Biden keeps Powell as U.S. Fed chair, names Brainard vice chair - BNN Bloomberg

Biden keeps Powell as U.S. Fed chair, names Brainard vice chair - BNN Bloomberg: President Joe Biden selected Jerome Powell for a second four-year term as U.S. Federal Reserve chair and elevated Governor Lael Brainard to vice chair, maintaining consistency at the central bank as it grapples with the fastest inflation in three decades and the lingering effects of the coronavirus.

Biden Reminded Xi He Voted for Taiwan Law During Summit - BNN Bloomberg

Biden Reminded Xi He Voted for Taiwan Law During Summit - BNN Bloomberg: U.S. President Joe Biden reminded Chinese President Xi Jinping that he voted as a senator to support Taiwan’s self-defense when the two discussed the island in a virtual summit Monday, National Security Adviser Jake Sullivan said.

Powell risks rerun of 1960s inflation from confusing jobs market - BNN Bloomberg

Powell risks rerun of 1960s inflation from confusing jobs market - BNN Bloomberg: In the late 1960s, U.S. economic policy makers misjudged how hot they could run the jobs market without fanning inflation. The miscue paved the way for an economically debilitating wage-price spiral the following decade.

Mystery of Who Invented Bitcoin Hangs Over Scientist’s Trial - BNN Bloomberg

Mystery of Who Invented Bitcoin Hangs Over Scientist’s Trial - BNN Bloomberg: Cryptocurrency enthusiasts may be disappointed if they’re expecting a three-week trial in Miami federal court to finally establish the true identity of Satoshi Nakamoto, the pseudonymous creator of Bitcoin.But curiosity seekers will nonetheless be drawn to watch Australian computer scientist Craig Wright, the self-described inventor of Bitcoin, defend himself against claims that he swindled the estate of a deceased Florida man of its share of some $65 billion of the peer-to-peer currency and int

Merkel’s Parting Words to the EU: ‘There’s a Lot to Worry About’ - BNN Bloomberg

Merkel’s Parting Words to the EU: ‘There’s a Lot to Worry About’ - BNN Bloomberg: (Bloomberg) -- Chancellor Angela Merkel said the European Union faces “a whole array of unsolved problems” at what was likely her final summit, striking a somber tone that contrasted with a celebratory send-off by the bloc’s leaders.

Merkel Dismisses Russian Role in Europe’s Energy Price Crisis - BNN Bloomberg

Merkel Dismisses Russian Role in Europe’s Energy Price Crisis - BNN Bloomberg

'A very important market': Why Infosys chose Canada for new innovation hub - BNN Bloomberg

'A very important market': Why Infosys chose Canada for new innovation hub - BNN Bloomberg: A top executive at global tech consultancy Infosys Ltd. said the company is on track to reach its goal of employing 4,000 Canadians by 2023 after boosting its Toronto-area presence to meet growing customer demand.

China’s Regulatory Crackdowns Are Already Hurting the Economy - BNN Bloomberg

China’s Regulatory Crackdowns Are Already Hurting the Economy - BNN Bloomberg: China’s campaign to clamp down on industries ranging from steel to education to property has roiled financial markets and curbed the outlook for growth in the world’s second-largest economy.

Inside China's Accelerating Bid for Chip Supremacy

Biden aims to dismantle weapons richest 0.1% use to avoid taxes - BNN Bloomberg

Biden aims to dismantle weapons richest 0.1% use to avoid taxes - BNN Bloomberg: An unpleasant surprise for wealthy Americans was lurking halfway through a 114-page document released by the U.S. Treasury late last month.

China growth decouples from credit, with global implications - BNN Bloomberg

China growth decouples from credit, with global implications - BNN Bloomberg: Chinese manufacturer Lou Zhongping is being bombarded with offers of new loans from banks and government officials, attention that he says is finally coming to smaller businesses like his own.

'It takes time': Carney preaches patience on energy transition - BNN Bloomberg

'It takes time': Carney preaches patience on energy transition - BNN Bloomberg: Former Bank of Canada and Bank of England Governor Mark Carney doesn’t think Canada should turn its back on fossil fuels just yet.

G-7 eyes ambitious shift to electric cars and away from oil - BNN Bloomberg

G-7 eyes ambitious shift to electric cars and away from oil - BNN Bloomberg: Group of Seven leaders are discussing ambitious plans to shift the balance of car buying away from gasoline to greener vehicles by the end of the decade, as part of a package of measures to combat climate change.

