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CHARLOTTE, N.C. (AP) — Anthony Davis and the Lakers might be starting to find their rhythm — just as the uncertainty of the NBA trade deadline approaches. Davis had 26 points, 15 rebounds and 11 assists for his third career triple-double and Los Angeles held on to defeat the short-handed Charlotte Hornets 124-118 on Monday night for their third straight win. “When we put our minds to it, we can beat any team in this league,” Davis said. Davis was simply too much to contain for a Hornets team severely lacking height with center Mark Williams still out with a back injury. “He’s seen just about everything," Lakers coach Darvin Ham said of the double teams Davis has faced and beaten.

Persons: CHARLOTTE, — Anthony Davis, Davis, D’Angelo Russell, LeBron James, ” Davis, “, James, “ that's, ” Miles Bridges, Brandon Miller, Terry Rozier, Miller, Russell, Nick Richards, Mark Williams, “ He’s, Darvin Ham, He’s, Christian Wood, Austin Reaves, Reaves, Charlotte, Bridges, ___ Organizations: Lakers, NBA, Charlotte Hornets, Hornets, Indiana Pacers, NEXT, Raptors Locations: N.C, Angeles, Nevada, Miami, . Washington, Los Angeles

NEW YORK (AP) — Julius Randle had 25 points and 20 rebounds, RJ Barrett scored 16 points, and the New York Knicks advanced to the quarterfinals of the NBA In-Season Tournament with a 115-91 victory over the Charlotte Hornets on Tuesday night. The Knicks missed their chance to win Group B when the Milwaukee Bucks beat the Miami Heat to finish unbeaten in pool play. But the Knicks took the wild-card spot in the Eastern Conference by tiebreaker because of their point differential in the preliminary round. Reserves Immanuel Quickley scored 23 points and Josh Hart chipped in 17 as the New York bench outscored Charlotte’s 50-35. Randle and Barrett combined for 28 points to lead the Knicks to a 53-44 lead at halftime.

Persons: — Julius Randle, RJ Barrett, Immanuel Quickley, Josh Hart, Brandon Miller, Mark Williams, LaMelo Ball, Miles Bridges, Randle, Barrett Organizations: New York Knicks, NBA, Charlotte Hornets, Knicks, Milwaukee Bucks, Miami Heat, Eastern Conference, Bucks, Charlotte’s, Hornets, Brooklyn Nets, Detroit Pistons Locations: New York, York

☆ NBA roundup: Ex-Blazer Damian Lillard seals Bucks win
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +7 min

The Nets gave up the game's first 13 points and trailed 30-9 with 4:37 left in the first quarter. Terry Rozier collected 22 points and nine assists, Brandon Miller had 20 points, P.J. Hornets point guard LaMelo Ball had seven points before exiting midway through the second quarter with a right ankle strain. Reggie Jackson had 20 points, Kentavious Caldwell-Pope contributed 16 points and Julian Strawther added 10 points for Denver. Poeltl added 13 rebounds.

