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In his keynote speech, Federal Reserve Chair Jerome Powell warned that policy rates must rise and then stay high for some time, echoing a series of statements earlier in the day from his Fed colleagues that rates must become restrictive until prices begin to cool. Bullard Says Rates Working With Shorter Lags (9:40 a.m.) The Federal Reserve's rate hikes are working at shorter lags than in the past, said St. Louis Fed President James Bullard. Keywords: ALLTOP; BON; BUSINESS; COS; FIN; GLOBALMACR; GOV; INDUSTRIES; MARKETS; NORTHAM; REL; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPAS; WWTOPEU EN ALLTOP BON BUSINESS COS FIN GLOBALMACR GOV INDUSTRIES MARKETS NORTHAM REL TOP US WORLD WWTOP WWTOPAM WWTOPAS WWTOPEU RH88WMT1UM0X (Bloomberg) -- The number of hours worked per employee is at least as important a data point for policy makers as the employment rate, because it's a barometer of who's entering the workforce, according to a research paper presented to policy makers at Jackson Hole. [Extracted from the article]

Keywords: ALLTOP; BON; BUSINESS; COS; FIN; GLOBALMACR; GOV; INDUSTRIES; MARKETS; NORTHAM; REL; US; WORLD; WWTOP EN ALLTOP BON BUSINESS COS FIN GLOBALMACR GOV INDUSTRIES MARKETS NORTHAM REL US WORLD WWTOP RH88WMT1UM0X The findings in the paper are relevant for central banks as they project labor-market dynamics into the future when assessing and implementing policy, the authors said. In his keynote speech, Federal Reserve Chair Jerome Powell warned that policy rates must rise and then stay high for some time, echoing a series of statements earlier in the day from his Fed colleagues that rates must become restrictive until prices begin to cool. Bullard Says Rates Working With Shorter Lags (9:40 a.m.) The Federal Reserve's rate hikes are working at shorter lags than in the past, said St. Louis Fed President James Bullard. [Extracted from the article]

%USD, ALLTOP, BUSINESS, FRX, GLOBALMACR, GOV, MARKETS, NORTHAM, TOP, US, WORLD, GOVTOP RH8O1MT0G1KZ (Bloomberg) -- The Federal Reserve won't be able to curb inflationary pressures because they are rooted in expansionary fiscal policy, according to a paper presented at the central bank's annual Jackson Hole conference on Saturday. Keywords: %USD; ALLTOP; BUSINESS; FRX; GLOBALMACR; GOV; GOVTOP; MARKETS; NORTHAM; TOP; US; WORLD EN %USD ALLTOP BUSINESS FRX GLOBALMACR GOV GOVTOP MARKETS NORTHAM TOP US WORLD The Federal Reserve won't be able to curb inflationary pressures because they are rooted in expansionary fiscal policy, according to a paper presented at the central bank's annual Jackson Hole conference on Saturday. [Extracted from the article]

Keywords: 1000L; ALLTOP; BUSINESS; COS; EXE; GEN; GENTOP; GLOBALMACR; GOV; GOVTOP; LAW; NORTHAM; POL; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPAS EN 1000L ALLTOP BUSINESS COS EXE GEN GENTOP GLOBALMACR GOV GOVTOP LAW NORTHAM POL TOP US WORLD WWTOP WWTOPAM WWTOPAS The U.S. Supreme Court cleared the way for some of former President Donald Trump's White House papers to be turned over to a congressional panel investigating the Jan. 6 Capitol attack. R5ZJ8CDWX2PS (Bloomberg) -- The U.S. Supreme Court cleared the way for some of former President Donald Trump's White House papers to be turned over to a congressional panel investigating the Jan. 6 Capitol attack. "This harm would not only befoul President Trump's interests in maintaining the confidentiality of his presidential records, but the harm would extend to future presidents as well", Trump's lawyers argued. [Extracted from the article]

Keywords: ALLTOP; ASIA; BUSINESS; CHINA; COS; DRG; ELECT; EXE; GEN; GENTOP; GLOBALMACR; GOV; GOVTOP; HEA; HUMANRIGHT; INDUSTRIES; JAPAN; NORTHAM; POL; SKOREA; TOP; US; WORLD EN ALLTOP ASIA BUSINESS CHINA COS DRG ELECT EXE GEN GENTOP GLOBALMACR GOV GOVTOP HEA HUMANRIGHT INDUSTRIES JAPAN NORTHAM POL SKOREA TOP US WORLD Japan for the first time referred to the importance of stability around Taiwan in its annual defense report, ratcheting up its concerns over the island that has been a flashpoint in tensions between China and the U.S. QW6C9UT0AFB6 (Bloomberg) -- Japan for the first time referred to the importance of stability around Taiwan in its annual defense report, ratcheting up its concerns over the island that has been a flashpoint in tensions between China and the U.S. The wording in the "Defense of Japan" white paper released Tuesday increased friction between the two biggest economies in Asia. A spokesman for China's Foreign Ministry told Tokyo not to interfere in Taiwan issues and said Beijing expressed "firm opposition" to the wording in the report. [Extracted from the article]

