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The dollar index , which tracks the currency against a basket of its peers, was little changed at 101.96 after climbing 0.27% on Wednesday. "The banking results continue to show that the U.S. bank funding situation is stabilizing," said Bank of Singapore currency strategist Sim Moh Siong. "You have the UK CPI that turned out hotter than expected, at the same time the New Zealand CPI which turned out lower than expected, which are driving the sterling and kiwi," he added. New Zealand's consumer price index (CPI) for the first quarter came in below expectations on Thursday, but remained near historic highs. That followed hotter than expected CPI figures in Britain that boosted bets for a rate hike from the Bank of England in May.

☆ Legendary Female Artists on the Younger Women Who Inspire Them
▼ + stars: | 2023-04-20 | by ( ) www.nytimes.com time to read: +20 min

The Artist’s Mind What it feels like for female artists to wrestle with ambition, ego, ambivalence and inheritance. That isolation has, historically, been especially true for women artists, some of the most celebrated of whom have seen “writer” or “painter” or “filmmaker” treated as a secondary part of their identity. For this issue, we asked legendary female artists to tell us about a younger woman whose work excites them and gives them hope. But for the current generation of women artists, who have come of age with models who more closely resemble them, identity seems more like a source of community than a trap. Women artists, born into a Babylon of exclusion and possibility, reveal that creative inheritance is as promiscuous as legal inheritance is strict.

☆ MLB roundup: Padres' shutout ends Braves' win streak
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: +11 min

Martinez (1-1) allowed three hits and two walks with six strikeouts over seven innings to get the win. Cardinals starting pitcher Jake Woodford (1-2) allowed four runs on seven hits and a walk in five innings. Diamondbacks starting pitcher Madison Bumgarner (0-3) allowed seven runs on seven hits and four walks in four innings. Alek Thomas hit a two-run homer and Pavin Smith hit a solo shot for Arizona. Toronto right-hander Jose Berrios (1-3) gave up two runs on three hits with three strikeouts in seven innings.

☆ Russian-held Ukraine nuclear plant to stop using US fuel - Ifax
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: +1 min

April 20 (Reuters) - The Zaporizhzhia nuclear power plant in southern Ukraine which Russia captured last year will stop using U.S.-produced nuclear fuel as quickly as possible, the Interfax news agency quoted a Russian official as saying on Thursday. The biggest nuclear power plant in Europe, mostly built in the Soviet times, originally used Russian nuclear fuel, but Ukraine gradually switched to supplies from Westinghouse after its first conflict with Russia in 2014. Renat Karchaa, an adviser to the general director of Russian nuclear energy firm Rosenergoatom which is now in charge of the plant, told Interfax that it had about four years' worth of U.S.-made fuel in reserves. But the Russian management will seek to replace that fuel with the Russian one as quickly as possible as it considers its own technologies superior, he said. Reporting by Reuters; Editing by Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.

☆ Man Gets Nearly 22 Years in Prison for Shooting Teen in Hate Crime
▼ + stars: | 2023-04-20 | by ( Eduardo Medina | ) www.nytimes.com time to read: +1 min

Mr. Robinson and M.S. Jeffrey Alan Gedbaw, a lawyer for Mr. Robinson, did not immediately respond to an email and call seeking comment on Thursday. The sentencing of Mr. Robinson came as hate crimes continue to plague the country. documented about 8,700 victims of hate crimes, including about 1,680 victims of hate crimes motivated by sexual orientation and gender identity. Those totals were a slight decrease from 2020, when the agency tallied about 11,000 victims of hate crimes, including about 2,500 victims of hate crimes motivated by sexual orientation and gender identity.

☆ Taiwan 'perplexed' by Paraguay candidate questioning of ties
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: +1 min

Speaking to reporters in Taipei, Taiwan Foreign Minister Joseph Wu said Alegre's public comments "certainly have caused some perplexity". We will do our best to maintain diplomatic relations with Paraguay." Paraguay is one of only 13 countries to maintain formal diplomatic ties with Chinese-claimed Taiwan, and China has been stepping up efforts to win over the island's remaining allies. China has long argued that democratically ruled Taiwan is part of its own territory with no right to state-to-state ties, a position Taipei strongly rejects. China demands that countries it has ties with must adopt its position that Taiwan is Chinese territory.

CompaniesCompanies Law Firms Grail Inc FollowIllumina Inc Follow(Reuters) - A U.S. appeals court on Tuesday said it will accelerate reviewing Illumina Inc's challenge to a federal agency order requiring the biotechnology company to divest cancer diagnostic test maker Grail LLC. The agency said Illumina had not shown why the appeals court needed to speed up its consideration of the antitrust dispute. San Diego-based Illumina, which specializes in gene sequencing, is appealing an April 3 FTC order that said the company's $7.1 billion acquisition of Grail will curb competition in the cancer-testing market. The FTC in 2021 sued Illumina over its bid for Grail, a former subsidiary of the company. The case is Illumina Inc and Grail Inc v. Federal Trade Commission, 5th U.S.

