Latest news with #geopolitical
News.com.au
16 hours ago
- Business
- News.com.au
Trump's tariffs are the ‘biggest concern' for Australian businesses
Principal at Economics Unchained Stephen Halmarick says US President Donald Trump's tariffs have overtaken inflation as the biggest worry for Australian businesses. 'Interestingly, over the last year or so, inflation was by far the biggest worry for businesses in Australia,' Mr Halmarick told Sky News Australia. 'Now that's come down and in fact been overtaken by global geopolitical worries as the biggest concern for Australian businesses – and I think we all know the reasons for that.'
Bloomberg
2 days ago
- Business
- Bloomberg
Stock Movers: Babcock, WIG20 Index, LVMH
On this episode of Stock Movers: - European defense stocks are outperforming this morning as the UK plans to spend £1.5 billion to build six munitions factories, expand its fleet of attack submarines and invest in its nuclear deterrent. - Global stocks started the new month under pressure as a flare-up in global trade tensions and geopolitical uncertainty dampened investors' appetite for risk. - Warsaw WIG20 index drops as much as 3.4% in early trading after the nationalist opposition candidate wins Poland's presidential election; results are seen as a blow for pro-EU cabinet and its delayed reforms agenda as well as a test for this year's rally on local assets.
Yahoo
3 days ago
- Business
- Yahoo
Crypto's Most Watched Whale Gets Fully Liquidated After Placing Billions in Risky Bets
James Wynn, the trader whose risky moves on Hyperliquid captivated crypto watchers this month, has been fully liquidated. He ended a volatile month with just $23 left in his account, according to HyperDash data. Wynn built his reputation and following by placing massive, leveraged on-chain trades across bitcoin BTC, PEPE PEPE, and other tokens. His downfall began with a $1.25 billion long position on BTC that unraveled as prices dropped below $105,000 amid growing geopolitical uncertainty. That trade alone cost him more than $37 million after fees. The trader briefly pivoted to memecoins like PEPE, where one long position initially gained over 10%, before market swings liquidated him again. Over the course of the month, Wynn cycled through assets including ETH, SUI, TRUMP, and even FARTCOIN. His trades at one point saw him achieve an unrealized gain of $85 million. An account associated with Wynn on X commented on the liquidation and dismissed the losses. 'I'll run it back, I always do. And I'll enjoy doing it. I like playing the game,' the account wrote on X. 'I took a large and calculated bet at making billions.'
Forbes
5 days ago
- Entertainment
- Forbes
NYT ‘Connections' Hints For Friday, May 30: Clues And Answers For Today's Game
Find the links between the words to win today's game of Connections. Each day's game of NYT Connections goes live at midnight local time. As such, 'today's Connections hints and answers' depend on where you are in the world. In case you need them, here are the Connections hints and answers for Thursday: Hey there, Connectors! The weekend is almost upon us, which is cause for celebration or relief for many. Maybe a little less so for those who work weekends (I see you out there). I am not a parent, but my partner is and she has primary responsibility for her little one. We have plans to move in together when the three of us are ready for that step, but in the meantime I think it's important for me and her almost-five-year-old to spend more time together and get to know each other more. Her dad's still very much in the picture (he and I get along well), but if me, my partner and her daughter do live together, I'll be helping to raise the kiddo to a certain extent. That's something I've been thinking about a lot lately. I want, first and foremost, to make sure I'm playing a supporting role there, helping to raise the little troublemaker in line with her parents' wishes. But there's a lot I can help her discover. I mean, she's probably a little young to grasp the concept and power of compound interest or understand the reasons for geopolitical tensions between so many countries. That'll come in time. But I'm looking forward to opening her mind to more art and books and music and films and games and science and so much of the other cool stuff that the world has to offer. FEATURED | Frase ByForbes™ Unscramble The Anagram To Reveal The Phrase Pinpoint By Linkedin Guess The Category Queens By Linkedin Crown Each Region Crossclimb By Linkedin Unlock A Trivia Ladder Before we begin, we have a great little community on Discord, where we chat about NYT Connections, the rest of the NYT games and all kinds of other stuff. Everyone who has