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Tue, May 07, 2024 04:22 PM All times are UTC

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Americas Roundup: Dollar gains broadly after Trump says to announce major tax plan, Oil prices rise but remain range-bound-February 10th, 2017

Feb 09, 2017 22:20 pm UTC| Market Roundups

Market Roundup US initial jobless claims -12k to 234k from 246k previous, near 43-year low; 4-wk avg (244.25k claims lowest since 1973. US Wholesales inventories unchanged at 1% in Dec as per forecast, sales +2.6%...

Europe Roundup: Sterling hits 1-week high, euro continues to slump on political woes, markets eye Fed officials’ speeches- Thursday, February 9th, 2017

Feb 09, 2017 12:17 pm UTC| Market Roundups

Market Roundup USD/JPY +0.3%, GBP/USD +-0.2%, AUD/USD +0.1%, NZD/USD -0.7% DXY -0.1%, DAX +0.2%, Brent +.0%, Gold +0.1%, Copper -0.5% Euro headed for worst week since mid-December NZD slides after CB...

Asia Roundup: Kiwi slumps below 0.7200 as RBNZ disappoints hawks, dollar retreats from 10-week lows against yen, Asian shares hit 18-month peak - Thursday, February 9th, 2017

Feb 09, 2017 05:54 am UTC| Market Roundups

Market Roundup BoJ DepGov Nakaso Risks to economic-price outlook skewed to downside, despite bright spots in economy, momentum towards hitting price goal not yet sufficient, mulling hike in long-term rate target...

Americas Roundup-Dollar down as U.S. Treasury yields fall, Oil prices edge up on short covering; gasoline jumps-February 9th,2017

Feb 08, 2017 22:37 pm UTC| Market Roundups

Market Roundup USD down as US. Treasury yields fall, Yen gains on global political uncertainty. German Finance Minister spokeswoman denies Bloomberg report Germany had pushed for G20 to back tighter monetary...

Europe Roundup: Sterling hovers around 1.2500 ahead of BoE Cunliffe's speech, euro hits 1-week low, gold touches 3-month peak on political risks - Wednesday, February 8th, 2017

Feb 08, 2017 12:10 pm UTC| Market Roundups

Market Roundup USD/JPY -0.1%, GBP/USD -0.1%, EUR/USD -0.3%, USD/CHF +0.2% DXY +0.3%, DAX +0.2%, Brent -0.7%, Gold +0.2%, Copper +1.5% Political risks weigh on euro France, Italy bond yield spreads over...

Asia Roundup: Kiwi off highs ahead of RBNZ policy meeting, euro hovers near 1-week low on political woes, Asian shares fall amid risk-off sentiment - Wednesday, February 8th, 2017

Feb 08, 2017 06:18 am UTC| Market Roundups

Market Roundup Japan ChiefCabSec Suga Japan closely monitoring FX, commodity, and yield moves, all affect current account balance Reuters. BoJ Policy Board Jan 30-31 meeting minutes Inflation to rise as...

Americas Roundup: Sterling recovers on signs parliament to get more say on Brexit, Oil extends losses after API reports huge U.S. crude build-February 8th, 2017

Feb 07, 2017 22:15 pm UTC| Market Roundups

Market Roundup US trade deficit falls, -44.3b v 45b forecast -45.7b previous, as exports hit more than 1.5-yr high at USD190.7b. US job openings (JOLTS) fall to 5.501mn in Dec v 5.568m roti, 5.505m previous. ...

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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...