The Implications of the Japanese Yen Breaking the 145.00 Mark The Recent Surge in the Japanese Yen That set it on the path from the break of 140.00 to having touched a high of 145.07 earlier today. The 145.00 mark is where we can start to gauge intervention territory by Japanese officials, something which was…
Japan finance minister Suzuki says FX should move stably, reflect fundamentals China’s finance ministry says profits at state-owned firms were +10.9% y/y in January- May Australian Private Sector Credit growth in May +0.4% m/m (expected +0.4%) China June PMIs: Manufacturing 49.0 (expected 49.0) & Services 53.2 (expected 53.7) PBOC sets USD/ CNY mid-point today at…
U.S.-China Semiconductors Battle The Background (Reuters) – U.S.-China tensions over semiconductors began with the Trump administration’s trade war and have ratcheted up under President Joe Biden’s leadership as Washington looks to undercut Beijing’s efforts to build its high-tech industry. The U.S. and the Netherlands are set to deliver a one-two punch to China’s chipmakers by…
Microsoft President Brad Smith Talks Benefits of Regulating Artificial Intelligence Introduction In a recent talk in Brussels, Microsoft President Brad Smith discussed the importance of regulating artificial intelligence (AI) and outlined how the U.S. software giant can contribute to this effort. This aligns with his previous message delivered in Washington last month, where he, along…
Black Diamond Therapeutics Announces Pricing of Public Offering of Common Stock CAMBRIDGE, Mass and NEW YORK, June 29, 2023 (GLOBE NEWSWIRE) Black Diamond Therapeutics, Inc. (Nasdaq: BDTX), a clinical-stage precision oncology company developing MasterKey therapies that target families of oncogenic mutations in patients with genetically defined cancers, today announced the pricing of an underwritten public…
Welcome to the Wild World of Compliance Management Keeping Up with Global Changes Picture this: the bustling city of Hong Kong, June 30, 2023. The air alive with the energy of progress and innovation. It’s in this dynamic setting that businesses are navigating the ever-evolving landscape of compliance management. As the world becomes smaller and…
Butaleja Farmers Eat Big as Ex-Chair Waya Lobbies Agricultural Machinery Worth Billions Big Win for Farmers in Butaleja District Farmers in the Butaleja district in Eastern Uganda can finally smile following a multi-billion grant in the form of agricultural machinery extended to the district by the Chinese administration. The equipment included eleven tractors with a…
Feeling the Pulse of the Market: What Investors Need to Know So, you’ve recently dipped your toes into the unpredictable waters of the stock market, hoping to strike it rich and retire to a private island in the Caribbean. But wait, what’s this about Rosen Law Firm reminding purchasers of securities of Atlas Lithium Corporation…
