Asian Markets Rebound after First Republic Bank Gets Rescued by Us Lenders
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Cybersecurity Venture Market Rebounds With Tailwind From AI
While startups across most sectors face a difficult fundraising environment, cybersecurity startups are showing signs of life, thanks in part to their sector’s ties to artificial intelligence.The Wall Street Journal - World -
Big banks have been a bright spot in tough week for markets
Major banks sailed through commercial real-estate updates in earnings and tapped the corporate bond market — with regional banks now on deck.MarketWatch - Business -
Crew of migrant rescue boat acquitted in Italy after seven-year ordeal
Case of the Iuventa became a symbol of what activists say are growing attempts to criminalise refugee aid workers. Europe live – latest updatesJudges in Sicily have acquitted all crew members of an NGO rescue boat who had been accused of aiding ...The Guardian - World -
US sanctions two groups over fundraising for Israeli extremists in West Bank
The Biden administration announced Friday that it is imposing sanctions on two groups accused of fundraising for Israeli extremists in the West Bank and the leader of an organization that has assaulted Palestinians. According to the Treasury ...The Hill - Politics - Israel -
‘RuPaul’s Drag Race’ breaks ‘Asian curse,’ crowning first Taiwanese American queen
“RuPaul’s Drag Race” crowned its first Taiwanese American drag queen Friday, breaking what the winner recently called the competition series’ “Asian curse.”NBC News - Top stories - 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 -
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 -
Why Jordan came to Israel’s rescue
On its face, Jordan’s high-risk decision to support Israel in repelling the hundreds of aerial vehicles that Iran fired at the Jewish State appears inconsistent with its vocal criticism of the Israeli invasion of Gaza. Amman’s long-time support of ...The Hill - Politics - Israel -
Oil prices post weekly loss as market sees limited risk of wider war after Israel strike on Iran
Oil prices briefly jumped more than 3% after reports of explosions near the Iranian city of Isfahan.CNBC - Business - Iran -
US calls for calm after officials say Israeli missile hit Iran
Antony Blinken says Washington was not involved in any offensive operation, as Iran downplays reports of attack.BBC News - Top stories - Israel -
Choctaw artist Jeffrey Gibson confronts history at US pavilion as its first solo Indigenous artist
Jeffrey Gibson’s takeover of the U.S. pavilion for this year’s Venice Biennale contemporary art show is a celebration of color, pattern and craftABC News - 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 -
Cavaliers feel better prepared for playoff stage after '23 flop, face Magic in first-round series
The Cavaliers have waited a year to redeem themselves in the NBA playoffsABC News - Sports -
NYCB is expected to swing to a first-quarter loss next week after estimates have tumbled
Analysts’ estimates go from profit to loss after bank’s stock plunged on material weakness and stressed loans.MarketWatch - Business -
Glastonbury announces dedicated South Asian space
Arrivals will celebrate South Asian talent in the Shangri-La area of the famous festival site.BBC News - Top stories -
Bitcoin price briefly drops below $60,000 before rebounding ahead of halving
Bitcoin rose above $64,000 on Friday after dropping below the $60,000 mark as the cryptocurrency continues to see volatility ahead of the upcoming halving.CNBC - Business - Crypto -
Johnson Turns to Democrats to Bring Up Ukraine Aid Bill in the House
Democrats, who stepped in late Thursday to save a resolution paving the way for the foreign aid package to be considered, will have to do so again on Friday in a critical vote on the House floor.The New York Times - Top stories - Ukraine -
UK will not ‘turn on’ post-Brexit checks of EU goods for fear of border delays
Industry groups say lack of clarity leaves businesses unsure how to manage new rules due to start on April 30Financial Times - Business - United Kingdom -
Norfolk-based ship rescues migrants off Moroccan coast
Yahoo News - World -
The next bank bailout’s true costs may not be such a mystery
Future debates about whether to assist distressed corporations, including New York Community Bank, could be better informed by more educated guesses about costs.The Hill - Politics -
