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Category: News

By Rian LordIn News, BusinessPosted August 23, 2023

Global stocks suffer worst month in a year amid China and US woes

Global stock markets have lost about $3tn in value this month, as a “witches’ brew” of gloomy Chinese economic data and surging US borrowing costs...

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By Rian LordIn News, CryptoPosted August 23, 2023

Veteran Trader Peter Brandt Accuses Binance of Being a Global Scam

Veteran trader Peter Brandt, who has over four decades of experience in the commodity and foreign exchange markets, has issued a stern warning against Binance,...

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By Rian LordIn News, BusinessPosted August 23, 2023

AUD/USD rebounds from 10-week low as US dollar weakens ahead of PMI data

The Australian dollar gained some ground against the US dollar on Wednesday, recovering from a 10-week low of 0.6405 reached on Tuesday. The AUD/USD pair...

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By Rian LordIn News, BusinessPosted August 23, 2023

Seaport Research Partners Downgrades S&P 500 Outlook Amid Rising Volatility

Seaport Research Partners, a Wall Street firm, has lowered its year-end target for the S&P 500 index from 4,650 to 4,500, citing increasing volatility in...

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By Rian LordIn News, BusinessPosted August 23, 2023

Teva and Glenmark to pay $255 million for drug price-fixing in the US

Teva Pharmaceutical Industries Ltd. and Glenmark Pharmaceuticals Ltd. have agreed to pay a total of $255 million in criminal penalties and make divestitures as part...

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By Rian LordIn News, BusinessPosted August 23, 2023

Oil prices fall on worries of rate hikes and China’s economic slowdown

Oil prices dropped on Wednesday, extending the losses from the previous session, as concerns over higher interest rates in the US and lower growth prospects...

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By Rian LordIn News, BusinessPosted August 23, 2023

Natural Gas Price Remains Under Pressure Despite Bullish Outlook

Natural gas price has been trading in a narrow range near 2.650 level for the past few days, despite the attempts of the stochastic indicator...

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By Rian LordIn News, BusinessPosted August 23, 2023

Gold Investors Remain Bullish as Fed Keeps Interest Rates High

Gold is not losing its allure, according to a dozen money managers who all told Bloomberg News they expect to maintain or raise their exposure...

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By Rian LordIn News, BusinessPosted August 23, 2023

Silver Price Rises to Two-Week High Amid Bullish Momentum and Market Uncertainty

Silver Price (XAG/USD) has been on a steady uptrend for the past five days, reaching a two-week high of $23.50 during the mid-Asian session on Wednesday. The...

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By Rian LordIn News, TechnologyPosted August 22, 2023

Infinix Zero 30 5G to launch with 50 MP selfie camera and 4K 60FPS video recording

Infinix, a smartphone brand known for its affordable devices, is set to launch its latest flagship model, the Infinix Zero 30 5G, by the end...

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By Rian LordIn News, TechnologyPosted August 22, 2023

Wordle fans solve today’s puzzle in record time

Wordle, the popular online word game that has taken the internet by storm, has a new challenge for its players today. The five-letter word for...

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By Rian LordIn News, Science, TechnologyPosted August 22, 2023

Graphene Circuit Breaks Physics Rules and Harvests Clean Power from Heat

Researchers have discovered a new way to extract energy from ambient heat using graphene, a two-dimensional material made of carbon atoms. This breakthrough challenges the...

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By Rian LordIn News, TechnologyPosted August 22, 2023

Google’s leadership shuffle signals a new direction for the tech giant

Ruth Porat, who has been the chief financial officer of Alphabet, Google’s parent company, since 2015, announced in July that she will step down from...

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By Rian LordIn News, TechnologyPosted August 22, 2023

Google’s new Fitbit tracker could be Luxe 2 or Ace 4, FCC filing reveals

Google has recently filed a new product with the FCC, which appears to be a low-end Fitbit tracker. The device, which has the model number...

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By Rian LordIn News, TechnologyPosted August 22, 2023

Snapchat’s AI Feature Goes Haywire, Sparking Privacy Fears

Snapchat, the popular social media app that allows users to send and receive ephemeral messages and photos, recently experienced a bizarre glitch that made its...

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By Rian LordIn News, TechnologyPosted August 22, 2023

Samsung’s new app lets you experience a Galaxy Fold with two iPhones

Samsung, the world’s leading smartphone maker, has launched a new app that allows iPhone users to simulate the features of its latest foldable devices, the...

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