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Town Hall News

Stock market today: Asian shares are mixed after Bank of Japan ups key rate for 1st time in 17 years

BANGKOK (AP) — Shares were mixed in Asia on Tuesday after the Bank of Japan hiked its benchmark interest rate for the first time in 17 years, ending a longstanding negative rate policy at odds with the stances of most central banks. In a widely anticipated move, the BOJ raised its overnight call rate to a range of 0 to 0.1%, up from minus 0.1%. It said that wage increases […]

todayMarch 19, 2024

Town Hall News

Indiana Gov. Eric Holcomb signs proclamation condemning antisemitism while vetoing bill defining it

INDIANAPOLIS (AP) — Indiana Gov. Eric Holcomb vetoed a bill Monday that would have defined antisemitism in state education code while simultaneously signing a proclamation condemning all forms of antisemitism. The Republican governor cited changes made to the bill in the final days of the legislative session in a news release. Aimed at addressing antisemitism on college campuses, the bill’s opponents argued that early versions of it would penalize people […]

todayMarch 19, 2024

Town Hall News

Cowboys rework Dak Prescott’s contract to reduce massive cap hit slightly, AP source says

FRISCO, Texas (AP) — The Dallas Cowboys are slightly reducing quarterback Dak Prescott’s massive salary cap hit by reworking his contract going into the final year of the deal, a person with knowledge of the move said Monday. A $5 million roster bonus has been converted into a signing bonus to reduce the 2024 cap hit by $4 million, to about $55 million, the person told The Associated Press on […]

todayMarch 18, 2024

Town Hall News

Many hospitals in China stop newborn delivery services as birth rate drops

HONG KONG (Reuters) – Many hospitals in China have stopped offering newborn delivery services this year, state-backed news outlet Daily Economic News reported, with industry experts warning of an “obstetric winter” due to declining demand amid a record drop in new births. Hospitals in various provinces including in eastern Zhejiang and southern Jiangxi have in the past two months announced that they will close their obstetric departments, according to notices […]

todayMarch 18, 2024

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Armenia’s PM says he must return disputed areas to Azerbaijan or face war -TASS

TBILISI (Reuters) – Armenian Prime Minister Nikol Pashinyan said that Armenia may face a war with Azerbaijan if it does not compromise with Baku on returning some strategic Azerbaijani territories that Armenia has controlled since the early 1990s. Pashinyan was speaking during a Monday meeting with residents of border areas in northern Armenia’s Tavush region, close to a string of deserted Azerbaijani villages that Yerevan has controlled since the opening […]

todayMarch 18, 2024

Town Hall News

Killing of teen in China puts ‘left behind’ children of migrant workers in spotlight

By Bernard Orr and Laurie Chen BEIJING (Reuters) – The killing of a 13-year old boy in northern China last week, for which three boys are in police custody, has triggered a heated discussion in the media on juvenile crime and the plight of children left at home by migrant workers. Police arrested three boys and took them into custody after they allegedly bullied and killed the junior high school […]

todayMarch 18, 2024

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Swiss National Bank sold forex worth nearly $150 billion in 2023

ZURICH (Reuters) – The Swiss National Bank sold foreign currency worth 132.9 billion Swiss francs ($149.51 billion) in 2023, the central bank said on Tuesday, showing its increased emphasis on supporting the Swiss franc as a shield against imported inflation. The figure was a massive increase from 22.3 billion francs in foreign currencies sold by the SNB in 2022, when the bank started selling off some of its huge foreign […]

todayMarch 18, 2024

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Analysis-Chinese developer Vanke’s credit pursuit clouded by clamour for collateral

By Engen Tham, Ziyi Tang and Clare Jim SHANGHAI/BEIJING/HONG KONG (Reuters) – A rare Beijing directive to help Vanke beat a liquidity crisis has left lenders scrabbling for the assets that the state-backed developer has proposed for collateral, as parties pull out all the stops to arrest deterioration in the property sector. China Vanke is gasping for funding after sales in both January and February fell below the monthly break-even […]

todayMarch 18, 2024

Town Hall News

Anthony Edwards throws down huge dunk over John Collins in Timberwolves’ win against Jazz

SALT LAKE CITY (AP) — One thunderous dunk provided a perfect snapshot of Anthony Edwards’ second-half dominance Monday night. Edwards threw down a monster slam over John Collins of the Utah Jazz in the third quarter, helping the Minnesota Timberwolves to a 114-104 victory but leaving both players banged up after the play. “I was thinking I was going to miss it because I wasn’t close to the rim, but […]

todayMarch 18, 2024

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