DIRS.INFO The most relevant business & tech news

☆ Australia hurt by inflation but unlikely to enter recession - NAB CEO
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +2 min

A customer looks at products marked with discounted prices on display at a chemist in a shopping mall in central Sydney, Australia, July 25, 2018. "Inflation, while slowing, has hurt Australians more during the past 18 months than it has for three decades," National Australia Bank (NAB) CEO Ross McEwan said in a speech at the Australia-Israel Chamber of Commerce. "There is a lot of discussion as to whether Australia will head into a recession as we do have many headwinds. NAB and the three other large lenders which dominate Australia's A$2 trillion ($1.3 trillion) mortgage market have recorded only modest increases in late repayments as unemployment remains near record lows. Immigration to Australia has returned to levels similar to before COVID-19 prompted global border closures, leading to a shortage of housing and underpinning prices.

Persons: David Gray, Ross McEwan, McEwan, Byron Kaye, Himani Sarkar Organizations: REUTERS, Rights, National Australia Bank, NAB, Israel Chamber of Commerce, Reserve Bank, Thomson Locations: Sydney, Australia, Israel, COVID, Lincoln

People walk past a Woolworths supermarket following the easing of restrictions implemented to curb the spread of the coronavirus disease (COVID-19) in Sydney, Australia, June 16, 2020. A day earlier, Coles said a cost blowout sent its underlying annual profit lower. Woolworths said its earnings margin from food was 6% in the year to end-June, from 5.3% a year earlier. The company gave no profit guidance except that growth in Australian food sales, its main earnings driver, remained strong although inflation was moderating. "We think the result will be taken well in the context of yesterday’s weaker result from Coles," Citi analysts said.

Persons: Loren Elliott, Coles, Brad Banducci, Jim Stanford, Byron Kaye, Nausheen, Archishma Iyer, Krishna Chandra Eluri, Stephen Coates, Muralikumar Organizations: Woolworths, REUTERS, JPMorgan, Macquarie Group, Citi, Centre, Future, Australia Institute, Thomson Locations: Sydney, Australia, Coles, Bengaluru

☆ Trump Allies May Be Kept Out of Fox News Spin Room After Trump Shuns Debate
▼ + stars: | 2023-08-22 | by ( Maggie Astor | More About Maggie Astor | ) www.nytimes.com time to read: +1 min

The memo, which was first reported by Axios, does not mention Mr. Trump, and the restrictions apply to all candidates who aren’t participating — a category that also includes those who didn’t meet the donor and polling thresholds to qualify. In practice, though, it will affect Mr. Trump more significantly than anyone else, since he is the front-runner in the Republican primary and is actively trying to snub the debate while still getting its benefits. Mr. Trump’s decision to skip the first Republican National Committee-sanctioned debate of the 2024 race was a slap in the face to both the party and Fox News. Mr. Trump has frequently complained about Fox News’s coverage of him. At least three senior members of Mr. Trump’s campaign — Chris LaCivita, Jason Miller and Steven Cheung — plan to attend the debate in person, The Times has reported.

Persons: Axios, Trump, Tucker Carlson, Chris LaCivita, Jason Miller, Steven Cheung —, Kari Lake, Trump’s, Donald Trump Jr, Marjorie Taylor Greene, Matt Gaetz, Byron Donalds of, Fox, ”, Caroline Wren Organizations: Republican, Republican National Committee, Fox News, Fox, Twitter, Times, Trump, NBC Locations: Arizona, Trump’s, Marjorie Taylor Greene of Georgia, Florida, Byron Donalds of Florida

☆ Trump seeks to steer attention away from first 2024 GOP debate as rivals make final preparations for Milwaukee
▼ + stars: | 2023-08-22 | by ( Eric Bradner | ) edition.cnn.com time to read: +11 min

As his rivals prepare for the two-hour showdown on Fox News, Trump’s campaign is attempting to counter-program the debate. But Trump’s son Donald Trump Jr. and other surrogates planned to travel to Milwaukee, where they would have had opportunities to weigh in on national broadcasts before and after the debate in the spin room. Ahead of the debate, some candidates are offering previews of their lines of attack – including criticizing Trump for choosing not to participate. “Every one of us who have qualified for that debate stage ought to be on the stage willing to square off and answer those tough questions,” Pence said. Overall, 42% say Trump is their first choice, followed by 19% supporting DeSantis.

