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☆ Dollar pulls ahead as markets focus on Trump policies, Fed outlook
▼ + stars: | 2024-11-21 | by ( ) www.cnbc.com time to read: +4 min

After stalling for three sessions, the greenback was back on the march higher, with investors lifting the dollar index measure against its key rivals closer to a one-year high of 107.07 hit last week. The dollar has rallied more than 2% since the Nov. 5 U.S. presidential election on bets Trump's policies could reignite inflation and temper the Fed's future rate cuts. The dollar index held steady at 106.56, up from a one-week nadir hit in the previous session. "The Russia-Ukraine conflict is heating up, which is further denting sentiment towards the euro alongside the prospects of trade tariffs," another "bullish cue" for the dollar index given the euro's heavy weighting, City Index's Simpson said. The dollar gave up some gains against the yen, down 0.33% at 154.91 yen , although the Japanese currency remained under pressure.

Persons: Donald Trump's, Matt Simpson, CME's, Michelle Bowman, Lisa Cook, Index's Simpson, Kazuo Ueda, Sterling, bitcoin, Bitcoin Organizations: U.S, Federal Reserve, Wednesday, Storm, ATACMS, Bank of Japan, Bank of England's Locations: Europe, China, Russia, Ukraine, Paris

☆ Asian chip stocks slump as Nvidia's slowing revenue growth worries investors
▼ + stars: | 2024-11-21 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +2 min

Justin Sullivan | Getty ImagesAsian semiconductor-related stocks mostly slumped on Thursday after Nvidia reported an earnings forecast that failed to meet the lofty expectations of some investors. The sentiment has spilled over to Asia, with stocks tied to Nvidia suppliers as well as other chip companies mostly falling. Selloff in AsiaSemiconductor testing equipment supplier Advantest , which counts Nvidia among its clients, dropped as much as 5.6% on Thursday, the largest chip loser on Japan's benchmark Nikkei 225. Taiwan Semiconductor Manufacturing Corp , which manufacturers Nvidia's high-performance graphics processing units, slipped as much as 1.5%. The company has been a key supplier to Nvidia and is building the world's largest manufacturing facility in Mexico for assembling Nvidia's GB200 superchips, a key component of its next-generation Blackwell family computing platform.

Persons: Justin Sullivan, Daniel Newman, CNBC's Organizations: Getty, Nvidia, Futurum, Asia Semiconductor, Nikkei, Advantest Corp, Softbank Group, Taiwan Semiconductor Manufacturing Corp, Hai Precision Industry, Blackwell, SK Hynix, Samsung Electronics Locations: Santa Clara , California, Asia, Selloff, Mexico, South Korea

☆ Japanese manicurist turns sea trash into nail art
▼ + stars: | 2024-11-20 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

Before global leaders take the problem of plastic pollution into their hands this month, Japanese manicurist Naomi Arimoto is putting it into her fingernails. “I became aware of environmental issues the moment I saw with my own eyes just how much plastic waste was in the ocean,” 42-year-old Arimoto said. “I thought it was horrifying.”An estimated 22 million tons of plastic waste is dumped into the environment each year, according to the International Union for Conservation of Nature. Arimoto opened a nail salon in her home in 2018 after a spinal condition forced her to give up her career as a social worker, and she’s been using Umigomi, or “sea trash,” to make nail art since 2021. To turn sea trash into treasure, Arimoto starts by rinsing the plastic in fresh water and then sorting it by color.

Persons: Naomi Arimoto, Arimoto, “, she’s, ”, Kyoko Kurokawa Organizations: International Union for Conservation of Nature, United Nations, Greenpeace Locations: Tokyo, cleanups, “, Busan, South Korea, United States

☆ Seven & i shares surge on report its founding family is raising over $50 billion to take the firm private
▼ + stars: | 2024-11-20 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Shares of 7-Eleven owner Seven & i soared nearly 11% on Wednesday after a report said the company's founding family was raising more than $50 billion to take the company private within this fiscal year. According to a report by Japanese public broadcaster NHK, the founding family will raise over 8 trillion yen ($51.66 billion) from "three Japanese megabanks and major American financial institutions," according to a Google translation of the report in Japanese. Should this acquisition go through, it will be the largest buyout of a Japanese company to date, NHK said. Seven and i said "no decision has been made regarding a proposed deal with Junro Ito, Ito Kogyo, ACT [Alimentation Couche-Tard] or other third parties at this time," Reuters reported. Junro Ito is Seven & i's vice president and the son of late Masatoshi Ito, founder of Seven & i. Ito-Kogyo is a company affiliated with the vice president, and is Seven and i's second-largest stakeholder with an 8.2% stake.

