The latest intervention will turn trader focus to the city’s interbank rates, known as Hibor. Published Wed, Jul 2, 2025 · 08:51 AM [MELBOURNE] Hong Kong’s de-facto central bank ramped up purchases of the city’s currency as it sought to defend a peg that has been strained by volatility in the greenback. The Hong Kong…
The US defence industrial base remains dependent on Chinese suppliers despite efforts to decouple – and that raises concerns over war readiness, according to a report by data analytics firm Govini. Chinese firms still made up 9.3 per cent of the primary contractors, or Tier 1 suppliers, involved in major US defence programmes across nine…
Here we go again. This week, the Senate unveiled, honed and passed its version of the “Big Beautiful Bill,” and it’s a fiscal monstrosity. What was already an oversized mess in the House has been supersized into a $4-trillion ode to unseriousness. This isn’t tax reform. It’s a bipartisan piñata stuffed with pork, gimmicks and…
GitHub Apps can now be installed onto enterprise accounts, with new permissions that let them call enterprise management APIs. The public preview of this new access pattern has a limited set of permissions that unblock significant automation opportunities. With this release we’re also introducing a new set of enterprise APIs that allow you to manage…
Before we get started, I just wanted to take a moment to remind you that, believe it or not, there was a time when Rosie O’Donnell was a very respected comedian. I mean, she was very funny when she guest-starred in an episode of Curb Your Enthusiasm. I mention this because Rosie has become so…
Sunset scene of light trails traffic speeds through an intersection in Gangnam center business district of Seoul at Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets opened mostly lower on Wednesday as investors digest the latest comments from U.S. Federal Reserve Chair Jerome Powell. Powell said Tuesday that the central…
The United States is halting some weapons shipments to Ukraine amid its war with Russia, the White House confirmed Tuesday. White House spokesperson Anna Kelly told CBS News in a statement that the “decision was made to put America’s interests first following” a Defense Department “review of our nation’s military support and assistance to other…
The ‘Beyond Retro Label Collection’ represents a refined evolution in sustainable fashion, emphasizing the artistry of upcycling and the principles of circular design. Renowned for its environmental ethos, Beyond Retro reimagines post-consumer textiles—materials once destined for landfill—into thoughtfully crafted garments with renewed purpose. Each piece is meticulously handmade in India by experienced artisans, whose craftsmanship…
President Donald Trump said Tuesday that Israel has “agreed to the necessary conditions” to finalize a ceasefire deal in the Israel-Hamas war. “My Representatives had a long and productive meeting with the Israelis today on Gaza. Israel has agreed to the necessary conditions to finalize the 60 Day CEASEFIRE, during which time we will work…
T-Mobile is bringing some of its Uncarrier energy to Ultra Mobile, the carrier’s international-focused MVNO that operates on its network. It announced that its plans now have slightly higher data caps and more international perks, but with the same prices as before for new and existing subscribers — a rare thing to see these days….