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Chinese markets clocked their best week in almost 16 years as the mainland’s CSI 300 rallied 15.7% this week, buoyed by several economic stimulus measures by the central bank. The last time the index saw a bigger weekly gain was the week ending Nov. 14, 2008. Hong Kong’s Hang Seng index recorded a weekly gain of 12.75%, making it the index’s best week since February 1998, according to FactSet data. Tokyo’s headline inflation rate eased to 2.2%, down from August’s 2.6%. A slate of fresh U.S. economic data also supported the market’s gains, with weekly jobless claims falling more than expected, pointing to a steady labor market.
Persons: Hong, PBOC, Shigeru Ishiba, Sanae Takaichi, Korea’s Kospi, Australia’s, Organizations: CSI, People’s Bank of China, Google, Shanghai Stock Exchange, Reuters, Japan’s Nikkei, of Japan, U.S ., Micron Technology, Nasdaq, Dow Jones Industrial Locations: China, Shanghai, Asia, Pacific, Tokyo, August’s, U.S
SYDNEY, Australia — Pesto the huge king penguin chick has drawn hundreds of visitors to an Australian aquarium, and now the bird can count Katy Perry as one of his biggest fans. Chocolate-brown and fluffy, Pesto is a 9-month-old king penguin that weighs 52 pounds, more than twice the combined weight of his parents. Most of Pesto’s weight comes from the brown fuzz that keeps penguin chicks warm through winter. Like all king penguins, Pesto is non-sexually dimorphic, which means he does not have externally visible traits that distinguish him from female penguins. The average parental care for a baby king penguin can span over a year.
Persons: Australia —, Katy Perry, Pesto ”, Michaela Smale, “ We’ve, ” Smale Organizations: Australian Football League, Channel Seven, Melbourne, Reuters Locations: SYDNEY, Australia, U.S, Melbourne
This article is part of “Dealing the Dead,” a series investigating the use of unclaimed bodies for medical research. Texas Senate Media ServicesThe Health Science Center did not comment on Parker’s plans for legislation. The Health Science Center suspended its body-donation program, fired the officials who led it and said it would stop accepting unclaimed bodies. The University of North Texas Health Science Center suspended its body-donation program and fired the officials who led it. Dallas County officials have said moving forward they won’t provide unclaimed bodies for research unless survivors choose to do so.
Persons: Sen, Tan Parker, Parker, , , Andy North, Shelby Tauber, Alisa Simmons, Brenda Cloud, Victor Honey, Maddie McGarvey, NBC News Cloud, ” Cloud, ” Terrence Hayes, “ Mr, Honey, Al Sharpton, MSNBC’s, ” Sharpton, Thomas Champney, ” Champney, Eli Shupe, Tarrant, ” Shupe, Louisa Harvey, Michael Coleman, Michael, ” Harvey, Louisa Harvey ., Louisa Harvey Harvey, Harvey, she’s Organizations: NBC News, Republican, NBC, Fort, University of North Texas Health Science Center, Army, Texas, Media Services, Health Science Center, Dallas, Fort Worth National, U.S . Department of Veterans Affairs, Veterans, Health Science, University of Miami Miller School of Medicine, University of Texas Locations: Texas, Dallas, Tarrant, Fort Worth, North Texas, Mississippi, United States, Arlington
Harris is scheduled to make her first trip to the southern U.S. border in more than three years. “We do have a broken immigration system,” Harris said Wednesday in an interview with MSNBC. In discussing immigration, Harris has increasingly attacked Trump over his efforts to kill a bipartisan border funding deal this year. “She keeps talking about how she supposedly wants to fix the border,” Trump said Thursday at a news conference at Trump Tower. He’s skeptical of Harris’ tougher talk on immigration.
