Japan Inflation Will Drive Savers Back to the Stock Market Says Exchange Chief
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Japan’s inflation marks two years above BOJ’s target as meeting looms
Japan’s consumer inflation has stayed above the Bank of Japan’s 2% target for two years, government data confirmed Friday, amid speculation over further interest-rate increases.MarketWatch - Business - Japan -
Oil price rises as US says Israel has struck Iran
Reports of a retaliatory strike by Israel raise commodity prices and fears over inflation.BBC News - Top stories - Israel -
Developing country DMOs driving blind
All borrowers are equal, but some . . .Financial Times - World -
Asia Markets Fall After Israeli Strike on Iran
Stock markets in Asia fell while safe-haven assets such as U.S. Treasurys, the yen and the Swiss franc rose sharply after Israel launched a retaliatory strike against Iran early Friday.The Wall Street Journal - World - Israel -
‘We Are So Back’ Is So Back
The phrase has become ubiquitous online as a way to celebrate life’s small pleasures — at least until “it’s so over.”The New York Times - Lifestyle -
Kenya military chief among 10 officers killed in helicopter crash
Two officers survived the plane crash in Elgeyo Marakwet county, about 250 miles northwest of Nairobi, Kenya.CBS News - World -
Woodside Energy chief defends climate plan ahead of shareholder vote
Australian oil and gas developer pushed to set more binding net zero commitmentsFinancial Times - Business - Climate -
Japan Consumer Prices Rose at Slightly Slower Pace in March
Japan’s consumer prices rose at a slightly slower pace in March due to lower energy prices but remained well above the central bank’s 2% target.The Wall Street Journal - World - Japan -
Japan doctors sue Google Maps over 'punching bag' reviews
Yahoo News - World - Google -
Nikkei Stock Index May Have Hit Bottom for Now
The Nikkei Stock Average was likely to have hit a bottom after a sharp fall triggered in part by growing Iran-Israel tensions, said Sumitomo Mitsui DS Asset Management.The Wall Street Journal - World -
Oil Falls as Markets Remain on Edge Amid Middle East Tensions
Oil fell in early Asian trade, hovering at a three-week lowThe Wall Street Journal - World -
How EU leaders fudged a compromise on integration of capital markets
Also in this newsletter: Italy’s Meloni allows anti-abortion campaigners to enter clinicsFinancial Times - World - European Union -
The Biden administration is pushing for a long-shot diplomatic deal in the coming months that presses Prime Minister Netanyahu of Israel to accept a new commitment to Palestinian statehood in exchange for diplomatic recognition by Riyadh.
The Biden administration is pushing for a long-shot diplomatic deal in the coming months that presses Prime Minister Netanyahu of Israel to accept a new commitment to Palestinian statehood in exchange for diplomatic recognition by Riyadh.The Wall Street Journal - World - Israel -
Stock Futures Slide, Oil Jumps After Israel Strike on Iran
Stock markets across Asia fell and the price of oil jumped around 2% after early reports of explosions in Iran.The Wall Street Journal - World - Iran -
Jabil’s stock declines as CEO Kenny Wilson goes on paid leave pending an investigation
The company says the investigation is related to company policies but not financial statements or reporting.MarketWatch - Business -
Oil prices jump, U.S. stock futures sink on reports of explosions heard in Iran
Crude oil prices jumped and U.S. stock futures sank Thursday night following reports of explosions in a city in western Iran, amid fears of a wider conflict between Israel and Iran.MarketWatch - Business - Iran -
Robert Kraft should be thanking Bill Belichick, not talking behind his back
Bill Belichick is not owed a coaching job, but the least he could ask for is the support of a guy he helped make richer and more famous.Yahoo Sports - Sports -
British retail sales stagnate as shoppers cut back on groceries
Economists had expected 0.3% growth in MarchFinancial Times - Business -
Senate Boeing hearings open with fingers pointing back at FAA
Politico - Politics -
Bob Graham, ex-senator and Florida governor, dies at 87
He sought the Democratic presidential nomination in 2004.Politico - Politics - Florida -
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.The Wall Street Journal - World -
US interest rate setter says 'no hurry' to cut
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".BBC News - Top stories -
Israel strikes inside Iran, sources say
A person familiar with the situation told NBC News that Israel carried out an operation in Iran. Earlier, Israeli officials notified U.S. officials that a response was coming.NBC News - Top stories - Israel -
U.S. stocks ended mixed, with the S&P 500 and Nasdaq falling 0.2% and 0.5%, respectively, and the Dow eking out a gain of less than 0.1%. Treasury yields rose.