joined has been lovely. It's a fun hangout spot, and you're more than welcome to hang out with us. Discord is also the best way to give me any feedback about the column, especially on the rare (or not-so-rare) occasions that I mess something up. I don't look at the comments or Twitter much. You can also read my weekend editions of this column at my new newsletter, Pastimes. Today's NYT Connections hints and answers for Friday, May 30 are coming right up. Connections is a free, popular New York Times daily word game. You get a new puzzle at midnight every day. You can play on the NYT's website or Games app. You're presented with a grid of 16 words. Your task is to arrange them into four groups of four by figuring out the links between them. The groups could be things like items you can click, names for research study participants or words preceded by a body part. There's only one solution for each puzzle, and you'll need to be careful when it comes to words that might fit into more than one category. You can shuffle the words to perhaps help you see links between them. Each group is color coded. The yellow group is usually the easiest to figure out, blue and green fall in the middle, and the purple group is usually the most difficult one. The purple group often involves wordplay. Select four words you think go together and press Submit. If you make a guess and you're incorrect, you'll lose a life. If you're close to having a correct group, you might see a message telling you that you're one word away from getting it right, but you'll still need to figure out which one to swap. If you make four mistakes, it's game over. Let's make sure that doesn't happen with the help of some hints, and, if you're really struggling, today's Connections answers. As with Wordle and other similar games, it's easy to share results with your friends on social media and group chats. If you have an NYT All Access or Games subscription, you can access the publication's Connections archive. This includes every previous game of Connections, so you can go back and play any of those that you have missed. Aside from the first 60 games or so, you should be able to find my hints via Google if you need them! Just click here and add the date of the game for which you need clues or the answers to the search query. Scroll slowly! Just after the hints for each of today's Connections groups, I'll reveal what the groups are without immediately telling you which words go into them. Today's 16 words are... And the hints for today's Connections groups are: Need some extra help? Be warned: we're starting to get into spoiler territory. Today's Connections groups are... Spoiler alert! Don't scroll any further down the page until you're ready to find out today's Connections answers. This is your final warning! Today's Connections answers are... That's a 94rd win in a row. And hey, I got the reverse rainbow! Here's how I fared: 🟪🟪🟪🟪 🟦🟦🟦🟦 🟩🟩🟩🟩 🟨🟨🟨🟨 This was the second day in a row where I found everything pretty straightforward. RADIO and SHAKE were my entry points for the purples. Caddyshack is a famous comedy film from the '80s, while 'Love Shack' is a fantastic song from the same decade by The B-52's. RadioShack is an electronics retail chain in the U.S. and Shake Shack is a fast casual restaurant chain that serves tasty food. WATER BOTTLE made the blues pretty clear to me after that. At that point, the yellows seemed obvious, but I slid through the greens first (but not before figuring out the link between them). That's all there is to it for today's Connections clues and answers. I'll be back with you all here on Monday. In the meantime, you can check out my weekend editions of this column in my newsletter, Pastimes. P.S. If not for our ska punk theme week, today's song would have obviously been "Love Shack." But I have to stick to my plan here. One of the first ska punk songs that really landed for me was "All My Best Friends Are Metalheads" by Less Than Jake. I saw the band at a festival when I was a teenager and had a great time. I recently found a video on YouTube of a different performance from that festival that shows me fairly clearly right at the barrier (and no, I won't tell you where to find it). Zero chance you'll find me at that place at a big show these days. I'm quite content to enjoy the show from afar: Have a great day! Stay hydrated! Call someone you love! Please follow my blog for more coverage of NYT Connections and other word games, and even some video game news, insights and analysis. It helps me out a lot! Sharing this column with other people who play Connections would be appreciated too. You can also read my weekend editions of this column at my newsletter, Pastimes.