Keywords: ALLTOP; ASIA; ASIATOP; BUSINESS; CHINA; COS; DRG; ELECT; EXE; GEN; GENTOP; GLOBALMACR; GOV; HEA; HUMANRIGHT; INDUSTRIES; JAPAN; NORTHAM; POL; SKOREA; US; WORLD; WWTOP; WWTOPAS EN ALLTOP ASIA ASIATOP BUSINESS CHINA COS DRG ELECT EXE GEN GENTOP GLOBALMACR GOV HEA HUMANRIGHT INDUSTRIES JAPAN NORTHAM POL SKOREA US WORLD WWTOP WWTOPAS Japan for the first time referred to the importance of stability around Taiwan in its annual defense report, ratcheting up its concerns over the island that has been a flashpoint in tensions between China and the U.S. QW3V2CT1UM0W (Bloomberg) -- Japan for the first time referred to the importance of stability around Taiwan in its annual defense report, ratcheting up its concerns over the island that has been a flashpoint in tensions between China and the U.S. The wording in the "Defense of Japan" white paper released Tuesday is set to increase friction between the two biggest economies in Asia. Separately, Japan's white paper also included a column on the sharp increase in South Korea's defense spending. [Extracted from the article]

R0ZEX2DWLU6D (Bloomberg) -- The Federal Reserve took a key step toward the possible issuance of a U.S. digital currency, a move that the central bank said could dramatically alter the American financial system. Keywords: %USD; ALLTOP; BNK; BON; BUSINESS; COS; FIN; FRX; GLOBALMACR; GOV; INDUSTRIES; MARKETS; NORTHAM; TEC; TECSVC; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPEU EN %USD ALLTOP BNK BON BUSINESS COS FIN FRX GLOBALMACR GOV INDUSTRIES MARKETS NORTHAM TEC TECSVC TOP US WORLD WWTOP WWTOPAM WWTOPEU The Federal Reserve took a key step toward the possible issuance of a U.S. digital currency, a move that the central bank said could dramatically alter the American financial system. %USD, ALLTOP, BNK, BON, BUSINESS, COS, FIN, FRX, GLOBALMACR, GOV, INDUSTRIES, MARKETS, NORTHAM, TEC, TECSVC, TOP, US, WORLD, WWTOP, WWTOPAM, WWTOPEU. [Extracted from the article]

Keywords: PBCZ@CH; ALLTOP; ASIA; ASIATOP; BUSINESS; CHINA; CORONAVIR; ECOTOP; FRX; GLOBALMACR; GOV; MARKETS; TOP; WORLD; WWTOP; WWTOPAS; WWTOPEU EN PBCZ@CH ALLTOP ASIA ASIATOP BUSINESS CHINA CORONAVIR ECOTOP FRX GLOBALMACR GOV MARKETS TOP WORLD WWTOP WWTOPAS WWTOPEU China needs to roll out more stimulus to boost economic growth as the recovery isn't solid and its momentum showed signs of slowing, according to Financial News, a newspaper backed by the central bank. PBCZ@CH, ALLTOP, ASIA, ASIATOP, BUSINESS, CHINA, CORONAVIR, ECOTOP, FRX, GLOBALMACR, GOV, MARKETS, TOP, WORLD, WWTOP, WWTOPAS, WWTOPEU. [Extracted from the article]

Keywords: %USD; AFRICA; ALLTOP; BASIC; BUSINESS; CMD; COS; FRX; GOV; GOVTOP; INDUSTRIES; MARKETS; METMNG; NORTHAM; US; WORLD EN %USD AFRICA ALLTOP BASIC BUSINESS CMD COS FRX GOV GOVTOP INDUSTRIES MARKETS METMNG NORTHAM US WORLD Zimbabwe's central bank plans to sell gold coins to the public from July 25 as a store of value to stabilize the nation's tumbling currency and offer an alternative to the US dollar. The coin forms part of measures to deal with a currency crisis that's seen the annual inflation rate jump to 192% in June and a sharp depreciation in the Zimbabwean dollar, which has lost more than two-thirds of its value against the dollar this year. [Extracted from the article]

%GBP, ALLTOP, BUSINESS, COS, EUROPE, EURTOP, GOV, INDUSTRIAL, INDUSTRIES, TOP, TRN, UK, WORLD Keywords: %GBP; ALLTOP; BUSINESS; COS; EUROPE; EURTOP; GOV; INDUSTRIAL; INDUSTRIES; TOP; TRN; UK; WORLD EN %GBP ALLTOP BUSINESS COS EUROPE EURTOP GOV INDUSTRIAL INDUSTRIES TOP TRN UK WORLD QW3LYCT0AFB9 (Bloomberg) -- Sign up for our Beyond Brexit weekly newsletter, follow us @Brexit and subscribe to our podcast. [Extracted from the article]

