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Fri, May 17, 2024 03:32 PM All times are UTC

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Europe Open: Aussie slips on easing talk and China, weighs on Kiwi- Monday, March 2, 2015

Mar 02, 2015 06:26 am UTC| Market Roundups

Market Round Up ECB VP Constancio - ECB unconcerned about finding enough bonds for QE. Japan GPIF - Economy recovering, direct stock investments unlikely, in process of rebalancing portfolio, bought more stocks than...

Asia Open: Dollar index on track to extend winning monthly streak - 2nd March, 2015

Feb 27, 2015 21:25 pm UTC| Market Roundups

Market Roundup Feds Fischer says not an emphasis within FOMC on June rate liftoff as opposed to Sept Feds Fischer says asset purchase program continues to buoy economy, confident Fed has tools to hike rates, Rate rise...

U.S. Open: Markets focus on revised U.S. GDP to further gauge economy - 27 February, 2015

Feb 27, 2015 12:05 pm UTC| Market Roundups

Market Roundup EUR/GBP hits fresh 7+ year low at 0.7257. German lower house of parliament approves Greek bailout extension. EU Moscovici: If one country leaves EZ, question will arise whos next. Greek PM to...

Europe Open: USD/CNY drops to its lowest in more than two years - 27 February, 2015

Feb 27, 2015 05:57 am UTC| Market Roundups

Market Roundup Chinas yuan fell to the lowest level against the dollar in more than two years on Friday. BoJ Gov Kuroda: BoJ will not respond to oil prices themselves but will monitor how they affect inflation...

Asia Open: US $ rallied across the board following a batch of economic indicators, EUR floored - 27th February, 2015

Feb 26, 2015 21:24 pm UTC| Market Roundups

Market Roundup US CPI MM, SA Jan -0.7%, f/c -0.6%, -0.30%-prev US CPI YY, NSA Jan -0.1%, f/c -0.1%, 0.80%-prev US Core CPI MM, SA Jan 0.2%, f/c 0.1%, 0.10%-prev US Core CPI YY, NSA Jan 1.6%, f/c 1.6%, 1.60%-prev US...

U.S. Open: Looming ECB bond-buying, Fed chair comments in focus - 26 February, 2015

Feb 26, 2015 12:05 pm UTC| Market Roundups

Market Roundup EUR/GBP makes fresh 7 year lows at 0.7305 in Europe. AUD/USD climbs to 0.7910 from 0.7836 in Asia. Bank of England says net lending by FLS participants down 6.9 bln stg in fourth quarter; net lending...

Europe Open: BOJ Kuroda says current QQE will end if 2 pct inflation is achieved in a stable manner- 26 February, 2015

Feb 26, 2015 06:08 am UTC| Market Roundups

Market Roundup BoJ Gov Kuroda: Dont think buying long-term JGBs under QQE makes it impossible to exit QQE; BoJ will be able to cope with exit from QQE through various options; will end current QQE if 2 pct inflation is...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

Politics

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...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

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...

Technology

Microsoft Integrates AMD AI Chips into Azure, Competing with Nvidia’s GPU Offerings

Microsoft announced Thursday that it will integrate AMDs MI300X processors into its Azure cloud services, offering a competitive alternative to Nvidias GPUs. Azures New AI Processing Power According to Reuters,...

Altcoins a ‘Relatively Huge’ Risk as Big Returns Fade, Analysts Warn Investors

Analysts caution that altcoins now represent a relatively huge risk, with the days of massive returns fading. Markus Thielen of 10xResearch suggests the high-reward era is over as crypto market narratives...

Bitcoin Has Best Day in 2 Months as SHIB to Get More Scarce with Shibarium

Bitcoin experienced its largest single-day rise in nearly two months, while ShibaSwaps expansion to Shibarium is set to increase SHIBs scarcity by boosting its burn rate. ShibaSwap Launches on Shibarium, Increasing SHIB...

Kia's Electric Pickup Spotted in US Testing, Targets Tesla Cybertruck, Ford F-150 Lightning

Kias upcoming electric pickup, designed to rival the Tesla Cybertruck, Rivian R1T, and Ford F-150 Lightning, has been spotted testing in the U.S., marking a significant step in its development. Kias Strategic Move into...

OpenAI Strikes Deal with Reddit to Bring Content to ChatGPT, Boosting Stocks

OpenAI and Reddit announced a partnership on May 16 to integrate Reddit content into ChatGPT, enhancing the chatbots capabilities and driving Reddits stock up 12% in extended trading. Reddit Diversifies Beyond...