Feedback | Friday, September 20, 2024

May 31, 2024 3:38 PM

Crypto ‘re-staking’ platforms boom as traders chase bigger returns

More than $18 billion worth of cryptocurrency has moved into a new type of platform which offers investors rewards in exchange for locking up their tokens, in a complex scheme that analysts warn poses a risk for users and the crypto market. The soaring popularity of so-called "re-staking" is the la...

May 31, 2024 3:15 PM

Global stocks and dollar idle ahead of Fed’s favourite inflation figure

Global shares were little changed on Friday in subdued trading as investors hunkered down for key U.S inflation figures that will shape the Federal Reserve's thinking on interest rates when it meets mid-June. The dollar was steady against peer currencies ahead of the U.S. inflation data. Oil was s...

May 31, 2024 3:00 PM

Former Iran parliament speaker signs up for presidential vote after Raisi death

Former Iranian parliamentary speaker Ali Larijani, a prominent conservative, was among candidates registering on Friday for an early election next month following the death of President Ebrahim Raisi in a helicopter crash, state media reported. Larijani, an adviser and ally of Supreme Leader Ayatol...

May 30, 2024 9:21 PM

Vote counting ‘concluded’ says South African Electoral Commission

A day after voting stations closed in South Africa, in one of the most hotly contested elections the country has seen since the end of apartheid, the Independent Electoral Commission (IEC) has said on Thursday (May 30) they had seven days in which to announce the election results. Sy Mamabolo, chie...

May 30, 2024 7:49 PM

How China’s EV makers aim to beat Tesla, legacy automakers in Europe

Starting in the 1980s, European automakers steadily conquered China, racking up millions in sales with little local competition. Now they'll have to defend their home turf in Europe from an onslaught of formidable Chinese electric vehicles. Chinese EV titans, Chery and Great Wall Motor (GWM) are p...

May 30, 2024 7:15 PM

Nepal Schools Close Due to Student Health Complaints from Excessive Heat

The temperature across Nepal including the Kathmandu Valley has soared sharply, making normal life difficult in the districts of Tarai. The Meteorological Forecasting Division reported that the maximum temperature in the Kathmandu Valley reached approximately 33 degrees Celsius today, marking a cont...

May 30, 2024 7:10 PM

Iran registers presidential candidates for early vote after Raisi’s death

Iran started on Thursday registration of candidates for an early election next month following the death of President Ebrahim Raisi in a helicopter crash, Iranian Interior Minister Ahmad Vahidi told state TV. Once seen as a possible successor to Supreme Leader Ayatollah Ali Khamenei, Iran's ageing ...

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