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☆ Hiring pace is likely to slow down, says JPMorgan Asset Management's Priya Misra
▼ + stars: | 2024-04-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHiring pace is likely to slow down, says JPMorgan Asset Management's Priya MisraPriya Misra, JPMorgan Asset Management fixed income portfolio manager, joins 'Squawk Box' to discuss the latest market trends, when is the good time to cut interest rates, and more.

Persons: Priya Misra Priya Misra Organizations: JPMorgan, Management

☆ 'Mr Bates vs the Post Office' — the TV drama that shook Britain — comes to PBS
▼ + stars: | 2024-04-07 | by ( Chris Johnston | ) www.businessinsider.com time to read: +9 min

"Mr Bates vs the Post Office" had a remarkable impact after airing in Britain and now comes to PBS. Jo Hamilton, who ran the Village Shop and Post Office in South Warnborough, Hampshire, was wrongly convicted of theft in the Post Office Horizon scandal. ITVThe program focused on Alan Bates, who along with his partner invested in a post office store in Wales in 1998. Why did the Post Office — which has been owned by the government since 2012 – continue to prosecute people when there were doubts about the software? Advertisement"Mr Bates vs the Post Office" is being broadcast on PBS weekly from Sunday April 7.

Persons: Mr Bates, —, Rishi Sunak, Seema Misra, Peter Huxham, Martin Griffiths, Julian Wilson, Jo Hamilton, Adrian Dennis, Toby Jones, who's, Harry Potter, Alan Bates, Bates, wasn't, John Beer of, –, Kevin Hollinrake, Gwyneth Hughes, Innocent, Paula Vennells, Vennells, it's, James Strong, we'd, Polly Hill Organizations: PBS, Service, ITV, of, Post, Japan's Fujitsu, Office, Getty, Journalists, Computer, BBC, Post Office, Guardian, Fujitsu, Financial Times, subpostmasters, Channel Locations: Britain, Ellesmere Port, Liverpool, South Warnborough, Hampshire, AFP, Wales, John Beer of Farnham, Surrey

☆ Why China, Japan and the Fed are shaking up the $26 trillion U.S. Treasury market
▼ + stars: | 2024-02-29 | by ( Jeff Huang | In Jefftchuang | ) www.cnbc.com time to read: +1 min

But there is a bigger, less-flashy counterpart to the equity market: the bond market. At the heart of the fixed income space lies U.S. Treasurys, one of the safest investments in the world. "We have not paid attention to the Treasury market because it was a market for foreigners or for the Fed," said Priya Misra, fixed income portfolio manager at J.P. Morgan Asset Management. "What we're observing is that [the new buyers] are a lot more price sensitive," said Anders Persson, global fixed income chief investment officer at Nuveen. Watch the video above to find out more about why major buyers are fleeing the U.S. Treasury market, the impact on yields and the economy at large, and how investors can best navigate the market going forward.

Persons: Priya Misra, Anders Persson, They're Organizations: Treasury, Morgan Asset Management, U.S, Federal Reserve, U.S . Treasury Locations: U.S, China, Japan

☆ US Says Its Forces Strike Unmanned Surface Vessel, Anti-Ship Cruise Missile Near Yemen
▼ + stars: | 2024-02-17 | by ( Feb. | At A.M. | ) www.usnews.com time to read: 1 min

(Reuters) - U.S. forces conducted two strikes against a mobile anti-ship cruise missile and a mobile unmanned surface vessel (USV) launched from Houthi-controlled areas of Yemen, the U.S. Central Command (CENTCOM) said on Saturday. Four anti-ship ballistic missiles were launched from Houthi-held areas over the Red Sea towards commercial ship MT Pollux between Friday at 1:15 p.m. local time and 1 a.m. on Saturday, CENTCOM said in a post on X. It added that there were no reported injuries or damage to the MT Pollux or any other vessel in the areas. War in Israel and Gaza View All 209 Images(Reporting by Surbhi Misra in Bengaluru; editing by Mark Heinrich)