Persons: he’s, Donald Trump, Trump, Tucker Carlson, Carlson, Donald Trump Jr, Kari Lake, Byron Donalds, Matt Gaetz, Jason Miller, Steven Cheung, Chris LaCivita, Ron DeSantis, “, ” DeSantis, DeSantis, DeSantis –, –, “ We’ll, Vivek Ramaswamy, Chris Christie, it’s, Ramaswamy, Nikki Haley, Haley, Russell Brand, Vivek —, ” Haley, ”, Christie, Florida Sen, Marco Rubio, Rubio, ” Christie, Carolina Sen, Tim Scott, Mike Pence, ” Pence, Iowa GOP caucusgoers, Scott, Pence, Doug Burgum, Will Hurd, caucusgoers, Chris Sununu, Sununu, “ Trump Organizations: CNN, Republican, GOP, Fox News, Former Arizona, RNC, Trump, Florida Gov, New, New Jersey Gov, PAC, South, United Nations, Twitter, ABC, Des Moines Register, NBC, Iowa GOP, North Dakota Gov, Texas Rep, Selzer, New Hampshire Gov Locations: Milwaukee, Bedminster , New Jersey, Florida, Georgia, Fulton County, New Jersey, South Carolina, Israel, America, Miami, Tallahassee, Carolina, – Iowa, New Hampshire, Nevada, Des, Iowa, By New Hampshire

☆ Proud Boys’ Enrique Tarrio, Joseph Biggs Should Get 33 Years Each, Government Says
▼ + stars: | 2023-08-18 | by ( Byron Tau | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/politics/national-security/proud-boys-enrique-tarrio-joseph-biggs-should-get-33-years-each-government-says-e5bd3ec9

Persons: Dow Jones, enrique, tarrio, joseph, biggs

☆ Proud Boys Enrique Tarrio, Joseph Biggs Should Get 33 Years Each, Government Says
▼ + stars: | 2023-08-18 | by ( Byron Tau | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/us-news/law/proud-boys-enrique-tarrio-joseph-biggs-should-get-33-years-each-government-says-e5bd3ec9

Persons: Dow Jones, enrique, tarrio, joseph, biggs

☆ Donald Trump Is Likely to Try to Move Georgia Case to Federal Court. It Could Work.
▼ + stars: | 2023-08-18 | by ( Jan Wolfe | Byron Tau | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/us-news/donald-trump-georgia-indictment-federal-court-157367af

Persons: Dow Jones, donald Locations: georgia

In an interview, O'Leary said this would not deter JetZero and its radical design. The Air Force said materials and manufacturing advances have made production more attainable. Whereas Boeing aimed to commission new engines for its abandoned project, JetZero says aerodynamic savings allow it to exploit existing models. Capital Alpha Partners analyst Byron Callan said the decision to back JetZero suggested Air Force "frustration" with traditional aerospace companies' use of cash to favor shareholders rather than bigger developmental risks. "One way to potentially change behaviors is to award contracts to smaller firms like JetZero," he wrote.

Persons: Carlos Barria, Tom O'Leary, O'Leary, they're, NORTHROP, Northrop Grumman, Ron Epstein, Byron Callan, JetZero, Valerie Insinna, Tim Hepher, Mark Potter Organizations: Pentagon, REUTERS, Rights, U.S . Air Force, The Air Force, Boeing, Airbus, Reuters, Air Force, Bank of America, Pratt, Capital Alpha Partners, Force, Thomson Locations: Arlington , Virginia, U.S, California, Asia, Kosovo

The source said Carlson is "always in discussions" with all the candidates, and nothing is firmly set with Trump and Carlson. The New York Times first reported on Trump's plans to skip the debate for an interview with Carlson. Republican National Committee Chairwoman Ronna McDaniel said Thursday that she believed Trump will sign the pledge if he decides to debate. In a post to his social media platform, Truth Social, on Thursday Trump touted his poll numbers as a reason not to participate in the GOP debate. Chris Christie, a GOP presidential candidate who has qualified for the debate, said, "not going?

