Nomura Securities has updated its projections for the Bank of England's interest rate cuts. According to Jin10, the firm now anticipates that the central bank will reduce rates by 25 basis points in both April and July, a shift from its earlier forecast of cuts in March and June. This adjustment reflects changing expectations regarding the UK's economic conditions and monetary policy direction. The revised timeline suggests a more cautious approach by the Bank of England in addressing economic challenges.

UK Chancellor of the Exchequer, Reeves, emphasized that the issues surrounding the Strait of Hormuz are primarily about the safety of captains and crew members, rather than insurance products. According to Jin10, Reeves highlighted the importance of ensuring maritime security in this critical shipping lane, which is vital for global trade. The Strait of Hormuz is a strategic chokepoint, and any disruptions could have significant implications for international shipping and energy markets. Reeves' comments come amid ongoing tensions in the region, underscoring the need for diplomatic efforts to maintain stability and security in the area.

Rheinmetall's CEO has announced plans to increase the company's focus on the U.S. market, with potential investments in the Middle East depending on regional developments. According to Jin10, the CEO emphasized the strategic importance of these regions for the company's future growth. The decision aligns with Rheinmetall's broader strategy to expand its global footprint and adapt to changing geopolitical landscapes. The company aims to leverage opportunities in these markets to enhance its competitive position and drive long-term growth.

Cryptocurrencies, stablecoins: Has the era of global tax transparency for cryptocurrencies arrived? Jinse Finance: Will trading virtual currencies overseas lead to tax evasion in China?

Barclays has projected that the Euro Stoxx 600 index might drop to approximately 550 points if oil prices persist around $100 per barrel and economic growth remains sluggish. According to NS3.AI, Barclays highlighted that these conditions could negatively impact companies' earnings per share (EPS) growth.

UK Chancellor of the Exchequer Rachel Reeves has expressed concerns over the potential negative impact of ongoing conflicts on the British economy. According to Jin10, Reeves highlighted that geopolitical tensions could pose significant challenges to economic stability and growth in the UK. The Chancellor emphasized the importance of monitoring these developments closely as they could affect various sectors and overall economic performance. Reeves' remarks come amid heightened global uncertainties, underscoring the need for strategic economic planning and resilience.

Turkish President Recep Tayyip Erdogan has called for an end to the conflict in Iran before it escalates into a broader regional war. According to Jin10, Erdogan emphasized the importance of diplomacy as the key solution to the ongoing tensions. He urged all parties involved to prioritize peaceful negotiations to prevent further instability in the region. Erdogan's remarks come amid growing concerns about the potential for widespread conflict, highlighting the need for immediate diplomatic efforts to address the situation.

CTT is currently seeking advisers to present proposals as it considers various strategies for its banking operations. Bloomberg posted on X, indicating that the company is evaluating potential paths for its financial services segment. This move comes as CTT aims to optimize its business structure and enhance its market position. The exploration of options is part of a broader effort to ensure sustainable growth and profitability in the competitive banking sector. CTT's decision to invite advisers reflects its commitment to strategic planning and effective management of its banking assets.

Jensen Huang is pushing back against fears that artificial intelligence will wipe out jobs, arguing instead that the technology could generate millions of new roles as companies race to build the infrastructure needed to power the AI era.

South Africa's mining industry is facing significant job cuts despite recent efforts to reduce electricity costs for smelting operations. According to Jin10, the National Union of Mineworkers in South Africa has revealed that Samancor Chrome is proceeding with plans to lay off approximately 2,400 employees. This decision comes even after the South African government and the state-owned power company, Eskom, agreed to lower electricity tariffs for smelters. The labor union, based in Johannesburg, stated that the job cuts would affect both Samancor's smelting operations and its headquarters. On February 27, South Africa offered cheaper electricity to the ferrochrome smelting joint venture between Samancor and Glencore in an attempt to preserve jobs. This move followed months of negotiations involving industry stakeholders, the government, and Eskom. Currently, only 11 out of 66 smelters in South Africa remain operational, highlighting the severe impact of rapidly rising electricity prices on the metal processing industry.

Samancor is considering the elimination of approximately 2,400 positions within its smelting operations and corporate offices. Bloomberg posted on X, highlighting the potential impact on the workforce. The company is evaluating these measures as part of a broader strategy to streamline operations and improve efficiency. The decision comes amid challenging market conditions and aims to ensure the long-term sustainability of the business. Further details on the implementation of these job cuts have yet to be disclosed.

According to official news, OKX's 6th "Golden Grid Special" trading event, part of its "Play and Earn" strategy, is now live. The event runs from 15:00 (GMT+8) on March 10, 2026 to 23:59 (GMT+8) on March 18, 2026. During the event, for every 10,000 USDT traded in XAUT, participants will receive one treasure chest containing up to 1 XAUT, 0.5 XAUT, various trading trial funds, and compensation coupons. In addition, new users will receive an extra 120 USDT exclusive gift pack, and new contract grid users can also receive a free 10 USDT compensation coupon, with the platform covering any losses on their first trade.

UAE banks are now using blockchain for real transactions, not just experiments. Clear rules and approved stablecoins have helped them scale safely.

xStocks launched the xPoints rewards programme to give users points for trading tokenised stocks, providing liquidity, and using the assets in DeFi. The governance wording in the programme has sparked speculation about a possible future token, though nothing has been confirmed.

This startup team, originating from Singapore and Malaysia, has indeed demonstrated its product execution capabilities to the market over the past three years. However, they have also been fully exploiting every regulatory gray area with their business logic.

China’s highest court has signaled a tougher stance against cryptocurrency-related crime, warning that individuals and organizations using digital assets to launder money or move funds illegally across borders could face harsher penalties.

Jensen Huang, Artificial Intelligence, Jensen Huang publishes rare long article: AI is a "five-layer cake" infrastructure. Golden Finance, Artificial Intelligence (AI) is one of the most powerful forces shaping the world today.

Artificial intelligence, AI Agent, OpenClaw, Anthropic, Your "Lobster" is on the verge of getting out of control. Golden Finance: The capabilities of AI are terrifying enough now; it's time to speed up security.

Due to abnormal prices on the wstETH oracle, AAVE users suffered $21 million in erroneous liquidations. The AAVE protocol itself did not generate any bad debts, but a large number of users with healthy positions were unfairly liquidated.

From an industry perspective, AI can be broken down into a five-layer technology stack: energy → chips → infrastructure → models → applications.