Persons: Giannis Antetokounmpo, Jeff Hanisch, Bobby Portis, Damian Lillard's, Lillard, Jrue, Deandre, Toumani Camara, Spencer Dinwiddie, Royce O'Neale, Lonnie Walker IV, DeMar DeRozan, Coby White, Patrick Williams, Zach LaVine, Jayson Tatum, Tatum didn't, Al Horford, Derrick White, Jaylen Brown, Neemias Queta, Trae Young, Atlanta's De'Andre Hunter, Bogdan Bogdanovic, Bogdanovic, Devin Booker, Booker, Kevin Durant, Eric Gordon, Jordan Goodwin, Jalen Brunson, Julius Randle, Immanuel Quickley, Franz Wagner, Cole Anthony, Paolo Banchero, Jalen Suggs, Goga Bitadze, Moritz Wagner, Anthony, Miles Bridges, Terry Rozier, Brandon Miller, Mark Williams, LaMelo Ball, Ball, Anthony Edwards, Mike Conley, Conley, Jaren Jackson Jr, Desmond Bane, Santi Aldama, Nikola Jokic, Michael Porter Jr, San Antonio, Reggie Jackson, Kentavious Caldwell, Pope, Julian Strawther, Aaron Gordon, Jamal Murray, Victor Wembanyama, Devin Vassell, Malaki Branham, Julian Champagnie, Keldon Johnson, Tre Jones, Darius Garland, Max Strus, Donovan Mitchell, Evan Mobley, Jarrett Allen, Pascal Siakam, Jakob Poeltl, Poeltl, Scottie Barnes, Dennis Schroder, Gary Trent Jr Organizations: Milwaukee Bucks, Portland Trail Blazers, Fiserv Forum, Bucks, Trail Blazers, Portland, Nets, Bulls, Brooklyn, NBA, skidding Chicago, The Nets, Milwaukee, Celtics, Hawks, Boston, Atlanta, Suns, Knicks, Phoenix, New York, Hornets, Orlando, Charlotte, Banchero, Timberwolves, Grizzlies, Wolves, Nuggets, Spurs, Denver, San, The Nuggets, Cavaliers, Raptors, Cleveland, Toronto, Clevland, Thomson Locations: Milwaukee , Wisconsin, USA, Portland, Deandre Ayton, Sacramento, New, P.J, Washington, Minnesota, Memphis, Denver

Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. The surge in their borrowing from Chinese banks has catapulted the yuan past the euro into becoming the second-biggest currency used in global trade finance, providing a fillip to Beijing's ambitions to internationalize the yuan. "Panda bonds are steadily promoting the renminbi's function as a funding currency", the People's Bank of China (PBOC) said a report last month. German automaker Volkswagen Group (VOWG_p.DE) told Reuters it will use its inaugural 1.5 billion yuan panda bond proceeds only for its onshore China business. ($1 = 7.2421 Chinese yuan renminbi)Reporting by Samuel Shen and Rae Wee Editing by Vidya Ranganathan and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

Persons: Yuan, Dado Ruvic, Fiona Lim, Lim, SWIFT, Mercedes, Yuan internationalisation, Mark Williams, It's, Maybank's Lim, Williams, Samuel Shen, Rae Wee, Vidya Ranganathan, Kim Coghill Organizations: REUTERS, Rights, BMW, Crédit Agricole S.A, National Bank of Canada, People's Bank of China, Standard Chartered Bank, Bank of China's, Volkswagen Group, Reuters, Benz Group, Capital Economics, Thomson Locations: Rights SHANGHAI, SINGAPORE, China, Hong Kong, Asia, Russia, Argentina, Pakistan, Nigeria

☆ Some fund managers see merit in China's deeply discounted stocks
▼ + stars: | 2023-11-14 | by ( Summer Zhen | ) www.reuters.com time to read: +5 min

U.S. asset manager Fidelity International is highlighting China's looser monetary policy and the government's recent 1 trillion yuan ($137.10 billion) borrowing-and-spending sovereign bond plan as a tailwind for the country's stock markets. London-based £3 billion fund manager Somerset Capital Management likewise finds China exciting. The stock market has yet to recover, but has stabilised. Morgan Stanley estimates long-only foreign investors now have their deepest underweight positions in China and Hong Kong equities in years. Chinese stocks could see a short-term sentiment pick-up given foreign funds have such light positions in the market, said Redmond Wong, Greater China market strategist at Saxo Markets.

Persons: Dado Ruvic, ”, Marty Dropkin, Mark Williams, Morgan Stanley, Patrick Ghali, Sean Ho, Vivek Tanneeru, Redmond Wong, Summer Zhen, Xie Yu, Vidya Ranganathan, Kim Coghill Organizations: REUTERS, Fidelity, Asia Pacific, Fidelity International . London, Somerset Capital Management, Nasdaq, Japan’s Nikkei, Sussex Partners, Hong, China, Hang Seng Tech, Monetary Fund, Cambridge Associates, Capital, “, Triata, Matthews Asia, Saxo Markets, Thomson Locations: HONG KONG, China, U.S, Asia, Hong Kong, London, Boston, San Francisco, Greater China

☆ NBA roundup: Luka Doncic, Mavs overwhelm Clippers
▼ + stars: | 2023-11-11 | by ( ) www.reuters.com time to read: +6 min

