Author: Charlotte

NEW DELHI: The National Highways Authority of India (NHAI) will set up the country’s first permanent and independent research centre focused on the economics of transportation, mobility and logistics. The centre will be established at the National Council of Applied Economic Research (NCAER) in Delhi.The initiative aims to strengthen evidence-based policymaking and promote research in the road transport sector. It is being set up with a contribution from NHAI, while NCAER will mobilise support from allied institutions and partners.The NHAI has signed a Memorandum of Understanding (MoU) with NCAER to establish the centre.“The first of its kind initiative reflects NHAI’s…

The collaboration is designed to enable near-instant value transfers between markets at significantly lower cost while maintaining the same user experience for customers on the LemFi app. LemFi  has partnered with BVNK , an enterprise-grade stablecoin payments infrastructure company, to modernize its cross-border payment infrastructure by moving settlement onto regulated stablecoin rails. The collaboration is designed to enable near-instant value transfers between markets at significantly lower cost while maintaining the same user experience for customers on the LemFi app. The partnership aims to address long-standing challenges in international money transfers, where payments often rely on correspondent banking networks and SWIFT systems…

Sen. Bernie Sanders has introduced a competing and more aggressive legislative approach. His American AI Sovereign Wealth Fund Act would impose a one-time 50% tax — paid in stock, not cash — on OpenAI, Anthropic, xAI, and other major AI companies [3].The bill would grant the federal government voting shares and equal board representation at each targeted company, giving regulators the power to block decisions deemed harmful to the public interest [3]. Sanders described the rationale in a Senate op-ed: “AI is built on our collective intelligence: our books, songs, artwork, journalism, code, scientific research, videos, conversations, images and ideas”…

Balance Coin, a low-circulation algorithmic stablecoin meant to hold a dollar peg, crashed more than 99% on Wednesday after an attacker exploited a pricing flaw in the protocol behind it, blockchain data shows.The token, which traded near its $1 peg a day earlier, fell to about $0.0014, erasing nearly all of its roughly $3.5 million in nominal value. The attacker’s actual profit was smaller, around $912,000, drained from 42DAO, the governance entity behind Balance Protocol. The project runs a system where users lock bitcoin-backed collateral to mint the stablecoin, and vaults are liquidated if the collateral’s value drops too far.Security…

Mutual funds having significant exposure to diversified bonds are excellent choices for investors seeking steady returns with a relatively low level of risk. Investing in funds that maintain a portfolio of bonds issued across a wide range of market sectors also reduces sector-specific risk.Investing in diversified bond funds is preferred to individual bond investing, as building a portfolio of the second type may prove relatively more expensive. A higher level of liquidity also makes diversified bond funds more attractive.Below, we share with you three top-ranked diversified bond mutual funds, namely Federated Hermes International Bond Strategy (FIBPX Quick QuoteFIBPX – Free…

Josh Figueroa ’24 Major/Program: Applied Economics & Management: Finance What will you always remember about your time at Cornell? I will always remember the friendships and relationships that I developed while being at Cornell. The students who attend Cornell University, the professors, academic advisors, and broader faculty contribute to the fantastic experience that we, students, ultimately have. Cornell attracts incredibly intelligent, driven, and kind individuals who allow students to learn from one another and broaden their academic, professional, and personal horizons. Doing the greatest good is a big part of being a Cornellian. How will you carry this into your career…

Galaxy Digital has established a $5 million initiative to fund Bitcoin developers working on technologies designed to prepare the network for future quantum computing risks. Summary Galaxy Digital has launched a $5 million fund to support Bitcoin developers working on quantum resistant security solutions. The initiative will finance research into new signature schemes, wallet migration tools and security audits for Bitcoin. Galaxy said early preparation is needed because upgrading Bitcoin’s cryptography could take years of coordination across the ecosystem. According to Galaxy Digital, applications have opened for its new Bitcoin Quantum Readiness Initiative, a grant program that will support developers…

Singapore Exchange Ltd (ISIN SG1S04926220), the owner and operator of the Singapore Exchange marketplace, continues to position SGX stock as a leveraged play on Asia Pacific capital markets through a growing mix of derivatives, foreign exchange, and data businesses. Investors have been tracking the group’s recent financial performance, which shows revenue expansion and a balanced contribution from multiple segments across cash equities, fixed income, currencies and commodities, as well as its information services arm.Revenue growth and profit metricsIn its most recently reported full fiscal year, Singapore Exchange Ltd announced total revenue of around SGD 1.21 billion, highlighting the scale of…

사진 확대 The dealing room of Hana Bank’s headquarters in Jung-gu, Seoul on this day [Yonhap News] The KOSPI, which started higher on the 22nd by recovering to 7,000 units, returned its intraday gains to close at 6,700 units.The KOSPI closed at 6797.70, up 49.75 points (0.74%) from the previous day.The index, which started higher at 7052.09, up 304.14 points (4.51%) from the previous day, was triggered by a buying sideline during the day. However, ahead of the earnings announcement of Alphabet, Google’s parent company, cautionary sentiment flowed in, reducing the rise in the second half of the market and…

1. Introduction US grain markets are impacted by information from a variety of sources. Government reports, such as those produced by the US Department of Agriculture (USDA), serve as one source of information in US grain markets, complementing a variety of private and public data on supply and demand fundamentals. Prior research has established that such reports can influence price movements (Adjemian, Reference Adjemian2012; Fiechter et al., Reference Fiechter, Kuethe, Langemeier and Mintert2025; Garcia et al., Reference Garcia, Irwin, Leuthold and Yang1997; Just, Reference Just1983; Massa et al., Reference Massa, Karali and Irwin2024; Mattos and Silveira, Reference Mattos and Silveira2016;…