☆ Russia having difficulty building new weapons, but might have enough older ones, report says
▼ + stars: | 2023-04-19 | by ( Brad Lendon | ) edition.cnn.com time to read: +6 min

“The quality of the Russian military in terms of advanced equipment will likely decline, at least over the near term,” the CSIS report says. Western officials, speaking during a briefing Tuesday, also noted the pressure on the Russian tank fleet. The CSIS report highlights the problem Russia faces in new tank construction, citing Russian media reports. ‘Less reliable suppliers’Sanctions have cut Russian access to optical systems – needed for tank gunners to pick out targets – ball bearings and machine tools, the CSIS report said. Russia still retains numerical advantages over Ukraine, the report said, because it has large inventories in reserve.

☆ DeSantis keeps losing home-state endorsements to Trump, and the Florida governor's recent visit to DC didn't produce any converts.
▼ + stars: | 2023-04-19 | by ( Warren Rojas | ) www.businessinsider.com time to read: +4 min

Ron DeSantis bled support from the Florida congressional delegation this week. 3 more Florida GOP lawmakers are lining up behind Trump amid DeSantis' trip to DC. Ron DeSantis' personal appeal to congressional Republicans in DC on Tuesday night appears to have spectacularly backfired, as Florida lawmakers continue throwing their support behind Trump in the 2024 presidential race. And freshman Rep. Brian Mast told CNN that not only does he plan to endorse Trump, he'll also spearhead a "Veterans for Trump" group. Even if DeSantis had tried that, Crenshaw noted that he has no plans to endorse anyone in the GOP presidential primary, so that was off the table.

Law Firms Cravath, Swaine & Moore LLP FollowApril 18 (Reuters) - New York's Senate on Tuesday easily confirmed Governor Kathy Hochul’s nominee to lead the state’s highest court, elevating a judge favored by liberal lawmakers. Rowan Wilson was approved by a vote of 40 to 19 as chief judge of the New York State Court of Appeals. Wilson will be the first Black judge in the role, which also oversees the state's court system. Wilson dissented from prominent decisions by former Chief Judge Janet DiFiore, including a ruling last year that maps of the state’s congressional districts redrawn by Democratic lawmakers violated the state’s constitution. Wilson's swift confirmation comes after Hochul’s first nominee for the post, appellate Judge Hector LaSalle, was rejected by the state Senate amid criticism from Democratic lawmakers about his record on abortion and labor issues.

☆ Former Indian lawmaker slain live on TV while in police custody, state restricts gatherings
▼ + stars: | 2023-04-16 | by ( Saurabh Sharma | ) www.reuters.com time to read: +3 min

[1/2] Police officers escort Atiq Ahmed, a former lawmaker in India's parliament, accused in several criminal cases, outside a court in Prayagraj, India, April 13, 2023. A gunman is seen reaching over the shoulders of police to point a pistol at the temple of the former lawmaker, Atiq Ahmed, whose turban is blown off as the gun discharges. Fearing the possibility of violent unrest in the wake of the killings, the Uttar Pradesh government barred gatherings of more than four people across the entire state. He had been wanted in connection to a murder case that was being investigated as part of a wider crackdown into a land mafia operating in Uttar Pradesh. Police in Uttar Pradesh have killed more than 180 suspected criminals during encounters over past six years.

☆ South Korea fires warning shots after North's boat crosses sea border
▼ + stars: | 2023-04-16 | by ( Hyonhee Shin | ) www.reuters.com time to read: +2 min

SEOUL, April 16 (Reuters) - South Korea fired warning shots toward a North Korean vessel that crossed the maritime border on Saturday, South Korea's military said a day after the incident which came amid recent tension over the North's missile tests. The South's Joint Chiefs of Staff (JCS) said it fired warning shots and broadcast warnings to expel a North Korean patrol boat that breached the Northern Limit Line (NLL), the de facto sea boundary, at around 11:00 a.m. on Saturday (0200 GMT Saturday). "Our military maintains decisive battle posture while monitoring the enemy's movements in preparation for potential provocations regarding NLL violations by North Korean patrol boats," the JCS said in a statement on Sunday. During the operations, a South Korean patrol ship came into "minor contact" with a nearby Chinese fishing vessel due to bad visibility, resulting in no safety issues but slight injuries among the South Korean crew, the JCS added. Last October, the two Koreas traded warning shots in the western waters, accusing each other of breaching the sea border in an area where confrontations have often occurred.

