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☆ How 9 Gangs and Mafias Actually Work, From the Crips to Hells Angels
▼ + stars: | 2024-04-23 | by ( David Ibekwe | Ju Shardlow | ) www.businessinsider.com time to read: +3 min

Pellerano discusses gang life in New Orleans, where the gang spread from its home base in Chicago. He speaks with BI about tattooing, rules and codes, media perception, and the political language used to depict the gang. Mike Moy says he was a gang member in New York City's Chinatown, having been recruited in the 1970s. He later founded the YouTube channel Chinatown Gang Stories, where he speaks with former gang members about their lives. He speaks with BI about the ways the yakuza makes money, such as extortion and protection rackets.

Persons: Tyrone White, White, Andy, Pellerano, Alex Sanchez, Omar Sharif, John Pennisi, Gambino, John Gotti Jr, Lucchese, Pennisi, Jay Dobyns, general's, Jimmy Tsui, Mike Moy, Moy, Yuyama Shinya, Andy Pellerano www.oneaccordministries.net, Alex Sanchez www.homiesunidos.org Omar Sharif www.omarinspires.com John Pennisi, Jay Dobyns www.jaydobyns.com Organizations: Menlo, South Central, Bloods, Business, Hells Angels, ATF's National Academy, Dobyns, United, Valor, ATF, National Association of Police, New York City Police Department, YouTube Locations: South, South Central Los Angeles, New Orleans, Chicago, Los Angeles, London, United States, Tung, New York, Chinatown, Hong Kong, Japan

☆ Opinion: Right now, I’d rather raise my child in Taiwan than America
▼ + stars: | 2024-04-22 | by ( Opinion Clarissa Wei | ) edition.cnn.com time to read: +10 min

My dad still remembers the anxiety that engulfed the island when the United States cut off diplomatic recognition of Taiwan in favor of the People’s Republic of China in 1979. My parents considered America a safe haven and wanted me to grow up with all its comforts. Of course, comparing the United States and Taiwan this way without acknowledging the nuanced socio-political contexts can be misleading. Clarissa WeiThe biggest shift, then, has been how the people of Taiwan perceive the United States. The United States, on the flip side, is the 131st.

Persons: Clarissa Wei Editor’s, Clarissa Wei, “, ”, Annabelle Chih, there’s, Tyrone Siu, Donald Trump, Joe Biden, “ Wei, Ting Yen, I’m, nodded, Billy H.C, Kwok, It’s, Republican —, Xi Jinping, “ Trump Organizations: Taipei CNN, CNN, America, Metro, Trump, Taiwan, Franklin & Marshall College, 131st, San Francisco Bay Area, China’s Communist Party, Republican Locations: Taiwanese American, Taipei, Taiwan, China, United States, People’s Republic of China, America, Los Angeles, Taiwanese, Kaohsiung, San Francisco Bay

Hualien, Taiwan CNN —Wu was preparing breakfast for guests at the small hotel he runs in Taiwan’s Hualien County when the shelves around him shook violently and the mountain behind his house roared. “It’s not too bad.”Video Ad Feedback Rescue efforts underway in Taiwan after deadly earthquake 02:54 - Source: CNNA checkpoint is set up outside Taroko Gorge just north of Hualien city in Taiwan. Yan Zhao/AFP/Getty ImagesWorkers demolish a damaged building following the earthquake in Hualien County, Taiwan on April 4, 2024. Annabelle Chih/Getty ImagesTaiwan’s recent push for preparedness comes from the hard lessons learned from the devastating quake 25 years ago, experts say. That quake left more than 100,000 buildings across Taiwan completely or partially collapsed, including nearly 300 schools.