Keywords: ALLTOP; ASIA; BUSINESS; CORONAVIR; COS; DRG; GEN; GENTOP; GLOBALMACR; GOV; HEA; INDUSTRIES; JAPAN; WORLD EN ALLTOP ASIA BUSINESS CORONAVIR COS DRG GEN GENTOP GLOBALMACR GOV HEA INDUSTRIES JAPAN WORLD (Bloomberg) -- Japan is set to extend its strict border measures until the end of February, the Yomiuri newspaper said, with an announcement set to come on Tuesday. ALLTOP, ASIA, BUSINESS, CORONAVIR, COS, DRG, GEN, GENTOP, GLOBALMACR, GOV, HEA, INDUSTRIES, JAPAN, WORLD. [Extracted from the article]

Poland, which relies predominantly on coal for electricity production, did not find support for its demand to be allowed a temporary opt-out from the the EU's ETS. Keywords: 0629846DBB; 223727Z@FP; BUSINESS; CLIMATE; CMD; COS; ELC; EUROPE; FIN; FRA; GEN; GER; GOV; INDUSTRIES; MARKETS; NRG; POL; UTI; WORLD EN 0629846DBB 223727Z@FP BUSINESS CLIMATE CMD COS ELC EUROPE FIN FRA GEN GER GOV INDUSTRIES MARKETS NRG POL UTI WORLD European Union leaders failed to reach a deal on how to react to the unprecedented gas crisis that sent energy prices to record levels after Poland and the Czech Republic demanded stronger action to cap the costs of pollution. [Extracted from the article]

Keywords: 0629846DBB; 223727Z@FP; BUSINESS; CLIMATE; CMD; COS; ELC; EUROPE; FIN; FRA; GEN; GER; GOV; INDUSTRIES; MARKETS; NRG; POL; UTI; WORLD EN 0629846DBB 223727Z@FP BUSINESS CLIMATE CMD COS ELC EUROPE FIN FRA GEN GER GOV INDUSTRIES MARKETS NRG POL UTI WORLD European Union leaders failed to reach a deal on how to react to the unprecedented gas crisis that sent energy prices to record levels after Poland and the Czech Republic demanded stronger action to cap the costs of pollution. The EU emissions cap-and-trade program imposes decreasing pollution limits on more than 11,000 installations owned by manufacturers, power generators and airlines. [Extracted from the article]

Donald Trump's media startup, Trump Media & Technology Group, is set to go public through a deal with Digital World Acquisition Corp (DWAC), a special purpose acquisition company (SPAC). If approved, the deal will make several insiders, including management, sponsors, and former associates, wealthy on paper. DWAC's stock has seen a significant gain this year, leaving room for further equity-based rewards. Trump himself stands to reap billions of dollars from the deal. However, there are challenges, including a lock-up period and the company's struggle to generate profit. [Extracted from the article]

Prices closed at 51.23 yuan a metric ton at the end of trading Friday, with 4.1 million tons of trades conducted, according to the official WeChat account of the carbon market. Keywords: 386@HK; 836@HK; 857@HK; VRSK; ALTNRG; ASIA; BASIC; BUSINESS; CHINA; CHM; CLIMATE; CMD; COS; ELC; EUROPE; GOV; HK; INDUSTRIES; MARKETS; NRG; OIL; UTI; WORLD EN 386@HK 836@HK 857@HK VRSK ALTNRG ASIA BASIC BUSINESS CHINA CHM CLIMATE CMD COS ELC EUROPE GOV HK INDUSTRIES MARKETS NRG OIL UTI WORLD China's national carbon market opened with a flurry of trades that sent prices surging, yet it'll be years before the system helps the top polluting nation curb its emissions. [Extracted from the article]

Keywords: 386@HK; 836@HK; 857@HK; VRSK; ALTNRG; ASIA; BASIC; BUSINESS; CHINA; CHM; CLIMATE; CMD; COS; ELC; EUROPE; GOV; HK; INDUSTRIES; MARKETS; NRG; OIL; UTI; WORLD EN 386@HK 836@HK 857@HK VRSK ALTNRG ASIA BASIC BUSINESS CHINA CHM CLIMATE CMD COS ELC EUROPE GOV HK INDUSTRIES MARKETS NRG OIL UTI WORLD China's national carbon market opened with a flurry of trades that sent prices surging, yet it'll be years before the system helps the top polluting nation curb its emissions. Prices closed at 51.23 yuan a metric ton at the end of trading Friday, with 4.1 million tons of trades conducted, according to the official WeChat account of the carbon market. [Extracted from the article]

The decision to prioritize a carbon market over more stringent targets for industrial polluters reflects China's efforts to balance climate ambitions and growth. Keywords: 386@HK; 836@HK; 857@HK; VRSK; ALTNRG; ASIA; BASIC; BUSINESS; CHINA; CHM; CLIMATE; CMD; COS; ELC; EUROPE; GOV; HK; INDUSTRIES; MARKETS; NRG; OIL; UTI; WORLD EN 386@HK 836@HK 857@HK VRSK ALTNRG ASIA BASIC BUSINESS CHINA CHM CLIMATE CMD COS ELC EUROPE GOV HK INDUSTRIES MARKETS NRG OIL UTI WORLD China's national carbon market opened with a flurry of trades that sent prices surging, yet it'll be years before the system helps the top polluting nation curb its emissions. [Extracted from the article]

