Tag Archives: Stem

China tells state banks to prepare for a massive dollar dump and yuan buying spree as Beijing’s prior interventions have failed to stem its currency’s worst year since 1994

China tells state banks to prepare for a massive dollar dump and yuan buying spree as Beijing’s prior interventions have failed to stem its currency’s worst year since 1994

Chinese President Xi Jinping.Kevin Frayer/Getty Images Reuters reported that China told state-owned banks to get ready to sell dollars and buy yuan in an effort to prop up the local currency. The move could stem the yuan’s fall, as it remains on track for its largest annual loss against the dollar since 1994. A hawkish Fed has pushed the dollar to 20-year highs this year, pressuring currencies around the world. The People’s Bank of China has told major state-run banks to prepare to shed dollar… Source link

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Google relaxes ban on stem cell therapy ads

Google relaxes ban on stem cell therapy ads

Google will allow ads for stem cell treatments that are approved by the US Food and Drug Administration — a change from its previous policy, which banned all ads for this experimental category of medical care. The policy update was first reported by Gizmodo and will go into effect in July. The company said in the policy update that it will also allow cell or gene therapy ads that are “exclusively educational or informational in nature,” even if they reference products or… Source link

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Kanye West wants to ‘redesign the world’ and music with Stem Player

If you want to listen to Kanye West’s new album — you’ll need to buy a $200 Stem Player. Last week, West announced that ‘Donda 2’ would not be available on traditional music streaming services like Spotify (SPOT) or Apple Music (AAPL), despite the latter reportedly offering the rapper a $100 million deal that he rejected. Instead, the album will exclusively stream on Ye’s new pocket-sized device, the latest evolution in a music industry where payment and distribution models are being rapidly… Source link

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