Author: Investor Empires
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Exclusive-Chinese entities turn to Amazon cloud and its rivals to access high-end US chips, AI By Reuters
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By Eduardo Baptista, Fanny Botkin and Karen Freifeld BEIJING/SINGAPORE/NEW YORK (Reuters) – Chinese state-linked entities are using cloud services provided by Amazon.com Inc or its rivals to access advanced U.S. chips and artificial intelligence capabilities they could not otherwise obtain, recent public tender documents show. The US government has restricted…
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Factbox-List of Chinese entities who have turned to the cloud for access to restricted US tech By Reuters
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(Reuters) – Chinese entities with ties to the state are using cloud services provided by Amazon.com Inc or its rivals to access advanced U.S. chips and artificial intelligence capabilities they could not otherwise obtain, recent public bidding documents show. Providing access to such technologies through the cloud does not violate…
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Bitcoin’s Role as Collateral in Real Estate Development Financing
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Boosting Creditworthiness with Bitcoin in a Debt-Heavy Economy Since US President Richard Nixon announced in 1971 that the US dollar would no longer be convertible into gold at a fixed rate, central banks around the world began operating a fixed exchange rate system. fiat monetary system With floating exchange rates…
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Bitcoin’s Role as Collateral in Real Estate Development Financing
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Boosting Creditworthiness with Bitcoin in a Debt-Heavy Economy Since US President Richard Nixon announced in 1971 that the US dollar would no longer be convertible into gold at a fixed rate, central banks around the world began operating a fixed exchange rate system. fiat monetary system With floating exchange rates…
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A bullish signal in the stock market is pointing to double-digit gains for the S&P 500 next year, research firm says
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Spencer Platt/Getty, Tyler Lee/PI The stock market showed a bullish technical indicator on Monday, according to Ned Davis Research. NDR strategist Ed Clissold noted that the market is in stage four of bottoming out as it approaches record highs. Since July, three broad bullish signals have emerged, indicating a strong…
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U.K.’s PMIs Showed Solid Private Sector Expansion In August
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S&P Global’s August Purchasing Managers’ Index (PMI) reports reflected strong expansions in UK private sector activity, with manufacturing jumping to a 26-month high and services rising to a four-month high. The composite index measuring the manufacturing and services sectors was also in the spotlight as it reached its highest levels…
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Bulls Must Hold $2,500, Spot ETF To Catalyze Demand
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Ethereum, like most altcoins, is under heavy selling pressure and is struggling to shake off the weakness it suffered in early August. Despite flashes of strength after the August 5 sell-off, prices remain below $2,800. The only positive thing at the moment, at least looking at the daily chart, is…
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Top economist Mohamed El-Erian says traders are too aggressive on Fed rate cut expectations
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Mohamed El-Erian said traders are overestimating the chances of the US Federal Reserve making sharp interest rate cuts before the end of the year. “It’s problematic in my mind that the market is pricing in a lot of price cuts right now,” said El-Erian, president of Queens’ College, Cambridge. Bloomberg…
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Top economist Mohamed El-Erian says traders are too aggressive on Fed rate cut expectations
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Mohamed El-Erian said traders are overestimating the chances of the US Federal Reserve making sharp interest rate cuts before the end of the year. “It’s problematic in my mind that the market is pricing in a lot of price cuts right now,” said El-Erian, president of Queens’ College, Cambridge. Bloomberg…
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BOJ Governor Ueda says concerns over US economy slowdown behind recent market rout
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Former FTX-tied politician accused of campaign finance crime
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Michelle Bond, the partner of former FTX CEO Ryan Salameh, has been charged with violating US campaign finance laws, according to an unsealed indictment. Michelle Bond, a former congressional candidate, accused Funding her failed 2022 New York House campaign with money from an unspecified cryptocurrency exchange based in the Bahamas.…
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Why adopting ESG principles are essential to business growth
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This is the “Decade of Action,” calling on all stakeholders to accelerate efforts to achieve the UN Sustainable Development Goals. The SDGs aim to address the challenges of poverty, climate change, and closing the financial gap between the world’s most vulnerable communities. However, the UN Sustainable Development Goals Report 2023…
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Australian regulator hikes ANZ’s capital requirements after bond trading misconduct By Reuters
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Australia’s prudential regulator said on Friday it had increased ANZ Group’s additional capital requirement to A$750 million ($502.73 million), stepping up its regulatory oversight after the bank recently admitted to providing incorrect bond trading data. The move by the Australian Prudential Regulation Authority (APRA), which represents an A$250 million increase…
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Private schools urge treasury to delay VAT implementation until September ’25
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Private school leaders have urged the Treasury to delay the introduction of VAT on school fees, warning that introducing the tax in January could lead to a significant mid-year increase in pupil numbers in the state sector, putting unsustainable pressure on already limited resources. Independent schools are set to raise…
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TA of the Day: Is GBP/USD’s Bull Run Sustainable? Watch These Critical Levels!
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the GBP/USD The pound has risen sharply over the past two weeks, but its rise has slowed slightly to near last year’s high of 1.3143. Despite the pair’s decline, the price action indicates a very strong bullish sentiment in GBP/USD pair. However, this optimism may be short-lived, as the less…
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TA of the Day: Is GBP/USD’s Bull Run Sustainable? Watch These Critical Levels!
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the GBP/USD The pound has risen sharply over the past two weeks, but its rise has slowed slightly to near last year’s high of 1.3143. Despite the pair’s decline, the price action indicates a very strong bullish sentiment in GBP/USD pair. However, this optimism may be short-lived, as the less…
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Hong Kong Spot Bitcoin ETFs Saw Highest Inflows in a Month
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Hong Kong-based bitcoin exchange-traded funds saw their largest inflow in more than a month today, highlighting Asia’s growing interest in bitcoin investment vehicles. Our new: ?? Hong Kong #Bitcoin ETFs saw $15 million in inflows today, the highest in a month. Slowly and steadily ? pic.twitter.com/Q83tjbS0ML — Bitcoin Magazine (@BitcoinMagazine)…
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Timbercreek Financial Declares August 2024 Dividend
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Article Content TORONTO, Aug. 22, 2024 (GLOBE NEWSWIRE) — Timbercreek Financial Corporation (TSX: TF) (the “Company”) is pleased to announce a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company, which will be paid on September 13, 2024 to holders of Common Shares of record on…
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UBS looks to fade rallies in the US dollar, move into other G10 currencies
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…