Today: May 16, 2024
Today: May 16, 2024

Business

Changes from Visa mean Americans will carry fewer physical credit, debit cards in their wallets

Visa has announced major changes to how its credit and debit cards will operate in the U.S. Features in the works will lead to Americans to carry fewer physical cards in their wallets and make the 16-digit credit or debit card number printed on every physical card increasingly irrelevant

Changes from Visa mean Americans will carry fewer physical credit, debit cards in their wallets

SpaceX's unit Starlink secures Indonesia operating permit

 The satellite unit of Elon Musk's SpaceX has secured a permit to operate in Indonesia, the communications minister told Reuters on Wednesday. 

SpaceX's unit Starlink secures Indonesia operating permit

Philippines posts $3.2 billion trade deficit in March

The Philippines posted a trade deficit of $3.2 billion in March, the narrowest since May 2021, preliminary official data showed on Wednesday.

Philippines posts $3.2 billion trade deficit in March

BOJ will raise interest rates if inflation meets forecast, Governor Ueda says

Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank will raise interest rates if trend inflation accelerates in line with the bank's current projections.

BOJ will raise interest rates if inflation meets forecast, Governor Ueda says

Hungary's anti-fraud watchdog wants powers for raids and prosecutions

Hungary's anti-corruption body, tasked with stamping out fraud in the spending of billions of euros of European Union funds, has requested greater powers including for

Hungary's anti-fraud watchdog wants powers for raids and prosecutions

Australia to unveil decline in projected gross debt, sees lower peak in debt ratio

The Australian government's budget will show a decline in projected gross debt this year and forecast a lower peak in debt ratios in the years ahead, the Treasury said on Monday.

Australia to unveil decline in projected gross debt, sees lower peak in debt ratio

IMF says its mission will visit Pakistan this month to discuss new loan

An International Monetary Fund mission is expected to visit Pakistan this month to discuss a new programme, the lender said on Sunday ahead of Islamabad beginning

IMF says its mission will visit Pakistan this month to discuss new loan

Hong Kong central bank keeps key rate unchanged, tracks Fed decision

HONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) kept its base rate charged through the overnight discount window unchanged at 5.75% on Thursday, tracking a decision by the U.S.

Hong Kong central bank keeps key rate unchanged, tracks Fed decision

China's central bank pledges to support economic recovery

BEIJING (Reuters) -China's central bank said on Friday it will ensure reasonably ample liquidity and credit expansion to consolidate the country's economic recovery, which still faces many challenges.

China's central bank pledges to support economic recovery

BOJ will scrutinise weak yen in guiding monetary policy, says Governor Ueda

Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will scrutinise the yen's recent declines in guiding monetary policy.

BOJ will scrutinise weak yen in guiding monetary policy, says Governor Ueda

Veon teams up with partners to bridge online 'AI language gap'

Telecom company Veon, mobile operator Beeline Kazakhstan, the Barcelona Supercomputing Center and the GSMA lobby group said on Wednesday they would work together to bridge an "AI language

Veon teams up with partners to bridge online 'AI language gap'

India's top court orders release of journalist held in illegal funding case

India's Supreme Court has ordered the release of the founder-editor of a news portal accused by police of receiving illegal funding from

India's top court orders release of journalist held in illegal funding case

China's central bank leaves key policy rate unchanged

China's central bank left a key policy rate unchanged when rolling over maturing medium-term lending facility (MLF) loans on Wednesday, in line with market expectations.

China's central bank leaves key policy rate unchanged

Conflict, high borrowing costs clip growth in EBRD regions, report says

Two wars and high borrowing costs have trimmed expected growth in countries covered by the European Bank for Reconstruction and Development (EBRD), the bank said in

Conflict, high borrowing costs clip growth in EBRD regions, report says

Biden hikes US tariffs on Chinese imports

(Reuters) -U.S. President Joe Biden on Tuesday unveiled steep tariff increases on an array of Chinese imports, including electric vehicle (EV) batteries, computer chips and medical products.

Biden hikes US tariffs on Chinese imports

Japan will keep close communication with BOJ on forex, finance minister says

TOKYO (Reuters) -The Japanese government will closely work with the Bank of Japan on currency market matters to ensure there is no friction between their mutual policy objectives, finance minister

Japan will keep close communication with BOJ on forex, finance minister says

Cryptoverse: Retail traders sit out bitcoin rally

What's happened to the army of retail traders who used to drive bitcoin's biggest rallies?

Cryptoverse: Retail traders sit out bitcoin rally

IMF, Islamabad open talks for a new loan, says Pakistan finance ministry

An International Monetary Fund (IMF) mission has opened discussions with Islamabad on a new loan programme, a Pakistan finance ministry statement said on Monday.

IMF, Islamabad open talks for a new loan, says Pakistan finance ministry

Netflix will carry NFL games on Christmas Day for 3 years, including 2 this upcoming season

Netflix and the NFL announced a three-year deal for the streaming giant to carry games on Christmas Day

Netflix will carry NFL games on Christmas Day for 3 years, including 2 this upcoming season

As CPI risk clears ... it's lift off!

A look at the day ahead in Asian markets.

As CPI risk clears ... it's lift off!

Trump Media says it will delay quarterly filing due to auditor change

(Reuters) -Trump Media & Technology Group filed a notice to the U.S.

Trump Media says it will delay quarterly filing due to auditor change

Fed's Kashkari: rates should stay on hold 'for a while longer'

Minneapolis Federal Reserve Bank President Neel Kashkari on Wednesday reiterated his view that he is unsure how restrictive monetary policy is right now, and that borrowing costs should

Fed's Kashkari: rates should stay on hold 'for a while longer'

Anthropic taps Instagram co-founder as product chief

Artificial intelligence startup Anthropic has appointed Instagram co-founder Mike Krieger as its chief product officer, the company said on Wednesday, it looks to spruce up its AI

Anthropic taps Instagram co-founder as product chief

Gazprom CEO Miller is in Iran as Putin prepares to visit China

Gazprom CEO Alexei Miller is on a working visit to Iran, the company said on Wednesday, just as President Vladimir Putin prepares to visit China with a high-level delegation for

Gazprom CEO Miller is in Iran as Putin prepares to visit China

Arm's annual revenue forecast fails to impress investors; shares tumble

By Max A.

Arm's annual revenue forecast fails to impress investors; shares tumble
LA Post

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