India’s finance ministry wants the Reserve Bank of India to set up a fund to buy out stressed assets of the country’s top 25 shadow lenders, a government source told reporters on Thursday.
Archives for 2019
Yen gains, yuan falls as Hong Kong tensions heighten risk aversion
The safe-haven yen rose and risk-sensitive currencies fell on Thursday after U.S. President Donald Trump’s formal endorsement of Hong Kong’s anti-government protesters, seen as potentially derailing recent Sino-U.S. progress on trade.
Asian shares sink as Hong Kong tensions spoil festive mood
Asian share markets fell on Thursday as concerns that tensions over Hong Kong may stymie a U.S.-China trade deal cast a pall over Thanksgiving cheer from positive U.S. economic data.
GPUs Continue to Dominate the AI Accelerator Market for Now
As enterprises embark on AI and machine learning strategies, chip makers like NVIDIA, Intel and AMD are battling to become the standard hardware providers.
Preview: Live transcription with Azure Media Services
Azure Media Services provides a platform with which you can broadcast live events. You can use our APIs to ingest, transcode, and dynamically package and encrypt your live video feeds for delivery via industry-standard protocols like HTTP Live Streaming (HLS) and MPEG-DASH. You can also use our APIs to integrate with CDNs and deliver to […]
Global Markets: Asian shares climb on prospects of trade progress, low rates
Asian shares ticked higher on Wednesday as more upbeat signals from Sino-U.S. trade talks fanned hopes of an imminent end to tariff hostilities, which helped offset concerns about a slowing U.S. economy.
Global Markets: Asian shares climb on prospects of trade progress, low rates
Asian shares ticked higher on Wednesday as more upbeat signals from Sino-U.S. trade talks fanned hopes of an imminent end to tariff hostilities, which helped offset concerns about a slowing U.S. economy.
Trade hopes lift dollar, rate cut forecast hobbles Aussie
The dollar posted modest gains on Wednesday, as traders looked ahead to a possible outcome to drawn out U.S.-China trade talks, while a forecast for monetary policy easing knocked the Aussie.
Per-diem method clarified in light of TCJA changes
The IRS on Tuesday updated the rules for using per-diem rates to substantiate the amount of ordinary and necessary business expenses paid or incurred while traveling away from home in light of changes enacted by the law known as the Tax Cuts and Jobs Act (TCJA), P.L. 115-97 (Rev. Proc. 2019-48). The revenue procedure supersedes […]
Austin Man Indicted for Stealing Unreleased Music from Artists
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