Keywords: 10182Z; 1710Z@SW; 3240627Z; 340949Z; 5091Z; BABA; BIDU; JD; NTES; YUMC; ALLTOP; ASIA; BUSINESS; CHINA; CONS; CONSD; COS; GOV; HAR; HK; INDUSTRIES; INTERNET; MARKETS; NORTHAM; STK; SVC; TEC; TMT; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPAS EN 10182Z 1710Z@SW 3240627Z 340949Z 5091Z BABA BIDU JD NTES YUMC ALLTOP ASIA BUSINESS CHINA CONS CONSD COS GOV HAR HK INDUSTRIES INTERNET MARKETS NORTHAM STK SVC TEC TMT TOP US WORLD WWTOP WWTOPAM WWTOPAS US regulators have picked companies including Alibaba Group Holding Ltd. and Netease Inc. in the first batch of inspections after reaching a deal with China to end a decades-long impasse over access to audit papers of Chinese firms listed in New York. A Deloitte spokeswoman said the firm doesn't comment on clients or on any specific company's matters. Unlike multiple state-owned firms that are voluntarily exiting New York exchanges, they're also privately controlled firms with powerful American investors. [Extracted from the article]

A Deloitte spokeswoman said the firm doesn't comment on clients or on any specific company's matters. Keywords: 10182Z; 1710Z@SW; 3240627Z; 340949Z; 5091Z; BABA; BIDU; JD; NTES; YUMC; ALLTOP; ASIA; ASIATOP; BUSINESS; CHINA; CONS; CONSD; COS; GOV; HAR; HK; INDUSTRIES; INTERNET; MARKETS; NORTHAM; STK; SVC; TEC; TMT; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPAS EN 10182Z 1710Z@SW 3240627Z 340949Z 5091Z BABA BIDU JD NTES YUMC ALLTOP ASIA ASIATOP BUSINESS CHINA CONS CONSD COS GOV HAR HK INDUSTRIES INTERNET MARKETS NORTHAM STK SVC TEC TMT TOP US WORLD WWTOP WWTOPAM WWTOPAS US regulators have picked companies including Alibaba Group Holding Ltd. and Netease Inc. in the first batch of inspections after reaching a deal with China to end a decades-long impasse over access to audit papers of Chinese firms listed in New York. The audit firms are summoning relevant staff back to Hong Kong, preparing top management, IT and internal control teams to greet the inspection team. [Extracted from the article]

Keywords: AZN@LN; BNTX; ALLTOP; ASIA; BUSINESS; CHINA; COS; DRG; EUROPE; EXE; GEN; GENTOP; GLOBALMACR; GOV; GOVTOP; HEA; INDUSTRIES; JAPAN; NORTHAM; SEM; TEC; UK; US; WORLD; WWTOP EN AZN@LN BNTX ALLTOP ASIA BUSINESS CHINA COS DRG EUROPE EXE GEN GENTOP GLOBALMACR GOV GOVTOP HEA INDUSTRIES JAPAN NORTHAM SEM TEC UK US WORLD WWTOP Japan is considering offering some of its supply of the AstraZeneca Plc vaccine to neighboring Taiwan, which has struggled to secure its own shots, the Sankei newspaper said Friday, citing government sources. Offering the vaccines to Taiwan could irritate China, Japan's biggest trading partner, which sees the island as part of its territory and has stepped up military exercises in the region in recent months. [Extracted from the article]

Issuers should be disclosing their reserves on "a daily basis", said Bill Cannon, head of ETF portfolio management at crypto asset manager Valkyrie. Keywords: %XDT; %XUC; %XUT; 0890888DID; 0899303D; 1624511D; 19963Z; ALLTOP; BON; BUSINESS; COS; ETF; EUROPE; FIN; GOV; INDUSTRIES; MARKETS; TEC; TECSVC; TOP; UK; WORLD; WWTOP; WWTOPAM; WWTOPAS; WWTOPEU EN %XDT %XUC %XUT 0890888DID 0899303D 1624511D 19963Z ALLTOP BON BUSINESS COS ETF EUROPE FIN GOV INDUSTRIES MARKETS TEC TECSVC TOP UK WORLD WWTOP WWTOPAM WWTOPAS WWTOPEU As crypto's most traded tokens, stablecoins have ballooned in circulation under a relatively light-touch regulatory regime. Following its fine last year, the issuer said it planned to reduce its commercial paper holdings over time in favor of more liquid assets like US Treasury bills. [Extracted from the article]

RDJTAUT0G1KW (Bloomberg) -- Australians have built up strong liquidity buffers in recent years, reducing the threat to financial stability from a sharp rise in household debt, according to a Reserve Bank research paper. Keywords: ALLTOP; ASIA; AU; BNK; BON; BUSINESS; COS; ECOTOP; FIN; FRX; GOV; INDUSTRIES; MARKETS; REL; WORLD EN ALLTOP ASIA AU BNK BON BUSINESS COS ECOTOP FIN FRX GOV INDUSTRIES MARKETS REL WORLD Australians have built up strong liquidity buffers in recent years, reducing the threat to financial stability from a sharp rise in household debt, according to a Reserve Bank research paper. [Extracted from the article]

