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Stock Market Today: Dow, S&P Live Updates for April 26: A rally in the world’s largest technology companies lifted stocks, with Wall Street also breathing a sigh ...
bloomberg.com/news/articles/2024-04-25/stock-market-today-dow-s-p-live-updates
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Stock Market Today: Dow, S&P Live Updates for April 26: A rally in the world’s largest technology companies lifted stocks, with Wall Street also breathing a sigh ...
bloomberg.com/news/articles/2024-04-25/stock-market-today-dow-s-p-live-updates
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Singapore Bank Fires Workers Over Misuse of Medical Claims: CNA: Bank of Singapore Ltd., the private-banking arm of Oversea-Chinese Banking Corp. ...
bloomberg.com/news/articles/2024-04-27/singapore-bank-fires-workers-over-misuse-of-medical-claims-cna
China is backing away from facial recognition technology — at least in hotels: Chinese officials have told hotels in Beijing and other cities to stop scanning ...
qz.com/china-stop-facial-recognition-technology-hotels-privacy-1851437900
Quick Glance: China Ends Facial Scans at Hotels
- Authorities in China are instructing hotels to cease conducting facial recognition scans on guests during check-in, as reported by state media.
- This directive is being implemented in various cities to reduce the use of facial scans and avoid potential issues.
- Experts caution that facial recognition may deter people from traveling and increase costs for businesses, with a risk of data misuse.
- An IT professional highlights technical challenges that China may face due to the extensive number of hotels, surveillance cameras, and databases, potentially leading to system overload.
Yen (JPY) Short Bets Hit a Record Ahead of BOJ Meeting: Traders upped bearish yen positions to a record high in the days ahead of the Bank of Japan’s policy ...
bloomberg.com/news/articles/2024-04-26/yen-traders-boosted-shorts-to-fresh-record-ahead-of-boj-meeting
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US Consumer Sentiment Falls as Inflation Expectations Climb: US consumer sentiment fell in April on dimmer views of personal finances and the economy as ...
bloomberg.com/news/articles/2024-04-26/us-consumer-sentiment-falls-as-inflation-expectations-climb
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US Small-Business Rent Delinquencies Rise to a Three-Year High: The delinquency rate for US small businesses climbed to a three-year high this month ...
bloomberg.com/news/articles/2024-04-26/us-small-business-rent-delinquencies-rise-to-a-three-year-high
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China's first-quarter industrial profits rise at slower pace: BEIJING (Reuters) -- China's industrial profits posted smaller gains for the first quarter ...
asia.nikkei.com/Economy/China-s-first-quarter-industrial-profits-rise-at-slower-pace
Singapore Plans Law to Support Gig Workers’ Retirement Needs: Singapore will introduce a new law this year that will help so-called gig-economy workers plan for ...
bloomberg.com/news/articles/2024-04-27/singapore-plans-law-to-support-gig-workers-retirement-needs
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Starbucks and US workers' union meet for contract negotiations: Starbucks held contract negotiations with the Workers United union over a two-day session in ...
reuters.com/business/retail-consumer/starbucks-us-workers-union-meet-contract-negotiations-2024-04-26/
North Korea accuses US of politicizing human rights issues: North Korea accused the United States on Saturday of politicizing human rights in the East Asian ...
reuters.com/world/north-korea-accuses-us-politicizing-human-rights-issues-2024-04-27/
Quick Glance: North Korea accuses US of politicizing rights concerns
- North Korea accuses the United States of politically instrumentalizing human rights in the East Asian country, condemning it as political provocation and conspiracy.
- Pyongyang criticized Washington for using human rights as a means for invasions and hostile behavior towards North Korea, threatening decisive actions to safeguard its sovereignty and safety.
- An annual report by the US State Department this week highlighted 'significant human rights issues' in North Korea, including arbitrary killings, enforced disappearances, torture, and other cruel treatments by government authorities.
- Additionally, North Korea criticized the US for urging them to cease missile launches and emphasized the continuation of their space reconnaissance mission to enhance the country's security.