This was the Clippers' first in-season tournament game, while the Mavericks improved to 1-1. Tyrese Maxey racked up 29 points, 11 assists, six rebounds and four steals for Philadelphia, which has won seven straight games. Rockets 104, Pelicans 101Fred VanVleet drilled two late 3-pointers as Houston rallied from a 10-point, fourth-quarter deficit to defeat visiting New Orleans in an NBA in-season tournament game. Jayson Tatum had 23 points and 10 rebounds for the Celtics, who were playing in their first in-season tournament game. Anthony Edwards added 28 points for the Timberwolves, with Rudy Gobert racking up 11 points and 10 rebounds, Mike Conley scoring 11 points and Jaden McDaniels hitting for 10.

Persons: Luka Doncic, Dwight Powell, Kevin Jairaj, Kyrie Irving, Tim Hardaway Jr, Derrick Jones Jr, Kawhi Leonard, Joel Embiid, Embiid, Tyrese Maxey, Killian Hayes, Duren, Fred VanVleet, VanVleet, Brandon Ingram, Ingram, Zion Williamson, CJ McCollum, Herb Jones, Jordan Clarkson, Lauri Markkanen, John Collins, Keyonte George, Desmond Bane, Bismack Biyombo, Jaylen Brown, Jayson Tatum, Boston's Jrue Holiday, Lonnie Walker IV, Trendon, Dennis Smith Jr, Karl, Anthony Towns, phenom Victor Wembanyama, Anthony Edwards, Rudy Gobert, Mike Conley, Jaden McDaniels, LeBron James, D'Angelo Russell, Anthony Davis, Cam Reddish, Austin Reaves, Kevin Durant, Bradley Beal, Devin Booker, Mark Williams, Charlotte, Gordon Hayward, LaMelo Ball, Kevin Huerter, Keegan Murray, Domantas Sabonis, Murray, Malik Monk, Shai Gilgeous, Alexander Organizations: Dallas Mavericks, LA Clippers, American Airlines Center, Los Angeles Clippers, NBA, Dallas, The Mavericks, Clippers, Mavericks, West Group B, 76ers, Pistons, Philadelphia, Detroit, Rockets, Pelicans, Houston, New, Jazz, Grizzlies, Memphis, Celtics, Nets, Boston, Brooklyn, Trendon Watford, Timberwolves, Spurs, Minnesota, Lakers, Suns, Phoenix, Wizards, Washington, Hornets, Charlotte, East Group, Thunder, Sacramento, Oklahoma City, Kings, Group, Thomson Locations: Dallas , Texas, USA, Detroit, New Orleans, Utah, Minnesota, San Antonio, Los Angeles, Washington

☆ NBA roundup: Grizzlies stun Blazers, break into win column
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +4 min

The 0-6 run was the Grizzlies' worst start since they dropped their first 13 games of the 2002-03 season. Jerami Grant scored 27 points for the Trail Blazers, who had a three-game winning streak halted. Malcolm Brogdon registered 18 points, 11 assists and seven rebounds and Shaedon Sharpe added 18 points and eight rebounds. Washington and Gordon Hayward each poured in 20 points and Mark Williams provided 19 points and 10 rebounds for Charlotte. Zach Collins had 21 points and 11 rebounds, while Victor Wembanyama racked up 20 points, nine rebounds and a career-high five blocked shots.

Persons: Desmond Bane, Shaedon Sharpe, Jaime Valdez, Jaren Jackson Jr, Jerami Grant, Malcolm Brogdon, Luka Doncic, Grant Williams, Kyrie Irving, Dereck Lively, LaMelo, Gordon Hayward, Mark Williams, Brandon Miller, Scottie Barnes, Barnes, Dennis Schroder, Jakob Poeltl, Gary Trent Jr, Keldon, Antonio, Zach Collins, Victor Wembanyama, Malaki Branham, Doug McDermott, Kevin Durant, Durant, Eric Gordon, Monty Williams, Phoenix, Cade Cunningham, Marcus Sasser, Donovan Mitchell, Stephen Curry, Evan Mobley, Mitchell, Darius Garland, hadn't, Curry, Draymond Green Organizations: Memphis Grizzlies, Portland Trail Blazers, Moda Center, USA, Memphis, Grizzlies, Trail Blazers, Blazers, Mavericks, Hornets, Luka, Dallas, Charlotte, The Mavericks, Raptors, Spurs, Toronto, San, Suns, Pistons, Phoenix, Detroit, Cavaliers, Warriors, Cleveland, Oklahoma City, Thomson Locations: Portland , Oregon, USA, P.J . Washington, San Antonio

