• 03/14/2025

Asian Currencies Consolidate Amid U.S. Debt-Ceiling Negotiations

Wall Street Journal Asian currencies consolidated against USD in the morning session amid U.S. debt-ceiling negotiations. These talks have made FX market movements more cautious, MUFG Bank said. https://www.wsj.com/articles/asian-currencies-consolidate-amid-u-s-debt-ceiling-negotiations-f89d4f07

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CA Gov. Newsom declines to back reparations checks, says slavery’s legacy about ‘more than cash payments’

Fox News FIRST ON FOX: California Gov. Gavin Newsom declined to endorse the cash payments – which could reach as high as $1.2 million for a single recipient – recommended by his reparations task force, telling Fox News Digital that dealing with the legacy of slavery “is about much more than cash payments.”  “The Reparations…

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ISW speculates on Russia’s intentions behind latest series of missile strikes

Pravda Ukraine Analysts at the Institute for the Study of War (ISW) have pointed out that Russia is attempting to emphasise that it is deterring a future Ukrainian counter-offensive with its latest series of missile strikes. https://www.pravda.com.ua/eng/news/2023/05/10/7401445/

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Taiwan shares open lower

Taipei, May 10 (CNA) The Taiwan Stock Exchange’s main index opened down 19.22 points at 15,708.48 Wednesday on turnover of NT$2.164 billion (US$70.49 million). https://focustaiwan.tw/business/202305100001

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Ukraine’s Defense Ministry mocks Russian V-Day parade in video tribute

Jerusalem Post Ukrainian forces used humor to mock Russia’s performance on one of the largest national holidays. https://www.jpost.com/international/article-742585

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Japan called out by G7 ally Canada over imports of Russian seafood, energy amid Ukraine war

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Japan imported a record amount of seafood from Russia last year and continues to bring in Russian timber and liquefied natural gas despite criticism that such exports are helping to fund the invasion of…

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Struggling biotech’s revenue and profit plunged. Wall Street saw something to cheer.

Washington Post Novavax’s stock surged 30 percent Tuesday, it’s biggest one-day gain in more than two years as the struggling vaccine maker pledged to slash costs and disclosed promising results of vaccines in development. https://www.washingtonpost.com/business/2023/05/09/novavax-covid-vaccine-stock-price/

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Saudi Arabia, Syria announce decision to resume diplomatic ties

Disclaimer: PressTV is affiliated with the state broadcasting agency of the Islamic Republic of Iran, and is not a reliable news source. Saudi Arabia and Syria announce separate decisions to resume their diplomatic relations. https://presstv.ir/Detail/2023/05/10/703081/Syria-Saudi-Arabia-diplomatic-relations

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Wall Street Journal This strategy beat the world's top hedge funds. You absolutely should not try it. https://www.wsj.com/articles/more-amp-raquo-911eb65b

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New pandas in Hong Kong? Ocean Park, city in discussions about obtaining pair from Beijing

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Park’s chairman tells Post that attraction’s caretakers, facilities and track record put it in good position to welcome animals. https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3219979/new-pandas-hong-kong-ocean-park-city-discussions-about-obtaining-pair-beijing?utm_source=rss_feed

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