Persons: Junro Ito, Ito Kogyo, Masatoshi Ito, Ito, Tard Organizations: NHK, Seven, ACT, Reuters

☆ Ford cuts 4,000 jobs in Europe amid weak demand for EVs and rising competition
▼ + stars: | 2024-11-20 | by ( Chris Johnston | ) www.businessinsider.com time to read: +2 min

AdvertisementFord is cutting 4,000 jobs in Europe after "significant losses" in its passenger vehicle operations. The company also cited rising competition and weaker-than-expected demand for EVs. Ford CFO John Lawler called for joint industry action in a letter to the German government. Ford said it would cut 4,000 jobs in Europe by the end of 2027 amid rising competition and weaker-than-expected demand for EVs. Earlier this month, Japanese automaker Nissan announced 9,000 layoffs and a 20% cut in global production amid falling sales in the US and China.

Persons: John Lawler, Ford, Dave Johnston, Lawler Organizations: Ford, General Motors, Nissan, Dodge Locations: Europe, Germany, Cologne, EVs, Detroit, China

☆ Japan exports rise more than expected in October, rebounding from 43-month low
▼ + stars: | 2024-11-20 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Japan's exports posted a 3.1% rise in October compared to a year ago, rebounding from a fall in September that marked a 43-month low. The climb beat expectations of a 2.2% rise from economists polled by Reuters, and is a reversal from the 1.7% fall in September. Government data showed that Japanese exports increased the most to the Middle East region, recording a 35.4% rise, compared to the same period a year ago. He added: "Any escalation of tensions between the U.S. and China on tariffs and trade is likely to weigh upon global trade and global growth. Japan, as an open and cyclical economy, will be impacted by any deterioration in global trade and the global economy."

Persons: September's, Daniel Hurley, Rowe Price, Donald Trump's Organizations: Reuters, U.S, Trump Locations: Yokohama, Japan, East, China

☆ Four trades working this morning amid rising geopolitical tensions
▼ + stars: | 2024-11-19 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Geopolitics are raining on the stock market's parade, but other trades are working. U.S. stock futures fell Tuesday as tensions between Ukraine and Russia intensified. S & P 500 and Nasdaq-100 futures shed 1.1% each. That said, four trades are holding up against this backdrop: Gold futures rallied nearly 1% to around $2,640 per ounce. If geopolitical pressure continues to rise, the four trades above could outperform as 2024 wraps up.

Persons: Vladmir Putin, —, DAX, Treasurys, Vladimir Putin's, Peter Boockvar, Cory Kasimov, Robert F, Kennedy Jr, Kasimov Organizations: Dow Jones Industrial, Nasdaq, Global, France's CAC, Bleakley Financial, ISI, Department of Health, Human Services Locations: Ukraine, Russia, Russian, U.S, Europe

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Persons: Big, Read Organizations: Business Locations: Big

☆ Japanese Yen will strengthen in 2025 against the dollar as BOJ normalizes interest rate: Strategist
▼ + stars: | 2024-11-19 | 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 EmailJapanese Yen will strengthen in 2025 against the dollar as BOJ normalizes interest rate: StrategistRobert Savage of BNY discusses the outlook for Japanese Yen in 2025 and FOMC meeting in December.

