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☆ Jefferies explains its underperform ratings on major China banks
▼ + stars: | 2024-11-01 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJefferies explains its underperform ratings on major China banksShujin Chen, head of China FIG research at Jefferies, attributes its ratings to market reforms, but adds that "we actually like China banks."

Persons: Jefferies, Shujin Chen Organizations: China FIG, Jefferies Locations: China

☆ Why the October jobs report likely won't impact the election
▼ + stars: | 2024-11-01 | 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 EmailWhy the October jobs report likely won't impact the electionLanhee Chen, Hoover Institution fellow and NBC News constributor, and Marc Morial, National Urban League CEO and former New Orleans mayor, join CNBC's 'The Exchange' to discuss how the October jobs report could impact the election, the contrast in economic visions between the two candidates, and more.

Persons: Lanhee Chen, Marc Morial, CNBC's Organizations: Hoover Institution, NBC, National Urban League, New Locations: New Orleans

With evolving workplace priorities, the Workforce Innovation board also predicted which new roles might emerge in the C-suite, including "chief transformation officer" and "chief experience officer." AdvertisementTim Paradis: We've seen new C-suite roles emerge in recent years, like chief AI officer and chief ethics officer. Then, while there is a "chief AI officer" role that's picking up, there is also a lot of focus on automation. Pittman: I think that a lot of these roles — whether it's chief diversity officer, chief risk officer, chief digital officer — are really about building new competencies that are not widely spread. AdvertisementThe number of companies naming chief transformation officers grew about 140% over the last couple of years.

Persons: Maggie Hulce, Julia Hood, Alicia Pittman, Neil Murray, that's, Kenon Chen, Anant Adya, everybody's, Justina Nixon, Saintil, We've, we've, Borgonovo, Tim Paradis, Nixon, It's, Pittman, Chen, isn't Organizations: Business, Workforce Innovation, Boston Consulting, Clear, Infosys, IBM, Saintil, Mastercard

“Make no mistake, an attack on a ballot box is an attack on our democracy and completely unacceptable,” Oregon Secretary of State LaVonne Griffin-Valade said Monday. All ballot boxes in Multnomah County and Clark County have fire suppressant installed, election officials said during a news conference Monday. Voting in Oregon and Washington is done almost entirely by mail or ballot drop off. Enhanced ballot box securityA damaged ballot drop box is displayed during a news conference at the Multnomah County Elections Division office on Monday in Portland, Oregon. Following the ballot box fires, Gluesenkamp Perez requested overnight law enforcement patrols at drop boxes through Election Day.

Persons: LaVonne Griffin, Valade, ”, Steve Hobbs, “, Jenny Kane, Tim Scott, Greg Kimsey, Kimsey, Scott, ” Jay Riestenberg, John Burnside, ” Burnside, They’ve, Burnside, “ It’s, ” “, Mike Benner, Amanda McMillan, Jay Inslee, Jessica Vega Pederson, Tina Kotek, Inslee, Marie Gluesenkamp Perez, Gluesenkamp Perez, CNN’s Kaitlan Collins, I’m, ” Larry Olson, suppressants, ” Olson, CNN’s Nicole Chavez, Taylor Romine, David Williams, Natasha Chen Organizations: CNN, US Department of Homeland Security, Division, Portland Police, Portland Police Bureau, Vancouver Police Department, US Postal Service, . Portland Police, ” Police, Volvo, Oregon Department, Driver, Vehicle Services, Washington Gov, Congressional, Rep Locations: Pacific Northwest, Portland, Vancouver , Washington, Vancouver, Oregon, Washington, Multnomah, Portland , Oregon, Multnomah County, Clark, Clark County, In Oregon, Southeast Portland, Seattle, Washington’s, American, Oregon’s Multnomah County

☆ Eli Lilly shares could be set for a big move if the Zepbound maker adds to its winning streak
▼ + stars: | 2024-10-29 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +6 min

Revenue from obesity treatment Zepbound is forecast to climb to $1.73 billion from $1.24 billion quarter over quarter. For the year, analysts expect Mounjaro sales to reach $4.58 billion, while Zepbound revenue is seen rising to $5.88 billion. The consensus view for combined sales of both drugs now stands at $30.19 billion, according to FactSet. Other key announcements A clinical trial is in progress that pits Zepbound against Novo Nordisk's Wegovy in obesity treatment. Beyond obesity, Lilly has begun treating patients with Kisunla, its Alzheimer's disease treatment.