Persons: Taiwan CNN — Wu, Wu, “, ”, It’s, Annabelle Chih, Chong, “ I’ve, Hualien . Yan Zhao, Tyrone Siu, Daniel Aldrich, Sam Yeh, Aldrich, ” Aldrich, “ They’ve, –, Wei Chia, Wei Organizations: Taiwan CNN, CNN, ”, Getty, Workers, Reuters, Northeastern University Locations: Hualien, Taiwan, Taiwan’s Hualien County, Taroko, Hiroshima, Hong Kong, Shanghai, “, Hualien . Yan, AFP, Hualien County, Haiti, India, China, Taipei

☆ Hualien earthquake: Dozens rescued after major Taiwan quake but more than 100 still cut off
▼ + stars: | 2024-04-03 | by ( Helen Regan | Nectar Gan | ) edition.cnn.com time to read: +6 min

“But people are safe, so that’s fortunate.”Workers demolish a damaged building following the earthquake, in Hualien, Taiwan April 4, 2024. A rescue worker stands near the cordoned off site in the aftermath of an earthquake in Hualien, eastern Taiwan on Wednesday, April 3, 2024. Wednesday’s quake is the strongest to hit Taiwan since 1999, according to the Central Weather Administration. That year, a 7.7 magnitude quake hit south of Taipei, killing 2,400 people and injuring 10,000 others. A magnitude 6.2 quake hit near the area in 2018, killing at least 17 people and injuring more than 300 others.

Persons: Hong Changyi, ”, Tyrone Siu, rockfall, Johnson Lai, “ They’ve, Taiwan —, Sam Yeh, Yu, Lin Chih, cheng Organizations: CNN — Rescue, Hong, CNN, Workers, National Fire Agency, SET, Central News Agency, Video, CNA, Reuters, Getty, Hualien Fire Bureau, Central Weather Administration, Taiwan’s Professional Civil Engineers Association Locations: Taiwan, Hualien County, Hualien, Taroko, AFP, ”, Zhonghe, Taipei, Hualien City, Lin, China

☆ Insiders break down Amazon's sports strategy and the low-key but powerful exec behind it, as the tech giant eyes NBA rights
▼ + stars: | 2024-03-29 | by ( Lucia Moses | ) www.businessinsider.com time to read: +7 min

One of them is Jay Marine, who oversees Amazon's sports business as VP of Prime Video and global head of sports. Chris Graythen/Getty ImagesMarine's next move could be for the NBA, which Amazon craves for its young, global fan base. Advertisement"For us, everything starts with Prime," Marine told CNBC in a rare interview last fall. AdvertisementApart from its big bet on "TNF," Amazon's sports moves have been largely incremental. The deal lets Diamond continue airing local NBA broadcasts, which makes it more likely Amazon will bid for national NBA rights, analyst Ben Thompson of Stratechery wrote.

Persons: —, Jeff Bezos, Jay Marine, Bezos, Andy Jassy, Chris Webber, Tyrone Wheatley, scrappy, Chris Graythen, Ben Thompson, Stratechery, Marine, Patrick Crakes, it's, Marie Donoghue, Mike Hopkins, Amazon's, John Kosner, Donoghue, Kantar, signups, He's Organizations: Service, Marine, Business, US, Premier League soccer, Industry, The, Sports, WBD, NASCAR, NBC, NBA, Amazon, Disney, Warner Bros, Discovery, Apple, Netflix, CNBC, Amazon MGM Studios, Premier Boxing Champions, Diamond Sports, Diamond, Premier League, WNBA, National Women's Soccer League . Media, ESPN, DraftKings, Warner Bros . Locations: London, The New Jersey, Amazon

☆ Feds raid Sean Combs properties in LA, Miami on search warrants out of New York: NBC News
▼ + stars: | 2024-03-25 | by ( Dan Mangan | ) www.cnbc.com time to read: +4 min

Federal agents on Monday raided homes owned by hip-hop mogul Sean Combs in Los Angeles and Miami, NBC News reported, citing sources. The Department of Homeland Security agents were authorized to search the properties by warrants issued in Manhattan federal court, months after a series of lawsuit accused Combs of serious sexual misconduct, law enforcement sources said. Benjamin Brafman, a New York attorney who has represented Combs, did not immediately respond to CNBC's request for comment. "We will always support law enforcement when it seeks to prosecute those that have violated the law," Wigdor said in a statement. Combs was sued in Manhattan federal court by Ventura, who is known as Cassie.

