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☆ What’s really going on with bank stocks
▼ + stars: | 2024-02-02 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +4 min

Word quickly spread on Wall Street that the regional bank was under pressure, igniting a bout of selling of other bank stocks over fears of contagion. The KBW Regional Banking Index closed down 6% on Wednesday. Unlike many fellow regional banks, it held on to the vast majority of its deposits. He also highlighted that the banks’ losses were tied to faulty office building loans. The selloff that hit other regional bank stocks is “likely overdone given idiosyncratic factors tied to NYCB,” Bank of America analysts said in a note on Thursday.

Persons: Zions, NYCB, Thomas Cangemi, Chris Marinac, Janney Montgomery Scott, CNN he’s, ”, ” NYCB, That’s, It’s, isn’t, ” Marinac, “ Organizations: New, New York CNN, Federal Reserve, New York Community Bancorp, Western Alliance Bancorp, York Community Bancorp, Bank, CNN, ” Bank of America, Aozora Bank, First Republic, Valley Bank Locations: New York, ZION, York

☆ The US, Russia and China are in a race to dominate new-wave nuclear energy — and win global influence
▼ + stars: | 2024-02-01 | by ( Angela Dewan | Ella Nilsen | ) edition.cnn.com time to read: +12 min

Russia's floating nuclear power plant, Akademik Lomonosov, leaving the service base Rosatomflot on August 23, 2019. For some experts, nuclear energy — in all forms, large or small — has an important role to play in that transition. Globally, the construction of conventional nuclear power plants dipped following the Chernobyl meltdown in 1986. Russia has already built or designed nuclear plants — the traditional type — for China, India, Bangladesh, Turkey, Slovakia, Egypt and Iran. “It certainly dampens the excitement abroad,” said John Parsons, a senior lecturer at MIT and a financial economist focused on nuclear energy.

Persons: Akademik Lomonosov, Biden, Lomonosov, Maxim Shemetov, “ There’s, ”, Josh Freed, China —, Vladimir Putin’s, Bill Gates ’, Luo Yunfei, Kirsten Cutler, they’re, Cutler, ” Cutler, They’re, John Parsons, John Kerry, Thomas Mukoya, Way’s Freed, “, ” Parsons, Mohammed Hamdaoui, ” Hamdaoui, “ It’s Organizations: CNN, Reuters, European Union, International Energy Agency, Energy, World Nuclear, IEA, US, SMR, US Export, Import Bank, International Development Finance Corporation, GE Hitachi Nuclear Energy, China, Changjiang, China News Service, Nuclear Energy, US State Department, “, MIT, InfluenceMap, The State Department, Nuclear Regulatory Commission, NRC, Rystad Energy Locations: Alaska, Russian, Russia, China, European, Japan, India, South Korea, Europe, Dubai, America, Poland, North Carolina, Southeast Asia, Bangladesh, Turkey, Slovakia, Egypt, Iran, Lomonosov, Siberia, Russia’s, Washington, Bill Gates ’ TerraPower, Wyoming, Changjiang Li Autonomous County, Hainan province, United States, Oregon, Idaho, United Arab Emirates

TOKYO (AP) — Data from a Japanese auto industry association show that China overtook Japan as the world’s largest vehicle exporter last year. The Japan Automobile Manufacturers Association reported Japan exported 4.42 million vehicles in 2023, up 16% from a year earlier, while domestic auto sales totaled nearly 4.78 million vehicles. According to figures released earlier by the China Association of Automobile Manufacturers, China exported 4.91 million vehicles last year. Japan’s car exports totaled 4.2 million in 2022. Overall, auto sales in Japan have been mostly on the decline since 2000.

Organizations: TOKYO, Japan Automobile Manufacturers Association, China Association of Automobile Manufacturers, Toyota Locations: China, Japan

☆ Banks are being rocked again as real estate losses mount
▼ + stars: | 2024-02-01 | by ( Anna Cooban | ) edition.cnn.com time to read: +5 min

The regional lender set aside $552 million in the fourth quarter to absorb loan losses, up from $62 million in the previous quarter. The increase was driven partly by expected losses on a loan used to finance an office building, it said. ET as shares in NYCB, as well as other regional banks, suffered sharp losses. Much bigger players are girding themselves for losses linked to commercial real estate. Europe’s benchmark Stoxx Europe 600 Banks index, which tracks 42 big EU and UK banks, is up 23% since a low in late March.

