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☆ The 'Trump trade' is winding down, and the Fed's rate plans are back in focus
▼ + stars: | 2024-07-18 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Read previewBarely a week after the failed assassination of former US President Donald Trump, investors are already moving on from the "Trump trade." The "Trump trade" refers to investor strategies that reflect the market consequences of a second Trump presidency. Schumacher said the "Trump trade" has run its course and is "about done for now." Focus on Fed interest rate decisionTo be sure, a second Trump presidency — including his administration's trade and tariff policies — would have important implications for the macroeconomy and markets, say most analysts. On Wednesday, Fed Governor Christopher Waller indicated that the central bank would cut "in the not-too-distant future."

Persons: —, Donald Trump, Trump, Michael Schumacher, Schumacher, Vishnu Varathan, Mizuho Bank's, Jerome Powell, Christopher Waller Organizations: Service, Trump, Business, Federal Reserve, US Treasury, Bloomberg, Wells, Wells Fargo Securities, Fed, Swiss, UBS Locations: Wells Fargo, Asia, Japan

☆ Anchovies Have Flavored Our Food for Over 2 Thousand Years - The New York Times
▼ + stars: | 2024-07-17 | by ( Christopher Beckman | ) www.nytimes.com time to read: +2 min

To understand anchovies, you need to understand umami. For most of history, just four tastes were recognized: sweet, sour, bitter and salty. He named the taste umami, after the Japanese word “umai,” which translates — very roughly — as savory taste. Preserved anchovies — whether salted, packed in oil or transformed into fish sauce — have extraordinarily high levels of umami. We know we need to be eating more whole foods, more plants, more good fats, more grains and pulses.

Persons: Democritus, Kikunae Ikeda, Ikeda, it’s Locations: Japanese, Asia, Rome, haute, York

☆ Usha Vance is the 4th person of South Asian descent to be part of the 2024 presidential campaign. Why that matters
▼ + stars: | 2024-07-16 | by ( Chelsea Bailey | ) edition.cnn.com time to read: +6 min

“It’s about time,” he said, adding the Vances “are going to represent a new generation of Americans.”The 2024 presidential campaign has seen three politicians of South Asian descent vying for the White House: Former South Carolina Gov. Since 2020, according to Pew, the number of eligible Asian American voters has increased by 2 million – roughly the population of Nebraska. According to the Asian American voter survey, the economy, education, inflation and immigration were “highly important” for Asian Americans this election cycle. Kumar said immigration is top of mind for many South Asian Republican voters because of the backlog facing millions of Hindu and Indian Americans who are waiting for green cards. Chen said the work must continue to engage with Asian American voters – many of whom are immigrant, first-time voters – to understand the key role they could play in the upcoming election.

Persons: ” Kumar, Donald Trump, Ohio Sen, JD Vance’s, Usha, ”, Nikki Haley, Vivek Ramaswamy, Kamala Harris, Joe Biden, Haley, Ramaswamy, Vance, Usha Vance, Chintan Patel, United States Kamala Harris, ” Patel, Patel, reimagine, ” Trump, Christine Chen, ” Chen, “ We’re, Kumar, –, Chen, “ It’s Organizations: CNN, Republican Hindu Coalition, Indian Coalition of, Republican National Committee, Yale, White, Former South Carolina Gov, Republican, Trump, Republican National Convention, Indian, Pew Research, Pew, Pacific Islander, AAPI, Advancing Justice, AARP, Voter Survey, American, Democratic Party, Asian, South Asian Republican Locations: Ohio, United States, South, Nebraska, Georgia

☆ CNBC Daily Open: Trump attends RNC, Dow record close, bitcoin 'digital gold
▼ + stars: | 2024-07-16 | by ( Abid Ali | ) www.cnbc.com time to read: +3 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. Dow record highThe Dow Jones Industrial Average closed at an all-time high after former President Donald Trump survived an assassination attempt. Trump lauded at RNCFormer President Donald Trump was cheered and celebrated at the Republican National Convention in Milwaukee, his first appearance since an assassination attempt at a Pennsylvania rally. [PRO] 'Super 8'UBS has updated its "Super 8" list of top Asian tech stocks, seen as alternatives to the US "Magnificent Seven."

