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☆ Hong Kong property stocks surge as China takes action to revive property sector
▼ + stars: | 2023-09-04 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Residential buildings stand at the Metro Town development, jointly developed by CK Asset Property Holdings Ltd., Nan Fung International Holding Ltd. and MTR Corp., in Hong Kong, China, on Thursday, Jan. 11, 2018. Hong Kong-listed property stocks surged on Monday, leading gains on the Hang Seng Index and powering the benchmark to be the top gainer in Asia. Shares of real estate companies like Evergrande , Logan Group and Longfor Group spiked over 9% on Monday, with Country Garden Holdings leading gains at 14.61% up. The Hang Seng Mainland Property Index was up 9.09%. Country Garden is still scheduled to pay $22 million in coupon payments on two U.S. dollar bonds it missed in early August.

Persons: Nan Organizations: Metro Town, CK Asset Property Holdings Ltd, Nan Fung International Holding Ltd, MTR Corp, Index, Logan Group, Longfor, Country Garden Holdings, Mainland, Garden, Reuters, Bloomberg, Malaysian Locations: Hong Kong, China, Asia

☆ A Trombonist on a Mission to Break Barriers in Classical Music
▼ + stars: | 2023-07-30 | by ( Javier C. Hernández | More About Javier C. Hernández | ) www.nytimes.com time to read: +1 min

Women have made strides in classical music in recent years; they now make up roughly half of orchestras in the United States. But it’s a different story for female brass players, who are still vastly underrepresented in top ensembles. You’ve often had the experience of being the only woman playing trombone in an ensemble. So instead of reaching out to other women and finding camaraderie, there’s this history of being more competitive with women than with men. We are pitting ourselves against each other, which is the absolute opposite of what we need to do.

Persons: Simms, Ricky Feng Nan, You’ve, I’ve Locations: United States, Beijing, Chinese

☆ On Ibiza, a Celebration of Summer Love
▼ + stars: | 2023-07-27 | by ( Sophie Bew | ) www.nytimes.com time to read: +1 min

Video Credit Credit... For our 2023 Summer Entertaining Issue , T stops by dinner parties from Ibiza to Long Island — and shares recipes for the best warm-weather snacks and spritzes. - Three Easy Summer Dishes: The French chef Yann Nury elevates classic seasonal recipes with fresh flavor combinations and a few luxurious additions. - Host Gift Guide: What T’s editors and contributors are bringing to thank their hosts this summer, including surreal serving spoons and cozy quilts. The attendees: “It was about bringing our love for the island, love for each other, love for our friends and the business all together,” Rajani, 37, said. He and Shapiro, 42, invited friends including the publicists Nan Richards, 62, and Bruno Busson, 34; the stylist Rahi Chadda, 30; and the magazine editor Tobias Frericks, 45.

Persons: Yann Nury, ” Rajani, Shapiro, Nan Richards, Bruno Busson, Rahi Chadda, Tobias Frericks, Patrick Cox, Johanna Carlsson, Daniela Agnelli Organizations: Credit Locations: Ibiza, Long, French, Amsterdam

☆ Jelly Roll’s ‘Save Me’ and the Music of Addiction and Recovery - The New York Times
▼ + stars: | 2023-07-23 | by ( Crispin Sartwell | ) www.nytimes.com time to read: +3 min

In a country riddled with crises — the opioid epidemic, mass incarceration, the mental health crisis and gun violence among them — Jelly Roll’s music is an expression not just of musical tastes, but also of a desperate national hunger for healing and recovery. Disclosure: Jelly Roll’s music makes me cry, too. I lost a brother and two stepbrothers to addiction and mental illness: Bob was killed in a drug-motivated shooting in 1984. These are the sorts of experiences that Jelly Roll is bringing to the charts: very common devastating experiences of betrayal and survivor’s guilt and despair that, despite their prevalence, are not usually made public. And as the ABC News Studios documentary “Jelly Roll: Save Me” makes clear, he is still struggling.