☆ India HDFC Bank's net profit jumps 19.8% in January-March
▼ + stars: | 2023-04-15 | by ( ) www.reuters.com time to read: +2 min

MUMBAI, April 15(Reuters) - HDFC Bank Ltd (HDBK.NS), India's largest private lender, on Saturday reported a 19.8% jump in net profit for the January-March quarter, aided by healthy net interest income and robust loan growth. The net profit however missed street estimates. Core net interest margin - a key indicator of bank's profitability - stood at 4.1% on total assets in the reporting quarter. Net NPA ratio was at 0.27% from 0.33% in October-December. Provisions and contingencies fell to 26.85 billion rupees from 33.12 billion rupees last year.

☆ Medvedev happy with run in Monte Carlo despite quarter-final exit
▼ + stars: | 2023-04-15 | by ( ) www.reuters.com time to read: +2 min

Third seed Medvedev lost 6-3 6-4 to Danish teenager Holger Rune at the ATP Masters 1000 event, a day after his comeback victory over Alexander Zverev. "He (Rune) played very well. I could have played a bit better, but if we talk about clay again, I'm not as at ease as he is on clay... We'll see what I do there, but I'm very happy with this tournament in Monte Carlo," Medvedev added. If one day I'm able to become a monster on clay, I'm happy."

☆ Japan convening panel on digital yen as BOJ pilot scheme gets underway
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: +1 min

Central banks around the world have scrambled to develop digital currencies to modernize financial systems and facilitate domestic and cross-border payments. But Japan remains undecided on whether to issue a central bank digital currency (CBDC), and the BOJ has said the pilot programme may last for several years. "We understand the BOJ's study is making a steady headway," a finance ministry official told reporters. "However, we have not at all decided on whether Japan will issue a CBDC." The BOJ and Financial Services Agency will attend the panel sessions as observers.

☆ NHL roundup: Knights wrap up West's No. 1 seed
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: +12 min

Reilly Smith, Alec Martinez and Chandler Stephenson scored for the Golden Knights (51-22-9, 111 points), who closed the regular season with an eight-game points streak (5-0-3). Liam O'Brien led the Coyotes with a pair of goals and Nick Schmaltz and added a goal and an assist. The Stars, who are looking to win a division title for the first time since the 2015-16 campaign, are atop the division. The Bruins set NHL records for most wins and most points in a single season. Tage Thompson scored his 47th goal of the season for Buffalo, which improved to 8-2-1 over its last 11 games.

April 14 (Reuters) - A federal appeals judge in Washington, D.C. is under investigation by her own court for allegedly failing to carry out her duties and refusing to respond to other judges' concerns, court officials at the U.S. Court of Appeals for the Federal Circuit said on Friday. The Federal Circuit acknowledged the probe in a Friday statement. It said court officials "all recognize and admire the lifelong contributions of the justly esteemed Judge Newman," and "are committed to fulfilling their difficult obligations in this process." Federal judges serve lifetime appointments in the United States. The average age of federal appeals court judges was about 65 in 2017, according to a report from the Congressional Research Service.

☆ Take Five: How bad is it?
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: +5 min

China and Britain release key economic data and officials from the Group of Seven nations talk climate goals. 1/ EARNINGS RECESSIONU.S. earnings season goes up a gear and the outlook is gloomy due to the regional banking crisis and the most aggressive monetary policy tightening in decades. Analysts expect Q1 S&P 500 earnings to fall 5.2% from the year-ago period, Refinitiv I/B/E/S data as of April 7 showed. In a sign of which way the authorities want lending rates to head, smaller regional banks have already cut deposit rates. China GDP vs 1-year MLF rate4/ NO ALARMS, NO SURPRISESIt's a big week for UK data, with February jobs figures on Tuesday and March inflation numbers Wednesday.

☆ World Bank steering committee, Yellen urge more reforms at lender this year
▼ + stars: | 2023-04-13 | by ( Andrea Shalal | ) www.reuters.com time to read: +4 min

"They expect the Board of Executive Directors and World Bank Group management to finalize a work plan with detailed actions to be taken," the committee's chair said in a statement. Members underscored their commitment to "ensuring that the World Bank Group has adequate financial capacity to respond to development challenges and support its expanded mission." Yellen said upcoming events could be leveraged to keep momentum strong for the evolution of the World Bank. Malpass told the committee he felt the bank had responded with "vigor and speed" to Yellen's call for reforms. Development Committee members thanked Malpass for his leadership of the WBG during a historically challenging period, including an unprecedented surge in financing in response to multiple crises.

