Markets fell in Asia on Thursday following a painful sell-off in New York fuelled by bets that the Federal Reserve will embark on an aggressive campaign to fight soaring inflation by hiking interest rates several times. The much-anticipated release of minutes from the US central bank’s December policy meeting showed that while officials were concerned …
Asian Markets Track Wall St Drop On Fed Rate Hike Plans Read More »
Tech firms led losses across most markets Thursday following a painful sell-off in New York fuelled by bets that the Federal Reserve will embark on an aggressive campaign against soaring inflation by hiking interest rates several times. The much-anticipated release of minutes from the US central bank’s December policy meeting showed that while officials were …
Global Stocks Mostly Sink On Fed Rate Hike Plans Read More »
Trump media group on Tuesday announced it is negotiating with Canadian online video platform Rumble to provide a stage for a subscription on-demand video service. The organization headed by former US president Donald Trump said that it has already inked a deal to have the specialty firm, which is popular with political conservatives, provide “wide-ranging …
Trump Media Group Plans Subscription Video Service Read More »
Semiconductor giant Intel said it plans to list shares in its car technology arm Mobileye publicly in the United States in mid-2022, a move reports said could value the subsidiary at over 50 billion dollars. In a statement published late Monday, Intel specified that it would remain the majority shareholder and that the two companies …
Intel Says Plans To Take Car Tech Unit Mobileye Public Read More »
US-listed Chinese microblogging platform Weibo is seeking to raise up to $547 million in a share offer in Hong Kong, documents showed Monday, the latest China tech company to list closer to home as tensions with the United States rise. Several US-listed Chinese tech firms such as Alibaba have held initial public offerings in Hong …
China’s Twitter-like Weibo Plans $547 Mn Hong Kong Listing Read More »
President Nayib Bukele said El Salvador plans to build the world’s first “Bitcoin City”, powered by a volcano and financed by cryptocurrency bonds. Bitcoin City “is gonna include everything: residential areas, commercial areas, services, museums, entertainment… airport, port, rail,” Bukele said at the Latin American Bitcoin and Blockchain Conference on Saturday. El Salvador, which has …
El Salvador President Plans ‘Bitcoin City’ Financed By Crypto Bonds Read More »
Japanese Prime Minister Fumio Kishida announced a record 56 trillion yen ($490 billion) stimulus for the world’s third-largest economy Friday as he looks to shore up its patchy pandemic recovery. The fresh stimulus, expected to be approved by the cabinet later in the day, “is enough to deliver a sense of safety and hope to …
Japan Plans Record $490 Bn Stimulus To Boost Pandemic Recovery Read More »
Ethiopia’s capital Addis Ababa could fall within “months if not weeks”, an Oromo group allied with Tigrayan rebels told AFP Wednesday, as Washington announced it would send a US envoy to the country to hold talks. The Tigray People’s Liberation Front (TPLF), which has been fighting Prime Minister Abiy Ahmed’s government for a year, has …
Rebels Say Ethiopia Capital Could Fall Within Weeks As US Plans To Send Envoy Read More »
Former President Donald Trump is focused on helping Republicans flip the House of Representatives in 2022 but is also mulling another presidential run two years later, he said in an interview broadcast late Monday. “We are going to help with the House. I think we have a really good chance. I’m working with everybody, including …
Trump ‘Very Seriously’ Considering 2024 Run, Plans to Help GOP in 2022 Read More »
A Republican member of Congress plans to retire in May, opening up a seat in the House of Representatives. Rep. Steve Stivers (R-Ohio) announced Monday that he will step down on May 16 and become the president and CEO of the Ohio Chamber of Commerce. “For the past decade, it has been my honor and …
GOP Rep. Steve Stivers Plans to Retire Before Term Is Up Read More »