Persons: Rollmania, Bob, Adam, Jim, Jelly Roll’s, Morgan Wallen’s, Wallen’s, ”, “, David Allan Coe, Nan Goldin Organizations: ABC News Studios Locations: Nashville

☆ From Taylor Swift to the World Cup, travelers are paying big bucks to catch overseas games and shows
▼ + stars: | 2023-07-10 | by ( Monica Pitrelli | Evelyn Chen | ) www.cnbc.com time to read: +6 min

When Taylor Swift's Eras tour rolls into Singapore next year, Rjay Ignacio said he'll be there — whether he has a ticket or not. "If I'm not able to get a ticket, I'm still going to Singapore," he said. He said he would only travel "for Taylor … I'm a big fan." Swifties, or Taylor Swift fans, spend an average of $1,330 on tickets, food and travel, according to the research company QuestionPro. To avoid facing an "astronomical price surge," Jakarta resident Wid said one of his friends booked a hotel in Singapore before Swift's tour tickets even went on sale.

Persons: Taylor, Rjay Ignacio, he'll, Taylor Swift, I'm, Ignacio, Taylor …, Farhan Abrol, Kanyarat Teawprasong, Swift, Armando L, Sanchez, Lionel Richie, Harvey Cohen, Wid, Nan Palmero, I'd Organizations: Deloitte, Wimbledon, CNBC Travel, Austin City Limits Music, Chicago Tribune, Tribune, Service, Swift's, Qatar Airways, FIFA, Accor Locations: Singapore, Asia, Pasig City, Philippines, YOLO, Francisco, Bangkok, Korea, Japan, Taiwan, Hong Kong, Thailand, Southeast Asia, Las Vegas, Chicago's Grant, Bahamas, United States, Navan, Cincinnati, Pittsburgh, Jakarta, Doha

☆ An Art-Filled Swiss Idyll in Lausanne and the Joux Valley
▼ + stars: | 2023-07-10 | by ( Christopher Solomon | ) www.nytimes.com time to read: +2 min

Many are by Swiss artists, including the Giacomettis, father and son. When I visited, one floor featured a large, temporary exhibition of more than 100 paintings by the Swiss painter Gustav Buchet, an important figure in the avant-garde movements in early-20th-century Switzerland. The building was designed by the Portuguese architects Francisco and Manuel Aires Mateus and opened in June 2022, along with the plaza. Many photos reminded how trains can represent escape and adventure, but also a Hail Mary for the desperate. Black-and-white shots of war refugees piling onto trains, taken 70 years ago, felt like they could have been taken last month.

Persons: Gustav Buchet, François Bocion, Bocion, Degas, Renoir, Cézanne, Rodin, Magdalena Abakanowicz, Francisco, Manuel Aires Mateus, Henri Cartier, Nan Goldin, Mary Organizations: Bresson Locations: Swiss, Switzerland, Lake Geneva, Portuguese

☆ ‘Anti-American’ Chinese pundit faces backlash for attending Independence Day party at US Embassy in Beijing
▼ + stars: | 2023-07-06 | by ( Nectar Gan | ) edition.cnn.com time to read: +5 min

CNN —A Chinese nationalist pundit known for his inflammatory criticism of the United States has attracted ridicule online after he was shown attending a party celebrating Independence Day at the US embassy in Beijing – and apparently having a great time while there. American ambassador Nicolas Burns invited me to dinner,” exclaimed the headline of an article Sima posted Wednesday. In the article, he praised the “spectacular” food offered at the event, to which “national day celebrations at the Russian embassy cannot compare,” he said. (Though the Russian embassy’s ice cream is tastier, he concluded after eating four scoops of American ice cream). Sima also observed the “festive atmosphere” of the US celebration, in contrast to the discussions on “serious topics” by guests at the Russian embassy.

Persons: Sima Nan, ”, Sima, “, Nicolas Burns, Burns, Mr, Burns ’, It’s, “ Sima Nan Organizations: CNN, Independence, Beijing –, Washington, NATO, Sima’s, US, Russian Locations: United States, Beijing, China, Ukraine, Taiwan, ” China, Russian, Weibo, American, California

☆ Municipal bonds can offer your portfolio tax-free income and stability as recession fears loom
▼ + stars: | 2023-06-21 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

"People see [municipal bonds] as a defensive position for two reasons," said Shannon Saccocia, chief investment officer at NB Private Wealth. "Historically, municipal bonds have had low default rates," wrote Jared Woodard, investment and exchange-traded fund strategist at Bank of America, in a June 12 report. For instance, there's the Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares (VCAIX) and the Nuveen New York Quality Municipal Income Fund (NAN) . In select situations, some advisors are recommending closed-end municipal bond funds. Closed-end muni bond funds trading at a deep discount include the BNY Mellon Municipal Income (DMF) and the MFS High Income Municipal (CXE) .

