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Yen Weakens After Bank of Japan Signals Delayed Rate Hikes Amid Global Uncertainty

Sep 21, 2024 18:19 pm UTC| Business Economy

Following Bank of Japan Governor Kazuo Uedas cautious remarks on future rate hikes, the yen weakened to 143.50 against the dollar. Investors interpreted Uedas comments as a sign that the BOJ may delay tightening monetary...

Transforming Maritime Logistics: Autonomous Ships Are Leading the Global Shipping Management Revolution

Sep 21, 2024 14:36 pm UTC| Business

Autonomous vessels like the Yara Birkeland take the lead in transforming maritime logistics. World autonomous shipping is estimated to reach $134.9 billion by the year 2030, driven with labour cost reduction as...

닛폰제강, 미 철강 인수 속 부채 관리 위해 2억1100만 달러 자산 매각

Sep 21, 2024 11:46 am UTC| Economy Business

로이터통신에 따르면 닛폰제강이 부채 관리를 위해 올해 회계연도에 최소 300억 엔(2억1100만 달러) 상당의 자산을 매각할 계획이라고 닛케이가 금요일 닛폰제강 부회장을 인용해 보도했다. 이는 149억 달러 규모의 미 철강 인수 제안의...

화웨이 '슈퍼 팬들', 2800달러 스마트폰 출시 행사서 구매 실패에 분노

Sep 21, 2024 11:22 am UTC| Economy Business

화웨이의 기대를 모았던 2800달러짜리 모델이 일반 고객에게는 판매되지 않아 많은 팬들이 실망감을 드러냈다. 이 모델의 가격은 아이폰 16 프로 맥스의 두 배가 넘는다. 중국 남부 선전에 위치한 화웨이 플래그십 매장에서는 슈퍼...

루프트한자, 경쟁 심화로 프랑크푸르트-베이징 노선 취소 검토

Sep 21, 2024 10:59 am UTC| Economy Business

독일의 루프트한자(Lufthansa)가 프랑크푸르트-베이징 노선을 취소할지 검토 중이라고 금요일 회사 대변인이 밝혔다. 이는 특히 중국 항공사와의 경쟁 심화와 유럽 내 높은 운영 비용이 수익성에 영향을 미치고 있기...

일부 일본 기업, 선전 흉기 사건 후 직원 귀국 제안

Sep 21, 2024 10:44 am UTC| Business

중국 선전에서 10세 일본인 소년이 흉기에 찔려 사망한 사건 이후, 일부 일본 기업들이 중국에 주재하는 직원과 그 가족들을 일본으로 귀국시키겠다는 제안을 하고 있다고 금요일 일본 기업 관계자들이 밝혔다. 이번 사건은 최근 몇 달...

중국·일본, 후쿠시마 방류 계획 합의…해산물 무역 재개 길 열려

Sep 21, 2024 10:43 am UTC| Business

중국과 일본은 금요일, 후쿠시마 원자력 발전소의 오염수 방류 문제에 대해 합의에 도달했다고 발표했다. 이로써 일본산 해산물의 중국 수출 재개에 대한 길이 열리게 되었다. 중국은 약 1년 전, 도쿄전력(TEPCO)이 후쿠시마 발전소에서...

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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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