Persons: Donald Trump, Tucker Carlson, Carlson, Trump, Ronna McDaniel, He's, McDaniel, NewsNation's Blake Burman, Mike Pence's, Jack Smith's, Pence, Chris Christie, Marjorie Taylor Greene, Matt Gaetz, Byron Donalds Organizations: Alabama GOP, GOP, Fox News, Trump, NBC, New York Times, eventual GOP, Republican, South, RNC, Thursday Trump, BEST, MAKE, Former New Jersey Gov, The New York Times, — Locations: Montgomery , Ala, Europe, South Carolina, Wisconsin, Georgia, Marjorie Taylor Greene of Georgia, Florida, Milwaukee

Corinne RameyCorinne Ramey is a reporter covering federal law enforcement and white-collar crime. She frequently writes about investigations and criminal cases brought by federal prosecutors in Manhattan and Brooklyn, including those related to public corruption and financial crime. She also covers New York investigations into Donald Trump and his family business. Cory previously covered state courts and economic development for the Journal's Greater New York section. Before joining the Journal in 2015, she worked as a professional violist.

Persons: Corinne Ramey Corinne Ramey, Donald Trump, Cory Locations: Manhattan, Brooklyn, New York, Dayton , Ohio

☆ Trump and His Orbit: The Scope of Georgia’s Election Case Explained
▼ + stars: | 2023-08-17 | by ( Byron Tau | Kara Dapena | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/trump-georgia-indictment-co-defendants-d4ab3538

Persons: Dow Jones Locations: georgia

☆ Who is Travis King, and what comes next for the US soldier in North Korea?
▼ + stars: | 2023-08-16 | by ( Brad Lendon | ) edition.cnn.com time to read: +9 min

Picture of Travis King, the US soldier who ran across the military demarcation line into North Korea on Tuesday July 18. From Travis King/FacebookThe day before he crossed into North Korea, King was supposed to board a flight to Texas, where he was to face disciplinary procedures. The last American known to be held by North Korea was Bruce Byron Lowrance, who, according to North Korean state media, crossed from China into North Korea in 2018. While in North Korea, he appeared in propaganda films, taught the country’s spies English and spent up to eight hours a day studying the writings of North Korean leaders. He was allowed to leave North Korea in 2004, two years after his Japanese wife, who was kidnapped from her home in Japan in 1978 and left North Korea under a deal between Pyongyang and Tokyo.

Persons: Travis King “, ”, King, Travis King, Bryce Dubee, Christine Wormuth, King “, ” Jaqueda, King’s, “, Claudine Gates, Jonathan Franks, Donald Trump, Kim Jong Un, Trump, Kim, KCNA, Washington “, Private King, Bruce Byron Lowrance, Lowrance, Otto Warmbier, Warmbier, Charles Jenkins, Jenkins Organizations: South Korea CNN, Joint Security Area, North, US, CNN, 6th Squadron, 1st Cavalry Regiment, 1st Brigade Combat, Armored Division, Army, Incheon International, Aspen Security, South Korean, US Navy, Korean Central News Agency, U.S . Army, Washington, Private, Swedish Embassy, Central Intelligence Agency Locations: Seoul, South Korea, North Korea, Korean, Korea, Fort Bliss , Texas, Texas, Incheon, United States, ” Jaqueda Gates, Pyongyang, Washington, Busan, Japan, North, Maryland, Swedish, China, American, Tokyo

☆ Who Are Trump’s Co-Defendants in the Georgia RICO Case?
▼ + stars: | 2023-08-15 | by ( Isaac Yu | Byron Tau | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/who-are-trumps-co-defendants-in-the-georgia-rico-case-73b56354

