Author: i2wtc
Investors may want to consider bracing for a weaker stock market performance over the next six months.According to Vanguard’s Roger Hallam, it’s prudent for long-term investors to have sufficient exposure to fixed income in this environment.”Our outlook for the second half of this year is that growth will slow,” the firm’s global head of rates told CNBC’s “ETF Edge” on Monday.Hallam predicts the labor market will continue to gradually cool while inflation rises. Hallam expects the Federal Reserve will ultimately prioritize jobs and cut interest rates toward the end of this year to provide insurance.”We think that will provide a…
This photo taken on June 5, 2025 shows Huaweike’s flexible e-skin product. (Wuhan Huaweike Intelligent Technology Co., Ltd./Handout via Xinhua)by Xinhua writers Yi Ling and Hou WenkunWUHAN, July 9 (Xinhua) — Imagine a robotic hand delicately lifting a cube of silken tofu without leaving a dent — a task most humans would struggle to master. This feat of precision, demonstrated at Wuhan Huaweike Intelligent Technology Co., Ltd. in central China’s Hubei Province, hinges on a revolutionary technology: e-skin.Covering just one square centimeter on the robotic fingertip are nearly 100 tiny “touch points,” or micro-sensing points, as Huaweike Chief Product Officer…
RAWALPINDI/LAHORE: The family of the PTI founder Imran Khan, including his sons Suleman Khan and Kasim Khan, will be part of the protest movement called by him, his sister Aleema Khan said on Tuesday. Aleema spoke to the media after her two sisters Uzma and Noreen Khan and party lawyers met the PTI founder in Adiala Jail. Aleema was, however, denied permission for the meeting. She told the reporters that Imran Khan would himself lead the protest movement from inside the jail. “Imran Khan has said that he will lead the protest movement. He is free while in jail but…
Jakub Porzycki | Nurphoto | Getty ImagesBank of New York Mellon will be the primary custodian for the Ripple’s U.S. dollar-pegged stablecoin reserves going forward, the two companies said Wednesday.The partnership should enhance regulatory compliance for Ripple, the issuer of ripple USD (RLUSD), and boost institutional credibility for the company as well as the fast growing stablecoin industry. BNY Mellon is the nation’s oldest bank and primarily serves institutions and corporations.It also adds to the growing number of traditional institutions and companies showing interest in stablecoins – a shift that has quickly become known as “stablecoin summer” – as the…
MADRID: Liverpool and Portugal star Diogo Jota was likely speeding when his car veered off a motorway in Spain last week killing him and his brother, Spanish police said on Tuesday. The shock deaths of Jota, 28, and Andre Silva, 25, on July 3 plunged the football world into mourning, less than two weeks after the striker had got married. An ongoing investigation is examining “the marks left by one of the vehicle’s wheels… everything points to a possible excessive speed beyond the road’s speed limit”, the Civil Guard said. “All the tests conducted so far indicate that the driver…
ISLAMABAD: Pakistan loses Rs250 billion annually to power theft in the country — not Rs500 billion as some claim — Energy Minister Awais Leghari told the National Assembly Standing Committee on Power on Tuesday. The committee, chaired by Muhammad Idrees, was informed that K-Electric could now draw up to 600 megawatts (MW) of electricity from the national grid, bringing its total power availability to 2,000MW. The minister’s statement came during a suggestion from committee member Rana Sikandar Hayat, who urged the issuance of new connections to housing societies to boost consumption. “If demand notices are issued, we’ll install the connections,” the minister…
LONDON: India expect England to roll out a challenging track for the third Test at Lord’s but are confident their in-form batters can master it, batting coach Sitanshu Kotak said on Tuesday. India levelled the five-Test series 1-1 with a thumping 336-run victory at Edgbaston where they racked up 587 in the first innings and declared their second on 427-6. England are pondering overhauling their tired bowling attack and a fit-again Jofra Archer is in line to play his first Test in more than four years at Lord’s. “It will be a challenge if Jofra comes in,” Kotak told reporters…
U.S. President Donald Trump walks as workers react at U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. Leah Millis | ReutersAs President Donald Trump’s tariffs against more than a dozen countries spark fresh concerns about looming country-specific trade measures, often overlooked are the levies on specific products and commodities that are already in place or could soon be coming.These so-called “Section 232” tariffs — already announced on cars, steel and aluminum, and floated for copper and other items — further constrain businesses and U.S. trading partners trying to navigate a constantly evolving trade environment.Trump said Tuesday that he would…
A student operates an AI-powered VR device at Shenzhen Xiantian Foreign Language School in south China’s Guangdong Province, March 21, 2025. (Xinhua)BEIJING, July 9 (Xinhua) — Beijing Normal University (BNU) has launched China’s first undergraduate program dedicated to artificial intelligence (AI) education, aiming to address a critical shortage of specialized teachers in the field.The initiative aligns with government directives to boost AI education across primary and secondary schools nationwide, the Science and Technology Daily reported on Wednesday.In late 2024, the Ministry of Education issued a directive calling for measures to advance AI education in primary and secondary schools.This year, Beijing’s…
ISLAMABAD: An audit report presented to the Public Accounts Committee (PAC) has revealed that Zarai Taraqiati Bank Limited (ZTBL) employees caused a loss of Rs1.2 billion to the national treasury through a fraud involving forged documents. Audit officials on Tuesday told a meeting of the PACheld under the chairmanship of Junaid Akbar on Tuesdaythat in several cases, loans sanctioned for farmers never reached them as ZTBL employees misappropriated these loans. Appearing before the committee, ZTBL president stated that the bank dismissed 400 employees found involved in altering loan documents. “We have placed personal contact numbers and awareness boards in every…