Biden's team is divided on whether to drop or expand tariffs imposed by Trump on Chinese goods, sources say

Chinese scientific research accounts for almost a quarter of the world's output, the report said, and leads the way for world's most cited studies.

"The optimism came on the back of a US consumer inflation rate that eased in July after hitting the peak a month before," Prashanth Tapse, a research analyst at Mehta Equities, said.

The transaction ''will further strengthen our defence against the severe market environment," SoftBank said.

The Taiwanese electronics maker forecast flat revenue growth for the quarter ending in September amid concerns over the impact of inflation and a potential recession on gadget demand. 

Japan's ageing population was the main source of the decline, said the report, while Covid-19 restrictions last year kept its foreign population lower than usual

Cuban dismissed the metaverse, saying ''right now it's more talk than anything,'' Business Insider reported. 

The central bank is likely to hike its policy rate by 60 basis points by December, indicating 10-year yields may test a three-year high in coming months, says ICICI Securities Primary Dealership.

Thousands of people flooded the streets of Dhaka, demanding gas prices are cut to previous levels within 48 hours.

Ethereum's move to a faster, more efficient form of mining may be behind crypto's rebound, JP Morgan has said, following positive results from testnets in recent months.

This year hundreds of China's smaller cities have taken steps to boost demand, offering subsidies, relaxing curbs and cutting down-payment requirements to try to boost home sales.

The statement came a few hours after US President Joe Biden said he was "not worried" about China's military taking further measures.