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EXCLUSIVE-China asks banks not to withhold loans to asset manager Huarong – sources

Chinese regulators have asked some banks not to withhold loans to embattled asset management giant China Huarong Asset Management Co, as part of the supportive measures to stabilize its c
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Dollar heads for second weekly loss on Fed’s lower-for-longer stance

The dollar headed for its worst back-to-back weekly drop this year amid an extended retreat in Treasury yields as investors increasingly bought into the Federal Reserve’s insistence of

Judge in Texas lawsuit against Google issues protective order

The judge hearing the Texas antitrust lawsuit against Alphabet Inc’s Google put limits on what the search giant’s in-house lawyers can see in an order aimed at ensuring that confident

Asian shares defensive, dollar struggles near one-month lows

Asian shares were on the backfoot on Thursday following mixed cues from Wall Street where a sharp sell-off in the largest bitcoin exchange Coinbase hit tech shares while the dollar index

Oil holds near one-month highs as demand forecasts raised

Oil prices were lower on Thursday though holding near one-month highs after futures jumped in the previous as the International Energy Agency (IEA) and others upgraded forecasts for oil d

Dollar at three-week low as Fed’s dovish message sinks in

The dollar nursed losses on Thursday, holding near a three-week low against a basket of currencies as U.S. bond yields pulled back from last month’s surge with investors buying the Fede

Wall Street ends mixed despite bumper big-bank earnings

Wall Street indexes closed mixed on Wednesday, with the Nasdaq Composite and S&P 500 falling despite another record intraday high for the latter and big banks’ stellar results on th

GameStop CEO forfeits over 587,000 shares for not meeting targets

GameStop Corp Chief Executive Officer George Sherman has forfeited more than 587,000 shares as he failed to meet his performance targets, according to a regulatory filing on Wednesday. T

Christ the Redeemer lit up to mark 100 days till the Olympics

The world’s most famous statue of Jesus Christ was lit up with the Olympics logo and images of sporting arenas on Wednesday to mark 100 days to the Tokyo Olympic Games opening ceremony.

Olympics: Russia unveils flagless uniforms for Tokyo Games

Russian competitors at this year’s Tokyo Olympics will be wearing blue, red and white uniforms, but their country’s tricolour flag will not appear because of doping sanctions. ZASPOR

NBA’s Houston Rockets probing cyber attack, working closely with FBI

The Houston Rockets are investigating a cyber attack that attempted to install ransomware on the basketball team’s internal systems, and the organization is working closely with the FBI

Dallas Wings poised to scoop up top talent in WNBA Draft

The Women’s National Basketball Association (WNBA) kicks off its 25th season celebration in earnest on Thursday, with its annual draft bringing in top talent to the league from U.S. col

NFL: Lions become fourth team to opt out of voluntary workouts over COVID-19 concerns

The Detroit Lions became the fourth National Football League team to opt out of in-person voluntary workouts, citing concerns over COVID-19, as a rift emerged between the league and its p

Swimming: Peaty ahead of schedule for Olympics after another 100m blast

World record holder Adam Peaty declared himself ahead of schedule for the Tokyo Olympics after swimming the fastest 100m breaststroke of the year at the British selection trials in London

Olympics: Coxsey up to speed and set to scale heights in Tokyo

Shauna Coxsey admits her first serious attempt at speed climbing left her thinking that the Olympics were not for her after all. Shauna Coxsey climbs a boulder problem at The Climbing Ha

Republicans want to yank baseball’s antitrust immunity after MLB reaction to Georgia voting law

Five Republican senators introduced a bill on Wednesday to strip Major League Baseball of its immunity to antitrust law, saying the legal shield wasn’t deserved after the league moved i

E-commerce platform connects young Afghan female entrepreneurs with the world

A locally grown e-commerce platform in Afghanistan is connecting vendors with customers around the world, providing an important opportunity for the war-torn economy and inspiring a new t

China must halve power sector emissions by 2030 to meet climate goals: study

China needs to halve carbon dioxide emissions from its coal-fired power plants by the end of the decade if it is to remain on course to become carbon neutral by 2060, according to researc

