Alex

Yen gives up ground vs dollar following surge on suspected intervention

By Kevin Buckland TOKYO (Reuters) -The yen slid against the dollar on Thursday, reversing direction after a sudden surge overnight that traders and analysts were quick to attribute to intervention by Japanese authorities. The yen was 0.93% lower at 156.025 per dollar as of 0235 GMT, retracing about half of its late Wednesday surge from …

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Aussie lender NAB reports lower profit but hints bank margin squeeze is easing

By Sameer Manekar and Lewis Jackson (Reuters) -National Australia Bank posted a double-digit drop in first-half earnings on Thursday but talked up the strength of the economy and said a margin-crunching struggle for the vital home loan market showed signs of easing. The first of Australia’s big four banks to front up to investors this …

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BOJ saw need to let markets drive yields upon March exit, minutes show

By Leika Kihara TOKYO (Reuters) -Many Bank of Japan board members agreed the country’s long-term interest rates should be set by markets, with some saying the central bank should at some point slow the pace of bond buying, minutes of their March policy meeting showed on Thursday. At the March meeting, the BOJ ended eight …

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Backed Finance raises $9.5 million in Series A funding round to accelerate tokenization for institutional clients

Backed Finance AG, a prominent issuer of tokenized real-world assets, has completed a $9.5 million Series A funding round. The company plans to use the funds to enhance its private tokenization services, aiming to onboard asset managers to blockchain solutions. The round was led by Gnosis, with the participation of new and existing investors, including …

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Joe Thomas Shares His Journey to Germany to Coach Pro (American) Football

WHEN JOE THOMAS retired from the NFL in 2018, his wife Annie made it clear where she expected him to dedicate his attention going forward. “It’s family time,” he recalls her saying. “You don’t have an excuse to go to work every day, 50 hours a week or more.” The former Cleveland Browns star had …

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Grant Gustin Used to Be the Fastest Man Alive. He’s Finally Learning to Slow Down.

GRANT GUSTIN MAY have played a superhero on TV for more than 180 episodes, but he didn’t always feel like one. Known for his role as Barry Allen—the born name of The Flash, DC’s scarlet speedster who’s been jetting through comic book pages since 1940—Gustin would seem to be the perfect fit to be featured …

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Microsoft’s latest Windows update breaks VPNs, and there’s no fix

Image: Sam Singleton Microsoft said this week that the most recent Windows security update for Windows 10 and Windows 11 may break VPN connections. According to Microsoft (via Bleeping Computer), “Windows devices might face VPN connection failures after installing the April 2024 security update, or KB5036893.” Microsoft has no fix at the current time, the …

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