Persons: DOUGLAS, Kamala Harris, Harris, Joe Biden, ” Harris, It’s, Biden, Trump, , Mike Johnson, didn’t, , ” Trump, John Ladd’s, John Ladd, Gabe Gutierrez, “ Trump, ” Miles, “ That’s, ” Danya Acosta Organizations: MSNBC, Border Patrol, NBC News, Republicans, Trump, NBC, Council, Republican Locations: Ariz, U.S, El Salvador, Guatemala, Honduras, Arizona, Cochise County, Douglas
Republicans stand a good chance of erasing the Democrats’ narrow 51-49 Senate majority in November, a hard reality that complicates Harris' transition planning. Members of Harris’ transition team have studied that one — the handoff from Ronald Reagan to George H.W. Harris' team is operating under an unusually compressed timeline and is still building the basic apparatus needed to vet potential hires and staff an administration. Last month, Harris' campaign appointed Yohannes Abraham to run the team that is preparing for a transfer of power. He came to his new role with direct experience, having been executive director of Biden’s transition in 2020.
Persons: WASHINGTON, Kamala Harris, Harris, who’ve, Joe Biden, Biden, undercutting, , Barack Obama, Robert Gates, George W, Bush's, Gates, , It’s, Ronald Reagan, George H.W, George H.W . Bush, They've, Hillary Clinton, Obama, Donald Trump, Yohannes Abraham, Abraham, Trump, , she’s, Max Stier, There’s, Christine Wormuth, Kathleen Hicks, Michèle Flournoy, Rosa Brooks, ” Brooks, ” Harris, William Burns, Burns, who've, he's, Rohini Kosoglu, Harris ’, Julianne Smith, Phil Gordon, Sens, Chris Murphy, Chris Coons, Linda Thomas, Greenfield, Samantha Power, Walz, Pete Buttigieg, Buttigieg, it’s “, Gina Raimondo, Joe ”, ” Raimondo, Raimondo Organizations: Republican, Biden, Senate, NBC, Trump, Pentagon, Democratic, Senate Democrats, Republicans, University of Virginia's, Association of Southeast Asian Nations, ASEAN, Partnership for Public Service, Army, CIA, White House, NATO, United Nations, U.S . Agency for International Development, Transportation, Biden's Cabinet, Fox News Locations: Washington, George H.W ., U.S, Indonesia, Connecticut, Delaware, United, Biden's
Ishiba, a straight-talking former defense minister, will take office on Tuesday when Prime Minister Fumio Kishida and his cabinet ministers resign and Ishiba is elected his successor by members of the LDP-controlled parliament. He is also contending with a complicated security environment in the Asia-Pacific region, where the U.S. has been strengthening ties with Japan and other allies in an effort to counter China’s growing power. After no candidate received a majority in the first round of voting, Ishiba won in a runoff against economic security minister Sanae Takaichi, 63, who would have been Japan’s first female prime minister. This was Ishiba’s fifth time running for party leader. In addition to being a realist, Ishiba is also an idealist who has never been tainted by scandal, Cucek said.
Persons: Shigeru Ishiba, Fumio Kishida, Ishiba, Hiro Komae, Kishida, Kishida “, ” Ishiba, Sanae Takaichi, Takaichi, , Michael Cucek, Cucek, ” Cucek, , Lin Jian, Lin, Arata Yamamoto, Jennifer Jett Organizations: Liberal Democratic Party, LDP, Liberal Democratic Party’s, Getty, Temple University, NATO, U.S, Yasukuni, Foreign Ministry Locations: TOKYO, U.S, Ishiba, Asia, Pacific, Japan, North Korea, Tokyo, AFP, United States, Japanese, Tottori, South Korea, Philippines, Australia, China, Taiwan, Beijing, East Asia, Phuket, Thailand
TAIPEI — The U.S. Coast Guard is watching an “uptick” in Chinese and Russian navy activity around Alaska and the northern Pacific but encounters to date have been very professional, a senior commander said on Friday. “Russian naval vessels, certainly we’ve seen an uptick in their presence in that particular region. And then what we also see is an uptick in PLAN, the PRC Navy, and the Russian navy working together in that region,” he said, referring to the People’s Republic of China. Tiongson said the U.S. Coast Guard had not been asked to provide escort to Philippine vessels, but had been advising and assisting in other ways. “So when I say advise and assist, we provide to the Philippine coast guard and to others is what we would do in this situation.