Persons: Donald Trump, Russell, Jerome Powell, Trump, JD Vance, Ohio, Elon Musk, Powell, you've, Larry Fink, Fink, bitcoin, CNBC's, Donald Trump's Organizations: CNBC, Dow, Dow Jones, Nasdaq, Treasury, Federal, RNC, Republican National Convention, Sporting, Trump, BlackRock, CSI, Nikkei, UBS Locations: U.S, Milwaukee, Pennsylvania, Asia, Pacific, China, Hong

☆ When a cruise liner-size asteroid zips by Earth, two spacecraft may follow it
▼ + stars: | 2024-07-16 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

CNN —When a cruise liner-size asteroid comes within 19,883 miles (32,000 kilometers) of Earth on April 13, 2029, it won’t be alone. The European Space Agency has announced that its new Ramses spacecraft may accompany the asteroid Apophis before and after its safe, albeit rather close, pass of Earth. Astronomers think that an asteroid this large comes within such proximity to Earth only once every 5,000 to 10,000 years. In September 2022, NASA’s DART mission intentionally slammed a spacecraft into Dimorphos, a moonlet asteroid that orbits a larger parent asteroid known as Didymos. “The Ramses mission concept reuses much of the technology, expertise and industrial and science communities developed for the Hera mission,” said Paolo Martino, spacecraft manager for Hera who will also work on the Ramses mission, in a statement.

Persons: won’t, Ramses, Apophis, Apophis doesn’t, ”, Patrick Michel, ” Michel, Richard Moissl, NASA’s, OSIRIS, REx, “ Apophis, Hera, Paolo Martino, “ Hera Organizations: CNN, European Space Agency, NASA’s Center, Studies, ESA, NASA, System, National Centre for Scientific Research, NSF, JPL, Caltech, ESA’s Planetary Defence Office, APEX Locations: Europe, Africa, Asia, Apophis, France

☆ Forget the Magnificent 7: UBS just refreshed its 'Super 8' list of global stock picks
▼ + stars: | 2024-07-16 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

But for those looking for alternatives, UBS has refreshed its list of "highest conviction and most investable" tech stocks in Asia. So far, UBS' Asian Super 8 has gained 8.3% since its inception in February, beating the 6.7% returned by the benchmark MSCI Asia-Pacific index. "We believe the valuation discount across the value chain in Asia's technology sector offers a defensive catch-up play for investors," UBS' analysts wrote. Tencent has been making headlines recently, with several analysts bullish, including Goldman Sachs , which included the stock in its conviction list. The company, which also goes by the name Foxconn, is expecting over 40% year-on-year growth in its AI server sub-segment this year, UBS' analysts noted.

Persons: Tencent, Goldman Sachs, Hon Hai Taiwan's, Hai, — CNBC's Michael Bloom Organizations: Apple, Microsoft, Nvidia, Tesla, UBS, Hong Kong Stock Exchange, U.S, Hai Precision Industry, Taiwan Stock Exchange, Lenovo Lenovo, Lenovo, Hong Kong Exchange Locations: Asia, China, U.S

☆ Rich Chinese tourists are flocking to Japan in search of luxury bargains
▼ + stars: | 2024-07-16 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +1 min

Luxury sales in Japan are growing, despite a downturn across Asia. Japan's currency downturn has attracted tourists to the country to take advantage of lower prices. Many of these tourists are coming from China, buying their luxury items in Japan instead of back home. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But it isn't wealthy Japanese locals that are bucking the trend; it's tourists from China and the rest of Asia.

Persons: — Organizations: Service, Burberry Locations: Japan, Asia, China

The echoes of well-known North Korean songs celebrating friendship spilled into nearby neighborhoods, as families filled booths serving both North and South Korean treats such as the deep-fried confection yakgwa, and fruit punch, or hwachae. A booth at the Defectors' Day festival sells North Korean styles of traditional treats, including watermelon punch (hwachae) and the deep-fried sweet yakgwa. Maybe there (are) many thousands of thousands of North Korean defectors who want to come to (South) Korea and have a prosperous life. “We express our respect and applause to the 34,000 North Korean defectors who are pioneering new lives every day (in South Korea), he said. “I didn’t know that a day like Defectors’ Day would happen, but now that it has been established, I feel like I have to work harder,” she said.

