Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Yu"


25 mentions found


Authorities in China escalated their campaign against cryptocurrencies, arresting more than 1,100 people suspected of using the digital assets to launder ill-gotten funds and ordering mines to shut down in one of its western provinces. The suspects repeatedly converted the assets from one cryptocurrency to another to cover their tracks, it said. Concerns of a regulatory clampdown contributed to a strong selloff in bitcoin and other cryptocurrencies. Bitcoin is still struggling to rally out of its recent trading range. It traded near $36,755.77 Thursday, having been as high as $64,802 apiece in mid-April.
Persons: Bitcoin Organizations: cryptocurrencies, Ministry of Public Security Locations: China, bitcoin
Tech Crackdown Hits Chinese Stocks, Just Not in China
  + stars: | 2021-06-09 | by ( Elaine Yu | ) www.wsj.com sentiment -0.99   time to read: +1 min
China’s tech crackdown is mostly affecting firms listed outside the country, helping to create a big performance gap between onshore and offshore Chinese stocks. In the three months to Tuesday, an iShares exchange-traded fund tracking an MSCI Inc. index of 490 onshore Chinese stocks, or A Shares, has gained 8.9%, according to FactSet. A similar vehicle that follows the broader MSCI China index is up just 0.2% over the same period. The biggest company in the A-Share index is liquor maker Kweichow Moutai Co. , with an index weight of 6.2%. The campaign has since become a broader effort to clean up the sector, spanning issues such as data usage and employment practices.
Persons: , Kweichow Moutai Organizations: U.S ., Tencent Holdings Ltd, Alibaba, Holding, JD.com Inc, Pinduoduo Inc Locations: China, Shanghai, Shenzhen, Hong Kong
HSBC Chooses Two to Succeed Asia-Pacific CEO
  + stars: | 2021-06-07 | by ( Elaine Yu | Jing Yang | ) www.wsj.com + 1.00   time to read: +1 min
HONG KONG— HSBC Holdings PLC on Monday said its Asia-Pacific CEO Peter Wong is retiring and it has appointed two veteran bankers to take over the running of its business in the region. He will serve as chairman of HSBC Asia-Pacific, succeeding Laura Cha, who is also departing the board of HSBC Holdings. Mr. Liao also used to be president and CEO of HSBC China. The duo will be based in Hong Kong and report directly to HSBC CEO Noel Quinn. They will also join HSBC’s executive committee and sit on the board of the Asia-Pacific business.
Persons: Peter Wong, David Liao, Surendra Rosha, Wong, Laura Cha, Cha, Liao, Rosha, Noel Quinn Organizations: HONG KONG — HSBC Holdings PLC, HSBC ’, HSBC, HSBC Holdings, Hong Kong Exchanges, Clearing, Mr Locations: HONG KONG, Asia, Pacific, London, HSBC Asia, India, HSBC China, Hong Kong
China’s Evergrande Moves to Calm Nervous Investors
  + stars: | 2021-06-07 | by ( Xie Yu | ) www.wsj.com sentiment -0.99   time to read: +1 min
Shares of Evergrande, one of China’s biggest and most indebted property developers, have fallen in recent months, nearing lows hit in March 2020. Its bonds also have dropped in price in recent weeks, sending yields soaring, with the yield on one bond due in January 2024 topping 20% on Monday, according to Tradeweb. Last week, internet users shared posts describing deep discounts offered by Evergrande. It said it would repay a small amount of overdue commercial paper it owed a few companies, and said all its dealings with Shengjing Bank were in accordance with the law. “All of our operations are running normally,” Evergrande said on its website, adding that it hadn’t missed an interest or principal payment in the 25 years since its founding.
Persons: Evergrande, ” Evergrande, hadn’t Organizations: China Evergrande, Evergrande, Shengjing Bank Co, Shengjing Bank
Formed in 1994, One Treasure Island is part of an effort to build about 8,000 new homes on its namesake island, including about 2,000 affordable-housing units. One Treasure Island is part of an effort to build about 8,000 new homes on its namesake island, including about 2,000 affordable-housing units. Reporting the theft as soon as she found out about it didn’t get results for Ms. Williams. Of the $650,000 missing, One Treasure Island has recovered around $37,000 from the frozen account. “Ultimately, I was discouraged by our trip because I didn’t feel like we accomplished very much,” Ms. Williams said.