Persons: Sean Combs, Combs, Diddy, Jane, HSI, Benjamin Brafman, Douglas Wigdor, Casandra Ventura, Jane Doe, Wigdor, Rodney, Li Rod, Jones, Tyrone Blackburn, Ventura, Cassie, Cassie's, Liza Gardner, Joie Dickerson, Neal, Blackburn, Gardner, Dickerson Organizations: NBC News, Department of Homeland Security, NBC, Homeland Security Investigations, Security, Combs, Bad Boy Records Locations: Los Angeles, Miami, Manhattan, New York, HSI Los, HSI Miami

☆ Dua Lipa's new album is called 'Radical Optimism.' Here's everything you need to know.
▼ + stars: | 2024-03-14 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +6 min

Lipa announced on Wednesday that her third album, "Radical Optimism," will arrive on May 3. During an interview with Rolling Stone, Lipa referred to these four collaborators as her "band." Jesso Jr. called his experience working on Lipa's album "the pinnacle of my writing career." "This record feels a bit more raw," she told Rolling Stone. Advertisement"Dua really enjoyed that," Harle told Rolling Stone.

Persons: —, Lipa, Tyrone Lebon, TYRONE LEBON, Houdini, Kevin Parker, Danny L Harle, she'd, Lipa's, Caroline Ailin, Parker, Harle, Tobias Jesso Jr, Rolling, Lady Gaga, Travis Scott, Caroline Polachek, Charli XCX, Jesso, who's, Adele, Niall Horan, Florence Welch, Brittany Spanos, Liam Gallagher, Dua, she's, Damon Albarn, Noel Gallagher, who've, Taylor Swift, Harry Styles, hasn't, Spanos, Anwar Hadid, Romain Gavras, Callum Turner, Ailin Organizations: Service, Business, TYRONE, Rolling Stone, Impala, Brit, Gorillaz, Oasis, Stone Locations: DUA LIPA, @DUALIPA, Lipa, British

☆ How Crips Gang Actually Works Inside Prison and on the Streets
▼ + stars: | 2024-03-14 | by ( Nazar Risafi | Kyle Desiderio | ) www.businessinsider.com time to read: 1 min

Tyrone White was a member of the 65 Menlo Gangster faction of the Crips gang in South Central Los Angeles during the late '80s and '90s, witnessing police brutality and the LA riots. White held the position of a street soldier and participated in drug dealing, gangbanging, and neighborhood drive-bys. White speaks with Business Insider about his experience as a gang member, the culture of the Crips, and the rivalry with the Bloods. He also covers the role of celebrity Crips, such as Snoop Dogg and Big U, in gang prevention within California. After he was released from jail, he pursued a career in acting and worked with the Eagle Ridge Institute.

Persons: Tyrone White, White, Snoop Dogg Organizations: Menlo, South Central, Bloods, Eagle Ridge Institute Locations: South, South Central Los Angeles, Oklahoma, California

☆ A timeline of the mounting sexual-misconduct allegations against Sean 'Diddy' Combs
▼ + stars: | 2024-02-27 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +2 min

A music producer accused Sean 'Diddy' Combs of sexual assault, according to The New York Times. AdvertisementA music producer is the latest to accuse Sean 'Diddy' Combs of sexual assault on the back of several sexual misconduct lawsuits last year. Jones accused Combs of repeated unsolicited groping and forcing Jones to perform sexual acts on prostitutes. Combs' lawsuit troubles began in November 2023 when his ex-girlfriend Casandra "Cassie" Ventura accused Combs of raping and abusing her during their decadelong relationship. AdvertisementHere's a brief timeline of the sexual assault allegations Combs has faced in the last few months.

Persons: Sean, Diddy, Combs, —, Rodney Jones Jr, Lil Rod, Jones, Shawn Holley, Holley, Tyrone Blackburn, Blackburn, Casandra, Cassie, Ventura, Here's Organizations: The New York Times, Service, Combs Locations: Manhattan

☆ Sean ‘Diddy’ Combs sued by male producer who alleges sexual assault
▼ + stars: | 2024-02-27 | by ( Lisa Respers France | ) edition.cnn.com time to read: +7 min

Khorram allegedly ordered prostitutes and illicit drugs for Combs and his guests and according to the lawsuit, Jones believed Khorram “aided and abetted” Combs’ sexual assault. “Our attempts to share this proof with Mr. Jones’ attorney, Tyrone Blackburn, have been ignored, as Mr. Blackburn refuses to return our calls. “This was done to ease Mr. Jones’ anxiety concerning homosexuality,” the suit alleges. In a statement to CNN, he called Jones’ allegations “false.”“My lawyer will be handling this going forward,” Stevie J added. Combs was present while Mr. Jones was being assaulted by Cuba Gooding Jr.,” the suit alleges.

