Asian shares mixed on hopes for avoiding recession
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GDP rises in February increasing hopes UK is out of recession
The economy grew by 0.1%, official figures show, with the production sector providing the biggest boost.BBC News - Top stories - United Kingdom -
Stock market today: Asian markets are mixed, Shanghai falls as Fitch lowers China's rating outlook
BANGKOK (AP) — Shares were mixed Wednesday in Asia after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports. Hong Kong’s Hang Seng gained 1.7% to 17,115.94, while the Shanghai Composite index lost 0.8% to ...Yahoo Sports - Sports - China -
British Asian artists hope for chart show boost
Rising musicians say the dedicated top 40 could help take unknown singers into the mainstream.BBC News - Top stories -
Melania Trump Avoids Hush Money Trial but Shares Her Husband’s Anger
Melania Trump has long referred to the hush-money case involving Stormy Daniels as her husband’s problem, not hers. But she has privately called the trial a “disgrace” that could threaten his campaign.The New York Times - Top stories - Donald Trump -
Reality Stars Share Their Hopes of Joining ‘The Traitors’ Cast
Reality stars and other people with some degree of fame are making no secret of their hopes to join the next cast of the hit show “The Traitors.”The New York Times - Lifestyle -
Trumpeter Kermit Ruffins shares personal journey from hardship to hope
Renowned New Orleans trumpeter Kermit Ruffins, celebrated for his performances on global stages, opens up on how his family's firsthand experience with gun violence has shaped his life and music.CBS News - Entertainment - Donald Trump -
Gaza Grilling Felled Two Ivy Presidents. Columbia Hopes to Avoid the Same Fate.
Columbia President Nemat “Minouche” Shafik has the advantages of hindsight and months to prepare for her testimony before a House panel.The Wall Street Journal - World -
U.S. Stocks Erase Early Gains
U.S. stocks extended recent declines as March retail sales increased more than expected, causing traders scale back bets on Fed rate cuts.The Wall Street Journal - World -
Comex Gold Settles 1.08% Higher at $2354.80
Front month Comex gold for April delivery gained 1.1% to settle at $2354.80 per troy ounce to a new record high.The Wall Street Journal - World -
Long-term Treasury yields end at nearly five-month highs after March producer-price data
Yields on U.S. government debt finished little changed on Thursday, leaving 10- and 30-year rates at their highest levels since mid-November following the release of March’s tame producer-price index.MarketWatch - Business -
Scope for More Selloff in U.S. Treasurys Seen Limited
The hot U.S. inflation print, third in a row, triggered a sharp selloff in Treasurys, led by the front end, but the room for a further selloff is capped, Societe Generale Research said.The Wall Street Journal - World -
UK economy posts 0.1% growth in February in further sign of recession rebound
The U.K. economy fell into a recession last year but showed slight growth in January.CNBC - Business - United Kingdom -
UK GDP grows in February, suggesting economy is escaping recession – business live
Jeremy Hunt says UK is “turning a corner” after GDP rises by 0.1% in February, but IoD fears economy still fragile. UK takes another step on path to exit recession as GDP risesCity experts sound confident that the UK economy will pull itself out ...The Guardian - World - United Kingdom -
UK takes another step on path out of recession as GDP rises
February growth of 0.1% comes despite construction and retail being hit by wet start to year. Business live – latest updates. Britain’s economy has taken a step closer to exiting recession as official figures showed growth continued in February ...The Guardian - World - United Kingdom -
For a record 446 days, this recession indicator pointed to a downturn that never arrived
One of the bond market’s most reliable signals of an impending U.S. recession has remained inverted for 446 straight trading sessions — matching a record without producing any economic downturn.MarketWatch - Business -
China Reports Steady Youth Unemployment
China’s youth unemployment rate remained steady in March, another tentative sign that the world’s second-largest economy could be stabilizing.The Wall Street Journal - World - China -
Effective Leaders Avoid This Bad Habit
Stop blaming others for everything that goes wrong.Inc. - Business -
Top Asian News 4:09 a.m. GMT