The Federal Reserve's battle to bring inflation under control will likely cause more harm to the US and world economy than is currently appreciated, according to a pair of papers set for presentation at a renowned economic conference this week. [ABSTRACT FROM AUTHOR]

Keywords: ALLTOP; ASIA; BUSINESS; CHINA; COS; FIN; GLOBALMACR; GOV; INDUSTRIES; MARKETS; NORTHAM; STK; SVC; US; WORLD; WWTOP EN ALLTOP ASIA BUSINESS CHINA COS FIN GLOBALMACR GOV INDUSTRIES MARKETS NORTHAM STK SVC US WORLD WWTOP RH85FRT1UM0W US shares from Chinese companies surged on Friday after regulators announced the deal to allow Public Company Accounting Oversight Board inspectors to access audit work papers and personnel. The watchdog's staff told reporters that the agreement allows for full and complete access to the audit work papers of companies in both mainland China and Hong Kong. [Extracted from the article]

Keywords: ALLTOP; ASIA; BUSINESS; CHINA; COS; FIN; GLOBALMACR; GOV; INDUSTRIES; MARKETS; NORTHAM; STK; SVC; US; WORLD; WWTOP EN ALLTOP ASIA BUSINESS CHINA COS FIN GLOBALMACR GOV INDUSTRIES MARKETS NORTHAM STK SVC US WORLD WWTOP RH8BPCT0G1KZ US shares from Chinese companies rose Friday in the immediate aftermath of the deal, which will allow Public Company Accounting Oversight Board inspectors to access audit work papers and personnel. The watchdog's staff told reporters that the agreement allows for full and complete access to the audit work papers of companies in both mainland China and Hong Kong. [Extracted from the article]

Keywords: ALLTOP; BRAZIL; BUSINESS; COS; DRG; ELECT; GEN; GOV; HEA; INDUSTRIES; LATAM; MARKETS; POL; WORLD; WWTOP EN ALLTOP BRAZIL BUSINESS COS DRG ELECT GEN GOV HEA INDUSTRIES LATAM MARKETS POL WORLD WWTOP President Jair Bolsonaro insisted that the outcome of next year's elections won't be credible after lawmakers turned down his proposal to add paper ballots to Brazil's electronic voting system, escalating political tensions 14 months ahead of the presidential vote. Following in the footsteps of former U.S. President Donald Trump, Bolsonaro has been sowing doubt about the integrity of both the country's voting system and the electoral authority. [Extracted from the article]

Canadian investors purchased a record amount of foreign securities, totaling C$29.4 billion ($21.8 billion), in December of last year. This marks the largest net outflow of purchases into foreign stocks and bonds since 1988. The surge in investment was driven by Canadian investors' demand for US large-cap technology shares and investment fund shares tracking broad US equity market indexes. Additionally, Canadian investment in non-US shares, particularly European equities, also contributed to the record. Conversely, foreigners showed less interest in Canadian equities but increased their investment in Canadian debt, particularly federal government bonds and money market paper. [Extracted from the article]

Amazon economists Francesco Furno and Domenico Giannone have developed a new model to identify recessions in real-time. Their measure, based on real-economy activity and financial conditions, can provide a reading for a given month on the first business day of the next one. The researchers have created separate versions for the US and Europe, although their paper does not indicate whether either economy is currently in a recession. Their method is designed to be more timely than official indicators, which often declare a recession months after it has begun. [Extracted from the article]

Keywords: ALLTOP; ASIA; BASIC; BUSINESS; CMD; COS; ELECT; EXE; GEN; GLOBALMACR; GOV; INDUSTRIES; IRAN; LAW; MARKETS; METMNG; MIDEAST; NORTHAM; POL; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPEU EN ALLTOP ASIA BASIC BUSINESS CMD COS ELECT EXE GEN GLOBALMACR GOV INDUSTRIES IRAN LAW MARKETS METMNG MIDEAST NORTHAM POL TOP US WORLD WWTOP WWTOPAM WWTOPEU Secret documents strewn over Donald Trump's Mar-a-Lago home revealed for the first time the highly sensitive nature of national security papers the former president was keeping. Trump criticized the FBI For displaying the documents on the floor for pictures and suggested it was done to incriminate him. Read more: Trump Records Moved Likely to Obstruct Investigation, DOJ Says Trump has denied wrongdoing but offered no credible explanation for why he had the documents or didn't return them earlier, as his lawyers claimed. [Extracted from the article]

Keywords: ALLTOP; ASIA; BASIC; BUSINESS; CMD; COS; ELECT; EXE; GEN; GENTOP; GLOBALMACR; GOV; INDUSTRIES; IRAN; LAW; MARKETS; METMNG; MIDEAST; NORTHAM; POL; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPAS; WWTOPEU EN ALLTOP ASIA BASIC BUSINESS CMD COS ELECT EXE GEN GENTOP GLOBALMACR GOV INDUSTRIES IRAN LAW MARKETS METMNG MIDEAST NORTHAM POL TOP US WORLD WWTOP WWTOPAM WWTOPAS WWTOPEU Secret documents sprawled over Donald Trump's Mar-a-Lago home revealed for the first time the highly sensitive nature of national security papers the former president was keeping. Read more: Trump Records Moved Likely to Obstruct Investigation, DOJ Says Trump has denied wrongdoing but offered no credible explanation for why he had the documents or didn't return them earlier, as his lawyers claimed. [Extracted from the article]