Persons: CNN —, Sean “ Diddy ” Combs, ” Rodney “, Rod ” Jones, videographer, Combs, Jones, Combs ’, Kristina Khorram, Sir Lucian Grainge, Justin, Justin Combs, Khorram, Khorram “, abetted ” Combs, “, DeLeon Tequila, Grainge, Habtemarian “, ” Jones, Shawn Holley, Sean Combs, ”, ” Holley, Tyrone Blackburn, Blackburn, “ Justin Combs, Sean, Diddy, Chris Pizzello, Steven ‘ Stevie J ’ Jordan, Stevie J, ’, Oscar, Cuba Gooding, Jr, Mr, “ Mr, ” Gooding, Casandra Ventura, ” Ben Brafman, Ventura, ” Weeks, ” Combs, Rodney Jones, Lucian Grainge, Grainge “ Organizations: CNN, Universal Music Group, Motown, Ethiopia, Khorram, Billboard, Islands, Motown Records, Cuba Locations: New York, Los Angeles

☆ Kayne West's sampling of icons like Donna Summer and Ozzy Osbourne is a 'clear-cut' case of copyright infringement, legal experts say
▼ + stars: | 2024-02-18 | by ( Hannah Getahun | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +8 min

Though Ozzy Osbourne left Black Sabbath in 1979, his wife, Sharon Osbourne, told Billboard any songs the band wrote — Osbourne, Tony Iommi, Geezer Butler, and Bill Ward — require the approval of all four members to license. Regardless of the social media feud, legal experts say if true, the unauthorized use of the samples would be a “clear-cut” case of copyright infringement. He didn't dispute it,” entertainment attorney Donald M. Woodard of Carter and Woodard told Business Insider. AdvertisementOsbourne's recent objection to West's sample would be considered a new copyright claim, as the license for use does not permit West to sample the song in perpetuity. In 2022, Chicago artist Marshall Jefferson accused the rapper of using his song “Move Your Body” in the West song “Flowers” without permission.

Persons: —, Ty Dolla, West —, Ye —, Ozzy Osbourne, Donna Summer, West …, Donna Summer's, …, Osbourne, West swiped, Ye, Kanye, Hitler West, he'd, Instagram, Alex Jones, Hitler, Sharon Osbourne, — Osbourne, Tony Iommi, Geezer Butler, Bill Ward —, Rolling Stone, FUGA, Tyrone William Griffin Jr, — hasn't, Sharon, Bianca Censori —, Ozzy, who's, I've, Donald M, Woodard of Carter, Woodard, West, ” Woodard, “, Robert Freund, Freund, Marshall Jefferson, Griffin Organizations: Service, ign, Business, Billboard, West, iTunes, Apple Music, FUGA, Spotify, Amazon Music, Daily Mail, Kanye Locations: Chicago

☆ TaylorMade appears to be giving Tiger Woods the one thing Nike never did — and it's ended one of the most lucrative sports-endorsement deals in history
▼ + stars: | 2024-02-16 | by ( Cork Gaines | ) www.businessinsider.com time to read: +7 min

On Tuesday, Tiger Woods and golf equipment and apparel maker TaylorMade announced an expanded partnership with a new golf accessory line called "Sun Day Red." TaylorMade CEO David Abeles even suggested during the press conference that this is Woods' company and they are just there for support. Tiger Woods is seen in apparel featuring the Sun Day Red logo. Tiger Woods' new Sun Day Red logo. Business Insider reached out to TaylorMade, Nike, and representatives for Woods.