Persons: ’, Kim Jong Un, Mike Valerio, ”, resettling, –, Daeheyon, ‘, ’ ”, “, Kwon Ji, Yoonjung Seo, Yoon Suk Yeol, ” Yoon, “ It’s, Han Bong, he’d Organizations: South Korea CNN —, North, South, CNN, ”, Sunday, Blue House Locations: Seoul, South Korea, North Korea, Pyongyang, North, South, Korean, China, Asia, South Koreans, Korea, North Koreans

☆ Nita Ambani was the 'CEO' behind the wedding that drew global A-listers to Mumbai over the weekend, daughter-in-law says
▼ + stars: | 2024-07-15 | by ( Amanda Goh | Lian Kit Wee | ) www.businessinsider.com time to read: +3 min

Read previewAnant Ambani — the son of Asia's richest man, Mukesh Ambani — married Radhika Merchant over the weekend. of the wedding, as I like to say," Merchant told Vogue in an exclusive interview. Nita Ambani oversaw the planning of the wedding festivities alongside her daughter, Isha Ambani, and her daughter-in-law, Shloka Ambani, Merchant said. A multi-day Indian celebrity wedding can require around 500 staff, wedding planners previously told Business Insider. The wedding festivities sparked some controversy over the weekend due to disruptions caused by traffic diversions and road closures.

Persons: —, Anant Ambani, Mukesh Ambani —, Radhika Merchant, Nita Ambani, Merchant, Isha Ambani, Shloka Ambani, Mark Zuckerberg, Bill Gates, Anant, She's, Mama, Ambani's, Justin Bieber, Rihanna, Bharat Jagasia Organizations: Service, Vogue, Business Locations: Mumbai, Delhi

Biden became the first Democrat to win Georgia since 1992, when he defeated Trump by less than 12,000 votes. A Washington Post/ABC News/Ipsos poll released this week found 47% of Black voters said Biden should continue his campaign, compared to 49% who said he should cede the nomination to someone else. A recent Pew Research Center survey found that among Biden supporters, 58% of Black supporters said both Biden and Trump ought to be replaced, compared with 84% of Asian supporters, 74% of White supporters and 67% of Hispanic supporters. Support among Black voters has long been the make or break point for Democratic politicians. In 2008, Black voters helped Barack Obama win the Democratic nomination and their high voter turnout helped him carry states like Ohio and North Carolina.

Persons: Alanna Morris, Joe Biden “, Donald Trump, hasn’t, Biden’s, –, Biden, North Carolina – aren’t, Kamala Harris, ” Jarita Burdette, “, Joe Biden, ”, Michelle Mitchell, ” Jayla, Koriyan, Black, Trump, Barack Obama, Hillary Clinton, Jim Clyburn, Clyburn, ” Clyburn, NBC’s, ” “ He’s, Rhonda Briggins, Harris, Briggins, “ I’m, Gavin Newsom, Gretchen Whitmer, Morris, Stacey Abrams, ” Morris, Robyn Gipson, Kamala, Joe, ’ ” Gipson, “ It’s, ” George Mitchell Organizations: CNN, Trump, ”, Democratic, Democrat, Georgia, Georgia –, North Carolina –, Biden, Democratic Party, Black Atlanta, Washington Post, ABC, New York Times, Siena College, Pew Research Center, Democratic Rep, Congressional Black Caucus, Michigan Gov, wouldn’t, Atlanta Locations: Atlanta, ”, Georgia, Michigan , Wisconsin, Pennsylvania, Nevada , Arizona, North Carolina, Peach State, “, Ohio, South Carolina, Iowa, New Hampshire, America, California

☆ Buckingham Palace is opening up the room behind its famous balcony to the public for the first time
▼ + stars: | 2024-07-12 | by ( Billy Stockwell | ) edition.cnn.com time to read: +4 min

CNN —Buckingham Palace’s famous balcony room, where the monarch and other members of the royal family gather on special occasions before waving at cheering crowds in the streets below, is opening to the public for the first time. Final preparations are made in the Centre Room on July 8, where members of Royal Collection Trust staff tend to a chandelier. Victoria and Prince Albert were the first royals to use Buckingham Palace as a family home, following their marriage in 1840. The East Wing was built shortly after, between 1847 and 1849, to accommodate their growing family. Today, Buckingham Palace is mainly used for official meetings and events.