Persons: Robert Savage, BNY Organizations: Yen

☆ New Vogue exhibition on runway shows reveals how this humble walkway changed fashion forever
▼ + stars: | 2024-11-19 | by ( Leah Dolan | ) edition.cnn.com time to read: +8 min

And if you did miss them, both these revolutionary runways are part of a new London exhibition, “Vogue: Inventing the Runway,” at the Lightroom. Projected onto the venue’s 39-foot-high walls, a mixture of backstage and runway footage transports viewers into the epicenter of fashion history. Alexander McQueen's Spring-Summer 1999 show, featuring a duo of spray-painting robots, has gone down in fashion history. Coco Chanel would watch the her own fashion shows from the mirrored staircase in her apartment building in Paris. The Vogue exhibition at the Lightroom chronicles the history of the runway, using backstage and runway footage to immerse the audience.

Persons: you’re, Alexander McQueen’s, Chanel, ”, Chioma Nnadi, “, Alexander McQueen's, Paul Vicente, John Galliano’s, Margiela, ’ Pont Alexandre III, Saint Laurent’s, Bella Hadid’s, Alex Consani strutting, Pharrell Williams, Louis Vuitton, Julien De Rosa, Charles Fredrick Worth, ” Dr, Kate Strasdin, dressmakers, Lucy, Lady Duff, Gordon, ‘, I’ve, ’ ”, Karl Lagerfeld, David Fisher, ” Strasdin, Gabrielle “ Coco ” Chanel, tucking, — Marie, Kate, Ashley Olsen’s, Coco Chanel, Karl Lagerfeld’s, “ Voss, Anna Wintour’s, Justin Sutcliffe, McQueen, Dior —, Nnadi, It’s Organizations: London CNN, Vogue, British Vogue, Getty, England’s Falmouth University, CNN, “ Locations: ”, British, Saint, Paris, Pont, Pont Neuf, AFP, Worth, New York

☆ Nvidia must show Blackwell chip can drive growth in earnings report
▼ + stars: | 2024-11-19 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Future growth will have to come from Blackwell, its next-generation chip that has just started shipping to end-users such as Microsoft , Google and OpenAI. More important than Nvidia's third-quarter results will be what the company says about demand for the Blackwell chip. In August, Nvidia said it expected about "several billion" in Blackwell sales during the January quarter. Nvidia reported 122% growth in sales in the most-recent quarter. That was lower than the 262% year-over-year growth it reported in the April quarter and the 265% growth in the January quarter.

Persons: Jensen Huang, Frank Lee, Lee, Blackwell, Raymond James, Srini Pajjuri, ChatGPT, LSEG, Huang Organizations: Nvidia, HSBC, Microsoft, Google, Blackwell, Nintendo Locations: Vilhelm, Kastrup, Denmark, NVDA

Russian President Vladimir Putin speaks during a plenary session of the Valdai Club on Nov. 7, 2024 in Moscow, Russia. Contributor | Getty Images News | Getty ImagesGlobal stocks fell and investors fled to safe-haven assets on Tuesday, as global markets reacted to escalating tensions between the world's two largest nuclear powers: Russia and the U.S. The pan-European Stoxx 600 stock index was down almost 1% at 12:23 p.m. London time, hitting 498.56 points — its lowest level since August. The declines come after Russian President Vladimir Putin amended Russia's nuclear doctrine that outlines the conditions that would prompt Moscow to deploy its nuclear arsenal, Russian state news agency Tass reported Tuesday. In currency markets, the Japanese yen rose 0.7% and 0.36% against the euro and U.S. dollar respectively at 12:26 a.m. London time.

Persons: Vladimir Putin, Dmitry Peskov, USDJPY, Wells, Erik Nelson, Putin, Tiffany McGhee, CNBC's, Ice Brent Organizations: Valdai, Getty, U.S, Dow Jones, Nasdaq, Russian Federation, NBC News, Swiss, CNBC, U.S ., NATO, White, Kremlin, Russian Defense Ministry, Kyiv, NBC, Ukrainian, Staff of, Armed Forces, Ice Locations: Moscow, Russia, London, U.S, Republic of Belarus, Russian, Ukraine, Kyiv, Soviet, Bryansk, America

☆ Sony in talks to buy media powerhouse behind 'Elden Ring,' Reuters reports
▼ + stars: | 2024-11-19 | by ( ) www.cnbc.com time to read: 1 min

The Sony logo is displayed outside the company's headquarters in Tokyo, Japan February 16, 2023. Sony is in talks to acquire Kadokawa, the Japanese media powerhouse behind the "Elden Ring" game, two sources familiar with the matter said, as the technology giant looks to add to its entertainment portfolio. The talks between the two sides are ongoing and, if successful, a deal could be signed in the coming weeks, the sources said. Sony already has a 2% stake in Kadokawa and a stake in Kadokawa subsidiary FromSoftware, the developer of the hit fantasy role-playing game. The fantasy title is a collaboration between veteran game director Hidetaka Miyazaki and "Game of Thrones" author George R.R.

