Share to Twitter Share to Linkedin It’s a little premature to get nostalgic for V-8 engines, but like it or not, the sun is setting on V-8s, and gasoline engines in general. Automakers are already shifting their development dollars into switching to electric vehicles , within a surprisingly short time frame — even venerable, wood-and-leather brands like Jaguar and Land Rover . Jaguar has already announced its intention to go all-electric by 2025. Land Rover says it expects to launch its first all-electric vehicle in 2024, with more to come. With the agenda so fixed on electric vehicles , the question becomes, “Are customers still interested in V-8s?” said Simon Turner, Land Rover product manager for Jaguar Land Rover North America, in a recent presentation at company headquarters in Mahwah, N.J. “You bet,” he said. “They are.” V-8s remain a key part of the business for both brands. Jaguar offers V-8s on the Jaguar F-Type sports car and … [Read more...] about In The Electric Vehicle Age, Do People Still Want V-8s? ‘You Bet,’ Says Jaguar Land Rover
Range rover evoque 2 litre diesel
The Most Hotly Desired Element In Luxury Second Homes
Share to Twitter Share to Linkedin Second homes are the stuff of fantasy. Not a necessity, like primary residences, they are often expressions of the ways homeowners love to spend leisure time, whether at a pied-a-terre close to the theater, opera, museums and other urban attractions, a house along an isolated stretch of beach, an island getaway, a luxurious apartment on a golf course or a multi-generational gathering place near the ski lifts. Whichever vacation home a family chooses tells a lot about what they cherish in their spare time. Since we have been isolated and confined by a troublesome new pandemic, an undeniable trend has risen to the top of real estate wish lists: we crave nature. If we live in cities, we try to find places where we can walk, breathe fresh air, keep a garden and maybe even observe wildlife. If we can, we buy a second home that offers all of these, with space to gather during school vacations. Most desirable are second homes … [Read more...] about The Most Hotly Desired Element In Luxury Second Homes
Bursa ends broadly higher
- A + A KUALA LUMPUR (June 27): Bursa Malaysia closed broadly higher on Monday (June 27) on persistent buying interest mainly in technology and energy stocks, said an analyst. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.42 points to 1,438.12 from Friday's close of 1,436.7. The benchmark index, which opened 2.12 points higher at 1,438.82, fluctuated between 1,431.65 and 1,441.03 throughout the trading session. On the broader market, gainers beat losers 546 to 365, while 393 counters were unchanged, 1,004 untraded, and 55 others suspended. Total turnover expanded to 2.65 billion units worth RM1.43 billion from 2.46 billion units worth RM1.47 billion on Friday. Key regional markets also continued to trend higher following positive cues on Wall Street including the upbeat performance of the tech-heavy Nasdaq Composite last Friday. Rakuten Trade Sdn Bhd vice president of equity research Thong Pak Leng said the FBM KLCI, which ended 0.1% … [Read more...] about Bursa ends broadly higher
Thai central bank says policy tightening will not disrupt economy recovery
- A + A BANGKOK (June 27): A tightening of Thai monetary policy will be conducted so it does not disrupt the recovery of Southeast Asia's second-largest economy, central bank officials said on Monday, reinforcing market expectations of interest rate hikes later this year. Thailand's economy will continue growing this year and next, driven by domestic demand and tourism, and could beat forecasts despite a risk that inflation will be higher than expected, Bank of Thailand (BOT) officials told an analysts' meeting. The BOT will try to prevent the economy from overheating, which would cause demand-driven inflation, by gradually shifting from the current very accommodative policy, assistant governor Piti Disyatat told the meeting. The BOT's task was to help the economy take off smoothly, he said. "It's a challenge for monetary policy to release the accelerator pedal appropriately and timely so that the recovery has good momentum," Piti said, referring to the current … [Read more...] about Thai central bank says policy tightening will not disrupt economy recovery
Govt continues giving subsidies to stabilise prices, avoid high inflation
- A + A PUTRAJAYA (June 27): The government is willing to bear the projected huge subsidy totalling RM77.3 billion for this year towards stabilising the prices of goods and avoiding high inflation rates of up to 11.4%, says Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed. He said the government had a choice of removing subsidies and strengthening the country’s finances to a better level, but it chose to bear the subsidies instead for the welfare and well-being of the people. Mustapa said the announcement on June 24 by Prime Minister Datuk Seri Ismail Sabri Yaakob of no increase in the water and electricity tariffs, and the chicken price not being floated showed the government’s caring side and commitment to maintaining the subsidies. Referring to the projected consumer subsidy expenditure amounting to RM77.3 billion for 2022, he said RM51 billion of it made up the biggest component of fuel, cooking oil, electricity, water, chicken … [Read more...] about Govt continues giving subsidies to stabilise prices, avoid high inflation
The State Of The Nation: What the Fed’s 75bps hike and near 4% terminal rate mean for the OPR