Persons: Dow Jones Locations: georgia, rico

☆ 'I fully expected the downfall': Former Florida GOP chairman says the more people meet DeSantis 'the more they are not going to like him'
▼ + stars: | 2023-08-14 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

He's the latest former DeSantis ally to take a shot at the governor's struggling presidential campaign. Gruters told The Washington Post that he "fully expected the downfall" of DeSantis' campaign. DeSantis' campaign has clearly struggled early on. Rep. Byron Donalds, another former DeSantis ally who also endorsed Trump, said he knew that DeSantis just didn't excel at building relationships. A representative for DeSantis' campaign did not immediately respond to a request for comment.

Persons: Joe Gruters, Ron DeSantis, Gruters, It's, DeSantis, Donald Trump, Byron Donalds, Trump, Donalds, Paul Renner, He's, I'm, Renner Organizations: Florida GOP, Gov, Washington Post, Service, Former, Former Florida GOP, Trump, Florida Republican, Republican, GOP, Florida's Locations: Florida, Wall, Silicon, Former Florida, Washington

☆ Trump seizes the spotlight at Iowa State Fair
▼ + stars: | 2023-08-13 | by ( Eric Bradner | ) edition.cnn.com time to read: +3 min

CNN —Former President Donald Trump seized the spotlight at the Iowa State Fair this weekend, swooping overhead in his private plane just as his chief Republican rival, Florida Gov. The 2024 Republican presidential race played out in close quarters as Trump and DeSantis joined the crowd of thousands. Trump had traveled to Iowa with an entourage largely designed to troll DeSantis. “Iowa pork is delicious & provides nearly 1 in 10 working Iowans a job, but Ron DeSantis would be an utter catastrophe for Iowa,” the flyer said. The former president made his way to the famous “pork chop on a stick” stand while onlookers chanted “USA.”Unlike DeSantis, Trump did not grill pork chops himself.

Persons: Donald Trump, Ron DeSantis, DeSantis, Trump, Gus Bilirakis, Byron Donalds, Matt Gaetz, Carlos Gimenez, Brian Mast, Cory Mills, Anna Paulina Luna, Greg Steube, Mike Waltz, MAGA, “ Donald J, “ We’re, ”, ” DeSantis, Biden Organizations: CNN, Republican, Florida Gov, Trump, Fair, Democratic Party, Republicans, GOP, Flyers, ”, DeSantis Locations: Iowa, Des Moines, Florida

☆ Reactions to appointment of a special counsel in Hunter Biden case
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +6 min

Weiss said Hunter Biden may be headed for trial on criminal charges after talks on a potential plea deal reached an impasse. If Weiss negotiated the sweetheart deal that couldn’t get approved, how can he be trusted as a Special Counsel? Garland appointing Weiss as a sham special counsel on Hunter is a way to block info from Congress while claiming they're investigating. The Biden Justice Department is trying to stonewall congressional oversight as we have presented evidence to the American people about the Biden family's corruption." REPUBLICAN REPRESENTATIVE LAUREN BOEBERT ON X:"Merrick Garland just announced that he will appoint US Attorney Weiss as Special Counsel to look into Hunter Biden's matters.

Persons: Hunter Biden, Joe Biden, Jonathan Ernst, General Merrick Garland's, David Weiss, Joe Biden's, Weiss, KEVIN MCCARTHY, Biden, couldn’t, DICK DURBIN, Garland, Biden’s, Trump, Trump’s, STEVE SCALISE, Hunter, STEVEN CHEUNG, DONALD TRUMP, RUSSELL, JIM JORDAN, David Weiss can’t, JAMES COMER, General Garland, Biden's, LINDSEY GRAHAM, you've, BYRON DONALDS, LAUREN BOEBERT, Merrick Garland, I'm, NIKKI HALEY, Moira Warburton, David Morgan, Josephine Walker, Jasper Ward, Howard Goller Organizations: REUTERS, TWITTER, DOJ, Republicans, DEMOCRATIC, Justice Department, U.S, Justice Department’s, Biden, REPUBLICAN, Biden Justice Department, FOX, Biden Fam, US, Department of Justice, Thomson Locations: Wilmington , Delaware, U.S, Delaware, Washington

