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Asian markets track Wall St gains ahead of key inflation data
Asian markets track Wall St gains ahead of key inflation data
Economy
by  AFP

Asian markets rose Thursday as investors gear up for the release of major US inflation data that could have a huge bearing on the Federal Reserve's timetable for cutting interest rates. "Our expectations are for headline inflation to continue to cyclically bottom well below three percent, possibly to 2.5 percent, and for the Fed to then start cutting rates sometime over the next six months."

Business trumps politics for Chinese companies at CES
Business trumps politics for Chinese companies at CES
Technology
by  AFP

Xiaoyu Fan smiled as she looked around a bustling China Pavilion at the Consumer Electronics Show Wednesday as gadgets like bladeless fans were displayed and deals were being made. Chinese titans like TCL and Hisense dazzled CES goers with stunning televisions while less well-known companies showed off robots, drones, electronic bikes, charging cables and much more.

US regulators authorize first bitcoin funds on public markets
US regulators authorize first bitcoin funds on public markets
Economy
by  AFP

US securities regulators gave the green light Wednesday to a group of bitcoin exchange-traded funds, a keenly anticipated decision expected to boost the cryptocurrency. Until Wednesday, investors seeking to invest in bitcoin had to open an account on a cryptocurrency exchange and transact through a traditional medium of exchange, such as the dollar.