Japan signals readiness to intervene as yen nears 160 against dollar

Japan’s finance minister Satsuki Katayama said authorities are prepared to take “all necessary measures” regarding the currency as the yen approaches its weakest level in months, raising speculation that Tokyo could step in to stabilize the market. The Japanese currency slipped below 159 per dollar on Thursday, moving closer......

Altman says AI will be sold by usage like electricity

A video clip of OpenAI chief executive Sam Altman describing artificial intelligence as a metered utility has spread widely online, reigniting debate about how access to advanced AI should be controlled and priced. Altman made the remarks during a conversation with Global Infrastructure Partners chief executive Bayo Ogunlesi at the BlackRock......

Apple launches $599 MacBook Neo, shaking up the budget laptop market

Apple has begun shipping its new MacBook Neo, a 13 inch budget laptop starting at $599, or $499 for education customers. The device marks the company’s most aggressive move into the affordable computer market and has quickly drawn strong reactions from competitors across the PC industry. The MacBook Neo, which started shipping on March......

Gold steadies near $5,175 as strong dollar offsets safe haven demand

Gold prices stabilized on Thursday after recovering from an earlier decline of nearly 1 percent, as bargain buying balanced pressure from a stronger U.S. dollar and fading expectations of near term interest rate cuts. Spot gold slipped 0.1 percent to around $5,173 per ounce, while U.S. gold futures for April delivery held steady near $5,178,......

Scientists uncover 300 million year old DNA code hidden in plant genomes

An international team of scientists has identified about 2.3 million ancestral DNA sequences that function as hidden genetic instructions across the plant kingdom. Some of these regulatory elements have remained conserved for nearly 300 million years of evolution. The findings, published March 12 in the journal Science, represent the most......

Oil prices could drop to $55 despite Strait of Hormuz crisis

Brent crude has lost roughly a quarter of its value within days after surging to nearly $120 a barrel during the peak of the Strait of Hormuz crisis. A growing number of technical and market analyses now suggest the decline could extend much further, potentially pushing prices down toward $55 per barrel. The rally that drove oil to its highest......

Asian stock markets fall as Iran conflict keeps oil near $100

Asian equity markets declined on Friday as crude oil prices hovered close to $100 a barrel, intensifying concerns that the conflict involving Iran could disrupt global energy supplies for an extended period. The selloff followed losses on Wall Street, where the S&P 500 fell 1.5 percent on Thursday to its lowest level since November. Major......

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