☆ Reactions to appointment of a US special counsel in Hunter Biden case
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +6 min

Banks now must sacrifice profit to keep customers who are struggling to make repayments on time. Cash profit for the year ended June 30 rose 6% to A$10.16 billion, slightly ahead of analyst forecasts, but CBA put aside $A1.47 billion more in provisions due to "ongoing cost of living pressures and rising interest rates". CBA stopped offering cash payments for mortgage refinancings to lure new borrowers in June, which CEO Matt Comyn said had "weighed on our market share". CBA's mortgage book grew in line with the total market in 2023. The number of borrowers struggling to repay loans, while rising, remained below pre-pandemic levels "but these figures will rise", Comyn said.

Persons: Banks, Matt Comyn, Comyn, Australia's, Byron Kaye, Sameer Manekar, Anil D'Silva, Stephen Coates, Jamie Freed Organizations: CBA, SYDNEY, Commonwealth Bank of Australia, Citi, National Australia Bank, Westpac, ANZ Group, Thomson Locations: COVID, Sydney, Bengaluru

☆ These 9 Florida Republicans are coming to Iowa with Trump in an effort to troll DeSantis
▼ + stars: | 2023-08-09 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Nine Florida lawmakers will join Trump at the Iowa State Fair. This is just the latest way Trump has found to needle the Florida governor. The Iowa State Fair is a major event for presidential hopefuls, who often flip pork chops and gawk at the butter cow alongside Iowans and throngs of journalists. Trump previously raised eyebrows at 2015 State Fair when he offered children free helicopter rides. A representatives for DeSantis' campaign did not immediately respond to a request for comment.

Persons: Ron DeSantis, Trump, Donald Trump, Byron Donalds, Matt Gaetz, Gil Bilirakis, Carlos Gimenez, Brian Mast, Cory Mills, Anna Paulina Luna, Greg Steube, Mike Waltz, DeSantis, Vern Buchanan, John Rutherford, Daniel Webster, Donalds, Ditto, Gaetz, Kim Reynolds, Reynolds Organizations: Trump, Fair ., Fair . Florida Gov, Service, Nine, Fair, Florida, Des Moines Register, Florida U.S, House, Capitol, Iowa, Iowa Gov Locations: Florida, Iowa, Fair . Florida, Wall, Silicon, Nine Florida, DeSantis

☆ Meet Russell Horwitz, the ex-Goldman partner who is stepping in as David Solomon's chief of staff at a vulnerable time for the CEO
▼ + stars: | 2023-08-08 | by ( Dakin Campbell | Kaja Whitehouse | ) www.businessinsider.com time to read: +7 min

Russell Horwitz has been named David Solomon's new chief of staff at a difficult time for the CEO. Russell Horwitz, a partner and former chief of staff to CEO Lloyd Blankfein, is returning to the firm after roughly two years away. Another, Jake Siewert, left Goldman for Warburg Pincus in June 2021. Horwitz left soon after. He has Washington experienceLike Rogers, Horwitz also has a past working in Washington DC.

Persons: Russell Horwitz, David Solomon's, Horwitz, Goldman, John F, Rogers, Goldman Sachs, Lloyd Blankfein, David Solomon, John Rogers, Jon Corzine, Ronald Reagan, Gerald Ford, Joshua Roberts, Solomon, John Waldron, Fiona Carter, Carter, Dina Powell McCormick, Gregg Lemkau, Byron Trott, Jake Siewert, Warburg Pincus, Blankfein, He's, Ken Griffin, John, David, Pablo Salame, Umesh Subramanian, Arthur Levitt Organizations: Goldman, The New York Times, Reuters, BDT, MSD Partners, Miami . Partners, Citadel, Citadel Horwitz, Washington DC, Securities and Exchange Commission, Clinton Locations: Miami, Citadel's, Washington

