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☆ A Deadly Dog Attack Upends an Elite Westchester Farm
▼ + stars: | 2024-04-19 | by ( Christopher Maag | Daniel E. Slotnik | ) www.nytimes.com time to read: +1 min

On a cool, windy day in February, two big white dogs escaped from a well-known nonprofit farm in Westchester County and ended up on a public footpath deep in a New York State park. They encountered a 10-pound miniature poodle on a leash. The larger dogs attacked, killing the poodle and then severely injuring its owner. Acting on the recommendations of state law, a local judge ordered the dogs to be euthanized. The farm, Stone Barns Center for Food and Agriculture, which is connected to Blue Hill at Stone Barns, a Michelin-starred restaurant in Pocantico Hills, filed an appeal on Thursday to stay the dogs’ euthanization.

Persons: Yong Ging Qian Organizations: Stone Barns, Food, Agriculture, Michelin, Mount Pleasant Justice Court Locations: Westchester County, New York State, Stone, Pocantico Hills, Mount Pleasant

☆ A US Navy amphibious warship returned home for repairs just 10 days after deploying
▼ + stars: | 2024-04-17 | by ( Rachel Nostrant | ) www.businessinsider.com time to read: +6 min

USS Boxer, a Wasp-class amphibious assault ship, is returning home just 10 days after deploying. "USS Boxer is returning to San Diego to undergo additional maintenance in support of its deployment in the Indo-Pacific region," Lt. Cmdr. "We're seeing some potential delays on [the amphibious assault ship USS Wasp]," Franchetti said. A spokesperson for Surface Force Atlantic told Military.com following the incident that "during the underway, the ship discovered an engineering irregularity" and "returned to port to effect repairs." The amphibious assault ship USS Boxer transits the East Sea during Exercise Ssang Yong 2016 March 8, 2016.

Persons: Boxer, —, Cmdr, Jesus Uranga, Military.com, Uranga, Craig Z, Adm, Lisa Franchetti, Franchetti, Bill Dodge, Yong, Seaman Craig Z, Konstantin Toropin Organizations: US Navy, Service, USNI News, Navy, Marine Corps, Boxer, Marines, 15th Marine Expeditionary Unit, USNI, Space, Maritime, USS Boxer, USS Boxer U.S . 5th, . Navy, Naval, Surface Force, REUTERS, U.S . Navy, Reuters, USS, Somerset Locations: San Diego, Boxer U.S, USS Boxer U.S, Norfolk, Virginia, Handout, USS Somerset, Somerset, India

☆ Bank of Korea chief says won volatility is a little 'excessive' and will intervene if needed
▼ + stars: | 2024-04-17 | by ( Sumathi Bala | ) www.cnbc.com time to read: +1 min

The Bank of Korea will intervene to control currency volatility if needed, the central bank's chief told CNBC, describing the recent market fluctuations as a little "excessive." Central bank governor Rhee Chang-yong said external factors are fueling the Korean won 's movement. Rhee attributed the won's weakness to the strength of the U.S. dollar as well as geopolitical tensions in the Middle East. Weakness in other Asian currencies like the Japanese yen and Chinese yuan are also affecting the won, he added. The won strengthened on Wednesday to as high as 1,382.6 per dollar, up 1.26% after hitting a 17-month low and breaching a major threshold of 1,400 per dollar on Tuesday.

Persons: Rhee Chang, CNBC's Karen Tso, Rhee Organizations: Bank, CNBC, Korean, U.S Locations: Korea, Washington

☆ Bank of Korea chief: We're not cutting rates yet as headline inflation is 'quite sticky'
▼ + stars: | 2024-04-17 | 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 EmailBank of Korea chief: We're not cutting rates yet as headline inflation is 'quite sticky'Rhee Chang-yong, governor of the Bank of Korea, says "our problem is that unlike U.S. and Europe, our headline inflation is higher than core inflation."

