World
Asia stocks decline as investors react to mixed Chinese economic data
SINGAPORE — Asia markets largely slipped in Monday trade, with investors reacting to the release of Chinese economic data, including first-quarter gross domestic product figures. In Japan, the Nikkei 225 fell 1.5% as shares of Fast Retailing declined nearly 2%. The Topix index shed 1.22%. Mainland Chinese stocks were also lower, with the Shanghai composite […]
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Sri Lanka’s reluctance to tap IMF helped push it into an economic abyss
Protesters in Colombo on Easter, April 17, 2022. The Rajapaksa government has leaned heavily on its foreign exchange reserves, eroding them by more than 70% in two years. Jewel Samad | AFP | Getty Images Sri Lanka’s worst economic crisis has triggered an unprecedented wave of spontaneous protests as the island nation of 22 million […]
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There’s an ‘alarming change’ in North Korea’s approach to nuclear weapons, says professor
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jeffrey Lewis of the Middlebury Institute of International Studies says what North Korea “really, fundamentally” wants is the ability to use a much larger number of nuclear weapons against U.S. forces in South Korea and Japan if they thought an invasion was […]
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Bank of Japan’s Kuroda warns recent yen moves ‘quite sharp,’ may hurt businesses
Haruhiko Kuroda, governor of the Bank of Japan, gestures while speaking during a news conference at the central bank’s headquarters in Japan, on March 18, 2022. He said on Monday the yen’s recent moves have been “quite sharp” and could hurt companies’ business plans. Kiyoshi Ota | Bloomberg | Getty Images Bank of Japan Governor […]
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China’s first quarter GDP beats expectations to grow 4.8% year-on-year
A traffic police officer prepares to check a truck at a service station near Shanghai, which has ordered tighter restrictions on travel in and out of the city as China battles its most severe Covid outbreak since the early days of the pandemic in 2020. Yin Liqin | China News Service via Getty Images BEIJING […]
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4 people on how their company’s switch to work-from-anywhere spurred them to move around the world
While some companies continue to debate remote and hybrid work for their teams, others are embracing a more flexible work-from-anywhere approach. Atlassian, an Australia-based software company with employees around the world, introduced its own “Team Anywhere” policy in August 2020, which allows its 7,388 employees to relocate to another city or country where the company […]
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Goldman says recession risks are growing, but it’s too early to worry. Here’s why
Goldman Sachs says it’s too early for “recession obsession.” Source
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S&P 500 futures slide ahead of a huge week of earnings reports
Stock futures fell Sunday evening as investors braced for a week of major first-quarter earnings reports ahead. Futures on the Dow Jones Industrial Average lost about 150 points, or 0.4%. S&P 500 futures shed 0.5%. Nasdaq futures were lower by 0.8%. Bank of America reports quarterly results Monday before the bell. Several Dow blue-chip names […]
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China Eastern restarts flights using Boeing 737-800 after March crash
A China Eastern Airlines Boeing 737-800 aircraft flies on February 13, 2022 in Kunming, Yunnan Province of China. Vcg | Visual China Group | Getty Images China Eastern Airlines has restarted using Boeing 737-800 jetliners for commercial flights less than a month after a crash that killed 132 people on board and grounded over 200 […]
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It’s a matter of when, not if, the SEC approves bitcoin spot ETF, says Grayscale CEO
Crypto experts are hopeful a spot bitcoin ETF could arrive as soon as this year. The optimism comes on the heels of the Securities and Exchange Commission approving an application for the Teucrium Bitcoin Futures ETF earlier this month. The fund was filed under the Securities Act of 1933, instead of the Investment Company Act […]
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