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BBC News - Top stories
UK interest rates expected to be held at 5%
Economists are betting on rates being held in September with a cut to come in November instead.1 hour ago - United Kingdom -
Financial Times - World
What the EU’s new competition tsar thinks about Chinese EV tariffs
Also in this newsletter: How the Greens got their man into von der Leyen’s office3 hours ago -
ABC News - Tech
Justice Department disrupts vast Chinese hacking operation that infected consumer devices
FBI Director Chris Wray says the FBI has disrupted a group of hackers working at the direction of the Chinese government who targeted universities, government agencies and other organizations11 hours ago -
MarketWatch - Business
Moody’s lifts outlook on four big regional banks to stable from negative
The debt outlook for Fifth Third Bancorp, First Citizens Bancshares Inc., Regions Financial Corp. and Huntington Bancshares Inc. has been raised to stable from negative by Moody’s on healthier ...12 hours ago -
The New York Times - Business
Central Banks Around the World Are Cutting Rates
Inflation has fallen in most developed nations, and central bank officials are now trying to steer their economies toward a so-called soft landing.12 hours ago -
Financial Times - Business
UK regulator pushes banks to give savers better value even as rates fall
FCA warns it will take action against any lenders that flout rules to protect depositors16 hours ago - United Kingdom -
ABC News - World
UK inflation is steady at 2.2% ahead of Bank of England's next rate decision
The Bank of England is widely expected to keep interest rates unchanged after official figures showed Inflation in the U.K. holding steady at an annual rate of 2.2% in August, with higher airfares ...18 hours ago - United Kingdom -
ABC News - World
Chinese aircraft carrier comes closer than ever to Japan
A Chinese aircraft carrier entered an area near Japan's shores for the first time on Wednesday, leading Tokyo to convey its “serious concerns” to Beijing over China’s increasingly assertive ...19 hours ago - Japan -
MarketWatch - Business
Bank of England’s rate cutting on hold after air fares take off
The Bank of England unlikely to join peers in cutting rates this month as it’s stymied by stubborn service sector inflation.19 hours ago -
BBC News - Top stories
Inflation holds steady despite jump in air fares
Lower fuel prices helped offset the higher cost of flying in the year to August.21 hours ago -
BBC News - Top stories
New bank hubs to open but many don't have printers to provide statements
New rules on branch closures take effect but questions remain over the facilities in shared hubs.23 hours ago -
Wired - Tech
Did a Chinese University Hacking Competition Target a Real Victim?
Participants in a hacking competition with ties to China’s military were, unusually, required to keep their activities secret, but security researchers say the mystery only gets stranger from there.Yesterday -
The Guardian - World
UK inflation stays at 2.2% as lower petrol prices offset by higher air fares
Annual rate in August unchanged, and hovering above Bank of England’s 2% target. Business live – latest updates The UK’s annual inflation rate rose by 2.2% in August, matching the increase in ...Yesterday - United Kingdom -
Financial Times - World
Chinese solar panel boom threatens Pakistan’s debt-ridden grid
Industry rushes to switch to clean energy as cost of state power network becomes cripplingYesterday - China -
Financial Times - World
How extremist settlers in the West Bank became the law
Mobilisation of violent settlers has intensified Palestinians’ fears of attacks and displacementYesterday -
Financial Times - Business
How extremist settlers in the West Bank became the law
Mobilisation of violent settlers has intensified Palestinians’ fears of attacks and displacementYesterday -
NBC News - Top stories
Chinese American family meets descendants of the Black couple who rented to them when no one would
The Dong family is selling the historic home and donating $5 million to Black college students — but they wanted the Thompson family to tour the storied home first.Yesterday -
CNBC - Business
Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs
While the talks are early and could falter, the move could mean that the country's largest credit card issuer may grow even larger.Yesterday - Apple -
NBC News - Top stories
Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs
Apple is in discussions with JPMorgan Chase for the bank to take over the tech giant’s flagship credit card program from Goldman Sachs, a person with knowledge of the negotiations said.Yesterday - Apple -
The New York Times - Business
Banking Deal Oversight to Get a Major Revamp
The F.D.I.C. and the Justice Department are changing how they evaluate mergers and acquisitions in the banking industry.Yesterday -
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ABC News - World
Budapest and Poland's Wroclaw reinforce their river banks ahead of more flooding
Soldiers have dropped sandbags from military helicopters to reinforce river embankments and evacuated residents as the worst flooding in years spreads across Central EuropeYesterday -
The New York Times - Business
F.D.I.C. Says Banks Need to Keep a Record of Their Fintech Customers
Banks holding customer funds for money management apps should keep track of customers’ identities and balances, the agency says.Yesterday -
Financial Times - Business
Lib Dems to press Rachel Reeves to raise taxes on banks and wealthy
Ed Davey wraps up party conference saying rich should pay more to fund transformation of NHS and social careYesterday -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grownYesterday -
MarketWatch - Business
Despite recent volatility, there are 5 reasons to be optimistic on markets, says Deutsche Bank
A traditionally better fourth quarter and Fed rate cuts should support the stock market rally says DeutscheYesterday -
The New York Times - Business
How the Fed Cutting Interest Rates Affects Stocks, Banks and More
For corporate America, this week’s expected interest rate cut carries risks along with rewards.Yesterday - Federal Reserve -
The New York Times - Business
F.D.I.C. and Justice Dept. May Get Tougher on Bank Deals
The F.D.I.C. is expected to vote on more stringent new rules for takeovers, while the Justice Department plans to overhaul its own guidelines.Yesterday -
CNBC - Business
Big names like David Tepper and 'Big Short' investor Michael Burry are quietly upping their bets on the Chinese economy
From property woes to sluggish economic data, China appears to be suffering from long Covid.Yesterday -
The Wall Street Journal - World
U.S. Officials Jet to Beijing Amid Flood of Cheap Chinese Exports
In the talks, Washington intends to highlight concerns over China’s manufacturing overcapacity.2 days ago - China -
The Wall Street Journal - Business
Malaysian Glove Makers' Shares Jump as U.S. Plans Higher Tariffs on Chinese Gloves
Malaysian glove stocks surged after the U.S. said it plans to impose higher and earlier tariffs on Chinese gloves, a move likely to ease competition for Southeast Asian manufacturers.2 days ago -
Financial Times - World
From steel to kimchi, South Korean exporters face flood of Chinese rivals
Overproduction, tariffs and weak demand increase competition with a glut of low-cost goods2 days ago - China -
NBC News - Top stories
Meet Douyin, the Chinese version of TikTok adding to ByteDance's big business
Douyin, the Chinese version of TikTok, spurred a creator economy with more than 700 million active users. The social media video app, owned by ByteDance has parental controls and even time limits. ...2 days ago - Tiktok -
CNBC - Business
India's central bank chief plays down fears of a deposit crunch
Reserve Bank of India Governor Shaktikanta Das raised the issue of slowing bank deposits underperforming an expansion in loans in an interview with CNBC.2 days ago