Posts with tag: nature
Oil prices extend gains on supply uncertainties from Russia, Kazakhstan, and OPEC+ alliance.
Published on: February 19, 2025, 11:00 AM UTC
Indonesia's central bank pauses interest rate cuts to steady the rupiah amid global uncertainties and US trade threats.
Published on: February 19, 2025, 10:00 AM UTC
Baidu makes its AI model open source following DeepSeek's viral success, marking a shift from the company's previous stance on closed-source models being more powerful and economical.
Published on: February 19, 2025, 08:02 AM UTC
Billionaire Elon Musk is not running the Department of Government Efficiency, according to a White House affidavit. Despite previous statements suggesting otherwise, the administration now claims Musk is only a "senior adviser" with no formal decision-making authority. This move aims to undercut a lawsuit arguing that Musk's role violates the Constitution's appointments clause.
Published on: February 19, 2025, 08:01 AM UTC
US stocks ended the holiday-shortened week mixed on Tuesday, with a focus on potential policy changes from the Federal Reserve and President Donald Trump. The benchmark S&P 500 (GSPC) rose nearly 0.2% to a fresh record close, while the Dow Jones Industrial Average (DJI) and Nasdaq Composite (IXIC) finished slightly in the green. Uncertainty in the market has turned attention to the release of minutes from the Fed's January meeting on Wednesday for more insight into policymakers' thinking amidst Trump's tariffs and ongoing US negotiations with Russia on the Ukraine war.
Published on: February 19, 2025, 07:01 AM UTC
Norinchukin Bank's CEO Kazuto Oku to Resign After Billion-Dollar Loss from Foreign Bond Bets
Published on: February 19, 2025, 05:01 AM UTC
Hong Kong banks borrow record short-term cash amid surging local equity demand, with HKMA lending HK$5.5 billion through discount window.
Published on: February 19, 2025, 03:00 AM UTC
Japan's Resonac Holdings looks to make deals, eyes JSR stake
Published on: February 19, 2025, 03:00 AM UTC
James Hardie Industries PLC (JHX) reported fiscal third-quarter profit of $141.7 million, with earnings per share of 33 cents. Adjusted earnings came to 36 cents per share, on revenue of $953.3 million.
Published on: February 18, 2025, 11:07 PM UTC
Mondelez CEO warns of price hikes due to 'Make America Healthy Again' movement's reformulation requirements, including ingredient swaps and removal of food dyes.
Published on: February 18, 2025, 11:00 PM UTC