By Amy Lv and Mai Nguyen BEIJING/HANOI (Reuters) – Rare earth prices have likely bottomed out and are poised to rise later this year on demand from electric vehicles (EVs) and wind power and as dominant producer China is expected to pull back on expanding output quotas, analysts said. Rare…

Investing.com– Most Asian currencies nursed steep losses on Wednesday, while the dollar steadied after a sharp overnight rebound as anticipation of more cues on the Federal Reserve saw markets question expectations for early interest rate cuts.  Sentiment towards Asia also remained fragile following weak economic data from China and a…

Last updated: February 12, 2024 03:06 EST | 2 min read Source: AdobeStock / FiledIMAGE An Australian court has dismissed allegations relating to Block Earner’s DeFi “Access” service in a legal case brought by the Australian Securities and Investments Commission (ASIC).Justice Ian McNeil Jackman, who presided over the case, has…

2/2 © Reuters. FILE PHOTO: The logos of Nippon Steel Corp. are didplayed at the company headquarters in Tokyo, Japan March 18, 2019. Picture taken March 18, 2019. REUTERS/Yuka Obayashi/File Photo 2/2 By Anton Bridge, John Geddie and Daniel Leussink TOKYO (Reuters) – Donald Trump’s pledge to block Nippon Steel’s…

By Riham Alkousaa BERLIN (Reuters) -Germany’s government has agreed plans to subsidise gas power plants that can switch to hydrogen, the economy ministry said on Monday, with a price tag of $17 billion in subsidies as part of efforts to supplement intermittent renewable energy and speed up the transition to…

Investing.com – The U.S. dollar steadied near two-week highs in early European trade Wednesday ahead of the release of the minutes of the Federal Reserve’s December meeting. At 04:10 ET (09:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% higher at…

Delving into Bitcoin‘s technical landscape, the cryptocurrency finds formidable support near the $47,680 mark, reinforced by an ascending trend line that also serves as Sunday’s pivot point. The emergence of a bullish engulfing candlestick on the four-hour timeframe signals a robust bullish sentiment among traders. With this momentum, Bitcoin is…

A “baby bubble” is forming in the U.S. stock market, fueled by “monopolistic tech” and investor enthusiasm around artificial intelligence, according to BofA Global Research.  The AI bubble is “front running” interest-rate cuts by the Federal Reserve, investment strategists at BofA warned in a research note dated Jan. 25. Many…

© Reuters. BRISBANE – NOVONIX Limited (NASDAQ: NVX), a company specializing in battery materials and technology, announced the upcoming addition of Sharan Burrow to its Board of Directors, slated for February 28, 2024. Sharan Burrow, acclaimed for her global advocacy in human rights and climate action, brings a wealth of…

LONDON (Reuters) – As many as 35 oil tankers that usually carry crude or fuel oil could switch to carrying cleaner products like diesel and jet fuel in the next two months as shipowners chase higher profitability, oil analytics firm Kpler said in a LinkedIn post. An “LR2” (long-range 2)…