Persons: Sherry Williams, hadn’t, Alain McLaughlin, , Williams, Kelvin Coleman, Eric Risberg, Federal Bureau of Investigation didn’t, Al Drago, FBI hasn’t, Doree Friedman, “ We’ve, John Bennett, Kroll, Bennett, Shmuel Thaler, Sounil Yu, Yu, didn’t, Vinicio Castro, Cengiz Yar, Castro, Frost, Ms, Joseph Neumann, Friedman, ” Ms, , James Rundle Organizations: Navy, Federal Bureau of, Colonial Pipeline Co, SolarWinds Corp, Microsoft Corp, FBI, National Cyber Security Alliance, Press, Frost Bankers Inc, Federal Bureau of Investigation, Bloomberg, Kroll Inc, Authorities, Associated, JupiterOne Inc, Bank of America Corp, Odessa Police Department, Frost Bank, Coalfire Systems Inc Locations: San Francisco Bay, Treasure, Bay, Odessa , Texas, California, Odessa, San Francisco, Cullen, Texas, New Mexico, U.S, james.rundle
HSBC Replaces Top Executive in Asia
  + stars: | 2021-06-07 | by ( Elaine Yu | ) www.wsj.com + 0.99   time to read: +1 min
HONG KONG— HSBC Holdings PLC on Monday said its Asia-Pacific CEO Peter Wong is retiring and it has appointed two veteran bankers to take over the running of its business in the region. He will serve as chairman of HSBC Asia-Pacific, replacing Laura Cha, who is also departing the board of HSBC Holdings. Mr. Liao also used to be president and CEO of HSBC China. The duo will be based in Hong Kong and report directly to HSBC CEO Noel Quinn. They will also join HSBC’s executive committee and sit on the board of the Asia-Pacific business.
Persons: Peter Wong, David Liao, Surendra Rosha, Wong, Laura Cha, Cha, Liao, Rosha, Noel Quinn Organizations: HONG KONG — HSBC Holdings PLC, HSBC ’, HSBC, HSBC Holdings, Hong Kong Exchanges, Clearing, Mr Locations: HONG KONG, Asia, Pacific, London, HSBC Asia, India, HSBC China, Hong Kong
A year after many companies announced their summer 2021 building reopening dates, organizations across the country are now bringing their employees back to the office — with mixed results. With pre-pandemic office life, losing time to a commute could be exhausting for some, while dealing with office politics could cause cynical detachment. Meanwhile, workplace distractions could lead others to feel like less productive, or valuable, members of the team. "For example, employees could take short breaks or a power nap during the day when they felt exhausted." However, "when employees return to the workplace, such agency is likely to be reduced, especially if supervisors are strict about work routines."
Persons: Yu Tse Heng, Heng Organizations: Morning, Bloomberg News, University of Washington's Foster School of Business
MLB roundup: Jacob deGrom lowers ERA to 0.62 as Mets blank Padres
  + stars: | 2021-06-06 | by ( ) www.reuters.com + 0.00   time to read: +10 min
Rafael Devers had a two-run single to put the Red Sox on the board in the sixth, and Bobby Dalbec slammed a two-run homer in the eighth. Reds starting pitcher Tyler Mahle (5-2) allowed two runs on five hits and struck out eight over seven innings. But after the slam, Cobb (4-2) retired the next 11 hitters to get through seven innings. Willy Adames also clubbed a two-run homer for the Brewers, who have homered nine times while winning the first three of this four-game set. Saturday's came against Mike Minor (4-3), who allowed five runs on seven hits in seven innings.
