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For the author, it was critical to place Miu, an Asian American mother and fugitive poet, at the forefront of a protest movement in her book. It was, in a way, a nod to the awareness that Asian American women more generally have long had around violence, preceding the rise in anti-Asian hate during the pandemic. Research previously showed that 21% to 55% of Asian women in the U.S. report having experienced intimate physical and/or sexual violence during their lifetimes, according to the Asian Pacific Institute on Gender-Based Violence. “As an Asian American woman, I feel like I’ve been aware of the possibility of violence for most of my life. “In the case of PACT, it’s the idea that there’s a right way to be American,” Ng said.
The Nasdaq is expecting more Chinese companies to list on the U.S. exchange in the coming months as Beijing and Washington appear closer to resolving an audit dispute. "We still have a pretty strong pipeline … as things are getting to become a little more clear in that market. We think that that market could pick up pretty dramatically," said Bob McCooey, vice chairman of Nasdaq, who does business development in the Asia-Pacific, told CNBC on Wednesday. Delisting risk for U.S.-listed Chinese companies sharply increased following the signing of the Holding Foreign Companies Accountable Act in late 2020. Chinese ride-hailing giant Didi's announcement of plans to delist from the New York Stock Exchange in late 2021 — just six months after its U.S. IPO — also fueled investor concerns.
China Vanke's subsidiary Onewo and EV maker Zhejiang Leapmotor Technology began trading on the Hong Kong market on Thursday. Chinese electric vehicle maker Leapmotor's shares tumbled as much as 32% from its offer price of 48 Hong Kong dollars ($6.11) per share. Shares of Onewo fell 7.9% from its offer price of 49.35 Hong Kong dollars ($6.29) per share in early trade, and was last 4.76% lower. Onewo, a subsidiary of property developer China Vanke, raised 5.6 billion Hong Kong dollars ($713.5 million), while Leapmotor raised 6.06 billion Hong Kong dollars ($771.7 million). Data from the Hong Kong Exchange (HKEX) show there were 48 new listings in Hong Kong from January to August in 2022, raising a total of 56 billion Hong Kong dollars ($7.1 billion) – a steep drop from the same period in 2021, in which there were 69 new listings that raised 271.4 billion Hong Kong dollars ($34.6 billion).
Pedestrians cross a road in front of an electronic quotation board displaying the numbers of company stock prices on the Tokyo Stock Exchange in Tokyo on May 13, 2021. Shares in the Asia-Pacific rose at the open on Thursday following a rebound on Wall Street overnight. The Nikkei 225 in Japan advanced 1% and the Topix index gained 0.31%. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.72%. The S&P 500 gained 1.97% to 3,719.04, staging a comeback after notching a new bear market low the previous session.
Hong Kong CNN Business —China’s yuan hovered near record lows against the US dollar on the offshore market on Thursday, as major currencies around the world continue to tumble after the Federal Reserve’s aggressive hikes. The yuan — also known as the renminbi —has been declining for months despite interventions by China’s central bank. The fall comes despite People’s Bank of China warning traders on Wednesday not to bet on the currency’s continued depreciation. Vendors exchange Chinese yuan notes at a store on Sunday, July 17, 2022, in Beijing. Ng Han Guan/APThe PBOC, meanwhile, has urged traders not to “keep gambling.”“The foreign exchange market is a big deal.
The Dow and S&P 500 have fallen for six straight days, with many of those seeing broad selling typical of so-called "washout" days. That can sometimes be a contrarian buy signal on Wall Street, but many investment professionals are skeptical that the selling is over. One reason is that earnings expectations for next year still show solid growth, which would be unlikely in the event of a recession. "But I have a hard time reconciling in my mind that the earnings story is going to be as good as we expect." Additionally, the dramatic moves in the bond and currency markets means that "something broke" and it may be smart to wait for that information to shake out, Smith said.