☆ Wes Anderson, Ken Loach among big names competing at Cannes Film Festival
▼ + stars: | 2023-04-13 | by ( Marie-Louise Gumuchian | ) www.reuters.com time to read: +2 min

[1/4] 72nd Cannes Film Festival - Photocall for the film "Sorry We Missed You" in competition - Cannes, France, May 17, 2019. REUTERS/Eric Gaillard/File PhotoApril 13 (Reuters) - Wes Anderson, Ken Loach, Todd Haynes and Wim Wenders are among the directors who will compete for the top prize at next month's Cannes Film Festival, where a spate of Hollywood stars will also premiere their latest works on the famed Croisette waterfront. At a press conference on Thursday, festival director Thierry Fremaux announced the line-up for the 76th edition of major cinema showcase from May 16-27. "It's a competition that will mix young filmmakers competing for the first time with veterans whose names and works we know," Fremaux said. Adventurer Indiana Jones will also return to the festival 15 years since his last appearance in Cannes.

☆ Wes Anderson and Todd Haynes to Compete at Cannes Film Festival
▼ + stars: | 2023-04-13 | by ( Alex Marshall | ) www.nytimes.com time to read: +1 min

Movies by Wes Anderson, Todd Haynes and Ken Loach will compete for the Palme d’Or at this year’s Cannes Film Festival, the event’s organizers announced during a news conference on Thursday. But Martin Scorsese will not compete at the festival, which opens May 16 and runs through May 27. Instead, his eagerly anticipated movie “Killers of the Flower Moon,” which stars Leonardo DiCaprio and is about the murder of Osage Indians in 1920s Oklahoma, will appear out of competition. Thierry Frémaux, Cannes’s artistic director, said during Thursday’s news conference that the festival wanted “Killers of the Flower Moon” to play in competition, but Scorsese had turned him down. The Wes Anderson picture in competition is “Asteroid City,” about a space cadet convention that is interrupted by aliens; Todd Haynes will show “May December” a love story about a young man and his older employer, starring Julianne Moore.

☆ Yellen pushes for 'bold action,' more reforms at World Bank this year
▼ + stars: | 2023-04-12 | by ( Andrea Shalal | ) www.reuters.com time to read: +2 min

WASHINGTON, April 12 (Reuters) - U.S. Treasury Secretary Janet Yellen on Wednesday called for the World Bank to implement further reforms this year to expand its ability to help developing countries meet global challenges such as climate change. Yellen said the changes already approved had sharpened the mission of the World Bank to ensure it was striving to end extreme poverty, boost shared prosperity and build resilience, but more progress and "bold action" was needed. Yellen said the changes were aimed at enhancing the bank’s work so it could better meet 21st century challenges like climate change, fragility and pandemics. Yellen gave no specifics, but said upcoming events could be leveraged to keep momentum strong for the evolution of the World Bank. Outgoing World Bank President David Malpass, who will leave his post on June 1, said the bank had responded with "vigor and speed" to Yellen's call for reforms.

The inflation data came on the heels of last Friday's employment report, which showed a solid pace of job growth in March and the unemployment rate falling back to 3.5%. In Europe, stock markets rose after the U.S. data and the broad STOXX 600 index was last up 0.5% (.STOXX) and holding near one-month highs. BONDS UP, DOLLAR DOWNU.S. bonds yields fell after the CPI numbers. Rate-sensitive two-year Treasury yields were last down 12 basis points at 3.93% , while U.S. 10-year yields fell 6 bps to 3.37%. The dollar fell with an index measuring the U.S. currency against six rivals down 0.4% at 101.72.

REUTERS/StaffApril 12 (Reuters) - World stocks and bond yields stalled on Wednesday as markets anticipated crucial U.S. inflation data which could give signals on how soon the Federal Reserve will end its aggressive rate hikes. Markets were in wait-and-see mode ahead of the data, with the pan-European STOXX 600 index inching up 0.3% by 0820 GMT, while Britain's FTSE (.FTSE) was up 0.6%. Government bond yields were also little moved with benchmark U.S. 10-year Treasury yields unchanged on the day at 3.43%. "We do not assume that the discrepancy between Fed and market expectations will end today or in the near future," Reichelt said. With oil prices rising again and labour market cooling only gradually, risk remains tilted for core inflation to remain elevated for longer," they said.

☆ Asian stocks ease ahead of US inflation data, Fed minutes
▼ + stars: | 2023-04-12 | by ( Ankur Banerjee | ) www.reuters.com time to read: +5 min

The Eurostoxx 50 futures was down 0.16%, German DAX futures up 0.01% and FTSE futures down 0.07%. The consumer price index is expected to show core inflation rose 0.4% on a monthly basis and 5.6% year-over-year in March, according to a Reuters poll of economists. Markets are now pricing in a 66% chance of the Fed raising interest rates by 25 basis points in May and then pausing for the subsequent meetings, according to the CME FedWatch tool. The Fed last month raised interest rates by a quarter of a percentage point, taking it to a range of 4.75% to 5.00%. With oil prices rising again and labour market cooling only gradually, risk remains tilted for core inflation to remain elevated for longer," they said.

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