Persons: CENTCOM, Surbhi Misra, Mark Heinrich Organizations: Reuters, U.S . Central Command, Houthi Locations: Yemen, Red, Israel, Gaza, Bengaluru

☆ The way AI will be sold to a skeptical public is starting to become clear
▼ + stars: | 2024-02-13 | by ( Michelle Castillo | ) www.cnbc.com time to read: +5 min

Many AI companies struggle with customers understanding how the product won't take away their ability to think for themselves. A few took the opportunity of the Super Bowl to change the narrative. There many winners and losers among the messages attempted by brands in the big Super Bowl advertising bets. In Microsoft's Super Bowl ad, a group of people overcome challenges ranging from opening their own business to getting a college degree. There's no bigger stage to get your humanizing message across than the Super Bowl, Microsoft's Kumar said.

Persons: GPT, Deacon Webster, Webster, It's, it's, Divya Kumar, Etsy, Crowdstrike, cyberattacks, Gaurav Misra, Misra, Microsoft's Kumar, David Jones, Jones Organizations: Research, Sunday, Microsoft, Google, New York Times, Super, Brandtech, America Locations: France

☆ Nigeria's Access Bank Group CEO Among Six Dead in California Helicopter Crash
▼ + stars: | 2024-02-10 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

(Reuters) - Six people, including the group chief executive of one of Nigeria's largest lenders, were killed in a helicopter crash in Southern California on Friday, authorities said. Six people were on board the helicopter when it crashed around 10 p.m. near Nipton, California, the U.S. Federal Aviation Administration said in a statement. Access Bank Group CEO Herbert Wigwe's death was confirmed by Ngozi Okonjo-Iweala, director general of the World Trade Organization, in a post on X, along with that of Nigerian Exchange Group's former Chairman Abimbola Ogunbanjo. "Terribly saddened by the news of the terrible loss of Herbert Wigwe, Group CEO Access Bank, his wife and son as well as Bimbo Ogunbanjo in a helicopter crash," Okonjo-Iweala said on X. The helicopter was headed to Las Vegas when it crashed near a border city between Nevada and California, according to multiple reports.

Persons: Herbert Wigwe's, Ngozi Okonjo, Abimbola Ogunbanjo, Herbert Wigwe, Bimbo Ogunbanjo, Iweala, Surbhi Misra, Jyoti Narayan, Andrea Ricci Organizations: Reuters, U.S . Federal Aviation Administration, Access Bank, World Trade Organization, Exchange, San Bernardino County Sheriff’s Department, FAA, Eurocopter EC, National Transportation Safety Board Locations: Southern California, Nipton , California, San Bernardino County, Halloran, Las Vegas, Nevada, California, Bengaluru

☆ Five Dead After Soldier Opens Fire at Military Base in Mogadishu
▼ + stars: | 2024-02-10 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

(Reuters) -Five people, including Somali military officials and a United Arab Emirates (UAE) soldier, were killed on Saturday after a soldier opened fire at a military base in the capital Mogadishu, an army officer and hospital staff told Reuters. The gun man, a newly-trained Somali soldier, was also shot dead in the Gordon military base managed by the UAE, the officer, who gave his name only as Ahmed, said. "The soldier opened fire on the UAE trainers and Somali military officials when they started praying. Al Shabaab, linked to al Qaeda, claimed responsibility for the attack via a statement on its Radio al Andalus and said its fighters had killed 17 soldiers. Al Shabaab has waged an insurgency against the Somali government since 2006 to try to establish its own rule.

