South Korea inflation, US jobs report, COVID-19 in China

India is poised to become the third largest economy by 2030 India is expected to overtake Japan and Germany to become the third largest economy in the world. Standard & Poor’s Worldwide Morgan Stanley predicted in a report. The S&P forecast is based on the expectation that India’s average annual nominal GDP growth will be … Read more

Fed Minutes, Bank of Korea Decision, Sri Lanka

Bill Ackman says the Hong Kong dollar peg will break Billionaire hedge fund manager Bill Ackman Sustainability questioned Hong Kong dollarHe pegged the currency to the dollar, adding that his company Pershing Square He has a large short position on the currency. “We have a short-term hypothetical position against the HKD through ownership of put … Read more

A new report reveals more than 400 different names for sugar hiding on food labels

Consumers may be unknowingly consuming more sugar than intended, and more than 400 different names for added sugars are found on the labels of packaged foods. According to the Australian Dietary Guidelines, the average adult’s daily intake of sugar should be around 50g, or 12 teaspoons, per day. However, the annual FoodSwitch Report: State of … Read more

New Zealand interest rate hikes and inflation data

Chinese online gaming stocks rose as the crackdown on the sector appears to be easing New Zealand’s central bank hints at more increases to come Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr said the bank’s only goal is to reach the official money rate to a point where inflation can diminish. Orr’s comments … Read more

Asia Pacific markets were mixed as investors weigh the risks

Malaysian GPS Kingmaker Party will support Perikatan Nasional, not Pakatan Harapan One of the kingmakers in the Malaysian election, Gabungan Party Sarawak, a national political coalition based in Sarawak in eastern Malaysia, said it supports the Perikatan National Coalition to form a government and will not work with Anwar Ibrahim’s Pakatan Harapan. Malaysia’s king has … Read more

The Supreme Court refuses to grant special leave in the case of the invention of artificial intelligence

The Australian High Court has denied an application for special permission to a patent applicant who has filed an Australian patent application naming an artificial intelligence (AI) system as the inventor. The Supreme Court’s decision means that the prevailing position in Australia – that a patent application cannot identify a non-human inventor – stands. This … Read more

Duke Blue Devils, season preview, Therese Proctor, background, draft, analysis

Like Dyson Daniels’ latest NBA producer in Australia, Tyrese Proctor is already way ahead of schedule. The five-star goalkeeper was also initially supposed to spend another year at the NBA World Academy in Canberra, which has already produced Daniels and Josh Gedi. Proctor is now striving to be the latest Australian graduate to be inducted … Read more