Persons: —, Tiger Woods, TaylorMade, Woods, Forbes, Josh Gerben, Gerben, Tiger, Tyrone Walker, David Rumsey, David Abeles, Abeles, Ben Jared, Jon Rahm, Michael Jordan, Serena Willams, LeBron James, Rory McIlroy, Jamie Squire, Keyur Khamar, Djansezian Organizations: Service, PGA, Nike, Business, Hunt & Hunt Lawyers, Sun, Ventures, TaylorMade Lifestyle Ventures, Taylor, Inc, Front, Callaway, Gatorade, Woods Locations: Los Angeles, TaylorMade, Australia, San Clemente , California, Carlsbad, Woods

☆ Gen X and boomers love Temu. I asked them why.
▼ + stars: | 2024-02-04 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

Recent research showed that boomers and Gen Xers shopped more frequently on Temu than younger people. I was surprised when I read a research study recently that said that Gen X and boomer Temu shoppers tended to spend slightly more per order and placed orders more often than younger shoppers. AdvertisementSo I asked readers who were boomers or Gen Xers to write in and tell me: Why do they love Temu so much? The Gen X and boomers denied this — most of them said they ignored the annoying roulette wheels. —LanieA variety of items bought by a Gen Xer on Temu Kristy MeeksA crafter who gets jewelry-making supplies:I shop on Temu mostly for jewelry, crafting and jewelry supplies.

Persons: Gen Xers, —, fanny, Elsa, X, Temu, Xers, Tyrone A, I'm, They're, it's, — Linda, Kristy Meeks, Lydia, I've, Randy, Bill Craft supples, Bill Eldridge The Organizations: Service, Amazon Locations: Temu, Toronto, China

☆ AI server maker Super Micro boosts sales guidance — another sign to stick with Nvidia
▼ + stars: | 2024-01-30 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +5 min

Super Micro makes computer servers for data centers, competing with the likes of Dell and Hewlett-Packard Enterprise . SMCI 1Y mountain Super Micro Computer 1 year Shares of Super Micro were on pace for a record close Tuesday, jumping 4%, to nearly $515 each — pushing year-to-date gains to roughly 80%. Still, the magnitude of Super Micro stock move Tuesday, compared to the size of the forecast revision, is a sign that investor expectations had already accounted for most of this good news. "I don't know whether [Super Micro] is Mercury or Venus, but I will tell you it ain't Pluto." Super Micro said it continued to see record demand for AI systems in its second quarter.

Persons: —, Jim Cramer, Thursday's, preannounced, Jim Cramer's, Jim, Tyrone Siu Organizations: chipmaker, Dell, Hewlett, Packard, Devices, Intel, Nvidia, AMD, Computer, Micro, Microsoft, Super Micro, Wall, Taiwan Semiconductor Manufacturing Company, CNBC, Nvidia Corporation Locations: San Jose , California, Taipei, Taiwan

☆ Jordan Says Southern Gaza Hospital Badly Damaged by Israeli Shelling Nearby
▼ + stars: | 2024-01-17 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +6 min

There was no immediate comment from the Israeli military. Palestinian health officials said seven people were killed by Israeli air strikes that damaged homes near the hospital. Explosions from shelling and air strikes sounded further west in Khan Younis as the Israeli tanks moved on, with lines of thick black smoke rising from bomb sites. Israel said it had killed six Palestinian fighters, including the southern district Hamas officer in charge of interrogating suspected spies. The Israeli military said its forces had eliminated a "terrorist cell" during a precise air strike on a car near the Balata camp in the city of Nablus.

Persons: Arafat Barbakh, Tyrone Siu, Nidal, Khan Younis, Nasser, Sean Casey, Israel, Bilal Nofal, Tahreer, Yoav Gallant, Gazans, there's, John Kirby, Abdullah Abu, Crescent, Nidal al, Dan Williams, Clauda, Philippa Fletcher, Sharon Singleton Organizations: Reuters, World Health, COMMUNICATIONS, Communications, Palestinian, U.S, House, WEST, West Bank, Israel Locations: GAZA, ISRAEL, DOHA, Israel, Gaza, Jordan, Jordanian, Khan, Rafah, Qatar, France, Egypt, Nablus, Tulkarm, Mughrabi, Doha, Jerusalem, Dubai