With his popularity plummeting amid a criminal investigation over vaccine purchases, Bolsonaro has mimicked former President Donald Trump by laying groundwork to dispute a defeat. Keywords: BRAZIL; BUSINESS; COS; DRG; ELECT; GEN; GOV; HEA; INDUSTRIES; ISRAEL; LATAM; MIDEAST; POL; WORLD EN BRAZIL BUSINESS COS DRG ELECT GEN GOV HEA INDUSTRIES ISRAEL LATAM MIDEAST POL WORLD President demands a paper trail despite no evidence of fraud, mimicking leaders worldwide who have attacked their democratic systems QW4XEJDWLU6K (Bloomberg) -- Brazil's election is 15 months away, but President Jair Bolsonaro warns almost daily of cheating, chicanery and hacking. [Extracted from the article]

Many central banks, including the Fed, have adopted a 2% inflation target in recent decades. Keywords: 13347Z; BSFO; ALLTOP; BON; BUSINESS; COS; FIN; GLOBALMACR; GOV; INDUSTRIES; MARKETS; NORTHAM; REL; US; WORLD; WWTOP EN 13347Z BSFO ALLTOP BON BUSINESS COS FIN GLOBALMACR GOV INDUSTRIES MARKETS NORTHAM REL US WORLD WWTOP RH8KI3T1UM10 "I think 2% inflation was too low a target. [Extracted from the article]

Keywords: 13347Z; BSFO; ALLTOP; BON; BUSINESS; COS; FIN; FRX; GLOBALMACR; GOV; INDUSTRIES; MARKETS; NORTHAM; REL; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPAS; WWTOPEU EN 13347Z BSFO ALLTOP BON BUSINESS COS FIN FRX GLOBALMACR GOV INDUSTRIES MARKETS NORTHAM REL TOP US WORLD WWTOP WWTOPAM WWTOPAS WWTOPEU RH8JZAT0AFB5 "I want to push back on your conclusion that "running the economy hot" entails significant risks", Kashkari said to International Monetary Fund First Deputy Managing Director Gita Gopinath, who made the assertion as a panel participant. In his keynote speech Friday, Fed Chair Jerome Powell warned that policy rates must rise and then stay high for some time, echoing a series of statements earlier in the day from his colleagues that rates must become restrictive until prices begin to cool. Bullard Says Rates Working With Shorter Lags (9:40 a.m.) The Federal Reserve's rate hikes are working at shorter lags than in the past, said St. Louis Fed President James Bullard. [Extracted from the article]

(All times New York) Furman Says Fed Should Raise Inflation Goal (3:02 p.m.) The Fed and other central banks should consider declaring victory on their price-stability goals once inflation returns to 3%, Harvard economics professor Jason Furman said Friday during the Fed's annual conference in Jackson Hole, Wyoming. In his keynote speech Friday, Fed Chair Jerome Powell warned that policy rates must rise and then stay high for some time, echoing a series of statements earlier in the day from his colleagues that rates must become restrictive until prices begin to cool. Many central banks, including the Fed, have adopted a 2% inflation target in recent decades. [Extracted from the article]

The Biden administration is planning to award approximately $6.3 billion in grants to help industries reduce their carbon emissions. The grants will be given to sectors such as cement, glass, chemicals, metals, and pulp and paper, which account for a significant portion of US emissions. The funding aims to support the transition to lower-carbon technologies in these industries, which is crucial for the administration's goal of cutting greenhouse gas emissions by 50% by 2030 and achieving net-zero emissions by mid-century. The Department of Energy will be responsible for distributing the grants, and details on the projects that will receive funding are expected to be announced soon. [Extracted from the article]

Donald Trump's media startup, Trump Media & Technology Group, is set to go public through a deal with Digital World Acquisition Corp (DWAC), a special purpose acquisition company (SPAC). If approved, the deal will benefit insiders, management, sponsors, and former associates who sued to block the deal, potentially earning them millions of dollars. DWAC's stock has seen a 130% gain this year, and if it continues to perform well, Trump could earn $3.4 billion. However, there are caveats, including a lock-up period for management and the company's struggle to generate profit. [Extracted from the article]

But the 35-page discussion paper issued Thursday on a government-backed coin, known as a central bank digital currency or CBDC, marks the Fed's most significant action yet as it seeks to dive deeper into digital assets. A Fed official said on a call with reporters that the central bank will assess next steps after the comment deadline, but didn't offer a timeline for when a digital dollar could ultimately be implemented. Keywords: %USD; ASIA; BNK; BON; BUSINESS; CHINA; COS; FIN; FRX; GLOBALMACR; GOV; INDUSTRIES; MARKETS; NORTHAM; TEC; TECSVC; US; WORLD EN %USD ASIA BNK BON BUSINESS CHINA COS FIN FRX GLOBALMACR GOV INDUSTRIES MARKETS NORTHAM TEC TECSVC US WORLD The Federal Reserve took a key step in weighing the creation of its own digital currency, a move it said could help ensure the U.S. dollar's dominance as the central bank grapples with fast-growing private cryptocurrencies and coins issued by other nations. [Extracted from the article]

