Explainer-China’s RedNote: what you need to know about the app TikTok users are flocking to
BEIJING (Reuters) – Chinese social media app RedNote has been thrust into the limelight after more than half a million TikTok users recently joined the platform in protest against a likely imminent ban on the short video app in the
TikTok prepares for immediate US shut-off on Sunday – The Information
Investing.com– TikTok, the widely popular short-video platform, is bracing for a potential shutdown in the United States as early as this Sunday, The Information reported on Wednesday citing sources familiar with the matter. This development follows heightened scrutiny and increasing pressure
UK inflation falls to 2.5%, core price measures slow by more
LONDON (Reuters) -British inflation unexpectedly slowed to an annual rate of 2.5% in December from 2.6% in November and core measures of inflation watched closely by the Bank of England fell more sharply, official figures showed on Wednesday. Economists polled by
Column-Restive bonds still have a balance sheet backstop: Mike Dolan
By Mike Dolan LONDON (Reuters) – There’s always the balance sheet. Battered bond markets are frantically repricing government borrowing costs to levels not seen for decades, raising fears that these ructions may undermine broader markets and even economies. The fundamental causes of the
Japan finance minister flags action against excessive foreign exchange movement
TOKYO (Reuters) -Japan Finance Minister Katsunobu Kato on Wednesday reiterated that the government would take appropriate action against excessive movement on the foreign exchange market, as the yen has seen high volatility ahead of a key monetary policy meeting. “As I