Persons: We're, Rhee Chang Organizations: Email Bank of Korea, Bank of Locations: Bank of Korea, Europe

☆ Opinion | The Beautiful World of Birding
▼ + stars: | 2024-04-14 | by ( ) www.nytimes.com time to read: 1 min

To the Editor:Re “Birds Open Our Eyes and Ears,” by Ed Yong (Opinion guest essay, March 31):Mr. Yong has written a marvelous article that will resonate with many birders, especially in these troubled times. Many are the mornings when I’ve put aside reading the news in favor of watching the birds at my home in southeast Arizona. To Mr. Yong’s article I would add that seeking and identifying new birds are wonderful ways to experience the world. Spending time getting to know the birds you’ve already seen can be equally fulfilling, if not even more so. Craig CorayPatagonia, Ariz.To the Editor:Thank you for the wonderful birding article.

Persons: Ed Yong, Yong, I’ve, Craig Coray Locations: Arizona, Craig, Craig Coray Patagonia, Ariz

☆ China has strong fundamentals and should remain a focus for businesses, Singapore trade minister says
▼ + stars: | 2024-04-12 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Businesses should continue to focus on China and explore opportunities to expand their presence in the world's second-largest economy, Singapore Minister for Trade and Industry Gan Kim Yong said Friday. China had briefly entered deflation territory late last year, and is still struggling with a debt-laden real estate sector. However, "if you take a deeper look, when I engaged the businesses and the people on the ground, I think the sense it gives me is that China's fundamentals are strong," Gan said on CNBC's "Squawk Box Asia." The country's investments in infrastructure will also put it in a good position to recover in the longer term, Gan added. "So I think in the meantime, in the immediate future, they will see headwinds, but I think in the longer term, the fundamentals remain strong."

Persons: Industry Gan Kim Yong, China, Fitch, Gan Organizations: Singapore Minister, Trade, Industry, Moody's Locations: China, Singapore

☆ Businesses should still focus on China despite recent headwinds: Singapore trade minister
▼ + stars: | 2024-04-12 | 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 EmailBusinesses should still focus on China despite recent headwinds: Singapore trade ministerGan Kim Yong, Singapore's trade and industry minister, said despite China's economic challenges, businesses should focus on the country and explore opportunities to expand their presence in the world's second-largest economy.

Persons: Gan Kim Yong Locations: China, Singapore

☆ 20 things that are normal in the US that the rest of the world finds weird
▼ + stars: | 2024-04-11 | by ( Jessica Booth | ) www.businessinsider.com time to read: 1 min

Using money that is all the same colorIt seems hard to navigate different bill sizes when they all look similar. REUTERS/Jo Yong-HakIn the US, dollar bills are all the same shade of green, and they all look very similar, aside from slightly different images. If you travel to other countries, you'll find that their bills are typically all different colors and sizes according to what they're worth. Many foreigners find our currency to be a bit confusing since it all looks the same.

Persons: Jo Yong Organizations: REUTERS

☆ The 'sandwich generation' faces pressure as the world ages — here are 3 tips to prevent burnout
▼ + stars: | 2024-04-09 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +5 min

"There's this tendency in the welfare state to sort of outsource the elderly care," Jan-Emmanuel De Neve, director of the Wellbeing Research Centre at Oxford University told CNBC Make It. Although home-care for the elderly improves their wellbeing, it can also place pressure on younger generations. The so-called sandwich generation refers to middle-aged people who have elderly parents to care for, as well as their own children who are still dependent on them. The younger generations have to support their elderly parents or grandparents. "This would entail defining one's family value system, setting out personal goals, life aspirations, allocating and committing personal resources," Wong suggested.

Persons: Momo, John Wong, Jan, Emmanuel De Neve, Wong, Jialu Streeter, boomers, Streeter Organizations: WHO, Getty, National University of Singapore's, Science, CNBC, World Health Organization, United Nations, Economic, Oxford University, Loo Lin, of Medicine, NUS, Stanford Institute for Economic, Pew Research, Stanford Institute for Economic Policy Research Locations: Hong Kong, South Korea, Japan

☆ Multi-strategy hedge funds in Hong Kong and Singapore are booming. Here's why they're tapping the Middle East to get to the next level.
▼ + stars: | 2024-04-09 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +7 min

To Danny Yong, the Middle East is still Asia. In particular, multi-strategy hedge funds, the industry subset that large allocators are desperate for thanks to their uncorrelated and consistent returns, are growing in markets like Hong Kong and Singapore. Houston-based Pan Capital is planning to hire macro PMs in Hong Kong this year. These people-heavy firms need plenty of talent to make it all work, and the relatively small size of the Singapore market, coupled with political uncertainty in Hong Kong, puts a strain on the entire system. "Managers follow allocator trends, and the Middle East has been actively allocating while other regions have slowed their deployment.

