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NEWS | 10 minutes ago China’s State Council announced fresh measures to step up the country’s economic growth late-Monday, in an effort to counter the trade war threats, Reuters reports. Key Measures: A tax cut targeting research spending. Bonds for infrastructure investment. “More proactive” fiscal policy, better coordinated with financial policy. Recall that the Chinese central bank (PBOC) also […]
NEWS | 15 minutes ago According to the Wall Street Journal, the Department of Homeland Security is warning that Russian hackers were able to brute-force their way into US utility control rooms, bypassing safeguards in a major breach of network security for the US homeland. Key quotes “Hackers working for Russia claimed “hundreds of victims” last year […]
DAVID SCUTT JUL 24, 2018 Activity levels across Japan’s manufacturing sector improved at the slowest pace since late 2016 in July. New export orders fell for a second month while new domestic orders were largely unchanged, hinting the slowdown may persist in the months ahead. Input prices surged, thanks in part to supply-chain disruptions, adding […]