Persons: CNN — Buckingham, Jonathan Brady, Catherine , Princess of Wales, Queen Victoria, Emperor, Thomas Gainsborough, Thomas Lawrence, Franz Xaver Winterhalter, George IV, Queen Victoria’s, George IV’s, Prince Albert, Keir Starmer, King Charles III, you’re, Buckingham Organizations: CNN’s Royal, CNN, East, Royal Collection Trust, Royal Collection, Brighton, Staff Locations: London, Buckingham, China, England, Victoria, Buckingham Palace’s

☆ Behind the scenes of billionaire Indian weddings: Hired 'shadows,' phone bans, and a circus master to lead the chaos
▼ + stars: | 2024-07-12 | by ( Shubhangi Goel | Lian Kit Wee | ) www.businessinsider.com time to read: +7 min

"Now, when it comes to a high-net-worth wedding or a celebrity wedding, everything becomes 10 times or hundred times" of that cost, Aggarwal said. AdvertisementPlanners' cost estimates of the Ambani wedding varied widely, from tens of millions of dollars to hundreds of millions of dollars. For a big celebrity wedding, planners divide their staff into teams and hire hundreds of additional people leading up to and on the day of the ceremony. Setting a blueprint for other weddingsThe Ambani wedding is already influencing how other Indians are envisioning and planning their own nuptials. The festivities are slated to kick off Friday at the Jio World Convention Centre, which is owned by the Ambani family.

Persons: —, Radhika Merchant, Anant Ambani, Ambani, Nishita Aggarwal, Nishita, Rihanna, Justin Bieber, Katy Perry, Pitbull, Purvi Modgil, Aggarwal, Isha Ambani, Anant Ambani's, Modgil, Darshan Shroff, We've, Abu Jani Sandeep Khosla, Tarun Tahiliani, Abu Jani, Sandeep Khosla, Ashish Vaishnav, Bharat Jagasia Organizations: Service, Business, Planning, Boys, Reliance, Forbes, butlers, Planners, Convention Locations: Mumbai, India, Getty, Delhi

☆ Ambani's wedding kicks off in India this weekend. Here's who will be at the star-studded event
▼ + stars: | 2024-07-12 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +2 min

Anant Ambani fiancée Radhika Merchant pose for a photo on the red carpet during their sangeet ceremony at Jio World Centre in Mumbai. All eyes are on this weekend's mega wedding in India, where the youngest son of Asia's wealthiest man prepares to tie the knot with his long-time sweetheart after months of lavish pre-wedding celebrations. Indian tycoon Mukesh Ambani — the country's richest man and the billionaire chairman of Indian conglomerate Reliance Industries — is throwing a three-day wedding bash for his son that kicks off on Friday. The groom is his 29-year-old son Anant Ambani and 29-year-old Radhika Merchant, the daughter of Viren Merchant, owner of Encore Healthcare. The Ambani family has stayed mum about the star-studded guest list, but multiple media reports have said 16-time Grammy award winner Adele could be one of the main performers.

Persons: Anant Ambani, Radhika Merchant, Mukesh Ambani, Viren Merchant, Ambani, Adele, Drake, Mike Tyson, Kim Kardashian, Ram Nath Kovind, Boris Johnson, Tony Blair, Mark Tucker, Jay Lee, Morgan Stanley's Michael Grimes, Gianni Infantino Organizations: Reliance Industries, Encore Healthcare, Wall Street, CNBC, Business, HSBC Holdings, Samsung Electronics Co, FIFA Locations: Mumbai, India, Hollywood, Bandra

☆ As the Ambani wedding gets underway — here's why Indian nuptials are so big and glamorous
▼ + stars: | 2024-07-12 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +3 min

(L to R) Anand Piramal, Mukesh Ambani, Radhika Merchant, Anant Ambani, Neeta Ambani, Isha Ambani Piramal, Shloka Mehta Ambani and Akash Ambani pose for the media during a photo opportunity at the red carpet ceremony to celebrate the engagement of Anant and Radhika at Ambani's Antilia residence in Mumbai, India, on Jan. 19, 2023. Mukesh Ambani is the billionaire chairman of Indian conglomerate Reliance Industries, and his youngest son Anant Ambani is marrying Radhika Merchant, the daughter of Viren Merchant, owner of Encore Healthcare. The billionaire family have spotlighted the glitz and glamour of Indian weddings on the world stage, and piqued people's curiosity about why weddings are such a big affair in Indian culture. Additionally, Indian weddings appear to be really spectacular because Indians tend to have big families, various religious and cultural events, and colorful attire and jewelry, according to Karishma Manwani, a London-based luxury wedding planner for Indian weddings. Manwani and Suglani explained the culture and tradition underpinning big Indian weddings.

