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Sat, Apr 27, 2024 05:53 PM All times are UTC

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Asia Roundup: Dollar near 8-month high against yen as U.S. yields resume rising, crude oil subdued ahead of next week's OPEC meeting, Asian shares advance - Friday, November 25th, 2016

Nov 25, 2016 06:11 am UTC| Market Roundups

Market Roundup Japan MoF flow data week ended Nov 19 Japanese buy net Y672.4 bln foreign stocks, sell Y260.6 bln bonds, Y9.9 bln bills; foreign investors buy net Y461.7 bln Japan stocks, sell Y1.1068 trillion bonds,...

Europe Roundup: Sterling rebounds, dollar index near 14-year high on rising rate hike expectations, European shares gains - Thursday, November 24th, 2016

Nov 24, 2016 11:58 am UTC| Market Roundups

Market Roundup EUR/USD +0.26%, USD/JPY +0.39%, GBP/USD -0.3% DXY -0.22%, DAX +0.05%, Brent +-0.08%, Iron +2.4%, Gold +0.06% Germany Q3 Detailed GDP 1.5% y/y vs 1.5% previous, 1.7%expected Germany Nov...

Asia Roundup: Dollar rallies as upbeat U.S. data boosts rate hike expectations, yen, euro hover near multi-month lows, crude oil volatile amid OPEC meeting uncertainty - Thursday, November 24th, 2016

Nov 24, 2016 06:21 am UTC| Market Roundups

Market Roundup China banks seen selling USD to brake CNY slide. Fears over long-term RMB devaluation groundless Securities Times. PBOC fixes CNY at 6.9085 vs USD, CNY weakest since June 08, spot (CNH=D3)...

Americas Roundup: Dollar rises across the board on upbeat U.S. data, FOMC minutes show confidence in near term rate hike, Gold slides to 9-1/2-month low-November 24th, 2016

Nov 23, 2016 22:53 pm UTC| Market Roundups

Market Roundup Fed minutes showed policymakers confident of need for rate hikes on eve of Trump win. US Oct durable goods +4.8% vs forecast +1.5%; previous revised up. Markit US manufacturing PMI, new orders...

Europe Roundup: Sterling slumps ahead of budget statement, euro declines despite upbeat economic data, markets cautiously await FOMC policy meeting minutes - Wednesday, November 23rd, 2016

Nov 23, 2016 11:51 am UTC| Market Roundups

Market Roundup USD/JPY -0.12%, EUR/USD +0.01%, GBP/USD -0.35% DXY +0.11%, DAX -0.5%, Brent +0.33%, Iron +8.9%, Gold +0.05% Bund 10-year yield jumps 6bps to 0.273 ECB seeks to lend out more bonds to...

Asia Roundup: Antipodeans steady on rising crude oil prices, dollar nears 13 1/2-year high after strong U.S. housing data, Asian shares hit 1-week high amid holiday-thinned-trading - Wednesday, 23rd, 2016

Nov 23, 2016 06:09 am UTC| Market Roundups

Market Roundup Public holiday in Japan - Labour Thanksgiving Day UKs Hammond to tackle still large budget deficit and inject dynamism into economy - Treasury UKs Hammond to soften slightly the rate at which...

Americas Roundup: Dollar regains footing as U.S. data boosts Dec rate hike view, Wall St extends record streak, Oil prices end near flat on uncertain outcome from OPEC meeting-November 23rd, 2016

Nov 22, 2016 22:53 pm UTC| Market Roundups

Market Roundup US Oct existing homes sales rise 2% v forecast -0.5%, 9.5-year high; Median price +6% y/y, inventory -4.3% y/y. Wall St at record high, Dow tops 19k for first time, SP 500 tops 2,200 mark, boosted by...

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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...

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...

What if the Reserve Bank itself has been feeding inflation? An economist explains

Heres something for the board of the Reserve Bank of Australia to ponder as it meets next month to set interest rates. It has pushed up rates on 13 occasions since it began its attempt to restrain inflation in May...

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

SHIB Burn Rate Soars 88% Following Major Shibarium Upgrade Announcement

Following a crucial upgrade announcement for Shibarium, Shibburn reports a dramatic 88.32% increase in the SHIB burn rate, removing millions from circulation and significantly boosting Shiba Inu coin holders. SHIB...

Solana Co-Founder Clashes with Vitalik Buterin, Champions Meme Coin Culture

In a bold social media move, Solanas co-founder Raj Gokal defended meme coins and subtly critiqued Ethereums Vitalik Buterin, stirring controversy in the crypto community. Solanas Gokal Defends Meme Coins, Warns...

Tesla Model 3 Performance Price Surges Days After Debut, Cybertruck Powershare Costs Skyrocket

Just days after Tesla released its Model 3 Performance, the company increased its price by $1,000. Meanwhile, a Tesla Cybertruck owner faces a staggering $30,000 quote for a Powershare installation, which would enable his...

Apple Partners with OpenAI for On-Device AI in iOS 18, Enhancing Privacy

Apple Inc. has reignited discussions with OpenAI to integrate advanced AI features into iOS 18, utilizing large language models entirely on-device. According to a Bloomberg report, this move promises to significantly...

Republic First Bank Shut Down by Regulators, Crypto Prices Tumble

In a significant regulatory move, the Pennsylvania Department of Banking and Securities has closed Republic First Bank, marking the first major U.S. bank collapse of 2024. The closure has sparked heated reactions within...