U.S. stocks ended mixed, with the S&P 500 and Nasdaq falling 0.2% and 0.5%, respectively, and the Dow eking out a gain of less than 0.1%. Treasury yields rose.The Wall Street Journal - World -
Chasing 5th straight win, Nelly Korda is 2 shots back at Chevron Championship after a first-round 68
Nelly Korda, who is looking to tie an LPGA Tour record with her fifth straight win, shot a 4-under 68 in the opening round of the Chevron ChampionshipABC News - Sports -
House speaker won't back change to rule allowing single member to call for ouster
House Rules allow a single member to force a vote on ousting the speaker. Conservatives want to keep it that way.CBS News - Politics -
Indiana limits abortion data for privacy under near-total ban, but some GOP candidates push back
Some Indiana Republicans in key campaigns for office are fighting for access to detailed abortion reports that the health department stopped releasing to protect patient privacy under a near-total ban on the procedureABC News - Health - Abortion -
Top Cuban official says country open to more U.S. deportations
Cuba's deputy foreign minister tells CBS News that his country is willing to accommodate more than one deportation flight per month.CBS News - Politics - US Open -
DfE says 85,000 more free childcare places needed
The Department for Education estimates about 40,000 staff are also needed in England by September 2025.BBC News - Top stories -
Ukraine war briefing: Donald Trump says survival of Ukraine important to the US
Former president’s comments are being described as a shift in tone days before Republicans vote on a multibillion-dollar aid package. What we know on day 786. See all our Ukraine war coverageDonald Trump has said the survival of Ukraine is ...The Guardian - World - Ukraine -
Israeli missile has struck Iran, US officials say
There are reports of explosions near Isfahan, as two US officials confirm to the BBC's US partner CBS News that Israel struck Iran.BBC News - Top stories - Israel -
U.S. and Allies Penalize Iran for Striking Israel, and Try to Avert War
While imposing sanctions on Iran, U.S. and European governments are urging restraint amid fears of a cycle of escalation as Israel weighs retaliation for an Iranian attack.The New York Times - World - Iran -
Burns says that without aid, Ukraine "could lose on the battlefield"
His comments come as a deadlocked Congress continues to stall on Ukraine aid.CBS News - Top stories - Ukraine -
Satellite Data Reveals Sinking Risk for China’s Cities
Development and groundwater pumping are causing land subsidence and heightening the risks of sea level rise.The New York Times - World - China -
Apple Says It Was Ordered to Pull WhatsApp From China App Store
Apple said it removed WhatsApp and Threads from its China app offerings Friday on Beijing’s orders, amid technological tensions between the U.S. and China.The New York Times - Top stories - Apple -
Israel carries out operation inside Iran, says source familiar
NBC News' Courtney Kube reports that a source familiar says Israel did carry out an operation in Iran after reports of explosions in the Isfahan area, and that Israeli officials did inform the U.S. of their intention to carry out a response in ...NBC News - Top stories - Israel -
China's fiscal stimulus is losing its effectiveness, S&P says
China's fiscal stimulus is losing its effectiveness and is more of a strategy to buy time for industrial and consumption policies, S&P Global Ratings said.CNBC - Business - China -
Friday Briefing
Israel strikes Iran.The New York Times - World -
Israel has carried out airstrikes on Iran, US officials say
Iranian state media reports that drones have been shot down over Isfahan province in attack on Friday and that the nuclear site there is ‘completely safe’. Middle East crisis: live updatesWhat we know so far about Israel’s strike on IranUS ...The Guardian - World - Israel -
Blasts heard near airport and army base, Iran media says
Blasts are heard in central Isfahan province, though it is not clear what might have been hit.BBC News - Top stories - Iran