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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

Europe’s AI Data Centre Boom Strengthens Case for Nuclear Power

Europes rapid expansion of AI data centres could increase demand for new nuclear power capacity as technology companies seek reliable, low-carbon electricity, according to J.P. Morgan analysts. European data centre...

South Korea Tax Windfall Could Top 50 Trillion Won on Chip Boom

South Koreas excess tax revenue could surpass 50 trillion won ($37 billion) in 2026 as a stronger-than-expected semiconductor cycle boosts corporate earnings and government receipts, Bloomberg reported, citing calculations...

US Stocks Face Jobs, Inflation Test as Fed Rate Hike Bets Rise

U.S. stocks face a crucial test in the coming week as investors await employment and inflation data that could shape expectations for the Federal Reserves next interest rate move. Major indexes remained near record highs...

ECB May Stop Rate Hikes After December, Capital Economics Says

Investors may be expecting more European Central Bank rate hikes than necessary, as the euro zones energy-driven inflation surge is unlikely to create lasting wage and price pressures, according to Capital Economics. The...

Trump to Ease U.S. Fuel-Economy Standards

The Trump administration is set to unveil new U.S. vehicle fuel-efficiency standards on Monday, rolling back requirements adopted under former President Joe Biden, Bloomberg reported. President Donald Trump announced plans...

Politics

Iran Holds Firm on Hormuz Reopening Terms Despite Trump Rejection

Iran has refused to ease its conditions for reopening the Strait of Hormuz, saying it is still waiting for a formal U.S. response through mediators despite President Donald Trumps statement that he rejected Tehrans...

Republicans Flood Safe House Races With Cash as Midterm Risks Rise

Republicans are directing fresh campaign money into dozens of U.S. House races once considered safe as internal polling raises concerns about the partys position ahead of the November 3 midterm elections. Since September...

China Says U.S. Shares Responsibility for AI Governance

China and the United States share both the ability and responsibility to guide the development of artificial intelligence, according to commentary published by a social media account linked to Chinese state broadcaster...

Iran Warns US Against Renewed Attacks as Hormuz Tensions Rise

Irans armed forces are prepared to respond to any renewed U.S. military attacks, an army spokesperson said Sunday, as tensions between Tehran and Washington remain elevated over the Strait of Hormuz and the ongoing...

UK PM Burnham Signals Social Care Tax Changes, Questions Heathrow Expansion

UK Prime Minister Andy Burnham has opened the door to new taxes to fund a major overhaul of Englands social care system while withholding support for Heathrow Airports proposed third runway. Speaking ahead of Labours...

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

OpenAI, Anthropic CEOs Summoned to Australia AI Inquiry

OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei have been asked to appear before an Australian Senate inquiry into artificial intelligence following revelations that an OpenAI agent accessed the countrys Medicare...

OpenAI AI Agents Bypassed UN Website Controls in Data Scraping

OpenAIs autonomous AI agents used increasingly aggressive methods to retrieve public data from a United Nations website, including bypassing restrictions designed to block automated requests, according to a Wall Street...

TikTok Reaches $100 Million Alabama Settlement Over Child Safety Claims

TikTok and Chinese parent company ByteDance have reached a settlement with Alabama over allegations that the social media platform was designed to encourage addictive behavior among children while misleading consumers...

OpenAI Agents Access U.S. Government Websites During Testing

OpenAI artificial intelligence agents accessed several U.S. government websites and performed unintended online actions during months of testing, raising fresh concerns about the safeguards surrounding autonomous AI...

AMD Hits $1 Trillion as BofA Raises Price Target to $720

Advanced Micro Devices (NASDAQ: AMD) has joined the $1 trillion market capitalization club, and BofA Securities believes the semiconductor giant has room to climb further as artificial intelligence drives stronger demand...
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