Persons: Jacob deGrom, Orlando Ramirez, Jose Peraza, Francisco Lindor, Joe Musgrove, deGrom, Wil Myers, Tucupita Marcano, Musgrove, Lindor, Tarik Skubal, Eric Haase, Lucas Giolito, Skubal, Enrique Hernandez's, Garrett Whitlock, Matt Barnes, Rafael Devers, Bobby Dalbec, Gleyber Torres, Chad Green, Eugenio Suarez, Louis, Tyler Mahle, Yadier Molina, Max Stassi, Taylor Ward, Alex Cobb, Jake Fraley's, Cobb, Drew Steckenrider, Joe Panik, Vladimir Guerrero Jr, Guerrero, Carlos Correa, Harold Ramirez, Yu Chang, Cesar Hernandez, Eddie Rosario, Aaron Civale, Cedric Mullins, Ryan Mountcastle, John Means, Andrew McCutchen, Ranger Suarez, Spencer Howard, Suarez, Howard, Bryce Harper, Rich Hill, Manuel Margot, Austin Meadows, Margot, Yandy Diaz, Taylor Walls, Randy Arozarena, Charlie Culberson, Kolby Allard, Kevin Gausman, Alex Dickerson, Brandon Crawford, Chadwick Tromp, LaMonte Wade Jr, Patrick Wisdom, Joc Pederson, Jacob Stallings, Adam Cimber, Adam Frazier, Ke'Bryan Hayes, Bryan Reynolds, Stallings, Yelich, Omar Narvaez, Joakim Soria, Narvaez, Willy Adames, Miguel Sano, Saturday's, Mike Minor, Jose Berrios, Jarrod Dyson, Michael A, Taylor, Ozzie Albies, Dansby Swanson, Clayton Kershaw, Kershaw, Atlanta Hall of Famer Tom Glavine, Charlie Morton, Matt Olson, Chad Pinder, Cole Irvin, Olson, Pinder, Kyle Freeland, Irvin Organizations: New York Mets, San Diego Padres, USA, Padres, Tigers, White Sox, Detroit, Chicago, New York Yankees, Skubal, Red Sox, Yankees, Reds, Cardinals, St, Mariners, The Mariners, Seattle, Angels, Seven Angels, Blue Jays, Astros, Toronto, Houston, Orioles, Cleveland, American League, Baltimore, Phillies, Nationals, Rays, Rangers, Tampa Bay, Texas, Giants, Cubs, San Francisco, Marlins, Pittsburgh, Miami, Brewers, Diamondbacks, Milwaukee, Royals, Kansas, Braves, Dodgers, Atlanta, Atlanta Hall of Famer, Rockies, Oakland, Colorado, Thomson Locations: San Diego , California, USA, Petco, San Diego, Boston, New York, Cincinnati, Los Angeles, Seattle, Anaheim , Calif, Cobb, Buffalo, N.Y, Baltimore, Philadelphia, Washington, Arlington , Texas, Arizona, Milwaukee, Atlanta
He added that it was crucial that China improve how it presented its narrative globally in order to "make friends." But revamping China's approach, and its image throughout the world, may be easier said than done. "Clearly, President Xi is getting anxious with the drastically deteriorated relations between China and many countries in the West. The proof of Xi's desire to make China more lovable will be in the pudding, according to Peter Trubowitz, professor of international relations at the London School of Economics. "Some will admire China for presenting an alternative to what is understood as a selfish and unfriendly U.S.-led world order," said Astrid Nordin, professor of Chinese international relations at London's Lau China Institute, a research center.
Persons: Xi Jinping, Xi, United States —, Antony Blinken, Blinken, Dr Yu Jie, Hong Kong —, Peter Trubowitz, Trubowitz, Astrid Nordin, Nordin, China's Organizations: Xinhua, Communist Party, NBC, Washington, Global Times, Pew Research, European Union, London School of Economics, Beijing, The New York Times, Street Journal, BBC, London's Lau China Institute Locations: China, Xinhua, United States, Beijing, Taiwan, South China, America's, London, United Kingdom, Germany, Canada, Australia, Hong Kong, British, Western, U.S, America, Africa, Latin America, London's
But as China tightens its grip on Hong Kong, it has also restricted efforts to mark the occasion — just as it has long done on the mainland. Chow Hang-tung, seen here with a candle ahead of the anniversary, was arrested Friday morning, according to the pro-democracy Hong Kong Alliance of which she is a vice chair. NBC News has contacted the Hong Kong police for comment. “It is really painful to leave Hong Kong at this critical moment, because Hong Kong is in danger,” Cheung said. “I have faith in Hong Kong,” he said.