Middle East crisis live: Blinken calls for calm as Iran official says no plan for immediate retaliation to reported Israeli missile strike
US secretary of state condemns airstrike in Iran; discussion ‘leans more towards infiltration than attack’ says anonymous Iranian official. Israel has mounted strikes on Iran, US says, as Tehran plays down attackWhat we know so far about Israel’s ...The Guardian - World - Iran -
Building society and Co-op Bank agree takeover terms
The two lenders agree terms on a takeover deal that could be worth up to £780m.BBC News - Top stories -
This unusual combination signals either booms, bubbles or inflections, says Bank of America
There’s an unusual combination in markets this year that has happened just five times in the last 60 years.MarketWatch - Business -
Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout
Banks have built up substantial reserves against office loans going bad.The Wall Street Journal - World -
U.S. sanctions 2 entities over fundraising for extremist West Bank settlers
The Treasury Department announced sanctions on two entities accused of fundraising for extremist West Bank settlers connected to violence against Palestinians.CBS News - Politics -
How Not to Invest in the Bond Market
Investors poured billions into long-term U.S. government funds last year. Right on cue, the market tanked—again.The Wall Street Journal - World -
Italian court drops charges against migrant rescue ship crews and ends long-running legal battle
An Italian court has dismissed a long-running case against migrant rescue ship crews of three humanitarian organizationsABC News - World -
Getting Ready for Watches and Wonders Geneva
What do you pack? How many watches do you bring? Everyone from first-time invitees to veterans agree that this trade show requires planning.The New York Times - Lifestyle -
America's Cigarette Market Is Up for Grabs
Philip Morris will soon be able to sell its most successful smoke-free product in the U.S., setting up a battle with its former parent company Altria.The Wall Street Journal - World -
Health Care Roundup: Market Talk
Gain insight on cannabis legalization efforts in Florida, Intuitive Surgical, EssilorLux, and more in the latest Market Talks covering the Health Care sector.The Wall Street Journal - World -
Basic Materials Roundup: Market Talk
Find insights on Press Metal Aluminium, Gold Road’s Gruyere gold mine, Whitehaven Coal and more in the latest Market Talks covering Basic Materials.The Wall Street Journal - World -
Energy & Utilities Roundup: Market Talk
Gain insight on E15, Parkland, BP, Nel and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
Children of reality TV's Chrisleys hope court hearing is step toward bringing convicted parents home
Reality TV stars Todd and Julie Chrisley have appealed aspects of their convictions on federal charges of bank fraud and tax evasionABC News - Entertainment -
Kenya’s ‘blood desert’: can walking donor banks and drones help more patients survive?
The national blood deficit is most pressing in places like Turkana, where malaria, anaemia and violence make heavy demands on transfusion services – and doctors are pinning their hopes on innovation. In his small cubicle in Lodwar County referral ...The Guardian - World -
A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It.
Borrowing from the discount window carries a stigma officials hope to reduce.The Wall Street Journal - World -
Here's what 12 European Central Bank members said about interest rates this week
The ECB has become "the central bank to be followed," one central bank governor said.CNBC - Business -
What to know as India's 2024 election gets underway
Voting has begun in India's national election, the world's biggest exercise in democracy, but there's concern that democratic values are being eroded.CBS News - World -
Israel Strikes Iran, and the Trump Trial Gets a Jury
Plus, a “tortured” Taylor Swift.The New York Times - Top stories - Donald Trump -
San Francisco getting pandas from China
San Francisco is going to be the next U.S. city to receive a pair of pandas from China as part of the “panda diplomacy” program between Washington and Beijing. San Francisco Mayor London Breed announced Friday that the San Francisco Zoo has been ...The Hill - Politics - China -
Why India’s Opposition Can’t Get It Together
Prime Minister Narendra Modi’s party got less than 40% of the vote in the last election. But his fractured and dysfunctional rivals have struggled to capitalize on that.The New York Times - World