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US Stock Market | Fed policy may be accommodative under medium-term neutral rate estimate: ReportsA San Francisco Fed research paper suggests that US monetary policy may be more accommodative than commonly assessed when measured against ...- Global Market: Trump-backed World Liberty partners with platform offering Chinese AI modelsTrump-backed World Liberty Financial is collaborating with Hong Kong-based WorldClaw, which offers access to Chinese and US AI models. The ...
- Global Market: Japan’s 10-year JGB yield hits three-decade high on BOJ rate hike betsJapan’s 10-year government bond yield climbed to its highest level since 1996, driven by rising global bond yields, renewed inflation conce...
- Global Market: Kospi extends winning streak to six sessions, jumps over 2% on chip gainsSouth Korean shares surged 2.73%, extending gains for a sixth session as chipmakers rallied on optimism over AI demand. Samsung Electronics...
- Global Market: Japan stocks slide as oil spike and rising bond yields weigh on sentimentJapan’s Nikkei fell 1.1%, ending its five-session rally as Middle East tensions disrupted oil supplies and revived inflation concerns. Risi...
- Diageo agrees to reformulate India whisky, rum drinks after flavouring breach, sources sayDiageo has agreed to reformulate some of its best-selling whisky and rum brands in India after the food safety regulator banned them in som...
- Russia receives Indian gasoline cargo as fuel shortages biteAt least one 68,000-tonne cargo of gasoline from India has entered Russia’s domestic market as Moscow responds to fuel shortages caused by ...
- Global Market: Euro zone bond yields hover near 15-year highs as Middle East war fuels inflation fearsEuro zone bond yields stayed near 15-year highs as Middle East conflict-driven energy inflation raised expectations for ECB rate hikes. Ger...
- Alibaba to sell Lingxi Games in more than $2 billion deal, source saysAlibaba and Trustar have reached a formal agreement after several rounds of talks, according to an internal memo sent to Lingxi staff on Mo...
- Shein eyes company valuation of around $25 billion in Hong Kong IPOSingapore-headquartered Shein, known for selling $5 dresses and $10 jeans to shoppers in about 160 countries, is aiming to launch its much-...
- Binance gave Moscow client details used to charge Russian over Ukraine donations, documents showWhile it is normal for companies like Binance to comply when law enforcement agencies in countries where they operate make legitimate reque...
- US to tell partners they must pick sides in AI race with ChinaThe US is preparing to ask countries to choose between its Pax Silica AI framework and China’s competing initiative, Reuters reported. Wash...
- How a $900 million bet on SpaceX turned 100x into $94 billion for AlphabetAlphabet's initial $900 million SpaceX investment is now worth approximately $94 billion. This significant return makes Alphabet the larges...
- US rocket company Astra Space seeks to raise $250 million in comeback bidThe California-based company has approached investors in recent months, pitching new growth opportunities and financing strategies aimed ...
- Indian electronics firm Eureka investigating findings of child labour at supplierAuthorities rescued four children from a New Delhi supplier, prompting investigations. Eureka Forbes and Havells are checking their supply ...
- Fitch affirms US at AA+ with stable outlook, flags fiscal and inflation risksFitch Ratings affirmed the US sovereign credit rating at AA+ with a stable outlook, citing economic resilience and the dollar’s reserve-cur...
- Strong majority of Japanese firms have yet to fully embrace AI: Reuters pollAbout 60% of respondents said AI is being used only in some parts of their companies or in other limited ways. Another 18% said they have n...
- OPEC oil output rises further in July led by Gulf producers, Reuters survey showsIn July, OPEC made a remarkable recovery by increasing oil production to 19.85 million barrels per day. Gulf nations resumed supplies that ...
- Three in five Americans favour stronger oversight of social media companies: Reuters/Ipsos pollThe poll, which was conducted over the six days ending August 3, comes as companies like Meta Platforms and Google's YouTube face mounting ...
- Thomson Reuters lifts full-year revenue forecast with focus on AI rolloutThomson Reuters has revised its full-year organic revenue outlook, now anticipating an increase of around eight percent. The company witnes...
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