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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...

일본 7월 소비 지출 정체, 중앙은행 금리 전략 복잡하게 만들어

Sep 09, 2024 07:53 am UTC| Economy

일본의 7월 가계 소비가 예상보다 낮은 0.1% 증가에 그쳐, 예상됐던 1.2% 상승을 크게 밑돌았다고 정부 자료가 밝혔다. 예상보다 부진한 소비 성장은 일본은행의 금리 인상 계획에 차질을 빚을 수 있으며, 물가 상승과 임금 정체 속에 소비...

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Economy

Taiwan Stock Market Ends Higher as Semiconductor and Energy Shares Lead Gains

Taiwan stocks closed higher on Thursday, supported by broad-based gains across key sectors including semiconductors, oil, gas and electricity, as well as construction. The Taiwan Stock Exchange Weighted Index finished the...

BOJ Governor Signals Gradual Rate Hikes as Japan’s Inflation Nears 2% Target

Bank of Japan Governor Kazuo Ueda said Japans underlying inflation is steadily accelerating and moving closer to the central banks long-standing 2% target, reinforcing expectations that interest rate hikes will continue if...

UBS Warns of Short-Term Risks as Precious Metals Rally to Record Highs

Gold, silver, and platinum have surged to fresh record highs heading into the year-end holiday period, drawing strong attention across global commodity markets. However, UBS is urging investors to exercise caution, warning...

Japan Revises Economic Growth Forecast as Stimulus Fuels Consumption and Investment

Japans government has revised upward its economic growth forecast for the fiscal year ending next March and projected faster expansion in the following year, citing the positive impact of a large-scale stimulus package...

U.S. Stocks Rally to Record Highs as AI Rebound Fuels Holiday-Shortened Session

U.S. stocks closed higher on Wednesday, with the Dow Jones Industrial Average and the SP 500 finishing at record closing highs during a broad-based rally in a holiday-shortened trading session. All three major indexes...

Politics

U.S. Prioritizes Economic Pressure With Venezuelan Oil Quarantine as Sanctions Intensify

The United States has shifted its near-term military focus toward enforcing a so-called quarantine on Venezuelan oil exports, signaling a strategy that prioritizes economic pressure over direct military confrontation....

Hanwha Signals Readiness to Build Nuclear-Powered Submarines at Philly Shipyard for U.S. Navy

Hanwha Group has announced that its Philadelphia-based shipyard has the technical capability to build nuclear-powered submarines for the U.S. Navy, highlighting the South Korean conglomerates growing ambitions in the...

China’s One-Child Policy Legacy Resurfaces After Death of Former Population Chief

The death of Peng Peiyun, a former senior Chinese official who oversaw the countrys one-child policy for a decade, has reignited fierce debate on Chinese social media about the long-term impact of the controversial...

Christmas Eve Jazz Concert Canceled After Kennedy Center Renaming to Include Trump

A planned Christmas Eve jazz concert at the Kennedy Center in Washington, D.C., has been canceled following a controversial decision to rename the iconic performing arts institution to include the name of Republican U.S....

Palau Agrees to Accept Up to 75 U.S.-Transferred Migrants in Deal Tied to Increased American Aid

Palau has agreed to accept up to 75 migrants transferred from the United States after signing a memorandum of understanding (MOU) with Washington, a move that has drawn international attention amid ongoing debate over U.S....

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

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

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...
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