☆ NBA roundup: Jayson Tatum makes Boston history in defeating Nets
▼ + stars: | 2023-11-05 | by ( ) www.reuters.com time to read: +6 min

Tatum made 10 of 20 shots, hit six of Boston's 15 3-pointers and collected 11 rebounds. Washington scored 15 points, Brandon Miller and Nick Richards each had 10 and LaMelo Ball recorded 11 points and 11 assists. 76ers 112, Suns 100Joel Embiid supplied 26 points and 11 rebounds as host Philadelphia beat short-handed Phoenix. Brooks added nine rebounds and almost joined Smith (21 points, 11 rebounds) and VanVleet (21 points, 12 assists) with a double-double. Chicago trailed by as much as 23 in the fourth quarter after leading 53-51 at the break.

Persons: Jayson Tatum, Al Horford, Wendell Cruz, Tatum, Jaylen Brown, Kristaps Porzingis, Cam Thomas, Spencer Dinwiddie, Mikal Bridges, Mark Williams, Charlotte, Gordon Hayward, Terry Rozier, P.J . Washington, Brandon Miller, Nick Richards, LaMelo Ball, Tyrese Haliburton, Franz Wagner, Paolo Banchero, Banchero, Anthony Davis, LeBron James, Austin Reaves, Joel Embiid, Embiid, Kelly Oubre Jr, Tyrese Maxey, Kevin Durant, Devin Booker, Bradley Beal, Booker, Beal, Young, Jalen Johnson, New Orleans . Young, Johnson, Zion Williamson, Brandon Ingram, Dillon Brooks, Jabari Smith, Fred VanVleet, Brooks, Smith, Malik Monk, De'Aaron Fox, Anthony Edwards, Karl, Anthony Towns, Edwards, Lauri Markkanen, John Collins, Talen Horton, Tucker, Nikola Jokic, Michael Porter Jr, Reggie Jackson, Jamal Murray, Nikola Vucevic, DeRozan Organizations: Boston Celtics, Brooklyn Nets, Barclays Center, Celtics, Nets, Hornets, Pacers, Indiana, Ball, Lakers, Orlando, Los Angeles, Clippers, NBA, 76ers, Suns, Philadelphia, Sixers, Phoenix, Hawks, Pelicans, Atlanta, New, New Orleans ., Rockets, Houston, Sacramento, Timberwolves, Jazz, Minneapolis . Towns, Wolves, Utah, Nuggets, Bulls, Denver, Chicago, Thomson Locations: Brooklyn , New York, USA, New York, Brooklyn, Indianapolis, P.J ., Haliburton, Los Angeles, New Orleans, Sacramento, Minnesota, Utah, Minneapolis .

☆ Cam Thomas eclipses 30 again as Nets down Hornets
▼ + stars: | 2023-10-31 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/67] Oct 30, 2023; Charlotte, North Carolina, USA; Charlotte Hornets center Mark Williams (5) during warm ups against the Brooklyn Nets at Spectrum Center. Mandatory Credit: Jim Dedmon-USA TODAY Sports Acquire Licensing RightsOctober 31 - Cam Thomas scored 19 of his 33 points in the second half and helped carry the Brooklyn Nets to their first victory of the season, a 133-121 decision against the host Charlotte Hornets on Monday night. Thomas has scored 30 or more points in all three games this season. Ben Simmons added 11 points and 10 rebounds and Day'Ron Sharpe had 11 points for the Nets. Charlotte was within 10 points with about eight minutes remaining, but Thomas scored four points across a 41-second span to help the Nets pull away.

