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Campari CEO Bets on Growth in U.S., Asia-Pacific Despite Sector Struggles
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China pledges $42 billion in a slew of measures to support the struggling property sector
Chinese authorities on Friday pledged new support for state-owned enterprises to enable them to buy unsold apartments.CNBC - Business - China -
China pledges $42 billion in a slew of measures to support the struggling property sector
Chinese authorities pledged new support for state-owned enterprises to enable them to buy unsold apartments, in an effort that could help developers get more funding to finish construction on pre-sold properties.NBC News - Top stories - China -
Asia-Pacific Innovative Lawyers
Generative AI and global tensions are shaping the legal agenda as lawyers respond to political and economic uncertainty, climate change and workloads. Plus: best practice case studies and a spotlight on JapanFinancial Times - World -
Leading index for U.S. economy sinks again and points to slower growth
The leading indicators for the U.S. economy fell in April for the second month in a row and pointed to ”serious headwinds to growth.”MarketWatch - Business -
2024 PGA Championship takeaways: Rory McIlroy looks poised to break major drought despite struggles off tee
Will McIlroy win his third straight tournament and take home his first major championship in a decade?CBS Sports - Sports -
Why Cathie Wood’s Ark Innovation ETF is struggling in 2024 despite the stock-market rally
One research analyst prefers the Nasdaq for exposure to “disruptive innovation.”MarketWatch - Business -
Premier League betting: Despite Manchester City's status as extreme title favorites, there's still value to be had Sunday
City is -1600 to win the league but only -900 to beat West Ham. A victory over West Ham locks up a fourth consecutive EPL title.Yahoo Sports - Sports - Premier League -
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Walmart may just be a pit stop for high-income consumers.CNBC - Business -
Radical change looms for Japanese legal sector
Advisers are braced for more domestic businesses to become targets for unsolicited takeoversFinancial Times - World - Japan -
China unveils package to boost property sector
Central bank eases lending requirements and lowers downpayments to ease years-long slowdownFinancial Times - World - China
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Week Ahead for FX, Bonds: PMI Surveys, Asia Central Banks in Focus
Key data from the U.S., Europe and U.K. will share the stage with a raft of central bank decisions out of Asia-Pacific, as the timing of interest rate cuts stays front of mind for investors.The Wall Street Journal - World -
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 -
Biden Renews Call for Gaza Cease-Fire at Morehouse Commencement
President is seeking to shore up support from Black voters as polls show his standing eroding.The Wall Street Journal - World - Joe Biden -
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Working From Home and Spending Billions Shopping Online
Without the boss nearby, who can resist placing that Amazon order?The Wall Street Journal - World