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dollar eased from a 12-week peak on Monday as traders weighed the U.S. monetary path after the Fed Chair Jerome Powell left open the possibility of further interest rate increases, while the yen hovered close to its lowest in over nine months. In an eagerly awaited speech at the annual Jackson Hole Economic Policy Symposium, Federal Reserve Chair Powell promised to move with care at upcoming meetings as he noted both progress made on easing price pressures as well as risks from the surprising strength of the U.S.

By Wayne Cole

Investing.com-- Oil prices rose slightly in early Asian trade on Monday as focus turned to economic readings from the world’s largest oil importer due this week, with U.S. oil futures within sight of the key $80 a barrel level. 

SYDNEY (Reuters) — Australian retail sales rebounded in July after a sharp fall the previous month, but the annual rate slowed further, a result that should not upset the outlook for interest rates as high borrowing costs work to slow consumer spending.

The Brazilian football (soccer) icon Ronaldinho has failed to show at a parliamentary hearing on crypto pyramids, and could face jail time if he refuses to attend another hearing later this month.

Indian stock market is likely to open higher on Monday led by positive global cues amid gains in Asian and US peers. This week, investors will eye a host of stock market triggers including the much-awaited annual general meeting (AGM) of oil-to-telecom conglomerate Reliance Industries, macroeconomic data, global cues, and more. In the week gone by, Indian stock market consolidated in a range and settled lower for the fifth successive week, the longest streak since April 2022, amid weak global cues.

There is a sliver of hope for taxpayers like Mehta. Archit Gupta, Founder and CEO of tax filing portal, ClearTax, suggests that she file a revised tax return and opt for the new tax regime. Under Section 139(5), a taxpayer can voluntarily revise the tax return filed by him. Revised returns for the current assessment year can be filed till 31 December 2023. The revision can be done even after the return has been processed by the tax department. Under the new tax regime for the financial year 2022-23, Mehta will not get the benefit of Rs.50,000 standard deduction or her contribution to the Provident Fund, but her tax would be lesser due to the lower tax rates. She can save about Rs.3,200 tax under the new regime. Incidentally, ClearTax users are alerted about the difference in the tax liability of the old and new tax regimes when they file their returns. “The taxpayer can decide at that point which tax regime he wants to opt for,” says Gupta of ClearTax.File a revised return if… Tax

Who can open? It can be opened by individuals who come back to India after their stay abroad; by non-resident Indians (NRIs) and persons of Indian origin (PIOs/OCIs) seeking to maintain foreign currency holdings in India; and those eligible for foreign exchange remittances like pensions, salaries, or proceeds from overseas asset sales.Eligibility The following conditions need to be fulfilled:

credit risk funds and liquid funds sit on opposite ends of the risk-return spectrum. Liquid funds are usually used for parking any idle surplus, with safety as a priority, even if it means compromising on returns. Credit risk funds are fancied by yield-hungry investors for the promise of a bigger pay-off.

China’s economy was meant to drive a third of global economic growth this year, so its dramatic slowdown in recent months is sounding alarm bells across the world. Policymakers are bracing for a hit to their economies as China’s imports of everything from construction materials to electronics slide. Caterpillar Inc.

AFP. He argued that the garment violates France's strict secular laws in education. "It will no longer be possible to wear an abaya at school," Education Minister Gabriel Attal told TF1 television, as per the report. The development comes after months of debate over the wearing of abayas in French schools, where women have long been banned from wearing the Islamic headscarf.

Judo says the big banks are still dragging their heels when customers want to switch business lenders amid growing regulatory scrutiny of potential anticompetitive conduct.

By Jamie McGeever

Elvis biopic, focuses on the life of Priscilla Presley, Elvis's young wife.