Persons: Kadokawa, Hidetaka Miyazaki, George R.R, Martin Organizations: Sony, Kadokawa, FromSoftware Locations: Tokyo, Japan

☆ North Korea's Kim Jong Un urges improved military capabilities for war
▼ + stars: | 2024-11-18 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

North Korean leader Kim Jong Un urged the country’s military to improve capabilities for fighting a war in a speech last week, state media KCNA said on Monday, after Pyongyang dispatched thousands of troops to Russia. The report came amid international criticism over rapidly developing military cooperation between North Korea and Russia. Washington, Seoul and Kyiv have said there are more than 10,000 North Korean soldiers in Russia to support its war against Ukraine, and some of them have engaged in combat in Kursk, near the Ukraine border. Biden’s administration has allowed Ukraine to use U.S.-made weapons to strike deep into Russia, sources told NBC News, marking a significant policy reversal and a response to Russia’s deployment of North Korean ground troops. Ukrainian President Volodymyr Zelenskyy has said that North Korean troops had suffered casualties in combat with his country’s forces, and the first battles between them "open a new page in instability.”

Persons: Kim Jong Un, KCNA, Kim, ”, “, ” KCNA, Alexander Kozlov, Joe Biden, Yoon Suk Yeol, Shigeru Ishiba, Volodymyr Zelenskyy Organizations: Korean, Ukraine, National Resources and Ecology, South, Economic Cooperation, NBC Locations: Pyongyang, Russia, United States, South Korea, North Korea, Washington, Seoul, Kyiv, Kursk, Ukraine, Russian, Asia, Peru, Korean

☆ Dollar sitting pretty, yen bears wary of Bank of Japan hawks
▼ + stars: | 2024-11-18 | by ( ) www.cnbc.com time to read: +3 min

Yen bears were tense in case Bank of Japan Governor Kazuo Ueda used a speech later Monday to flag a possible rate hike in December, in part due to the weakness of the currency. Markets imply around a 55% chance of a quarter-point rate hike to 0.5% when the BOJ meets on Dec. 19. Against a basket of currencies the dollar held at 106.730, having touched a one-year top of 107.07 on Friday. The rally has coincided with a savage swing in 10-year Treasury yields, which have climbed 70 basis points since the start of October, fuelling a 5.4% rise in the U.S. dollar index . Analysts generally assume Trump's touted policies of tariffs, reduced immigration and debt-funded tax cuts will be inflationary, so limiting the scope for further rate cuts by the Federal Reserve.

Persons: Kazuo Ueda, Ueda, Donald Trump's, Katsunobu Kato, Jonas Goltermann, Trump, Howard Lutnick, Cantor Fitzgerald, Scott Bessent Organizations: Bank of Japan, U.S, Japanese Finance, Capital Economics, Trump, Federal Reserve, Central Bankers Locations: U.S, Japan, Canada

☆ ‘Doomsday fish:’ A rare oarfish returns to California shores for the second time this year
▼ + stars: | 2024-11-18 | by ( Dawn Sawyer | ) edition.cnn.com time to read: +4 min

CNN —The elusive deep-water oarfish – considered to be a harbinger of bad news – was spotted yet again on the shores of Encinitas, California. “We took samples and froze the specimen awaiting further study and final preservation in the Marine Vertebrate Collection,” Ben Frable, manager of the Scripps Oceanography Marine Vertebrate Collection, said in the post. “Like with the previous oarfish, this specimen and the samples taken from it will be able to tell us much about the biology, anatomy, genomics and life history of oarfish,” Frable said in the post. The fish was found in good condition according to the release, and it was taken in for examination and preservation to become a part of the organization’s Marine Vertebrate Collection. “It may have to do with changes in ocean conditions and increased numbers of oarfish off our coast,” Frable said.

