Pedestrians walk past an electronic board displaying the Nikkei stock average in front of a brokerage firm in Tokyo, Japan, October 31, 2023. Portal/Kim Kyung-Hoon ACQUIRES LICENSE RIGHTS SINGAPORE, Nov 28 (Portal) – Asian shares rose on Tuesday while the dollar hovered near its three-month low, as investors remained confident the Federal Reserve had completed … [Read more…]
Although Hydro-Québec has closed the door to the development of the blockchain industry, its importance is such that today it still requires twice as much electricity as the data center industry, according to a document filed with the Régie de l’énergie. “This is the perfect example of the state-owned company’s lack of planning in dealing … [Read more…]
(Bloomberg) — Treasury yields rose as investors weighed a range of economic data for clues about the prospects for the Federal Reserve’s next moves. Most read by Bloomberg Two-year yields reached 4.9% after data showed short-term U.S. inflation expectations climbed to an eight-month high in November. The S&P 500 gave up its gains. Microsoft Corp. … [Read more…]
Members of TAG, Google’s cyber threat analysis group, have discovered the existence of a security flaw in an email service used by many governments around the world. Thanks to this vulnerability, attackers were able to steal data from certain countries such as Greece, Tunisia or Moldova. Photo credit: 123RF While hackers recently exploited a vulnerability … [Read more…]
An hour ago Biggest risers: Siemens Energy rises 7%, Alstom falls 10% Siemens Energy shares rose more than 7% in early trading after the company secured 7.5 billion euros ($8.15). billion) in project-related state guarantees from the federal government. The German economy ministry said late Tuesday that it had granted the backstop as part of … [Read more…]
3 hours ago Chinese EV Inventories Rise; Keep an eye on Xpeng’s quarterly results Hong Kong-listed shares of Chinese electric vehicle makers jumped in early afternoon trading. Shares of BYD, Nio, Xpeng and Li Auto rose between 2.47% and 6.11%. The markets in Asia rose across the board following positive economic data from China. A … [Read more…]
People walk past a screen displaying the Hang Seng stock index in the Central District in Hong Kong, China, October 25, 2022. Portal/Lam Yik/File Photo Acquire LICENSE RIGHTS SINGAPORE, Nov 14 (Portal) – Asian stocks rose slightly on Tuesday, ahead of a key U.S. inflation report that could have a big impact on the Federal … [Read more…]
Morgan Stanley predicts that the S&P 500 will be at 4500 at the end of 2024 Morgan Stanley’s Mike Wilson expects stocks to remain nearly flat in 2024. Wilson forecast S&P 500 (^GSPC) earnings growth to $229 per share, leading to a year-end target for the benchmark index of 4,500. This target represents an upside … [Read more…]
A team of researchers explored the possibility of using data mining to accelerate the identification of low-cost metal oxide electrocatalysts, a step that could accelerate the global transition to renewable energy. Research for sustainable energy The world’s dependence on fossil fuels has led scientists to explore renewable energy sources. Electrochemical conversion technologies such as fuel … [Read more…]