{ }
Zurich has approved the construction of a 108-meter-high UBS office tower designed by renowned Japanese architect Kengo Kuma, known for his innovative timber-concrete structures. While some praise his approach to sustainability and integration with surroundings, critics, including the Young Greens, argue that the project exacerbates the city's office space surplus and neglects housing needs. Kuma's work reflects a blend of traditional Japanese architecture and modern sustainability concepts, garnering international acclaim.
Sony is developing a portable console to play PlayStation 5 games, aiming to compete with Nintendo's Switch and potential mobile hardware from Microsoft. While the device is in early stages, it may take years to launch, and Sony could ultimately decide against its release.
Asian indices are rising, buoyed by Wall Street's optimistic close and a decline in the US dollar. The Nikkei, ASX, and KOSPI have all posted gains, supported by strong US PMI data and President-elect Trump's Treasury Secretary nomination, which may enhance market sentiment.The US dollar's recent gains may be reversing, potentially allowing Asian markets to continue their upward trend. The upcoming US core PCE price index will be crucial in determining future rate expectations, as inflation remains a key concern.
IG
Shares in Japanese train operators Keisei Electric Railway Co. and Keikyu Corp. surged on reports that activist investor Yoshiaki Murakami's fund has acquired stakes in both companies. Keisei's stock rose over 18%, marking its largest intraday increase since October 2008, while Keikyu climbed more than 16%, the highest since 1987. The fund holds nearly 5% of Keikyu and less than 1% of Keisei.
UBS Global Wealth Management anticipates a positive outlook for US equities in 2025, driven by resilient growth and lower interest rates, with a focus on tech, utilities, and financial sectors. The firm also sees opportunities in AI-linked semiconductors and emphasizes the potential of diversified exposure to Asia, particularly India and Indonesia, amid geopolitical tensions. Additionally, UBS GWM projects the S&P 500 could reach 6,600 by year-end 2025, while gold is expected to hit new highs due to ongoing economic uncertainties.
The global salty snacks market is projected to grow at approximately 7% from 2022 to 2028, driven by rising demand for convenient, low-sugar, high-protein snacks and innovative product offerings. Potato chips are expected to lead in growth, particularly in emerging economies, while retail channels will dominate sales due to increased e-commerce and consumer preferences. The Asia Pacific region is anticipated to hold a significant market share, fueled by rising disposable incomes and a growing appetite for flavored snacks.
A California startup, OceanWell, is revolutionizing seawater desalination with modular, undersea pods that utilize natural hydrostatic pressure, reducing energy consumption by up to 40%. Each pod can produce 1 million gallons of fresh water daily, with plans for larger "water farms" to address freshwater shortages while minimizing environmental impact. The company has secured $11 million in funding and is collaborating with Kubota Corporation to enhance its technology.
Trump has appointed hedge fund manager Scott Bessent as Treasury Secretary, leveraging his investment expertise to navigate a slowing global economy and the dollar's status. Bessent advocates for bank deregulation and supports a friendlier approach to cryptocurrency, earning praise from Republicans and Wall Street figures, while facing criticism from Democrats and progressive groups for his ties to the financial elite.
A comprehensive report on the Artificial Intelligence in Healthcare market highlights regional analyses across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. It covers market dynamics, competitive landscapes, and strategic insights, offering customization options to meet client needs. The report serves as a vital resource for businesses aiming to navigate the evolving market landscape and make informed decisions.
The World Health Organization (WHO) secured $1.7 billion in new pledges at the G20 meeting, bringing total commitments to $3.8 billion for its 2025–2028 strategy. This funding, which includes significant contributions from Australia, Indonesia, Spain, and the UK, aims to enhance financial stability and flexibility for WHO's initiatives, with a goal of saving an additional 40 million lives over the next four years. The G20 reaffirmed WHO's central role in global health, emphasizing the need for sustainable financing.

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.