Persons: Danny Yong, firm's, Yong, there's, Kurt Baker, Jonathan Xiong, Bobby Jain, Amir Ravan, Arun Singhal, Alan Howard, Simon Sadler, Dymon, Samantha Rosenstock, Craig Thorburn, It's, Joe Cheung, —, Cheung Organizations: Business, Dymon, UAE, Millennium, Bloomberg, Pan, Segantii Capital Management, Blackpool Football Club, Man, Hong Kong Monetary Authority, Citadel Locations: Asia, Japan, Hong Kong, Singapore, Dubai, Dymon Asia, Houston, Point72, Tokyo, Sidney, Abu Dhabi, United Kingdom, London, Miami, New York, China

CNN —Eight Chinese migrants have been found dead on the coast of southern Mexico, authorities said, after their boat capsized along a popular but perilous route for illegally entering the United States. One Chinese man survived the trip, the statement said. The prosecutor’s office said it was working with federal agencies to investigate the incident and the Chinese embassy in Mexico to identify the bodies. The number of Chinese migrants illegally entering the US from Mexico has skyrocketed in recent years. The influx of Chinese migrants spotlights the urgency many now feel to leave their homeland, even amid what Chinese leader Xi Jinping has claimed is a “national rejuvenation.”Many Chinese who left the country point to a struggle to survive.

Persons: San Francisco del, Iris Wang, Wang, “, ”, Xi Jinping, –, Communist Party’s, China’s, Xi Organizations: CNN, Communist Locations: Mexico, United States, San Francisco, San Francisco del Mar, Oaxaca, Mexican, Tapachula, Chiapas, Guatemala, Venezuela, China

☆ Opinion | When I Became a Birder, Almost Everything Else Fell Into Place
▼ + stars: | 2024-03-30 | by ( Ed Yong | ) www.nytimes.com time to read: +2 min

Last September, I drove to a protected wetland near my home in Oakland, Calif., walked to the end of a pier and started looking at birds. On that pier, for the first time, I had gone somewhere solely to watch birds. In some birding circles, people say that anyone who looks at birds is a birder — a kind, inclusive sentiment that also overlooks the forces that create and shape subcultures. I keep abreast of eBird’s rare bird alerts and have spent many days — some glorious, others frustrating — looking for said rare birds. I went out with experienced birders to learn how they move through a landscape and what cues they attend to.

Persons: I’ve, birders Organizations: Journalism Locations: Oakland, Calif, Sibley, United States, pish, owling

☆ Teacher Li: A Chinese dissident in Europe is enraging Beijing. Now police are coming for his social media followers
▼ + stars: | 2024-03-18 | by ( Nectar Gan | Yong Xiong | ) edition.cnn.com time to read: +10 min

And now, Chinese authorities appear to be going after his followers in China. Li Ying spends most of his days in front of the computer running his X account. Li’s warnings sent shock waves through the small but influential Chinese X sphere. On X, Li Ying’s account provided a window into the outpouring of grief and disaffection. “The Chinese authorities are fearful of young people like Teacher Li, seeing him as a threat to its rule,” Wang said.

