Forget free rooms. Travelers are amassing hotel points to bid on ‘money-can’t-buy’ experiences to Formula One races, NFL and NBA games, and concert performances from Taylor Swift and Ed Sheeran, with some loyalty members pledging millions to attend a single event, reports CNBC’s Monica Pitrelli.
Close up of Chinese Yuan notes, with Mao Tse-tung Peter Dazeley | The Image Bank | Getty Images China’s yuan rose to its strongest level in nearly 16 months on Friday on bets that Beijing will unveil fresh economic stimulus following a jumbo U.S. rate cut, though gains were capped by dollar buying from Chinese […]
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The Japanese flag flutters over the Bank of Japan (BoJ) head office building (bottom) in Tokyo on April 27, 2022. Kazuhiro Nogi | Afp | Getty Images The Bank of Japan kept its benchmark interest rate steady at around 0.25% — the highest rate since 2008 — at the conclusion of a two-day meeting Friday. […]
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The central bank of the People’s Republic of China is responsible for formulating and implementing monetary policies, preventing and defusing financial risks and maintaining financial stability. Peng Song | Moment | Getty Images China on Friday kept its main benchmark lending rates unchanged at the monthly fixing. Market watchers polled by Reuters had expected a […]
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