Persons: Andrew J, Tiongson, ” Tiongson, they’ll, , China’s, Thomas Shoal Organizations: The U.S . Coast Guard, U.S . Coast Guard Pacific Area, PRC Navy, U.S, U.S . Coast Guard, China’s Coast Guard Locations: TAIPEI, The U.S, Russian, Alaska, U.S, Japan, Russia, People’s Republic of China, Canada, Philippines, South China, Philippine
Hurricane Helene made landfall near Perry, Florida, as a Category 4 storm with 140 mph sustained winds and higher gusts. Hurricanes are rated 1 through 5 on the Saffir-Simpson Hurricane Wind Scale based on their wind speed. Damage is exponential as wind speed increases, meaning a strong Category 3 storm could do up to 60 times as much damage as a weak Category 1 storm. Well-built homes will be heavily damaged, with most of the roof blown away. Most well-built homes will be destroyed, and many will be stripped to the foundation.
Persons: Helene Organizations: Hurricanes, Simpson Locations: Perry , Florida, Big Bend,
Destruction in a area targeted by Israeli airstrikes in Lebanon's town of Saksakiyeh, on September 26, 2024. Mahmoud Zayyat/AFP/Getty ImagesIsrael said it is considering a US-led ceasefire proposal that would see a 21-day pause in fighting in Lebanon, as fears rise of a fully-fledged war between Israel and Hezbollah that risks escalating into a wider regional conflict. : President Joe Biden said the plan had been endorsed by the United States, Australia, Canada, the European Union, France, Germany, Italy, Japan, Saudi Arabia, the United Arab Emirates and Qatar. : Hezbollah has not yet commented on the proposed deal, and Lebanese caretaker Prime Minister Najib Mikati has denied reports of signing the framework for Lebanon. Media reports claimed earlier that Mikati signed a ceasefire proposal after meeting US Secretary of State Antony Blinken and envoy Amos Hochstein on the sidelines of the UN General Assembly.
Persons: Mahmoud Zayyat, Israel, Benjamin Netanyahu, Joe Biden, , Najib Mikati, Mikati, Antony Blinken, Amos Hochstein, Netanyahu Organizations: Getty, United Nations General Assembly, European Union, United Arab, Media, UN, Assembly Locations: Lebanon's, Saksakiyeh, AFP, Lebanon, Israel, New York, United States, Australia, Canada, France, Germany, Italy, Japan, Saudi Arabia, United Arab Emirates, Qatar
LUCKNOW, India — At least 46 people, most of them children, have drowned while bathing in rivers and ponds swollen by recent floods during the observance of a Hindu religious festival celebrated by millions in north India, authorities said Thursday. India has seen deadly stampedes during religious events in the past, but widespread drowning incidents during festivals are rare. Local media reported that some of the rivers and ponds in the state had been swollen by floods following heavy rains. Devotees were celebrating the annual festival of Jivitputrika Vrat, during which women fast for 24 hours and offer prayers for the well-being of their children. They also travel to rivers and ponds in their neighborhood to bathe, sometimes accompanied by their children.
Persons: Jivitputrika Vrat Locations: LUCKNOW, India, Bihar
A third of teens and young adults in the U.S. can’t afford or otherwise access menstrual products, according to new research from Children’s National Hospital in Washington, D.C. Some young people may skip school, sports or other social activities because of a lack of access to menstrual products. “This is impacting everyone.”Some states are passing legislation to increase access to menstrual products in schools. Are you able to access tampons or pads? “Just like toilet paper is readily available in all restrooms, we’d love to see improved access to free menstrual products everywhere.”
Persons: , , Monika Goyal, Goyal, they’d, what’s, Shelby Davies, Davies, ” Davies, , Meleah Boyle, ” Boyle, pediatricians, ” Goyal Organizations: Children’s National Hospital, Washington , D.C, Center, Children’s, American Academy of Pediatrics, National, Children’s Hospital of Philadelphia Locations: U.S, Washington ,, Orlando , Florida, Minnesota, Alabama , California , Colorado , Illinois, Maine, Maryland, New Mexico
A Trump campaign spokesperson referred questions about the agreement and Trump's involvement in the business endeavor to the Trump Organization. "Trump Watches are not designed, manufactured, distributed or sold by Donald J. Trump, The Trump Organization or any of their respective affiliates or principals," the website said. The website's FAQ section highlights the question, "Are these official watches by President Trump?" "These are only official Watches offered by President Trump and includes a replica of his famous signature!" Trump has promoted $60 branded Bibles in partnership with country music artist Lee Greenwood, and Trump family members have also launched a crypto platform.
