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Japan government to approve $140bn stimulus
Japan government to approve $140bn stimulus
Economy
by  AFP

Japan's minority government was expected Friday to approve a $140-billion stimulus drive aimed at putting more money in consumers' pockets after the ruling party's worst election result in 15 years. The package comes a year after Ishiba's predecessor Fumio Kishida, who resigned earlier this year, announced a stimulus package worth 17 trillion yen ($113 billion at the time).

Top US securities regulator to exit, clearing way for Trump pick
Top US securities regulator to exit, clearing way for Trump pick
Economy
by  AFP

The top US securities regulator, a skeptic towards cryptocurrency who was appointed by President Joe Biden, announced Thursday he will step down in January when Donald Trump takes office. Gary Gensler, chair of the Securities and Exchange Commission (SEC), said he will resign on January 20, the same day Trump assumes the presidency.