Tech Rally Propels Emerging Stocks to Best Week Since July: Emerging-market stocks rose Friday, cementing their biggest weekly advance in nine months ...
bloomberg.com/news/articles/2024-04-26/em-stocks-head-for-best-week-since-july-on-us-tech-spillover
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UMB Financial in Talks to Acquire Rival Bank Heartland: UMB Financial Corp. is in talks to acquire rival Heartland Financial USA Inc., people with knowledge of ...
bloomberg.com/news/articles/2024-04-26/umb-financial-in-talks-to-acquire-rival-bank-heartland
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US Bitcoin (BTC) ETFs Suffer One of Worst Outflows as Token Wavers: Investors pulled a net $218 million from US Bitcoin exchange-traded funds ...
bloomberg.com/news/articles/2024-04-26/us-bitcoin-btc-etfs-suffer-one-of-worst-outflows-as-token-wavers
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The Axis of Upheaval: How America’s Adversaries Are Uniting to Overturn the Global Order
foreignaffairs.com/china/axis-upheaval-russia-iran-north-korea-taylor-fontaine
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Blinken meets with Xi in Beijing to try to improve US-China relations: The U.S. secretary of state ended his trip with a meeting with the Chinese president ...
english.elpais.com/international/2024-04-26/blinken-meets-with-xi-in-beijing-to-try-to-improve-us-china-relations.html
Quick Glance: Xi and Blinken Clash Over China's Backing to Russia
- Xi orders China’s biggest military reorganisation since 2015.
- He emphasizes that China is not afraid of competition as long as it is based on common progress.
- China is willing to cooperate with the US, provided it is mutual.
- A five-point consensus was reached to stabilize relations between the two countries.
BOJ Governor Ueda's comments at news conference: The Bank of Japan kept interest rates around zero on Friday and highlighted a growing conviction that inflation ...
reuters.com/markets/asia/boj-governor-uedas-comments-news-conference-2024-04-26/
What Was Your First Job Like? Advice For Graduating Students In US: As college graduation season nears, millions of students are preparing to enter the workforce ...
bloomberg.com/news/articles/2024-04-24/what-was-your-first-job-like-advice-for-graduating-students-in-us
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Insight: Why BYD's EV exports sell for twice the China price: U.S. and European politicians have raised alarms that their domestic auto industries could be ...
reuters.com/business/autos-transportation/why-byds-ev-exports-sell-twice-china-price-2024-04-26/
US economy grew less than expected in first quarter at 1.6% rate: Higher than expected price pressures cast doubt on potential for Fed rate cuts
ft.com/content/f9e3ebdd-0977-4b12-84cd-25c7380f91cb
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Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
Drop in BOJ’s Bond Holdings Gives Market Taste of Quantitative Tightening: Investors in Japanese government bonds have already had a taste of quantitative ...
bloomberg.com/news/articles/2024-04-26/drop-in-boj-s-bond-holdings-gives-market-taste-of-quantitative-tightening
Dovish BOJ Decision Paves Way for Even Weaker Yen, Analysts Say: The Bank of Japan largely left its monetary policy settings unchanged Friday ...
bloomberg.com/news/articles/2024-04-26/dovish-boj-decision-paves-way-for-even-weaker-yen-analysts-say
US Economic Growth Isn't Helping Biden Reelection Campaign Due to Inflation: The latest good news and bad news about the US economy is just plain bad news ...
bloomberg.com/news/articles/2024-04-26/growth-plus-inflation-economy-is-a-lose-lose-for-biden
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Yellen says economy performing well, inflation will ebb: Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very ...
reut.rs/3QePZz6
Snap Stock Jumps After Sales Projections Beat Estimates on Ads: Snap Inc. gained in extended trading after projecting that revenue in the current quarter will ...
bloomberg.com/news/articles/2024-04-25/snap-projects-sales-that-tops-estimates-on-improved-ad-business
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Walmart’s Rob Walton to Retire From Board: Chipotle CEO Brian Niccol will replace his spot on the board of directors.
barrons.com/articles/walmart-rob-walton-retire-board-26c3cd33
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Bill Gross Says Stick to Value Stocks, Avoid Tech as Treasury Yields Soar: Bill Gross offered some advice to investors as Treasuries and equities slumped ...