Persons: WASHINGTON —, Donald Trump, Trump, Donald J, President Trump, Harris, Ammar Moussa, Trump’s, “ Donald Trump, , Lee Greenwood Organizations: WASHINGTON, White, Trump Organization, TheBestWatchesonEarth, The Trump Organization, Trump Locations: Swiss
Taylor County expects to take a direct hit from the Category 4 storm, which is expected to make landfall Thursday night. Taylor County, in northern Florida near the Big Bend region, is home to 20,000 residents, Padgett said. Follow here for live updatesAs in other spots in Florida, mandatory evacuations were ordered for Taylor County, but Padgett estimated that as much as half of his population is choosing to stay put. Uber has offered to take Taylor County residents to shelters outside the county, Padgett said. Helene is the third major storm within a year for Taylor County, Padgett said, "But we're going to endure.
Persons: PERRY, Helene, Mark, Sheriff Wayne Padgett, Padgett, It's, We've, I've, ” Padgett, Uber Organizations: Sheriff, Taylor County Locations: Fla, Taylor, Taylor County, Florida, Bend
Russia is considering fines for those promoting a child-free lifestyle, according to a Putin ally. AdvertisementRussia's parliament is working on a new law that would fine people the equivalent of thousands of dollars for promoting a child-free lifestyle, according to a close ally of Russian President Vladimir Putin. He accused the so-called "child-free movement" of undermining the institution of family, which may be contributing to Russia's low birth rate. Russia's birth rate hit a 25-year low in the first half of 2024. Advertisement"A friendly and large family is the basis of a strong state," Volodin said in his Telegram post.
Persons: Putin, , Vladimir Putin, Vyacheslav Volodin, Volodin, Nina Ostanina Organizations: Service, State Duma, Russia, Reuters, RIA Locations: Russia, Ukraine, Russian
Micron surged over 15% after strong revenue and profit forecasts driven by AI spending. Other chip stocks also rallied on Thursday after Micron's revenue guidance. AdvertisementMicron surged over 15% on Thursday after reporting strong revenue and profit forecasts, spurred by continued artificial intelligence spending. Micron projected its next quarter's revenues to be between $8.5 billion and $8.9 billion, above the $8.3 billion analysts anticipated. AdvertisementThe chipmaker's rosy forecast is a sign that it is another winner of the AI spending boom.
Persons: , Sanjay Mehrotra, wasn't, Matt Bryson Organizations: Micron, Service, US, Nvidia, Samsung Electronics, SK Hynix, Tokyo Locations: HBM, South Korea
CNN —Billing itself as the world’s “first holographic communications platform,” US startup Proto is beaming life-size, “3D” video into universities, hotels and medical centers. The boxes can reproduce pre-recorded video as well as a live feed, and any 4K camera, including an iPhone, can be used as the source. Nussbaum, whose background is in radio and podcasting, started Proto in 2018. In 2023, video of actor William Shatner was beamed from Los Angeles to the Advertising Week APAC event in Sydney, Australia. A similar technology launched by Dutch company Holoconnects has been deployed at hotels in Scandinavia, and used for advertising by BMW.
Persons: CNN —, , William Shatner, , David Nussbaum, Nussbaum, Holoconnects, Gary Burnett, Proto, Clay Jackson, Crystal Freeman, Organizations: CNN, Inc, Amazon, Verizon, Siemens, Accenture, Walmart, NFL, JFK, Beverly Wilshire, BMW, Google, HP, Cisco, MIT, Vanderbilt, Stanford, University of Loughborough, Loughborough University, West Cancer Center, University of Tennessee College of Medicine Locations: Los Angeles, Orlando , Florida, Sydney, Australia, New, Beverly Hills , California, Scandinavia, Webex, Central Florida, Memphis , Tennessee, New Jersey
Lebanese authorities have said that the devices used in the attacks were Gold Apollo Rugged Pager AR-924 pagers and ICOM IC-V82 walkie-talkies. The logo of Taiwanese company Gold Apollo is seen outside its office in New Taipei City on September 18, 2024. Yan Zhao/AFP/Getty ImagesThe chairman and founder of Taiwan-based Gold Apollo, Hsu Ching-kuang, was questioned by Taiwanese prosecutors last Thursday before being released. On its YouTube channel and website, Apollo Systems HK said that it had acquired the “sole distribution rights” to Gold Apollo pager systems. Hsu Ching-kuang (L), head of Taiwanese company Gold Apollo, speaks to the media outside the company's office in New Taipei City on September 18, 2024.
