S. Korea’s c.bank moves to develop pilot digital currency
South Korea’s central bank on Monday said it will choose a technology supplier to build a pilot platform for a digital currency, moving a step closer to creating a central bank-backed digital currency.
SHARES WARY ON U.S. INFLATION, BATTERED BITCOIN CHARTS RECOVERY
Asian shares got off to a cautious start on Monday as investors anxiously awaited a key read on U.S. inflation this week for guidance on monetary policy, while Bitcoin took a hammering after China cracked down on mining and trading of the cryptocurrency.
India’s Cadila to produce up to 30 mln COVID-19 vaccine doses a month – executive
India’s Cadila Healthcare (CADI.NS) is aiming to triple monthly production of a COVID-19 vaccine candidate to as many as 30 million doses, its managing director said on Monday, as the country battles a massive wave of infections.
G7 is close to agreement on taxation of world’s largest companies – FT
Group of Seven countries are close to reaching agreement on the corporate taxation of multinationals, clearing the way for a global deal later in the year, the Financial Times reported.
Virgin Galactic moves one step closer to commercial space flights
Flying at Mach 3 and reaching more than 55 miles above the Earth Saturday, British billionaire Sir Richard Branson’s private spaceship company Virgin Galactic Holdings Inc (SPCE.N) completed its first manned space flight from its new home port in New Mexico.
Shares wary on U.S. inflation, battered bitcoin charts recovery
Stocks struggled for momentum on Monday as investors awaited key U.S. inflation readings for guidance on monetary policy, while bitcoin rebounded from its hammering on news of China’s clampdown on mining and trading of cryptocurrencies.
Why school closure is a last resort
By Hyuncheol Bryant Kim, Sungsup Ra, Ryotaro Hayashi School reopening should be done on a risk-based approach – with situations closely monitored, particularly for the effect of COVID-19 variants – and school closure be used as a last resort. Schools have been fully or partially closed for more than a year in many developing countries. The world’s longest […]
EU leaders to debate who will pay for the green transition
The EU’s executive Commission is due to publish a huge set of climate policy proposals in July, including carbon market reforms and tougher carbon dioxide standards for cars. All will need approval from its 27 member states.
Crypto miners halt China business after Beijing cracks down, bitcoin tumbles
Cryptocurrency miners, including HashCow and BTC.TOP, have halted their China operations after Beijing intensified a crackdown on bitcoin mining and trading, hammering digital currencies amid heightened global regulatory scrutiny of them. A State Council committee led by Vice Premier Liu He announced the crackdown late on Friday as part of efforts to fend off financial […]
Oil drillers and Bitcoin miners bond over natural gas
On U.S. oil patches stretching along the Rockies and Great Plains, trailers hitched to trucks back up toward well pads to capture natural gas and convert it on the spot into electricity.