Persons: Charlotte ,, Mark Williams, Jim Dedmon, Cam Thomas, Mikal Bridges, Lonnie Walker IV, Dorian Finney, Smith, Terry Rozier, Brandon Miller, Gordon Hayward, Thomas, Ben Simmons, Day'Ron Sharpe, Charlotte, Bridges Organizations: Charlotte Hornets, Brooklyn Nets, Spectrum Center, Brooklyn, Nets, Hornets, Charlotte, Bridges, Thomson Locations: Charlotte, Charlotte , North Carolina, USA, P.J . Washington

☆ NBA roundup: Mavs spoil Victor Wembanyama's debut
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +8 min

Julius Randle had 14 points and 11 rebounds for New York, while Jalen Brunson scored 15 points but shot just 6-for-21 from the field. Fred VanVleet and Dillon Brooks scored 14 points apiece in their Houston debuts. Jalen Duren (17 points, game-high-tying 14 rebounds) and Isaiah Stewart (14 points, game-high-tying 14 rebounds) recorded double-doubles for the Pistons. Anthony Edwards led the Timberwolves with 26 points and 14 rebounds, and Rudy Gobert had 15 points and 13 rebounds. Former Celtic Marcus Smart scored 17 points in his Memphis debut, and Xavier Tillman added 17 points and 12 rebounds.

Persons: Luka Doncic, Daniel Dunn, Victor Wembanyama's, Doncic, Kristaps Porzingis, Jayson Tatum, RJ Barrett, Immanuel Quickley, Julius Randle, Jalen Brunson, Paul George, Kawhi Leonard, Ivica Zubac, Russell Westbrook, Malcolm Brogdon, Anfernee Simons, Damian Lillard, Lillard, Washington, Brandon Miller, Terry Rozier's, LaMelo, Mark Williams, Miller, Gordon Hayward, Trae Young, Jalen Johnson, Saddiq Bey, Clint Capela, Bruce Brown, Brown, Tyrese Haliburton, Kyle Kuzma, Donovan Mitchell, Max Strus inbounded, Darius Garland, Garland, Mitchell, Brooklyn's Cameron Johnson, Strus, Isaac Okoro, Cam Thomas, Johnson, Shai Gilgeous, Alexander, Josh Giddey, Jalen Williams, Isaiah Joe, DeMar DeRozan, Zach LaVine, Coby White, Nikola Vucevic, Harrison Barnes, Sabonis, De'Aaron Fox, Keegan Murray, Jordan Clarkson, Lauri Markkanen, John Collins, Cole Anthony, Gary Harris, Anthony, Harris, Fred VanVleet, Dillon Brooks, Alperen Sengun, Bam Adebayo, Cade Cunningham, Adebayo, Jimmy Butler, Cunningham, Jalen, Isaiah Stewart, Dennis Schroder, Schroder, Darko Rajakovic, Anthony Edwards, Rudy Gobert, CJ McCollum, McCollum, Zion Williamson, Brandon Ingram, Desmond Bane, Ja Morant, Celtic Marcus Smart, Xavier Tillman Organizations: Dallas Mavericks, San Antonio Spurs, Frost Bank Center, Victor Wembanyama's NBA, Celtics, Knicks, Boston, New, Clippers, Trail Blazers, Portland, Milwaukee Bucks, Hornets, Hawks, Charlotte, Atlanta, Pacers, Wizards, Indiana, Cavaliers, Nets, Cleveland, Brooklyn, Thunder, Bulls, Oklahoma City, Chicago, Jazz, Utah, Rockets, Orlando, Houston, Pistons, Miami, Raptors, Timberwolves, Toronto, Minnesota, Pelicans, Grizzlies, New Orleans, Memphis, Celtic, Thomson Locations: San Antonio , Texas, USA, France, New York, Los Angeles, Portland, Atlanta . Washington, Atlanta, Washington, Indianapolis, Brooklyn, Sacramento, Salt Lake City, Kings, Houston, Jalen Duren, Toronto

☆ China to issue $137 bln sovereign debt to support economy
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: +2 min

Reuters reported on Monday that China's parliament was set to approve just over 1 trillion yuan in additional sovereign debt issuance, citing sources. "The additional fiscal support approved today is the intervention we had been expecting and that was needed to prevent an abrupt fiscal tightening in China in the closing weeks of the year," said Mark Williams, chief Asia economist at Capital Economics. China has previously let local governments issue bonds ahead of the annual session of parliament, which approves government budget plans and is usually held in March. Local governments had been told to complete the issuance of the 2023 quota of 3.8 trillion yuan in special local bonds by September to fund infrastructure projects. The government has not disclosed the size of local governments' 2024 frontloaded bond quotas.

