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Fri, May 10, 2024 06:14 AM All times are UTC

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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...

Europe Roundup: Sterling eases after rising 1-month high, dollar index consolidates near 13-1/2 year peak, European shares rally - Tuesday, November 22nd, 2016

Nov 22, 2016 12:02 pm UTC| Market Roundups

Market Roundup USD/JPY +0.01%, EUR/USD +0.02%, GBP/USD -0.4% DXY +0.09%, DAX +0.7%, Brent +0.8%, Iron +6.0%, Gold +0.3% Switzerland Oct Trade Balance. CHF 2.678 bln vs revised 4.325 bln previous UK Oct...

Asia Roundup: Dollar index eases from 13-1/2-year high, crude oil rises on planned production cut talks, Asian shares hit 1-week high - Tuesday, November 22nd, 2016

Nov 22, 2016 06:13 am UTC| Market Roundups

Market Roundup BOJ Kuroda: Large long-term debt purchases could cause problems with liquidity, but have not seen this problem so far BOJ Kuroda: Too early to talk about how BOJ will manage its balance sheet when...

Americas Roundup: Euro rises against dollar on positive political developments, Oil hits three-week high on OPEC prospects-November 22nd, 2016

Nov 21, 2016 22:57 pm UTC| Market Roundups

Market Roundup Oil rally helps lifts equities; Wall St at record, Oil hits 3-wk high on OPEC prospects. SP sets intraday record, poised for closing record, USD slips but stays close to highest since 2003. Feds...

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Economy

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

US long-term care costs are sky-high, but Washington state’s new way to help pay for them could be nixed

If you needed long-term care, could you afford it? For many Americans, especially those with a middle-class income and little savings, the answer to that question is absolutely not. Nursing homes charge somewhere...

Politics

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

US election: why it’s not the protesters’ votes that the Democrats should worry about

As hundreds of New York police officers in riot gear were called in to clear away a student protest at Columbia University on Tuesday night, the university president Nemat Shafik was saying she had no choice but to take...

Trump-proofing Nato: why Europe’s current nuclear deterrents may not be enough to face biggest threats since WWII

Though a second Trump presidency is not a foregone conclusion, Nato members are gearing up to Trump-proof the organisation and reviewing their defence strategies. Natos concerns about Trumps re-election were heightened...

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

Former SEC Commissioner Criticizes Broad Crypto Definitions, Lubin Challenges SEC

At the TokenizeThis 2024 conference, former SEC Commissioner Troy Paredes criticized the SEC for its expansive interpretation of digital assets as securities. Concurrently, Ethereum co-founder Joseph Lubin at the F.T. Live...

Pantera Capital Sets Record with Massive Investment in Telegram's TON

Pantera Capital has announced a record-breaking investment in Telegrams TON blockchain, marking its largest commitment to date and signifying robust confidence in blockchains future. This strategic move underscores a major...

Xiaomi SU7 Fails After 39km, Company Offers Compensation and Replacement

In a recent setback, a Xiaomi SU7 electric vehicle owned by Mr. Wen malfunctioned after just 39 kilometers, leading to significant customer dissatisfaction. Xiaomi has responded by offering compensation and agreeing to...

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

OpenAI Set to Unveil Google Rival Search Tool Next Monday, Sources Reveal

OpenAI, in partnership with Microsoft, is slated to announce a groundbreaking AI-powered search tool on May 13, challenging Googles dominance just a day before its major I/O conference, according to sources. OpenAIs...