"The golden age of globalization that we experienced in the last 30 years since the end of the Cold War has ended clearly and we are entering a new era, a new era that will be marked by greater geopolitical contestation," said Singapore's Deputy Prime Minister and Minister for Finance Lawrence Wong. Bloomberg | Bloomberg | Getty ImagesThe golden age of globalization has ended and a fundamental change to the way the world works is underway, said Singapore's Deputy Prime Minister and Minister for Finance Lawrence Wong. "Where previously the logic was, countries do not have to be friends to do business with one another. In fact, the hope was that the more we trade and invest in each other, we will tamp down geopolitical rivalry," Wong said. "The generation of Chinese born perhaps in the last generations, many of them idealized America and the American way of life.
Visitors stands in front of an electronic ticker at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Nov. 30, 2020. Shares in the Asia-Pacific were higher on Tuesday after sharp falls on Monday. The Nikkei 225 in Japan rose 0.65%, and the Topix index gained 0.66%. South Korea's Kospi was marginally up, and the Kosdaq gained 0.64%. MSCI's broadest index of Asia-Pacific shares outside Japan was about flat.
IMF cuts 2022, 2023 growth forecast for Philippines
  + stars: | 2022-09-26 | by ( ) www.reuters.com   time to read: +1 min
Register now for FREE unlimited access to Reuters.com RegisterMANILA, Sept 26 (Reuters) - The International Monetary Fund (IMF) on Monday slashed its growth forecasts for the Philippines for this year and next to reflect the impact of a global economic slowdown and tightening financial conditions. The IMF said economic growth in the Southeast Asian country this year would hit 6.5%, weaker than its previous forecast of 6.7%, while growth next year is seen at 5.0%, also slower than its earlier estimate of 6.3%. The growth outlook is subject to "significant downside risks," Cheng Hoon Lim, IMF mission head, said in a news conference. She also said the Philippine central bank's "continued near-term tightening was appropriate." Register now for FREE unlimited access to Reuters.com RegisterReporting by Neil Jerome Morales; Editing by Kanupriya Kapoor and Louise HeavensOur Standards: The Thomson Reuters Trust Principles.
HONG KONG—Cardinal Joseph Zen, a 90-year-old retired bishop and outspoken democracy advocate, appeared in court to face trial over his involvement in providing aid to protesters who swarmed the city in 2019 and triggered a broad political crackdown. The cardinal, alongside other campaigners including local pop singer Denise Ho and prominent barrister Margaret Ng, were among six people charged with allegedly failing to register a fund that offered legal and financial aid to arrested pro-democracy protesters.
Hong Kong (CNN Business) International airlines are scrambling to add more flights to Hong Kong as the city ends two and a half years of quarantine measures , leading to a surge in demand for travel. This will absolutely increase the demand for travel to and from Hong Kong," Christoph Meyer, Lufthansa's general manager of sales for Hong Kong, Macao and South China, said in a statement. International Air Transport Association Director General Willie Walsh said last week that China's zero-Covid policy had "devastated" Hong Kong. Friday's news puts Hong Kong back on "the right track," said Dr. Kam Hung Ng, assistant professor of aviation engineering at the Hong Kong Polytechnic University. He told CNN Business that Hong Kong still had advantages that could allow its aviation industry to recover to pre-pandemic levels, "or even more."
Hong Kong CNN Business —International airlines are scrambling to add more flights to Hong Kong as the city ends two and a half years of quarantine measures, leading to a surge in demand for travel. “As Hong Kong’s home airline, we are fully committed to rebuilding the connectivity of the Hong Kong aviation hub,” it said in a statement. This will absolutely increase the demand for travel to and from Hong Kong,” Christoph Meyer, Lufthansa’s general manager of sales for Hong Kong, Macao and South China, said in a statement. International Air Transport Association Director General Willie Walsh said last week that China’s zero-Covid policy had “devastated” Hong Kong. Friday’s news puts Hong Kong back on “the right track,” said Dr. Kam Hung Ng, assistant professor of aviation engineering at the Hong Kong Polytechnic University.
