China Reports Steady Youth Unemployment
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China's Youth Unemployment Eased in April
China’s youth unemployment rate declined in April, in what will likely be welcome news for Beijing as it steps up policy support for the economy.The Wall Street Journal - World - China -
China Benchmark Lending Rates Held Steady
The country’s benchmark lending rates were held steady this month, central bank data showed Monday after Beijing announced bold moves to address property-sector malaise.The Wall Street Journal - World - China -
Canada Goose jumps 16% after the company reports growth surge in China
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.CNBC - Business - China -
ASML machines can be disabled if China attacks Taiwan, report says
A published report says sophisticated ASML microchip making equipment being used by Taiwan Semiconductor could be remotely disabled in the event that China attacks Taiwan to regain control of what it says is part of its country.MarketWatch - Business - China -
Why England will be thrilled by Stokes' steady return
Ben Stokes' solid if unspectacular return will suit England just fine as they prepare for life after James Anderson.BBC News - Top stories -
Sonos Picks a Good Time to Plug Into Headphones
The premium-headphone market is soaring while Sonos speaker sales are sagging, but the competition with Apple will be fierce.The Wall Street Journal - World -
U.S. Natural Gas Futures Step Back From Four-Month High
U.S. natural gas futures gave back some ground after four straight sessions of gains that lifted prices to a four-month high.The Wall Street Journal - World -
Trump Decides Against Testifying in Hush-Money Trial, Defense Rests
The former president’s lawyers wrapped up their case after their main witness, Bob Costello, completed his testimony.The Wall Street Journal - World - Donald Trump -
Netanyahu's Main Challenger Loses His Edge
Benny Gantz’s lack of decisiveness is alienating Israeli voters and costing him support in opinion polls.The Wall Street Journal - World - Israel -
Linda Evangelista Wasn't Sure She Had What It Took to Become a Supermodel
The fashion icon and subject of a new book on being discovered after losing a beauty pageant and her battle with breast cancer.The Wall Street Journal - World -
Americans, Hit By Inflation, Are Feeling Worse Financially -- Especially Parents
An annual Fed survey finds that fewer Americans say they are ‘doing at least OK’ financially.The Wall Street Journal - World -
Tyreek Hill lets youth football camper juke him in friendly drill
Tyreek Hill gave young fans some excellent stories to tell from his youth football camp.ESPN - Sports -
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Cybersecurity expert Chris Krebs says AI's threat to election will be a "steady drumbeat"
Chris Krebs, the former director of CISA and a CBS News cybersecurity expert and analyst, tells "Face the Nation" that while there likely will not be a "one single catastrophic AI-enabled event" threatening the 2024 election, he foresees a ...CBS News - Top stories -
Why College Football Playoff should hold steady as NFL sends a clear message with counter-scheduling
The NFL sent a warning shot to college football with its schedule release on WednesdayCBS Sports - Sports - NFL -
The Cost of Competing With China
The Biden administration is betting that new China tariffs will be politically popular, even if they could slow the transition from fossil fuels.The New York Times - Top stories - China -
This gold rally is made in China
The average daily trading volume on the Shanghai Gold Exchange almost doubled in AprilFinancial Times - Business - China -
The Morning Risk Report
U.S. blocks imports from 26 more Chinese companies over forced labor concerns, and the U.S. pitches deal to ease sanctions on Israeli businessman in a quest for metals. Also, Microsoft asks hundreds of China-based AI staff to consider relocating ...The Wall Street Journal - World -
The Morning Risk Report
BMW, Jaguar and VW parts may have been made With forced labor, Senate report says, and FDIC chairman Martin Gruenberg to resign after a report into regulator’s culture. Also, The U.S. finally has a strategy to compete with China, but will it work?The Wall Street Journal - World -
Biden, Nixon and the Hur Report
The president channels a predecessor in seeking to shield White House tapes.The Wall Street Journal - World - Joe Biden -
China Consumption and Investment Slow Unexpectedly
China’s consumption and investment slowed in April, while industrial output beat expectations as Beijing doubled down on its manufacturing drive to spur growth.The Wall Street Journal - World - China -
China Is Not Just Another Trading Partner
‘I support free global trade except with countries that cheat and steal and use slave labor.’The Wall Street Journal - World - China -
Apple Slashes iPhone Prices in China
As chief Chinesecompetitor Huawei steps up competition, Apple offers huge discounts to stem sales slump.Inc. - Business - Apple -
China Vanke Secures Fresh Loan
The major Chinese developer has secured a fresh loan that takes its total borrowings this month to more than US$1 billion, part of ongoing efforts to temper liquidity pressures as it seeks to finish housing projects.The Wall Street Journal - World - China -
Morning Report — Will Trump take the stand?
Prosecutors with the Manhattan district attorney’s office rested their case Monday against former President Trump, bringing the first criminal trial of a U.S. president in the country’s history nearer to a close. The defense now has the opening to ...The Hill - Politics - Donald Trump -
Macy’s Reports Another Drop in Sales but Sees ‘Traction’ in Turnaround
The largest department store chain in the United States has not reported an increase in comparable-store sales since early 2022.The New York Times - Business -
Microsoft offers staff to relocate from China
Offer comes as tensions rise between Washington and Beijing over sensitive technologyFinancial Times - Business - Microsoft -
China must learn from Japan’s ‘lost decades’
The consequences of the world’s second-largest economy being sucked into a deflationary spiral would be severeFinancial Times - World - China -
Why Putin is meeting with Xi Jinping in China
Russian President Vladimir Putin is in China meeting with President Xi Jinping to deepen the partnership between the two countries. Mary Ilyushina, a reporter for the Washington Post, joins CBS News with more.CBS News - Top stories - China -
Putin, Xi meet in China to reaffirm close ties
China rolled out the red carpet for Russian President Vladimir Putin, who met with Chinese President Xi Jinping in Beijing on Thursday. It was the second meeting between the two autocratic leaders in seven months. Ian Bremmer, president of the ...CBS News - Top stories - China -
Is China's bubble tea bubble about to burst?
Chinese bubble tea shares fizzle, raising questions about the industry and Hong Kong's stock market.BBC News - Top stories - China -
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China Is Finally Getting Serious About a Housing Rescue
Beijing has announced a plan to clear the backlog of unsold homes, but questions remain over the scale and financing of the program.The Wall Street Journal - World - China -
Japanese beauty needs to look beyond China
Chinese shoppers have been increasingly turning to homegrown beauty brands, with sales growing rapidlyFinancial Times - World - China -
China unveils package to boost property sector
Central bank eases lending requirements and lowers downpayments to ease years-long slowdownFinancial Times - World - China -
Xi Jinping's strongman politics is China’s 'new normal'
Rather than go “back to the future” after Xi (who may yet rule for decades), China is unlikely to liberalize.The Hill - Politics - China -
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Putin concludes China trip by emphasizing ties with Russia
Russian President Vladimir Putin concluded a visit to China, emphasizing the countries’ strategic ties as well as his relationship with Xi Jinping.NBC News - Top stories - China -
China moves to revive stricken property sector
Also in this newsletter: main UK political parties ramp up campaigning, US-built pier in Gaza opens for aid, science round-upFinancial Times - World - China -
Last pandas in the U.S. are going back to China
The last pandas in the U.S. --four at Zoo Atlanta -- will soon be heading back to China this fall as a loan agreement expiresCBS News - Top stories - China