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Reuters / Kai Pfaffenbach Markets bounce on Thursday as fears of a full scale global trade war wane. Major European indices are more than 1% higher in the first hour of trading. Gains appear to be driven by conciliatory comments from President Trump’s top economic advisor, Larry Kudlow. “Don’t overreact, we’ll see how this works out,” […]
Regulators in China have allowed global asset managers including JPMorgan Chase to raise funds from Chinese onshore clients for investment in offshore hedge funds. The move comes after a two-year tightening on cross-border capital flows. It is explained by the strengthening Chinese economy and persistent US dollar weakness. People familiar with the situation told the […]
With Google pre-loading Google Photos on a range ofAndroid devices, it’s no wonder the app has racked up 500 million users. The search giant is already capitalizing on its success using AI-assisted tools that pester you to share more visuals. Now, it’s hellbent on eradicating any mobile signal barriers that could hinder your sharing pleasure. […]
The Spaniard is on a mission to claim his 10th French Open title in front of the adoring Roland Garros crowd and has cruised through his first two matches. The 30-year-old beat France’s Benoit Paire for the loss of just six games in his opening encounter before he beat Robin Haase too just two more […]
The US is partially easing restrictions on the Russian Federal Security Service (FSB) imposed under the previous US administration over Moscow’s alleged meddling in American elections, but notes it does not represent a shift in its policy. A respective order has been published on the website of the US Department of Treasury. The agency states it […]