Argentine president cleared following bout of COVID-19

Argentine President Alberto Fernández was given his medical all clear on Wednesday after testing positive for COVID-19 earlier in April, though he never displayed more than mild symptoms

New Zealand mosque shooter’s court hearing postponed due to no-show

The mass shooter who killed 51 people in New Zealand in 2019 did not appear in court on Thursday after seeking a judicial review of his prison conditions and his status as a “terrorist

Brazil investigates reports of vaccines being exchanged for illegal gold

Federal prosecutors in the Brazilian state of Roraima are investigating reports that illegally-mined gold is being exchanged for COVID-19 vaccines in the Yanomami indigenous reserve, the

Brazil’s P1 coronavirus variant mutating, may become more dangerous -study

Brazil’s P1 coronavirus variant, behind a deadly COVID-19 surge in the Latin American country that has raised international alarm, is mutating in ways that could make it better able to

UK PM acted on plea from Saudi Crown Prince over axed Newcastle United deal – Daily Mail

UK Prime Minister Boris Johnson acted on a personal plea from Saudi Crown Prince Mohammed bin Salman over the axed 300 million pounds ($413.34 million) deal to buy Premier League club New

Mick Jagger celebrates end of lockdown in new track ‘Eazy Sleazy’

Mick Jagger released a surprise new track on Tuesday, “Eazy Sleazy”, which celebrates the end of lockdown in England and takes a tongue-in-cheek look at some of the downsides of life

Mexican Netflix street vendor star ‘Lady Tacos’ eyes jump to political stage

After Mexico City’s ‘Lady Tacos de Canasta,’ a street vendor featured in a Netflix series, stood up to police who she said harassed her on the street, she decided to take her fight

LA’s famous Cinerama Dome movie theater among coronavirus casualties

One of Los Angeles’ best-known movie theaters is closing for good, its owners said on Monday, prompting dismay on social media and concern for the fate of other theaters forced to close

Dwayne Johnson would run for U.S. President if people want him

“Fast & Furious” star Dwayne Johnson said on Monday that he would run for U.S. President if he felt he had enough support from Americans. Johnson, 48, one of the highest-paid and

‘Better Days’ director hopes Oscar-nominated film inspires Chinese peers to tackle hard topics

“Better Days” director Derek Tsang said his Oscar-nominated film could inspire other Chinese artists to pursue difficult topics despite the challenges in getting works past censors in

Tusse – from child refugee to Sweden’s Eurovision Song Contest contender

For Tusse, Sweden’s 2021 Eurovision Song Contest contender, it felt like entering a new world coming to the Nordic country at the age of eight from a Ugandan refugee camp. The 19-year-

Harvey Weinstein is indicted in California, appears at extradition hearing

Harvey Weinstein has been indicted in California on sexual assault charges, one of his lawyers said on Monday, as the former Hollywood movie producer appeared in a New York court proceedi

Recession drama ‘Nomadland’ wins best film at BAFTA awards

U.S. recession drama “Nomadland”, about a community of van dwellers, was the big winner at Britain’s BAFTA awards on Sunday, scooping best film and prizes for its Chinese-born direc

Toy cars get eco makeover to inspire children

Matchbox is launching a new series of toy cars based on real-life electric and hybrid vehicles, in a bid to make its miniatures more sustainable and to raise awareness among children of t

Judge in Texas lawsuit against Google issues protective order

The judge hearing the Texas antitrust lawsuit against Alphabet Inc’s Google put limits on what the search giant’s in-house lawyers can see in an order aimed at ensuring that confident

Instagram launches test where users can choose to see likes

Instagram is launching a small global test on Wednesday where users can choose whether to hide like counts on their own posts or other people’s posts, a Facebook spokeswoman said. The

Angry Indian traders counter Amazon summit with own event

Thousands of Indian small businesses will organise an event this week in protest at the business practices of foreign e-tailers like Inc, taking a dig at the U.S. group’s sum
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