Reported 4 months ago
Takeo Hoshi, an academic knowledgeable about Japan's monetary policy, emphasized the need for the Bank of Japan to steadily increase interest rates to prevent inflation from surpassing its 2% target. Hoshi highlighted changing dynamics in wage inflation due to labor shortages, pushing labor costs and prices higher. He suggested that the BOJ should continue raising rates to stabilize inflation expectations, eventually moving towards quantitative tightening. Hoshi also cautioned about the risk of inflation exceeding the target and stressed the importance of considering global economic conditions in policy decisions, with many expecting a rate hike this year.
Source: YAHOO
Reported 4 months ago
Source: BARRONS
Reported 4 months ago
印度股票在歷史上顯示，在選舉後的六個月中， Sensex指數在過去五次選舉結果後均有上漲，給出超過11％的中位數回報。儘管市場大多已經價值化了印度總理莫迪的政黨勝利，但市場參與者預計他的政黨應能比上次的303個席位再創記錄以延續股票增長。投票將於6月1日結束，最終結果預計將在6月4日確定，30天隱含波動率已經從四月份的低點翻了一番，股市上週觸及新高。
Source: YAHOO
Reported 4 months ago
Embrace the summer scenery in Northern Taiwan by taking various public transportation options to destinations like Little Yin Tan Waterfall for water play, Old Caoling Tunnel for cycling, Bitou Cape Trail for sea views, Clock Mountain Trail for mountain views, Jiufen Old Street for tea and a mountain city experience, and Yangmingshan's Hydrangea Season for flower viewing. Utilize the Taiwan E-go Bus mobile app for access to detailed public transit information and route planning for a convenient and fun-filled travel experience.
Source: YAHOO
Reported 4 months ago
Renault and Geely have established a joint venture named HORSE Powertrain to develop more efficient gasoline engines and hybrid systems in an effort to enhance the competitiveness of their traditional auto business. The collaboration aims to address the growing demand for low-emission powertrains as electric vehicle sales slow down, with a focus on achieving successful decarbonization in a world where combustion engines are still expected to dominate vehicle production by 2040. The venture, expected to generate around 15 billion euros in annual revenue and produce about five million powertrain units per year, will be led by Matias Giannini as CEO and overseen by Geely Holding CEO Daniel Li as chairman of the board.
Source: YAHOO
Reported 4 months ago
Mass Ave Global Inc. and co-founder Winston Feng agreed to pay a total of $600,000 in fines to settle with the US Securities and Exchange Commission for misleading statements to investors in their Asia hedge fund. The company rose and fell within four years, facing governance issues and growing to $1.2 billion in assets by 2022. The SEC found discrepancies in the fund's exposure information, prompting an internal review and eventual closure of all 16 advised funds.
Source: YAHOO
Reported 4 months ago
Investors are eagerly awaiting inflation data from Europe and the U.S., with the euro zone expected to report 2.5% inflation for May and the European Central Bank likely to consider rate cuts. Markets are sensitive to any surprises in the data, as they weigh expectations for global rates. European bourses are predicted to open lackluster, while U.S. stocks, the dollar, and Treasury yields have all decreased following a downward revision to U.S. GDP, raising expectations for Fed rate cuts. The dollar is on track for its first monthly loss this year against major currencies. Asian equities rose, despite China's unexpected manufacturing activity decline in May. Additionally, markets have seemingly overlooked the conviction of former U.S. President Trump, who was found guilty of falsifying documents, with his media group's shares dropping after the verdict. Key events on Friday include the release of the euro zone and France's inflation reports for May and Germany's April retail sales data.
Source: YAHOO
Reported 4 months ago
Investors withdrew money from Chinese exchange-traded funds in May, marking the first outflow in 15 months and raising concerns about the recent stock market rebound. ETFs in Shanghai and Shenzhen saw a combined withdrawal of $4.2 billion, contrasting with previous inflows. The rally in Chinese stock markets has been supported by state funds but faced challenges amid a tepid earnings season and doubts over the efficacy of rescue measures, leading to a decline in investor confidence.