Persons: Lee, Xi Jinping, –, Li, ”, ” Lee, Li Ying, Li reposts, Elon Musk, Covid lockdowns, ” Li, “, Yaqiu Wang, ‘, ’ ”, Li Keqiang, Shen Xiang, ramped, Li Keqiang’s, Xi, it’s, it’ll, ” Wang, Wang Organizations: Hong Kong CNN, Twitter, US, Facebook, Elon, Ministry of Public Security, CNN, YouTube, Future Publishing, Getty, Freedom Locations: China, Hong Kong, Beijing, Italy, Washington, Anhui province, “

☆ They met in culinary school and renovated a $444,000 public housing apartment together. The kitchen was the heart of the project.
▼ + stars: | 2024-03-11 | by ( Amanda Goh | ) www.businessinsider.com time to read: +8 min

Colin Yong, who works in the food and beverage industry, lives in a cozy, five-room public housing apartment in Singapore with his wife. But she wasn't always keen on it because she preferred a new house," Yong said. But my wife wanted more shelving and everything, so we learned to meet in the middle." Amanda Goh/Business InsiderWarm, dim lights create a soothing atmosphere that puts people at ease. Amanda Goh/Business InsiderNot settling for lessThe couple has one tip for other first-time homeowners: Don't settle for less.

Persons: Colin Yong, —, It's, homeownership, Yong, they're, Eddy Kur, Amanda Goh, I've, wasn't Organizations: Service, Housing, Development Board, BTO, Amazon Locations: Singapore, Hougang, Amazon Germany

☆ Raffles Medical: 'We are in China for the long-term' and will expand
▼ + stars: | 2024-02-26 | 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 EmailRaffles Medical Group: 'We are in China for the long-term' and will expand operations when confidentLoo Choon Yong, Chairman of Raffles Medical Group discusses the group's financial performance for fiscal year 2023 and business plans for its operations in China.

Persons: Yong Organizations: Raffles Medical, Raffles Medical Group Locations: China

CNN —The home of a Canadian Sikh activist in Brampton, Ontario, was hit by gunfire on Monday, months after the assassination of another activist sent India-Canada relations into a spiral. “It appears that only one bullet hole was found but that is subject to change,” Peel Regional Police wrote in a statement. The bullet hole in Gosal's home in Brampton, Ontario. The Canadian citizen was gunned down by masked men last June outside a Sikh temple in British Colombia. Weeks later, the United States accused an Indian government official of being involved in a conspiracy to kill another Sikh separatist, American citizen Gurpatwant Singh Pannun, on US soil.

Persons: Inderjit Singh, Gosal, Singh, Justin Trudeau, Hardeep Singh Nijjar, Weeks, Gurpatwant Singh, Pannun, Nikhil Gupta, Gupta, Nijjar, “ Organizations: CNN, Justice, Peel Regional Police, Indian Consulate Toronto, Canadian, Indian, Global Affairs Canada Locations: Brampton , Ontario, India, Canada, India’s Punjab, British Colombia, United States, Ontario, Punjab

☆ Atmospheric river: Definition, relationship to hurricanes, potential benefits, and more FAQs answered
▼ + stars: | 2024-02-08 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +7 min

Atmospheric rivers are rivers of water vapors low in the Earth's atmosphere. Below, we answer some FAQs about atmospheric rivers. What causes an atmospheric river? Atmospheric rivers and hurricanes have a few things in common, Cordeira said, but "the processes in the atmosphere that give rise to a hurricane are different than the processes that give rise to atmospheric rivers." In 1994, MIT researchers Yong Zhu and Reginald E. Newell published a paper about "atmospheric rivers and bombs."

Persons: Jason Cordeira, Cordeira, El, it's, Carlos Barria, they're, Yong Zhu, Reginald E, Newell, Ralph et al Organizations: Service, Los Angeles Times, Scripps Institution of Oceanography's Center, Western, National Oceanic, Atmospheric Administration, West, Scripps Institution of Oceanography, REUTERS, MIT, University of California Locations: West Coast, Southern California, Mississippi, California, California , Oregon, Washington, Europe, Chile, New Zealand, Australia, West, Bolinas , California, Hawaii, San Diego

☆ Samsung chief Lee Jae-yong acquitted in 2015 merger case
▼ + stars: | 2024-02-05 | by ( Yoonjung Seo | ) edition.cnn.com time to read: +1 min

Seoul CNN —Samsung chief Lee Jae-yong was found not guilty by a Seoul court on Monday on charges of stock manipulation and accounting fraud connected to a controversial merger in 2015 of two Samsung affiliates. The acquittal comes as a major relief to the chairman of Samsung Electronics, who has been embroiled in legal problems for years. They alleged that the merger of the two firms allowed Lee to gain a tighter grip on Samsung Electronics, the group’s flagship company. “Even if Lee’s control has been strengthened, the merger in this case cannot be considered unfair, as long as there is a reasonable purpose for the merger,” Park said. He added the decision will “lead to lowering the confidence of foreign investors in the Korean legal system and the soundness of the Korean capital market.”