This article first appeared in The Edge Malaysia Weekly, on June 20, 2022 - June 26, 2022. - A + A IF Bank Negara Malaysia’s eight-member monetary policy committee (MPC) raises the overnight policy rate (OPR) by 25 basis points (bps) at its next scheduled meeting on July 6, it will mark its first back-to-back increase since mid-2010, when interest rates were normalised following the recovery from the 2008 global financial crisis. It will not be the first central bank to do so. Compared with just a month ago, more economists now (at the time of writing) reckon that a 25bps hike will happen in July, but many still think a pause is possible in July ahead of the Hari Raya Aidiladha celebrations. In any case, at least one more rate increase (if not two) is expected to take place by the conclusion of the Sept 8 meeting to bring the OPR to at least 2.25% (if not 2.5%), consensus data show. “Our house has also shifted expectations for Bank Negara to frontload … [Read more...] about The State Of The Nation: What the Fed’s 75bps hike and near 4% terminal rate mean for the OPR
Malaysia’s palm oil millers halt production as CPO prices plummet
- A + A KUALA LUMPUR (June 27): Some palm oil millers in Malaysia, the world's second largest producer, have temporarily halted production following a dramatic plunge in prices of the edible oil, a senior official from a miller's association said on Monday. Malaysian crude palm oil (CPO) prices have seen their biggest one-month decline in more than 13 years in June, tumbling 22% from a high of RM6,632 (US$1,506.25) a tonne to RM4,922 (US$1,117.42) on Monday, erasing most of this year's gains. Malaysian millers purchase palm fruit bunches based on the monthly average CPO price — currently about RM6,200 (US$1,408.13) — but sell the extracted oil based on the daily market price. "No mills can afford to buy fresh fruit bunches at these prices," Steven Yeow, northern president of the Malaysian Palm Oil Millers Association (POMA) told Reuters . Malaysia's benchmark CPO futures had rallied to records this year due to a global edible oil supply squeeze caused by a … [Read more...] about Malaysia’s palm oil millers halt production as CPO prices plummet
G7 leaders work to ‘starve’ Russia of oil money as Zelensky says he wants the war over by the end of the year
Telfs-Buchen, Austria (CNN) Ukrainian President Volodymyr Zelensky told G7 leaders during a virtual meeting Monday that he wants the war in Ukraine to end by the end of 2022, according to a source familiar with his remarks , as leaders worked to starve Russia of its oil revenues and mitigate the economic fallout of the conflict. The dual missions -- sustain support for Ukraine while easing economic pressures at home -- have defined this year's summit of leading democracies, held high in the Bavarian Alps. While largely united, the leaders are all facing their own political imperatives to see a momentum shift in the fighting and bring an end to the conflict quickly. To that end, leaders were nearing an agreement to try capping the price of Russian oil, depriving the country of revenues that have soared amid the global spike in energy prices. Details were still being ironed out, including whether the top buyers of Russian oil would agree to the limits, but US officials … [Read more...] about G7 leaders work to ‘starve’ Russia of oil money as Zelensky says he wants the war over by the end of the year
This Open Source DIY Synthesizer Makes Music Hacking Dead Simple
For music geeks, building a synthesizer has always been a way to experiment with sound, far beyond what commercial synths will allow. But for those who have never picked up a soldering iron, it can be intimidating. Last week, open-source hardware startup littleBits unveiled its answer: SynthKit, a modular synthesizer kit that lets anybody–from hardcore hobbyists to toddlers–snap together their own miniature playable synths. advertisement advertisement The littleBits Synth Kit , a collaboration with Japanese synthesizer company Korg, comes with 12 color-coded modules that each contain a standard synthesizer component: oscillators, a sequencer, a delay knob, a speaker, even a tiny keyboard. These pieces can be snapped together in any combination, making for an open-source, DIY analog synthesizer with hundreds of thousands of possible arrangements. At last Thursday’s launch event in New York City’s East Village, these little interchangeable widgets were … [Read more...] about This Open Source DIY Synthesizer Makes Music Hacking Dead Simple
With BitLab, LittleBits Wants To Become The App Store For Hardware
Getting one step closer to its mission to “put the power of electronics in the hands of everyone,” LittleBits Tuesday opened up bitLab , a marketplace for user generated LittleBits. advertisement advertisement LittleBits founder and CEO Ayah Bdeir likes to use the analogy of the iPhone app store to describe the Lab. “If you think about the metaphor of apps for hardware, in our case the iPhone is the LittleBits library. It’s the system,” she explained to Fast Company . “We want people to say, ‘there’s a bit for that,’ and if there isn’t one, they will make one.” Much like the app store opened up Apple’s API to developers, LittleBits has opened up its world of snapping electronic modules, via the protoBit, a magnetic connector in the Hardware Development Kit that goes on sale today. “It’s a proprietary connector basically creating entry points into the system,” says Bdeir. With that and the rest of the HDK, which also includes a perf board, … [Read more...] about With BitLab, LittleBits Wants To Become The App Store For Hardware