Persons: Shannon Saccocia, Jerome Powell, Jared Woodard, Nisha Patel, Patel, Paul Winter Organizations: Bank of America, Bond, Muni Bond ETF, Vanguard, Income Fund, Five, BNY, Income Locations: York, BNY Mellon

☆ A political drama series on Netflix has sparked a #MeToo wave in Taiwan
▼ + stars: | 2023-06-14 | by ( Reena Koh | ) www.businessinsider.com time to read: +4 min

The Taiwanese Netflix political drama "Wave Makers" has sparked a #MeToo wave in Taiwan. It triggered a series of sexual assault allegations that have rocked Taiwan's political scene. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyA new Taiwanese political drama series on Netflix that premiered on April 28 has sparked a #MeToo wave in Taiwan. This line threw open the floodgates to a wave of sexual assault allegations. As part of the #MeToo wave, Chien also came forward with her own sexual assault story in a Facebook post on June 2.

Persons: —, Let's, Chen Chien, Chen, Hsu Chia, Chen Mei, Yan Chih, Lin Nan, Tsai Mu, Hsu, Tsai Ing, Tsai, Chien Li, Chien, Yan Shi, Lin Chun Organizations: Netflix, Service, Washington Post, Democratic Progressive Party, China Morning, University Locations: Taiwan, Washington, China

☆ Charm gets $53 million to turn corn leftovers into oil and inject it into abandoned oil and gas wells
▼ + stars: | 2023-05-18 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +10 min

The 112,000 tons of carbon dioxide that Charm will remove is more than ten times the total quantity of carbon dioxide that has been removed so far with human techniques. "It's sort of a brilliant, but accidental, discovery," Reinhardt told CNBC. "It's a little it's a little odd or unusual, but uniquely American, in that we're basically pumping barbecue sauce into old oil and gas wells," Reinhardt told CNBC. There are about 2 million abandoned oil and gas wells in the U.S., and owner-operators are eager to find another use for them, Reinhardt told CNBC. We will run out of waste biomass long before we before we exhaust the subsurface capacity," Reinhardt told CNBC.

In midsized metros Metros with 250,000 to one million residents. An Emerging Divide Mobility has risen for college-educated workers, even as it has fallen for workers without a degree. College-educated workers leaving the most expensive parts of the country are also not spreading out equally everywhere — or even going to parts of the country that are struggling. Net migration among college graduates Loss Gain Among the 12 most expensive metros, net college migration has generally declined or turned negative. “Consumer cities,” as she puts it, are increasingly replacing “producer cities” as the places where college graduates want to live.

☆ The US spent $877 billion on military in 2022, a new report says — more than 10 times federal education spending
▼ + stars: | 2023-04-25 | by ( Peter Gelling | ) www.businessinsider.com time to read: +3 min

The US spent $877 billion in 2022, which accounts for almost 40 percent of all spending. By comparison, the US federal government allocated just $76.4 billion for education in 2022. "In 2022 the USA allocated $295 billion to military operations and maintenance, $264 billion to procurement and research and development, and $167 billion to military personnel," the report says. Total global military spending reached an all-time high in 2022, the report found. The report found that, in real terms, European military spending had returned to levels not seen since the Cold War.

☆ Peruvian archaeologists unearth 500-year-old Inca ceremonial bath
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: +2 min

[1/3] Archaeologists work in the remains of an ancient ceremonial Inca bathroom, discovered in a sector known as Inkawasi (House of the Inca), at the archaeological site Huanuco Pampa, in Huanuco, Peru April 5, 2023. Found near the "House of the Inca" in the Huanuco Pampa archaeological zone in central Peru, local archaeologists believe that the bath may have served a religious purpose for high-ranking members of the Inca empire, which 500 years ago extended from southern Ecuador to the center of Chile. The Huanuco Pampa archaeological site is part of the Qhapaq Nan project, a complex 25,000-kilometer-long road network that linked Ecuador, Colombia, Peru, Bolivia and Argentina. The road system was declared a World Heritage Site in 2014. Reporting by Marco Aquino; Writing by Sarah Morland; Editing by Aurora EllisOur Standards: The Thomson Reuters Trust Principles.