Persons: Mark Williams, Williams, Kevin Yao, Ellen Zhang, Ella Cao, Jason Neely, Susan Fenton Organizations: Xinhua, Reuters, National People's Congress, Capital Economics, Thomson Locations: BEIJING, China, Asia, Beijing

☆ China’s economy will be hobbled for years by the real estate crisis
▼ + stars: | 2023-10-06 | by ( Laura He | ) edition.cnn.com time to read: +10 min

Absorbing this “excess capacity” in the property sector will inevitably hurt China’s economic growth, according to Garcia-Herrero. The money from the sales funded their breakneck expansion, making real estate moguls some of the country’s richest people. The strategy largely worked until about three years ago when the Chinese government cracked down on excessive borrowing by the real estate industry because it was worried about the risk of financial instability. But overall, the property sector has contracted severely as it adjusts to a collapse in demand. “A fundamental rewiring of China’s economy will necessitate a focus on developing new industries, improving productivity, and bolstering rental markets,” said analysts from Stanford University and the ASPI.

Persons: ”, Alicia Garcia, Herrero, Garcia, they’re, Evergrande, Xu Jiayin, Xi Jinping, ” Mark Williams, Sheana Yue, Zichuan Huang, “, — Michelle Toh Organizations: Hong Kong CNN, Investment, Asia Pacific, Getty, Bank, International Monetary Fund, IMF, Regulators, Capital Economics, People’s Bank of China, Oxford Economics, Stanford University, Asia Society Policy Institute, Oxford Locations: China, Hong Kong, Beijing, Natixis, Wuhan, China's, Hubei, Japan

☆ AI will help the US maintain its economic dominance over China, strategists say
▼ + stars: | 2023-09-30 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

No country is better positioned to benefit from the technology's rise, Capital Economics said. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementArtificial intelligence could transform the global economy – and it's the US that's best placed to benefit, according to Capital Economics. AdvertisementAdvertisement"AI is likely to help the US economy sustain its primacy over China in terms of GDP measured at market exchange rates," the strategists wrote.

Persons: —, Mark Williams, Williams Organizations: Capital Economics, Service, Country Locations: Singapore, Asia, Capital Economics China, China

☆ Belgium's Brecel holds off Selby to win world title
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +3 min

May 1 (Reuters) - Belgium's Luca Brecel became the first player from mainland Europe to win the snooker world title as he completed a fairytale fortnight by resisting a Mark Selby fightback to triumph 18-15 at The Crucible on Sunday. Brecel enjoyed a 9-8 overnight lead after Saturday's two sessions, but won the opening four frames on Sunday with three centuries to seize command. Selby looked on a roll but fearless Brecel would not be denied the title which lifts him second in the world rankings. After that win he said he had celebrated beating another former champion, Mark Williams, in the previous round by getting as 'drunk as hell'. While Brecel celebrated becoming Belgium's latest and most unlikely sporting hero, Selby, 39, had the consolation of making the first 147 break ever in the final of the world championship, his maximum coming during a storming fightback on Saturday.

☆ NBA roundup: Warriors hang 157 on Blazers, glide into playoffs
▼ + stars: | 2023-04-10 | by ( ) www.reuters.com time to read: +12 min

Shaedon Sharpe added 18 points to go with a team-high seven rebounds, while Jeenathan Williams had 17 points for Portland. New Orleans' Brandon Ingram had 42 points and 12 rebounds, CJ McCollum scored 23 points and Trey Murphy III had 20. Lindell Wigginton scored 17 points and Bobby Portis had 16 for the Bucks. Jaden Hardy led all scorers with 25 points, with Theo Pinson forging a triple-double (23 points, 13 rebounds, 12 assists) for the Mavericks. De'Aaron Fox, who scored 13 points, played less than 18 minutes.

