Latest Updates Around The World
Most analysts blame Bitcoin’s poor performance on a lack of liquidity, but there’s more to it than just that. Bitcoin’s 50% decline from all-time highs in just four months comes at a time when global liquidity has increased, contradicting the general premise that price follows liquidity. “The difference is striking and requires explanation,” said Chris […]
Britain first entered commercial lithium production when Geothermal Engineering Ltd (GEL) began operations factory in Cornwallcementing the government’s hopes for a domestic supply chain for battery metals. The Redruth-based facility marks the country’s first commercial production of lithium, a metal essential for electric vehicle batteries and energy storage systems. Initial production is set at 100 […]
China’s central bank has stepped in to tame the yuan’s rapid rise, announcing it will eliminate currency reserve requirements for certain futures contracts, a move seen as boosting dollar buying and cooling the currency’s recent rise.The decision follows a sharp rally in the yuan, which rose to a nearly three-year high against the U.S. dollar […]
China has moved to freeze exports of rare earth magnets and other critical materials to dozens of major Japanese companies, with the measures taking effect immediately. China’s Commerce Ministry said on Tuesday (Feb. 24) it would suspend shipments of so-called “dual-use” goods – materials with both civilian and military applications – to 20 Japanese companies, […]
A Brazilian state-owned mining company is seeking an emergency court order to block the sale of one of Equinox Gold’s (TSX:EQX,NYSEAMERICAN:EQX) Brazilian assets. Companhia Baiana de Produção Mineral (CBPM) has asked the Court of Justice of the State of Bahia to immediately seize a lease area known as the Bahia Complex, according to a court […]
While Elon Musk’s Neuralink likes to say that it is “groundbreaking’brain-computer interfaces (BCIs), China’s BCI industry is already quietly transitioning from research to scale-up. A new wave of startups is rushing to commercialize both implantable and non-invasive BCIs, buoyed by stronger policy support, expanding clinical trials and growing investor interest. So says Phoenix Peng, who […]
A new artificial intelligence video generator from Beijing-based ByteDance, the maker of TikTok, is drawing the ire of Hollywood organizations who say Seedance 2.0 “blatantly” violates copyright and uses the likeness of actors and others without permission. Seedance 2.0, which is only available in China for now, allows users to generate high-quality AI videos using […]
Precious metals prices are expected to undergo further consolidation in the coming week, with volatility likely to persist as investors monitor key U.S. economic data including inflation figures, GDP figures and policy signals from the Federal Reserve, analysts said. Traders will also keep a close eye on U.S. labor data, along with minutes of Federal […]
China introduces new safety standards that ban yoke-style steering wheels. The Ministry of Industry and Information Technology (MIIT) considers it unsafe. The ban will take effect on January 1, 2027. The yoke-style steering wheel was the latest thing just a few years ago. Tesla pioneered the idea, with its dramatic chopped tiller debuting in 2021 […]
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