Persons: Thomas Cangemi, Brendan McDermid, Julius Baer, Philipp Rickenbacher, Arnd Wiegmann, Reuters Philip Lawlor, ”, “, ” Lawlor, CNN’s Matt Egan Organizations: London CNN, Credit Suisse, New York Community Bancorp, New York Stock Exchange, Japan’s Aozora Bank, Federal Reserve, ”, CNN, Signa Group, Chrysler, Reuters, Deutsche Bank, Bank, Suisse —, UBS, Wilshire Indexes, KBW Locations: Europe, New York, Tokyo, Zurich, California, Republic, NYCB, Banc, Swiss, Austrian, Switzerland

HONG KONG (AP) — Asian stocks were mixed Wednesday as markets awaited a decision on interest rates by the Federal Reserve, while China reported manufacturing contracted in January for a fourth straight month. South Korea’s Kospi shed 0.1% to 2,497.09 after Samsung Electronics reported reported an annual 34% decline in operating profit for the last quarter. Its revenue fell short of Wall Street’s estimates, and it also gave a forecast for full-year revenue in 2024 that was weaker than expected. Treasury yields were also mixed in the bond market following reports that showed the economy remains stronger than expected. The Federal Reserve began its latest policy meeting on interest rates Tuesday, but virtually no one expects it to cut rates this time.

Persons: Seng, India’s Sensex Organizations: Federal Reserve, Nikkei, Samsung Electronics, PMI, Reserve Bank, Dow Jones Industrial, Nasdaq, Whirlpool, General Motors, Treasury, Traders, New York Mercantile Exchange, Brent, U.S Locations: HONG KONG, China, Shanghai, U.S

TOKYO (AP) — Japanese transport officials raided a Toyota-affiliated plant Tuesday after the company admitted to cheating on engine testing, as Toyota Motor Corp. reported it sold over 11 million vehicles in 2023 to retain its status as the world’s top car manufacturer. In April, a whistleblower exposed that Daihatsu Motor Corp., which makes small cars and is 100% owned by Toyota, had been cheating on its testing for decades. In 2022, Hino Motors, a truck maker that’s also part of the Toyota group, said it had systematically falsified emissions data dating back as far as 2003. But production has been halted on some of the models, including the 10 models affected by the latest cheating. Sato has acknowledged Toyota group companies need better communication and education about the importance of complying with rules.

Persons: Akio Toyoda, ” Toyoda, Toyoda, Sakichi Toyoda, Kiichiro Toyoda, Akio’s, Koji Sato, that’s, Sato, Daisuke Uchida, ” Uchida, “, ” ___ Yuri Kageyama Organizations: TOKYO, Toyota, Toyota Motor Corp, Toyota Industries Corp, Lexus, Volkswagen AG, Reporters, Daihatsu Motor Corp, Hino Motors, Nikkei, Toyota Industries, Cruiser, General Motors Co, Pontiac, Keio University Locations: Hekinan, Aichi Prefecture, Japan, Nagoya, Tokyo, Europe, East, Africa, Asia, North America, United States, California

☆ Foreign-born residents in Japan sue the government for alleged racial profiling
▼ + stars: | 2024-01-30 | by ( Jessie Yeung | Saki Toi | ) edition.cnn.com time to read: +4 min

Tokyo CNN —Three foreign-born residents in Japan are suing the country’s government over alleged racial profiling, highlighting an ongoing debate about Japanese identity and nationality. The three plaintiffs, all residents of Tokyo, filed the lawsuit in the Tokyo National Court and held a news conference with their lawyers on Monday, according to public broadcaster NHK. One plaintiff came to Japan from India after marrying his wife, and has lived there for more than 20 years, NHK reported. Since then, he has been repeatedly stopped and questioned by police officers on the street, sometimes twice a day. The third plaintiff is an American-born man who said he hoped to raise awareness of the issue among the Japanese population, according to Reuters.