Source: YAHOO
Reported 4 months ago
Due to one of the driest Mays on record in Ukraine, wheat prices surged as fears of rising food costs resurfaced. Russia and Ukraine, major global wheat exporters, have faced crop damage from parched crops and unseasonal frost, impacting harvests and leading to a 12% monthly gain in benchmark wheat futures. Russia may declare a national emergency following frost damage, while Australia and India also face weather-related challenges, resulting in expectations of global wheat stockpiles falling to a nine-year low.
Source: YAHOO
Reported 4 months ago
The recent rise in U.S. Treasury yields, with the benchmark 10-year yield hitting nearly 4.64%, is causing concern for the stock market, which has been hitting record highs. Investors worry that the rise in yields could impact stocks negatively, as higher borrowing rates could affect consumer spending and business profits. The interplay between stocks and yields has been a key market dynamic this year, with some seeing reasons for yields to keep rising due to concerns about inflation, the U.S. fiscal deficit, and weak Treasury auctions. If the 10-year Treasury yield surpasses 4.7%, it could lead to more significant impacts on earnings and growth in the stock market.
Source: YAHOO
Reported 4 months ago
In its Q1 2025 earnings call, Veeva Systems reported total revenue of $650 million, exceeding guidance despite a reduction in full-year revenue forecasts. The leadership discussed the impact of macroeconomic challenges, deal timing in research and development, and strong progress in their commercial and R&D cloud solutions. They emphasized the importance of customer success and confidence in their product strategies, particularly with new launches like Vault CRM and Compass, while noting continued strong demand despite market headwinds.
Source: YAHOO
Reported 4 months ago
Japan is expected to see its household spending rise year-on-year for the first time in 14 months, with a predicted 0.6% increase in April following a decline in March. The slow growth is indicative of ongoing weakness in the consumer sector, as highlighted by Takeshi Minami, chief economist at Norinchukin Research Institute. The Bank of Japan's recent rate hike and concerns over weak private consumption are key points in the country's economic landscape.
Source: YAHOO
Reported 4 months ago
The US Cyber Chief, General Timothy Haugh, stated in an interview with Bloomberg Television that China is utilizing its companies to identify vulnerabilities in their own computer networks and then using that knowledge to target foreign nations and industries, displaying an increasingly aggressive hacking strategy. The US is actively collaborating with other nations to expose vulnerabilities and Chinese actions. In response to accusations of sponsoring malicious cyber activity, China claims to be a victim of cyber attacks from the US and its allies, engaging in efforts to safeguard national secrets and reorganizing its cyber forces.
Source: YAHOO
Reported 4 months ago
紐約客於川普被關於Stormy Daniels付賬的34項指控中被定罪後不到一小時釋出一幅新封面插畫，嘲諷川普。這幅由John Cuneo創作的作品名為“A Man of Conviction”，描繪川普將被手銬銬起來，但手和手腕卻太小無法銬住。這幅圖片將成為下週的雜誌封面，挑戰川普備受敏感的小手議題。
Source: YAHOO
Reported 4 months ago
Former Morgan Stanley banker Klaus Froehlich, now Chief Investment Officer at Abu Dhabi National Oil Co. (Adnoc), assures that the company's dealmaking momentum remains strong despite recent stalled transactions. Adnoc, under the leadership of CEO Sultan Al Jaber, continues to pursue an ambitious international expansion plan with recent acquisitions in the US and Mozambique, as well as ongoing talks with companies like Covestro and Borealis. Froehlich emphasizes Adnoc's focus on disciplined value and strategic growth across sectors like gas, LNG, chemicals, and renewables.
Source: YAHOO
Reported 4 months ago
Nicole "Snooki" Polizzi celebrated her youngest son Angelo's fifth birthday with a heartfelt social media tribute, expressing how special her third and last baby is to her. The Jersey Shore star shared photos of Angelo from birth to his recent celebrations, receiving birthday wishes from her former castmates. Snooki also recently shared pictures from a family vacation to Disney World's Animal Kingdom, where they all dressed in Disney attire. The article also briefly mentions her husband, Jionni LaValle, being named in a Netflix docuseries in the past.
Source: YAHOO
Reported 4 months ago
Enchantimals: Tales From Everwilde Season 2 follows the adventures of the Enchantimals and their animal friends as they navigate challenges. Available to stream on Amazon Prime Video, the season includes 13 episodes where the group faces separation but must find a way back together. Featuring voice-overs of various talents, the series offers a magical world filled with friendship and possibilities. Viewers can access the show by signing up for Amazon Prime Video membership, offering a wide range of movies, TV shows, documentaries, and exclusive content.