Persons: Eli Lilly, Lilly, Seamus Fernandez, Morgan Stanley, Terence Flynn, David Risinger, Morgan Stanley's Flynn, Mounjaro, Cantor, Louise Chen, —, Fred Imbert Organizations: Investment, Food, Leerink, Novo Nordisk's, FDA, Kisunla Locations: U.S

☆ Dock tragedy is latest chapter in Gullah Geechee community’s long struggle
▼ + stars: | 2024-10-27 | by ( Ramon Sanchez | Ray Sanchez | ) edition.cnn.com time to read: +12 min

The collapse killed seven people, injured several others and gave his two girls what Michael Wood said was their first glimpse of the Gullah Geechee community’s longtime heartache and resilience. Courtesy Michael WoodThe October 19 tragedy is the latest chapter in the struggles of one of the last surviving Gullah Geechee communities in the Georgia Sea Islands. The state settlement included the construction of the dock and “new aluminum gangways” as well as improved ferry service. The day of the collapse Grovner eventually returned to the dock area, where he and others covered some bodies with blankets. White, the Georgia Southern University professor, added: “The Gullah Geechee community has always had to fight for their survival.

Persons: Michael, Kimberly Wood, Michael Wood, ”, Wood, Hailey, Kimberly, Riley, Joyce White, Jacqueline Crews Carter, Cynthia Gibbs, William Johnson Jr, Carlotta McIntosh, Isaiah Thomas, Queen Welch, Charles L, Charles Houston, Febury Hassan, Zelda Johnson, William Johnson Sr, John Thomas, Ben Crump, Gangway, Hogg, Walter Rabon, “, Milton, Ben Crump –, Lewis M, Levine, Susie, ” Michael Wood, I’m, Trevor Santos, Grovner, goddaughter, she’ll, Reginald Hall, ” Hall, ” CNN’s Dalia Faheid, Ashley R, Williams, Michelle Watson, Melissa Alonso, Sharif Paget, Sarah Dewberry, Zoe Sottile, Philip Wang, Adeline Chen, Teo Kermeliotis, Emma Tucker, Nicole Chavez, Devon Sayers, Kia Fatahi, Nick Valencia, Zenebou Sylla Organizations: CNN, Heritage Center, Georgia Southern University, Georgia Department of Natural Resources, Impact, DNR, Georgia Bureau of Investigation, Coast Guard Locations: gangway, Savannah, Georgia, Jacksonville , Florida, Atlanta, Darien , Georgia, Geechee, ”, Sapelo

☆ Breakfast with Ohtani: In Japan, watching this World Series may be the national pastime
▼ + stars: | 2024-10-25 | by ( Rustin Dodd | ) www.nytimes.com time to read: +14 min

At World Series Media Day on Thursday, no one was a bigger draw than Ohtani. Ninomiya, 59, grew up in the city of Oita, obsessing over books about Japanese baseball history. The comings and goings of Mamiko Tanaka and Ohtani are regular fodder for Japanese morning shows. In Japan, Ohtani is the face of countless advertising campaigns. Ohtani’s presence — along with starting pitcher Yoshinobu Yamamoto — could help the Japanese World Series audience approach those heights.

