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  • Business
    Bloomberg

    Asian Tech Stocks Gain, Yen in Range Before BOJ: Markets Wrap

    (Bloomberg) -- Asian technology shares rose following stellar earnings reports from Microsoft Corp. and Alphabet Inc. overnight. The yen traded in a narrow range before a Bank of Japan policy decision.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapAlphabet Beat

  • News
    The Canadian Press

    Tennessee lawmakers adjourn after finalizing $1.9B tax cut and refund for businesses

    NASHVILLE, Tenn. (AP) — Tennessee's GOP-controlled General Assembly on Thursday adjourned for the year, concluding months of tense political infighting that doomed Republican Gov. Bill Lee's universal school voucher push. But a bill allowing some teachers to carry firearms in public schools and one adding a nearly $2 billion tax cut and refund for businesses received last-minute approval. For months, Lee declared enacting universal school vouchers his top priority for the legislative session. At

  • Business
    Bloomberg

    Anglo’s Stumbles Make It Prey for Mining’s Biggest Predator

    (Bloomberg) -- When former boss Mark Cutifani left Anglo American Plc in mid-April 2022, things had rarely looked better for the century-old miner. Metals prices soared as the world emerged from lockdowns, the company had recently posted its best-ever annual profit and the popular industry veteran was handing over to a trusted lieutenant. Anglo stock hit a record the same day.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally Tha

  • Business
    Reuters

    Asia stocks, yen tentative with eyes on BOJ decision

    Asian shares rose cautiously on Friday as markets sobered up to the idea that U.S. rate cuts were most likely some time away, while the yen and Japanese government bonds struggled ahead of a closely watched policy decision by the Bank of Japan. Nasdaq futures advanced more than 1%, while S&P 500 futures rose 0.7%. The highlight of the Asia day was on the BOJ's rate decision at the conclusion of its two-day monetary policy meeting, as well as Governor Kazuo Ueda's news conference thereafter.