Markets Rally on Signs Inflation Is Abating As Investors Look to Next Week S Consumer Price Data
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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 -
A 12-person jury was picked to decide Trump's fate in his hush-money case, setting the stage for the first criminal trial of a former U.S. president to kick off in earnest next week.
A 12-person jury was picked to decide Trump’s fate in his hush-money case, setting the stage for the first criminal trial of a former U.S. president to kick off in earnest next week.The Wall Street Journal - World -
AP Week in Pictures: Asia
April 12-18, 2024 Shoppers are terrified after a lone assailant started stabbing people at a shopping mall in Sydney; people appreciate spring flowers like cherry and azalea blossoms in Tokyo; a King Sejong statue receives a spring cleaning in ...ABC News - World -
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 -
100 MPs to stand down at the next election
More than 60 are Conservatives and they include former prime minister Theresa May.BBC News - Top stories -
Coachella 2024: 15 Looks That Did the Most
The music festival had plenty of memorable fashion. Most (but not all) of it was ostentatious.The New York Times - Lifestyle -
LA Kings rally late, finish 3rd in the Pacific Division with a 5-4 overtime victory over Chicago
The Los Angeles Kings earned a playoff rematch with Edmonton by jumping into third place in the Pacific Division with a 5-4 overtime victory against the Chicago BlackhawksABC News - Sports -
Video of officials signing bilateral agreement falsely shared as 'Indonesia paying off debts to China'
Yahoo News - World -
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 -
Gilt Yields Fall After Weak U.K. Retail Sales Data
Gilt yields declined following weaker-than-expected U.K. retail sales data, increasing prospects of a Bank of England interest-rate cut in the coming months.The Wall Street Journal - World - United Kingdom -
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 -
European Gas Steadies as Market Weighs Strike on Iran
Yahoo News - World - Iran -
Kerr humbly admits he needs to rediscover his A-game next season
Steve Kerr is the first to admit that he needs to do a better job of implementing and teaching his complex Warriors system.Yahoo Sports - Sports -
AP Week in Pictures: Latin America and Caribbean
April 12 - 18, 2024 Brazilian President Luiz Inácio Lula da Silva announced the creation of two new Indigenous territories. The Biden administration reimposed oil sanctions on Venezuela. A transitional council in Haiti was formally established to ...ABC News - World -
What is bitcoin halving – and will it affect the price?
Process has coincided with a rise in price in the past and is due to take place again on Saturday. Satoshi Nakamoto, the pseudonymous creator of bitcoin, still has an influence on the cryptocurrency nearly 14 years after disappearing.. This week ...The Guardian - World - Crypto -
S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel -
S&P Cuts Israel Rating on Heightened Geopolitical Risk
Yahoo News - World - 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 -
Israel downgraded by S&P Global just ahead of retaliatory attack on Iran
S&P dropped Israel’s sovereign credit rating by one notch to A+ from AA-, with the outlook negative, hours before signs of fresh tensions between that country and Iran.MarketWatch - Business - Iran -
Israel's Attack on Iran Appears Fairly Limited, Easing Pressure on Oil Markets
Israel’s missile strikes against Iran overnight seem fairly limited, pointing to a de-escalation of conflict that is expected to diminish the oil market’s geopolitical risk premium in the short term, according to DNB Markets.The Wall Street Journal - World - Iran -
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 -
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 -
European Markets Follow Asia Lower on Rising Geopolitical Tensions
European markets followed Asia lower after Israel’s attack in Iran, with IG saying investors have been wary of markets since before Easter, due to heightened geopolitical uncertainty.The Wall Street Journal - World -
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 -
European carbon trading catching less than quarter of airline emissions, data finds
With long-haul flights exempt from charges and carriers given free allowances, large share of flights not covered by systemFinancial Times - World -
Bitcoin's next 'halving' is right around the corner. Here's what you need to know
Sometime in the next few days or even hours, the “miners” who chisel bitcoins out of complex mathematics are going to take a 50% pay cut — effectively slicing new production of the world’s largest cryptocurrency in halfABC News - Tech -
Environmental Damage Could Cost You a Fifth of Your Income Over the Next 25 Years
The world is already committed to warming that will undercut the global economy by 20 percent between now and 2050. That’s six times the price of limiting warming to 2 degrees Celsius.Wired - Tech -
Modi’s Power Keeps Growing, and India Looks Sure to Give Him More
Few doubt the popular prime minister will win a third term in voting that starts Friday. His strong hand is just what many Indians seem to want.The New York Times - Top stories - India -
Premier League and FA Cup semis: 10 things to look out for this weekend
Two big Wembley meetings await in the Cup, while a desperation derby looks to be in store at Goodison Park. There was a distinct end-of-season vibe at the Gtech Community Stadium after Brentford’s win over Sheffield United, with Thomas Frank and ...The Guardian - World - Premier League -
Sports quiz of the week: London Marathon, FA Cup and Olympic teams
Have you been paying attention to the big stories in football, athletics, cricket, basketball, snooker and golf? Continue reading...The Guardian - World -
LIVE Transfer Talk: Arsenal will look to get Isak, Olise
Arsenal will be looking to sign both Alexander Isak and Michael Olise in the summer transfer window. Transfer Talk has the latest.ESPN - Sports -
India’s six-week election opens as Modi seeks third term
PM’s Bharatiya Janata party targets increased majority to tighten grip over politics and societyFinancial Times - Business - India -
Oil jumps 3%, spot gold hits record high after Israel launches strike in Iran
Oil prices jumped more than 3% after reports of explosions near the Iranian city of Isfahan.CNBC - Business - Iran -
They Bet Against the Dollar. Now They're Paying the Price.
The dollar recently hit a 34-year high against the yen, sending ripples through global markets.The Wall Street Journal - World -
Woodside Revenue Falls on Lower Prices, Volumes
Woodside Energy said weaker output and lower realized prices for its oil and natural gas drove a drop in sales revenue in its latest quarter.The Wall Street Journal - World -
RFK Jr.'s sister dismisses his candidacy: 'Let's talk about reality'
Kerry Kennedy is brushing off her brother, Robert F. Kennedy Jr.'s, independent presidential bid, arguing it is clear only President Biden or former President Trump will be able to secure the Oval Office in November. Kennedy was speaking with CNN ...The Hill - Politics -
UK car insurance prices fall for first time in two years
Quarter-on-quarter drop provides some relief for households but quotes are up 43% from a year agoFinancial Times - Business - United Kingdom -
House prices in London hit by high property costs and post-Covid trends
Capital has underperformed rest of UK since 2016 but remains most expensive part of the countryFinancial Times - World -
LOOK: Lions unveil new uniforms for 2024 season that includes a new black jersey combo
The Lions turned to their past when making their new uniformsCBS Sports - Sports -
India begins voting in a 6-week election that could give Hindu nationalist Prime Minister Narendra Modi a third term
India begins voting in a 6-week election that could give Hindu nationalist Prime Minister Narendra Modi a third termABC News - World - India