Posts with tag: technology
China is clamping down on uncontrolled copper smelter expansion, tying approvals to the availability of ore supply. The move aims to curb excessive capacity and boost domestic mining, but it may not eliminate growth entirely.
Published on: February 17, 2025, 01:01 AM UTC
UK consumer price inflation is likely to hit a 10-month high in January amid rising private school fees and energy bills. The BOE is wary of rushing into rate cuts given underlying inflation pressures and a stagnant economy. Data on wages, housing starts, and consumer confidence will be in focus in the US and Canada. The RBA is expected to cut interest rates in Australia, while New Zealand is likely to continue its easing cycle. Asia will see economic growth reports from Japan, Thailand, and India, as well as trade and PMI data. In Europe, data on confidence, trade, and manufacturing will be released, and the ECB will release its financial statements. The South African budget will be presented, and inflation is expected to rise in Nigeria, Botswana, and Egypt. Colombia's GDP will be released, while Brazil will report GDP-proxy data and inflation expectations. Mexico will publish its interest rate decision minutes.
Published on: February 16, 2025, 08:00 PM UTC
Argentina's President Javier Milei promotes a cryptocurrency coin, but its value crashes after an investigation is ordered.
Published on: February 16, 2025, 05:00 PM UTC
President Trump's threats to alter federal contracts and impose tariffs on chipmakers could hinder the US's goal of advancing in artificial intelligence research. Experts warn that these measures could slow down or harm domestic chip production and increase costs for consumers and businesses.
Published on: February 16, 2025, 04:00 PM UTC
Janus Henderson Group Plc is exploring opportunities in Saudi Arabia, including opening an office in the kingdom. The global asset manager sees growth potential in the Middle East and is looking to expand its regional investment.
Published on: February 16, 2025, 02:00 PM UTC
Maximize your savings with top money market account rates. Compare the national average rate of 0.64% with high-yield accounts offering up to 4% APY. Learn how to earn more interest and find the best MMA for your financial needs.
Published on: February 16, 2025, 12:01 PM UTC
Former OpenAI CTO Mira Murati has left to start a new stealth startup, recruiting talent from OpenAI and other AI companies.
Published on: February 16, 2025, 11:00 AM UTC
China's central bank governor, Pan Gongsheng, emphasizes the stability of the yuan currency and reiterates the country's commitment to market-driven exchange rate determination.
Published on: February 16, 2025, 09:00 AM UTC
Canadian Conservative Leader Pierre Poilievre outlines a comprehensive plan to safeguard Canada's economy amidst US tariff threats, including building pipelines and boosting energy production.
Published on: February 16, 2025, 03:00 AM UTC
Ukraine's defense industries could drive its postwar economic recovery, said its former foreign minister. Utilizing military tech in the private sector could help Ukraine overcome challenges and become a defense powerhouse in Europe.
Published on: February 15, 2025, 02:00 PM UTC