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Indonesia raises rates in surprise move to prop up sinking rupiah
Indonesia raises rates in surprise move to prop up sinking rupiah The rupiah has been under pressure due to a wide range of investor worries, including President Prabowo Subianto's big spending plans and a ballooning fuel subsidy budget following the Iran war. JAKARTA: Indonesia's central bank raised interest rates by 25 basis points on Tuesday (Jun 9) in an unexpected off-cycle rate hike, taking the benchmark rate to 5.50 per cent as it moves to stabilise the rupiah, which has hit a series...
Indonesian central bank says governor briefs foreign investors following surprise rate hike
Indonesian central bank says governor briefs foreign investors following surprise rate hike JAKARTA, June 10 : Indonesia's central bank has briefed investors from Europe, the United States and Asia following its surprise rate hike, senior deputy governor Destry Damayanti told Reuters on Wednesday. On Tuesday, Bank Indonesia raised interest rates by 25 basis points in a rare off-cycle move to 5.50 per cent to try to stabilise the rupiah after the currency hit a series of record lows. Destry...
Relative Energy Learning for LiDAR Out-of-Distribution Detection
arXiv:2511.06720v3 Announce Type: replace Abstract: Out-of-distribution (OOD) detection is a critical requirement for reliable autonomous driving, where safety depends on recognizing road obstacles and unexpected objects beyond the training distribution. Despite extensive research on OOD detection in 2D images, direct transfer to 3D LiDAR point clouds has been proven ineffective. Current LiDAR OOD methods struggle to distinguish rare anomalies from common classes, leading to high...
Spatially Grounded Concept Bottleneck Models via Part-Factorized Attention
arXiv:2606.04364v1 Announce Type: new Abstract: Concept bottleneck models (CBMs) predict a layer of human-named attributes before predicting a class, which makes their decisions auditable. On fine-grained recognition tasks the concept heads are usually free to attend anywhere in the image, so a head named for one body region can be satisfied by evidence on another.
Enhancing Paraphrase Type Generation: The Impact of DPO and RLHF Evaluated with Human-Ranked Data
arXiv:2506.02018v2 Announce Type: replace Abstract: Paraphrasing re-expresses meaning to enhance applications like text simplification, machine translation, and question-answering. Specific paraphrase types facilitate accurate semantic analysis and robust language models. However, existing paraphrase-type generation methods often misalign with human preferences due to reliance on automated metrics and limited human-annotated training data, obscuring crucial aspects of semantic fidelity and...
Major business group accuses Labour of sending firms to ‘tipping point’ after taking billions extra in tax
Major business group accuses Labour of sending firms to ‘tipping point’ after taking billions extra in tax An extra £27bn was raised in taxes by Labour, the CBI will say - Bookmark - CommentsGo to comments One of the UK’s key business organisations will accuse Labour of sending British industries towards a “tipping point” after extracting billions of extra pounds in increased taxes. In a planned speech to business leaders on Thursday, the director general of the Confederation of British...
Are Deep Learning Based Hybrid PDE Solvers Reliable? Why Training Paradigms and Update Strategies Matter
arXiv:2602.06842v2 Announce Type: replace Abstract: Deep learning-based hybrid iterative methods (DL-HIMs) integrate classical numerical solvers with neural operators, utilizing their complementary spectral biases to accelerate convergence. Despite this promise, many DL-HIMs stagnate at false fixed points where neural updates vanish while the physical residual remains large, raising questions about reliability in scientific computing. In this paper, we provide evidence that performance is...
UK government divided over minimum wage increase in face of youth jobs crisis
Title: UK government divided over minimum wage increase in face of youth jobs crisis Exclusive: Some fear raising rate for people aged 18-20 will exacerbate unemployment while others point to lack of evidenceRising rates of youth unemployment have created a split at the top of government over how fast it should meet its promise to give young people the full minimum wage.Peter Kyle, the business secretary, is understood to believe now is not the time to give 18- to 20-year-olds the full minimum wage, which Labour promised to do in its manifesto. Continue reading...
UK government divided over minimum wage increase in face of youth jobs crisis
Title: UK government divided over minimum wage increase in face of youth jobs crisis Exclusive: Some fear raising rate for people aged 18-20 will exacerbate unemployment while others point to lack of evidenceRising rates of youth unemployment have created a split at the top of government over how fast it should meet its promise to give young people the full minimum wage.Peter Kyle, the business secretary, is understood to believe now is not the time to give 18- to 20-year-olds the full minimum wage, which Labour promised to do in its manifesto. Continue reading...
California passes bill declaring death-by-algorithm to 3D-printed ghost guns
California has passed a controversial bill requiring 3D printer manufacturers to build in controls that block the production of firearm components - a move drawing sharp pushback from technologists and privacy advocates. Lawmakers approved Assembly Bill 2047 on May 26. The bill requires manufacturers to embed a “firearm blueprint detection algorithm” in every model by July 2028.