bloomberg.com/news/articles/2024-04-25/bill-gross-says-stick-to-value-over-tech-as-us-yields-soar
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US Treasury Yields Rise as Price Pressures Cast Doubt on Fed Rate-Cut Path: Treasury yields rose to 2024 highs as evidence of sticky US price pressures casts ...
bloomberg.com/news/articles/2024-04-25/treasuries-hold-losses-after-seven-year-sale-meets-expectations
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China Overseas Investment Is at Eight-Year High as Firms Build Factories Abroad: China’s overseas investment is heading for an eight-year high as its dominant ...
bloomberg.com/news/articles/2024-04-25/china-firms-are-investing-abroad-at-fastest-pace-in-eight-years
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Cooler US GDP Growth Obscures Resilient Demand From Consumers, Businesses: The surprisingly sharp downshift in US economic growth last quarter masked otherwise ...
bloomberg.com/news/articles/2024-04-25/cooler-us-gdp-growth-obscures-resilient-demand-from-consumers-and-businesses
Pantera Capital Seeks to Raise $1 Billion for a New Crypto Fund: Pantera Capital, one of the largest managers of digital assets, is seeking to raise more than $1 ...
bloomberg.com/news/articles/2024-04-25/pantera-capital-seeks-to-raise-1-billion-for-a-new-crypto-fund
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The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
Bank of Japan Holds Rates Steady, Expects Inflation to Stay Around 2%: The Bank of Japan kept its interest-rate target unchanged, a month after it made its first ...
wsj.com/economy/central-banking/bank-of-japan-holds-rates-steady-expects-inflation-to-stay-around-2-76f50174
Smokeless Products Are the Future of Big Tobacco. This Company Is Losing the Race.
on.barrons.com/3y3rpdW
Japanese yen retreats after sudden surge: The Japanese yen slid on Friday, having briefly jumped against the dollar and other currencies ...
reuters.com/markets/currencies/yen-its-weakest-decades-boj-meets-2024-04-26/
Sri Lanka approves IMF-backed law to seize proceeds of crime: Sri Lanka has approved a new law backed by the International Monetary Fund (IMF) allowing the state ...
reuters.com/world/asia-pacific/sri-lanka-approves-imf-backed-law-seize-proceeds-of-crime-2024-04-26/
Gold Continues to Boom. The Major Buyer: Central Bankers: Central banks have long been supporting players in the demand for gold. But the sanction on dollar ...
on.barrons.com/3xSUbhu
Traders See Cocoa Rally Top $15,000 on Lingering Supply Shortage: Cocoa prices have been on a tear this year and the rally may have even more room to run as bean ...
bloomberg.com/news/articles/2024-04-25/traders-see-cocoa-rally-top-15-000-on-lingering-supply-shortage
South Korea's public finances no longer a credit rating 'strength', Fitch says: South Korea's public finances are no longer a strength for its sovereign credit ...
reuters.com/markets/asia/south-koreas-public-finances-no-longer-credit-rating-strength-fitch-says-2024-04-26/
American Coleman believes Bolt's 100m record could fall soon: American sprinter Christian Coleman believes that Usain Bolt's 100-metres record of 9 ...
reuters.com/sports/athletics/american-coleman-believes-bolts-100m-record-could-fall-soon-2024-04-26/
G42 Allies With US Over China in Global AI Conflict: Abu Dhabi-based G42 found it could no longer play for both teams.
bloomberg.com/news/articles/2024-04-25/g42-allies-with-us-over-china-in-global-ai-conflict
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The Dream of Fed Rate Cuts Is Slipping Away: Investors are backing away from expectations that the central bank can reduce rates in coming months ...
wsj.com/economy/central-banking/the-dream-of-fed-rate-cuts-is-slipping-away-55903ca5
Singapore Economy Likely to Strengthen This Year, But Faces Long-Term Pressures: Singapore’s central bank said growth could be driven by the global electronics ...
wsj.com/economy/singapore-economy-likely-to-strengthen-this-year-but-faces-long-term-pressures-2f77cc89
Household Debt Hits Record High As Indians Splurge, Study Shows: India’s household debt likely surged to a record in the final three months of last year ...
