As political pressure on the US Federal Reserve intensifies in Washington, the reverberations are rippling across the globe. Gregory Peters, co-chief investment officer of fixed income at PGIM, has noted that bringing political pressure to bear on the Fed is an “own goal” – a self-inflicted shock that erodes confidence and is unlikely to deliver…
Ready your wallets if you’ve been thinking about upgrading your Apple products. According to Bloomberg‘s Mark Gurman, Apple will announce “at least five products,” starting on Monday, March 2, and extending to its scheduled “experience” on Wednesday, March 4. There’s a long list of potential options that Apple could announce next month, but Gurman is…
Broadway is cancelling most evening performances on Feb. 22 as New York City is set to experience a blizzard and receive between 16 and 24 inches of snow. Productions with matinees that begin at 3 p.m. ET Sunday or earlier, however, will proceed as scheduled. The cancellation is expected to impact productions such as Oh,…
US economist Bernard Yaros pointed out that Trump has already used Section 232 of the Trade Expansion Act of 1962 to introduce industry-specific tariffs on sectors including vehicles, steel and aluminium, and noted that “the Department of Commerce has launched Section 232 investigations into pharmaceuticals, semiconductors, critical minerals, and aircraft”.
The acquisition price for properties damaged in Hong Kong’s deadly Tai Po fire will be “far lower” if homeowners reject the government’s buy-back offer and authorities are forced to use legislation to acquire the remaining properties, a senior official has said. Deputy Financial Secretary Michael Wong Wai-lun on Sunday dismissed claims that the government was…
The United States of America has won gold in men’s hockey, defeating Canada 2-1 in overtime at the 2026 Olympics. Editor’s Picks 2 Related The game was tied 1-1 after regulation after goals by the USA’s Matt Boldy and Canada’s Cale Makar, leading to 3-on-3 OT. In the extra period, Jack Hughes took a feed…
A 34-year-old chef has been arrested for allegedly spraying an unknown liquid on three female pedestrians near Hong Kong’s Tai Wai MTR station in separate incidents during the Christmas and Lunar New Year holiday periods. The first incident took place on Christmas morning, when a woman crossing a footbridge on Mei Tin Road felt liquid…
Having electrified its highways, China is mobilising its shipbuilding prowess and battery giants such as CATL to overhaul some shipping fleets, betting that the revolution in green transport can float as well as it drives. The shift towards clean energy underscores Beijing’s broader decarbonisation commitment – vowing to peak carbon emissions by 2030 and achieve…
