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Asian Markets Slide as China Inflation Misses Expectations and Tech Stocks Decline

Sep 09, 2024 19:03 pm UTC| Business Economy

Asian markets fell on September 9 as disappointing inflation data from China and a decline in technology stocks in Japans Nikkei weighed on investor sentiment. Japans Nikkei dropped 2.4%, and South Koreas market slid 1.3%,...

The Philippines’ Coal Reliance Threatens Energy Transition Amid Push for Renewables

Sep 09, 2024 18:41 pm UTC| Business Economy

The Philippine economy is growing rapidly, but its energy sector remains burdened by a deep reliance on coal. Although the government has set ambitious renewable energy targets, coal still dominates the power mix,...

Central Banking Series

Treasurer distances himself from his former boss’ Reserve Bank attack

Sep 09, 2024 08:17 am UTC| Economy Central Banks

Treasurer Jim Chalmers has distanced himself from the strident attack his one-time boss Wayne Swan launched on the Reserve Bank, which the former treasurer accused of putting economic dogma over rational...

S&P500, 부진한 고용 지표에 2023년 이후 최악의 한 주

Sep 09, 2024 07:55 am UTC| Economy

인베스팅닷컴에 따르면, SP 500 지수는 금요일 급락하며 2023년 이후 최악의 한 주를 기록했다. 미국 경제가 지난달 예상보다 적은 일자리를 창출한 것으로 나타나면서 새로운 경제적 우려가 제기되었다. 오후 4시(동부 표준시) 기준 SP...

브로드컴, 매출 전망 실망에 7% 급락

Sep 09, 2024 07:55 am UTC| Economy Business

인베스팅닷컴에 따르면, 브로드컴(Broadcom, NASDAQ) 주가는 금요일 미국 거래 초반 7% 이상 급락했다. 미국 반도체 제조업체인 브로드컴이 발표한 현재 분기 매출 가이던스가 투자자들의 기대에 미치지 못했기 때문이다. 브로드컴은...

연준의 움직임을 기다리며 월가 주가 하락, 큰 폭의 주간 손실

Sep 09, 2024 07:55 am UTC| Economy

뉴욕 (로이터) - 금요일, 미국 주식은 노동 시장 둔화를 보여준 고용 보고서의 영향으로 하락했다. 그러나 연방준비제도(연준)가 금리 인하를 얼마나 강하게 추진할지는 여전히 불확실하다. 세 가지 주요 지수 모두 하락했으며, SP 500...

일본, 글로벌 부동산 투명성 순위 11위로 상승, 지속 가능성에서 두각

Sep 09, 2024 07:54 am UTC| Economy

일본이 존스랑라살(Jones Lang LaSalle)의 글로벌 부동산 투명성 지수에서 11위로 상승했으며, 특히 지속 가능성 분야에서 큰 개선을 보였다. 기후 위험 공시와 단열 규정 등 강화된 환경 규제가 순위 상승에 기여했다. 부동산 서비스...

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Economy

IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding

The International Monetary Fund (IMF) has announced that it reached a staff-level agreement with Egypt on the fifth and sixth reviews of the countrys Extended Fund Facility (EFF), a key step that could unlock around $2.5...

RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist

The Reserve Bank of Australia (RBA) has revealed that its board members discussed the possibility of raising interest rates in 2026, according to the minutes from the central banks December policy meeting. The discussion...

Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week

U.S. stock markets closed higher on Monday, extending recent gains as investors look to finish the year on a strong note despite thinning trading volumes in a holiday-shortened week. The SP 500 rose 0.5% by the closing...

Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs

Global financial markets started a holiday-shortened week on a positive note, with most major stock indexes posting gains as technology stocks rebounded and investor sentiment improved. Wall Street was supported by...

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

Politics

Trump Administration Recalls Nearly 30 U.S. Ambassadors in Push for “America First” Agenda

The Trump administration has recalled nearly 30 U.S. ambassadors and senior career diplomats from overseas posts, a move officials say aligns embassies more closely with the presidents America First foreign policy, but...

Australia Moves Toward Tougher Gun Laws After Bondi Shooting

Australias most populous state, New South Wales, is set to introduce significantly tougher gun laws alongside new measures targeting terrorism and public protests, following a deadly mass shooting in Sydneys Bondi area....

Trump Announces Ambitious Plan for New U.S. Navy Super Battleships

U.S. President Donald Trump announced on Monday an ambitious proposal for the United States Navy to begin building a new class of advanced battleships, a move that could significantly reshape the future of American naval...

China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

China is rapidly expanding and modernizing its nuclear weapons arsenal, with a draft Pentagon report warning that Beijing may have loaded more than 100 intercontinental ballistic missiles (ICBMs) across three newly...

Kremlin Downplays U.S.-Russia Talks on Ukraine as Ongoing Process

Russia has played down expectations surrounding recent discussions with the United States on the Ukraine conflict, emphasizing that the talks should not be interpreted as a major diplomatic breakthrough. Kremlin spokesman...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...
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