Approximately half of silver’s demand comes from industrial applications — including electronics, solar panels, EV components, and manufacturing processes, explained Nirpendra Yadav, Sr. Commodity Research Analyst at Bonanza.
SCMP.com will carry a live blog of the foreign ministry’s “two sessions” press conference on Sunday morning (Beijing time). Foreign Minister Wang Yi is likely to speak at the event.China is sharpening its focus on artificial intelligence (AI) and advanced manufacturing as it seeks to bolster the economy and achieve technological self-reliance.The digital economy will grow to 12.5 per cent of gross domestic product by 2030, from 10.5 per cent last year, under the 15th five-year plan being...
Cash retains a stubborn presence in small- and mid-sized businesses, but business credit cards are beginning to erode that dominance by addressing the operational pressures that keep firms tied to currency and paper. The findings come from “Ready for Change: Why Nearly Half of SMBs Want to Ditch Cash and Checks,” as published by [...]The post Small Businesses Use Business Credit Cards for Cash Flow, Not Rewards appeared first on PYMNTS.com.
Coordinator to the Prime Minister on Commerce, Rana Ihsaan Afzal Khan on Friday stated that there is no shortage of petroleum in the country; however, global crises could affect prices, adding that a committee constituted by Prime Minister Shehbaz Sharif under the Petroleum Minister is closely monit ..
BitcoinWorldBinance Monitoring Tag Shakeup: 9 Cryptocurrencies Face Enhanced Scrutiny While FLOW Gains ReliefIn a significant compliance move, Binance has implemented Monitoring Tags on nine digital assets while removing similar designations from three others, marking another chapter in the exchange’s ongoing risk assessment protocols that directly impact trading conditions for millions of users worldwide. Binance Monitoring Tag Changes Signal Evolving Exchange Compliance Binance announced comprehensive changes to its [...]This post Binance Monitoring Tag Shakeup: 9 Cryptocurrencies Face Enhanced Scrutiny While FLOW Gains Relief first appeared on BitcoinWorld.
Rainberry Inc., the company behind BitTorrent, agreed to pay a $10 million settlement that ends a long-running case with the US Securities and Exchange Commission. The agreement lets the regulator dismiss its remaining civil claims against Justin Sun and affiliated foundations with prejudice, meaning the SEC cannot refile those specific charges. Related Reading: Solana Stablecoins Hit $650 Billion In Monthly Transactions Sun acquired BitTorrent and integrated it into his Tron blockchain ecosystem, linking Rainberry and the BitTorrent Token (BTT) to his crypto operations. Officials framed the settlement as closure rather than an admission of wrongdoing. Settlement Reduces Regulatory Overhang For Crypto Projects Reports indicate the SEC’s case targeted allegations tied to token sales, trading practices, and unregistered offerings involving TRX and BTT. By resolving the matter through Rainberry’s payment, civil claims against Sun and the Tron Foundation were dismissed. Analysts say the move clears a major legal hurdle and may reassure exchanges, investors, and partners that the immediate regulatory risk has been reduced. Justin Sun’s Role And Statements On The Outcome Justin Sun and spokespeople emphasized that he did not admit wrongdoing. Sun framed the settlement as an opportunity to focus on product development, partnerships, and community engagement within the Tron ecosystem. Public filings now reflect that Rainberry’s payment closes its portion of the case while reinforcing Sun’s ongoing leadership of the integrated BTT and TRX network. The Chinese cryptocurrency entrepreneur Justin Sun reached a $10 million settlement to resolve a US Securities and Exchange Commission civil fraud case over his trading activity https://t.co/qJoSVO20WC — Reuters (@Reuters) March 6, 2026 Traders Watch For TRX Price Breakout The market wasted no time reacting. Trading volume on TRX spiked on settlement news, though key resistance levels around $0.15 remained untested as of Thursday. This caution is consistent with where TRX has been for the last 18 months. TRX, at the time of writing, was trading at $0.285, meaning that its value is not in line with the record number of transactions being made on chain. At this point, the market is still pricing in the potential risk of an SEC lawsuit and not valuing TRX for being the most used stablecoin network in the world. Traders are viewing this settlement as lowering their legal exposure, and therefore will not consider this to be the “big” catalyst to move TRX up in price. Traders are chasing liquidity, depth of buy/sell orders, and the overall macro conditions of crypto when trading TRX. From a legal perspective, it is important to note that although this particular case has now closed, public accusations of wrongdoing remain on record. As a result, both exchanges and custodians must continue to be vigilant in complying with regulations. Related Reading: XRP To Pass Bitcoin, US Veteran Claims Amid War Forecast Foundations and Ecosystem Outlook The Tron Foundation has been focusing on developing technical solutions and providing support for projects within its ecosystem. The SEC settlement removes one of the obstacles to developing business and joint venture partnerships. However, restoring confidence in the ecosystem will take some time. Featured image from Crosley Law, chart from TradingView
HONG KONG, March 06, 2026 (GLOBE NEWSWIRE) -- MECCACOIN has announced the successful completion of a smart contract
In order to manage the sudden surge in demand and dwindling stocks, fuel pump authorities have imposed caps on fuel sales, leading to frustration among motorists who were forced to move from one station to another to fill their tanks.
