Author: FX
Warning: JAPAY is at high risk of cutting its dividend Source link
© Reuters. FILE PHOTO: A woman walks past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. REUTERS/Jason Lee/File Photo SHANGHAI/BEIJING (Reuters) – China will promote a sustained economic recovery, focusing on expanding domestic demand, while fending off financial risks, People’s Bank of China Governor Pan Gongsheng said in a report published on Saturday. The central bank will make its policy more “precise and forceful”, while guiding financial institutions to cut real lending rates and reducing financing costs for firms and individuals, Pan said in the report published on the bank’s…
imaginima/iStock via Getty Images Annual global investments in power grids must double by 2030 if governments around the world are going to reach their climate and clean energy commitments, according to a new report from the International Energy Agency. Global spending on renewables has nearly doubled since 2010, but investment in grids has remained roughly stagnant at ~$300B/year, the IEA said, and achieving national climate goals will require annual investments of more than $600B by 2030. Nearly 50M miles of new or refurbished power lines – the equivalent of the existing global grid – will be needed by 2040 in…
Greek Prime Minister Kryiakos Mitsotakis announced the establishment of an advisory committee to create a national strategy for artificial intelligence (AI) in Greece on Oct. 19. The Greek government said the “exponential pace” of AI development has created the necessity for an advisory committee under the country’s prime minister. The object of the committee is to prepare Greece for the developments and applications of the technology. Continue Reading on Cointelegraph Source link
Gold, XAU/USD, Silver, XAG/USD – Outlook:Gold and silver have jumped on account of escalating geopolitical tensions.Both gold and silver are testing major resistance.What is the outlook and what are the key levels to watch in XAU/USD and XAG/USD?Looking for actionable trading ideas? Download our top trading opportunities guide packed with insightful tips for the fourth quarter! Recommended by Manish Jaradi Get Your Free Top Trading Opportunities Forecast The sharp bounce in gold and silver recently has raised questions on whether it is time to reassess the bearish outlook. While this could indeed be a game changer, it might be worth…
The number of bitcoin (BTC-USD) ATM installations across the globe dropped to the lowest level since 2021, even as most cryptocurrency prices bounced this year, alternative data provider AltIndex said in a recent report. Bitcoin (BTC-USD) ATMs (Automated Teller Machines), also known as BTMs, are kiosks that enable customers to buy and also sometimes sell bitcoin with cash or a debit card. Designed to make it easy to convert cash to bitcoin, funds are transferred to a consumer’s digital wallet and are verified and recorded on the blockchain, a secured public ledger. But the popularity of BTMs has been losing…
A weekend update on the Middle East, where there are no reports that the ground war in Gaza has begun yet. An convoy of trucks carrying emergency aid has entered into GazaThe aid, a consignment of food, water and medical supplies, has arrived while air attacks continue The UN and US have warned Hamas from stealing the supplies, that the aid is intended for the Palestinian people: “We have been clear: Hamas must not interfere with the provision of this life-saving assistance” (US Sec State Blinken)A summit in Cairo failed to reach a ceasefire agreement—For markets, the impending ground war…
celiaosk/iStock via Getty Images A type of artificial intelligence technology that works to create imagery, text and other forms of media could have a profound, positive impact on softlines retail businesses. That’s the assessment from UBS, which just held a conference in New York City on the impact of generative AI on fashion retail. “Experts believe Gen AI will also help fashion companies make significant gains in areas such as sales/customer experience, product development, innovation, marketing, store operations, supply chain/logistics, and organization,” analysts at the Swiss bank wrote. “Experts believe the global Softlines industry could achieve between 500-900 bps of…
Ethereum (ETH) Developers Tease This Major Step Ahead of Deneb Release U.Today – continue in preparation for the Deneb-Cancun upgrade and are teasing the launch of Devnet #10, which will most likely be the final devnet before the upgrade is released on public testnets like Goerli. As stated in the most recent Ethereum ACDE , Barnabas Busa, a DevOps engineer for Ethereum Foundation, hints at waiting on client teams for new software releases. Once these are ready, the next devnet, and hopefully the last, Devnet #10, might launch. In addition, Ethereum have announced a new Deneb release for CL clients,…
MON: Bank of Israel Announcement, EZ Consumer Confidence (Oct), US National Activity Index (Oct)TUE: German GfK Consumer Confidence (Nov), EZ/UK/US Flash PMIsWED: BoC Announcement, NBH Announcement, Australian CPI (Q3/Sep), German Ifo Survey (Oct)THU: ECB Announcement, CBRT Announcement, South Korean GDP Advanced (Q3), US GDP Advanced (Q3)FRI: CBR Announcement, Japanese Tokyo CPI (Oct), Australian PPI (Q3), US PCE (Sep)NOTE: Previews are listed in day orderEZ FLASH PMI (TUE): Expectations are for October manufacturing PMI to rise to 43.7 from 43.4, services to tick lower to 48.6 from 48.7, and lifting the composite at 47.4 vs. prev. 47.2. The prior report saw…