☆ Japan is running out of space to bury chickens killed over bird flu
▼ + stars: | 2023-04-06 | by ( Michelle Toh | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Japan has lost so many chickens to bird flu, it’s now running out of land to bury them. All 26 had reported experiencing avian flu outbreaks recently. Japan previously slaughtered nearly 9.9 million in fiscal 2020 over another bird flu crisis, its last record high. In Japan, egg prices reached a 10-year high of 235 yen ($1.8) last month, according to Rabobank. Japan's Ground Self-Defense Force personnel head to a chicken ranch to roll out preventive measures against avian flu in the city of Chitose, Hokkaido on March 28.

☆ Peace, love, and Hitler: How Lex Fridman's podcast became a safe space for the anti-woke tech elite
▼ + stars: | 2023-04-03 | by ( Julia Black | ) www.businessinsider.com time to read: +26 min

Seemingly overnight, episodes of Fridman's podcast began racking up millions of views. YouTube/Lex FridmanIn his podcast, Fridman asks world-renowned scientists, historians, artists, and engineers a series of wide-eyed questions ("Who is God? But recently, "The Lex Fridman Podcast" has become a haven for a growing — and powerful — sector looking to dismantle years of "wokeness" and cancel culture. Twitter"The Lex Fridman Podcast" offered a rare opportunity to listen to four-hour conversations with luminaries of tech and science. Bhaskar Sunkara, the founder and publisher of the socialist magazine Jacobin who appeared on Fridman's podcast in December, praised Fridman's interviewing style.

☆ At least 22 people killed in suspected massacre at Myanmar monastery
▼ + stars: | 2023-03-17 | by ( ) www.reuters.com time to read: +4 min

[1/2] Soldiers stand next to military vehicles as people gather to protest against the military coup, in Yangon, Myanmar, February 15, 2021. A spokesman for the KNDF said its soldiers entered Nan Neint on Sunday and found dead bodies scattered at a Buddhist monastery. Video and photographs provided by the KNDF and another group, the Karenni Revolution Union (KRU), showed bullet wounds to the torso and heads of the dead bodies and bullet holes in the walls of the monastery. "Since all the dead bodies were found within the compound of Nan Nein monastery, it is evident that this was a massacre." At least 3,137 people have been killed in the military crackdown since the coup, according to the non-profit Assistance Association for Political Prisoners.

☆ China to set up new financial regulator in sweeping reform
▼ + stars: | 2023-03-07 | by ( ) www.reuters.com time to read: +6 min

The new financial regulator will replace the China Banking and Insurance Regulatory Commission (CBIRC) and bring supervision of the industry, excluding the securities sector, into a body directly under the State Council, or cabinet. The proposal for setting up the new regulator, the National Financial Regulatory Administration, was presented to China's parliament during its annual meeting on Tuesday. China's financial sector is overseen by the People's Bank of China (PBOC), the CBIRC, and the China Securities Regulatory Commission (CSRC), with the cabinet's Financial Stability and Development Committee having overall responsibility. The setting up of the new financial regulatory body comes as Beijing seeks to rein in large corporate and financial institutions that may bring systemic risks via regulatory arbitrage among multiple authorities. 'STRENGTHEN SUPERVISION'The new administration will "strengthen institutional supervision, supervision of behaviours and supervision of functions", according to the plan.

☆ They Lost Their Home to the Woolsey Fire. Starting Over Was Bittersweet.
▼ + stars: | 2023-03-02 | by ( Sarah Paynter | ) www.wsj.com time to read: 1 min

As the Woolsey Fire approached Malibu, Calif., in 2018, Walter and Nan Davis and their 11-year-old son, Nicholas, packed a few keepsakes and left their home under an orange sky. Later, when they were safely removed from the fire, Mr. Davis saw a video of their suburban Malibu West street and recognized the spot where their house once stood. Even as nearby neighbors’ homes were spared, their four-bedroom, ranch-style house had burned down to its concrete foundation.

Though the reasons for Bao's disappearance are unclear, his case follows a series of incidents in which high-profile executives in China have gone missing with little explanation during a sweeping anti-corruption campaign spearheaded by President Xi Jinping. China Renaissance said on Thursday in a stock exchange filing that it had no information that Bao's "unavailability" was related to its business, and that its operations were continuing normally. A spokesperson for Beijing-based China Renaissance declined to comment on specific details and referred Reuters to its exchange filing made on Thursday. "What happened to China Renaissance highlighted the key man risk with some Chinese companies," Li Nan, professor of Finance at Shanghai Jiaotong University, said. key man risk generally refers to the threat posed to a company from over-reliance on a limited number of personnel for decision making.

