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07.03.26 - 04:15
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Fed legt Zinspause ein (Commerzbank)
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29.01.2025 - Die US-Notenbank hat heute erwartungsgemäß eine Zinspause eingelegt, der Zielkorridor für die Fed Funds blieb damit bei 4,25%-4,50%....
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07.03.26 - 04:06
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Chinese start-up DeepSeek teams with Tencent, HKU on AI tool to sharpen 3D design (SCMP)
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Chinese artificial intelligence start-up DeepSeek has collaborated with researchers from Tencent Holdings and the University of Hong Kong (HKU) on a new AI-based method that can improve the accuracy of three-dimensional design.
The team proposed Pointer-CAD, a framework built on Alibaba Group Holding's Qwen 2.5 model, which helps designers select edges or faces of a 3D object, increasing the accuracy and efficiency in computer-aided design (CAD), a tool widely used in engineering, manufacturing......
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07.03.26 - 03:30
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In range-bound session, rupee slips 15 paisa vs Dollar (Times of India)
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The Indian rupee weakened against the dollar, closing at 91.75 on Friday, influenced by rising crude oil prices and foreign investor withdrawals. Despite central bank intervention and domestic stock market declines, losses were somewhat contained. Analysts anticipate continued pressure on the rupee due to firm crude prices, with a trading range of 91.25-92.50 expected....
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07.03.26 - 03:18
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Oil company, lobby group seek security for ships (Times of India)
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Shipping lobby and an oil company have requested security escorts for vessels navigating the Strait of Hormuz and suggested alternative ports like Yanbu to ensure uninterrupted energy and commodity flow. Companies also urged the government to waive demurrage charges for stuck cargo. The Indian Navy's role in ensuring maritime security was also discussed....
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07.03.26 - 03:18
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Fundamentals strong, can deal with oil surge: Finance ministry (Times of India)
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India's strong foreign exchange reserves and low deficits provide a buffer against rising oil prices, ensuring energy security. However, a prolonged West Asia crisis could impact the rupee and inflation. Despite this, the economy is well-positioned for growth, with GDP projected at 7.0-7.4% for FY27, though global uncertainties persist....
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07.03.26 - 03:12
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Bessent Says US May "Unsanction" More Russian Oil Amid Energy Crisis (ZeroHedge)
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Bessent Says US May "Unsanction" More Russian Oil Amid Energy Crisis
Yesterday, when discussing the stunning development that Russia would be granted a one-month license to sell (formerly) sanctioned oil to india while the Straits of Hormuz are blocked, we said that this step is just the start, and precited "unlimited extensions" in the future. We had to wait less than 24 hours for this to come true.
Speaking to Fox Business, Treasury Secretary Scott Bessent said the US may lift sanctions on further Russian oil supply after a move Thursday to give Indian refiners the green light to purchase crude from the nation.
“Treasury agreed to let our allies in India start buying Russian oil that was already on the water,” Bessent said, explaining that "to ease the temporary gap of oil around the world, we have given them permission to accept the Russian oil. We may unsanction other Russian oil.”
NEW: U.S. Treasury Secretary Scott Bessent:
Due to the temporary global oil ...
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