HONG KONG, Dec 5 (Reuters) - Hong Kong pro-democracy activist Agnes Chow, who fled to Canada while free on bail, says she won't return home amid a crackdown that curbed her freedoms, defying a warning from Hong Kong's leader that she would be pursued for life. "In consideration of the political situation in Hong Kong and my personal health, my mental health, my physical health, and the high political risk of not being allowed to leave Hong Kong again, I've decided not to go back." The security law has drawn criticism from Western governments as a tool of repression, but China says it has restored stability after mass pro-democracy protests in 2019. "The national security police are not doing their job according to the legal system in Hong Kong," she told Reuters. Hong Kong leader John Lee on Tuesday described Chow as a "liar" and "devoid of integrity".

Persons: Agnes Chow, Hong, Chow, I've, Tyrone Siu, John Lee, Lee, Nathan Law, Anna Kwok, wasn't, James Pomfret, Gerry Doyle Organizations: REUTERS, Reuters, Hong Kong, HK, Thomson Locations: HONG KONG, Hong Kong, Canada, Toronto, China, Shenzhen, Japan, Hong

☆ Giant guinea pig-sized rats that climb trees and chomp coconuts were photographed for the first time by researchers
▼ + stars: | 2023-12-04 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +5 min

The Vangunu giant rat is a species that exists only on one of the Solomon Islands. They were trying to capture evidence of the Vangunu giant rat, Uromys vika. It's been known to eat green coconuts , but researchers had never seen a live rat. Despite its large size, the giant rat was difficult to spot. The Vangunu giant rat is critically endangered, and logging has destroyed its habitat.

Persons: —, Tyrone Lavery, It's, Lavery, vika, it's, " Lavery, Vika Organizations: Service, University of Melbourne, Solomon Islands National University, Solomon, Australian Broadcasting Corporation Locations: Solomon Islands, Vangunu, Zaira, Solomon, New Guinea

☆ Global hedge funds further offloaded Chinese stocks in Nov
▼ + stars: | 2023-12-04 | by ( Summer Zhen | ) www.reuters.com time to read: +2 min

This was also the ninth month of net outflows this year, the bank said, dragging emerging Asia to become the region with the largest net outflows across the world. U.S.-listed Chinese stocks and mainland A-shares led the selloff in November, Goldman Sachs said, adding it was "partially offset by net buying in H-shares." Within emerging Asia markets, Taiwan also recorded net outflows last month, while South Korea saw the largest net inflows, Goldman Sachs said. Hedge funds rotated their positions to developed Asia markets, including Hong Kong, Singapore and Japan, which saw net purchases in the month. ($1 = 7.1381 Chinese yuan renminbi)Reporting by Summer Zhen; Editing by Varun H KOur Standards: The Thomson Reuters Trust Principles.

Persons: Tyrone Siu, Goldman Sachs, HSI, Joe Biden, Xi Jinping's, Outflows, Summer Zhen, Varun Organizations: REUTERS, CSI, Investors, Thomson Locations: Exchange, Hong Kong, China, HONG KONG, Asia, U.S, Taiwan, South Korea, Singapore, Japan

Agnes Chow, 27 - a core member of a now-disbanded group of younger activists including Joshua Wong who helped drive Hong Kong's pro-democracy movement - said in posts on her Instagram account late on Sunday that she had left Hong Kong for studies in Canada. Their group, Demosisto, dissolved hours after Beijing passed a sweeping national security law in 2020. Beijing says the law has brought stability to Hong Kong after mass pro-democracy protests in 2019. There was no immediate response from the Hong Kong police. Chow was due to report to Hong Kong's security police later this month but decided not to return out of consideration for her personal safety and wellbeing.

