Menu

Search

In this exclusive series, we cover on negative rates and its fallacies and implications on global economy. Two fundamental ideas underlying this series are (1) the world may have moved from a positive carry to a negative carry and (2) negative rates are contradictory.

Negative Rates Series

Negative interest rates may not boost UK economy – here's what the Bank of England should try first

Feb 09, 2021 11:44 am UTC| Economy

The Bank of England has given banks and building societies in the UK six months to prepare for the possible introduction of negative interest rates for the first time in its 327-year history. Savers may be starting to...

Central Banking Series

Negative Rates 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...

Negative Rates Series

Sure, interest rates are negative, but so are some prices, and when you look around, they're everywhere

Dec 30, 2020 00:14 am UTC| Economy Investing

On December 10, it finally happened. Instead of demanding an interest payment from the government in return for lending it money, a group of investors offered to pay the government in order to lend it money. Naturally...

Negative Rates Series

Negative rates explained: how money for (less than) nothing is helping out the budget

Dec 17, 2020 11:07 am UTC| Economy

A week ahead of Thursdays budget update, it finally happened. Instead of the government paying to borrow in a way that would add to the burden on the budget (as has happened since time immemorial) it actually got paid...

Negative Rates Series

BoJ likely to keep negative interest rates, 10-year government bond yield target unchanged

Oct 28, 2016 10:49 am UTC| Insights & Views Economy Central Banks

At its two-day policy meeting which concludes Nov 1st, the Bank of Japan (BoJ) is widely expected to keep unchanged its minus 0.1 percent short-term interest rate target. In a quarterly evaluation of its forecasts also due...

Negative Rates Series

Low interest rate level, increase in residential construction support New Zealand economic growth

Oct 18, 2016 11:42 am UTC| Commentary

Growth rates recorded for the New Zealands economy are quite encouraging in principle. The nations central bank, Reserve Bank of New Zealand, is expecting the economy to expand 3.2 percent in this year and 3.6 percent in...

Negative Rates Series

Worrisome Signs Series

Un-shortable market will end in another big short

Sep 23, 2016 07:05 am UTC| Commentary Central Banks

This year, U.S. benchmark stock index is up around 5.67 percent and this is the eight year running; so it wont be anexaggeration to call it an un-shortable market. However, the biggest concern is not the consecutive rise...

1 2 3 4 5 6 

Economy

Ford dismisses ITC's criticism over SK deal for not being based on hearing

Ford Motor Co on Friday dismissed criticism from the U.S. International Trade Commission for not being based on a public interest hearing, noting that it committed to SK Innovations battery programs before any misconduct...

China barred the import of pineapples from Taiwan

China banned the imports of pineapple, and the order came into effect earlier this week. Beijing announced that the tropical fruit could not enter the country, and Taiwan assumed that this is a political move. Taiwans...

Sinclair Broadcasting Group is laying off hundreds of workers soon

Sinclair Broadcasting Group announced this week that it would be laying off hundreds of workers soon. The company said it was left with no choice but to dismiss a percentage of its workforce as the business was affected by...

S. Korea, UAE expand collaboration in hydrogen industry

South Korea and the UAE have agreed to joint venture into hydrogen and other sustainable resources in line with their carbon reduction goals. According to South Koreas Industry Minister Sung Yun-mo, who held a virtual...

S. Korea imports record-high 54,127 tons of wine in 2020

South Korea imported a record-high 54,127 tons of wines last year, up 24.4 percent from the previous year, as more of its citizens indulged in drinking at home due to the pandemic. According to the data by the Korea...

Politics

Joe Biden COVID-19 response: POTUS says there is enough vaccine for all adults until May

With the Biden administration already ramping up efforts to make sure everyone is vaccinated, President Joe Biden brought more good news for adults across the country. Biden announced that there would be enough vaccines...

Barack Obama: New book claims ex-POTUS initially did not want to endorse Joe Biden

While former President Barack Obama is known for having a very close friendship with his then-vice president Joe Biden, a new book claims that their friendship did not extend to a campaign endorsement. The book claims that...

Kamala Harris reaffirms US-Australia ties in call with Prime Minister Scott Morrison

Vice President Kamala Harris is reaching out to world leaders as part of the Biden-Harris administrations plan to re-engage with allies. Harris recently reaffirmed the US alliance with Australia with its Prime Minister...

Donald Trump investigation: House Oversight Committee issues subpoena to ex-POTUS' accounting firm again

The Manhattan prosecutors are not the only ones who want to look into the financial records of former President Donald Trump. It appears the House is also keen on looking into Trumps records as its oversight committee has...

Science

Transparent wood is coming, and it could make an energy-efficient alternative to glass

Wood is an ancient material humans have been using for millions of years, for the construction of housing, ships and as a source of fuel for burning. Its also a renewable source, and one way to capture excess carbon...

Pigs can play video games, scientists discover

Pigs might not be able to fly, but they can play video games. In a new study, researchers from Purdue University in Indiana, US have shown that pigs can use a digital screen and joystick, operated by their snout, to move a...

Why is there water on Earth?

Water is essential to life as we know it and it seems completely normal to have water all around us. Yet Earth is the only known planet to be covered by oceans. Do we know exactly where its water came from? This is not...

What's the difference between mutations, variants and strains? A guide to COVID terminology

Living through a global pandemic over the past year has seen all of us expanding our vocabularies. We now understand terms like PPE, social distancing and contact tracing. But just when perhaps we thought we had a...

Einsteinium: 100 years after Einstein's Nobel Prize, researchers reveal chemical secrets of element that bears his name

A century ago, an upstart German physicist by the name of Albert Einstein turned the scientific world on its head with his discovery of the photoelectric effect, which proved light to be both a particle and a wave. Awarded...

Technology

IT firms in S. Korea to be briefed on ‘Netflix Law’

South Koreas Ministry of Science and ICT will hold a meeting this week with officials from Netflix, Facebook, Google, Naver, Wavve, and Kakao to set up detailed guidelines for the countrys Netflix Law. Dubbed the...

S. Korea to revise outdated e-commerce law to better protect consumers

South Koreas Fair Trade Commission is revising the Act on Consumer Protection in Electronic Commerce to cover new forms of online transactions and to impose more responsibilities to e-commerce platforms and online...

Leaker says ‘Elden Ring’ will feature PvP and online multiplayer

With internal videos of Elden Ring appearing online recently, more information leak has now come to light about its gameplay. FromSoftwares next project is now shaping up to be an important IP as it is expected to combine...

OnePlus Nord 2 could feature MediaTek Dimensity 1200

OnePlus attempt at launching mid-range smartphones last year was well-received and the company appears to be working on the next OnePlus Nord. It is rumored to launch in the coming months with one significant change in its...

MacBook and iPad models in 2022 could sport OLED panels

Apple marked a significant development in its iPhone line last year after launching the first series with OLED, or organic light-emitting diode, as the standard panel. The company is reportedly not stopping at iPhone as it...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.