Persons: Gordon, Ahmed, Al Shabaab, Hassan Sheikh Mohamud, Abdi Sheikh, Elias Biryabarema, Surbhi Misra, Barbara Lewis Organizations: Reuters, United, United Arab Emirates, UAE, Erdogan, Surbhi Locations: United Arab, UAE, Mogadishu, Somali, Israel, Gaza, al Shabaab, Somalia, Al, al Qaeda, Andalus, Nairobi, Bengaluru

☆ The hedging property of Treasury bonds is here, says JPMorgan Asset Management’s Priya Misra
▼ + stars: | 2024-01-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe hedging property of Treasury bonds is here, says JPMorgan Asset Management’s Priya MisraPriya Misra, JPMorgan Asset Management fixed income portfolio manager, joins 'Squawk Box' to discuss the latest market trends, why she believes there's still a 25-30% chance or a hard landing, the Fed's rate path outlook, and more.

Persons: Priya Misra Priya Misra, there's Organizations: JPMorgan, Management

☆ Factbox-What Are the Contentious Events Behind India's New Ram Temple?
▼ + stars: | 2024-01-20 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +3 min

(Reuters) - Indian Prime Minister Narendra Modi will lead a ceremony on Monday to consecrate a grand new temple to the Hindu god-king Ram, delivering on a campaign promise his political party made more than three decades ago. Legal battles ended in 2019 with the Supreme Court deciding to allow a Hindu temple to be built there, on condition that Muslims received another plot to build a mosque. In Dec. 1949, authorities seized the mosque after Hindu activists placed idols of Ram inside the disputed structure. Hindu and Muslim groups tried unsuccessfully to resolve the dispute through talks, before Modi's Hindu nationalist Bharatiya Janata Party (BJP) launched a nationwide campaign in 1990 to build the temple. He rode to the office of prime minister in 2014 on a Hindu nationalist platform that included the promise to build the temple.

Persons: Narendra Modi, Ram, Modi, Modi's, Nripendra Misra, Lord Vishnu, Babur, India's, Lal Krishna Advani, Krishn Kaushik, Krishna Das, YP Rajesh, Clarence Fernandez Organizations: Reuters, Indian, Bharatiya Janata Party, BJP, YP Locations: India, Ayodhya, Uttar Pradesh, New Delhi, Gujarat

☆ Suicides, jail, and wrongful convictions — but it took the TV drama 'Mr Bates vs the Post Office' to bring them justice
▼ + stars: | 2024-01-13 | by ( Chris Johnston | ) www.businessinsider.com time to read: +8 min

Martin Griffiths, 59, jumped in front of a bus in 2013 after being falsely accused of theft at his post office branch in Ellesmere Port, near Liverpool. Jo Hamilton, who ran the Village Shop and Post Office in South Warnborough, Hampshire, was wrongly convicted of theft in the Post Office Horizon scandal. ITVThe program focused on Alan Bates, who along with his partner invested in a post office store in Wales in 1998. Why did the Post Office — which has been owned by the government since 2012 – continue to prosecute people when there were doubts about the software? "Mr Bates vs the Post Office" is available in the UK on ITVX.

Persons: It's, Mr Bates, Rishi Sunak, Seema Misra, Peter Huxham, Martin Griffiths, Julian Wilson, Jo Hamilton, Adrian Dennis, Toby Jones, who's, Harry Potter, Alan Bates, Bates, wasn't, John Beer of, —, –, Kevin Hollinrake, Gwyneth Hughes, Innocent, Paula Vennells, Vennells, it's, James Strong, we'd, Polly Hill Organizations: Service, Business, ITV, Post, of, Japan's Fujitsu, Office, Getty, Journalists, Computer, BBC, Post Office, Guardian, Fujitsu, Financial Times, subpostmasters Locations: Britain, Ellesmere Port, Liverpool, South Warnborough, Hampshire, AFP, Wales, John Beer of Farnham, Surrey

☆ Insurer Aspen chooses New York over London for $4 bln IPO - FT
▼ + stars: | 2023-12-03 | by ( ) www.reuters.com time to read: +1 min