Persons: Agnes Chow, Tyrone Siu, Hong, Joshua Wong, Chow, Jimmy Lai, hadn't, Chow couldn't, David Holmes Organizations: REUTERS, Hong, Reuters, Hong Kong, Thomson Locations: Hong Kong, China, HONG KONG, Canada, Beijing, Toronto, Shenzhen, Hong

☆ Asia shares start Dec on cautious note, oil nurses losses
▼ + stars: | 2023-12-01 | by ( Stella Qiu | ) www.reuters.com time to read: +4 min

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 0.5% after a surge of 7.3% last month, the most since January. The Federal Reserve's preferred gauge of inflation - the personal consumption expenditures (PCE) price index - stood unchanged for October, while consumer spending also pulled back. Fed funds futures imply rate cuts of 115 basis points. The yield on 10-year Treasury notes slipped 3 basis points in Asia to 4.3264%, on top of a plunge of 52.2 basis points for the month. Two-year Treasury yields fell 4 basis points to 4.674%.

Persons: Tyrone Siu, sharemarkets, HSI, Rodrigo Catril, Jerome Powell's Q, Waller, Robert Carnell, Christopher Waller, Treasuries, Stella Qiu, Jamie Freed Organizations: REUTERS, Tyrone, Rights, Japan's Nikkei, National Australia Bank . Regional, Federal, Traders, ING, Fed, South Korean, Philippine, Brent, West Texas, Thomson Locations: Exchange, Hong Kong, China, Europe, U.S, Asia, Pacific, Japan, South

☆ Louis Vuitton stages dramatic runway show in Hong Kong
▼ + stars: | 2023-11-30 | by ( Stephy Chung | Oscar Holland | ) edition.cnn.com time to read: +8 min

Many of the looks were completed with naval accessories, like raffia bucket hats and Louis Vuitton Keepall 25 bag hand-embrodiered with seashells. Musician Ma Siwei and actor Dylan Wang at the Louis Vuitton Men's fashion show in Hong Kong, China. Louis Vuitton opened its first boutique in Hong Kong in 1979. Many of the looks were completed with naval accessories, like raffia bucket hats and Louis Vuitton Keepall 25 bag hand-embrodiered with seashells. “I definitely knew I wanted Hong Kong to be my second stop after Paris,” he said of his Louis Vuitton show schedule.

Persons: Hong Kong CNN — Louis Vuitton’s, Pharrell Williams, Pont, Hong, Anson Lo, Song, ”, Williams, ” —, —, Louis Vuitton, Ma Siwei, Dylan Wang, Billy H.C, Kwok, Virgil Abloh, Louise Delmotte, “, Louis Vuitton’s, junkboat, Dior, Louis Vuitton's, Lam Yik, Tyrone Siu, Reuters Louis Vuitton’s, Lorraine Schwartz, it’s, ” Williams, “ You’re Organizations: Hong Kong CNN, Hollywood, CNN, Louis, Paris, Vuitton, National Security Law, Hong Kong Tourism Board, ”, Bloomberg, Getty, K11 Group, Stars, Victoria, Reuters, Reuters Louis Vuitton’s womenswear Locations: Hong Kong, Asia, Hong, Victoria Harbour, American, Paris, Hawaii, China, Victoria Dockside, Huangpu, Shanghai, South Korea

FILE PHOTO: A screen showing the Hang Seng stock index is seen outside Exchange Square, in Hong Kong, China, August 18, 2023. REUTERS/Tyrone Siu/File Photo Acquire Licensing RightsDec 1 (Reuters) - A look at the day ahead in Asian markets. They include Australia, South Korea and India, as well as China's 'unofficial' PMI. Foreigners already appear to be voting with their feet - China just recorded its first-ever quarterly deficit in foreign direct investment. Here are key developments that could provide more direction to markets on Friday:- PMIs for Australia, South Korea, India, China- Japan unemployment (October)- Indonesia inflation (October)By Jamie McGeever Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Tyrone Siu, Dow Jones, Jamie McGeever, Josie Kao Organizations: REUTERS, PMI, National Bureau, Statistics, Japan's Nikkei, U.S ., Thomson, Reuters Locations: Exchange, Hong Kong, China, Japan, South Korea, Indonesia, Australia, India, Asia

☆ HSBC CEO says bank 'well provisioned' for any further China real estate losses
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: +1 min