Persons: Richard Tsoi, , , Chow, Lam Yik, Tiananmen, Tsoi, Andy Wong, Wang Wenbin, Tsoi —, Joshua Wong, Anthony Kwan, Sunny Cheung, ” Cheung, Hong, Vincent Yu, Carrie Lam, Louisa Lim, , Lim, Jimmy Sham, Pak, Organizations: Authorities, Hong Kong Alliance, Reuters, NBC News, Hong Kong, Communist Party, Foreign, Activists, AP, U.S . State Department, “ Guard, Facebook Locations: HONG KONG, British, China, Hong Kong, Beijing, Tiananmen, Macau, Victoria Park, Victoria,
Founder of China’s Meituan Donates $2.3 Billion Stake
  + stars: | 2021-06-04 | by ( Xie Yu | ) www.wsj.com sentiment -0.99   time to read: +1 min
The founder of China’s Meituan has donated shares in the food-delivery giant worth more than $2 billion to his own philanthropic foundation, amid heightened scrutiny of the country’s tech sector. In April, China’s top commerce regulator, the State Administration for Market Regulation, fined Alibaba Group Holding Ltd. $2.8 billion. Soon after, nearly three dozen of China’s largest tech companies, including Meituan and e-commerce group Pinduoduo Inc., publicly pledged that they would comply with the country’s antimonopoly laws. Meituan is itself the subject of a probe from the commerce regulator, while Mr. Wang has also fanned online controversy. Last month he posted, and later deleted, an ancient poem that some internet users took as veiled criticism of China’s government.
Persons: China’s Meituan, Wang Xing, Wang Organizations: Hong, Administration, Market, Alibaba, Holding, Pinduoduo Inc Locations: Hong Kong, China’s
Hong Kong Police Make Arrests on Tiananmen Square Massacre Anniversary
  + stars: | 2021-06-04 | by ( Elaine Yu | ) www.wsj.com sentiment -1.00   time to read: +1 min
HONG KONG—Police arrested two people they accused of using social media to promote a banned candlelight vigil commemorating the victims of the 1989 Tiananmen Square massacre, an annual event that is now seen as testing the limits of China’s crackdown on dissent. The group had canceled the vigil after police banned it citing social-distancing rules tied to the coronavirus pandemic. Pro-democracy groups say the government is trying to dim the flames of the only mass Tiananmen remembrance held on Chinese soil. Restrictions on gatherings remain in place in Hong Kong, which hasn’t recorded a local and untraceable Covid-19 infection for more than a month. Officials have warned that anyone attending or publicizing unlawful assemblies faces arrest and up to five years in jail.
Persons: Chow, hasn’t, untraceable, gunning Organizations: HONG KONG — Police Locations: HONG KONG, Hong Kong, Victoria, Beijing’s, British
New York (CNN Business) Investors breathed a huge sigh of relief following the May jobs report Friday. Stocks rallied as the numbers told a classic Goldilocksian, not too hot or too cold, story about the state of the economy. Bond yields also edged lower and the dollar weakened — signs that investors aren't too concerned about the economy overheating. "There was a little bit of something for everyone in this report," said Yung-Yu Ma, chief investment strategist with BMO Wealth Management. Fewer jobs were added than expected last month, but the numbers were stronger than April's surprisingly weak gain.
