The highlighted words in red are links to the news article.
August 23, 2021 (last updated at 8.15 am)
- Market news: Asian stocks look set to climb after US stocks closed higher in rally, with traders weighs in growth risks and awaits Jackson Hole symposium for clues on the Federal Reserve’s policy outlook.
- What is ahead this week: Federal Reserve Jackson Hole Economic Policy Symposium, personal spending and income.
- Jerome Powell’s chances for a second term gains momentum with Treasury Secretary Janet Yellen’s endorsement.
- Goldman Sachs Group, Bank of America Corp see bullish bets on emerging-market equities, after more than a decade of underperformance.
- US Vice President Kamala Harris to meet Singapore’s leaders to bolster ties, counter China’s growing influence.
- Bitcoin nears US$50,000 as it continues to rebound after months of weakness.
- Thai government approves US$93 billion spending plan as growth outlook dims.
- PayPal takes leap into the mostly unregulated world of cryptos, launches cryptocurrency service in the UK, allows British customers buy, hold and sell digital currencies.
- China passes new data rules to curb data collection by technology companies.
- QR codes have replaced physical menus, a change that many in the industry believe is likely permanent.
- SEEK, an Australian-listed technology company, announces a US$48 million investment in JobKorea, Korea’s largest online employment platform.
- Blue Origin has lost more than a dozen top talent after founder Jeff Bezos’ spaceflight.
- Microsoft delivers new system sounds for Windows 11 that might calm people down, not make them jumpy.