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[ad_1] Please Register or Sign in to view this content. Quantum Commodity Intelligence is a premium paid subscription service for professionals in the oil, biofuels, carbon, ammonia and hydrogen markets. Quantum Carbon service subscribers have access to: Daily price assessments Market news and price commentary Fundamental trade data Quantum Carbon Daily – market report sent to your email Get in touch with us for subscription information on all Quantum platforms, or help with the service. [ad_2] Source link

[ad_1] People walk past the Korea Exchange (KRX) building in Seoul, South Korea, on Dec. 9, 2024.Daniel Ceng | Anadolu | Getty ImagesSouth Korea’s central bank cut rates by 25 basis points Tuesday to their lowest since August 2022, as it strives to stimulate a slowing economy.The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming them for the third time in four meetings.The central bank said the decision was taken to mitigate downward pressure on the economy, forecasting growth to “decline significantly.”BOK cut its 2025 growth outlook to 1.5%…

[ad_1] Federal Reserve Bank of Chicago President Austan Goolsbee said late Monday that the US central bank needs more clarity before going back to cut the interest rates.  Key quotes If the administration enacts policies that drive up prices then, by law, the Fed has to think about it.Auto parts suppliers have expressed concerns about tariffs.Before the Fed can go back to cutting rates the Fed needs more clarity.Still to be determined what the entire administration’s policy package entails.Fed has to take a wait-and-see stance.   Market reaction  At the time of writing, the US Dollar Index (DXY) is trading 0.08% higher on…

[ad_1] Article content(Bloomberg) — Woodside Energy Group Ltd. sees a continued role for carbon credits because of the projected costs of tackling difficult-to-abate emissions. Article contentAustralia’s biggest oil and natural gas producer retired about 1.3 million credits last year and manages a portfolio of more than 20 million, it said Tuesday in an annual report. Using “credits as offsets remains an important part of Woodside’s approach to Scope 1 and 2 GHG emissions, due to the high potential cost of large scale abatement options,” it said.Article contentSome previous corporate users of credits have limited or halted purchases to focus on emissions…

[ad_1] South Korea’s export growth slowed in September, with shipments to the United States barely increasing, in an outcome that may support market expectations for an easing of monetary policy as early as next week.Mongkol Chuewong | Moment | Getty ImagesAsia-Pacific markets traded lower Tuesday after Wall Street fell overnight as Trump tariffs stoke a risk-off mood, while investors assesed Bank of Korea’s rate decision.Australia’s S&P/ASX 200 fell 0.87%.Japan’s Nikkei 225 declined 1.34%, while the Topix slipped 0.72%.South Korea’s Kospi traded 0.5% lower while the small-cap Kosdaq fell 0.44%.South Korea’s central bank expectedly cut rates to 2.75% from 3%, as…

[ad_1] Woodside Energy Group Ltd. sees a continued role for carbon credits because of the projected costs of tackling difficult-to-abate emissions. Australia’s biggest oil and natural gas producer retired about 1.3 million credits last year and manages a portfolio of more than 20 million, it said Tuesday in an annual report. Using “credits as offsets remains an important part of Woodside’s approach to Scope 1 and 2 GHG emissions, due to the high potential cost of large scale abatement options,” it said. [ad_2] Source link

[ad_1] A key federal resource to help communities make their streets safer has been purged from the U.S. DOT’s website — and left advocates scratching their heads about why an agency supposedly laser-focused on saving lives on the road is removing the most basic resources communities need to do it. Staff at Smart Growth America were shocked last month to learn that the federal Complete Streets page was among the thousands of government websites culled shortly after the start of the Trump administration, in what reporters for the New York Times called a “rush to heed President Trump’s orders targeting…

[ad_1] Because of the strain that data centers (as well as other electrification sources, such as electric vehicles) are putting on the grid, “the data center industry needs to develop new power supply strategies to support growth plans,” Dietrich said. Here are the underling factors that play into the three strategies outlined by Uptime. Scale creates new opportunities: It’s not just that more data centers are being built, but the data centers under construction are fundamentally different in terms of sheer magnitude. For example, a typical enterprise data center might require between 10 and 25 megawatts of power. Today, the…

[ad_1] Hims & Hers Health shares plunged 18% in extended trading on Monday after investors looked past better-than-expected revenue and earnings and focused instead on the disappointing gross margin.Here’s how the company did, compared to analysts’ consensus estimates from LSEG:Earnings per share: 11 cents vs. 10 cents expectedRevenue: $481 million vs. $470 million expectedRevenue at the telehealth company increased 95% in the fourth quarter from $246.6 million during the same period last year, according to a release.However, the company’s gross margin, or the profit left after accounting for the cost of goods sold, was 77%, while analysts polled by StreetAccount were expecting…

[ad_1] Years of research show female investors outperform men, Blair duQuesnay, CFA, observed in her January 2019 New York Times opinion piece. Yet only about one in five brokers are women. duQuesnay acknowledged that while gendering any ability or trait can make people uncomfortable these days, there is ample evidence to support the idea that women might be better equipped to “help families nurture and protect their nest egg.” She provided her candid perspective on the flaws in the persistently male-dominated finance industry and suggested that the implications of the gender gap included, potentially, “a financial blow to millions of…