Persons: Lee Jae, Lee, Park Jeong, ” Organizations: Seoul CNN — Samsung, Samsung, Samsung Electronics, Cheil Industries, Seoul, District Court, Seoul National University, CNN Locations: Seoul

SEOUL, South Korea (AP) — A South Korean court on Monday acquitted Samsung Electronics Chairman Lee Jae-yong of financial crimes involving a contentious merger between Samsung affiliates in 2015 that tightened his grip over South Korea’s biggest company. The court said the prosecution failed to sufficiently prove the merger between Samsung C&T and Cheil Industries was unlawfully conducted with an aim to strengthen Lee’s control over Samsung Electronics. Lee had denied wrongdoing in the current case, describing the 2015 merger as “normal business activity.”Lee, 56, did not answer questions from reporters as left the court. Lee Jae-yong served 18 months in prison after being convicted in 2017 over separate bribery charges related to the 2015 deal. Some shareholders had opposed the 2015 merger, saying that it unfairly benefited the Lee family while hurting minority shareholders.

Persons: Lee Jae, Lee, ” Lee, Jin Kim, Lee Kun, Park, Yoon Suk, tycoons, Kim Tong, hyung Organizations: Samsung, Korea’s, Seoul Central, Cheil Industries, Samsung Electronics, Prosecutors, South, National Pension Service Locations: SEOUL, South Korea, Seoul, Ukraine

☆ Samsung chief Lee cleared of charges in 2015 merger case
▼ + stars: | 2024-02-05 | by ( ) www.cnbc.com time to read: +1 min

Samsung Electronics Co. Executive Chairman Lee Jae-yong leaves after attending a final decision at the Seoul Central District Court on Feb. 05, 2024 in Seoul, South Korea. Seoul Central District Court acquits Samsung Electronics Co. Executive Chairman Lee Jae-yong in controversial 2015 merger case. Samsung Electronics Chairman Jay Y. Lee was found not guilty by a Seoul court on Monday in a case related to irregularities in a 2015 merger of Samsung affiliates that prosecutors said was designed to cement his control of the tech group. Lee denied wrongdoing, arguing that he and other executives acted on the belief the merger would benefit shareholders. The sentence prevents a return to jail for Lee who was convicted in 2017 of bribing a friend of former President Park Geun-hye.

Persons: Lee Jae, Jay Y, Lee, Prosecutors, Park, Yoon Suk Organizations: Samsung Electronics Co, Seoul Central, Court, Samsung Electronics, Samsung Locations: Seoul, South Korea

☆ Samsung’s Leader Acquitted in Stock and Accounting Fraud Case
▼ + stars: | 2024-02-05 | by ( John Yoon | ) www.nytimes.com time to read: +1 min

A South Korean court on Monday acquitted Lee Jae-yong, Samsung’s top executive, on charges of stock price manipulation and accounting fraud, the latest twist in the billionaire’s legal troubles tied to a merger that helped him secure control of the nation’s largest company. Prosecutors had sought a prison sentence of five years and a fine of 500 million won against Mr. Lee, 55. Prosecutors have the option to appeal the decision to a higher court. Neither Samsung Electronics nor the prosecutors’ office immediately commented after the verdict. Mr. Lee’s lawyers said in a statement that the decision “clearly confirmed the legality” of the merger and the accounting of its affiliates.