Persons: Budapest CNN — Israel, Yoav Gallant, , Shin, Israel, Sean Moorhouse, ” Moorhouse, Mohamed Azakir, , Gold, ICOM, Yan Zhao, Hsu Ching, Hsu, Teresa, Teresa Wu, Wu, Jakub Porzycki, Cristiana, Arcidiacono, , DANS, Dimitar Glavchev, Rinson Jose, Jose, Hassan Nasrallah, ” Nasrallah, , Hassan Ammar, Volker Türk, Pallabi Munsi, Katie Polglase, Tara John, Eyad Kourdi, Avery Schmitz Organizations: Budapest CNN, Getty, Israel, CNN, British Army, American University of, American University of Beirut Medical Center, Reuters, United Nations, UN Security, UN, International, New York Times, Consulting, Budapest, Gold, Prosecutors, BAC Consulting, Apollo Systems Ltd, Taiwan’s International Trade Administration, Apollo Systems, Apollo Systems HK, YouTube, Apollo, AA, , NBC News, Norta Global, Norta, Norwegian Police Security Service, Security, “ Authorities Locations: Beirut, New Taipei City, Budapest, Lebanon, Beirut's, AFP, American University of Beirut, Taiwan, Hungary, Taipei, Taipei City, Hong Kong, United States, Australia, Europe, Bulgaria, Norway, Anadolu, pagers, Sofia, Norwegian, Gaza
Crimson clouds light up the skyline of Victoria Harbour on July 14, 2022 in Hong Kong, China. Asia-Pacific markets mostly rose Friday, with Chinese stocks likely set to cap off a week of gains on the back of Beijing's stimulus measures aimed at boosting the economy. The bank added that the weighted average deposit reserve ratio of financial institutions will be about 6.6% after this reduction. Tokyo's headline inflation rate eased to 2.2%, down from August's 2.6%. The core inflation rate — which strips out prices of fresh food — in the capital city came in at 2%, in line with expectations from economists polled by Reuters and down from 2.4% in August.
Organizations: People's Bank of China, Reuters Locations: Victoria Harbour, Hong Kong, China, Asia, Pacific, Tokyo, August's
Hoda Kotb, longtime anchor of NBC's "Today," said she will be stepping down from the role. In a tearful announcement, she said her 60th birthday had prompted her to reevaluate her next phase of life. AdvertisementAfter 26 years at NBC, Hoda Kotb said she plans to step down as anchor in 2025. During "Today with Hoda & Jenna," Kotb explained to her co-anchor, Jenna Bush Hager, that she had a longing to do something new. AdvertisementKnowing when to switch gears in your careerFor Kotb, turning 60 prompted her to reevaluate her career.
Persons: Hoda Kotb, reevaluate, Haley, Hope, , Kotb, Jenna, Jenna Bush Hager, Haley Joy, Hope Catherine, She's, Alan Castel, Kathy Feest Organizations: Service, NBC, Rockefeller Plaza, Hoda, NBC News, BI
Oil prices fell for a third day on Friday, on course to end the week lower, as investors focused on expectations of higher supplies from Libya and the broader OPEC+ group of oil exporters. Oil prices fell for a third day on Friday, on course to end the week lower, as investors focused on expectations of higher supplies from Libya and the broader OPEC+ group of oil exporters. "The big-ticket items on the markets radar this week have been Libya and OPEC+," analysts at FGE Energy told clients on Thursday. A media report on Wednesday claimed the previously announced reversal is due to Saudi Arabia's decision to abandon a $100 oil price target and gain market share, causing oil prices to slide by 3% in the previous session. Still, the report has set off renewed speculation about a battle for market share at a time that investor sentiment was already at record lows, FGE noted.
