Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Market Roundups

Thu, May 02, 2024 11:21 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Asia Roundup: Kiwi hits 3-week high on upbeat economic data, dollar steadies against yen amid geopolitical concerns, crude oil slumps on rising U.S. supplies - Wednesday, April 19th, 2017

Apr 19, 2017 06:10 am UTC| Market Roundups

Market Roundup Yield curve flattens, is a Trump recession looming? - Seeking Alpha. US VP Pence Working with allies to put pressure on NoKorea Reuters. US military considers shooting down NoKorea missile...

Americas Roundup: US dollar fall on geopolitical concern, Sterling soars hits highest since December, Oil dips, hits 11-day low as U.S. shale output seen surging-April 19th, 2017

Apr 18, 2017 20:12 pm UTC| Market Roundups

Market Roundup UK PM May: Wants to hold an early election on June 8. UK opposition Labour Party will back PM Mays call for early election BBC Political Editor on Twitter. UK Finance Minister Hammond: Notes...

Europe Roundup: Sterling hits 2-1/2 month high after PM May's announcement, euro steadies as French election loom, European shares touch 2-week trough - Tuesday, April 18th, 2017

Apr 18, 2017 11:47 am UTC| Market Roundups

Market Roundup EUR/USD -0.1%, USD/JPY -0.2%, GBP/USD -0.1%, EUR/GBP +0.2% DXY -0.1%, DAX -0.7%, FTSE -1.2%, Copper +0.7%, Gold +0.15% British PM May calls for early election on June 8 Sterling recovers...

Asia Roundup: Aussie slumps following RBA minutes, dollar off 5-month low against yen on Mnuchin's comments, Asian shares ease amid risk-off sentiment- Tuesday, April 18th, 2017

Apr 18, 2017 05:57 am UTC| Market Roundups

Market Roundup Japan government nominates reflationists to BoJ Policy Board to replace dissenters Kiuchi, Sato, both Goushi Kataoka and Hitoshi Suzuki hail from MUFJ Group, Kataoka has written on tax barriers, Suzuki...

Americas Roundup: Dollar hits 5-week low against Japanese yen then pares losses, Oil edges lower, trade thin as some cash in after 3-week rally-April 18th, 2017

Apr 17, 2017 20:24 pm UTC| Market Roundups

Market Roundup US April NAHB Housing Market Index 68 (f/c 70) versus 71 in March. US economyis seen growing at 0.5% in Q1 vs. +0.6% estimate April 7- Atlanta Feds GDPNow Model. NY Feds Empire State Current...

Asia Roundup: Antipodeans rally on upbeat Chinese economic data, dollar hits 5-month low against yen on North Korea tensions, Asian shares decline amid holiday-thinned trade- Monday, April 17th, 2017

Apr 17, 2017 06:14 am UTC| Market Roundups

Market Roundup US Treasury No major trading partner met all three thresholds for enhanced engagement on currency manipulation in 16 under 88 law, China, Japan, South Korea, Taiwan, Germany and Switzerland to remain...

Americas Roundup: Dollar recovers after selloff Wed on Trump comments, US stocks dip, Oil near flat in strong week for crude-April 15th, 2017

Apr 13, 2017 21:36 pm UTC| Market Roundups

Market Roundup US weekly jobless claims point to tightening labor market, 234k v 245k forecast; 4-wk Avg -3k. US PPI final demand y/y 2.3% v 2.4% forecast, 2.2% previous, m/m -0.1% v 0% forecast, 0.3% previous. ...

641 642 643 644 645 646 647 648 649 650

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...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Extraordinary Vietnam fraud case exposes the inherent vulnerabilities of banks

The financial crisis of 2008 showed just how much the world depends on banks being well run. Since then, regulators have been given new powers to keep some of the biggest institutions on a much shorter leash to stamp out...

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,...

Military conscription is returning to Europe, but is it really a more equal way of mobilising? What history tells us

The idea that conscription, defined as the compulsory enlistment of citizens for military service, can increase equality and instil a sense of solidarity that transcends traditional societal divides has echoed throughout...

The 50th anniversary of Portugal’s Carnation Revolution

Across Portugal, a number of photography exhibitions are currently on display that commemorate the ousting of the Estado Novo, the dictatorial, authoritarian and corporatist political regime that had ruled the country...

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

Anthropic Launches Claude AI App on iPhone to Rival OpenAI’s ChatGPT

Anthropic PBC, an artificial intelligence startup established in 2021, announced on Wednesday, May 1, that it launched an iOS app for its Claude 3 AI chatbot or language models. The company also unveiled a new subscription...

Shiba Inu Whale Moves 100 Billion SHIB Before FOMC, Signals Market Stir

In a surprising move, a mysterious Shiba Inu whale deposited 100 billion SHIB tokens into Coinbase, coinciding with a significant price drop just before the Federal Reserves crucial rate decision. This action has stirred...

Dongfeng Unveils High-Power Tesla Cybertruck Rival, Eyes Production in Italy

At the Beijing Auto Show, Dongfeng Motor Group showcased a Cybertruck-inspired electric vehicle boasting an impressive 1,305 horsepower, signaling its ambitions to produce over 100,000 electrified cars annually in Italy....

Biden Administration Set to Finalize Stricter EV Tax Credit Rules

The Biden administration is finalizing new electric vehicle tax credit rules, slashing the list of eligible models to just 13. This update, part of a broader effort to refine economic incentives before the election,...

Zeus Network Set to Launch Solana to Bitcoin Bridge in Q3 2024

Zeus Network has announced the launch of Zeus Program Library (ZPL) by Q3 2024, a pioneering bridge designed to connect and enhance asset transfer between the Solana and Bitcoin ecosystems, offering broad applications in...