☆ NBA roundup: Mavs' playoff hopes dashed by Bulls
▼ + stars: | 2023-04-08 | by ( ) www.reuters.com time to read: +9 min

The result ended the Mavericks' hopes of reaching the Western Conference play-in tournament. Chicago, which had already clinched an Eastern Conference play-in spot, played without leading scorers DeMar DeRozan and Zach LaVine as well as Patrick Beverley. Orlando, which was in contention for a play-in spot over the past month following a 5-20 start, played its second game since being eliminated Tuesday. Grizzlies 137, Bucks 114Jaren Jackson Jr. scored 36 points to lead seven Memphis players in double figures as the Grizzlies clinched the No. Pascal Siakam scored 19 points, Precious Achiuwa added 16 points, and Fred VanVleet had 12 points and eight assists.

☆ NBA roundup: Knicks get by Wizards, clinch playoff berth
▼ + stars: | 2023-04-03 | by ( ) www.reuters.com time to read: +10 min

[1/4] Apr 2, 2023; New York, New York, USA; New York Knicks guard Quentin Grimes (6) dribbles against Washington Wizards forward Corey Kispert (24) during the second half at Madison Square Garden. New York led by no fewer than eight and by as many as 20 the rest of the way. Atlanta got 25 points from Dejounte Murray, 18 points and 10 rebounds from John Collins and 14 points and 11 boards from Clint Capela. Dallas also got 22 points, seven rebounds and seven assists from Doncic and 18 points from Wood. The Rockets' starting backcourt of Kevin Porter Jr. and Jalen Green combined for 44 points with Green adding seven assists.

☆ Here’s why the U.S. had to sweeten terms to get the SVB sale done
▼ + stars: | 2023-03-27 | by ( Hugh Son | ) www.cnbc.com time to read: +3 min

First Citizens BancShares is acquiring $72 billion in SVB assets at a discount of $16.5 billion, or 23%, according to a Sunday release from the Federal Deposit Insurance Corporation. But even after the deal closes, the FDIC remains on the hook to dispose of the majority of remaining SVB assets, about $90 billion, which are being kept in receivership. All told, the SVB failure will cost the FDIC's Deposit Insurance Fund about $20 billion, the agency said. The deal terms may be explained by tepid interest in SVB assets, according to Mark Williams, a former Federal Reserve examiner who lectures on finance at Boston University. The ongoing sales process for First Republic may have cooled interest in SVB assets, according to a person with knowledge of the process.

☆ NBA roundup: Warriors withstand Joel Embiid's 46-point game
▼ + stars: | 2023-03-25 | by ( ) www.reuters.com time to read: +7 min

[1/5] Mar 24, 2023; San Francisco, California, USA; Golden State Warriors guard Stephen Curry (30) dribbles the basketball against the Philadelphia 76ers in the fourth quarter at Chase Center. A 23-9 run in the first 5:59 out of the locker room quickly flipped the game in the Kings' favor. Booker finished with 32 points, 14 in the fourth quarter, and Ross' 30 points marked a season high. Italian rookie Simone Fontecchio led Utah with 26 points, while Kelly Olynyk chipped in with 16 points and seven rebounds. Haliburton and Myles Turner each scored 20 points to lead Indiana, which trailed by 29 in the fourth quarter.

☆ China expected to account for 40% of this year's oil demand recovery
▼ + stars: | 2023-03-23 | by ( Rowena Edwards | ) www.reuters.com time to read: +2 min

LONDON, March 23 (Reuters) - China is expected to account for around 40% of the increase in global oil demand this year as its economy emerges from strict lockdowns, but the increased use will not take prices back to 2022 levels, consultancy Wood Mackenzie said on Thursday. This would equate to 1 million barrels per day (bpd) of a 2.6 mln bpd increase in global oil demand this year. A high-growth scenario, under which China's GDP rises by 7%, would add a further 400,000 bpd of Chinese demand, the report said. Global refining margins are set to decline to around $6/bbl in the fourth quarter compared with $11/bbl a year earlier, WoodMac said, as additions to global refining capacity outpace demand growth for transport fuels. The consultancy expects diesel profit margins to crude to average $30/bbl in the fourth quarter, while gasoline is expected to average around $5-6/bbl, Williams said.