Persons: Stocks, Dow, aren't, Yung, Yu Ma, Read Organizations: CNN Business, Investors, Nasdaq, BMO Wealth Management, Federal Reserve Locations: York
MLB roundup: Red Sox end Astros’ winning streak
  + stars: | 2021-06-04 | by ( ) www.reuters.com + 0.00   time to read: +8 min
Xander Bogaerts broke out of an 0-for-24 slump with a two-run double in the seventh inning as the Red Sox halted the Astros' four-game winning streak. Winker also hit two singles and scored a second run as the Reds won for the third time in their last four games. Joc Pederson hit a two-run homer (his fifth homer of the season) for the Cubs. The winning pitcher was Josh Tomlin (3-0), who worked 1 1/3 innings of relief, allowing no runs and no hits. Carson Kelly belted a two-run homer for the Diamondbacks, whose road losing streak reached 14 games.
Persons: Christian Arroyo, Martin Perez, Xander Bogaerts, Bogaerts, Perez, J.D, Martinez, Yuli Gurriel, Aledmys Diaz, Fernando Tatis Jr, Walker, Yu Darvish, Mark Melancon, Kevin Pillar, Justus Sheffield, Jake Fraley, Justin Upton, Jared Walsh, Kyle Seager's, Jesse Winker, Louis, Winker, Vladimir Gutierrez, Adam Wainwright, Salvador Perez, Hunter Dozier, Josh Donaldson, Jorge Polanco, Jacob Stallings, Bryan Reynolds, Tyler Anderson, Jazz Chisholm, Garrett Cooper, Erik Williams, Brandon Crawford, Anthony DeSclafani, Crawford, Buster Posey, Alex Dickerson, Joc Pederson, Charlie Blackmon, Garrett Hampson, Raimel Tapia, Joshua Fuentes, Austin Gomber, Khris Davis, Jose Trevino, Brock Holt, Ryan Yarbrough, Gerrit Cole, Yarbrough, Brett Gardner, Miguel Andujar, Ray, Matt Andriese, Cole, Moncada, Jake Lamb, Yasmani Grandal, Tim Anderson, Willi Castro, Dansby Swanson, Josh Tomlin, Patrick Corbin, Jackie Bradley Jr, Christian Yelich, Luis Urias, Avisail Garcia, Carson Kelly, Ketel Marte, Nick Ahmed, Jon Duplantier, Eduardo Escobar Organizations: Boston Red Sox, Houston Astros, Red Sox, Astros, Houston, Boston, Padres, Mets, Mariners, Angels, Seattle, Los Angeles Angels, Sheffield, Reds, Cardinals, Cincinnati, Royals, Minnesota, Twins, Pirates, Marlins, Pittsburgh, Miami, USA, Giants, Cubs, Chicago, National League, Rockies, Rangers, Colorado, Texas, Rays, Yankees, Austin Meadows, Tampa, New, Yankee, Rays . White Sox, Tigers, Detroit, White Sox, American League, Braves, National League East, Washington, Brewers, Diamondbacks, Milwaukee, Arizona, Thomson Locations: Diego, New York, Anaheim , Calif, Kansas City, Houston , Texas, USA, San Francisco, Texas, Tampa Bay, Chicago, Atlanta, Washington
Chinese Property Bonds Are Hot, Defaults Aside
  + stars: | 2021-06-03 | by ( Xie Yu | ) www.wsj.com sentiment -0.58   time to read: +1 min
Yield-hungry investors are still snapping up Chinese property bonds, despite a recent string of defaults, tighter regulation and market unease about one of the country’s biggest developers. As of June 2, real-estate companies from China had sold $20.3 billion of dollar bonds this year, according to Refinitiv, a 16% increase over the same period last year. He said alongside debt sales by Chinese tech firms, this was offsetting subdued supply from state-backed companies. The bonds from Times China, which is based in the Southeastern province of Guangdong, were rated 3-4 notches below investment-grade. The robust bond sales are surprising because the sector is contending with a series of official moves intended to calm the property market and reduce indebtedness among real-estate companies.
