Asia: Stocks bounce back after Treasury-led sell-off
Asian equities stabilised on Friday following the previous day’s US bond-fuelled sell-off with traders tracking a slight pullback in Treasury yields as Donald Trump’s signature tax-cutting…
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Gold heads for best week in more than a month on US fiscal worries
GOLD was set for its best weekly gain in more than a month on Friday, as a softer dollar and mounting concerns about the deteriorating fiscal outlook for the world’s biggest economy…
Nomura raises top executives’ pay to highest in over a decade
RA Holdings increased pay for its top executives to the highest in more than a decade, as Japan’s biggest brokerage posted a record annual profit on the back of the nation’s…
US Supreme Court says Federal Reserve is unique, easing worries over Trump’s ability to fire Powell
A US Supreme Court ruling on Thursday in a legal battle over President Donald Trump’s firing of two federal labour board members contained a line that eased, for now, worries that the…
Bank of Japan to closely watch bond market situation: governor
[BANFF, Canada] Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will closely monitor the bond market amid surging yields on super-long Japanese government…
US panel divided over Nippon Steel bid for US Steel but path forward seen, says official
A national security panel was divided in its recommendation to President Donald Trump on Nippon Steel’s bid for US Steel but most panel members believe any security risks posed by the deal…
Europe: Stocks pressured by rising bond yields, weak economic data
EUROPEAN stocks fell on Thursday as concerns over US fiscal health kept Treasury yields elevated, while data showing weak euro zone business activity added to the gloom. The pan-European…
Vladimir Putin’s Dangerous Game
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The Intifada Comes to the Nation’s Capital
The targeting of a specifically Jewish event to advance the Palestinian cause is an act of international terrorism on U.S. soil. Source link
Medicaid Enrollment Should Decline
It is currently too high because of abuse and mission creep. Source link
Trump Is Not Different
Trump should not be judged differently than everyone who came before him. Source link
US: Wall St opens mixed after Trump's tax Bill narrowly clears House test
Wall Street’s main indexes opened mixed on Thursday (May 22) after the US House of Representatives passed President Donald Trump’s tax Bill, which is expected to burden the…
The Supreme Court Should Reset the Debate on Immigration Enforcement
Trump must honor due process in his deportation push, but judges don’t get to make up their own requirements either. Source link
Ralph Lauren beats quarterly revenue estimates on resilient demand
It posted quarterly revenue of US$1.70 billion, compared with estimates of US$1.65 billion Ralph Lauren surpassed quarterly revenue estimates on Thursday (May 22), helped by…
Xiaomi billionaire touts SUV, Chinese chip in tech showcase
Xiaomi’s billionaire founder outlined plans for its first SUV and top-end gadgets with self-developed mobile chips, showcasing ambitions to expand its technology portfolio and move past a…
Yangzijiang Shipbuilding order wins dip to US$0.3 billion
This is down from US$3.3 billion in the year-ago period, but vessel deliveries remain on track Marine vessel manufacturer Yangzijiang Shipbuilding reported that its year-to-date order wins…
Public Schools Robbed Children of Learning and Earnings. They Should Pay Kids Back
A national effort to compensate Americans affected by prolonged pandemic-era public school closures and other education policy failures is long overdue. Source link
Amy Sherald at the Whitney: Far More Than Michelle Obama’s Portrait
She’s a talented artist, but she needs to avoid rich, white, liberal groupthink, since it’ll ruin her work. Source link
Bring On Golden Dome
President Trump set out the correct vision on missile defense, but it will require follow-up. Source link
The Lost Post-Presidency of Joe Biden
In a long line of bad decisions, his last may very well be his worst. Source link
The Tariff Roller Coaster Is Playing Tricks on You
Despite recent cuts, the rates Americans are set to pay have increased considerably since Trump took office. Source link
Democracy Assistance Isn’t Regime Change
Strategic support for democracy not only makes the world safer and more secure for Americans — it’s what our forefathers would have done. Source link
Changi Airport Group full-year net profit doubles to S$841 million
Changi Airport Group (CAG) saw its net profit almost double to S$841 million for the full year ended Mar 31, up from S$431 million in the year-ago period. The 95 per cent rise in net…
In Chicago, Will the Pope Bump Last?
In Chicago, people are very excited about Pope Leo XIV, or Father Bob, as those who’ve known Robert Francis Prevost a long time reflexively call him. It’s titillating to imagine Pope Leo…