Noel Quinn, Group Chief Executive of HSBC, speaks during the Global Financial Leaders Investment Summit in Hong Kong, China November 2, 2022. REUTERS/Tyrone Siu/File Photo Acquire Licensing RightsLONDON, Nov 29 (Reuters) - HSBC (HSBA.L) is well provisioned against further China real estate losses, its CEO Noel Quinn said on Wednesday, amid a slump for the country's property market that has led to bank writedowns in recent quarterly earnings. Quinn reiterated that he felt the China property market had bottomed out, but said collateral consequences would potentially cause further losses for some banks. "We feel as though we're well provisioned," Quinn told the Financial Times' Global Banking Summit event in London. Quinn said he took two phones, two iPads and a laptop into Hong Kong and mainland China, but said the number of devices reflected splitting business and personal devices.

Persons: Noel Quinn, Tyrone Siu, Quinn, Lawrence White, Iain Withers, Sinead Cruise Organizations: HSBC, Global Financial, Investment, REUTERS, Financial Times, Global Banking, Thomson Locations: Hong Kong, China, London

☆ Asia's first ETF tracking Saudi equities debuts in Hong Kong
▼ + stars: | 2023-11-29 | by ( Xie Yu | ) www.reuters.com time to read: +3 min

Bull statues in front of screens showing Hong Kong stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. REUTERS/Tyrone Siu/File Photo Acquire Licensing RightsHONG KONG, Nov 29 (Reuters) - A new exchange-traded fund (ETF) tracking Saudi equities made its trading debut in Hong Kong on Wednesday, becoming the first product of its kind in Asia amid warming bilateral relations between China and Saudi Arabia. The ETF, called CSOP Saudi Arabia ETF (2830.HK), is managed by Hong Kong-based CSOP Asset Management. "Today is a milestone in our financial cooperation with Saudi Arabia," said Hong Kong Financial Secretary Paul Chan at a launch event. Through the ETF, investors in Hong Kong will be able to trade Saudi stocks including the oil giant Saudi Aramco (2222.SE) and the Saudi National Bank (1180.SE) in Hong Kong dollars or Chinese yuan.

Persons: Tyrone Siu, CSOP, Paul Chan, Yazeed, Humied, PIF, Xie Yu, Sumeet Chatterjee, Christopher Cushing Organizations: REUTERS, Saudi, Saudi Arabia ETF, HK, Management, Public Investment Fund, Hong, Hong Kong Financial, FTSE, Saudi Aramco, Saudi National Bank, Reuters, Hong Kong Stock Exchange, bourse, ETF, People's Bank of China, Saudi Central Bank, Thomson Locations: Hong Kong, Exchange, China, HONG KONG, Asia, Saudi Arabia, Saudi, FTSE Saudi Arabia, Europe, East, Africa, Beijing, Riyadh

☆ JPMorgan says its UK bank Chase may break even around 2025
▼ + stars: | 2023-11-28 | by ( Nupur Anand | Thomson Reuters | Nupur Anand Is A U.S. Banking Correspondent At Reuters In New York. She Focuses On Jpmorgan Chase | ) www.reuters.com time to read: +1 min

Daniel Pinto, President and chief operating officer of JPMorgan Chase & Co, speaks during the Global Financial Leaders' Investment Summit in Hong Kong, China November 2, 2022. REUTERS/Tyrone Siu Acquire Licensing RightsNEW YORK, Nov 28 (Reuters) - JPMorgan Chase (JPM.N) President and Chief Operating Officer Daniel Pinto said he expects its Chase UK consumer bank to break even in the next 12 to 18 months. The largest U.S. lender opened the digital bank in the UK in 2021, its first foray into international retail business. Chase UK is doing better than expected, Pinto said, and the company plans to grow in other global consumer markets over time. Brazilian digital bank C6, in which JPMorgan has 46% stake, is expected to break even "very soon," Pinto said.

Persons: Daniel Pinto, Tyrone Siu, JPMorgan Chase, Pinto, Jamie Dimon, Nupur Anand, Lananh Nguyen, Sharon Singleton Organizations: JPMorgan Chase &, Global Financial, Investment, REUTERS, Tyrone, JPMorgan, Chase, Financial, Thomson Locations: Hong Kong, China, United Kingdom, U.S, Basel, New York

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