World : Money Times

World

IC Funded: Revolutionizing Prop Trading for Retail Traders

IC Markets has recently launched its proprietary trading platform, IC Funded, and it's already creating a buzz in the trading community. What started as a soft launch has now captured the attention of traders worldwide, highlighting a significant shift in how retail traders can access capital and participate in the markets.

Aug 28, 2024 01:18 AM EDT

News

As Copper M&A Wars Escalate, Solaris Resources' Warintza Project Stands Out

The mining industry has been busy with mergers and acquisitions (M&A) activity in recent years, and 2024 has been one of the busiest. Major mining companies are all vying for a piece of the action in the promising copper sector. As the global push towards electrification and clean energy intensifies, the demand for copper—a critical component in electric vehicles, renewable energy systems, and infrastructure—is expected to soar. This has sparked even more interest from mining giants looking to secure their position for production.

World

Stablecoins Emerge as a Lifeline in Argentina's Economic Crisis

The US House of Representatives is set to vote on overriding President Biden's veto of a measure to remove SEC rule SAB 121, impacting cryptocurrency firms.

World

Super Funds Urged to Future-Proof Amid Contingency Planning Shortfalls

APRA urges superannuation funds to improve financial contingency planning amid significant shortcomings.

NASA aims to use modified bacteria to survive on Mars

The researchers at NASA's Ames Research Center has developed a strain of bacteria that can produce sugar for food supply. The bacteria will be on space test in 2017. The sugar produced by the bacteria could also be turned into fuel. Other type of modified bacteria can even make 3D tools for astronauts.

Nov 28, 2015 06:15 AM EST

Inflation Continues as Household Spending Declines in Japan

Japanese government need to issue a monetary stimulus to jumpstart economy. As inflation continue and CPI fell for the third consecutive month.

Nov 27, 2015 07:36 PM EST

Oil prices strife ahead of OPEC meeting

All eyes on the forthcoming OPEC meeting as oil prices are reeling under pressure amid the global glut in oil supplies and surging US dollar are impacting severely. The US inventories rose to highest in the past eight decades.

Dec 01, 2015 04:24 AM EST

'Spencer' The Robot Is Here to Save the Day

Spencer now helps traveler to find their way from 30th November at Schiphol Amsterdam Airport.

Dec 11, 2015 04:11 AM EST

Metals bounce, Asian stock futures gain as equities ease

Asian markets recorded diverge trends in global markets. Metals prices started rebounding along with rising Asian stock futures while stocks slipped into pressure on Friday. The US index futures also rallied. The Chinese government's probe into short selling is weakening the investors' confidence.

Nov 30, 2015 02:43 AM EST

China Fishery bonds drop as HSBC winds up its operation

China Fishery Group's bonds fell 34% as its banker HSBC has asked Hong Kong High Court to appoint liquidators for winding it up. HSBC filed an application for winding up of two companies -- China Fishery Group and China Fisheries International with an outstanding loan of $680million.

Nov 28, 2015 03:09 AM EST

Oil prices marginally slip on glut, bleak outlook

The concerns about the geopolitical tensions in the Middle East faded out as oil price marginally eased after gaining for six sessions. Brent and the US crude oil futures were flat ahead of the US Thanksgiving holiday.

Nov 27, 2015 12:49 AM EST

US consumers spending below forecast as savings soar

The US consumer spending rose only by 0.1%, below the 0.3% forecast while savings rate rose to the highest in the past three years. According to the US Commerce Department's data for October, Americans are savings faster than spending.

Nov 27, 2015 12:04 AM EST

Nickel makers explore ways to weather lower prices

Suffering from 12-year low price levels, nickel makers are planning to slash production and supply levels to boost the prices. The slowdown in China's economy is impacting the most nickel consumption and its price. Nickel manufacturers are considering several options on how to propel the price and sustain the current adverse conditions.

Nov 26, 2015 10:36 PM EST