Persons: “, ”, Philip Fong, Nissin, Naomi Osaka –, Karolina Shiino Organizations: Tokyo CNN —, Tokyo National Court, NHK, Aichi, Reuters, Court, Getty, CNN, Pew Locations: Japan, Tokyo, India, Pakistani, American, AFP, Aichi, Nagoya

☆ Dream of the Desert: Saudi Arabia is launching its own luxury train
▼ + stars: | 2024-01-29 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +7 min

State-owned railway company Saudi Arabia Railways (SAR) recently struck a 200 million Saudi riyals ($53.33 million) deal with Italian hospitality company Arsenale Group to launch the first luxury train in the Middle Eastern kingdom. The destination has made a number of high-profile tourism investments in recent years – a $500 billion model city in the desert of northwest Saudi Arabia among them. Now Saudi Arabia is getting on board with the slow travel movement in a big way by moving into the luxury train market. Arsenale S.P.A./Saudi Arabia RailwaysSaudi Arabia’s decision to enter the luxury train market comes as demand for high-speed trains and luxury “rail cruises” continues to increase around the world. Infrastructure investmentA rendering of Dream of the Desert, which will be the first luxury train in the Middle Eastern kingdom.

Persons: Paolo Barletta, ” Barletta, S.P.A, Joe Biden, Dolce, ”, Luigi Corradi, King, Khalid al, Falih, Arsenale S.P.A, Bashar bin Khaled Al Malik, Al Malik, CNN’s Lilit Marcus, Ben Jones Organizations: CNN, State, Saudi Arabia Railways, Saudi, Arsenale Group, SAR, Saudi Arabia Railways Saudi, Reuters, “ Orient, Accor, Ferrovie dello Stato, Speed Railway, King Abdulaziz International, Saudi Arabia’s Investment, Projects, Saudi Railway Company, Orient Express, Orient Locations: Saudi Arabia, Saudi, Arabia’s, Riyadh, Qurayyat, Jordan, Hail, Italy, France, Italy’s, Mecca, Medina, Jeddah, Venice, London, Kyushu

☆ Odawara: Japanese castle town invites travelers to become ‘daimyo’ for a day
▼ + stars: | 2024-01-29 | by ( Julian Ryall | ) edition.cnn.com time to read: +9 min

Simon Celestine arrived at Odawara castle as a tourist from France but he is now lord of one of the most impressive feudal-era fortresses in Japan – if only for a day. Odawara Tourism AssociationOdawara has been selected as one of the first recipients of government assistance to tell its story and local tourism authorities have been busy devising initiatives that play on its strengths. Five generations of the Hojo clan made Odawara castle one of the most formidable in the country and it was never successfully stormed in battle. Odawara Tourism AssociationThe innermost courtyard is across another bridge over a moat, up a flight of steep steps and through a gate set into a two-meter-thick wall. The “Lord of the Castle” experience can be booked through the official Odawara Tourism Association website.

Persons: Simon Celestine, Hojo, Naoya Asao, ” Celestine, ”, Toyotomi Hideyoshi, Hideyoshi, Meiji, Celestine, Tomomi Iwayama, Iwayama, sashimi Organizations: CNN, Japan CNN, Odawara Tourism, Odawara, Odawara Tourism Association, CNN Travel Locations: Odawara, Japan, France, Tokyo, Kyoto, Osaka, Hakone, Izu, Sagami Bay, Mount Fuji, Edo, Kanto

☆ Japan’s ‘Moon Sniper’ robot explorer resumes operations on lunar surface
▼ + stars: | 2024-01-29 | by ( Hanako Montgomery | ) edition.cnn.com time to read: +2 min

Tokyo CNN —Japan’s “Moon Sniper” robotic explorer is back in action, the country’s space agency said Monday, after a power issue forced the spacecraft to shut down upon landing on the moon 10 days ago. The agency shut off the lunar explorer to conserve its battery, saying it would automatically be restarted if its solar panel began generating power as the angle of the moon changed. Its mission can be considered at least a “minimum success” because it achieved a precise and soft lunar landing using optical navigation, the agency has said. Multiple space agencies and countries have attempted moon landing missions over the past year, leading to a historic first as well as some failures. The new lunar space race is partly driven by countries’ desire to access water trapped as ice in permanently shadowed regions at the lunar south pole.

