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Has space-based solar power finally become ready to shine?
Has space-based solar power finally become ready to shine?
Oct 10, 2025
Since the late 1960s, scientists have dreamed of placing solar panels in outer space. By the 1970s, it was already clear that generating solar energy from space was technically feasible. But the real race toward space-based solar power (SBSP) began only recently, driven by the worlds growing need to produce more electricity to meet the accelerating demand for energy. As...
Yen under pressure due to political developments in Japan
Yen under pressure due to political developments in Japan
Oct 13, 2025
The Japanese yen fell broadly across Asian markets on Monday at the start of the weeks trading, resuming its decline against a basket of major and minor currencies after Fridays brief rebound against the US dollar. The yen once again approached its lowest level in eight months, remaining under sustained pressure due to ongoing political developments in the worlds fourth-largest...
US dollar trims losses as Trump de-escalates with China
US dollar trims losses as Trump de-escalates with China
Oct 13, 2025
The US dollar rose gradually on Monday after fears of a renewed escalation in the trade war between the United States and China eased, while political developments in France and Japan weighed on both the euro and the yen. The dollar index which measures the performance of the US currency against a basket of six major peers climbed 0.2% to...
Yen on track for biggest weekly loss in a year on Takaichi
Yen on track for biggest weekly loss in a year on Takaichi
Oct 10, 2025
The Japanese yen rose in Asian trading on Friday against a basket of major and minor currencies, attempting to recover from an eight-month low versus the US dollar recorded earlier in the session, as traders engaged in moderate buying from depressed levels. Still, the yen remains on track for its biggest weekly loss in a year, pressured by expectations that...
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Euro zone bond yields dip on US labour market weakness
Euro zone bond yields dip on US labour market weakness
Jul 5, 2024
(Updates after U.S. jobs data) By Harry Robertson LONDON, July 5 (Reuters) - Euro zone bond yields dipped on Friday after data showed U.S. jobs growth moderated in June and was revised lower for May, bolstering expectations of Federal Reserve interest rate cuts this year. Data showed U.S. nonfarm payrolls rose 206,000 in June, more than the 190,000 economists expected....
Sector Update: Energy
Sector Update: Energy
Jul 5, 2024
08:59 AM EDT, 07/05/2024 (MT Newswires) -- Energy stocks were edging higher premarket Friday with the Energy Select Sector SPDR Fund (XLE) recently advancing by 0.1%. The United States Oil Fund (USO) was up 1.1% and the United States Natural Gas Fund (UNG) was more than 2% lower. Front-month US West Texas Intermediate crude oil was up 0.2% at $84.01...
Sector Update: Financial
Sector Update: Financial
Jul 5, 2024
08:56 AM EDT, 07/05/2024 (MT Newswires) -- Financial stocks were edging higher pre-bell Friday with the Financial Select Sector SPDR Fund (XLF) recently up 0.2%. The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 1%. Fanhua ( FANH ) was 1% higher after saying its...
Sector Update: Tech Stocks Steady Pre-Bell Friday
Sector Update: Tech Stocks Steady Pre-Bell Friday
Jul 5, 2024
09:00 AM EDT, 07/05/2024 (MT Newswires) -- Technology stocks were steady pre-bell Friday as the SPDR S&P Semiconductor ETF ( XSD ) was inactive and the Technology Select Sector SPDR Fund ( XLK ) was down a slight 0.1%. ASML Holding ( ASML ) may expand its headquarters and manufacturing facility in the Dutch town of Veldhoven, the Netherlands Council...
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Trump Media Firm Plans to Launch a Bitcoin Exchange
Trump Media Firm Plans to Launch a Bitcoin Exchange
Feb 6, 2025
On Feb. 6, Trump Media and Technology Group (TMTG), which has the US President as its majority owner, filed to register trademarks for new investment vehicles under its fintech brand Truth.Fi. Under the new trademarks, the firm plans to offer three types of investment funds. A “Made in America” exchange-traded fund and separately managed accounts (SMA), a “US Energy Independence”...
BlackRock Expands Crypto Offerings With Bitcoin ETP in Europe: Report
BlackRock Expands Crypto Offerings With Bitcoin ETP in Europe: Report
Feb 6, 2025
BlackRock the worlds largest asset manager, is gearing up to launch a Bitcoin-linked exchange-traded product (ETP) in Europe. This marks its first foray into the European crypto market. The fund is expected to be based in Switzerland. This move follows the success of BlackRocks US-based iShares Bitcoin Trust (IBIT), which currently manages $58 billion in assets. BlackRocks Bitcoin ETP According...
Cease
Cease
Feb 6, 2025
Two law firms Burwick Law and Wolf Popper LLP have issued a cease-and-desist letter to the Solana-based meme coin creation platform PumpFun, demanding the immediate removal of the Dogshit2 token and other related coins deployed on the Solana blockchain that utilize unlicensed intellectual property from their firms. According to the law firms, PumpFun has falsely associated its tokens with its...
Shiba Inu’s Supply Raises Concerns, Chainlink and Toncoin Display Healthier Metrics
Shiba Inu’s Supply Raises Concerns, Chainlink and Toncoin Display Healthier Metrics
Feb 7, 2025
The concentration of crypto holdings among large wallets plays an important role in market stability and investor confidence. Recent data highlights a significant disparity in supply distribution across major altcoins, with Shiba Inu exhibiting notably high concentration levels. While Ethereum follows closely behind, Chainlink and Toncoin present a more balanced distribution, which suggests a healthier market trend. Crypto Whale Holdings...
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