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 -
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 -
Moskowitz takes down post that invoked ethnic stereotype about Asian Americans
Politico - Politics -
3 strategic home equity moves to make this May
Considering accessing your home equity this month? Then you'll want to make these three strategic moves.CBS News - Top stories -
3 of the 4 Most Valuable Companies Are Run by Asian Americans. Here's Why We Shouldn't Celebrate Just Yet
Despite the success of Sayta Nadella, Jensen Huang, and Sundar Pichai, a 'bamboo ceiling' persists.Inc. - Business -
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 -
Retail investors snap up triple-leveraged US equity ETFs
Volatile April markets draw money into riskier tradesFinancial Times - World -
Workers get a stake in their company under employee ownership model
Private equity executive Pete Stavros has emerged as an unlikely employee ownership advocate. He says giving the rank and file a stake in their companies is good for workers, and good for business.CBS News - Top stories -
U.S. Applies Private-Equity Fund Model to National Security Supply Chain
Stifel Financial’s North Atlantic Capital will channel financing to help small companies invest in 3-D printing through a government-supported program aimed at tackling supply-chain challenges and accelerating military productionThe Wall Street Journal - 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 -
Bank Indonesia ‘ready for the worst’ in face of hawkish Fed and currency volatility
Senior monetary official says central bank prepared to do more after intervening to shore up rupiahFinancial 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 -
Financial Services Roundup: Market Talk
Gain insight on TD Bank, Saksiam Leasing, and more in the latest Market Talks covering Financial Services.The Wall Street Journal - World -
Basic Materials Roundup: Market Talk
The latest Market Talks covering Basic Materials.The Wall Street Journal - World -
Tyson Swings to a Profit as Chicken Business Rebounds
The largest U.S. meat supplier said improving chicken profitability helped offset losses in its beef business as a dwindling U.S. cattle supply continues to create headaches for meat suppliers.The Wall Street Journal - World -
Columbia University Cancels Main Graduation Ceremony After Protests
Police broke up pro-Palestinian demonstrations last week that had disrupted campus life.The Wall Street Journal - World -
S&P 500 Climbs With More Earnings in Focus
Stock indexes were climbing after last week’s not-too-hot jobs report, which boosted hopes of an interest-rate cut this year.The Wall Street Journal - World -
Synopsys Selling Software Integrity Group to Clearlake Capital, Francisco Partners
Synopsys is selling its Software Integrity Group business to Clearlake Capital Group and Francisco Partners in a transaction with a total value of up to $2.1 billion.The Wall Street Journal - World -
Judge Finds Trump Violated Gag Order Again, Threatens Jail
The order bars the former president from attacking witnesses, jurors and others involved in his hush-money trial.The Wall Street Journal - World - Donald Trump -
The Hottest Free Agent in F1 Is a 65-Year-Old Nerd
Adrian Newey, the most successful Formula One designer of his generation, is leaving Red Bull after 19 years. Where he winds up next could reorder the entire sport.The Wall Street Journal - World -
Simon & Schuster Signs Deal to Buy Dutch Publisher VBK
Simon & Schuster is acquiring Dutch publishing house Veen Bosch & Keuning for an undisclosed amount, its first deal for a non-English book publisher as it pushes to expand internationally.The Wall Street Journal - World - Netherlands -
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 -
The rise of Sweden's super rich
Why the Nordic nation, despite its reputation for social equality, has so many billionaires.BBC News - Top stories