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China Sets Softer Carbon Caps for New Industries Added to Market

(Bloomberg) -- China has set softer emissions rules for the three industries it plans to add to its carbon market in 2025.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Trump Slashed International Aid. Geneva Is Feeling the Impact.How SUVs Are Making Traffic WorseParis Votes to Make 500 More Streets Car-FreeThe regulator has confirmed that steel, aluminum and cement companies will participate in

Fed's Goolsbee sees lower interest rates in a year's time, but warns of uncertainties, FT reports

Goolsbee, a voting member of Fed's rate-setting committee this year, told the FT that if markets start factoring higher inflation then he would view that as "a major red flag area of concern" for policymaking decisions. Fed policymakers left the central bank's benchmark interest rate in the 4.25%-4.50% range earlier in March and signaled they still expect to lower it at some point later this year. Fed Chair Jerome Powell later said that President Donald Trump's tariff increases would delay progress in bringing down inflation this year, but the Fed's base case is that tariff-related price impacts will be transitory, working through the economy quickly.

Investing in Bitcoin: Buying Strategy Stock vs. Buying Bitcoin Directly

Given that it's a currency outside the command of any government or central bank, Bitcoin (CRYPTO: BTC) is inherently an outsider's challenge to the traditional financial system. Strategy's extremely ambitious investment approach, which calls for using equity and debt financing as well as cash to buy a lot of Bitcoin, leaves investors with an interesting question: Is it better to simply buy Bitcoin directly, or might the returns from buying the stock be even higher? Strategy's strategy is essentially to issue convertible debt and equity to finance the purchase of billions of dollars of Bitcoin.

Amundi Sees Korean Stocks Braving Short Sellers to Extend Rally

(Bloomberg) -- For short sellers who are ready to take aim at South Korean stocks when a ban is lifted next week, Europe’s biggest asset manager has some advice: such a move may backfire.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Trump Slashed International Aid. Geneva Is Feeling the Impact.How SUVs Are Making Traffic WorseParis Votes to Make 500 More Streets Car-Free“It’ll be very dangerous