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npub1nnf…ffs2
2024-05-03 05:58:32
in reply to nevent1q…su3l

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President Biden Faces Backlash for Calling US Allies Japan and India 'Xenophobic'
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#99e2f5f5 ver:0.43

President Biden faces backlash for calling Japan and India 'xenophobic' and unwelcoming to immigrants. The comments were made during a campaign fundraising event, raising questions about the future of US relations with these countries. Japan is grappling with demographic issues and restrictive immigration laws, while India's population has swelled to become the world's largest. Biden's remarks on xenophobia and economic performance have sparked controversy and come in contrast to his Republican rival's stance on immigration. #Biden #Japan #India #xenophobia #immigration...

#newstr #PresidentBiden #Japan #India #Xenophobic #Immigration #UsAllies

https://here.news/story/99e2f5f5?ver=0.43


Oil prices set for biggest weekly drop since February as war risk fades
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#12d86ea3 ver:1.83

Oil prices set for biggest weekly drop since February as war risk fades. Weak global demand, rising inventories, and fading hopes for US interest rate cuts contribute to the decline. Concerns about US economic slowdown and slump in diesel demand also play a role. OPEC+ may extend output cuts if demand doesn't pick up. Traders monitor if US government will replenish strategic reserves. #OilPrices #Economy #OPEC...

#newstr #Oil #GeopoliticalRisks #MiddleEast #FuelMarkets #Opec #OutputCuts #SupplydemandBalance

https://here.news/story/12d86ea3?ver=1.83


Asian Stocks Surge on Tech Boost, Yen Extends Gains to Cap Wild Week
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#a1cb2d51 ver:0.1

Asian stocks surge on tech boost, yen extends gains to cap wild week. Strong start to US earnings season lifts Asian stocks, with Japanese and South Korean stocks gaining. US markets could remain volatile, but early results suggest companies are beating expectations. Tech stocks lift Wall Street, Apple's record share buyback plan boosts tech sector. Yen strengthens, dollar index set for worst weekly performance since March. Key events this week: Federal Reserve rate decision, earnings reports from Amazon, Samsung, HSBC. #AsianStocks #TechBoost #YenGains #USearnings #Volatility #Apple #DollarIndex #FedDecision #EarningsReports...

#newstr #AsianStocks #UsEarningsSeason #JapaneseStocks #SouthKoreanStocks #AustralianStocks #UsShares #Yen #ChineseYuan #SamsungElectronics #Tesla #UsEquities #BigtechCompanies #Oil #Gold #FederalReserveRateDecision #Amazon #Samsung #Hsbc

https://here.news/story/a1cb2d51?ver=0.1


Indian Rupee Expected to Remain Stable Amid RBI Intervention, According to Reuters Poll
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#19e6c8d0 ver:0.87

The Indian rupee is expected to remain stable against the US dollar due to regular interventions by the RBI, with a short-term forecast of 83.47/$ and a long-term projection of 82.60/$. The rupee's recent decline was influenced by increased demand from importers and a weakening US Dollar Index. Traders should monitor forward premiums and upcoming US economic reports for potential volatility. Indian equity indices opened with a minor dip, while APAC markets inched higher following cues from the US market. #IndianRupee #RBI #USDINR...

#newstr #IndianRupee #RbiIntervention #ForeignExchange #Economy

https://here.news/story/19e6c8d0?ver=0.87


Asian Markets Rally as Tech Giants Surge and Yen Strengthens Against Dollar
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#080c8e6b ver:2.22

Asian markets rally as tech giants surge and yen strengthens against dollar. Investors await US jobs data, which could influence Fed's decision on interest rate cuts. Wall Street gains, yen speculation, and hopes for US rate reduction drive market optimism. #AsianMarkets #TechGiants #YenStrength #USJobsData #FedDecision #InterestRateCuts...

#newstr #AsianMarkets #WallStreet #FederalReserve #InterestRates #TechGiants #Yen #UsJobs #RateCuts #GazaCeasefire

https://here.news/story/080c8e6b?ver=2.22


Outdoor Voices, Esprit's Swiss Subsidiary, and US Fashion Retailer Rue21 Face Challenges and Close Physical Stores
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#05c45c4f ver:0.05

Popular clothing retailers face challenges and close physical stores. Outdoor Voices shuts down all 15 locations, struggling to compete in the activewear market. Esprit's Swiss subsidiary closes 23 stores due to economic factors. rue21 files for bankruptcy for the third time, closing all 540 stores. #RetailChallenges #StoreClosures #Bankruptcy...

#newstr #OutdoorVoices #Esprit #Rue21 #Bankruptcy #StoreClosures

https://here.news/story/05c45c4f?ver=0.05


Turkey halts trade with Israel amid tensions over Gaza war; US imposes new sanctions on Russia
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#9cbad166 ver:0.08

Turkey halts trade with Israel amid tensions over Gaza war; US imposes new sanctions on Russia. The halt in trade has economic implications for both countries, while the US sanctions add complexity to their strained relationship. Hugo Boss flags weaker Chinese demand, indicating a potential slowdown in the Chinese economy with implications for global trade and growth. #Turkey #Israel #Gaza #US #Russia #China #economy...

#newstr #Turkey #Israel #GazaWar #Trade #Us #Russia #Sanctions #HugoBoss #ChineseDemand

https://here.news/story/9cbad166?ver=0.08


70% of Hong Kong’s Small Businesses Report Income Drop Below Pre-Covid Levels
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#d0c70c5a ver:0.48

Despite Hong Kong's positive economic growth, with GDP expanding by 2.7% in Q1 2024, 70% of small businesses report income below pre-Covid levels. The city aims to attract more tourists and investment, but faces challenges in implementing the Sino-British Joint Declaration and maintaining stability. Confidence in Hong Kong remains, with the number of Americans living there reaching its highest level since the pandemic. However, the city's struggling housing market, eroding freedoms, and poor stock market performance are concerns. The economy is projected to grow by 2.5% to 3.5% this year. #HongKong #economy #smallbusinesses #tourism...

#newstr #HongKong #GdpGrowth #SmallBusinesses #IncomeDrop

https://here.news/story/d0c70c5a?ver=0.48

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