Persons: Lee Jae, Lee, “ Organizations: Samsung, Prosecutors, Mr, Samsung Electronics Locations: Seoul

Here's a look at the phenomenon:___WHAT IS AN ATMOSPHERIC RIVER? Atmospheric rivers are long and relatively narrow bands of water vapor that form over an ocean and flow through the sky, transporting much of the moisture from the tropics to northern latitudes. While traditional cold winter storms out of the north Pacific build the Sierra snowpack, atmospheric rivers tend to be warm. ___WHERE DID THE TERM ATMOSPHERIC RIVER COME FROM? Atmospheric rivers are often referred to as ARs.

Persons: Yong Zhu, Reginald E, Newell Organizations: National Oceanic, Atmospheric Administration, . Geological Survey, U.S ., Scripps Institution of Oceanography's Center, Western, California -, NOAA, Massachusetts Institute of Technology Locations: California, Hawaii, West Coast, United States, Mississippi, U.S . West Coast, Sierra Nevada, California - Nevada

☆ Apple is offering rare iPhone discounts in China
▼ + stars: | 2024-01-15 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +2 min

New York CNN —Apple is offering temporary discounts on its iPhones and other products in China, in an extremely rare move for Apple that comes as competition within Asia’s smartphone market grows more intense. Although third-party sellers at times discount Apple products, Apple itself very rarely offers deals or sales, part of its effort to maintain a premium brand image – something that has been particularly important as Apple seeks to attract high-end buyers in China. The new discounts on the iPhone in China are raising fresh questions about how demand for Apple products is faring recently in the world’s second-largest economy. China has long been a key market for the iPhone maker, with roughly one-fifth of Apple’s overall sales last year coming from China. Last week, Apple lost its status as the stock market’s most valuable company, taking a back seat to Microsoft.

Persons: Yong Xiong Organizations: New, New York CNN, Apple, Mac, Huawei, Wall Street Journal, Research, Jefferies Research, Reuters, Microsoft Locations: New York, China

☆ Singapore's 'ice cream uncles' are disappearing. Blame old age and bureaucracy.
▼ + stars: | 2023-12-24 | by ( Amanda Goh | ) www.businessinsider.com time to read: +10 min

Most hawkers collect their ice cream and dry ice from wholesale distributors around the country. Lester Ledesma for Business InsiderLiang is one of Singapore's remaining traditional ice cream sellers and part of a bygone era. Buying one from one of Singapore's "ice cream uncles" is almost a right of passage. But Liang, Tan, and many other traditional ice cream sellers in the country find themselves working well into their golden years. In addition to the ice cream cart, the ice cream hawkers often also use big cooler boxes for additional storage.

Persons: hawking, —, Liang, Lester Ledesma, Insider Liang, Kenneth Goh, Chip Guan Heng, Goh, Koh Poh Koon, That's, Koh, Tan Ah Hock, He's, " Tan, Tan, There's, Wang, she's, Chan Yong Leng, Chan, TikTok, Darren Tan, it's Organizations: Service, Business, Insider, Singapore Food Agency, SFA, Social Service Office Locations: Singapore, Orchard

CNN —US federal prosecutors have charged an Indian national in an alleged murder-for-hire plot to try to assassinate a Sikh political activist in New York City, according to an indictment unsealed Wednesday. Sikh activist Hardeep Singh Nijjar was murdered in Canada in June, and the Canadian government said it had credible information linking India to the murder. People stomp on an Indian flag and a cutout of Indian prime minister Narendra Modi during a Sikh rally outside the Indian consulate in Toronto to raise awareness for the Indian government's alleged involvement in the killing of Sikh separatist Hardeep Singh Nijjar in British Columbia on September 25, 2023. Cole Burston/AFP/Getty ImagesNijjar and Pannun were associates, US prosecutors say, as they were both leaders of the Sikh separatist movement. The Indian official gave Gupta Pannun’s home address, phone numbers and details on his daily activities, prosecutors allege.

Persons: Nikhil Gupta, Gurpatwant Singh Pannun, Gupta, “, ” Pannun, Hardeep Singh Nijjar, Narendra Modi, Cole Burston, Pannun, Nijjar, Nijjar “, – Organizations: CNN, Justice, Indian, Getty Locations: New York City, New York, India, Czech Republic, Canada, Toronto, British Columbia, AFP

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