A fire in a large, mostly residential building in Hong Kong on Wednesday morning killed at least five people and left another 27 injured. The blaze in the New Lucky House in the Jordan neighborhood was extinguished later in the morning, but ...Yahoo Sports - Sports -
Terror attack creates a central Asian dilemma for Putin
Tajiks are among those blamed for the massacre but Russia’s war economy depends on immigrant Muslim workersFinancial Times - World -
A 'Crazy Rich Asians' Broadway musical is in the works
The beloved romantic comedy "Crazy Rich Asians" is being developed as a Broadway musical by director Jon M. Chu, who helmed the 2018 film of the same name.NBC News - Top stories -
After a messy back nine, DeChambeau's final swing keeps him in the mix at the Masters
Bryson DeChambeau was rubbing his face in the middle of the 18th fairway, his head shaking slowly, as if he couldn’t quite believe how quickly his shot at a green jacket had apparently slipped away on the back nine at Augusta NationalABC News - Sports -
AP PHOTOS: Paris Olympics venues mix history and modernity and showcase cultural heritage
Iconic or historic venues are at the heart of the Paris Olympics — organizers want the event to be about the spectacle as well as the sports. Athletics stars will speed along an eye-catching new purple track at the Stade de France national ...ABC News - Sports - Olympics -
Risk of a global recession is minimal, IMF economist says — would take 'a lot to derail'
The Washington DC-based institute this week nudged its global growth outlook slightly higher to 3.2% in 2024.CNBC - Business -
Giannis (calf) out for rest of Bucks regular season
Bucks star Giannis Antetokounmpo will miss the remaining three games of the regular season, the team announced Wednesday, after an MRI confirmed a left calf strain.ESPN - Sports - NBA -
All My Friends Are Retired. Why Am I Still Working?
They all want me to play with them, and I admit—it’s tempting. But in the end, I’m happy I’m still toiling at my desk.The Wall Street Journal - World -
Russian Network's Alleged Targeting of European Elections Sparks Belgian Police Probe
Belgium is probing the network, which it says seeks to undermine support for Ukraine.The Wall Street Journal - World - Russia -
Week Ahead for FX, Bonds
Rate uncertainty puts economic indicators under scrutiny in the U.S. and Europe, while China data is also in focus.The Wall Street Journal - World -
Tech, Media & Telecom Roundup: Market Talk
Gain insight on Rent the Runway, Cogeco Communications, Netflix, and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - World -
'Never Say You Had a Lucky Life' Review: Joseph Epstein Looks Back
The critic charts his transformation from kid with no interest in books or reading to a man who makes his living by the written word.The Wall Street Journal - World -
Ukraine’s Draft Dodgers Run, and Swim, to Avoid the War
With Russia seizing the initiative on the battlefield in recent months, Ukraine’s ability to defend itself hinges on replenishing its arsenal of weaponry and mobilizing troops.The New York Times - World - Ukraine -
The UK needs a reform road map to avoid stagnation
There are four clear ways to fix the current economic messFinancial Times - World - United Kingdom -
House holds hearing on Columbia University's response to antisemitism: Watch live
Columbia University is in the hot seat as House Republicans are ready to question four of its top officials Wednesday in a hearing regarding antisemitism on campus. Columbia President Nemat Shafik, along with two members of the board of trustees ...The Hill - Politics -
Taylor Swift and Beyoncé Avoided a Collision on the Charts. (Again.)
Pop’s two reigning queens are often cast as rivals, but they have continually supported each other — and spaced out their album releases.The New York Times - Business -
Asian Network listeners carry out 2,743 good deeds
People across the UK have been sending in their stories of good deeds during the month of Ramadan.BBC News - Top stories -
Majority of south-east Asians favour China over US, survey finds
Beijing becomes Asean’s preferred choice over Washington for first time in Singapore think-tank pollFinancial Times - World - China -
China will remain the world's No. 1 growth driver, says the Asian Development Bank
China will remain the largest growth engine for the world economy in spite of its slowdown, says the Asian Development Bank.CNBC - Business - China -
US proposes debt to fund Ukraine using profits from frozen Russian assets
Hope that Washington’s idea could generate tens of billions in cash for KyivFinancial Times - Business - Ukraine -