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05:55
Morgan Stanley: Asia May Turn to Coal to Address LNG Supply Risks
Golden Ten Data reported on March 5 that Morgan Stanley analysts stated in a report that, in order to ensure uninterrupted power supply, Asian economies may consider coal as an important alternative energy source to liquefied natural gas (LNG). South Asia still has flexible coal-fired power capacity available, and the region has recently built some new coal-fired power plants. Analysts estimate that about 20% of Asia's electricity supply relies on LNG from the Middle East. Disruptions in LNG supply caused by the Iran conflict are crucial for the region's data centers and power grids. India and Thailand have the highest dependence on spot LNG, while utility companies in Malaysia and Indonesia may be relatively less affected by fuel supply issues. Rising LNG prices could widen the power price spread for efficient operators, especially in wholesale electricity markets such as the Philippines and Singapore.
05:33
Odaily Noon News
1. Reuters: The US cryptocurrency bill has reached a new deadlock, with its prospects uncertain; 2. Tether led a $50 million financing round for AI sleep technology company Eight Sleep, with a valuation of $1.5 billions; 3. Venice founder: Venice's verifiable privacy protection feature is about to launch; 4. Anthropic CEO restarts negotiations for an AI contract with the US Department of Defense; 5. BNB Chain: BNB Beacon Chain will gradually cease service, asset holders should migrate their tokens to the BSC chain as soon as possible; 6. Arthur Hayes: BTC has not yet decoupled from US SaaS technology companies, and the current rebound may be temporary; 7. A Bitcoin OG wallet, dormant for 8 months, deposited 500 BTC worth $36.39 millions into an exchange; 8. US tech giants signed a White House commitment to bear the electricity costs of AI data centers themselves; 9. The user who lost $24 millions aEthUSDC claims the theft involved violent threats.
05:26
BNB Chain: BNB Beacon Chain will gradually cease service, asset holders should migrate their tokens to the BSC chain as soon as possible.
ChainCatcher news, BNB Chain announced on the X platform that starting today, the BNB Beacon Chain token recovery tool will gradually cease service in three phases.
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