bloomberg.com/news/articles/2024-04-25/household-debt-hits-record-high-as-indians-splurge-study-shows
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Here's Who's Winning the Global Fight for AI Talent: Inside the competition for top-tier researchers.
bloomberg.com/news/articles/2024-04-25/here-s-who-s-winning-the-global-fight-for-ai-talent
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Is it too late to invest in the gold rush?: Demand from China drove prices to a record high this month — now many suspect the normal rules no longer apply
ft.com/content/69d46a93-916c-4044-a3c4-f1b5bad2e412
Has Germany’s far-right AfD become a gateway for Chinese and Russian spies?: The arrest this week of an aide to the far-right Alternative for Germany (AfD)'s ...
france24.com/en/europe/20240426-has-germany-s-far-right-afd-become-a-gateway-for-chinese-and-russian-spies
BHP's proposed bid for Anglo American is a big bet on copper: BHP Group's proposed $39 billion buyout of Anglo American is a big bet on copper that could spark a ...
reuters.com/markets/commodities/bhps-proposed-bid-anglo-american-is-big-bet-copper-2024-04-25/
Quick Glance: BHP Proposes Acquisition to Anglo American
- Anglo American receives BHP buyout proposal, reshaping the copper market.
- The proposal involves BHP acquiring Anglo shares, sparking industry transactions.
- Anglo reviews proposals after profit decline, plans demergers to reduce South Africa exposure.
- The potential deal could make BHP the world's largest copper producer with market impacts.
Watch: China launches manned spaceship to Tiangong space station for six months : China on Thursday (Apr 25) launched a manned spaceship into space from the ...
wionews.com/world/watch-china-launches-manned-spaceship-to-tiangong-space-station-for-six-months-714965
Hermes Defies Luxury Slowdown With Sales Jump in Asia: Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a ...
bloomberg.com/news/articles/2024-04-25/hermes-defies-luxury-slowdown-with-sales-jump-in-asia
Apple loses top spot in China market with shipments down 6.6% in Q1, data shows: Apple lost its crown as China's biggest smartphone seller in the first quarter ...
reuters.com/technology/apple-loses-top-spot-china-market-with-shipments-down-66-q1-data-shows-2024-04-25/
Singapore's Temasek and BlackRock venture closes $1.4bn climate fund: SINGAPORE -- A joint venture between Singapore state investor Temasek Holdings and ...
asia.nikkei.com/Spotlight/Environment/Climate-Change/Singapore-s-Temasek-and-BlackRock-venture-closes-1.4bn-climate-fund
Russian President Vladimir Putin to visit China in May as Moscow seeks to bolster ties with Beijing
scmp.com/news/world/russia-central-asia/article/3260396/russias-vladimir-putin-says-plans-visit-china-may
China Life Profit Falls as Rout Erodes Investment Returns: China Life Insurance Co., the nation’s largest life insurer by market share, said profit fell 9 ...
bloomberg.com/news/articles/2024-04-26/china-life-profit-falls-as-stocks-rout-erodes-investment-returns
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New Huawei Pura Phone Has Latest Version of Controversial Made-in-China Chip: Huawei Technologies Co.’s latest smartphones carry a version of the advanced ...
bloomberg.com/news/articles/2024-04-26/huawei-s-new-phone-sports-latest-version-of-made-in-china-chip
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Chinese EV maker Xpeng says partnership with Nvidia unaffected by US trade sanctions
scmp.com/tech/big-tech/article/3260387/chinese-ev-maker-xpeng-says-partnership-nvidia-unaffected-us-trade-sanctions
Beijing car show points to all-electric future as local brands dominate: China's largest motor show opened in Beijing on Thursday with the biggest names ...
timeslive.co.za/motoring/news/2024-04-25-beijing-car-show-points-to-all-electric-future-as-local-brands-dominate/
Tesla cuts prices around the world: What you need to know: Price war heats up as EV leader slashes prices by $2,000, will competitors match it?