Chrystia Freeland is trying to supercharge Canada's growth - BNN Bloomberg

Chrystia Freeland is trying to supercharge Canada's growth - BNN Bloomberg: To repair the economic damage wrought by the pandemic, the finance minister is using lessons from her journalism career and the collapse of the Soviet Union.

Elon Musk's Mars ambition could be the riskiest human quest ever - BNN Bloomberg

Elon Musk's Mars ambition could be the riskiest human quest ever - BNN Bloomberg: More than half a century after Neil Armstrong took mankind’s giant leap on the moon, another space race is heating up. This time, the promising new frontier for Earthlings is Mars, the planet next door.

The next Silicon Valley is in China -- Pascal's China Lens week 43

Self-driving cars pose crucial question: Who to blame in a crash - BNN Bloomberg

Self-driving cars pose crucial question: Who to blame in a crash - BNN Bloomberg: A debate over who to blame -- or sue -- when a self-driven car hits someone is holding up legislation the industry says it needs to advance.

Pandemic linked to 15 per cent drop in fossil fuel use in 2020: energy regulator - BNN Bloomberg

Pandemic linked to 15 per cent drop in fossil fuel use in 2020: energy regulator - BNN Bloomberg: In a report that's consistent with updates over the past year from refiners such as Imperial Oil Ltd. and Suncor Energy Inc., the federal regulator says gasoline consumption volumes fell the most in 2020, followed closely by jet fuel, then diesel fuel, with consumption of all three fuels bottoming out in April 2020.

The world economy is suddenly running low on everything - BNN Bloomberg

The world economy is suddenly running low on everything - BNN Bloomberg: ‘It is anything but efficient or normal.’ Surging corporate demand is upending global supply chains.

Warren Buffett wants to make you happier, smarter and richer - BNN Bloomberg

Warren Buffett wants to make you happier, smarter and richer - BNN Bloomberg: There was no digital confetti, and no free stock for joining either. Nevertheless, the Warren Buffett and Charlie Munger show out in Los Angeles proved to be good theatre — filled with wit and wisdom from two of the world’s most successful investors.

Apple raises U.S. investments over five years to US$430B - BNN Bloomberg

Apple raises U.S. investments over five years to US$430B - BNN Bloomberg: Apple Inc. is increasing its U.S. investments by 20 per cent over the next five years, allocating US$430 billion to develop next-generation silicon and spur 5G innovation across nine U.S. states, after outstripping its growth expectations during the pandemic.

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張忠謀:陸非對手慎防韓國 台灣「難」有下個護國神山│TVBS新聞

Putin, Xi, Pope Francis join 40 leaders at Biden's climate summit - BNN Bloomberg

Putin, Xi, Pope Francis join 40 leaders at Biden's climate summit - BNN Bloomberg: ​President Joe Biden is bringing together dozens of foreign leaders along with corporate executives, union heads and Pope Francis in a two-day virtual summit meant to invigorate the global fight against climate change and restore U.S. credibility on the issue.

Bank of Canada pares bond purchases, sees rate hikes earlier - BNN Bloomberg

Bank of Canada pares bond purchases, sees rate hikes earlier - BNN Bloomberg: The Bank of Canada announced that it will pare back asset purchases by one-quarter and indicated that it’s moving up its expected timeline for interest-rate hikes, citing a stronger-than-expected rebound from the pandemic.

US$12.3 trillion in stimulus killed the debt default cycle - BNN Bloomberg

US$12.3 trillion in stimulus killed the debt default cycle - BNN Bloomberg: It’s fair to say that US$12.3 trillion of stimulus seems to have killed off the U.S. credit default cycle. Almost all fear of bankruptcy has been obliterated from debt markets even though the global economy is still struggling under the worst health crisis in a century.

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Former bank governor Mark Carney among featured speakers at Liberal convention - BNN Bloomberg

Former bank governor Mark Carney among featured speakers at Liberal convention - BNN Bloomberg: Mark Carney, long touted as a potential Liberal leader one day, will be a keynote speaker at the federal party's convention later this week.

Tech group says China poised to top U.S. without new migrants - BNN Bloomberg

Tech group says China poised to top U.S. without new migrants - BNN Bloomberg: The U.S. risks losing its status as the world’s largest economy to China by the end of the decade if it doesn’t increase legal immigration, according to a study released Wednesday by a tech group that favors admitting more foreign workers.

