Ahead of Release

Kia Motors announced that its latest electric car model called the EV3, is finally coming to the market this month. Ahead of the release, the South Korean automaker dropped images of the anticipated new EV to tease...

Switch Successor Announcement Expected Before Next April, Nintendo States

Nintendo has stated that it will officially introduce the Switch replacement system within this fiscal year before March 31, 2025. Upcoming Nintendo Direct Focuses on Current Switch Games Nintendo president Shuntaro...

Marathon Digital Soars 18% on News of S&P SmallCap 600 Inclusion

Marathon Digital, a leading Bitcoin miner, is set to join the SP SmallCap 600, propelling its shares up by 18%. Announced to replace Aaon in the index on May 8, the move reflects Marathons growing influence in the...