Sterling hit a record low. Matt Cardy | Getty ImagesThe British pound plunged to a record low on Monday morning in Asia, following last week's announcement by the new U.K. government that it would implement tax cuts and investment incentives to boost growth. The sterling briefly fell 4% to an all-time low of $1.0382 on Monday in Asia. "Below $1.05, you really look at parity," he told CNBC's "Squawk Box Asia." "We've seen the euro dip below parity — I don't see a reason why sterling can't either," he added.
The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Oct. 29, 2020. Shares in the Asia-Pacific fell sharply on Monday as negative sentiment continues to weigh in on markets. The Nikkei 225 in Japan dropped 2.19% in early trade, and the Topix slipped 2%. MSCI's broadest index of Asia-Pacific shares outside Japan was 1.19% lower. Onewo, a subsidiary of property developer China Vanke, is set to debut on the Hong Kong stock exchange this week as well.
Asia-Pacific markets inch lower as investors weigh Fed hike
  + stars: | 2022-09-23 | by ( Abigail Ng | ) www.cnbc.com   time to read: +1 min
An electronic board displays stock information at the Australian Securities Exchange, operated by ASX Ltd., in Sydney, Australia, on Tuesday, Feb. 6, 2018. Asia-Pacific shares slipped on Friday as investors continue to weigh the Federal Reserve's aggressive stance. In Australia, the S&P/ASX 200 opened slightly higher but gave up gains to fall 1.16% on its return to trade after a holiday on Thursday. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.18%. On Wall Street overnight, stocks fell for a third consecutive day over recession fears following the Fed's latest 75-basis-point rate hike.
The Tokyo Stock Exchange in Japan. Asia markets traded lower on Thursday after the U.S. Federal Reserve raised interest rates and signaled further hikes ahead. U.S. stocks were volatile and closed sharply lower following the announcement. The Nikkei 225 in Japan slipped 1% in early trade, and the Topix index fell 0.78%. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.46%.
The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Nov. 30, 2020. The Nikkei 225 in Japan dropped 1% in early trade, while the Topix index fell 0.94%. Shares in the Asia-Pacific opened lower Wednesday, following Wall Street's negative lead ahead of the Federal Reserve's expected rate hike . "A sourer tone took hold over the past 24 hours, with equities lower and haven currencies, including the dollar, stronger," Taylor Nugent, economist at National Australia Bank, wrote in a Wednesday note. The dollar index strengthened above the 110 level.
Reactions: Putin mobilises more troops for Ukraine
  + stars: | 2022-09-21 | by ( ) www.reuters.com   time to read: +20 min
Russian President Vladimir Putin makes an address on the conflict with Ukraine, in Moscow, Russia, in this still image taken from video released September 21, 2022. I think even with this Russia stuff it’s hard to see the market really rally a lot more from here ahead of the FOMC. From a geopolitical standpoint, Putin is frustrated that the war isn’t going his way and he’s threatening the west. "If it gets really, really bad, I'd expect the dollar to rise." This announcement by Putin to intensify the escalation in Ukraine definitely doesn’t help.
The India chairman of conglomerate Hinduja Group said he's bullish on India, which he called "the very great emerging, fast moving market." The Hinduja Group is headquartered in India though it owns businesses across many industrial sectors and has a presence in nearly 40 countries, including the United Kingdom, Switzerland and the United States. "The credit goes to our prime minister," he said, referring to Prime Minister Narendra Modi. Tensions between India and China sharpened in 2020 after their troops clashed on a shared border, and remain strained. More recently, Western countries have criticized India for increasing its purchases of Russian oil as that country's invasion Ukraine rumbles on.
An employee works at the Tokyo Stock Exchange in Tokyo, Japan, on Jan. 13, 2022. Shares in the Asia-Pacific rose Tuesday as Japan's inflation accelerated and ahead of China's interest rate decision. Japan's Nikkei 225 rose 1.14% on its return to trade after a holiday and the Topix gained 0.87%. Core inflation in Japan increased 2.8% from a year ago, the fastest rate of increase since late 2014, topping the prediction of 2.7% in a Reuters poll. U.S. stocks wavered between positive and negative territory overnight before closing higher before the Fed's meeting begins Tuesday stateside.
