Level

Philip R. Lane: The banking channel of monetary policy

Retrieved on: 
Friday, February 16, 2024

for rates, credit growth in deviation from the start of the cycle (t) in p.p.

Key Points: 
    • for rates, credit growth in deviation from the start of the cycle (t) in p.p.
    • Starting months correspond to the month immediately preceding the first hike or explicit announcement of the hike of the cycle.
    • The dotted lines shows counterfactuals for lending rates and lending volumes, taking December 2021 as the last observation and
      projecting volumes conditional on the path of monetary policy rates.
    • The one for lending volumes is based on the BVAR model in Altavilla,
      Giannone, and Lenza (2016).
    • Composite funding costs are a weighted average of deposit rates
      and average monthly bond yields, with outstanding amounts as weights.
    • Right chart shows
      the contributions of the components to the change in the composite bank funding cost
      between December 2021 and November 2023.
    • Latest observations: 8 February 2024 for bond yields; December 2023 for other series.
    • Notes: ?Others? include shares (listed and not listed as well as those issued by investment
      funds), and insurance and pension schemes.
    • Retail

      Specialised

      Universal

      10

      10

      8

      8

      6

      6

      4

      4

      2

      2

      0

      0

      -2

      -2

      -4
      Jan-20 Aug-20 Mar-21 Oct-21 May-22 Dec-22 Jul-23

      -4

      Sources: ECB (iBSI, iMIR) MPC Task Force on Banking Analysis and ECB calculations.

    • Investment refers to the net
      change in property plant and equipment over assets; cash refers to cash and cash
      equivalents over assets.
    • Households
      loans, credit standards and loan demand
      Rubric
      Changes in credit standards for
      loans to households, and
      contributing factors
      (net percentage)

      0

      30

      -40

      20

      Sources: ECB (BSI) and ECB calculations.

    • Low-income households are those in the bottom 20 per cent
      of the income distribution; high-income households are those in the top 20 per cent.

Lomiko announces collaboration with Femina Collective and upcoming PDAC events

Retrieved on: 
Thursday, February 15, 2024

Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce the start of a collaboration with Femina Collective (“Femina”) to build on and provide momentum for a more strategic approach to responsible critical minerals development and energy security in North America.

Key Points: 
  • Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce the start of a collaboration with Femina Collective (“Femina”) to build on and provide momentum for a more strategic approach to responsible critical minerals development and energy security in North America.
  • The collaboration can also mitigate the wave of retiring miners in the next years by working with young people and leaders in the industry.
  • Femina was founded by Beth Borody, a social enterprise that represents women in mining and related sectors through mentorship, networking, and advocacy.
  • Belinda Labatte, CEO and Interim Chair of the Board, stated: “The Lomiko team is delighted to collaborate with Femina at this pivotal time.

GMG's Graphene Aluminium-Ion Battery Update: Minimal Temperature Rise Identified While Fast Charging

Retrieved on: 
Wednesday, February 14, 2024

The Company is pleased to announce that it has identified minimal temperature rise when charging and discharging GMG's Graphene Aluminium-Ion Battery.

Key Points: 
  • The Company is pleased to announce that it has identified minimal temperature rise when charging and discharging GMG's Graphene Aluminium-Ion Battery.
  • By comparison, GMG's Graphene Aluminium-Ion Battery temperature is 29 degrees Celsius when it is discharged at even higher current density (20 C-rate - approximately 2.0 A/g on the cathode active mass).
  • The battery technology readiness level ("BTRL") of the Graphene Aluminium-Ion technology remains at Level 4 (see Figure 4).
  • Figure 4: Graphene Aluminium Ion Battery Comparative Performance Data (for coin cells)To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/197885_6af50fb874a9984b_006fu...

Stride Tutoring Named Qualified Vendor for Michigan's $150M Tutoring Initiative

Retrieved on: 
Wednesday, February 7, 2024

Stride Tutoring is proud to announce that it has been named as a qualified, pre-approved vendor for the Michigan Association of Intermediate School Advisors (MAISA).

Key Points: 
  • Stride Tutoring is proud to announce that it has been named as a qualified, pre-approved vendor for the Michigan Association of Intermediate School Advisors (MAISA).
  • "We are honored to be named as a qualified vendor for Michigan school districts to continue to meet the needs of their students," said Jennifer Moore, General Manager at Stride Tutoring.
  • "At Stride Tutoring, we understand the impact of personalized and targeted instruction to help students regain their academic footing.
  • A portfolio brand of Stride, Inc. (NYSE: LRN), Stride Tutoring offers online tutoring support to school districts and directly to consumers.

GMG's Graphene Aluminium-Ion Battery: 1000 mAh Capacity Reached and Next Steps Toward Commercialisation

Retrieved on: 
Tuesday, February 6, 2024

Notably, this update includes information about GMG's G+AI Battery regarding:

Key Points: 
  • Notably, this update includes information about GMG's G+AI Battery regarding:
    The Company is pleased to announce it has now produced multiple battery pouch cells with over 1000 mAh (1 Ah) capacity, as seen in Figure 1.
  • In a recent build to confirm repeatability, the Company's development team has built and confirmed multiple cells, all testing greater than 1Ah (1000mAh).
  • To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/196983_dda901c7a4d06811_001fu...
    Please see charging and discharging curve typical of the GMG's Graphene Aluminium-Ion Battery 1000 mAh cell in Figure 2 showing a nominal voltage of 1.7 volts.
  • Oct 2022 - Significant battery performance, cell and graphene production improvements
    Feb 2023 - Australian Government Approval (AICIS) for production and sale of batteries.