Dec 3 (Reuters) - Aspen Insurance (AHL_pc.N) is targeting its $4 billion initial public offering next year in New York instead of London partly due to management concerns about valuations and more stringent listing requirements in Britain, the Financial Times reported on Sunday. Bermuda-based Aspen, owned by private equity group Apollo, is being advised by Goldman Sachs, Citi and Jefferies on an IPO planned for the first half of next year, the report said, citing people familiar with the matter. Greater liquidity in the United States was also an important factor, it added. An Aspen spokesperson declined to comment on the report. Reporting by Shivani Tanna and Surbhi Misra in Bengaluru; Editing by Alison Williams and Will DunhamOur Standards: The Thomson Reuters Trust Principles.

Persons: Goldman Sachs, Shivani Tanna, Surbhi Misra, Alison Williams, Will Dunham Organizations: Aspen Insurance, Financial Times, Aspen, Citi, Jefferies, London, Thomson Locations: New York, London, Britain, Sunday, Bermuda, United States, Bengaluru

☆ Magnitude 6.4 earthquake in Philippine Islands region
▼ + stars: | 2023-12-03 | by ( ) www.reuters.com time to read: 1 min

Dec 3 (Reuters) - A magnitude 6.4 earthquake struck the Philippine Islands region on Sunday, the German Research Centre for Geosciences said. The quake was 10 km below the Earth's surface, GFZ said. Reporting by Surbhi Misra in Bengaluru Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.

Persons: GFZ, Surbhi Misra, David Goodman Organizations: German Research Centre, Geosciences, Thomson Locations: Philippine, Bengaluru

☆ Mining company sees 'plenty of potential' in Argentina to support EV battery metals demand
▼ + stars: | 2023-11-22 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMining company sees 'plenty of potential' in Argentina to support EV battery metals demandArvind Misra of Belararox discusses their business expansions in unexplored areas in Argentina to meet growing demand for metals used to produce electric vehicle batteries.

Persons: Arvind Misra, Belararox Organizations: Email Mining Locations: Argentina

☆ Canada's St. Lawrence Seaway workers' union agrees to tentative deal
▼ + stars: | 2023-10-29 | by ( ) www.reuters.com time to read: 1 min

Companies St Lawrence Seaway Management Corp. FollowOTTAWA, Oct 29(Reuters) - A seaway workers' union in eastern Canada agreed to a new tentative labor contract on Sunday, ending a days-long strike that had impeded the movement of grains and other commodities on a key North American trade route linked to the Atlantic Ocean. The Unifor union, representing 361 workers along the St. Lawrence Seaway, said the agreement covers Unifor members at Locals 4211, 4212 and 4323 in Ontario and Locals 4319 and 4320 in Quebec, who work in the supervisory and engineering group and the maintenance, operations, and clerical group. Reporting by Ismail Shakil in Ottawa and Surbhi Misra in Bengaluru; Editing by Rod Nickel and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

Persons: Ismail Shakil, Surbhi Misra, Rod Nickel, Kim Coghill Organizations: Lawrence Seaway Management Corp, seaway, Lawrence Seaway, Thomson Locations: OTTAWA, Canada, American, St, Lawrence, Ontario, Quebec, Ottawa, Bengaluru

☆ There's a signal flashing in the bond market that says a recession is coming soon
▼ + stars: | 2023-10-04 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

There's a worrying signal in the bond market that suggests a recession could soon arrive. Investors have typically pointed to the spread between the two-year and 10-year Treasury yields as an indicator of a coming recession. The two-year yield surpassing that of the 10-year bond has been a signal that's preceded every economic slump since 1955. Meanwhile, 10-year Treasury Inflation-Protected Security yields, which are adjusted for inflation, are currently hovering around 2.5%, Misra said. "The US Treasury yield curve is de-inverting very rapidly," Gundlach said in post on X, formerly known as Twitter, on Tuesday.