Shares in the Asia-Pacific fell on Monday ahead of major central bank meetings this week. The Hang Seng index in Hong Kong was 0.89% lower in the final hour of trade, with the Hang Seng Tech index down 1.93%. In mainland China, the Shanghai Composite dipped 0.35% to 3,115.60 and the Shenzhen Component also declined 0.48% to 11,207.04. The People's Bank of China cut its 14-day reverse repo rates. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.59%.
UN report on China’s Uyghurs: What you need to know
  + stars: | 2022-09-01 | by ( Jessie Yeung | ) edition.cnn.com   time to read: +7 min
CNN —Just minutes before the end of her term on Wednesday, the United Nations High Commissioner for Human Rights dropped a damning report on China’s treatment of Uyghurs and other Muslim minorities. China has repeatedly and vehemently denied accusations of human rights abuses in the region, and decried the UN report on Wednesday as “based on the disinformation and lies fabricated by anti-China forces.”Here’s what you need to know. The 45-page report was the final offering from Michelle Bachelet, the head of the Office of the United Nations High Commissioner for Human Rights (OHCHR), whose term ended at midnight Geneva time. China responded to the report with its own 131-page document, saying the UN’s investigation “distorts” China’s laws and policies. However, activists and overseas Uyghurs have welcomed the report as a symbolic step and a new level of recognition by the UN of the human rights violations alleged in Xinjiang.
Jobs in the sneaker industry are highly coveted, but it's possible to get a foot in the door. In 2010, shortly before he left Nike, Edwards founded what's become Pensole Lewis College. More than 500 Pensole alums work in the industry, including at Nike and its Jordan brand. "It's extremely competitive," said Bimma Williams, a veteran of Nike, Adidas, and Saucony. In 2011, Sean Williams (no relation to Bimma) and Dee Wells of Obsessive Sneaker Disorder launched SOLEcial Studies, an educational program about the sneaker industry for high-school and college students.
L-410 Turbolet — многоцелевой двухмоторный самолет, разработан в конце 1960-х годов чехословацким предприятием Let Kunovice. К месту крушения самолета вылетел вертолет для эвакуации пострадавших, сказал начальник Сибирского авиационного поисково-спасательного центра Анатолий Лукьяненко. Федерация парашютного спорта России выясняет обстоятельства крушения L-410 в Кузбассе, заявили в федерации. В 2019 году Росавиация сертифицировала новую модель самолета L-410 NG. Они обратились к Тимуру Франку с видеообращением, где обвинили его в «геноциде» местного населения, в частности малочисленного шорского народа, а разрез «Кузбасский Южный» назвали «бандитским формированием».
Persons: , Сергей Цивилев, Анатолий Лукьяненко, Тимур Франк, Франк Organizations: Интерфакс, Инстаграм, Сибирский авиационный поисковоспасательного центр, Федерация парашютного спорта, Росавиация, Уральская горнометаллургическая компания (УГМК), Тайга.инфо, Кузнецкий Южный, Кузбасский Южный Locations: Танай, Новосибирская область, Кузбасс, Россия, СССР, Черемза, Черемзе
O fetiță de numai 40 de zile a ajuns într-un spital din Italia în comă. Medicii au găsit în analizele bebelușului urme de metadonă și cocaină. Ajunsă în comă în urma unui stop respirator la spital, în analizele fetiței de numai 40 de zile s-au găsit metadonă și cocaină, conform La Stampa. Copilul a ajuns la spitalul din Lucca, adus de părinți, pe 11 martie și a fost apoi transferată la Pisa. Fetița, încă internată în spital, a fost și intubată într-o primă fază.
Persons: . Copilul Organizations: mediafax Locations: Italia, Lucca, Pisa
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