gulfnews.com/special-reports/tesla-cuts-prices-around-the-world-what-you-need-to-know-1.1713753140118
Nokia cuts orders with China-listed supplier as U.S. pushes 'clean network': TAIPEI -- Nokia, the world's second-largest telecom equipment maker after ...
asia.nikkei.com/Spotlight/Supply-Chain/Nokia-cuts-orders-with-China-listed-supplier-as-U.S.-pushes-clean-network
Changi Airport’s passenger traffic exceeds pre-pandemic levels in Q1 2024: Some 16.5 million passengers passed through the airport in the first three months of ...
straitstimes.com/singapore/changi-airport-s-passenger-traffic-exceeds-pre-pandemic-levels-in-q1-2024
Archery, World Cup Shanghai: Indian compound archers sweep all three team event gold medals
scroll.in/field/1067124/archery-world-cup-shanghai-indian-compound-archers-sweep-all-three-team-event-gold-medals
Archery World Cup 2024: India bags three gold medals to sweep compound team events
sportstar.thehindu.com/archery/archery-world-cup-2024-india-wins-compound-men-women-team-gold/article68113093.ece
Air China orders 100 COMAC C919 jets in $11 billion deal, boosting China's commercial aircraft ambitions
aviation24.be/airlines/air-china/air-china-orders-100-comac-c919-jets-in-11-billion-deal-boosting-chinas-commercial-aircraft-ambitions/
Global carmakers take on Chinese giants in EV showdown at Beijing Auto Show 2024: The biannual trade event represents another landmark moment for the Chinese EV ...
technode.com/2024/04/26/global-carmakers-take-on-chinese-giants-in-ev-showdown-at-beijing-auto-show-2024/
MG celebrates 100 years by showing the world's slipperiest car: One of the most stunning concept cars the world has ever seen was shown for the first time ...
newatlas.com/automotive/mg-exe181-concept-prototype/
Apple's IPhone Exports From India Have Doubled, But Component Manufacturing Needs To Pick Up - Forbes India
forbesindia.com/article/news/apples-iphone-exports-from-india-have-doubled-but-component-manufacturing-needs-to-pick-up/92781/1
Top China scholar to headline new ‘Master Series’: KUALA LUMPUR: A special “Master Series” will be held in conjunction with the 50th anniversary celebration of ...
thestar.com.my/news/nation/2024/04/26/top-china-scholar-to-headline-new-master-series
Asia's first Peppa Pig outdoor theme park to open in Shanghai: Peppa Pig fans in Asia rejoice! A groundbreaking ceremony was held Wednesday to announce the ...
news.abs-cbn.com/lifestyle/2024/4/25/asia-s-first-peppa-pig-outdoor-theme-park-to-open-in-shanghai-1636
McLaren needs to understand puzzling “up and down” F1 form - Piastri: Oscar Piastri thinks McLaren needs to better understand why its “up and down” performances ...
motorsport.com/f1/news/mclaren-puzzling-up-down-form-piastri/10602927/
Mercedes head ready to take on Chinese competition | DPA: Mercedes-Benz chief executive Ola Källenius expressed confidence that the company could cope with ...
nordot.app/1156194632565555457
Massive 2,200-year-old tomb with grand interior unearthed in China. See its treasures
miamiherald.com/news/nation-world/world/article287947970.html
Keke Palmer And SZA To Star In Issa Rae-Produced Buddy Comedy From TriStar Pictures
deadline.com/2024/04/keke-palmer-sza-issa-rae-tristar-pictures-1235896290/
Quick Glance: Keke Palmer and SZA in New Comedy Produced by Issa Rae
- Issa Rae is producing a new comedy starring Keke Palmer and Grammy winner SZA.
- The project will be led by TriStar Pictures and directed by Lawrence Lamont.
- Keke Palmer will serve as an executive producer, while SZA will make her acting debut.
- Rae criticized the cancellation of diverse series and expressed concerns about the Hollywood industry.
