• 02/24/2025

U.S. dollar down in Taipei trading

Taipei, June 13 (CNA) The U.S. dollar was traded at NT$30.744 at 10 a.m. Tuesday on the Taipei Foreign Exchange, down NT$0.010 from the previous close. https://focustaiwan.tw/business/202306130004

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Taiwan headline news

Taipei, June 13 (CNA) The lead stories in major Taiwan dailies on Tuesday are as follows: https://focustaiwan.tw/society/202306130003

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Russian convict recruits desert in Donetsk Oblast, killing 3 Russian soldiers

Pravda Ukraine On the Lyman front, some Russian convicts recruited for the war have deserted, killing three Russian contract soldiers. Source: Ukraine’s National Resistance Center (NRC) referring to Atesh movement Details: The National Resistance Center has noted that the deserters also seized a truck carrying weapons and killed three instructors from among the contract servicemen…

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Delivery workers in NYC to get almost $20 an hour minimum by 2025

Washington Post Major delivery apps have pushed back against the new policy, saying higher wages could lead to more expensive delivery fees and less demand for deliveries. https://www.washingtonpost.com/business/2023/06/12/ny-food-apps-grubhub-doordash/

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Australian Business Conditions Slump as Rate Hikes Hit Hard

Wall Street Journal Australian business conditions slumped in May, as the Reserve Bank of Australia returned to raising interest rates after a pause in April. https://www.wsj.com/articles/australian-business-conditions-slumps-as-rate-hikes-hit-hard-9c6ec0f9

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China cuts key policy rate as central bank signals easing to support economy

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The People’s Bank of China cut the seven-day reverse repo on Tuesday amid calls for more policy easing following weak trade and inflation data. https://www.scmp.com/economy/economic-indicators/article/3223864/china-cuts-key-policy-rate-central-bank-signals-easing-support-economy?utm_source=rss_feed

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China’s PBOC Cuts Key Policy Rate

Wall Street Journal The Chinese central bank’s move to cut a key policy rate may guide down benchmark lending rates. https://www.wsj.com/articles/chinas-central-bank-cuts-key-policy-rate-dc36b43b

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Constructive relations with all countries are in interests of Russia — Ambassador

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. Russian Ambassador to the United States Anatoly Antonov believes that without Russia, “its colossal human potential, rich resources and historical experience,” it is impossible to solve the most serious international problems https://tass.com/politics/1631039

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Russia on right side of history — Ambassador to US

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. Anatoly Antonov noted that “returning to the principle of indivisibility of security” is the only way to prevent conflicts in the future https://tass.com/politics/1631037

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George Soros handing empire to son, Alex, prompts ‘Godfather’ comparison from European leader

Fox News Left-wing billionaire, investor and philanthropist George Soros’ reported decision to hand control of his $25 million empire to his son, Alex Soros, has prompted a not-so-subtle jab from one European leader. “Soros 2.0,” Hungarian Prime Minister Viktor Orbán wrote on Twitter Monday, including a GIF depicting a scene from the movie “The Godfather”…

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