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- PoliticsHuffPost
Ex-Trump Press Aide Breaks Down True Message Of His ‘Unhinged’ Comments
Sarah Matthews explained a tactic of the former president.
2-min read - BusinessAFP News
Yen drops, stock markets mixed as Japan hikes interest rates
The yen weakened and Tokyo stocks rose Tuesday after the Bank of Japan hiked interest rates for the first time in 17 years as it shifted away from its long-running ultra-loose monetary policy.While the moves were a major change from a long-running policy, Japanese stocks rose as the BoJ's comment that conditions would remain accommodative tempered fears of more hikes.
3-min read - NewsAFP News
Vietnam luxury property boss on trial in $355 mn bond scam
A top Vietnamese property tycoon went on trial Tuesday accused of cheating thousands of investors in a $355 million bond scam, in the communist nation's latest criminal case targeting high-flying business leaders.They are accused of illegally acquiring $355 million in a bond sale to 6,630 investors -- all of whom have been invited to attend the trial, which is expected to last around three weeks.
2-min read - PoliticsHuffPost
'This Is No Joke': Michael Cohen Reveals New Threat Posed By Trump's Cash Crunch
The former attorney to Trump called him "the single most dangerous thing" to national security.
2-min read - PoliticsHuffPost
Ex-Trump Aide Says This Letitia James Move Would 'Absolutely Devastate' Trump
"Those are his babies," said Stephanie Grisham.
1-min read - BusinessAFP News
Bank of Japan hikes rates for first time since 2007
Japan's central bank pulled the plug Tuesday on its ultra-aggressive monetary stimulus programme, hiking rates for the first time since the global financial crisis. The US Federal Reserve and other central banks yanked up rates to rein in inflation after Russia's 2022 invasion of Ukraine.
3-min read - BusinessAFP News
Easy does it: The Bank of Japan's experiment
The Bank of Japan announced a seismic change in direction on Tuesday, hiking interest rates for the first time in 17 years."Having failed to achieve the target within a committed two-year period, the BoJ had no other choice than to pursue further stimulative measures including the negative interest rate," Momma told AFP. - Spur lending - The negative interest rate of -0.1 percent -- hiked to between zero and 0.1 percent on Tuesday -- had been in place since 2016, effectively charging banks to ke
3-min read