Persons: “, Smart Lander, SLIM, China — Organizations: Tokyo CNN, Japan Aerospace Exploration Agency, JAXA, Soviet Locations: Japan, , India, United States, Soviet Union, China

A Toyota unit used software to measure horse power output that made “values appear smoother with less variation,” Toyota, the parent company, said in a statement. The vehicles “meet engine output standards,” and there is no need to stop using the engines or vehicles, the company said. The company named the affected models and engines, but did not say how many vehicles it would stop shipping. Still, Toyota decided to stop shipping the 10 models that use three diesel engines at issue. Then, it reported that Japan’s government was investigating Daihatsu, the subsidiary, for safety problems that dated back decades.

Organizations: Toyota, Daihatsu Locations: United States

TOKYO (AP) — Toyota chief Koji Sato apologized Monday to customers, suppliers and dealers for flawed testing at a group company, following a series of similar problems in recent years. The apology came a day before Chairman Akio Toyoda is to announce a “global vision” for the Toyota Motor Corp. group. The latest woes at Japan’s top automaker involve testing required for Japanese government approval at Toyota Industries Corp., which makes diesel engines. In 2022, Hino Motors, a truck maker that’s also part of the Toyota group, said it had systematically falsified emissions data dating back as far as 2003. They include the Land Cruiser and Hilux sport utility vehicles, according to Toyota.

Persons: —, Koji Sato, Akio Toyoda, ” Sato, ”, that’s, Sato, “, Yuri Kageyama Organizations: TOKYO, — Toyota, Toyota Motor Corp, Toyota Industries Corp, Toyota, “, Daihatsu Motor Corp, Hino Motors, Cruiser Locations: Tokyo, Japan, Europe, East, Africa, Asia, North America

☆ Toyota halts shipment of 10 models over diesel engine testing issues
▼ + stars: | 2024-01-29 | by ( ) edition.cnn.com time to read: +2 min

A special investigative committee found irregularities during horsepower output testing for the certification of three diesel engine models. Ten models use the affected engines globally, Toyota (TM) said, including the Hiace van, Fortuner SUV, Innova multi-purpose vehicle and Lexus-branded LX500D SUV. The company said it would take measures such as running new engine certification tests in the presence of regulators as needed. The company holds a near 25% stake in Toyota Industries, which is a key Toyota group company. Shares in Toyota Industries sank into negative territory shortly after the news and ended down 4%.

Persons: Koichi Ito Organizations: Toyota, Cruiser, Toyota Industries, Lexus, world’s, Daihatsu, Toyota Motor, Mar Locations: Tokyo, Aichi prefecture

☆ Sea of Nectar: What you should know about the moon area where Japan’s lander touched down
▼ + stars: | 2024-01-27 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +10 min

If the lander turns on again, it could make good on its objectives to collect unprecedented information about a region called the Sea of Nectar. The 1969 US moon mission Apollo 11 captured this oblique view of the large crater Theophilus at the northwest edge of the Sea of Nectar. Here's the first picture sent back by the Moon Sniper after it landed on the lunar surface. The Sea of Nectar is much smaller than its neighbor the Sea of Tranquility, which is over 540 miles (875 kilometers) across and is similarly smooth and flat. “After the Apollo missions, we brought back samples and learned they were essentially massive lava planes,” Osinski said.

Persons: Smart, SLIM —, Moon, Theophilus that’s, ”, Gordon Osinski, who’s, Artemis, Osinski, we’ve, ” Osinski, Sara Russell, haven’t, Russell, “, SLIM, ” “, John Pernet, Fisher, Pernet, it’s, Tranquillity, Canada’s, maria ”, “ It’s, NASA’s Organizations: CNN, Japan Aerospace Exploration Agency, JAXA, NASA, Western University, Lunar Reconnaissance, Planetary Materials, Ritsumeikan University, Aizu, University of Manchester, Planetary Institute, Apollo, Getty Locations: Japan, , Ontario, Shioli, United Kingdom

☆ Mars Perseverance rover loses its trusty scout
▼ + stars: | 2024-01-27 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

And it’s time to bid farewell to one of the most delightfully plucky robots ever to explore Mars. Other worldsThe Ingenuity helicopter, seen here on Mars in an image taken by the Perseverance rover on August 2, 2023, has flown for the last time. Ingenuity served as the Perseverance rover’s faithful companion and aerial scout for nearly three years since its maiden flight on April 19, 2021. A long time agoAiming to trace syphilis' origins, researchers used paleopathology techniques to study ancient human bones at the site Jabuticabeira II in Brazil's Santa Catarina state. They find wonder in planets beyond our solar system and discoveries from the ancient world.