☆ What’s Next in the Trump Trials?
▼ + stars: | 2023-08-06 | by ( Byron Tau | Amara Omeokwe | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/donald-trump-trials-dates-georgia-case-7a098d1a

Persons: Dow Jones, donald Locations: georgia

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/trumps-donors-help-fund-his-legal-bills-becoming-windfalls-for-his-attorneys-9b119b1c

Persons: Dow Jones, 9b119b1c

☆ Analysis-China's stubborn savers risk precipitating liquidity trap
▼ + stars: | 2023-08-04 | by ( Winni Zhou | Rae Wee | ) www.reuters.com time to read: +5 min

“Based on Japan’s experience in the 1990s, there is the risk that China is entering a liquidity trap due to the risks of balance-sheet recession,” said Natixis’s chief economist for Asia Pacific Alicia Garcia Herrero. Fan Gang, a prominent economist and former adviser to the central bank, told a forum in June that China faces a liquidity trap but not a Japan-style deflationary morass. Yet about 180 domestic A-share companies say in their stock filings that they have invested in CDs this year. China’s 220 million retail stock investors, equivalent to Brazil’s population and the biggest drivers of daily moves, have kept to the sidelines this year. “I wouldn’t pour money into the stock market any time before I see a clear rising trend,” he said.

Persons: Florence Lo, ”, Asia Pacific Alicia Garcia Herrero, “, Byron Gill, ‘, ” Gill, Betty Wang, Wu, ” Wu, John Organizations: REUTERS, Companies, Asia Pacific, Pacific Opportunities Fund, U.S, Bank, ANZ, Eastroc Beverage, China Merchants Bank, Bank of Ningbo’s Locations: SHANGHAI, SINGAPORE, Japan, China, Bank, Shanghai

The logo of the ANZ Bank is seen at Lambton Quay, in Wellington, New Zealand November 10, 2022. "A substantial lessening of competition in home loans would have major flow-on impacts to Australians with a mortgage," he added. The companies said they would seek a review of the determination at the Australian Competition Tribunal, an offshoot of the federal court which oversees takeover rulings. Taking the deal to the competition tribunal would delay its completion to mid-2024, if the tribunal approved it, from the late 2023 timeline the companies gave when they announced it a year ago. The ANZ-Suncorp deal also needs sign-off from Treasurer Jim Chalmers who declined to comment.

Persons: Lucy Craymer, Mick Keogh, Gina Cass, Gottlieb, Jim Chalmers, Byron Kaye, Himanshi, Stephen Coates Organizations: ANZ Bank, REUTERS, ANZ, Suncorp, ANZ Group, Australian Competition, Consumer Commission, Australian Competition Tribunal, Citi, Telstra, TPG Telcom, Thomson Locations: Lambton Quay, Wellington , New Zealand, Melbourne, Sydney, Bengaluru

Analysts see the same lack of confidence in today's Chinese households and companies that Japan grappled with in the 1990s. But in China's case there is a key difference; there is no deflationary threat yet, nor have banks switched off lending. Fan Gang, a prominent economist and former adviser to the central bank, told a forum in June that China faces a liquidity trap but not a Japan-style deflationary morass. China's policymakers have cut rates and encouraged banks to lend more in efforts to revive economic growth after the pandemic. China's 220 million retail stock investors, equivalent to Brazil's population and the biggest drivers of daily moves, have kept to the sidelines this year.

Persons: Florence Lo, Asia Pacific Alicia Garcia Herrero, Byron Gill, Gill, Betty Wang, Wu, John, Winni Zhou, Rae Wee, Vidya Ranganathan, Shri Navaratnam Organizations: REUTERS, Companies, Asia Pacific, Pacific Opportunities Fund, U.S, Bank, ANZ, Eastroc Beverage, China Merchants Bank, Bank of Ningbo's, Thomson Locations: SHANGHAI, SINGAPORE, Japan, China, Bank, Shanghai, Singapore

Search resuls for: "byron"

25 mentions found