Day: July 21, 2021

Tesla plans

Tesla Superchargers Getting Opened for Other Cars

Replying to a Tesla fan on Twitter, where Musk holds a following of 58.3 million, the CEO specifically addressed that they’re making their Supercharger system permitted to other electric vehicles later this year. Musk did not state where in the world Tesla would make its D.C. fast-charging stations ready for use with other electric vehicles. …

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Ore Miners

Train Driver Shortage in Australian Iron Ore Miners

The push issues from a worsening skills deficit in Australia’s West increased by strict COVID-19 constraints, which unions say have increased mental health hazards for workers and their families. Train driver Paul Bloxsom, who will depart Rio next month, stated Western Australian border forces to keep out coronavirus, including a 14-day quarantine, suggested he had …

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Asian Stocks

Stocks Regain Momentum due to Positive Earnings

Positive U.S. companies’ earnings reports have eased concerns about the global economic recovery from the pandemic, leading Asian stocks to move upward  on early Thursday.    Australia’s ASX 200 climbed 0.93%, while South Korea’s KOSPI rose 0.97% by 10:23 PM ET (2:23 AM GMT). Hong Kong’s Hang Seng Index added 1.74%, while China’s Shanghai Composite and …

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Chinese Yuan

Central Banks to Speed Up Rise of the Chinese Yuan

A London-based annual survey on Wednesday showed that more central banks plan to increase their yuan holdings over the next 12-24 months. From last year’s 10%, the closely-watched survey showed that 30% of central banks intend to add the currency to their reserve assets.  Although there are existing differences between the Western governments and China, …

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