Persons: ”, Theodore Roosevelt, Teddy Tzanetos, Thomas Jefferson, it’s, Jose Filippini, Samson Acoca, Pierre, Olivier Cheptou, Ashley Strickland, Katie Hunt Organizations: CNN, Jet Propulsion Laboratory, European Space Agency, NASA, JPL, Caltech, University of Montpellier, Hubble, —, CNN Space, Science Locations: Pasadena , California, United States, Brazil's Santa Catarina, Brazil, France, British

☆ How America’s economy keeps defying expectations when the rest of the world is struggling
▼ + stars: | 2024-01-26 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +4 min

Economists were convinced the last quarter of 2023 had to be the one where economic growth slowed significantly after the prior quarter’s gangbuster 4.9% annualized growth rate. Gross domestic product, the broadest measure of economic output, did slow last quarter to a 3.3% annualized rate. It’s remarkable given economists were expecting 1.5% annualized GDP growth last quarter. But what’s perhaps most remarkable about the US economic growth rate is how much it towers over similarly sized advanced economies. Covid stimulus money is helping Americans avoid cutting back on spending.

Persons: Larry David, that’s, rateaccording, Joseph Gagnon, David Paul Morris, Gagnon, That’s, Alicia Wallace, Hanna Ziady, he’s, I’ve, it’s Organizations: New, New York CNN, Gross, Peterson Institute for International Economics, Federal Reserve, Bloomberg Locations: New York, Singapore, Europe, Ukraine

☆ Ukrainian-born model sparks debate by winning Miss Japan pageant
▼ + stars: | 2024-01-26 | by ( Christy Choi | ) edition.cnn.com time to read: +5 min

CNN —The face of Japanese beauty is now a Ukrainian-born model — at least according to pageant judges who sparked a debate on cultural identity by naming 26-year-old Karolina Shiino as Miss Japan on Monday. Ukrainian-born model Karolina Shiino was crowned Miss Nippon on Monday. Miss Japan Association/Handout via ReutersShiino’s win comes almost 10 years after Ariana Miyamoto became the first biracial contestant to be crowned Miss Universe Japan, one of several other national-level pageant titles. Miss Nippon is not part of the international beauty pageant circuit and is unaffiliated with global competitions like Miss World and Miss Universe. The first Miss Nippon contest, held in 1950, was sponsored by one of Japan’s largest newspapers, the Yomiuri Shimbun.

Persons: Karolina Shiino, “, ”, Shiino, Kazuki Oishi, I’m, Karolina, ” Karolina Shiino, Hiroe Yamashita, Karolina Shiino’s, Ariana Miyamoto, Miyamoto, Fujiko Yamamoto, Shizuo Wada, Ai Wada Organizations: CNN, Japan, Miss Nippon, Miss, Pew, Miss Japan Association, Handout, Reuters Shiino’s, Miss Universe Japan, Yomiuri Shimbun, Miss Nippon contest’s Locations: Ukrainian, Nagoya, Tokyo, Miss Japan, Japan, United States

☆ As China’s Markets Stumble, Japan Rises Toward Record
▼ + stars: | 2024-01-26 | by ( Joe Rennison | Alexandra Stevenson | ) www.nytimes.com time to read: +1 min

There’s a shift underway in Asia that’s reverberating through global financial markets. Stocks stemmed their slide only when Beijing recently signaled its intention to intervene but remain far below previous highs. But there’s one unforeseen reversal already underway: a change in perception among investors about China and Japan. Seizing on this shift, Japan’s prime minister, Fumio Kishida, addressed more than 3,000 global financiers gathered in Hong Kong this week for a conference sponsored by Goldman Sachs. It was the first time a Japanese prime minister had given a keynote address at the event.

