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13876 articles published since 08 Mar 2022

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Asian markets lifted by US data and fresh rate cut hopes
Asian markets lifted by US data and fresh rate cut hopes
Economy

Asian markets rose Thursday after US data provided a fresh indicator that inflation was easing and Federal Reserve boss Jerome Powell soothed worries about the bank's plans to cut interest rates this year. But those concerns were allayed somewhat Wednesday when Powell said he still saw cuts coming this year.

Apple explores making personal robots: report
Apple explores making personal robots: report
Technology

Apple engineers are working on making personal robots, a report said on Wednesday, just weeks after the iPhone-maker abandoned its efforts to develop an electric car. Apple recently abandoned its ambitions to produce an electric car, according to US media reports, ending a struggling decade-long project.

US Fed should avoid climate change 'mission creep': Powell
US Fed should avoid climate change 'mission creep': Powell
Economy

The Federal Reserve should avoid tackling politically-charged issues like climate change without Congressional approval if it is to maintain public trust in the institution, the head of the US central bank said Wednesday. The Fed should avoid "mission creep" in order to "maintain the public's trust" in the institution, Powell said.

Disney investors to vote on winner in succession proxy war
Disney investors to vote on winner in succession proxy war
Economy

Disney shareholders will deliver a verdict later Wednesday in the company's long-running struggle over leadership at one of the spring's most costly and closely-watched annual meetings. "The root cause of Disney's underperformance... is a board that is too closely connected to a long-tenured CEO and too disconnected from shareholder interests," Trian said in December.

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