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Japan Leadership Candidates Back Wage Growth, Differ on Strategies for Household Support

Sep 14, 2024 15:32 pm UTC| Business Economy

As Japans leadership candidates vie for the prime minister position, all contenders agree on continuing wage growth but differ on how to best support households amid rising prices. Some advocate for cash handouts, while...

Central Banking Series

Central banks should be independent of government. But our research shows they are under political pressure

Sep 14, 2024 08:04 am UTC| Insights & Views Economy Central Banks

In 2023, central banks, which manage the monetary policy of a country, faced unprecedented financial losses the US Federal Reserve alone reported a record US$114.3 billion (86 billion) operating loss. Losses like this...

$84bn lost to housing tax lurks? That would go a long way towards ending the housing crisis

Sep 14, 2024 08:03 am UTC| Insights & Views Economy

Australias deep housing crisis is causing enduring and widespread harm. A key impact is that it is increasing inequality. The children of parents who have paid off their mortgage and have disposal income are far more...

보잉 노동자 파업 예고, 노조 노동 계약 거부로 주가 하락

Sep 14, 2024 08:02 am UTC| Economy Business

보잉(Boeing) 공장 직원 3만 명 이상이 임금 인상을 요구하며 파업에 돌입할 예정이다. 미국 태평양 북서부 지역의 보잉 노동자들이 파업을 찬성하며 항공산업 대기업에 또 다른 도전 과제가 생겼다. 보잉 주가는 금요일 미국 프리마켓...

중국, 에버그란데 감사 관련 PwC에 6개월 금지 및 대규모 벌금 부과

Sep 14, 2024 08:02 am UTC| Economy

중국 규제 당국은 금요일 파산한 부동산 개발업체 중국 에버그란데(중국명: 헝다그룹) 그룹의 감사를 이유로 PwC 중국 본사에 대해 6개월 업무 정지와 6억4천1백만 위안(6천2백만 달러)의 기록적인 벌금을 부과했다. 중국...

주식 상승, 금 사상 최고치 기록…투자자들 공격적 금리 인하 고려

Sep 14, 2024 08:02 am UTC| Economy

미국 주식은 금요일 상승세로 출발했고, 금은 사상 최고치를 기록했다. 이는 다음 주 연방준비제도(Fed)의 대규모 금리 인하에 대한 투자자 기대가 급격히 변화한 데 따른 결과이다. 주식, 미 국채 가격, 원자재 모두 상승했다. 이는...

Digital Currency Revolution

하와이, 혁신적 규제 변화로 주요 암호화폐 허브 부상

Sep 14, 2024 07:59 am UTC| Digital Currency Economy

하와이의 최근 규제 변화가 주의 암호화폐 부문 성장에 큰 영향을 미치고 있다. 트란작(Transak)과 메타마스크(MetaMask) 같은 기업들이 사업을 확장하면서, 하와이는 블록체인 혁신의 중요한 허브로 빠르게 자리매김하고...

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Economy

Central Banks Eye Gold, Reduce Dollar Exposure as AI Adoption Accelerates: OMFIF Survey

Central banks are increasingly reassessing their reserve strategies, with more institutions planning to reduce U.S. dollar allocations over the next decade than increase them, according to a new survey released Tuesday by...

Gold Price Hits Annual Low as Fed Rate Hike Bets and Sticky Inflation Weigh on Bullion

Gold prices extended their decline on Tuesday, falling to their lowest level of the year as investors reacted to growing expectations that the U.S. Federal Reserve could raise interest rates again amid persistent...

RBA Minutes Signal Australia Central Bank Remains Ready to Raise Interest Rates if Inflation Persists

The Reserve Bank of Australia (RBA) remains prepared to raise interest rates again if inflation risks intensify, according to the minutes of its June policy meeting released on Tuesday. The central bank emphasized that it...

Asian Stocks End Strong Quarter as Dollar Surges, Yen Hits 40-Year Low Ahead of US Jobs Data

Asian stock markets traded cautiously on Tuesday as investors wrapped up a remarkably strong second quarter, while a stronger U.S. dollar pushed the Japanese yen to its weakest level in four decades amid shifting...

China Manufacturing PMI Edges Higher in June as Exports and AI Investment Boost Growth

Chinas manufacturing sector posted modest growth in June, with factory activity slightly exceeding market expectations as stronger export demand and continued investment in artificial intelligence supported production....

Politics

Trump Suspends Some Morocco Fertilizer Tariffs to Ease U.S. Supply Shortage

U.S. President Donald Trump has authorized the temporary suspension of certain duties on phosphate fertilizer imports from Morocco in an effort to ease fertilizer shortages affecting American farmers, the White House...

Sheinbaum Says No One Is Above the Law After Abuse Video of Ex-Pemex Chief Emerges

Mexican President Claudia Sheinbaum said her administration will not shield anyone from justice after a video surfaced appearing to show former Pemex chief Victor Rodriguez physically assaulting his wife, prompting a...

Russian Attacks on Dnipro, Zaporizhzhia, and Kharkiv Kill 10 as Ukraine Vows Response

Russian missile and drone attacks on three major Ukrainian cities killed at least 10 people and injured dozens on Monday, Ukrainian officials said, as strikes continued throughout the day and emergency crews searched...

Maria Corina Machado Vows Return to Venezuela After Earthquakes Despite Obstacles

Venezuelan opposition leader Maria Corina Machado said on Monday that she is prepared to do whatever it takes to return to Venezuela and assist with recovery efforts following the devastating back-to-back earthquakes that...

Trump Signs Memorandum Backing Americans’ Right to Repair Their Own Vehicles

U.S. President Donald Trump signed a new memorandum on Monday supporting Americans right to repair their own vehicles, reinforcing efforts to expand consumer access to vehicle maintenance while highlighting ongoing debates...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Anthropic Brings Claude AI Models to Microsoft Azure Foundry With NVIDIA Blackwell GPUs

Anthropic announced on Monday that its Claude family of artificial intelligence models is now available through Microsoft Foundry on Azure, powered by NVIDIAs GB300 Blackwell Ultra GPU systems. The rollout marks the first...

Apple Challenges India Antitrust Probe, Says CCI Copied Rivals’ Claims in App Store Case

Apple has intensified its legal battle with Indias antitrust regulator, arguing that investigators relied on copy-pasted allegations from rivals instead of conducting an independent review in a case that could reshape the...

Super Micro Shares Slide After Taiwan Raids Over Alleged Nvidia AI Chip Smuggling Probe

Super Micro Computer Inc. came under renewed scrutiny on Monday after Taiwanese authorities raided its local offices as part of an investigation into the alleged smuggling of Nvidia AI chips to China through the companys...

Australia Sues Amazon Over Prime Video Ads and Subscription Terms

Australias competition watchdog has launched legal action against Amazon.com Inc. (NASDAQ: AMZN), alleging the company violated Australian consumer law by using unfair contract terms to introduce advertising on its Prime...

Baige Online Shares Soar 333% in Hong Kong IPO Debut as AI Insurance Demand Lifts Chinese Listings

Chinese insurtech firm Baige Online Digital Technology Co. (HK:2672) delivered an impressive debut on the Hong Kong Stock Exchange on Monday, with its shares surging as much as 333% in early trading. The strong performance...
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