(RTTNews) - The Japan stock market on Thursday wrote a finish to the four-day winning streak in which it had tallied more than 3,800 points or 7.2 percent. The Nikkei finished just beneath the 55,900-point plateau although it's expected to see renewed support on Friday.
(RTTNews) - The Japan stock market on Thursday wrote a finish to the four-day winning streak in which it had tallied more than 3,800 points or 7.2 percent. The Nikkei finished just beneath the 55,900-point plateau although it's expected to see renewed support on Friday.
Most cryptocurrencies weren't drifting high into orbit on Thursday, but the journey was different for crypto exchange operator Gemini Space Station (NASDAQ: GEMI) . On a media report of a possible takeover play (or plays), investors eagerly snapped up the company's shares to lift them to a daily gain of almost 9%. That morning, Bullish 's crypto news and analysis site CoinDesk reported that would-...
Most cryptocurrencies weren't drifting high into orbit on Thursday, but the journey was different for crypto exchange operator Gemini Space Station (NASDAQ: GEMI) . On a media report of a possible takeover play (or plays), investors eagerly snapped up the company's shares to lift them to a daily gain of almost 9%. That morning, Bullish 's crypto news and analysis site CoinDesk reported that would-be buyers were mulling acquisitions of certain parts of Gemini's business. Image source: Getty Images. Continue reading
A lobbying firm led by one of Donald Trump Jnr’s hunting buddies helped a Chinese company make its case to a US national security watchdog, public filings show. The case involved a US start-up that was seeking to have the Chinese firm removed as one of its investors. The watchdog rejected the US firm’s request for a national security review of the Chinese firm’s investment, according to a docum...
A lobbying firm led by one of Donald Trump Jnr’s hunting buddies helped a Chinese company make its case to a US national security watchdog, public filings show. The case involved a US start-up that was seeking to have the Chinese firm removed as one of its investors. The watchdog rejected the US firm’s request for a national security review of the Chinese firm’s investment, according to a document seen by Reuters, handing a rare win to a Chinese company in Washington. The decision has not...
Innovation and technology are key drivers of economic growth and quality of life in Hong Kong. Efforts to make the city an international hub for those sectors have recently been undermined by worrying data breaches. Authorities and organisations handling public data must strengthen digital defences against hacking and mishandling. The latest incident involved the leak of data related to more than ...
Innovation and technology are key drivers of economic growth and quality of life in Hong Kong. Efforts to make the city an international hub for those sectors have recently been undermined by worrying data breaches. Authorities and organisations handling public data must strengthen digital defences against hacking and mishandling. The latest incident involved the leak of data related to more than 56,000 patients and 1,000 staff members connected with Hospital Authority institutions in Kowloon...
USPS Pauses Pension Contributions Amid Looming Cash Shortfall Authored by Bill Pan via The Epoch Times, The U.S. Postal Service (USPS) has temporarily suspended its employer contributions to a government-wide pension plan after warning Congress that, without changes, it could run out of cash within the next year. On Thursday, USPS told the Office of Personnel Management—the federal government’s hu...
USPS Pauses Pension Contributions Amid Looming Cash Shortfall Authored by Bill Pan via The Epoch Times, The U.S. Postal Service (USPS) has temporarily suspended its employer contributions to a government-wide pension plan after warning Congress that, without changes, it could run out of cash within the next year. On Thursday, USPS told the Office of Personnel Management—the federal government’s human resource division—that it would pause its biweekly employer contributions to the Federal Employees Retirement System, or FERS. The move is expected to conserve about $2.5 billion through Sept. 30, the end of the current fiscal year, according to USPS. The mail agency typically pays about $200 million every other week into the plan. USPS Chief Financial Officer Luke Grossmann said the temporary withholding would have no “immediate detrimental impact” on current or future retirees. He said the agency would continue forwarding employees’ own FERS contributions, as well as all regularly scheduled payments to the Thrift Savings Plan, another retirement program for federal workers. “The risk to the Postal Service and the American public from insufficient liquidity for postal operations dramatically outweighs any longer-term risk to the pension funds from not making the currently due payments,” Grossmann said. Although USPS is generally required by law to make the payments, the Postal Regulatory Commission granted the agency a waiver that gives it flexibility to catch up later. The cash-saving measure comes as postal officials warn Congress of the agency’s deteriorating finances. At a March 17 hearing, Postmaster General David Steiner told the House Oversight and Government Reform Committee that USPS could become unable to continue delivering mail by February 2027 if it keeps paying all of its bills on time under the current structure. “Less than a year from now, the Postal Service will be unable to deliver the mail if we maintain the status quo,” he said in his testimony. Acc...
Oracle (NYSE:ORCL) has launched a broad suite of Fusion Agentic Applications that use coordinated AI agents across HR, finance, supply chain, and customer experience. The company also introduced major upgrades to its AI Database aimed at extreme availability and quantum resistant security for critical workloads. These releases expand Oracle's AI offerings across both its application and database p...
Oracle (NYSE:ORCL) has launched a broad suite of Fusion Agentic Applications that use coordinated AI agents across HR, finance, supply chain, and customer experience. The company also introduced major upgrades to its AI Database aimed at extreme availability and quantum resistant security for critical workloads. These releases expand Oracle's AI offerings across both its application and database portfolios for enterprise customers. Oracle, trading at $137.86, is rolling out these new AI...
Intel (NasdaqGS:INTC) and Google have agreed a multi-year collaboration to align multiple generations of Intel Xeon processors with Google’s infrastructure. The companies will co-develop custom infrastructure processing units (IPUs) intended to support AI and cloud workloads at large scale. The partnership centers on integrating Intel CPUs and next generation IPUs across Google’s global platform. ...
Intel (NasdaqGS:INTC) and Google have agreed a multi-year collaboration to align multiple generations of Intel Xeon processors with Google’s infrastructure. The companies will co-develop custom infrastructure processing units (IPUs) intended to support AI and cloud workloads at large scale. The partnership centers on integrating Intel CPUs and next generation IPUs across Google’s global platform. For investors watching Intel at a $61.72 share price, this new agreement with Google relates to...