Sk Hynix Returns to Profit Expects Market Recovery on Ai Boom
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Honda Motor Expects Annual Profit to Fall
The Japanese automaker projected a drop in fiscal-year net profit and announced a share buyback after posting a sharp increase in annual profit for the previous year.The Wall Street Journal - World -
China's biggest chipmaker SMIC warns of 'fierce' competition as it misses quarterly profit expectations
Net income in the first quarter plunged 68.9% from a year ago to $71.79 million.CNBC - Business - China -
Malaysian soccer player Faisal Halim expected to make a full recovery from acid attack
Halim was injured in an acid attack at a Malaysian shopping mall earlier this monthCBS Sports - Sports -
‘No return’ left for U.S. stock market in 2024, says Goldman’s David Kostin
The U.S. stock market’s climb this year probably has stalled for the rest of 2024, even as investors remain optimistic that companies stand to benefit from the adoption of artificial intelligence, according to Goldman Sachs Group’s David Kostin.MarketWatch - Business -
As stocks near record highs, a sense of complacency is returning to the options market
A sense of complacency that pervaded options markets during the first quarter is returning, as stocks have resumed their march toward record highs following April’s short-lived selloff.MarketWatch - Business -
Japan's Stock Market Is Booming. It Isn't All About the Weak Yen.
Although some prominent companies such as Toyota are benefiting from a weaker Japanese currency, the broad impact is mixed.The Wall Street Journal - World -
Where Is the AI Boom Taking Us? Business Leaders Disagree on Outlook
The technology’s promises and perils were a central focus of The Wall Street Journal’s CEO Council Summit.The Wall Street Journal - World -
Where Is the AI Boom Taking Us? Business Leaders Disagree on Outlook
The technology’s promises and perils were a central focus of The Wall Street Journal’s CEO Council Summit.The Wall Street Journal - Tech -
In Mexico, a House That Returns to the Well
An architecture studio in water-stressed Mexico City follows the examples of ancient builders who harvested rain.The New York Times - Lifestyle -
Pluses and minuses of the EU recovery fund
More large-scale investment programmes are possible despite the mixed results of Europe’s post-pandemic planFinancial Times - World - European Union -
UK exits recession in ‘fragile’ recovery ahead of election
Yahoo News - World - United Kingdom -
Dollar Expected to Weaken as QT Paths Diverge
Quantitative tightening was expected to end relatively soon in the U.S. and Canada, continue at its current pace in the U.K. and Australia and accelerate in the euro area, Bank of America economists said.The Wall Street Journal - World -
Michael Cohen to testify at Trump trial: What to expect
Michael Cohen, Donald Trump's former attorney, is expected on the stand Monday at the New York "hush money" criminal trial against the former president. Cohen is expected to detail how records were falsified to cover up and purchase adult film ...CBS News - Top stories - Donald Trump -
Trump lawyer accuses Stormy Daniels of profiting off sex claims
Ex-president’s attorneys try to undermine porn actor’s credibility as trial resumes in ManhattanFinancial Times - Business - Donald Trump