Samuel Nwite
AUTHOR: Samuel Nwite
Global Bond Yields Surge, Oil Rises, Gold Dips As Middle East Conflict Revives Inflation...
Government bond yields surged across major markets on Tuesday, with borrowing costs in Japan and the United Kingdom reaching multi-decade highs as renewed hostilities...
SpaceX Moves Into Gas Turbine Manufacturing As AI Boom Intensifies U.S. Power Crunch
SpaceX is moving deeper into power generation by building a factory to manufacture gas turbine blades and vanes, as the rapid expansion of artificial...
Global Factory Activity Strengthens As AI Demand Powers Asian Chip Production and European Recovery
Global manufacturing activity strengthened in August, with the artificial intelligence boom driving demand for semiconductors and computing equipment across Asia while a recovery in...
South Korea Unveils Record $597bn Budget to Strengthen AI, Chip Industries
South Korea has unveiled its largest-ever fiscal spending increase, proposing an 821 trillion won ($596.9 billion) budget for 2027 as President Lee Jae-myung's government...
Eurozone Inflation Surges to 3.3% As Energy Shock Raises Pressure on ECB to Hike...
Eurozone inflation accelerated sharply in August, driven by a renewed surge in energy costs linked to the war in Iran and disruptions around the...