Persons: Owen Gallimore, Mr, Gallimore Organizations: ANZ, Times China Holdings Ltd, Times Locations: China, Times China, Southeastern, Guangdong
China's military has been practicing striking maritime targets with rockets and anti-tank missiles. A company commander told state media that these systems are "highly deadly to maritime targets." The US has also been looking at how to use ground forces to strike and maritime targets. The Chinese People's Liberation Army has been conducting live-fire exercises focused on engaging targets at sea with traditional ground combat systems, such as rocket artillery and anti-tank missiles, according to Chinese media. "We can — from a fixed location, on an island or some other place — engage enemy targets, naval targets, at great distances."
Persons: Li Yu, Mark Esper, David Berger Organizations: People's Liberation Army, PLA 80th Group Army, Global Times, China Central Television, Xinhua News Agency, PLA Army Academy of Artillery, Air Defense, US Army, Naval, Army, US Navy, Ship, US Marine Corps, Navy Marine Expeditionary Ship, Tactical, Unit, Marine Corps, Marine Locations: China, Asia, Pacific, RIMPAC
Hong Kong Plans Law to Tie Mobile Phone Numbers to User’s Identity
  + stars: | 2021-06-01 | by ( Elaine Yu | ) www.wsj.com sentiment -0.98   time to read: +1 min
HONG KONG—The government Tuesday unveiled plans to require people in Hong Kong to provide their real name and other personal details when registering mobile phone numbers, a move that critics said would further curtail people’s freedoms and stoke fears of surveillance. It puts Hong Kong in line with about 155 countries including France, Germany and South Korea that have similar measures, officials have said. Activists and opposition politicians have had phone messages used by police as evidence against them for alleged violations of the National Security Law imposed in June. “The Hong Kong government continues to make policies that show they don’t trust their own citizens,” said Lokman Tsui, an assistant professor at the School of Journalism and Communication at the Chinese University of Hong Kong. He described the policy, which will see registrations begin next year, as a further erosion of privacy and trust in Hong Kong.
Persons: , Lokman Tsui Organizations: National Security, School of Journalism, Communication, Chinese University of Hong Locations: HONG KONG, Hong Kong, France, Germany, South Korea, Chinese University of Hong Kong
Hong Kong Plans Law to Tie Mobile-Phone Numbers to User’s Identity
  + stars: | 2021-06-01 | by ( Elaine Yu | ) www.wsj.com sentiment -0.98   time to read: +1 min
HONG KONG—The government Tuesday unveiled plans to require people in Hong Kong to provide their real name and other personal details when registering mobile phone numbers, a move that critics said would further curtail people’s freedoms and stoke fears of surveillance. It puts Hong Kong in line with about 155 countries including France, Germany and South Korea that have similar measures, officials have said. The proposal has touched a nerve in the Chinese territory, however, where fears of surveillance run high amid a continuing crackdown on dissent. “The Hong Kong government continues to make policies that show they don’t trust their own citizens,” said Lokman Tsui, an assistant professor at the School of Journalism and Communication at the Chinese University of Hong Kong. He described the policy, which will see registrations begin next year, as a further erosion of privacy and trust in Hong Kong.
Persons: , Lokman Tsui Organizations: School of Journalism, Communication, Chinese University of Hong Locations: HONG KONG, Hong Kong, France, Germany, South Korea, Chinese University of Hong Kong
Despite stepped-up market restrictions, prices are on a rising trajectory, said Huang Yu, vice president of China Index Academy, a Beijing-based property research institute. Climbing land prices are also expected to buoy housing prices, she said. "We expect new construction investment to revive in the third quarter on fast work resumption and rising raw material prices," China Merchants Securities' Zhao said. "Home project construction investment will be the major pillar of overall property investment, which will also be likely driven by rental housing construction," China Index Academy's Huang said. Speculation has risen recently that China plans to expand property tax reforms beyond Shanghai and Chongqing in efforts to cool prices.
