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Monthly Archives: March 2023

EU regulators distance themselves from Credit Suisse bond writedowns

Switzerland’s second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva. Fabrice Coffrini | AFP | Getty Images BRUSSELS — European regulators distanced themselves from the Swiss decision to wipe out $17 billion of Credit Suisse‘s bonds in the wake of the bank’s rescue, …

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China’s Premier Li Qiang seeks to rally Asia behind Beijing

China’s Premier Li Qiang addressed an international audience at Boao Asia forum in Boao, Hainan on March 30, 2023. Lintao Zhang | Getty Images News | Getty Images BO’AO, China — Chinese Premier Li Qiang sought to rally Asian countries behind China in his first public address to an international …

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commodities demand to exceed 2008 crisis-Fortescue

The Shoei Kisen Kaisha cargo ship Mineral Shikoku, heading for Tianjin, China, loaded with iron ore at the ship loading facility at Fortescue Metals Group berth in Port Hedland in the Pilbara region of Western Australia. Bloomberg | Bloomberg | Getty Images BO’AO, China — China’s post-pandemic reopening will boost …

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Singapore’s banking authority MAS says DBS outage is ‘unacceptable’

A DBS Group Holdings Ltd. logo atop an automated teller machine (ATM) at a bank branch in Singapore, on Wednesday, Feb. 17, 2021. Lauryn Ishak | Bloomberg | Getty Images SINGAPORE — Shares of Southeast Asia’s largest bank DBS Group were down 1.4% on Thursday, a day after a 10-hour …

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Beijing appears to relax scrutiny of giants like Alibaba

Beijing’s regulatory crackdown on the Chinese tech sector began in late 2020, wiping off more than a combined $1 trillion from the country’s biggest companies. There are now signs that the central government is softening its stance towards internet titans like Alibaba, in a move that could prove positive for …

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How borrowers can keep student loan payments on hold once bills resume

Riska | Istock | Getty Images Payments likely to resume within months The Education Department in November said student bills would resume 60 days after the litigation over its student loan forgiveness plan resolves. If the high court hasn’t ruled on the plan by the end of June, or if …

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Google reorganization in Assistant follows Bard launch, memo says

Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters Google is reshuffling the reporting structure of its virtual assistant unit — called Assistant — to focus more on Bard, the company’s new artificial intelligence …

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Best and worst states for paying off student loans

With the student loan payment pause set to expire this summer, borrowers should be preparing to start making payments again — or in some cases, for the first time. Plenty of factors can impact your personal situation and whether you’ll be able to keep up with your monthly payments. Your …

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Donald Trump is back on social media, and now what happens?

This illustration photo show the Facebook page of former President Donald Trump on a smartphone screen in Los Angeles, March 17, 2023. Chris Delmas | AFP | Getty Images On Friday, Donald Trump wrote a message on his Truth Social messaging platform that was reminiscent of the waning days of …

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12 fruits and vegetables with the most pesticides

We’re often told to avoid unhealthy foods like sugary cereals, but there are some fruits and vegetables that should also be met with caution. “Nearly 75 percent of non-organic fresh produce sold in the U.S. contains residues of potentially harmful pesticides,” according to the Environmental Working Group, a nonprofit organization …

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