Persons: Alison Laferriere, ” Ben Frable, ” Frable, ” Scripps, Santa Ana, ”, Dahiana Organizations: CNN, Scripps Institution of Oceanography, University of California, Scripps, National Oceanic, Atmospheric Administration Fisheries Service, Southwest Fisheries Science, Scripps Oceanography, Obscura, Ocean Conservancy, GeoScience Locations: Encinitas , California, Grandview Beach, San Diego, Japan’s, Japan, Ocean, La Jolla, Huntington Beach, Santa

☆ Meet the top 4 candidates Trump is considering for Secretary of the Treasury
▼ + stars: | 2024-11-18 | by ( Matthew Loh | ) www.businessinsider.com time to read: +8 min

AdvertisementLast week, Trump was said to be deciding between two leading candidates for Treasury Secretary. Here are the top picks Trump is reportedly now considering for Secretary of the Treasury. Kevin WarshKevin Warsh, center, is rising as one of the candidates for Trump's Treasury Secretary. AdvertisementMarc RowanMarc Rowan isn't said to be actively lobbying for Treasury Secretary, but his aides have reportedly been in touch with the Trump administration. Drew Angerer/Getty ImagesBessent, 62, was one of the original frontrunners for Trump's Treasury Secretary.

Persons: Trump, Kevin Warsh, Marc Rowan, Donald Trump, Robert F, Kennedy Jr, Florida Sen, Marco Rubio, Janet Yellen, he's, it's, Kevin Warsh Kevin Warsh, Tasos Katopodis, Warsh, Morgan Stanley, George W . Bush, Axios, Jerome Powell, Marc Rowan Marc Rowan isn't, PETER, Getty Images Rowan, Rowan, Rowan isn't, Howard Lutnick Howard Lutnick, ANGELA WEISS, Cantor Fitzgerald, Lutnick, Linda McMahon, He's, Vance, Elon Musk, Musk, Scott Bessent Scott Bessent, Drew Angerer, Bessent, George Soros, Soros, Breitbart, Kamala Harris, Joe Biden's, MAGA Organizations: Treasury, White, Department of Health, Human Services, State Department, Trump, Street, New York Times, Trump's, Federal Reserve Board, Getty Images, Apollo Global Management, Apollo, Times, Bloomberg, Madison, Garden, AFP Lutnick, WWE, Hamptons, Apple, World Trade, Key, Capital Management, Reuters Locations: Florida, America, Lago

☆ USS Edsall: Wreck of US Navy’s heroic ‘dancing mouse’ WWII warship found off Australia
▼ + stars: | 2024-11-17 | by ( Brad Lendon | ) edition.cnn.com time to read: +5 min

Known as the “dancing mouse” due to its slippery movements in that final, fatal fight with the Imperial Japanese Navy, the destroyer USS Edsall went down off the coast of Australia in 1942, under the command of Lt. Joshua Nix. Speaking alongside Kennedy, Australia’s chief of navy, Vice Adm. Mark Hammond, said the wreck was found with the help of advanced hydrographic survey capabilities aboard naval support ship MV Stoker. “Nix’s position was hopeless from the moment Edsall was sighted,” Cox wrote. At least one hit Edsall, and the ship began to lose its ability to maneuver. The discovery highlighted the current AUKUS partnership, between the US, Australia and the United Kingdom, she said.

Persons: Edsall, Joshua Nix, “ Joshua Nix, Australia Caroline Kennedy, Kennedy, Australia’s, Mark Hammond, Stoker, Hammond, Chuichi Nagumo, ”, Samuel Cox, EDSALL, – Edsall, ” Cox, Nix, Cox, “, ‘ Don’t, Don’t, Lisa Franchetti, Trent Hone, Edsall’s, Franchetti, ” Franchetti Organizations: Hong Kong CNN, US Navy, Pacific, Imperial Japanese Navy, Heritage Command, U.S . Navy, U.S . Army Air Force, US Locations: Hong Kong, Australia, Christmas, –, Japan, Sulawesi, Indonesia, United Kingdom

