Category: USA
China’s PBOC Keeps One-Year Loan Prime Rate Steady
Wall Street Journal China’s benchmark lending rates were kept unchanged, as signaled by unchanged policy rates earlier this week, suggesting that Beijing is comfortable with the current pace of the country’s economic recovery led by consumption. https://www.wsj.com/articles/chinas-pboc-keeps-one-year-loan-prime-rate-steady-4f1036bd
Read MoreMan Sentenced to 10 Months for Leaving Nooses and Racist Notes
New York Times Kenneth D. Pilon, 62, pleaded guilty in December to willfully intimidating and attempting to intimidate citizens from engaging in lawful speech and protests in support of the Black Lives Matter movement in 2020. https://www.nytimes.com/2023/04/19/us/blm-hate-crimes-man-sentenced.html
Read MoreAustralia Plots Biggest Shakeup of Central Bank in Decades
Wall Street Journal Changes to the Reserve Bank include the creation of an expert policy committee that mirrors that of Canada and the U.K. https://www.wsj.com/articles/australia-plots-biggest-shake-up-of-central-bank-in-decades-667bdb27
Read MorePoland Marks 80th Anniversary of Warsaw Uprising
Wall Street Journal Ceremonies Wednesday marked the 80th anniversary of the Warsaw Ghetto Uprising, honoring the hundreds of Jewish insurgents who took up arms in the Polish capital in 1943 in a desperate battle against Nazi German forces. Photo: Wojtek Radwanski/Agence France-Presse/Getty Images https://www.wsj.com/articles/poland-marks-80th-anniversary-of-warsaw-uprising-d827f088
Read MoreThe End of Netflix’s DVD Service: a Look Back at the Red-Envelope Era
Wall Street Journal After 25 years, the streaming giant plans to stop mailing physical titles later this year. https://www.wsj.com/articles/the-end-of-netflixs-dvd-service-a-look-back-at-the-red-envelope-era-e2446acd
Read MoreMan Sentenced to 10 Months for Leaving Nooses and Racist Notes
New York Times Kenneth D. Pilon, 62, pleaded guilty in December to willfully intimidating and attempting to intimidate citizens from engaging in lawful speech and protests in support of the Black Lives Matter movement in 2020. https://www.nytimes.com/2023/04/19/us/man-sentenced-to-10-months-for-leaving-nooses-and-racist-notes.html
Read MoreOil Falls; Demand Outlook Remains in Focus
Wall Street Journal Oil was lower in early Asian trade, extending overnight declines amid lingering concerns on the outlook for energy demand. https://www.wsj.com/articles/oil-falls-demand-outlook-remains-in-focus-b0331c5a
Read MoreGold Flat in Morning Trade
Wall Street Journal Gold was little changed in early Asian trade, after declining overnight on a stronger U.S. dollar amid calls from some Fed officials for further interest-rate increases. https://www.wsj.com/articles/gold-flat-in-morning-trade-ba43d889
Read MoreAustralian Treasurer Announces Biggest Reforms to RBA Since the 1990s
Wall Street Journal Australian Treasurer Jim Chalmers announced the biggest reforms of the Reserve Bank of Australia in three decades, moving to bolster the level of expertise involved in the setting of interest rates, while striking hard at what many critics say is the closed culture of the central bank. https://www.wsj.com/articles/australian-treasurer-announces-biggest-reforms-to-rba-since-the-1990s-31e31696
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