The Fed on Thursday solicited feedback through a 35-page discussion paper on a government-backed coin, known as a central bank digital currency or CBDC. Keywords: %USD; ALLTOP; ASIA; BNK; BON; BUSINESS; CHINA; COS; FIN; FRX; GLOBALMACR; GOV; INDUSTRIES; MARKETS; NORTHAM; TEC; TECSVC; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPEU EN %USD ALLTOP ASIA BNK BON BUSINESS CHINA COS FIN FRX GLOBALMACR GOV INDUSTRIES MARKETS NORTHAM TEC TECSVC TOP US WORLD WWTOP WWTOPAM WWTOPEU The Federal Reserve took a key step toward the possible issuance of a U.S. digital currency, a move that the central bank said could dramatically alter the American financial system. R60WDEDWLU7E (Bloomberg) -- The Federal Reserve took a key step toward the possible issuance of a U.S. digital currency, a move that the central bank said could dramatically alter the American financial system. [Extracted from the article]

Keywords: 3354817ZSP; ALLTOP; ASIA; AU; BUSINESS; CHINA; CONS; CONSD; CONSS; CORONAVIR; COS; DRG; EUROPE; EXE; GEN; GER; GOV; HEA; HK; INDIA; INDUSTRIES; IRAN; JAPAN; LATAM; LIFESTYLE; MEX; MIDEAST; NORTHAM; RUSSIA; SPORTS; TRAVEL; UK; US; WORLD; WWTOP EN 3354817ZSP ALLTOP ASIA AU BUSINESS CHINA CONS CONSD CONSS CORONAVIR COS DRG EUROPE EXE GEN GER GOV HEA HK INDIA INDUSTRIES IRAN JAPAN LATAM LIFESTYLE MEX MIDEAST NORTHAM RUSSIA SPORTS TRAVEL UK US WORLD WWTOP (Bloomberg) -- Tennis star Novak Djokovic may be able to stay in Australia and contest another Grand Slam victory after a court quashed the cancellation of his visa on Covid grounds. Deltacron Variant Is No Error (8:12 a.m. HK) A Cypriot scientist defended his assertion that a new strain of Covid-19 exists that combines characteristics of the delta and omicron variants. Ireland Said to Consider Mandatory Vaccination (3:08 p.m. HK) Irish health officials are set to consider mandatory vaccination against Covid-19, with a paper being prepared on the legal and ethical aspects, the Irish Times reported, citing unidentified people familiar with the matter. [Extracted from the article]

The UK committee advising on financial law has stated that pension trustees may consider climate change when making investment decisions, addressing concerns that this could be a breach of fiduciary duty. The committee emphasized that trustees are required to make careful decisions and should consider factors such as climate change that may not be reflected in market prices. While the guidance is aimed at pension funds, it is also relevant for legal advisers, investment consultants, fund managers, and insurers. The committee's findings are not legally binding, but ESG investors in the UK have welcomed the announcement and called for their incorporation into financial market regulation and monitoring. [Extracted from the article]

US Audit Watchdog Says "Time Is of the Essence" in China Talks ALLTOP, ASIA, ASIATOP, BUSINESS, CHINA, COS, FIN, GOV, INDUSTRIES, MARKETS, NORTHAM, STK, SVC, TOP, US, WORLD, WWTOP, WWTOPAM Keywords: ALLTOP; ASIA; ASIATOP; BUSINESS; CHINA; COS; FIN; GOV; INDUSTRIES; MARKETS; NORTHAM; STK; SVC; TOP; US; WORLD; WWTOP; WWTOPAM EN ALLTOP ASIA ASIATOP BUSINESS CHINA COS FIN GOV INDUSTRIES MARKETS NORTHAM STK SVC TOP US WORLD WWTOP WWTOPAM (Bloomberg) The head of the Washington regulator that's negotiating with Beijing to stave off the delisting of almost 200 Chinese companies from the American stock market is reiterating the US's tough stance. [Extracted from the article]

Keywords: 957032L; ALLTOP; ASIA; BUSINESS; CHINA; COS; FIN; GLOBALMACR; GOV; GOVTOP; INDUSTRIES; LAW; MARKETS; NORTHAM; STK; SVC; TOP; US; WORLD; WWTOP EN 957032L ALLTOP ASIA BUSINESS CHINA COS FIN GLOBALMACR GOV GOVTOP INDUSTRIES LAW MARKETS NORTHAM STK SVC TOP US WORLD WWTOP (Bloomberg) US and China officials must reach an agreement "very soon" over access to audit work papers for Chinese companies to avoid being kicked off American stock exchanges, Securities and Exchange Commission Chair Gary Gensler said Wednesday. Read more: US-China Talks on Delisting Stocks Hinge on Redacted Audits US lawmakers were originally considering legislation that would move up the audit compliance deadline to 2023, but ended up not including it in a bill to support US chipmakers that the Senate passed Wednesday. [Extracted from the article]