Persons: Anand Piramal, Mukesh Ambani, Radhika Merchant, Anant Ambani, Neeta Ambani, Isha Ambani Piramal, Shloka Mehta Ambani, Akash Ambani, Anant, Radhika, Ambani's, Viren Merchant, Mark Zuckerberg, Shah Rukh Khan, Rihanna, Justin Bieber, Priya Suglani, Karishma, Manwani, Suglani Organizations: Reliance Industries, Encore Healthcare, BBC, London, CNBC, shimmer Locations: Mumbai, India, Jamnagar, Gujarat, London

☆ Japan: Beachgoer swept away on floating ring survives 36-hour ordeal at sea
▼ + stars: | 2024-07-12 | by ( Nodoko Katsura | Kathleen Magramo | ) edition.cnn.com time to read: +1 min

Tokyo CNN —A beachgoer who was swept 80 kilometers (50 miles) out to sea in a floating ring has been rescued off Japan’s east coast some 36 hours after she went missing, authorities said. She had been spotted earlier by a cargo ship crew, which radioed the tanker for help, the coast guard added. The coast guard flew the woman by helicopter to the city of Yokohama, where she was taken to the hospital for assessment following her overnight ordeal. There is no need for hospitalization,” the coast guard said. Authorities said the woman was likely swept away by currents and moderately strong winds, NHK reported.

Organizations: Tokyo CNN, Japan Coast Guard, CNN, NHK, Authorities Locations: Tokyo, Yokohama, Shimoda, Shizuoka prefecture, Japan

Radhika Merchant and Anant Ambani's wedding begins on Friday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA four-day cruise, a performance by Rihanna, and a mass wedding for 50 couples were all just the lead-up to the glitziest wedding of the year. Radhika Merchant and Anant Ambani , the youngest son of Asia's richest man , are getting married in Mumbai on Friday, with events following on Saturday and Sunday. This story is available exclusively to Business Insider subscribers.

Persons: Radhika Merchant, Anant Ambani's, Priyanka Chopra, Nick Jonas, Kim Kardashian, —, Rihanna, Anant Ambani Organizations: Service, Business Locations: Mumbai

☆ JPMorgan is bullish on this Southeast Asian country, cites opportunities in data centers
▼ + stars: | 2024-07-11 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

NEW YORK, NEW YORK - MAY 26: The JPMorgan Chase logo is seen at their headquarters building on May 26, 2023 in New York City. Data centers have been widely talked about and Malaysia is emerging as an attractive investment opportunity offering different sectors and ideas to play, according to JPMorgan. "It's a multi-theme story going on," Rajiv Batra, head of Asia-Pacific (ex-Japan/China) equity strategy at JPMorgan, told CNBC's "Squawk Box Asia" Wednesday. Penang has proven themselves as a tech hub overall," said Batra, adding that Malaysia offers "multiple sectors and ideas to play." "Besides that, we are seeing they are going into the electric vehicles, they are going into the green energy overall.

Persons: Rajiv Batra, CNBC's, Batra Organizations: NEW, JPMorgan Chase, New York City ., JPMorgan, Malaysia Locations: New York City, Malaysia, Asia, Pacific, Japan, China, Penang, Kuala Lumpur, Southeast Asia

☆ JPMorgan explains why it upgraded Malaysia's rating from underweight to neutral
▼ + stars: | 2024-07-10 | 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 EmailJPMorgan explains why it upgraded Malaysia's rating from underweight to neutralRajiv Batra, head of Asia-Pacific (ex-Japan/China) equity strategy at JPMorgan, cites the country's policy reforms, data center investment and infrastructure buildout as factors.

Persons: Rajiv Batra Organizations: JPMorgan Locations: Asia, Pacific, Japan, China

☆ Amazon's Asian rival Shein wants to be supply chain giant, but some fear Chinese cyber spying inside global trade links
▼ + stars: | 2024-07-08 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +13 min

Shein logistics software is in beta testing with select supply chain customers, according to a person familiar with its plans. "Shein's software could provide unprecedented access to sensitive supply chain data, which the Chinese government could seize under its laws. This exposure poses a direct threat to U.S. supply chain integrity, making it vulnerable to exploitation and manipulation." Even with a headquarters based in Singapore, company supply chain data could be subject to seizure by the Chinese. Shein's fast rise to dominance Shein's dominance lies in the company's hyper-flexible supply chain, according to a recent report from supply chain intelligence firm Zero100.

