Nations – Page 25922 – Prologue Journal

Nvidia Set for $1 Trillion Market Cap

Wall Street Journal The chip maker is set to enter an exclusive club of companies with a trillion-dollar market capitalization. https://www.wsj.com/articles/nvidia-set-for-1-trillion-market-cap-88794c6

A Foreign Capital Invasion Could Lift Japan’s Stocks

Wall Street Journal Japan’s Topix is one of the top performing markets in the world this year. But foreigners are only just starting to take note. https://www.wsj.com/articles/a-foreign-capital-invasion-could-lift-japans-stocks-60929316

China loses millions of tonnes of wheat right before harvest, with global price implications

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Huge emergency fund set up after prolonged rainfall damages crops across China’s wheat-production base amid efforts to ensure food security, and the impact could raise prices globally. https://www.scmp.com/economy/china-economy/article/3222338/china-loses-millions-tonnes-wheat-right-harvest-global-price-implications?utm_source=rss_feed

China approves Microsoft’s Activision Blizzard acquisition as it still faces hurdles in the US and UK

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The State Administration for Market Regulation cleared the blockbuster US$69 billion takeover bid, which has resulted in legal battles in the US and UK. https://www.scmp.com/tech/big-tech/article/3222331/china-approves-microsofts-activision-blizzard-acquisition-it-still-faces-hurdles-us-and-uk?utm_source=rss_feed

AI poses ‘risk of extinction’, industry leaders warn

Washington Post Mitigating risks related to artificial intelligence should be a global priority comparable to fighting pandemics or preventing nuclear war, they say. https://www.washingtonpost.com/business/2023/05/30/ai-poses-risk-extinction-industry-leaders-warn/

GOP leaders tout McCarthy-Biden deal as ‘conservative’ victory as Republicans defect

Fox News House Republican leaders are touting the deal between House Speaker Kevin McCarthy and President Biden as a conservative victory, even as many of the most conservative Republicans in the House are saying they will vote against it. “[The White House] wanted new tax policy, they want new tax revenue, they wanted tax increases,”…

Judge, law professor among president’s Constitutional Court picks

Taipei, May 30 (CNA) President Tsai Ing-wen (蔡英文) has nominated Supreme Court Judge Tsai Tsai-chen (蔡彩貞), Control Yuan Secretary-General Chu Fu-mei (朱富美), National Taiwan University law professor Chen Chung-wu (陳忠五), and attorney Greg Yo (尤伯祥) to fill four upcoming grand justice vacancies on Taiwan’s Constitutional Court. https://focustaiwan.tw/politics/202305300019

Bank of Russia sells currency worth $24.7 mln on domestic market

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. The Ministry of Finance will allocate $499 mln for foreign currency sales from May 10 to June 6 https://tass.com/economy/1625201

Turkey’s Lira Hits New Low After Erdogan’s Re-Election

Wall Street Journal The local currency fell on concerns that the president would stick to his unorthodox approach to managing the country’s strained finances after he secured a new five-year term. https://www.wsj.com/articles/turkeys-lira-hits-new-low-after-erdogans-re-election-bb20ec8c

Russian Interior Ministry puts Ukrainian Commander-in-Chief on wanted list

Pravda Ukraine The Ministry of Internal Affairs of Russia has put Valerii Zaluzhnyi, Commander-in-Chief of the Ukrainian Armed Forces, on the wanted list. Source: Russian state-owned news agency RIA Novosti, which refers to the department’s database Details: “The basis for the search: wanted under the article of the Criminal Code,” is written on Zaluzhnyi’s wanted…