TOKYO (Reuters) - Nissan (OTC:NSANY) Motor is preparing to tap Korean battery supplier SK On for its electric vehicle production in the United States, as it reviews its current supply from a Chinese company, Yomiuri newspaper reported on Friday. Nissan last year said it was looking into a second source of batteries produced in the...
The Taiwan stock market has finished lower in three consecutive sessions, surrendering almost 700 points or 3.4 percent along the way. The Taiwan Stock Exchange now rests just above the 21,170-point plateau although it may stop the bleeding on Monday. The global forecast for the Asian markets is cautiously optimistic on an improved outlook for...
On Friday, JPMorgan adjusted its stance on Hess Midstream Partners LP (NYSE:HESM), downgrading the stock from Overweight to Neutral, while increasing the price target to $27 from $25. The revision followed Hess (NYSE:HES) Midstream\'s recent performance, which, despite falling slightly short of fourth-quarter expectations, saw the company forecast stronger-than-anticipated earnings for 2024. Hess Midstream\'s guidance...
The Hong Kong stock market has moved higher in back-to-back sessions, rallying almost 650 points or 3.6 percent along the way. The Hang Seng Index now sits just above the 18,960-point plateau although investors may lock in gains on Monday. The global forecast for the Asian markets suggests mild upside on conflicting factors in the...
The U.S. dollar weakened against its major counterparts in the New York session on Wednesday, as inflation came in lower than expected in May, reviving hopes for a rate cut by the Federal Reserve in September. Data from the Labor Department showed that the consumer price index came in unchanged in May after rising by...
Source: MidjourneyA Virginia Senate Committee has put forward a recommendation for an annual combined fund allocation of $39,240 to support two recently established commissions focused on artificial intelligence (AI) and cryptocurrency. The proposal, presented by a Subcommittee of Virginia’s Senate Finance and Appropriations Committee on February 18, allocated over $23.6 million to various legislative departments....
A report released by the Labor Department on Thursday unexpectedly showed a slight drop by first-time claims for U.S. unemployment benefits in the week ended March 16th. The Labor Department said initial jobless claims edged down to 210,000, a decrease of 2,000 from the previous week\'s revised level of 212,000. The dip surprised economists, who...
Even though the selection of IOTA wallets is not as large as that of Bitcoin or Ethereum, choosing the best IOTA wallet can be a complex task. In the following article we would like to give you an overview of the currently available and safest IOTA Wallets. Before we introduce the individual wallets in more...
The Federal Reserve released the minutes of its latest monetary policy meeting on Wednesday, revealing officials are still not prepared to begin cutting interest rates. The minutes of the June 11-12 meeting said participants noted that progress in reducing inflation toward the Fed\'s 2 percent target had been slower this year than they had expected...
Bestselling author of ‘Rich Dad Poor Dad,’ Robert Kiyosaki, urged followers on Monday to purchase Bitcoin (BTC) ahead of the April halving event. In a post to Twitter, the author promised to buy 10 more BTC before the start of April due to his conviction around the event, which will cut the rate at which...