Persons: —, Priya Misra, That's, Misra, It's, Jeff Gundlach, Gundlach, Buckle Organizations: Service, JPMorgan, Management, CNBC, Treasury Locations: Treasurys

☆ The 'disinversion' of the curve makes a hard landing a lot more likely, says JPMorgan's Priya Misra
▼ + stars: | 2023-10-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe 'disinversion' of the curve makes a hard landing a lot more likely, says JPMorgan's Priya MisraPriya Misra, JPMorgan Asset Management fixed income portfolio manager, and Carol Schleif, BMO Family Office CIO, join 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, the impact of higher Treasury rates on the equity market, and more.

Persons: JPMorgan's Priya Misra Priya Misra, Carol Schleif Organizations: JPMorgan, Management, BMO Family

Over the past few years, she has administered some 10,000 coronavirus vaccines in her community in eastern Ethiopia. “But I keep going because I value the work.”Ms. Yusuf is one in a legion of more than three million community health workers globally and is one of a small minority that are actually paid anything at all. Eighty-six percent of community health workers in Africa are completely unpaid. But now, spurred by frustrations that arose during the Covid pandemic and connected by digital technologies that have reached even remote areas, community health workers are organizing to fight for fair compensation. The movement stretches across developing countries and echoes the labor actions undertaken by female garment workers in many of those nations 40 years ago.

Persons: Misra Yusuf, ”, ” Ms, Yusuf Organizations: Ethiopian Locations: Ethiopia, Africa

☆ We believe July was the Fed's last rate hike, says JPMorgan Asset Management's Priya Misra
▼ + stars: | 2023-09-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe believe July was the Fed's last rate hike, says JPMorgan Asset Management's Priya MisraPriya Misra, JPMorgan Asset Management fixed income portfolio manager, joins 'Squawk Box' to discuss the Fed's latest rate decision, why she thinks the central bank is done hiking rates, and more.

Persons: Priya Misra Priya Misra Organizations: JPMorgan, Management

New Delhi CNN —India’s Prime Minister Narendra Modi is close to fulfilling a decade-old election promise months out from nationwide polls with the announcement that a controversial new Hindu temple will open on disputed land in January. Hindu fundamentalists demolish the wall of the 16th century Babri Masjid mosque in the city of Ayodhya in 1992. But many Hindus believe the Babri Masjid was built on the ruins of a Hindu temple, which was allegedly destroyed by Babar, the first Mughal emperor of South Asia. Disputed landThe site of the temple, previously claimed by both Hindus and Muslims, has long been the center of controversy. Hindu fundamentalists climb the dome of Babri Masjid in Ayodhya to demolish the structure on December 6, 1992.

Persons: New Delhi CNN —, Narendra Modi, Nripendra Misra, Douglas E, Curran, Lord Ram, Babar, Misra, ”, Sondeep Shankar, Modi, “, ” Modi, Madir, Larsen, Toubro, Shri Ram Janmabhoomi, Yogi Adityanath Organizations: New, New Delhi CNN, New Delhi CNN — India’s, Getty, BJP, India’s, CNN, Pradesh’s BJP Locations: New Delhi, Ayodhya, Uttar Pradesh, South Asia, Babri, India, Pradesh’s

☆ Ram temple built on site of razed Babri mosque in India to open in January
▼ + stars: | 2023-09-14 | by ( Yp Rajesh | ) www.reuters.com time to read: +3 min

A man touches the place where the idol of Lord Ram will be placed inside the under-construction Hindu Ram Temple in Ayodhya in India, July 9, 2023. The site in the northern town of Ayodhya, where the temple construction is nearing completion, was bitterly contested for decades with both Hindus and Muslims laying claim to it. India's majority Hindus say the site was the birthplace of Lord Ram, and was holy to them long before Muslim Mughals razed a temple at the spot and built the Babri mosque there in 1528. A Hindu mob destroyed the mosque in 1992, triggering riots that killed about 2,000 people across India, most of them Muslims. Building a Ram temple at the site has been a central, campaign theme of Prime Minister Narendra Modi's Hindu nationalist Bharatiya Janata Party (BJP) for more than three decades.