By Suleiman Al-Khalidi

Amazon Prime Video is set to premiere The Wheel of Time Season 2 this week, generating significant anticipation. The streaming service is offering a diverse array of content for the week ahead. Amazon Prime Video is introducing multiple new releases in the coming days. A substantial influx of over 300 movies and shows is scheduled to arrive on Friday, September 1, marking a notable surge in offerings. The streaming platform routinely refreshes its library by adding and removing content, encompassing TV shows, documentaries, and movies. This practice is aimed at sustaining viewer engagement and complying with legal obligations.

Black Summer Season 3 remains uncertain as the passage of time and lack of updates cast doubt on its continuation. Following a two-year wait for Season 2 after the first installment, it has now been over two years again with no indications of a third season. Given the prolonged silence, coupled with modest viewership numbers, speculations arise that Black Summer might have silently met its end. Black Summer, a Netflix Original horror series co-created by Karl Schaefer and John Hyams, serves as a prelude to the eccentric zombie show Z-Nation. The second season of Black Summer marked a notable improvement over its predecessor. The show's ability to create tension during zombie encounters and survivor confrontations remains its strong point. Regarding the possibility of Black Summer's return for Season 3, Netflix's official stance remains «Pending» as of June 17, 2021. Season 2 premiered on the streaming platform in June 2021, and despite the passage of two years, there has been no word about its future. Jamie King, a lead actor in the series, expressed optimism about Season 3's potential in an interview with Express. However, her remarks also implied that a third season might conclude the series. Neither Netflix nor The Asylum, the production company, provided comments regarding the show's future. The absence of a Season 3 renewal might stem from the show's limited global viewership and relative lack of popularity, especially in English-speaking regions like the US and UK. Despite briefly entering the US TV top ten from June 17 to July 2, 2021, Black Summer was later displaced by other shows. A global top-ten placement was not achieved, and the show's performance fell short of rival series like Lucifer.

China have resulted in India's steel exports falling by a third, but local producers will have a limited impact given robust sales in the domestic markets, experts said. Domestic demand will also help in keeping the price of the alloy stable in the country, they said. China’s steel exports, including to India, have seen a sharp jump in recent months. Its shipments to India, for instance, hit a multi-year high in the June quarter. Chinese mills are also reported to be undercutting other steel producers in terms of prices. This, in turn, has had an impact on exports by Indian steel companies, with countries in the Middle East and Vietnam buying more steel from China. India exported 780,000 tonnes of finished steel and billets a month on average between January and July, as against an average of 1.08 million tonnes a year earlier, data from market intelligence platform SteelMint show.

reality show, Car Masters: Rust to Riches. The show, which premiered in 2018, features the crew at Gotham Garage transforming old vehicles into market-ready or road-ready machines. So far, the show has produced 32 episodes spanning four seasons, with the latest season, season 4, releasing on Netflix in July 2022. Netflix has experimented with various motor-themed reality shows in the past, including Rust Valley Restorers (lasting three seasons), Tex Mex Motors (a single season), and Fastest Car. Car Masters has emerged as one of their most successful entries, boasting an IMDb rating of 8.4 and frequent appearances in Netflix's top 10 lists worldwide. The renewal news for season 5 was confirmed by Mark Towle, a member of the Gotham Garage team, in a late July 2023 Instagram post. Towle assured fans that season 5 is on the horizon and will be released very soon. He also hinted at impressive car transformations and the addition of new team members. The familiar faces of Mark Towle, Tony Quinones, Constance Nunes, Shawn Pilot, and Michael «Caveman» Pyle are all expected to return. Currently, no official release date has been set for Car Masters: Rust to Riches season 5.

On August 14, 2023, Hut 8 Mining Corp, one of North America's major pioneers in the mining of digital assets, released its financial results for the second quarter of 2023. The report offers a thorough look at the business' performance, including both successes and problems encountered throughout the quarter.

Taiwan's Financial Supervisory Commission (FSC) has drafted a set of guidelines to regulate virtual asset platforms, according to information obtained by Abmedia News. The draft, which is not yet finalized, consists of thirteen principles and related appendices. The guidelines are expected to be announced in September 2023.