Persons: Jade Gao, Shein, cybersecurity, Lee Kair, Kair, Dewardric McNeal, McNeal, Ram Ben Tzion, Ben Tzion, Department of Homeland Security's, Shein's, Srini Cherukuri, Chris Xu's, Zero100, Eric Fullerton, Project44 Organizations: Shein, Afp, Getty, Transportation Security Administration, U.S, Authentic Holdings, Simon Property Group, Longview Global, Obama administration's Department of Defense, CNBC, Standards Organization, Secretariat, IAF, Microsoft U.S, EU, Social, International, Uyghur Forced Labor, Department of Homeland, Border Patrol, New York, ITS Logistics, Logistics Locations: Guangzhou, China's Guangdong, Jade, China, U.S, Exiger, Shein, Asia, Singapore, Frankfurt, Germany, Xinjiang Province, Customs, York, United States

☆ Justin Bieber performed at an Ambani pre-wedding party for family and friends. Here's a look at the exclusive guest list.
▼ + stars: | 2024-07-06 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +1 min

Anant Ambani and Radhika Merchant held their sangeet, a pre-wedding celebration, on Friday. The event featured a star-studded guest list and a performance by Justin Bieber. The couple's wedding ceremony is from July 12 to July 14 in Mumbai, India. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The couple's upcoming nuptials hit social media in March when videos and photos surfaced of lavish pre-wedding festivities hosted by the Ambani family.

Persons: Anant Ambani, Radhika Merchant, Justin Bieber, —, Ambani, Mukesh Ambani, Nita Ambani Organizations: Service, Reliance Industries, Reliance Foundation, Business Locations: Mumbai, India

☆ China's second quarter is 'turning softer': Goldman Sachs
▼ + stars: | 2024-07-05 | 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 EmailChina's second quarter is 'turning softer': Goldman SachsMichelle Chen, co-head of Asia consumer research and managing director at Goldman Sachs, outlines a few surprises, such as consumer discretionary categories outperforming consumer staples.

Persons: Goldman Sachs Michelle Chen, Goldman Sachs Locations: Asia

☆ UBS says it has a neutral view on Japan
▼ + stars: | 2024-07-05 | 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 EmailUBS says it has a neutral view on JapanHartmut Issel, head of Asia-Pacific equities at UBS Global Wealth Management, discusses the weak yen and why it likes Indonesian banks.

Persons: Japan Hartmut Issel Organizations: UBS, UBS Global Wealth Management Locations: Japan, Asia, Pacific

☆ 'One of the greatest ways to invest in Asia': Fund manager names 6 under-the-radar stocks to buy
▼ + stars: | 2024-07-05 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

Portfolio manager Richard Kaye is bullish on the Japanese market and believes it offers an opportunity "a lot of people don't recognize." The stronger performance of Japanese equities follows the Tokyo Exchange Group's push for reforms last year. Stocks to play Kaye believes several sectors and stocks in Japan make good plays right now. Among the companies on his radar are Fanuc Corp and Keyence Corp which are in the business of automation products. In medical electronics and health care, Kaye is bullish on Shimadzu Corp and Sysmex Corp .

Persons: Richard Kaye, Kaye, CNBC's Organizations: Tokyo Exchange, Fanuc, Keyence, Shimadzu Corp, Sysmex Corp, Tokyo Disney Resort, Tokyo Stock Exchange, U.S Locations: Japan, Asia, China, Tokyo, U.S

☆ Opinion: What Britain’s first Asian prime minister, Rishi Sunak, meant to my family
▼ + stars: | 2024-07-05 | by ( Opinion Sunder Katwala | ) edition.cnn.com time to read: +7 min

He has a place in history books as the first British Asian prime minister — but now also as the prime minister to suffer one of the heaviest election defeats in Britain’s modern political history. “I would like to see him carry on as prime minister — but the country also needs a change of government,” Dad said. He became prime minister just seven years after becoming an MP — shorter than any other recent occupant of Downing Street. Again, on becoming prime minister, Sunak personally had a much better public reputation than his Conservative Party. Diversity at the topSunak as a Hindu was the first ever British prime minister to practice a non-Christian faith.

Persons: Sunder Katwala, Read, Rishi Sunak’s, Sunder, Sunak, Boris Johnson, Liz Truss’s, Dad, ” Dad, “, Liz Truss, Rishi Sunak, Theresa May, Richard Pohle, dented Organizations: British, CNN, Conservative Party, Sunak, Britain, Brexit, National Service of, Reuters, Commonwealth, Reform, Downing, Twitter, Wales Locations: Downing, Britain, India, Covid, London, France, British, Scotland

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