Persons: Lord Ram, Adnan Abidi, Modi, Narendra Modi's, ”, Nripendra Misra, Misra, Larsen, Toubro, Sakshi Dayal, Sharon Singleton Organizations: REUTERS, Modi’s BJP, Hindu, Bharatiya Janata Party, BJP, Supreme Court, Thomson Locations: Ayodhya, India, DELHI

☆ SoftBank posts surprise loss even as Vision Fund back in black after five quarters
▼ + stars: | 2023-08-08 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

SoftBank reported a surprise loss in the first quarter covering April-June, despite an investment gain from its massive tech-focused Vision Fund. Here's how the company did:The SoftBank group reported a net loss attributable to owners of the parent of 477.6 billion yen ($3.3 billion). The tech conglomerate, which engages in venture capital investing through its Vision Fund, has had its fair share of ups and downs. The brainchild of founder Masayoshi Son, SoftBank's Vision Fund comprises Vision Fund 1 and Vision Fund 2 and invests in high growth stocks. Misra was instrumental in the early days of the Vision Fund, which was launched in 2017.

Persons: SoftBank, GoTo, Masayoshi Son, Son, Yoshimitsu Goto, Rajeev Misra, Misra, — CNBC's Arjun Kharpal, Sheila Chang Organizations: Vision Fund, Vision, Silicon, Nvidia Locations: Alibaba, Indonesian, U.S

☆ Rajeev Misra Has Two Jobs. He Backs WeWork at Both.
▼ + stars: | 2023-05-17 | by ( Eliot Brown | ) www.wsj.com time to read: 1 min

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☆ SoftBank posts record $32 billion loss at its Vision Fund tech investment arm
▼ + stars: | 2023-05-11 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

The Japanese giant's Vision Fund segment posted a 4.3 trillion Japanese yen ($32 billion) loss for its fiscal year ending Mar. 31 versus a 2.55 trillion yen loss in the same period a year before. SoftBank posted an overall loss on investments at its Vision Funds of 5.28 trillion Japanese yen versus 3.43 trillion yen a year before. The brainchild of founder Masayoshi Son, SoftBank's Vision Fund comprises Vision Fund 1 and Vision Fund 2 and invests in high growth stocks, which have faced headwinds from rising interest rates globally causing investors to sell out of riskier equities such as tech. Misra was instrumental in the early days of the Vision Fund, which was launched in 2017.

☆ Stocks rise as U.S. inflation trends lower, bond yields slide
▼ + stars: | 2023-05-10 | by ( Herbert Lash | ) www.reuters.com time to read: +5 min

The odds of the Fed cutting rates later this year also increased. Consumer prices decelerated to 4.9% year-on-year, the 10th straight month of slowdown as prices react to the Fed's rate-tightening cycle. The two-year Treasury yield, which typically moves in step with rate expectations, slid from 4.05% before the CPI news and dropped to 3.908%. The dollar index eased 0.20% and equity markets rose as the CPI data suggested the Fed's most aggressive rate hikes in four decades were yielding results. U.S. crude futures fell 1.6% to settle at $72.56 a barrel, and Brent settled down 1.3% at $76.41 a barrel.

The likelihood the Fed cuts rates later this year also increased. "The Fed does not aim get rate policy right just in time, they aim to get it right over time." Consumer prices decelerated to 4.9% year-on-year, the 10th straight month of slowdown as prices react to the Fed's rate-tightening cycle. The two-year Treasury yield, which typically moves in step with rate expectations, slid from 4.05% before the CPI news and dropped to 3.904%. Gold prices slipped as the CPI data was viewed as mixed and triggered profit-taking by some investors.

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