I’m tripping over their bodies,” said Sydney Seiler, the U.S. national intelligence officer for North Korea from 2020 to 2023. “Kim Jong Un is selling North Korean soldiers as cannon fodder mercenaries,” South Korean Defense Minister Kim Yong-hyun said last month. It’s an entirely new environment for the North Korean soldiers, who live in one of the most isolated and repressive countries in the world. The Russian military is teaching the North Korean soldiers about 100 key military terms, but “North Koreans are having a difficult time learning Russian,” South Korean lawmakers Lee Sung-kwon and Park Sun-won said last month. North Korean soldiers’ inexperience could be another point of friction and a major factor in how they are deployed.

Persons: Kim Jong Un, Vladimir Putin, Putin, ”, Sydney Seiler, Seiler, Gavriil, Joe Biden, Yoon Suk Yeol, Shigeru Ishiba, Kim, “ Kim Jong, Kim Yong, hyun, John Hardie, Lee Sung, Bruce Bennett, ” Hardie, Bennett, ” Bennett, Edward Howell, “, ” Howell, Stella Kim Organizations: Ukraine, North, NBC News, U.S, The State Department, Korea’s National Intelligence Service, NBC, Center for Strategic, International Studies, Getty Images, Economic Cooperation, South Korean Defense, Pentagon, Politico, South Korea’s National Intelligence Service, North Korean, South Korean National Intelligence Service, AFP, Getty, Korean, Battalion, Russian Ministry of Defense, Foundation for Defense of Democracies, South, Sun, Rand Corp . Communication, Chatham House Locations: SEOUL, South Korea, Ukraine, Moscow, Russia, U.S, North Korea, Russian, Kursk, Korean, Korea, Washington, Pyongyang, Getty Images North Korea, South, Asia, Lima , Peru, The U.S, California, Ukrainian, London, Seoul, Hong Kong

☆ I drove a $42,000 Mazda CX-50 Hybrid. It's one of the best small SUVs I've ever tested.
▼ + stars: | 2024-11-16 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: 1 min

AdvertisementThe Mazda CX-50 Hybrid is the latest entrant to the hyper-competitive compact SUV market. With one out of every five cars sold in the US this year being a compact SUV, an automaker's ability to compete in the segment is crucial to its success. Related VideoUnlike most brands, Mazda is taking on the competition with a two-headed monster consisting of its long-serving CX-5 and the recently introduced CX-50. For 2025, the Japanese automaker is adding a weapon to its arsenal with the introduction of the new CX-50 Hybrid. This will finally allow the brand to compete with established hybrid offerings like the Toyota RAV4 Hybrid, Honda CR-V Hybrid, and Hyundai Tucson Hybrid.

Persons: smartly Organizations: Mazda, Toyota, Honda, Hyundai Tucson

☆ During meeting with Biden, China's Xi cautions the U.S. to 'make the wise choice' to keep relations stable
▼ + stars: | 2024-11-16 | by ( ) www.cnbc.com time to read: +7 min

U.S. President Joe Biden meets with China's President Xi Jinping on the sidelines of the APEC Summit in Lima, Peru, on Nov. 16, 2024. Biden was expected to urge Xi to dissuade North Korea from further deepening its support for Russia's war on Ukraine. In front of the cameras Saturday, Xi spoke to Biden — but it was unmistakable that his message was directed at Trump. After he was greeted by Xi, Biden ignored shouted questions from reporters on his concerns about the incoming Trump administration as well as North Korea. Biden is looking for Xi to step up Chinese engagement to prevent an already dangerous moment with North Korea from further escalating.

