Cutting Ties
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Siemens Cuts Digital Industries Outlook on China Weakness
Siemens cut fiscal 2024 guidance for its closely watched digital industries unit, citing a slower-than-expected recovery in its China automation operations, but raised its forecast for the smart infrastructure division.The Wall Street Journal - World - China -
EUR/USD Little Changed; Dollar Weakness May Be Limited Near Term
The EUR/USD traded little changed, and Danske Bank Research generally expects the pair to continue being range-bound in the near term.The Wall Street Journal - World -
Gold Edges Higher, Supported by Fed Rate-Cut Bets
Gold edged higher in the early Asian session, supported by bets for Fed rate cuts which would enhance the appeal of the non-interest-bearing precious metal.The Wall Street Journal - World - Federal Reserve -
Putin and Xi hail Russia-China ‘friendship’ on state visit
Russian president seeks further support for wartime economy in face of western sanctionsFinancial Times - Business - China -
Putin tells Xi that Russia-China relations are a 'stabilizing' force for the world
Putin's visit to China comes at the invitation of Xi and will be the Russian leader's first foreign trip since he began his fifth term in office last week.CNBC - Business - China -
Why growing China-Russia military ties worry the west
Closer co-operation forged through joint exercises is forcing Pentagon and allies to reactFinancial Times - Business - China -
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It will be even more expensive to borrow money for college this year—3 tips to cut down costs
Students taking out federal loans to pay for undergraduate college degrees will see a fixed interest rate of 6.53%. Use these tips to minimize your costs.CNBC - Business -
Aaron Judge ties Yankees' single-game franchise record with big night vs. Twins
Judge had four extra-base hits for the second time in his careerCBS Sports - Sports - MLB