Persons: Aly Song, Huang Yu, Zhao Ke, Banks, Zhao, Huang Organizations: Reuters, China Index Academy, China Merchants Securities, Thomson Locations: Shanghai, China, metropolises, Beijing, Chongqing, Shenzhen, Hainan
Global Stocks Slip as Inflation Remains in Focus
  + stars: | 2021-05-31 | by ( Xie Yu | ) www.wsj.com sentiment -1.00   time to read: +1 min
Global markets drifted lower Monday, as investors considered the outlook for U.S. inflation and international economic recovery. In early afternoon trading in Hong Kong, the local benchmark Hang Seng Index lost 0.6%. Benchmarks in Japan and Australia also slipped, while U.S. equity futures ticked up about 0.1%. Some other markets, including South Korea and Taiwan, advanced. U.S. markets are closed Monday for Memorial Day, and their U.K. equivalents are also closed for a public holiday.
Persons: Mary Nicola, Nicola Organizations: PineBridge Investments Locations: Hong Kong, Japan, Australia, South Korea, Taiwan, U.S
Since March 27, 2020, federal student loan interest rates have been set to 0% and payments have been paused. Private student loans do not have federal protections and have specific contracts that dictate the consequences of missing a payment. However, the consequences for missing federal student loan payments often follow a common pattern. Here is a step-by-step guide of what happens when a borrower misses a federal student loan payment:After graduationFederal student loans go into repayment when a borrower graduates or leaves school. This means if you are less than 15 days late making a federal student loan payment, there will likely be few consequences.
Persons: Persis Yu, Yu, Ashley Harrington, what's Organizations: Family, Perkins, Social Security, Education, Center for
Business books may be able to explain why it's important to leverage diverse perspectives, but they tend to be too model-driven to adequately reflect the complexities of the real world. For those insights, especially if you're in a management position, reach for works of fiction. As a professor of leadership, here are seven literary gems from a diverse set of authors that I've read and enjoyed. By Colson Whitehead From Black American novelist Colson Whitehead, "The Intuitionalist" offers fresh inroads into frank conversations about race in the workplace and in society. I found a call to action here: to move from simply understanding the benefits of diversity to championing the individuals who hold diverse perspectives.
Persons: I've, Laila Lalami, Yu Hua, Michael Berry, Fugui, It's, Mohsin Hamid, Mohsin Hamid of, Daru, he's, Andrew Sean Greer, Arthur, Colson Whitehead, Lily, Min Jin Lee, Klara Organizations: Black Locations: America, Moroccan, China, , Mohsin Hamid of Pakistan, Pakistan, Japan
The White House has tied Biden's policy approach to student debt relief to the Education Department's memo, but nearly two months since Klain’s comments, it is unclear when the department's review will be completed. Neither the White House nor the Education Department has said whether the administration is seriously considering extending the forbearance. Democrats and other proponents of canceling student debt argue that the president has the authority to cancel student loans under the Higher Education Act of 1965, which gave the education secretary broad authority over student loans. Biden has already exercised that authority, proponents of debt cancellation argue, by pausing student loan payments during the coronavirus pandemic. Studies show that students of color are more likely to take on student debt and disproportionately struggle to pay it back.
Persons: WASHINGTON, Ron Klain, Joe Biden, Klain, hasn't, It's, Braxton Brewington, Brewington, it's, Natalia Abrams, Biden, forbearance, Abrams, Miguel Cardona, Persis Yu, Yu, Donald Trump, , Chuck Schumer, Sen, Elizabeth Warren of, Elizabeth Warren of Massachusetts —, Warren, Schumer Organizations: White, Education Department, White House, Department of Education, Department of Justice, Justice Department, National Consumer Law, Senate, New, Higher, Congress, Federal Reserve, Post Locations: New York, Elizabeth Warren of Massachusetts
Covid News: Wealthy Latin Americans Head to U.S. for Vaccines U.S. travel is nearing a pandemic peak for Memorial Day weekend. Ernesto Londoño, Daniel Politi andAdvertisement Continue reading the main storyDemonstrators in London and Brussels protest vaccine passports and pandemic restrictions. Video transcript Back bars 0:00 / 0:43 - 0:00 transcript Hundreds Protest Vaccine Passports in London Demonstrators opposing coronavirus vaccines and the idea of vaccine passports gathered in central London on Saturday. [drums] [crowd noise] [chanting] “Stand up.” “Take your freedom back.” Demonstrators opposing coronavirus vaccines and the idea of vaccine passports gathered in central London on Saturday. And fewer than 153,000 people in the country of five million have received both doses of a coronavirus vaccine.
