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Mon, Apr 29, 2024 06:19 AM All times are UTC

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Europe Roundup: Sterling consolidates below 1.2700 amid Brexit uncertainty, dollar rebounds against yen as crude oil steadies, European shares ease - Thursday, June 22nd, 2017

Jun 22, 2017 12:09 pm UTC| Market Roundups

Market Roundup EUR/USD -0.03%, USD/JPY -0.11%, GBP/USD -0.03%, EUR/GBP flat DXY -0.01%, DAX +0.01%, FTSE -0.38%, Brent +1.05%, Gold +0.04% ECB sees solid Q2 eurozone growth Brexit uncertainty is...

Asia Roundup: Kiwi rallies as RBNZ stands pat, dollar falls against yen amid geo-political uncertainties, Asian shares advance - Thursday, June 22nd, 2017

Jun 22, 2017 06:19 am UTC| Market Roundups

Market Roundup RBNZ holds rate at record lows of 1.75% Policy to remain accommodative for considerable period-RBNZ BOJ Iwata - No need to raise rates now, ultra-easy stance way to go Needed to achieve 2%...

Americas Roundup: Dollar edges lower against basket of currencies, U.S. Treasury yield curve narrowest in nearly a decade, Oil drops to 10-mth low, biggest first-half slide in 20 years, Fed speakers in focus this week-June 22nd,2017

Jun 21, 2017 21:02 pm UTC| Market Roundups

Market Roundup US Existing Home Sales May 5.62m vs 5.55m forecast, 5.56m previous. US Existing Home Sales Chg May +1.1% vs -0.5% forecast, -2.5% previous. US Mortgage Market Index 445.2, 442.6 previous. US...

Europe Roundup: Sterling off 2-month low on BoE Haldane's comments, dollar falls against yen on risk off sentiment, commodity currencies ease as crude oil hits 7-month low - Wednesday, June 21st, 2017

Jun 21, 2017 12:15 pm UTC| Market Roundups

Market Roundup EUR/USD +0.11%, USD/JPY -0.29%, GBP/USD -0.07%, EUR/GBP +0.18% DXY -0.11%, DAX -0.59%, FTSE -0.27%, Brent -0.43%, Gold +0.37% Bank of England reports consumer squeeze, solid business...

Asia Roundup: Antipodeans decline as crude oil slumps to 7-month lows, dollar off 3-1/2 week high against the yen, Asian shares trade in red - Wednesday, June 21st, 2017

Jun 21, 2017 06:08 am UTC| Market Roundups

Market Roundup BOJ Apr 26-27 Policy Board minutes Affirms even-keel policy BOJ Policy Board - Fluctuations in JGBs normal under YCC, no guidance probs BOJ - Inflation expectations weak, output-exports to...

Americas Roundup: Dollar rallies on Fed rate hike bets, Wall Street dips, U.S. crude ends at nine-month lows on global oversupply-June 21st, 2017

Jun 20, 2017 20:07 pm UTC| Market Roundups

Market Roundup US Current Account Q1 -116.8b vs -123.8b forecast, -114.0b. US Redbook MM w/e +0.7%, 0.5% previous. US Redbook YY +2.8%, 2.1% previous. CA Wholesale Trade MM Apr +1.0% vs 0.5%, +1.2%...

Europe Roundup: Sterling hits 1-week low following BoE Carney's comments on interest rates, dollar index near 3-week peak on Fed rate hike bets, markets eye Fed Kaplan's speech - Tuesday, June 20th, 2017

Jun 20, 2017 11:56 am UTC| Market Roundups

Market Roundup EUR/USD +0.12%, USD/JPY flat, GBP/USD -0.47%, EUR/GBP +0.63% DXY -0.02%, DAX +0.22%, FTSE +0.08%, Brent -1.6%, Gold +0.31% Bank of Englands Carney says now not the time to raise...

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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...

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...

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...

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

KT Innovates Media, Content Business Through AI

KT Group is transforming its media and content business through artificial intelligence (AI). The company is innovating the mentioned units as part of its acceleration strategy. According to Yonhap News Agency, KT said...

Musk Engages China: Baidu’s Data Deal and High-Stakes Hotel Meet with CATL

Tesla CEO Elon Musk is making headlines with a double play in China: securing critical navigation data from Baidu and engaging in strategic talks with CATL. These moves underline Teslas push to lead in global tech and...

Elon Musk Injects $10 Billion Into Tesla AI, Eyes Autonomous Robotaxi

Elon Musk has declared a monumental $10 billion investment in Teslas artificial intelligence, setting the stage for advanced autonomous driving and a potential Robotaxi service. Tesla to Invest $10 Billion in AI for...

OpenAI and Worldcoin Eye Strategic Partnership Amid Regulatory Gaze

Amid escalating regulatory scrutiny, OpenAI, led by Sam Altman, is reportedly discussing a potential partnership with Worldcoin, another venture Altman co-founded. As detailed by Bloomberg, these talks could lead to...

Traders Forecast Best Altseason Since 2017 as Bitcoin Momentum Cools

As Bitcoin stabilizes above $64,000, traders forecast a burgeoning altcoin market that may mirror the explosive growth last seen in 2017. Bitcoin Rebounds Over Weekend, Traders Anticipate Potential Altcoin...