Finextra
6 days ago
- Business
- Finextra
Fenergo launches FinCrime operating system with agentic AI layer
Fenergo has today launched its FinCrime Operating System (OS), an evolution of its existing solutions to become the single unifying platform across the Client Lifecycle. 0 It leverages trusted Agentic AI to empower financial institutions to overcome spiraling operational costs and rising compliance demands enhanced by geopolitical tension and regulatory flux. Fenergo FinCrime OS, powered by an Agentic AI layer, unifies all client lifecycle events -onboarding, KYC, screening, identity and verification (ID&V) and transaction monitoring - on a single platform. The initial six autonomous AI agents execute tasks quickly, accurately, and with full auditability. These agents enable firms to automate tasks, gain real-time insights, and maintain full control and governance. Fenergo's FinCrime OS enhances client experiences with a seamless, digital-first approach to onboarding and KYC reviews, and smooth transaction monitoring alert workflows, while reducing operational costs by automating tasks, saving up to 93%. The FinCrime OS' Command Center strengthens risk mitigation through AI-driven insights, enabling better policy operationalization and minimizing regulatory risks. Built in line with global AI acts and regulatory guidelines, Fenergo's Agentic AI ensures sound governance with transparent actions, fostering trust and control. Unprecedented periodic review efficiencies Fenergo's initial six AI agents streamline periodic KYC reviews by autonomously handling tasks like data reconciliation, document classification, and risk screening. This reduces manual effort and backlog, enabling proactive, intelligent workflows and allowing compliance teams to focus on high-risk exceptions. Reducing periodic review timeframes by up to *45%, FinCrime OS not only ensures regulatory adherence but also drives operational efficiency and improved client experiences.* *Estimation of time saved on a straight-through processed (STP) periodic review for a low-risk client. The Six AI Agents available today include: 1. Data Sourcing Agent - Sources data from one or more third-party data provider, compares against entity data and auto-completes tasks 2. Screening Agent - Runs screening checks against third-party integrations, auto-resolves hits and returns results to providers 3. Document Agent - Extracts, classifies and links documents using AI to automate document-management processes 4. Significance Agent - Performs a check against data changes to determine significance to define next action 5. Autocompletion Agent - Automates the completion of tasks based on pre-defined rules, policy and configured guardrails 6. Insights Agent - Fenergo's co-pilot, allowing users to interact with all operational, policy and entity data through natural language and harness real-time insights on process efficiency, operations and risk. Command Center bolsters governance and streamlines KYC reviews Built into the FinCrime OS, the Command Center is a role-based daily landing page. It delivers personalized, real-time dashboards and data analytics, allowing users to observe all agent activity and maintain complete governance and control over entity data in line with global AI regulations. The Command Center also interacts with Fenergo's co-pilot for delivering insights and task and journey progress tracking. Marc Murphy, CEO, Fenergo, commented: 'Across the financial services industry compliance has become increasingly complex, costly and unsustainable. Fenergo's vision is to drive unprecedented change by transforming compliance from a reactive cost-center into a strategic competitive advantage. By re-imagining client lifecycle management through the lens of financial crime operations with intelligence and automation at its core, Fenergo's FinCrime OS will ultimately empower financial institutions to handle more clients, with fewer errors while streamlining operations. Compliance as a strategic engine for growth is our north star and FinCrime OS is a leap forward in realizing that vision.' Keith Redmond, Chief Product Officer at Fenergo, said: 'Our mission is to evolve Fenergo's CLM solution into an active, intelligent solution that empowers users to focus on the most critical business tasks. This is where agentic AI will be a game changer, allowing for faster onboarding, fewer manual errors and lower compliance risks. We are thrilled to be leading innovation through our FinCrime OS.' *estimation of time saved on a straight-through processed (STP) periodic review for a low-risk client.
