Posts by Riah Marton
China regulators tell some rural banks to renege on bond trades
REGULATORS told commercial banks in China’s Jiangxi province not to settle their purchases of government bonds, taking some of the most extreme measures yet to cool a market rally that has alarmed Beijing. Several rural banks failed to settle their transactions on Monday (Aug 12) after regulator guidance to halt purchases late on Friday, said…
Read MoreSaudi crude oil exports to China set to slip in September: sources
SAUDI crude oil exports to China are set to fall in September to about 43 million barrels, several trade sources said on Monday (Aug 12), citing monthly allocations for term buyers. September exports from the world’s top exporter to China are estimated to slip by about three million barrels from a revised volume of about…
Read MoreGold prices steady with spotlight on US inflation data
GOLD prices held steady on Monday (Aug 12), with investors awaiting key US inflation data due later this week to gauge the size of the Federal Reserve’s likely interest rate cut next month. Spot gold were little changed at US$2,425.94 per ounce, as at 0153 GMT. US gold futures slipped 0.3 per cent to US$2,464.80. …
Read MoreCarry-trade blowup haunts markets rattled by rapid-fire unwind
BY NOW, last Monday’s (Aug 12) global market meltdown looks more like a brief tremor, a fleeting panic unleashed by a small policy shift from the Bank of Japan (BOJ) and resurgent fears of a United States recession. But the way it unfolded so rapidly – and just as quickly faded out – is exposing…
Read MoreDisney plots villains-themed land, new ships in big resorts push
WALT Disney unveiled a slew of new theme-park attractions, including its first land devoted to movie villains and a doubling of its Avengers Campus in California, as part of an extensive expansion of its resorts business. The projects were unveiled on Saturday (Aug 10) at the company’s biennial D23 fan club convention in Anaheim, California.…
Read MoreRHONJ’s Teresa Giudice Defends Husband Luis Ruelas Wishing Suffering on Margaret Josephs’ Son – E! Online
The Shocking Jackie Goldschneider Revelation But the bombshell Josephs dropped next shocked everyone in the room. She accused Goldschneider—who did a 180 this season by befriending her former enemy—of having Ruelas’ ex at her house in 2021 right before that cringe video of him was leaked online. After Goldschneider initially denied it, Gorga warned, “Admit that…
Read MoreDisney’s Goofy Character Isn’t Actually a Dog—Or a Cow – E! Online
This fun fact may make you go gawrsh! Disney's beloved character Goofy is not, as many fans belive, a dog like his trusty pal Pluto, Mickey Mouse's loyal pet hound. Nor is Goofy a cow, like his…
Read MoreIndia set to close in on China as emerging-market stock anchor
INDIA is poised to narrow the gap with China in MSCI’s gauge for developing nations. Analysts from firms including Smartkarma and IIFL Securities expect India’s weight in the MSCI Emerging Markets Index to rise by at least one percentage point following the index provider’s review this week. This would bring the country almost on par…
Read MoreSingapore medtech startup raises US$7 million to expand accessible respiratory care globally
SINGAPORE-BASED digital health company Aevice Health has secured US$7 million in a seed plus round to expand its operations in the US, Japan and Singapore. The company develops wearables that can help remotely monitor patients with respiratory conditions. It has also developed a platform – which features the world’s smallest smart wearable stethoscope – that…
Read MoreSimone Biles Has THIS Special Role at 2024 Paris Olympics Closing Ceremony – E! Online
On Aug. 10, the Court of Arbitration for Sport reversed the inquiry that led to Simone’s teammate Jordan Chiles earning the bronze medal in the floor routine, saying Jordan’s coach Cecile Landi didn’t submit her appeal withing the one minute parameter—instead lodging it at one minute and four seconds—leading to the International Gymnastics Federation restoring the…
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