New nuclear projects face massive cost overruns (£18B to £49B) & long delays, missing market needs.
Australia will abolish junior pay rates for 18–20-year-olds across retail, fast food and pharmacy sectors, with changes phased in from December, lifting wages for around 500,000 workers and raising labour costs over time.
PBOC is expected to set the USD/CNY reference rate at 6.9209 – Reuters estimate
WTI jumps 3.7% to $106.70 amid Iran tanker attacks & US threats. Buffers fading, $100 crude signals disruption.
KuCoin settles US charges for $500K, faces ban on US users. $110M in fees generated.
HCAT jumps 9.1% on de-escalation news, but remains volatile & down 48.5% YTD.
AI stocks like MSFT, NVDA, and PLTR are down 20-28% on high valuations, but real cash flows suggest a reset, not a crash.
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