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Asia Roundup: Dollar strengthens against the yen on upbeat employment figures, Aussie regains 0.7600 handle, investors eye BoE policy outcome - Thursday, August 4th, 2016

Aug 04, 2016 06:35 am UTC| Market Roundups

Market Roundup BoJ DepGov Iwata Eased recently to deal with increased overseas risks, USD funding needs, JPY gains slowing price rises but inflation to eventually turn up, optimistic on growth, ready to ease again...

Americas Roundup: Dollar rallies after losses; focus on U.S. non-farm payrolls, oil up 3 pct on big U.S. gasoline draw; WTI back above $40-August, 4th,2016

Aug 03, 2016 21:42 pm UTC| Market Roundups

Market Roundup U.S. private sector adds 179k jobs in July, Jun revised to 176k from 172k (ADP). US Markit svcs PMI final 51.4 v 50.9, comp PMI final 51.8 vs 51.5 previous. US ISM N-Mfg PMI 55.5 vs forecast 56,...

Europe Roundup: Sterling steadies as investors remain cautious ahead of BoE policy decision, crude oil rebounds from multi-month lows, European shares trade in red - Wednesday, August 3rd, 2016

Aug 03, 2016 12:44 pm UTC| Market Roundups

Market Roundup GBP/USD 0.09%, USD/JPY 0.3%, EUR/USD -0.2% Japan PM Abe - Will do utmost to defeat deflation PM Abe: economy is top priority for the new cabinet Japan MOF Asakawa warns against...

Asia Roundup: Dollar index hovers near 6-week low, crude oil prices extend losses amid fuel oversupply, Asian shares decline - Wednesday, August 3rd, 2016

Aug 03, 2016 06:47 am UTC| Market Roundups

Market Roundup Japan MoF Asakawa FX market nervous, eyeing moves carefully Reuters. BoJ Policy Board June 15-16 meeting minutes Increase in service prices not enough to offset slowing gains in goods prices,...

Americas Roundup: Dollar slides as U.S. data clouds rate hike outlook, U.S. crude falls to end below $40/bbl for first time since April-August 3rd,2016

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

Market Roundup US consumer spending exits Q2 with strong momentum, +0.4% in Jun; Inflation-adjusted spending +0.3%. US June personal income +0.2%, wages/salaries +0.3% vs 0.2% in May. US core PCE price Index...

Europe Roundup: Sterling rises on upbeat construction PMI, euro hits 5-week high above 1.1200 handle, dollar slumps after Japan's cabinet approves stimulus - Tuesday, August 2nd, 2016

Aug 02, 2016 12:18 pm UTC| Market Roundups

Market Roundup GBP/USD 0.5%, USD/JPY -0.6%, EUR/USD 0.28% Feds Kaplan urges patience in raising rates, points to global risks Japan cabinet approves $130bn in fiscal steps as part of stimulus Fiscal...

Asia Roundup: Aussie slumps below 0.7500 handle after RBA cuts OCR 25 bps to 1.5 pct, crude oil price weighed down by supply glut, Asian shares edge lower - Tuesday, August 2nd, 2016

Aug 02, 2016 06:35 am UTC| Market Roundups

Market Roundup RBA cuts OCR 25 bps to 1.5% as forecast, global economy growing at below average pace, rising AUD could complicated economic transition, China growth moderating, inflation quite low, to remain so ...

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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

Australia Set to Unveil Spot Bitcoin ETFs, $4 Billion Inflows Projected

Australias top exchange, the ASX, is poised to approve its first spot in Bitcoin ETFs. This could potentially unlock $3 to $4 billion in initial inflows over the next three years, bolstering the countrys robust crypto...

Tesla Cybertruck Triumphs in Off-Road Challenge, Reveals Enhanced Features

Teslas Cybertruck recently demonstrated its superior off-road capabilities in a video featuring new adjustments for pitch and angle to boost its performance on challenging terrains. Cybertruck Outperforms in Rigorous...

China Beat South Korea in OLED Panel Shipments for Small Gadgets

China reportedly defeated South Korea in the shipment of organic light-emitting display panels, or OLED, for IT gadgets. The Chinese makers outdid Korea for the first time in the first quarter of 2024. New Records for...

LG Uplus, Kakao Mobility EV Charging Joint Venture Approved by the FTC

LG Uplus and Kakao Mobilitys joint venture to operate electric vehicle charging stations has been approved by the Fair Trade Commission. The antitrust regulator approved the JV on Monday, April 29. FTCs Crucial...
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