☆ NBA roundup: Nets stun Celts with NBA's biggest comeback of season
▼ + stars: | 2023-03-04 | by ( ) www.reuters.com time to read: +7 min

Cam Johnson added 20 points for the Nets, who also received 17 points apiece from Spencer Dinwiddie and Dorian Finney-Smith. Jayson Tatum, who turned 25 on Friday, finished with 22 points and 13 rebounds, but he missed all eight of his 3-point attempts. Terry Rozier posted 22 points, Gordon Hayward 17 and Mark Williams 13 points for Charlotte, which was hurt by 21 turnovers. Kings 128, Clippers 127De'Aaron Fox recorded 33 points, seven rebounds and seven assists and Sacramento won its fifth straight game by prevailing over visiting Los Angeles. Jonathan Kuminga, coming off the Golden State bench, chipped in with 19 points, seven rebounds and four steals.

☆ NBA roundup: Hornets win again, lose LaMelo Ball
▼ + stars: | 2023-02-28 | by ( ) www.reuters.com time to read: +3 min

Gordon Hayward added 19 points and Kelly Oubre Jr. joined ball with 18 points for Charlotte. Mark Williams provided 15 points and 11 rebounds. Heat 101, 76ers 99Jimmy Butler had 23 points, 11 rebounds, nine assists and four steals to help Miami edge host Philadelphia. Jayson Tatum, who entered Monday averaging 30.4 points per game, was limited to 14 points before he was ejected late in the fourth quarter. Moritz Wagner and Markelle Fultz added 14 points each and Wendell Carter Jr. had 11 points and 11 rebounds for Orlando, which began a three-game road trip by finishing a season series sweep against New Orleans.

☆ NBA roundup: Jayson Tatum sends Celtics past 76ers
▼ + stars: | 2023-02-26 | by ( ) www.reuters.com time to read: +6 min

Jaylen Brown led the Celtics with 26 points, Tatum added 18 points, 13 rebounds and six assists and Derrick White had 18 points. Gary Trent Jr. added 19 points for the Raptors, who have won four in a row for the first time this season. Tyrese Haliburton added 15 points and 14 assists, and Andrew Nembhard scored 13 points. LaMelo Ball had 19 points and 13 assists, Kelly Oubre Jr. and Dennis Smith Jr. both supplied 15 points and Terry Rozier finished with 14 points. Bam Adebayo had 14 points and Kevin Love posted 13 points and 13 rebounds for the Heat, who shot 40 percent from the field.

☆ China's new home prices rise in Jan for first time in a year
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +2 min

More major cities among the 70 surveyed by NBS reported increases in new home prices last month, with prices rising in 36 cities, up from 15 in December. Analysts see rising home prices as a positive sign, but believe more stimulative policies are needed to lift currently dismal demand and spark a longer-term recovery. The property sector, once an engine of the world's second-largest economy, has been hobbled by fragile demand and developers' mounting debt defaults. Prices were down 1.5% year-on-year in January, with the rate of decline unchanged from December. "The roots of the crisis in China's property sector lie in the worsening long-term outlook for demand," said Mark Williams, chief Asia economist at Capital Economics.

☆ NBA roundup: Bucks best Clippers for 10th straight win
▼ + stars: | 2023-02-11 | by ( ) www.reuters.com time to read: +9 min

Brandon Boston Jr. scored 20 points and Paul George added 19 points and 11 rebounds for the Clippers. Norman Powell had 16 points and Marcus Morris Sr. scored 15 for Los Angeles, which has lost two games in a row. Domantas Sabonis put up 18 points, 11 rebounds and a team-high seven assists for the Kings. Detroit's Jaden Ivey supplied 17 points, eight rebounds and eight assists, while Isaiah Stewart had 15 points and 11 rebounds. Desmond Bane added 20 points, seven rebounds and five assists, while Jaren Jackson Jr. tallied 15 points and six rebounds.

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