Persons: Brent, Daniel Hynes, FGE Organizations: OPEC, Brent, U.S, West Texas, FGE Energy, Central Bank of, ANZ Bank, Organization of Petroleum, Reuters, ICE Brent Locations: Libya, OPEC, Central Bank of Libya, Saudi, Saudi Arabia
CNBC Daily Open: A high of all-time highs
  + stars: | 2024-09-27 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. All-time high, againMajor U.S. indexes rose on Thursday, with the S&P 500 notching a fresh closing high. When the U.S. Federal Reserve cut interest rates last week, it's not unreasonable to expect Treasury yields to dip. But 55% of respondents think Trump will be better for the economy and on inflation.
Persons: Europe's, it's, they've, Jeff Cox, Sam Altman, Bret Taylor, Harris, Kamala Harris, Donald Trump, Trump Organizations: CNBC, Major, Micron, Swiss National Bank, Treasury, U.S . Federal Reserve, Altman, U.S Locations: Major U.S, China
Which Battleground State Voters Could Sway the Election? It says that in order for Democrats to win, Black voters must make up 30 percent of all voters and at least 30 percent of white voters must vote Democratic. Black voters, who cast nearly a third of the ballots in 2020, overwhelmingly favored Mr. Biden — by almost 90 percent. That’s because educational attainment divides mostly white voters, and many of Nevada’s less-educated voters are not white. Even so, that wasn’t enough for him to overcome the coalition of white voters with a college degree and voters of color who delivered Mr. Biden a victory.
Persons: they’ve, Biden, Biden’s, Donald J, Trump, , Mark Kelly, , Samara Klara, Charles S, Bullock, Kamala Harris, Andra Gillespie, , “ There’s, Matt Grossmann, David Damore, suburbanites, Chris Cooper, Trump’s, Charles Franklin Organizations: Hispanic, The New York Times, White Hispanic, Democratic Senate, Mr, Biden, University of Arizona ., White, University of Georgia, Democratic, Black, Georgia, Emory University . Georgia, Suburban, Arab American, Michigan, , Michigan State University, Israel, Democratic Party, University of Nevada, Rural, Voters, North, Western Carolina University, Wisconsin, University of Wisconsin ., Marquette Law Locations: The, Arizona, U.S, University of Arizona . Georgia, Georgia, Michigan, Detroit, American, Gaza, Nevada, Las Vegas, , Carolina, North Carolina, Greensboro, Asheville, Trump, ” Pennsylvania, Pennsylvania, Pittsburgh, Pennsylvania’s, Philadelphia, Wisconsin, Milwaukee, Madison, University of Wisconsin . Wisconsin, Dane County
United Nations headquarters CNN —It’s one of the biggest security operations in America: Protecting thousands of world leaders and their entourages at the annual high level United Nations General Assembly meeting in New York. High shots from cameras looking at nearby corners outside the UN are always on. The UN security officials said its impossible to monitor all 1400 cameras at the same time but there are personnel checking out the scene. New York police and diplomatic security are tasked with rushing long and short motorcades from hotels across Manhattan to the UN and back. UN security officials say their priority is providing a secure environment.
Persons: CNN —, It’s, They’ve, Linda Thomas, Greenfield, Organizations: Nations, CNN, United Nations, Assembly, UN, New York Police Department, Secret Service, New York, New York Stock Exchange, New Locations: America, New York, Manhattan
Treasury yields dip ahead of key inflation data
  + stars: | 2024-09-27 | by ( Sophie Kiderlin | In | ) www.cnbc.com   time to read: 1 min
U.S. Treasury yields were lower on Friday, with investors looking to the release of key inflation data as they weighed the state of the economy. ET, the yield on the 10-year Treasury was down by over one basis point to 3.7714%. The 2-year Treasury yield was last at 3.6021% after falling by more than two basis points. Yields and prices have an inverted relationship. One basis point equals 0.01%.
Organizations: Treasury
Timmons: The economic impact of a strike could be consequential
  + stars: | 2024-09-27 | 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 EmailTimmons: The economic impact of a strike could be consequentialJay Timmons, President & CEO of the National Association of Manufacturers, warns that a strike could hurt manufacturers like Pfizer and Toyota by raising costs and disrupting supply chains.
Persons: Timmons, Jay Timmons Organizations: National Association of Manufacturers, Pfizer, Toyota
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