Keywords: 1297266D; ALLTOP; ASIA; AU; BUSINESS; CATOP; COS; EUROPE; EXE; GEN; GENTOP; GER; GOV; HEA; HEATOP; INDIA; INDUSTRIES; JAPAN; LIFESTYLE; NORTHAM; PURSUITS; SCIENCE; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPAS; WWTOPEU EN 1297266D ALLTOP ASIA AU BUSINESS CATOP COS EUROPE EXE GEN GENTOP GER GOV HEA HEATOP INDIA INDUSTRIES JAPAN LIFESTYLE NORTHAM PURSUITS SCIENCE TOP US WORLD WWTOP WWTOPAM WWTOPAS WWTOPEU New research indicates that even those who are inoculated can carry enough of the virus to be infectious, the New York Times reported, citing the Centers for Disease Control and Prevention. U.S. Imposes Mask Mandate for Federal Workers (4:03 p.m. NY) President Joe Biden will require federal workers to prove they've been vaccinated against Covid-19 or wear masks and submit to frequent coronavirus testing as the delta variant causes cases to spike. [Extracted from the article]

U.S. Imposes Mask Mandate for Federal Workers (4:03 p.m. NY) President Joe Biden will require federal workers to prove they've been vaccinated against Covid-19 or wear masks and submit to frequent coronavirus testing as the delta variant causes cases to spike. Keywords: 1297266D; ALLTOP; ASIA; AU; BUSINESS; CATOP; COS; EUROPE; EXE; GEN; GENTOP; GER; GOV; HEA; HEATOP; INDIA; INDUSTRIES; JAPAN; LIFESTYLE; NORTHAM; PURSUITS; SCIENCE; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPAS; WWTOPEU EN 1297266D ALLTOP ASIA AU BUSINESS CATOP COS EUROPE EXE GEN GENTOP GER GOV HEA HEATOP INDIA INDUSTRIES JAPAN LIFESTYLE NORTHAM PURSUITS SCIENCE TOP US WORLD WWTOP WWTOPAM WWTOPAS WWTOPEU New research indicates that even those who are inoculated can carry enough of the virus to be infectious, the New York Times reported, citing the Centers for Disease Control and Prevention. [Extracted from the article]

Keywords: 1297266D; ALLTOP; ASIA; AU; BUSINESS; COS; EUROPE; EXE; GEN; GER; GOV; HEA; INDIA; INDUSTRIES; JAPAN; LIFESTYLE; NORTHAM; PURSUITS; SCIENCE; US; WORLD; WWTOP EN 1297266D ALLTOP ASIA AU BUSINESS COS EUROPE EXE GEN GER GOV HEA INDIA INDUSTRIES JAPAN LIFESTYLE NORTHAM PURSUITS SCIENCE US WORLD WWTOP New research indicates that even those who are inoculated can carry enough of the virus to be infectious, the New York Times reported, citing the Centers for Disease Control and Prevention. U.S. Imposes Mask Mandate for Federal Workers (4:03 p.m. NY) President Joe Biden will require federal workers to prove they've been vaccinated against Covid-19 or wear masks and submit to frequent coronavirus testing as the delta variant causes cases to spike. [Extracted from the article]

U.S. Imposes Mask Mandate for Federal Workers (4:03 p.m. NY) President Joe Biden will require federal workers to prove they've been vaccinated against Covid-19 or wear masks and submit to frequent coronavirus testing as the delta variant causes cases to spike. Keywords: 1297266D; ALLTOP; ASIA; AU; BUSINESS; COS; EUROPE; EXE; GEN; GER; GOV; HEA; INDIA; INDUSTRIES; JAPAN; LIFESTYLE; NORTHAM; PURSUITS; SCIENCE; US; WORLD; WWTOP EN 1297266D ALLTOP ASIA AU BUSINESS COS EUROPE EXE GEN GER GOV HEA INDIA INDUSTRIES JAPAN LIFESTYLE NORTHAM PURSUITS SCIENCE US WORLD WWTOP New research indicates that even those who are inoculated can carry enough of the virus to be infectious, the New York Times reported, citing the Centers for Disease Control and Prevention. [Extracted from the article]

Keywords: ASIA; BUSINESS; CHINA; COS; FIN; GLOBALMACR; GOV; INDUSTRIES; MARKETS; NORTHAM; STK; SVC; US; WORLD EN ASIA BUSINESS CHINA COS FIN GLOBALMACR GOV INDUSTRIES MARKETS NORTHAM STK SVC US WORLD RH82C8T0AFB8 As part of the deal, China will allow Public Company Accounting Oversight Board inspectors to access audit work papers and personnel, according to statements by US and Chinese regulators on Friday. Talks between Beijing and Washington gathered pace after state-owned companies including China Life Insurance Co., PetroChina Co. and China Petroleum & Chemical Corp. said on Aug. 12 that they planned to delist from US exchanges. [Extracted from the article]