No one thought LeBron James would overtake Kareem Abdul-Jabbar to become the N.B.A.’s career scoring leader when he came to the league as an 18-year-old. The line for LeBron James is just past the 38,387 points scored by Kareem Abdul-Jabbar. Table showing the scoring totals for Kareem Abdul-Jabbar and Lebron James, broken down by type of shot. Career points by age for top 250 scorers Line chart showing career points for the top 250 scorers in N.B.A. The line for LeBron James is just past the 38,387 points scored by Kareem Abdul-Jabbar.

☆ Photos of Tyre Nichols' funeral at Mississippi Boulevard Church in Memphis show a community jolted into activism
▼ + stars: | 2023-02-01 | by ( Haven Orecchio-Egresitz | ) www.businessinsider.com time to read: +1 min

Tyre Nichols' funeral was held Wednesday at Mississippi Boulevard Christian Church in Memphis. A man arranges flowers around Tyre Nichols' casket at Mississippi Boulevard Christian Church in Memphis, Tenn., on Wednesday, Feb. 1, 2023. Andrew Nelles/The Tennessean via AP, PoolThe funeral of Tyre Nichols, the 29-year-old Memphian who was brutally beaten by five police officers on January 7, was held Wednesday at the Mississippi Boulevard Christian Church in Memphis. Nichols, who has a 4-year-old son, has been remembered by his family and friends as a lover of sunsets, photography, and skateboarding. Vice President Kamala Harris spoke with Nichols' mother, RowVaughn Wells, on Tuesday, accepting her invitation to the funeral.

As with castmates Michelle Yeoh, nominated for best actress, and Ke Huy Quan, nominated for best supporting actor, Stephanie Hsu’s name drew particular applause during her category’s announcement. Notably, after Campion became just the third woman to ever win best director at last year’s ceremony, not a single female director was nominated this time around. Overall, the lesbian power-trip flick made a lesser showing than the Daniels’ queer kung-fu film. But its six nominations included spots in the evening’s biggest categories, including best picture, best cinematography, best original screenplay and, predictably, best actress. But an Oscar for best actor would be the ultimate prize in what has been a victorious comeback tour for the former heartthrob, following his decadelong, virtual exodus from Hollywood.

☆ Exclusive: Geely plans to turn maker of London black cabs into EV powerhouse
▼ + stars: | 2023-01-23 | by ( Nick Carey | ) www.reuters.com time to read: +4 min

"Geely will make consistent investments into LEVC because this is a very unique project." Nan said LEVC and Geely would seek to attract other investors to its zero-emission portfolio and would look to partner with other carmakers to develop new technology. "Geely fully supports the new transition strategy laid out by LEVC's board and executive team," Geely said in a statement. As such, Geely faces a complexity that larger EV makers BYD (002594.SZ) and Tesla (TSLA.O) have avoided. Allen said LEVC was exploring a range of commercial and passenger car models on a common electric platform.

☆ Lack of financial literacy cost 15% of adults at least $10,000 in 2022. Here's how the rest fared
▼ + stars: | 2023-01-19 | by ( Sarah O'Brien | ) www.cnbc.com time to read: +3 min

A report from the National Financial Educators Council shows that 38% of individuals in a recent survey said their lack of financial literacy cost them at least $500 in 2022, including 15% who said it set them back by $10,000 or more. The majority (68%) of respondents said poor financial literacy cost them somewhere from zero to $499. For instance, adults correctly answered, on average, 50% of the 28 basic money questions in the 2022 TIAA Institute-GFLEC Personal Finance index, the sixth annual barometer of financial literacy. Financial literacy is 'a key tool in the toolkit'Advocates of financial literacy say the teaching needs to start before teens reach their high school graduation. "There's good data showing people make better decisions when they have financial literacy," said Nan Morrison, CEE president and CEO.

☆ AI art generators face separate copyright lawsuits from Getty Images and a group of artists
▼ + stars: | 2023-01-19 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Two separate lawsuits have been launched against AI text-to-image generators. Getty Images also began separate litigation against Stability AI, which is behind Stable Diffusion. On Tuesday, Getty Images filed a lawsuit against Stability AI, the company behind AI art tool Stable Diffusion, alleging it used copyrighted images to train software. The company said in a statement that Stability AI "unlawfully copied and processed millions of images protected by copyright." A representative for Stable Diffusion told Insider that the artists' "allegations represent a misunderstanding about how our technology works and the law."

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