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Wed, Oct 20, 2021 01:42 PM All times are UTC Edition :

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Central Banking Series

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This series is dedicated to providing accurate and timely news about central banking, with a focus on monetary policy, financial stability and regulation for anyone looking to understand the policy of central banks and what central bankers think about the global economy.

Central Banking Series

RBA starts three-year countdown to lift in interest rates

Jul 06, 2021 08:55 am UTC| Economy Central Banks

In line with expectations, the Reserve Bank of Australia has announced it will keep official interest rates on hold at 0.10%. But is also ready to start tapering off its unconventional monetary policy measures...

Central Banking Series

It's not the Reserve Bank's job to worry about housing prices

Jun 12, 2021 07:15 am UTC| Economy Central Banks

Once again folks are pointing to the potential danger of Australias low interest rates. This week a poll of so-called market economists by ratings agency Fitch had only 12% of respondents in favour of the Reserve Bank...

Central Banking Series

BOK to prop up S. Korea's modest economic recovery

Mar 11, 2021 23:44 pm UTC| Economy

The Bank of Korea (BOK) will continue monetary easing to prop up an expected modest recovery in South Koreas economy. According to the BOK, it will pay close attention to household debts and financial imbalances as...

Negative Rates Series

Central Banking Series

The Reserve Bank could still go negative

Feb 02, 2021 13:10 pm UTC| Economy

Few people expected the Reserve Bank to adjust its cash rate at its first meeting of the year today, and for good reason. It has been saying loudly that it is not expecting to increase the cash rate for at least three...

Central Banking Series

Federal Reserve hopes years of zero rates will spur inflation – but there are risks

Sep 20, 2020 06:01 am UTC| Economy Central Banks

In a healthy economy, prices tend to go up a process called inflation. While you might not like that as a consumer, moderate price growth is a sign of a growing economy. And, historically at least, wages tend to go up...

FX Hedging Strategy Series

Central Banking Series

RBA Maintains Status Quo In Expansionary Mode Of Monetary Policy - Relative Values in Aussies Via Optionality

May 05, 2020 12:08 pm UTC| Research & Analysis Central Banks

The Reserve Bank of Australia (RBA) left its monetary policy unchanged this morning, but changed the rules for some collateral to assist with financing conditions on the capital markets. In its main scenario the RBA...

Central Banking Series

The Fed will have to do a lot more than cut rates to zero to stop Wall Street's coronavirus panic

Mar 17, 2020 01:38 am UTC| Economy Central Banks

The Federal Reserve is 0 for 2 in its fight against Wall Streets coronavirus panic, seeming to confirm perceptions of the central banks impotence. The Feds first attempt to calm thing down a half-point surprise rate...

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Economy

Xiaomi reportedly preparing to mass-produce its electric cars in 2024

Xiaomi Corp. is gearing up to sell its own electric cars, and the company revealed the schedule for mass production was earlier than expected. The Chinese smartphone maker will start the mass production of its EVs in the...

S. Korea’s 'Anti-Google' law reportedly not effective

South Korea was the first country to pass a law to stop Google and Apple from forcing developers and users of their app stores to use their payment systems. The countrys Anti-Google law was approved, and this gave users...

Samsung SDI, Stellantis sign joint venture deal for electric vehicle battery production

Samsung SDI Co. Ltd. and Stellantis N.V. have recently signed a deal to build a battery plant and produce batteries for electric vehicles. The facility is set to be built in the United States. The South Korean battery...

Coinbase inks deal to become exclusive cryptocurrency platform for NBA, WNBA, USA Basketball

Nasdaq-listed cryptocurrency exchange Coinbase has inked a multi-year partnership with the National Basketball Association (NBA) to be its exclusive cryptocurrency platform partner. The deal by Coinbase also applies...

S. Korea’s largest offshore wind farm exhibits low 22% capacity utilization rate

South Koreas largest offshore wind farm is exhibiting a low capacity utilization rate at 22 percent due to low wind velocity averaging at only 6.03 meters per second last year. This is lower than the 7 meters per second...

Politics

Capitol riots: Justice Department lawyer warns Republicans against 'lionizing' insurrectionists

Not long after the Capitol insurrection last January 6, Republican lawmakers, especially those who are known to be loyal to twice-impeached former President Donald Trump, have sought to paint the insurrectionists as...

Joe Biden urged by Michigan business groups to reconsider vaccine mandate

US President Joe Biden continues to promote getting vaccinated for COVID-19, especially as more demographics are now allowed to get the shot. Business groups based in Michigan have recently urged the US leader to...

North Korea fires another 'unidentified projectile' into the sea

North Koreas ongoing military activities have become a cause for concern amongst other nations as tensions still remain regarding its nuclear program and recent test launches. Seoul has recently confirmed that the isolated...

World War 3: Russia says Ukraine joining NATO 'a red line' as tensions remain

The long-running tensions between Ukraine and Russia could potentially spark another world war. Moscow recently weighed in on the possibility of Ukraine joining the NATO alliance, warning against a move to do so. Fears...

Kamala Harris pays tribute to Colin Powell

Top military general and former US Secretary of State Colin Powell passed away this week. Vice President Kamala Harris paid tribute to Powell during her visit to Nevada, touching on the late generals accomplishments and...

Science

Owls used in helping California vineyards get rid of rodents

A Humboldt State University team is attempting to prove that owls can be an effective eco-friendly option at protecting grapes from rodent attacks. Graduate students at the universitys Department of Wildlife under...

S. Korean researchers develop process that uses agri-waste to produce biofuels, plastics

The Korea Institute of Energy Research (KIER) had developed an enzymatic process that uses agricultural waste to produce the 4-hydroxy valeric acid--an ingredient for biofuels and plastics. The KIERs enzymatic process...

France probes Nestlé, 100 other firms over bisphenol-A use

The French government is investigating 101 companies, including Nestlé, for not disclosing their use of bisphenol-A in food packaging. In its statement of objections, Frances competition authority accused the 101...

Kansai found to have more genetically predisposed coffee lovers than elsewhere in Japan

Tokyo-based genome data analysis firm Euglena found that those with rs671 genotypes of ALDH2 are more predisposed to liking coffee and more prevalent in people from the Kansai area than other parts of Japan. Euglena...

S. Korean researchers develop eco-friendly fertilizer tech using greenhouse gases

A Kyung Hee University research team had developed a new eco-friendly technology that can turn methanol generated in livestock and agricultural areas into a hormone that promotes plant growth and rooting. The technology...

Technology

Valve updates ‘Half-Life 2’ for Steam Deck’s arrival

In a few months, Valves new portable gaming device called Steam Deck will enter the market to give fans a new way to access their favorite PC games. It appears that the companys preparations for the new hardwares launch...

‘Microsoft Flight Simulator’ is finally getting a military jet

Developers just announced that the Microsoft Flight Simulator is getting a Game of the Year edition launching next month. Aside from new features, the latest version of the game will also come with one of the most...

Instagram uploads via desktop browsers will be available on October 21

Instagram users have been able to view their profiles and pages they follow through the social networks desktop browser version for some time now. Creating new posts, however, has been restricted to the Instagram app....

CD Projekt says ‘The Witcher 3’ PS5 and Xbox Series X/S won’t launch this week

The Witcher 3 received a new rating for the PS5 and Xbox Series X/S consoles, starting a new round of speculations that its next-generation upgrade could be released soon. However, CD Projekt Red quickly dismissed...

Google guarantees Pixel 6 Android version updates until 2024 only

The launch of the Pixel 6 series proved that Google is coming back as one of the frontrunners in the smartphone market. However, the company can only guarantee that these devices will get Android version updates for the...