Samuel Le Cornu, Senior Portfolio Manager, Macquarie Investment Management says the impact of China’s rate cut on ASEAN equities has been positive. It could be a good time to take profits though small and mid-cap sectors are feeling the credit squeeze. Pamela Ambler reports.
The Republican-led Legislature in Tennessee gave final approval to the legislation Tuesday, just days after Republican governors in Iowa and Nebraska signed laws that also expand the potential for armed personnel in schools. Tennessee lawmakers followed that up with another gun-rights measure Wednesday, giving final approval to legislation that would bar local extreme-risk-protection ordinances that allow guns to be removed from people judged to pose a threat to themselves or others. Both bills head next to Republican Gov. Bill Lee, who pushed unsuccessfully last year for a statewide measure that would allow some version of extreme risk protection orders.
Botswana's foreign minister said his country had been approached by the U.K. to take some of what he called their “unwanted immigrants” but declined the request. Lemogang Kwape's comments in a telephone interview with South African television channel Newzroom Afrika on Tuesday came hours after the British Parliament finally passed legislation allowing a contentious plan to send some migrants to Rwanda to move ahead. British Prime Minister Rishi Sunak said the first flights to Rwanda in East Africa would now leave in July.
TikTok’s fate has never been more in doubt since the House of Representatives recently approved a bill that forces its parent company to find a buyer or face a U.S. ban.
Apple is looking to increase its manufacturing presence in Southeast Asia and its market share in India as China troubles loom.
Oracle Corp.'s planned campus in Nashville, Tennessee, will serve as the business software giant's world headquarters, placing it in a city that's a center for the U.S. health care industry, CEO Larry Ellison said. Ellison spoke about Oracle's plans for its Nashville offices during a conversation about health care technology with former U.S. Sen. Bill Frist at the Oracle Health Summit on Tuesday. In 2021, a Tennessee panel approved $65 million in state incentives for Oracle, with the company planning to bring 8,500 jobs and an investment topping $1 billion to Nashville over a decade.
Spanish Prime Minister Pedro Sanchez said Wednesday he was weighing the possibility of resigning after a court opened an investigation into his wife Begona Gomez on suspicion of graft."His family is being investigated by the court... it is important enough that the prime minister explains himself to the Spanish people."
Democrats in Arizona's House of Representatives said on Wednesday they would try once more to repeal an 1864 ban on abortion that may go into effect next month if not knocked down. The Arizona House Democrats said on social media that they would try to bring for a vote Representative Stephanie Stahl Hamilton's bill that calls for the repeal of the 160-year-old ban. "The decision to get an abortion, or seek any type of reproductive healthcare, belongs in the hands of patients, their families and their providers, not politicians," Democratic Representative Oscar De Los Santos told reporters before Thursday's session began.
TikTok CEO Shou Chew posted a video criticizing the potential ban after President Joe Biden signed it into law.
The U.S. sent Ukraine powerful ballistic missiles for the first time earlier this month, and Ukraine has already used them to strike deep inside Crimea.
Surgeons in the United States have transplanted a modified pig kidney into a living person for the second time, a hospital said Wednesday, celebrating an advance in animal-to-human organ transplants.However, the human body can reject animal organs, meaning they must be genetically modified to ensure they will be compatible, reducing risk for the patient.
A Chinese music student was sentenced on Wednesday to nine months in a U.S. prison for harassing an activist who posted fliers at the Berklee College of Music in Boston supporting democracy in China and threatening to report her activities to Chinese law enforcement. Prosecutors had urged U.S. District Judge Denise Casper in Boston to sentence Xiaolei Wu, 26, to nearly three years in prison to send a message that the United States would not tolerate China's attempts to silence people of Chinese descent who express views at odds with the government.
One of the two pilots aboard an airplane carrying fuel reported there was a fire on the airplane shortly before it crashed and burned outside Fairbanks, killing both people on board, a federal aviation official said Wednesday. The pilot had made radio contact about the in-fight emergency shortly after taking off Tuesday, said Clint Johnson, head of the National Transportation Safety Board’s Alaska regional office. Alaska State Troopers say no survivors were found.
A federal investigation has concluded that a young Black man died of a self-inflicted gunshot wound inside a rural Missouri home, not at the hands of the white homeowner who had a history of racist social media postings, an FBI official told The Associated Press Wednesday. Derontae Martin, 19, was at a prom party on April 25, 2021, when he died in an attic closet. Relatives of Martin and others questioned that finding, and a jury at a coroner's inquest later ruled that Martin died by “violence," prompting the FBI investigation.
Senator Bernie Sanders, chair of the Senate Committee on Health, Education, Labor and Pensions, sent a letter to Novo's CEO seeking more information on U.S. prices for the two drugs, which are higher than the prices in other countries. The committee also asked Novo if it will substantially reduce both the list price and the net price of both the drugs, and why the company was charging a higher price for the weight loss drug Wegovy than Ozempic, which contains the same compound.
Sen. Thom Tillis, R-N.C., went after Rep. Marjorie Taylor Greene, R-Ga., Tuesday, saying that Greene was a threat to the Republican Party and was "dragging our brand down."
The case over Trump's immunity is one of the most pivotal presidential power cases in a generation.
On the afternoon of April 4, Olivia Patterson looked up from her neighbor’s backyard in North Yorkshire, England, and saw smoke billowing from the roof of her house.
Few Biden administration officials or lawmakers say the $60 billion package means Ukraine walks away from the battlefield with its country fully restored.
Microsoft will report its Q3 earnings after the bell Thursday, as investors look for AI growth.
Boeing (BA) on Wednesday reported results that beat Wall Street expectations after a tumultuous first quarter.
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