Bloomberg
Bloomberg
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Olympic gold medals are worth more than ever after cost of metals surged
Even after adjusting for inflation, the value of medals is still the highest ever, with Olympians benefiting from both the sharp rally in bullion prices and increasingly hefty medals
 "Olympic gold medals are worth more than ever after cost of metals surged")
US elections: Won't interfere with Fed in rebuke to Trump, says Harris
The Fed is an independent entity, and as president, I would never interfere in the decisions that the Fed makes, said Kamala Harris
 "US elections: Won't interfere with Fed in rebuke to Trump, says Harris")
Amid Bangladesh protests, here's a look at key people who will shape future
The inauguration of the temporary govt on Thursday brought to an end a four-day power vacuum after former Prime Minister Sheikh Hasina fled to India following street protests that left hundreds dead
 "Amid Bangladesh protests, here's a look at key people who will shape future")
Susan Wojcicki, internet pioneer at Google, Youtube passes away at 56
She announced plans in February 2023 to leave YouTube to focus on her family, health and personal projects
 "Susan Wojcicki, internet pioneer at Google, Youtube passes away at 56")
Bangladesh's central bank Governor Abdur Talukder resigns amid protests
Talukder stepped down Friday and cited personal reasons for this departure
 "Bangladesh's central bank Governor Abdur Talukder resigns amid protests")
TikTok shows less 'anti-China' content than other rival networks: Study
TikTok has faced intense scrutiny from US concerned about the Chinese government's influence
 "TikTok shows less 'anti-China' content than other rival networks: Study")
Kirin-backed Indian brewer B9 Beverages seeks more clout with new factory
B9 Beverages Ltd is building a new brewing facility in the north Indian state of Uttar Pradesh, which, once completed, will become India's biggest beer factory
 "Kirin-backed Indian brewer B9 Beverages seeks more clout with new factory")
Welcome to the 'yes, but' cycle of rate cuts
The global economy is on the cusp of a sustained easing, though not necessarily a dramatic sequence of rate cuts
 "Welcome to the 'yes, but' cycle of rate cuts")
Bangladesh's opposition party says Sheikh Hasina must face criminal charges
Hasina, one of Asia's longest-serving leaders, resigned and fled Bangladesh on Aug 5 under pressure from millions of protesters who had taken to the streets for weeks to demand she step down
 "Bangladesh's opposition party says Sheikh Hasina must face criminal charges")
PBOC studies plan to narrow rate fluctuation range, warns over bond risks
Chinese Bank also used report to sound warnings about the risks of what it considers a bond-market bubble, after an unprecedented rally sent yields so low that they could endanger financial stability
 "PBOC studies plan to narrow rate fluctuation range, warns over bond risks")
Bank of Japan's policy path filled with risks after global market turmoil
In some ways, investor complacency after such a long period of steady BOJ policy made the likelihood of jumpy markets inevitable when it came time for Japanese authorities to exit
 "Bank of Japan's policy path filled with risks after global market turmoil")
Elon Musk's riot tweets spur UK to seek tougher social media rules
Not to mention large amounts of racist content posted by other X users that UK officials say has helped fuel disturbances that have erupted in isolated pockets across country, particularly in north
 "Elon Musk's riot tweets spur UK to seek tougher social media rules")
Japan issues its first 'megaquake' warning after powerful tremors in Kyushu
A megaquake in what's known as the Nankai trough could surpass the damage from the March 2011 earthquake and tsunami that devastated the northern coast of the main island of Honshu
 "Japan issues its first 'megaquake' warning after powerful tremors in Kyushu")
One of world's youngest billionaires to double fortune on Ola IPO
Aggarwal, 38, added $1.4 billion to his wealth after shares of his SoftBank Group Corp.-backed Ola Electric jumped 16 per cent
 "One of world's youngest billionaires to double fortune on Ola IPO")
Saudi Arabia: MBS wants Hollywood's help to grow local film industry
Beyond attracting foreign producers, Saudi Arabia is hoping to plant the roots of its own industry, reflecting its values
 "Saudi Arabia: MBS wants Hollywood's help to grow local film industry")
After getting out of hand during Covid, subscription boom faces big test
A majority of US adults surveyed in March said they pay too much for subscriptions
 "After getting out of hand during Covid, subscription boom faces big test")
Temu owner's billionaire founder Colin Huang becomes China's richest person
Huang has mainly stayed out of the limelight after he stepped down as PDD's chief executive in 2020
 "Temu owner's billionaire founder Colin Huang becomes China's richest person")
Japanese govt issues its first 'megaquake' warning after powerful tremor
Defined as a major tremor occurring in 100- to 150-year cycles, a megaquake could surpass the damage from the March 2011 earthquake
 "Japanese govt issues its first 'megaquake' warning after powerful tremor")
Investors grow concerned with India's heatwaves as they hit earnings
The heatwave featured no fewer than 80 times in earnings calls for the quarter ended June
 "Investors grow concerned with India's heatwaves as they hit earnings")
Group of about 1,200 tech workers signs letter backing Kamala Harris
The letter called Harris an 'archetypical innovator' and 'champion of technology'
 "Group of about 1,200 tech workers signs letter backing Kamala Harris")