Persons: Stocks, Fumio Kishida, Goldman Sachs Organizations: Asia that’s, Nikkei Locations: Asia, China, Stocks, Beijing, Japan, Hong Kong

☆ Lolita style, explained: Why the Japanese-born, Victorian-inspired street style enchants women around the world
▼ + stars: | 2024-01-25 | by ( Scottie Andrew | ) edition.cnn.com time to read: +10 min

Her youthful obsession realized in front of her, Ella was inspired to buy her first piece of Lolita fashion in 2015, from the popular Lolita e-tailer Angel Pretty. While Lolita style is named after Vladimir Nabokov’s eponymous teen in the controversial 1955 novel, the overlap ends there. Even 1950s-style American prom dresses, with their extravagant skirts and bodices, influence contemporary Lolita fashion, he said. The skirt's fullness, achieved through the use of a petticoat, is a key characteristic of Lolita fashion. Ella says her personal Lolita style is a blend of classic and sweet, with a healthy dose of prints and patterns.

Persons: Ella hadn’t, waltzed, ”, Ella, Lauren, Shelby Knowles, Pretty, ” —, She’s, it’s, Michelle Liu Carriger, Bianca, Kandace, Vladimir Nabokov’s, Masafumi, Monden, accessorized, Lolitas, Marie Antoinette, Brigitte Bardot, Jane Birkin, ” Monden, ” Liu Carriger, lacy Lolita, Kei, don’t, Liu Carriger, Nghi, Mary, Jane heels, substyles Organizations: CNN, American, UCLA’s School of Theater, Film, Television, University of Sydney, New, Asahi Shimbun, Pink House Locations: California’s Bay, Japan, America, San Francisco , California, US, Oakland , California, Australia, British, Otaru, Hokkaido, Tokyo, Lolitas, California

Japan became the fifth country in history to reach the moon when the Smart Lander for Investigating Moon, or SLIM, touched down on the Moon early on Saturday. Improved accuracy would give scientists access to more of the moon, since probes could be placed nearer to obstacles. One of the lander's main engines lost thrust about 50 meters (54 yards) above the moon surface, causing a harder landing than planned. For the pinpoint landing, Sakai said, he would give SLIM a “perfect score.”“We demonstrated that we can land where we want,” Sakai said. Japan followed the United States, the Soviet Union, China and India to reach the moon surface.

Persons: Smart, SLIM, touchtown, Shinichiro Sakai, ”, Sakai, ” “, ” Sakai, “, ” LEV, toymaker Tomy, LEV, Daichi Hirano Organizations: TOKYO, Japan Aerospace Exploration Agency, JAXA, Sony, Doshisha University, Mitsubishi Locations: Japan, United States, Soviet Union, China, India, Japanese

Tokyo CNN —Japan’s space agency said Thursday that its “moon sniper” robotic explorer landed 55 meters (165 feet) from its target on the lunar surface last week, calling it a “significant achievement” despite problems during the landing that put the mission in jeopardy. The Smart Lander for Investigating Moon, or SLIM, mission reached the moon’s surface just after 10:20 a.m. Shown here is the first picture sent back by the Moon Sniper after it landed on the lunar surface. JAXAA lunar surface scan mosaic image captured by the SLIM-mounted, enlarged view. If the Moon Sniper can survive the frigid temperatures of lunar night, the space agency hopes light might reach the solar cells as the sun’s angle on the moon changes, potentially restoring power generation and allowing operations to resume.

Persons: Smart Lander, SLIM, Ashley Strickland Organizations: Tokyo CNN, Saturday, Japan Aerospace Exploration Agency, JAXA, Ritsumeikan University, Aizu Locations: Tokyo, Japan

☆ These Japanese beef croquettes are so popular there’s a 43-year waitlist
▼ + stars: | 2024-01-23 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +8 min

Founded in 1926, Asahiya sold meat products from Hyogo prefecture – Kobe beef included – for decades before adding beef croquettes to the shelf in the years following WWII. An unprofitable business ideaThe highly coveted “Extreme Croquettes” are one of four types of Kobe beef croquettes available at Asahiya. The shop’s Premier Kobe Beef Croquettes currently have a more palatable four-year waitlist. Our shop only sells meat that was produced in Hyogo Prefecture, whether it’s Kobe beef, Kobe pork or Tajima chicken. Production boosted but popularity growsThe cheap price tag of the Extreme Croquettes flies in the face of the quality of the ingredients.