These exchange-traded funds that invest in stocks earn Morningstar’s top rating.
This Women’s Month, Aboitiz Foods launches “HERstory: The Women Who Make Things Happen.”
The economy was among one of the focal areas of President Donald Trump’s State of the Union address last month. Read more here.
American employers unexpectedly cut 92,000 jobs last month, a sign that the labor market remains under strain. The unemployment rate blipped up to 4.4%.The Labor Department reported Friday that hiring deteriorated from January, when companies, nonprofits and government agencies added a healthy 126,000 jobs. Economists had expected 60,000 new jobs in February.Revisions also cut 69,000 jobs from December and January payrolls.The job market had been expected to rebound this year from a lackluster 2025 when the economy, buffeted by President Donald Trump’s erratic tariff policies and the lingering effects of high interest rates, generated just 15,000 jobs a month.Construction companies cut 11,000 jobs last month, which likely reflects frigid weather. And healthcare firms shed 28,000 jobs after a four-week strike by more than 30,000 nurses and other front-line workers at Kaiser Permanente in California and Hawaii.The outlook for the job market – and the entire economy – is clouded by the war with Iran.Employers were reluctant to hire last year because of uncertainty over Trump’s tariffs – and the unpredictable way he rolled them out.High interest rates, engineered by the Federal Reserve to combat a burst of inflation following the COVID-19 pandemic, also weighed on the job market in 2025.The impact of Trump’s aggressive trade policies may recede in 2025. His import taxes became smaller and less erratic after he reached a trade truce last year with China and deals with leading U.S. trade partners such as Japan and the European Union. A lot of businesses have also learned how to offset the costs of the tariffs, often by passing them along to customers via higher prices.Businesses needed “a year to bake some of those costs into their business model, and now it’s time to get back to growth mode,’’ said Andy Decker, CEO of Atlanta-based Goodwin Recruiting.The Supreme Court has also struck down the biggest and boldest of Trump’s tariffs – though he is replacing them with new ones.Still, hiring continues to lag far behind the hiring boom of 2021-2023 when the economy was bouncing back from pandemic lockdowns and the United States was adding nearly 400,000 jobs a month. Many economists describe today’s job market as “no-hire, no-fire’’: Companies are reluctant to add workers but don’t want to let go of the ones they have.Luckily, achieving good-enough job growth is easier these days.Until a year or two ago, employers needed to hire well over 100,000 people a month to keep the unemployment rate from rising.But Baby Boomer retirements and Trump’s deportations mean there are fewer people competing for work. So the break-even point is much lower – anywhere from zero to 50,000 jobs a month, said Joe Brusuelas, chief economist at the tax and consulting firm RSM. “Under the current conditions, 70,000 should be considered solid,’’ he said.Companies may be holding off on hiring as they buy, install and figure out how best to use new technologies, including artificial intelligence. AI, after all, potentially means they “can do more with less’’ and will need fewer workers, especially for entry-level positions, Brusuelas said.They are thinking, he said, “we’ve invested an awful lot of money in (capital expenditures), and we need to see how much we can produce with our current labor force... The last thing you want to do is hire a lot of young people and then let them go.’’_____AP Economics Writer Christopher Rugaber contributed to this report.