Musk and Australia argue over video of knife attack on X: In Sydney, a priest was attacked with a knife during a mass that was broadcast live on the internet ...
nzz.ch/panorama/elon-musk-und-australien-streiten-ob-das-video-einer-messerattacke-auf-der-plattform-x-sichtbar-bleiben-soll-ld.1828128
Quick Glance: Dispute Over Video of Knife Attack on X
- The owner of X, Elon Musk, refuses to delete the video of a knife attack in Sydney from his platform, leading to a dispute with the Australian authorities.
- Australian authorities demand the global removal of the video, while X is only willing to block access in Australia.
- Elon Musk defends freedom of speech and criticizes the authorities for limiting free expression.
- Authorities file a lawsuit to force the removal of the video, while Musk is criticized for publishing violent content on his platform.
Microsoft releases MS-DOS 4 source code on GitHub — 45 year old code now open-source
tomshardware.com/software/operating-systems/microsoft-releases-ms-dos-4-source-code-on-github-45-year-old-code-now-open-source
Quick Glance: Microsoft Releases MS-DOS 4 Source Code on GitHub - 45-Year-Old Code Now Open-Source
- The release of the nearly 45-year-old MS-DOS 4.00 source code under the MIT license grants tinkers full freedom, including binaries and disk images.
- The decision to disclose the MS-DOS 4.00 source code was significantly influenced by the communication between former Microsoft Chief Technical Officer Ray Ozzie and a young computer researcher named Connor 'Starfrost' Hyde.
- In addition to other materials, the MS-DOS 4.00 Intel 8086 assembly code and documentation are now available on GitHub, providing enthusiasts the opportunity to run the operating system on old hardware.
- As a reader of Tom's Hardware, gain exclusive insights into enthusiast PC tech news and benefit from over 25 years of experience in CPUs, GPUs, artificial intelligence, and more.
Pro-Palestinian protests expand where are the hot spots?: Students are now protesting the war in Gaza at dozens of universities and occupying campuses ...
nzz.ch/propalaestinensische-proteste-weiten-sich-aus-wo-sind-die-brennpunkte-ld.1827942
Quick Glance: Pro-Palestinian Protests: An Overview
- Pro-Palestinian protests spread across US universities, with some demands being antisemitic.
- Originating at Columbia University, the movement expanded nationwide.
- Students call for ending ties with Israel, university administrations react diversely.
- Protests mostly peaceful, potential continuation post-semester.
Columbia protest leader banned from campus for saying ‘Zionists don’t deserve to live’
timesofisrael.com/columbia-protest-leader-banned-from-campus-for-saying-zionists-dont-deserve-to-live/
Quick Glance: USC Main Commencement Canceled Amid Gaza War Protests
- Protests against the Israel-Hamas war prompt the cancellation of USC's main graduation ceremony and numerous arrests at campuses nationwide.
- Universities are grappling with protests that could disrupt upcoming commencement ceremonies and are considering changes to regulations regarding encampments and exams.
- Some students demand schools sever ties with Israel, leading to accusations of antisemitism and concerns about safety on campus.
- The wave of protests, inspired by events at Columbia University, has led to civil rights investigations into universities facing protests and complaints of discrimination amidst the Israel-Hamas conflict.
China Industrial Profits Drop as Demand From Overseas Stalls
bloomberg.com/news/articles/2024-04-27/china-industrial-profits-decline-as-demand-from-overseas-stalls
Aaron Sorkin to write film about January 6 and Facebook disinformation: The Social Network screenwriter is returning to digital chaos for a new film about how ...
theguardian.com/culture/2024/apr/26/aaron-sorkin-january-6-film
Quick Glance: Aaron Sorkin Writing Potential Social Network Sequel
- Oscar-winning screenwriter Aaron Sorkin reveals he is working on a new movie that could be a follow-up to The Social Network.
- Sorkin blames Facebook for January 6 and plans to address how social media is impacting democracy.
- He criticizes Facebook for tuning its algorithms to promote divisive content to increase engagement, neglecting the balance between growth and integrity.
- While Sorkin's representatives have not responded yet, sources mention the project is in early stages of development with no attached studio.
Daimler Truck Workers Reach Deal and Avert Threatened Strike in North Carolina: The United Automobile Workers reached an agreement involving workers who make ...
nytimes.com/2024/04/26/business/daimler-truck-uaw-strike.html
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