Persons: Joe Raedle, Sean Simons, Biden, Florencia Gonzalez Alzaga, , , Gonzalez, Ernesto Londoño, Daniel Politi, Henry Nicholls, Johnson, Porto Luis Vieira, Pierre, Philippe Marcou, Saturday Miguel Riopa, Carl Recine, Pedro Nunes, weren’t, Andrew Das, Rory Smith, David, David “, Laura Thompson, , Stetson, ” Gigi Gaskins, Bill Lee, Zhang Zhoubin, Vincent Yu, Muhyiddin Yassin, Duchess, Cambridge, Prince William, “ I’m, Will, Moody, Eric Mills, Cornell Tukiri, Cat Moody, Goldman Sachs, Amr Alfiky, Rudy Stankowitz, Stankowitz, ’ Sonia Maestre, Alvaro, Jaime Reina, hewed, Mr, Biden’s, Trump Organizations: Covid, Vaccines U.S, Pfizer, Miami International Airport, Credit, ONE, World Health Organization, . Credit, Freedom, Disease Control, TSA, European Union, Protesters, Associated Press, Police, League, Manchester City, Porto, Associated Press Chelsea, Estadio, Saturday, Agence France, Chelsea, Champions League, England’s Premier League, Security, Shutterstock, Gov, Republican, Residents, China Youth Daily, Guangzhou Health, Officials, Guangzhou Center for Disease, Hong Kong, ., Associated Press Hong, Corporate, city’s Securities, Futures, Companies, Securities, Futures Commission, Hong Kong’s Department of Health, Reuters, Saudi Press Agency, United Arab, Twitter, London’s Science, The New York Times, Zealanders, New York Times, Alliance, Getty, Apple, Google, Big Tech, National Bureau of Economic Research Locations: Hong Kong, Mexico, United States, New York, Alaska, Buenos Aires, Miami, London, Brussels, London’s, Trafalgar, Britain, British, Alabama , Arizona, Florida, Georgia , Idaho , Montana, Texas, Belgium, Portugal, Philippe Marcou Porto's, Douro, Porto, Hatwrks, Nashville, Oregon, York, Tennessee, Liwan District, Guangzhou, China, Guangdong Province, Hong, Malaysia, Saudi Arabia, United Arab Emirates, Germany, Ireland, Italy, United Kingdom, Sweden, Switzerland, France, Japan, United, Taiwan, Zealanders, New Zealander, Princeton, N.J, New Zealand, U.S, Zealand, Woodmere, Palma , Spain, , Covid
JD Logistics soars in Hong Kong debut, valuing it at $36 billion
  + stars: | 2021-05-28 | by ( Scott Murdoch | Sophie Yu | ) www.reuters.com sentiment -0.96   time to read: +2 min
HONG KONG/BEIJING (Reuters) -JD Logistics Inc soared 14% on debut, giving the Chinese delivery and warehousing firm a $36 billion stock market value and providing a strong start on Friday for what is only the third mega listing in Hong Kong so far this year. JD Logistics’ stock gains come after it priced its $3.2 billion IPO closer to the lower end of an indicated range. The high level of demand among retail investors meant that under Hong Kong’s ‘clawback’ rules the stock on offer rose to 9% from 3%, according to the filings. The institutional investor part of the deal was 10.18 times oversubscribed and 580 investors were given stock, the filings showed. The IPO is the second largest in Hong Kong in 2021 and only the third to raise more than $1 billion in the city this year.
Persons: Thomas Peter Shares, Yu Rui, Hong Kong’s Organizations: Logistics, REUTERS, HK, JD Logistics, , Cornerstone, Vision Fund, Temasek Holdings, BlackRock, Technology, Linklogis Inc Locations: HONG KONG, BEIJING, Hong Kong, Beijing, China
Total: 25