Yellen to urge global minimum company tax to stop venue-hopping - BNN Bloomberg

Yellen to urge global minimum company tax to stop venue-hopping - BNN Bloomberg: Treasury Secretary Janet Yellen will argue Monday for a global corporate minimum tax rate as she pushes President Joe Biden’s plans to raise levies on U.S. companies, a person familiar with her remarks said.

Biden infrastructure plan would boost electric cars, clean power - BNN Bloomberg

Biden infrastructure plan would boost electric cars, clean power - BNN Bloomberg: President Joe Biden is calling for sweeping investment in electric vehicles, renewable power and the electric grid as part of a broad blueprint to bolster the U.S. economy while combating climate change.

Peter Schiff: Fed is trapped; will either bankrupt the government or the...

One of world’s greatest hidden fortunes is wiped out in days - BNN Bloomberg

One of world’s greatest hidden fortunes is wiped out in days - BNN Bloomberg: From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the world’s greatest fortunes.

Intel CEO charts comeback on foundry model TSMC mastered - BNN Bloomberg

Intel CEO charts comeback on foundry model TSMC mastered - BNN Bloomberg: Intel Corp. unveiled a grand plan Tuesday to restore its past chipmaking glory. To succeed, new Chief Executive Officer Pat Gelsinger must embrace a strategy the old Intel never dreamed of: playing nice with rivals.

Fiery start to U.S.-China talks shows acrimony is here to stay - BNN Bloomberg

Fiery start to U.S.-China talks shows acrimony is here to stay - BNN Bloomberg: The first face-to-face meeting between the U.S. and China since President Joe Biden took office was bound to be confrontational. The question now is whether the two sides can find a way cooperate after unloading so many grievances in public.

Second round of China-U.S. official talks concludes in Alaska

More than three-quarters of CEOs confident about global economy in 2021: PwC survey - BNN Bloomberg

More than three-quarters of CEOs confident about global economy in 2021: PwC survey - BNN Bloomberg: A survey of more than 5,000 chief executives globally suggests record optimism about economic growth a year after the World Health Organization declared COVID-19 a global pandemic.

What we learned from China's biggest political meeting - BNN Bloomberg

What we learned from China's biggest political meeting - BNN Bloomberg: China’s highest-profile political meeting of the year concluded Thursday, with the government laying out economic plans to manage risks now that a recovery from the coronavirus pandemic is well underway.

Huawei to start demanding 5G royalties from smartphone giants - BNN Bloomberg

Huawei to start demanding 5G royalties from smartphone giants - BNN Bloomberg: Huawei Technologies Co. will begin charging mobile giants like Apple Inc. a “reasonable” fee for access to its trove of wireless 5G patents, potentially creating a lucrative revenue source by showcasing its global lead in next-generation networking.

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The economy looks set to roar, and that worries investors - BNN Bloomberg

The economy looks set to roar, and that worries investors - BNN Bloomberg: Rising Treasury yields are roiling bond markets. But there’s little sign of inflation, and the economy has a lot of lost ground to make up.

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Haunted by 2008, China and U.S. diverge on stimulus plans - BNN Bloomberg

Haunted by 2008, China and U.S. diverge on stimulus plans - BNN Bloomberg: The U.S. and China are pursuing divergent economic policies in the aftermath of the coronavirus recession in a role reversal from last time the world economy was recovering from a shock.

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2月1日，李显龙当面警告拜登，全中国沸腾！他竟如此评价中美关系，美欧日俄震惊

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How China won Trump's trade war and got Americans to foot the bill - BNN Bloomberg

How China won Trump's trade war and got Americans to foot the bill - BNN Bloomberg: U.S. President Donald Trump famously tweeted that “trade wars were good, and easy to win” in 2018 as he began to impose tariffs on about US$360 billion of imports from China. Turns out he was wrong on both counts.

U.S. Chamber of Commerce head blasts Trump for 'completely inexcusable' conduct - BNN Bloomberg

U.S. Chamber of Commerce head blasts Trump for 'completely inexcusable' conduct - BNN Bloomberg: The head of the largest business lobby in the U.S. condemned President Donald Trump on Tuesday for encouraging a mob of supporters who stormed the U.S. Capitol last week.