Source: YAHOO
Reported 4 months ago
Terri Irwin stated in an interview with Us Weekly that she is not looking for love following the death of her husband, Steve Irwin, in 2006, as she believes he was her "happily ever after." Terri emphasized that no one could compare to Steve and that she is content with being on her own. She also mentioned that Steve would be proud of the conservation work she and their children have continued in his honor.
Source: YAHOO
Reported 4 months ago
The 2024 NBA Finals will feature a matchup between the Boston Celtics and the Dallas Mavericks, set to begin on June 6. The Celtics have advanced through the playoffs with strong performances, while the Mavericks showcase a formidable offense led by Kyrie Irving and Luka Dončić. Key questions include whether the Celtics' wing defenders can slow down the Mavericks' star duo, the readiness of Kristaps Porziņģis after an injury layoff, the potential impact of Jayson Tatum for Boston, and whether Luka Dončić can lead the Mavericks to victory and solidify his impressive career achievements.
Source: YAHOO
Reported 4 months ago
Ryan Garcia's legal team announced that lemonade-flavored supplements declared by the boxer tested positive for Ostarine contamination, the same banned substance he previously tested positive for. They maintained that Garcia was a victim of supplement contamination and had never intentionally used any banned substances, pointing to previous negative tests and a clean hair sample as evidence. The supplements in question were raspberry-lemonade flavored NutraBio SuperCarb and Body Health strawberry-flavored amino-acid blend. The legal team hopes the finding will lead to a reduced suspension from the New York State Athletic Commission, as Garcia has faced various challenges including a defamation lawsuit from Logan Paul's drink company.
Source: YAHOO
Reported 4 months ago
Indian Prime Minister Narendra Modi is highlighting India's robust economy as he seeks reelection, with the country's economic growth being praised globally, but concerns are rising over economic disparities. Despite the economic boom, high unemployment and poverty persist among many Indians, with nearly 90% of the population earning less than the country's average annual income. Modi's opponents are leveraging these issues, emphasizing the need for more job creation and economic equality. Modi's administration has implemented welfare programs and cash transfers to address economic distress, but experts suggest that long-term solutions require investments in health, education, and sustainable employment opportunities to reduce inequality and uplift marginalized communities.
Source: YAHOO
Reported 4 months ago
Aaron Judge and Juan Soto contributed five RBIs to the New York Yankees' 8-3 victory over the Los Angeles Angels, with Judge hitting a two-run home run and Soto delivering a bases-clearing triple. Carlos Rodon pitched six strong innings for the Yankees, allowing three runs on three hits and striking out five. The bullpen held the Angels at bay as Ian Hamilton, Caleb Ferguson, Tommy Kahnle, and Michael Tonkin combined to secure the win. The Yankees now head to San Francisco to face the Giants in their next series.
Source: YAHOO
Reported 4 months ago
The Florida Panthers beat the New York Rangers 3-2 in Game 5 of the Eastern Conference final, moving within one win of returning to the Stanley Cup Final. Anton Lundell scored the go-ahead goal with 9:38 left, supported by goals from Gustav Forsling and Sam Bennett, with Sergei Bobrovsky making 25 saves for the Panthers. Chris Kreider and Alexis Lafreniere scored for the Rangers, who need two straight wins to reach the final for the first time since 2014. The Panthers can clinch the series in Florida on Saturday, with Lundell's deflected shot being the decisive goal in Game 5.
Source: YAHOO
Reported 4 months ago
Aircraft shortages in the market are leading to lucrative opportunities for some airlines, as the lack of supply is allowing carriers like Frontier Airlines and Wizz Air to sell new planes to leasing companies at significantly higher prices than they paid, resulting in gains up to hundreds of millions of dollars. These sale-and-leaseback transactions have become more attractive due to the tight airliner market, with U.S. airlines accounting for a larger share of global transactions this year. The shortage of aircraft deliveries expected this year, along with higher new aircraft prices, is impacting the industry, with lease prices surging and some airlines relying heavily on these deals for profitability.
Source: YAHOO