Persons: Joe Biden, Xi Jinping, Donald Trump, Xi, Biden, haven't, We've, Trump, Warby Parker, Steve Madden, Kamala Harris, Jake Sullivan, Yoon Seok Yul, Shigeru Ishiba, Kim Jong, Pyongyang's, Kim Organizations: APEC, U.S, Economic Cooperation, U.S ., China -, Conference Center, Nike, Trump, White House, FBI, Ukraine, South, North, The North Locations: Lima , Peru, Beijing, U.S, Asia, China, North Korea, Ukraine, Lima's, Northern California, Russia, Taiwan, Moscow, United States, Russia's Kursk, Pyongyang, The, The North Koreans, Japan, South Korea, Xi, Peru

☆ As sources say Trump could deport undocumented Chinese first, Asian American groups rush to prep
▼ + stars: | 2024-11-15 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +6 min

Asian American organizations say they are scrambling, but not completely surprised, over President-elect Donald Trump’s campaign promise of mass deportations. Bethany Li, executive director of the Asian American Legal Defense and Education Fund, said that the targeting of the Chinese community has long been foreshadowed. We saw this post-9/11 with Muslim and South Asian men being detained and some deported.”A spokesperson for the Trump campaign did not respond to a request for comment. “It’s another way of casting our community as an enemy,” Li said of Trump’s immigration platform. With questions looming over the implementation of Trump’s campaign promises, Yoo said that it’s important for vulnerable communities to stand in solidarity.

Persons: Donald Trump’s, Trump, Bethany Li, “, ”, “ They’re, ” Trump, ” Jo, Ann Yoo, Yoo, “ We’ve, ” Yoo, I’ve, ’, Li, ” Li, Biden, Liu Pengyu, ” Liu, “ We’re Organizations: NBC, Asian American Legal Defense, Education Fund, China Initiative, Biden, Asian American Federation, Immigration, Migration Policy Institute, Trump, Embassy, Washington , D.C, NBC News Locations: China, United States, New York, U.S, Washington ,, “ China

☆ Hennessy Japan Fund's Masa Takeda on the top Japanese stocks investors should watch
▼ + stars: | 2024-11-15 | 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 EmailHennessy Japan Fund's Masa Takeda on the top Japanese stocks investors should watchMasa Takeda, portfolio manager at Hennessy Japan Fund, joins CNBC's 'Power Lunch' to discuss why he's bullish on Japan, what president-elect Trump's proposed tariffs could mean for Japanese companies, and more.

Persons: Hennessy, Fund's Masa Takeda, Masa Takeda, Trump's Organizations: Hennessy Japan Fund Locations: Japan

☆ Dollar eyes weekly gain on slower Fed easing, inflation outlook
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: +4 min

The euro was in turn on track for its worst weekly performance in seven months with a fall of 1.75%. Sterling traded 0.02% lower at $1.2666 and was similarly set to lose 2% for the week, its worst weekly fall since January 2023. Higher trade tariffs and tighter immigration under President-elect Trump's incoming administration are projected to fuel inflation, potentially slowing the Fed's easing cycle longer term. The yen was last 0.2% lower at 156.57 per dollar, on track for a weekly decline of 2.5%. Elsewhere, the Australian dollar eased 0.06% to $0.6450 and was set to lose just over 2% for the week, its worst weekly performance in four months.

Persons: Donald Trump's, Sterling, Jerome Powell, Carol Kong, CBA's, bitcoin, Joshua Chu Organizations: Traders, Commonwealth Bank of Australia, U.S ., Treasury, New Zealand, Hong Kong Web3 Association Locations: U.S, CBA's Kong

☆ Japanese Princess Yuriko, oldest member of imperial family, dies at 101
▼ + stars: | 2024-11-15 | by ( Associated Press | ) edition.cnn.com time to read: +2 min

Tokyo (AP) — Japanese Princess Yuriko, the wife of wartime Emperor Hirohito’s brother and the oldest member of the imperial family, has died after her health deteriorated recently, palace officials said. Yuriko died Friday at a Tokyo hospital, the Imperial Household Agency said. Imperial Household Agency/APThe 1947 Imperial House Law, which largely preserves conservative prewar family values, allows only males to take the throne and forces female royal family members who marry commoners to lose their royal status. She enjoyed exercise in the morning while watching a daily fitness program on television, the Imperial Household Agency says. Her overall condition deteriorated over the past week, the Imperial Household Agency said.

Persons: Yuriko, Emperor Hirohito’s, Prince Mikasa, Hirohito, Emperor Naruhito, Princess Yuriko, Prince Hisahito —, Emperor Naruhito — Organizations: Tokyo, Imperial Household Agency, Law Locations: Tokyo

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