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SINGLES ECONOMY
'Loneliness' in China is now a $1 trillion 'singles economy' in the world's second most populous country with 1.4 billion peopleChina’s growing number of people living alone is driving a $1 trillion singles economy, with businesses offering products and services tail...- The rise of the wedding entrepreneur: How India’s celebrations are creating new creative businessesIndia's wedding industry is undergoing a remarkable transformation, evolving into a diverse and complex sector that goes beyond traditional...
- Quote of the day by Edward Thorp: "I think that we only get estimates of the distributions and that we can only be somewhat sure of the estimates. That makes the problems in the financial world much more difficult, I think, because you have these uncertainties in the distributions."Edward Thorp emphasizes that financial markets rely on uncertain probability estimates rather than certainties. Since models struggle with ...
- Google CEO Sundar Pichai outlines tech giant's AI efforts across health, weather and learningAmid the ongoing debate over slowing the pace of artificial intelligence development, Google CEO Sundar Pichai has highlighted the tech gia...
- In 2018, Melbourne put 200,000 plastic bags, 63,000 glass bottles and 4,500 used printer cartridges into a road; 250 tonnes of recycled asphalt showed 60% better fatigue resistanceIn 2018, Melbourne tested a road with an unusual ingredient list: 200,000 plastic bags, 63,000 glass bottles and 4,500 used printer cartrid...
- MIT researchers are giving millions of plastic bottles a new life by turning plastic waste into homes, decks and bridges using AI robotsIn a significant development, the Atlas Building Composites, a spinout of Massachusetts Institute of Technology are turning millions of pla...
- Why does the US bond selloff matter for global markets?
- In 2018, Victoria put the equivalent of 40 million discarded bottles into a freeway; 8,000 tonnes of crushed glass went into one widening projectScience news: 8,000 tonnes of recycled glass used in the 2018 Tullamarine Freeway widening project is a powerful example of how recycling c...
- Why housing is becoming a major political headache for South Korea's Lee Jae-myungPresident Lee Jae-myung's approval rating has reached a new low point. Housing policy and recent cabinet appointments are driving public di...
- Making a dollar detour: Why BRICS isn’t breaking up with the dollarThe latest BRICS declaration emphasizes interoperable payment systems and local currency settlement. It explicitly avoids proposing a commo...
- CM Vijay's UK visit brings Rs 12,300 crore investment commitments; 9,400 jobs to Tamil NaduTamil Nadu's Chief Minister C Joseph Vijay secured significant investments during his UK visit. Multiple MoUs totaling approximately Rs 12,...
- Global Market: Yen speculators turn net long for first time since FebruarySpeculators turned bullish on the yen for the first time since February as expectations of faster Bank of Japan rate hikes intensified. Fut...
- BRICS backs diversified energy mix, says fossil fuels remain important for EMDEsBRICS nations advocate for stronger energy security through diverse sources and stable markets. They acknowledge fossil fuels' continued im...
- De-dollarisation and its impact on commodities and global tradeFor decades, the US dollar has dominated global trade and commodity markets. Most commodities, including crude oil, natural gas, gold, indu...
- Trump’s ‘Golden Age’ confronts economic angst that threatens GOPRepublican leaders express confidence in the economy's performance. However, voter polls reveal significant anxiety about current economic ...
- In 2022, Wales mixed fibres from 4.3 tonnes of used nappies into a highway; the waste replaced asphalt material imported from EuropeWales recently resurfaced part of the A487 highway using fibers from 4.3 tonnes of recycled diapers. Sanitized diaper waste was processed i...
- GST turbocharges truck demand as CV makers double sales growth targetsCommercial vehicle sales growth projections have been sharply revised upwards by manufacturers. Demand in the first five months far outstri...
- BIS chief Pablo Hernández de Cos warns of a second-round inflation threat from energy pricesCentral banks must monitor energy price impacts and potential second-round inflation effects. Global regulatory coordination is crucial for...
- India's commercial vehicle sales surge, manufacturers double growth projections to 10-15% this fiscalCommercial vehicle sales growth projections have been sharply revised upwards by manufacturers. Demand in the first five months far outstri...
- 0.05°C: India’s global warming share trails US & China, but the heat is onIndia's contribution to global warming is less than major emitters like the US and China. Research shows India's warming contribution has s...
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