Persons: Asahiya, Shigeru Nitta, “, ” Nitta, Nitta, ”, Sanda –, Asahiya’s croquettes, Nitta chuckled, “ I’m Organizations: CNN, Premier Kobe Beef, ”, “, Asahiya Locations: Kobe, Asahiya, Takasago City, Japan’s Hyogo Prefecture, it’ll, Hyogo, Hyogo Prefecture, Kobe city

☆ Chinese stocks are having their worst start to a year since 2016
▼ + stars: | 2024-01-22 | by ( Anna Cooban | Laura He | ) edition.cnn.com time to read: +5 min

The Shenzhen Component Index, a tech-heavy benchmark, had its worst day in nearly two years, plunging 3.5%. It’s the worst start to a year for Chinese stocks since 2016, when investors were ditching their holdings following a market crash in 2015. The country’s economy grew by 5.2% last year. That beat government projections but is still one of China’s worst economic performances in over three decades. The International Monetary Fund forecasts the country’s economic growth to slow to 4.2% this year.

Persons: Ken Cheung, ”, Europe’s, Premier Li Qiang, Brian Martin, Daniel Hynes, Li, “, ” Stephen Innes, managing Organizations: Hong Kong CNN, Shenzhen Component, Mizuho Bank, CSI, Nikkei, Premier, Economic, ANZ Research, Monetary Fund, China’s Commerce Ministry, Investors Locations: Hong Kong, Beijing, Shanghai, Shenzhen, China, United States

ORLANDO, Fla. (AP) — It took only four rounds for Lydia Ko to put a dismal 2023 LPGA Tour season completely behind her. Ko, who finished at 14-under 274, won for the 20th time on the LPGA Tour. The 26-year-old from New Zealand became the seventh woman to win 20 LPGA titles before turning 27. Each regular LPGA win is worth one point. Sunday’s final margin was two shots, but Ko remained in control throughout the final round, played amid unseasonably cool temperatures that dipped into the 40s.

Persons: Lydia Ko, Ko, “, ” Ko, Ko tugged, Grant Thornton, Jason Day, ”, Jody Ewart, Shadoff, birdies, Pano, Canada’s Brooke Henderson, Cheyenne Knight, Ally Ewing, Ayaka Furue, Laura Davies, Cristie Kerr, Juli Inkster, Jeff McNeal, Annika Sorenstam, McNeal, ___ Organizations: Alexa, LPGA, Hall of Fame, Grant Thornton Invitational, Nona, Business, Cheyenne, Lake Nona, New York Mets, Hall of Famer, Hilton Locations: ORLANDO, Fla, Lake Nona, New Zealand, Bradenton, Northern Ireland, Lake

PARIS (AP) — Paris Men’s Fashion Week, ending Sunday, has witnessed a striking dichotomy of styles. Here are some highlights of fall-winter 2024 men's shows:SACAI’S BOLD WARRIOR CHICAs the sun set on Paris Menswear Week, Sacai, Japan’s commercial juggernaut in the fashion world, delivered imaginatively. This season’s Paris Men’s Fashion Week traveled from the elegantly understated to the boldly expressive. In contrast with this muted luxury, Balmain made a striking comeback to men’s fashion with a lineup that screamed opulence. Menswear week showcased the dual nature of men’s luxury fashion, oscillating between the quietly sophisticated and the unapologetically extravagant.

Persons: Chitose Abe, Abe’s, WOOYOUNGMI’S, Naomi Campbell, Rick Owens, Owens, Jamie Dornan, Zayn Malik gracing, Loewe, Louis Vuitton, Yohji, Wim Wenders, Norman Reedus, Zinédine Zidane Organizations: PARIS, Paris, AMI, Balmain Locations: Paris, Paris Seoul, PARIS

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