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36 Mins Ago China’s central bank announces $70 billion ‘re-loan’ program to support tech SMEs The People’s Bank of China has announced a “re-loan” program of 500 billion yuan ($70 billion) for technological innovation and transformation to support small and medium-sized tech enterprises. A re-loan program uses funds lent by . . .
(Bloomberg) — Global stocks were mixed as attention turned to US jobs data after Jerome Powell reaffirmed that the Federal Reserve will likely lower rates this year. Most Read from Bloomberg The Stoxx 600 index fluctuated, while US futures climbed and Asian gauges advanced. A measure for the dollar steadied after it saw its biggest […]
By Tom Westbrook SINGAPORE (Reuters) – The dollar was pinned beneath recent peaks on Thursday with traders taking remarks from Federal Reserve Chair Jerome Powell as reassuring on the likelihood of interest rate cuts this year while waiting for the latest U.S. labour market readout. An unexpected slowdown in U.S. services growth also supported cut […]
(Bloomberg) — Asian equities got off to a muted start Tuesday as strong US data supported the view the Federal Reserve will be slow to cut rates. Most Read from Bloomberg Australian shares were little changed and Japanese stocks traded within tight ranges. The yen steadied above 151 per dollar after weakening on Monday against […]
(Bloomberg) — Asian shares mostly rose as US inflation figures reaffirmed bets for the Federal Reserve to ease policy this year and China’s economic recovery gained momentum. Most Read from Bloomberg Benchmarks rose in mainland China and South Korea, while Japanese stocks slipped after a report showed confidence among the country’s large manufacturers weakened slightly […]
At least 7.6 million existing AT&T account holders and 65.4 million former users hit by the breach, the company says. Personal information belonging to millions of past and present AT&T customers has been leaked online, including Social Security numbers (SSNs), passcodes and contact details, the multinational company says. In a statement on Saturday, the telecommunication […]
(Bloomberg) — Shares in Asia rose following gains on Wall Street, with focus shifting to key US consumer price data due later Friday. Most Read from Bloomberg Benchmarks in Japan, South Korea and mainland China showed modest increases, after US stocks wrapped up the first quarter on a positive note. Investors are bracing for a […]
DIVERS have recovered the Black Box-style data recorder from the cargo ship that destroyed the Baltimore bridge. US investigators will probe device for clues as they desperately try to piece together how the horrific disaster happened. The Dali container ship totally destroyed the Francis Scott Key BridgeCredit: AFPThe container ship veered out of control and […]
CNN — The US Coast Guard has suspended search and rescue efforts for six people who were on the Francis Scott Key Bridge when it collapsed early Tuesday following a major cargo boat collision. Recovery efforts are now underway . . .
Pew Research Center has conducted many surveys about abortion over the years, providing a lens into Americans’ views on whether the procedure should be legal, among a host of other questions. In a Center survey conducted nearly a year after the Supreme Court’s June 2022 decision that ended the constitutional . . .