BEIJING (Reuters) – New bank loans in China rose more expected in March from the previous month due to strong corporate and household demand, as the central bank walks a tightrope between supporting the rapidly recovering economy and containing debt risks. Chinese banks extended 2.73 trillion yuan ($416.62 billion)in new yuan loans in March, up…
Australia government pledges A$8.5 billion to healthcare as election looms
Nvidia founder and CEO Jensen Huang said the market got it wrong when it comes to DeepSeek’s technological advancements and its potential to negatively impact the chipmaker’s business. Instead, Huang called DeepSeek’s R1 open source reasoning model “incredibly exciting” while speaking with Alex Bouzari, CEO of DataDirect Networks…
Apple on Friday released its first developer beta for iOS 18.4, which adds a new “Priority Notifications” feature, powered by Apple Intelligence. The addition aims to help users manage their notifications by prioritizing important alerts and minimizing distractions from less important ones. These priority notifications are displayed in a separate section on the phone’s Lock…
Social media giants Meta and X approved ads targeting users in Germany with violent anti-Muslim and anti-Jew hate speech in the run-up to the country’s federal elections, according to new research from Eko, a corporate responsibility nonprofit campaign group. The group’s researchers tested whether the two platforms’ ad review systems would approve or reject submissions…
Coinbase on Friday said the SEC has agreed to drop the lawsuit against the company with prejudice, meaning it cannot be filed again. The move, which is still subject to the approval of the SEC’s Commissioners, is yet another signal that the Trump administration plans to be more friendly to crypto than the SEC was…
Bo Jiang, co-founder and CEO of Lithic. For financial service businesses, scaling requires more than a great product; it demands careful navigation of challenges, partnerships and priorities. As someone who has co-founded and led a leading card issuing technology company from startup to $1 billion in total payment volume in just a decade, take it
getty The Eighth Circuit Court of Appeals has issued an injunction fully blocking the SAVE plan, the Biden administration’s attempt to slash student loan payments and forgive hundreds of billions of dollars’ worth of debt. The order marks another step towards the likely demise of the SAVE plan, as courts take a more skeptical view…
Gemini founders Cameron and Tyler Winklevoss attend Consensus 2019 at the Hilton Midtown on May 13, … [+] 2019 in New York City. (Photo by Steven Ferdman/Getty Images) Getty Images The Winklevoss twins are investing in the “ultimate underdog story.” The twins just finalized a deal that gives them part-ownership of a semi-professional football club…
Block shares drop as spending slowdown puts BNPL expansion in focus
US existing home sales fall more than expected in January