Seoul Robotics to Pursue Initial Public Offering with Samsung Securities as it Expands OEM Partnerships, Presence in Global Automotive Logistics Market

Retrieved on: 
Tuesday, February 6, 2024

SEOUL, South Korea, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Seoul Robotics , a leader in commercial autonomous driving solutions, today announced it will pursue an initial public offering (IPO) and has selected Samsung Securities as the lead manager for its listing on the KOSDAQ in 2025.

Key Points: 
  • SEOUL, South Korea, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Seoul Robotics , a leader in commercial autonomous driving solutions, today announced it will pursue an initial public offering (IPO) and has selected Samsung Securities as the lead manager for its listing on the KOSDAQ in 2025.
  • The announcement comes on the heels of the company securing new partnerships with two of the top global automotive OEMs.
  • Seoul Robotics provides first- and last-mile autonomous driving solutions that bring level-5 autonomy to controlled environments, such as vehicle production plants.
  • “Seoul Robotics’ technology has transformed first and last mile logistics, unlocking new efficiencies and solving pain points for OEMs,” said HanBin Lee, CEO of Seoul Robotics.

Energem Corp and Graphjet Technology Sdn. Bhd. Announce Effectiveness of Registration Statement and Date of Energem Corp’s Shareholder Meeting to Approve Proposed Business Combination

Retrieved on: 
Monday, February 5, 2024

Kuala Lumpur, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Graphjet Technology Sdn. Bhd., a Malaysian private limited company (“Graphjet”) and Energem Corp (“Energem”) (Nasdaq: ENCP, ENCPW), a publicly-traded special purpose acquisition company, today announced that the Securities and Exchange Commission ("SEC") has declared effective the registration Statement on Form S-4 ("Registration Statement") in connection with Graphjet and Energem’s previously announced proposed business combination (the “Business Combination”). The Registration Statement provides important information about Graphjet, Energem and the Business Combination.

Key Points: 
  • Bhd., a Malaysian private limited company (“Graphjet”) and Energem Corp (“Energem”) (Nasdaq: ENCP, ENCPW), a publicly-traded special purpose acquisition company, today announced that the Securities and Exchange Commission ("SEC") has declared effective the registration Statement on Form S-4 ("Registration Statement") in connection with Graphjet and Energem’s previously announced proposed business combination (the “Business Combination”).
  • The Registration Statement provides important information about Graphjet, Energem and the Business Combination.
  • Energem also announced that it will hold an extraordinary general meeting of its shareholders at the office of Energem at Level 3, Tower 11, Avenue 5, No.
  • The Business Combination is expected to close shortly after the extraordinary general meeting of the shareholders of Energem and Graphjet, subject to the approval of the shareholders of each of Energem and Graphjet at those meetings.

MOXY & AC HOTEL DOWNTOWN LOS ANGELES WINS ALIS DEVELOPMENT OF THE YEAR AWARD 2023

Retrieved on: 
Thursday, February 1, 2024

LOS ANGELES, Feb. 1, 2024 /PRNewswire/ -- Moxy & AC Hotel Downtown LA is thrilled to announce it has been named the ALIS Development of the Year 2023 in the Select/Limited Service category. News of the announcement was shared at the Americas Lodging Investment Summit (ALIS) conference at L.A Live on Tuesday, January 23rd.

Key Points: 
  • The ALIS Development of the Year Award is a distinguished category, where ALIS acknowledges outstanding projects for their significant contributions to the hotel industry.
  • Moxy & AC Hotel Downtown LA's ownership and developer, Lightstone, celebrates its second victory, building on the excitement from its 2017 win for Development of the Year in the Select/Limited Service hotel category with Moxy Times Square.
  • The Development of the Year Award is designed to honor newly built, redeveloped, or repositioned hotels in the Americas region.
  • "We're thrilled to receive the ALIS Development of the Year Award for Moxy & AC Hotel Downtown Los Angeles.

Kingdom of ANTs Will Launch Solana-Powered Platform, Making DeFi Easy and Fun for All

Retrieved on: 
Tuesday, January 23, 2024

Saint Vincent and the Grenadines, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Kingdom of ANTs (KOA) aims to revolutionize the DeFi space in 2024.

Key Points: 
  • Saint Vincent and the Grenadines, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Kingdom of ANTs (KOA) aims to revolutionize the DeFi space in 2024.
  • With a gamified platform and a sustainable, long-term APY, they aim to make DeFi accessible, fun, and rewarding.
  • The project will also launch a collection of 10,000 NFTs that will enhance the user experience.
  • Thanks to Solana's advantage, KOA aims to revolutionize DeFi, making it accessible and fun for all.

Lomiko Announces Amendment to the Bourier Lithium Project and Upcoming Investor Events

Retrieved on: 
Thursday, January 25, 2024

The Bourier project site is located near Nemaska Lithium and Critical Elements south-east of the Eeyou Istchee James Bay territory in Quebec, which consists of 203 claims for a total ground position of 10,252.20 hectares (102.52 km2).

Key Points: 
  • The Bourier project site is located near Nemaska Lithium and Critical Elements south-east of the Eeyou Istchee James Bay territory in Quebec, which consists of 203 claims for a total ground position of 10,252.20 hectares (102.52 km2).
  • Belinda Labatte, CEO and Interim Chair of the Board, will present live at the Battery and Precious Metals Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on February 1st, 2024 at 11am.
  • Interested investors can meet with management February 1, 2, 5 and 6.
  • This will be a live, interactive online event and it is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.