Asian Equities Rise As Currencies Weaken
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Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
ISM service-sector gauge weakens sharply in April
The Institute for Supply Management said on Friday that its service-sector PMI dropped sharply to 49.4% in April from 51.4% in the prior month.MarketWatch - Business -
Cyclone Hidaya weakens as it moves toward Tanzania's coastline, officials say
Yahoo News - World -
The Rocket Fuel Behind China Shock 2.0: Weak Currency, Deflation
Flat to falling prices coupled with inflation elsewhere and a lower exchange rate have turbocharged China’s export boom.The Wall Street Journal - World - China -
Using home equity to pay off your mortgage? Here are the pros and cons
Are you thinking about paying your mortgage off with your home equity? Here are pros and cons to consider first.CBS News - Top stories -
AP PHOTOS: South and Southeast Asian countries cope with a weekslong heat wave
South and Southeast Asian countries have been coping with a weekslong heat wave rendering record high temperatures that have posed a severe health risk. Umbrellas to shield against blazing sunlight are popular, air-conditioned malls are serving ...ABC News - Health -
AP PHOTOS: South and Southeast Asian countries cope with a weekslong heat wave
South and Southeast Asian countries have been coping with a weekslong heat wave rendering record high temperatures that have posed a severe health risk. Umbrellas to shield against blazing sunlight are popular, air-conditioned malls are serving ...ABC News - World -
Retail investors snap up triple-leveraged US equity ETFs
Volatile April markets draw money into riskier tradesFinancial Times - World -
Private equity firms step up plans to edge banks out of low-risk lending
Apollo issues record $40bn of loans in the first quarter, mirroring growth at rivals including KKR and BlackstoneFinancial Times - Business -
U.S. Natural Gas Futures Snap Three-Week Losing Streak
U.S. natural gas futures posted their biggest weekly gain since January, supported by reports of rising LNG feedgas flows, lower U.S. production, and forecasts for hot weather in Texas next week that should drive up demand from the power sector.The Wall Street Journal - World