OE Video

For China, Slower Growth is Actually a Good Thing

For China, Slower Growth is Actually a Good Thing

For China, Slower Growth is Actually a Good Thing A lot has been made of China’s recent struggles, but lower growth rates are a welcome sign that its leaders are more focused on reforms. Indeed, the economy is undergoing a much-needed transformation… China’s GDP growth was just 7.5% in the second quarter of 2013. If...

Cutting-Edge Technology Aids Fukushima Cleanup

Cutting-Edge Technology Aids Fukushima Cleanup

Cutting-Edge Technology Aids Fukushima Cleanup This is the RadBall – a radiation-detecting device for disaster areas too dangerous for humans to enter. Devised by British inventor and engineer, Steven Stanley, of the U.K.’s National Nuclear Laboratory, it requires no external power source and can be deployed in high-radiation areas by robot. “The first part of...

The Century of Commercial Space Travel

The Century of Commercial Space Travel

The Century of Commercial Space Travel 2014 could be the year you go to space, assuming you’ve got $95,000 to spare. Indeed, Dutch spaceline SXC is launching the American-designed XCOR suborbital spacecraft next year, with commercial flights from normal airline runways in either the Mojave Desert near Los Angeles, or the Dutch Caribbean island of...

Tensions Rising in Egypt As We Predicted

Tensions Rising in Egypt As We Predicted

Tensions Rising in Egypt As We Predicted Back in April, we told you Egypt was a powder keg waiting to blow. Well, the fuse has clearly been lit. Egyptian President Mohamed Mursi has rejected an army ultimatum for him to end political strife in the country – saying he would follow his own path to...

The Future of Smartphones

The Future of Smartphones

The Future of Smartphones Researchers at the University of Tokyo are developing indoor projection technology that incorporates a sense of touch for interactive devices of the future. The system emits ultrasonic waves to generate pressure a user can feel, and could one day render keyboards, smartphones and even pens obsolete. Lose your smartphone? Professor Masatoshi...

Economy Goes Down – Stocks Go Up

Economy Goes Down – Stocks Go Up

Economy Goes Down – Stocks Go Up Stocks are climbing as recent data suggests the economy isn’t yet strong enough to grow without help from the Federal Reserve. The Dow, S&P 500 and Nasdaq each posted broad gains for the second day in a row yesterday. But not because things are looking any brighter for...

Will the Fed’s Actions Undermine Europe?

Will the Fed’s Actions Undermine Europe?

Will the Fed’s Actions Undermine Europe? The U.S. Federal Reserve’s signal that it will stop pumping money into the world economy sank bonds, shares and commodities alike. But the real problems could take place in Europe, where bond yields are critical to struggling eurozone countries. Indeed, it’s being hailed as the end of easy money:...

Will Asia Bounce Back?

Will Asia Bounce Back?

Long viewed as a land of promised returns, emerging Asia’s stocks, bonds and currencies are diving as investors head for the exits. The region’s big markets are faring little better. Indonesia was looking like a dream come true for carmakers. Rising wealth put it among the biggest car markets in the world, and a fresh...

Obama-Xi Meeting a Positive Step for U.S.-China Relations

Obama-Xi Meeting a Positive Step for U.S.-China Relations

Obama-Xi Meeting a Positive Step for U.S.-China Relations A successful weekend summit between U.S. President Barack Obama and Chinese President Xi Jinping points to the countries boosting cooperation on issues such as North Korea, says one Chinese academic. At their weekend shirt-sleeves summit in California, Obama and Xi tackled everything from North Korea to China’s...

Energy Investment Blazes Ahead in Asia

Energy Investment Blazes Ahead in Asia

Energy Investment Blazes Ahead in Asia Hin Leong, Chairman and Founder of Hin Leong Group, is blazing ahead with ambitious investments into some of Asia’s frontier markets. Said Hin: “East Timor, China, Indonesia, Myanmar, they all need oil for their development. The industry has already been providing them with these things, but now they need...