Bitcoin hits fresh record amid investor optimism

Bitcoin hits fresh record amid investor optimism

Bitcoin hit a record high on Thursday as increasing expectations for easier monetary policy from the US Federal Reserve added to tailwinds from recently announced financial reforms. The world’s largest crypto-asset by market capitalisation climbed as much as 0.9% to US$124 002.49 in early Asia trading, surpassing its previous peak hit in July. On the day,…

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2024 hack aftermath hits national lab’s annual targets

2024 hack aftermath hits national lab’s annual targets

The National Health Laboratory Service’s outdated IT infrastructure led to the 2024 cyber attack. The National Health Laboratory Service (NHLS) is still feeling the effects of the June 2024 cyber attack that rendered its ICT systems and infrastructure inaccessible, internally and externally. As a result, the national government institution did not meet 25% of its…

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India consumer inflation slows for ninth straight month — hits lowest since 2017

India consumer inflation slows for ninth straight month — hits lowest since 2017

Shoppers purchase groceries at the upscale LuLu Hypermarket located in the Lulu International Shopping Mall in Kerala, India, on May 25, 2022. Nurphoto | Nurphoto | Getty Images India’s consumer inflation continued to ease in July, dropping for a ninth straight month to 1.55%, below analysts’ estimates, government data showed Tuesday. The headline inflation rate…

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Apparent Israeli raid hits Catholic Church in Gaza, reportedly killing at least 2 people and wounding priest

Apparent Israeli raid hits Catholic Church in Gaza, reportedly killing at least 2 people and wounding priest

The Latin Patriarchate of Jerusalem, which oversees the Catholic Church of the Holy Family in Gaza City, said Thursday that several people were injured in “a raid” on the church, including the Parish Priest, Father Gabriel Romanelli. The patriarchate later said two people were killed in the incident. “With deep sorrow the Latin Patriarchate can…

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Nvidia hits  trillion milestone in world first

Nvidia hits $4 trillion milestone in world first

Nvidia headquarters, Santa Clara, California. Nvidia has reached the $4 trillion market capitalisation milestone, becoming the first company in the world to do so, as it outpaces the rest of the “Magnificent Seven” technology companies. The rise in the chipmaker’s share price – from $10 five years ago to more than $162 now – makes…

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