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Tag: general

HSBC quantum computing test boosts trading performance

LONDON, United Kingdom — Banking giant HSBC announced Thursday it has achieved promising early results using quantum computing to improve trading performance. Quantum technology holds the potential to vastly increase computing power to solve real-world problems, but current quantum computers remain highly experimental and face major challenges, including high error rates. The project, launched by HSBC

Is Chainlink (LINK) on Track to Reclaim Its $52 ATH by 2026?

Chainlink (LINK), the leading decentralized oracle network token, currently holds a market cap of around $14.84 billion, placing it among the top altcoins. With a 24-hour trading volume of nearly $854.77 million, LINK’s price movements are drawing attention as traders track its role in powering smart contracts and DeFi applications amid broader market volatility. At […]

Gov’t budget shortfall hits two-month high

MANILA, Philippines — The government’s budget deficit widened to a two-month high in August, as revenues fell more sharply than expenditures, which slid to their lowest level in six months. The Marcos administration incurred a fiscal shortfall of P84.8 billion, 56 percent bigger compared with the level a year ago, the Bureau of the Treasury

UAAP: Kymani Ladi, Ateneo eye better execution amid perfect start

MANILA, Philippines—For the second straight game in a row, Ateneo relied on dynamic forward Kymani Ladi to push it to the win. This time, though, Ladi wasn’t fully satisfied with how the Blue Eagles escaped past winless University of the East, 62-60, on Wednesday at UST’s Quadricentennial Pavilion. READ: UAAP: Ateneo edges UE for 2-0

More foreigners buying Philippine stocks since CMEPA, says PSE

MANILA, Philippines — Foreigners have been buying more Philippine stocks than they have been selling since a new law enhancing the local capital markets came into effect in July. This is seen to signal a more attractive environment for international investors. Ramon Monzon, president and CEO of the Philippine Stock Exchange, on Wednesday said the

Australian telco giant fined $66M over ‘appalling’ conduct

SYDNEY, Australia — Embattled Australian telco giant Optus was hit with a $66-million fine on Wednesday over “appalling” sales conduct as the firm grapples with fallout from a network outage linked to several deaths. A federal court ruled the company — one of Australia’s top telecoms providers — should be punished for selling products to vulnerable