Persons: Shohei Ohtani, Tatsuo Shinke, Ohtani, Shinke, Emiko, ” Shinke, “, She’s, Katharine Lotze, Michael Jordan, David Beckham, doesn’t, ”, Robert Whiting, —, Rahm Emanuel, Chicago ”, Jordan, ” Emanuel, Whiting, Hideo Nomo, Ichiro Suzuki, Hideki Matsui, Nomo, Japan — Whiting, Suzuki, Yu Darvish, Tomoki Negishi, I’ve, ” Negishi, Masanori, Negishi, I’m, Chen Liang, Ninomiya, ” Ninomiya, ” Ohtani, Ippei Mizuhara, Mizuhara, It’s, Mamiko Tanaka, Stringer, Hiroshi Kitamura, William & Mary, Aaron, Judge, Fernando, Tatis, Ronald, Acuna, Foster Griffin, Griffin, ” Griffin, Ryan Yamazaki, Bobby Valentine, Yoshinobu Yamamoto —, Rob Manfred, “ Smart, ” Yamazaki, Shigeru Ishiba, Machiko Kondo, Kondo, Ichiro, ” Whiting, she’s, Andy McCullough, Sam Blum, Dan Goldfarb, Jayne Kamin Organizations: Mint, Major League Baseball, Los Angeles Dodgers, Ohtani’s Dodgers, New York Yankees, Los Angeles Angels, Dodgers, Padres, National League, Nikkei, Yankees, Asahi Shimbun, Japan’s Pacific League, Ninomiya, UCLA, NHK, Hokkaido, Ham Fighters, Angels, MLB, Pacific, William &, Kansas City Royals, Yomiuri Giants, Mets, Chiba Lotte Marines, Baseball, WBC, Chicago Cubs, San Diego Padres, Athletic, Fuji, United Nations Locations: Japan, Tokyo, Ohtani, United States, America, American, U.S, Chicago, —, Ōta, Oita, ”, Hokkaido Nippon, Osaka, Fukuoka, Sapporo, South Korea

☆ Disney World hikes prices for its annual passes
▼ + stars: | 2024-10-24 | by ( Natasha Chen | Forrest Brown | ) edition.cnn.com time to read: +2 min

CNN —If you’re a regular visitor to Walt Disney World, your annual passes are going to cost you more. The resort in Orlando, Florida, hiked prices on all four levels of its passes on Wednesday. Its most powerful annual pass, the Disney Incredi-Pass, now costs $1,549 (plus tax). “Over the past decade, Disney World tickets have increased up to 101% and the top-level Annual Pass has increased by 86%,” said Gavin Doyle, founder of MickeyVisit.com, in an email to CNN Travel. “I think of the standard prices from Disney World as the amount that only the most price-insensitive or those so set on being there for a specific event will end up paying.

Persons: Price, ”, Gavin Doyle, Doyle, you’ll, ” Doyle, “ Organizations: CNN, Walt Disney, Disney, Disney Vacation, EPCOT, Hollywood Studios, CNN Travel Locations: Orlando , Florida, Florida

☆ US to evacuate 20 embassy staff from Haiti following car attack and intensifying gang violence, say sources
▼ + stars: | 2024-10-24 | by ( David Culver | Abel Alvarado | ) edition.cnn.com time to read: +3 min

CNN —Violence is intensifying in Haiti’s capital, Port-au-Prince, this week, which saw a United Nations helicopter hit by gunfire and two gangs apparently target US embassy vehicles. Thursday’s helicopter shooting will “likely” cause US airlines to halt their operations once again in Port-au-Prince, the second source told CNN. Last March, major US carriers like Spirit, JetBlue, and American Airlines suspended their operations at Port-au-Prince’s international airport for nearly three months after a sudden spike in gang violence. Gang violence in Haiti has spiraled in recent years, with attacks becoming more brazen and violent. Members of the “Gran Grif” gang used automatic rifles to kill at least 70 people in an attack that displaced 6,000 people, said a UN agency at the time.

Persons: “ Chen Mechan, ”, Shaza Moghraby, Toussaint, CNN’s Caitlin Hu, Tara John Organizations: CNN, United Nations, Food Programme, UN, WFP, JetBlue, American Airlines Locations: Port, Haiti, ”, Caribbean

☆ Boba tea startup rejected by 'Shark Tank' pitches Simu Liu after cultural appropriation debate
▼ + stars: | 2024-10-23 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +6 min

The Twrl founders say they hope the initiative they took moves those conversations forward and educates some people along the way. Later, Taiwan would claim to be the birthplace of the boba drink concept, a sweet concoction of an aromatic tea, milk and boba balls. The first U.S. boba drink shops opened in the 1990s but there’s conflicting reports on whether the San Francisco Bay Area or Southern California was the starting point, Phun said. But it didn’t come from a place of, ‘I really love boba tea,’” she said. Meanwhile, the “Dragons’ Den” episode led to some significant fallout.

Persons: Olivia Chen, Pauline Ang, Simu Liu, Liu, Chi, Twrl, “, ”, Chen, ” Liu, Juily, South America . Colonization, boba, Phun, ” Phun, “ It’s, ” Megan Ruan, they’re, ” Chen, ‘, ” Ruan, it’s, Ang, Manjit Minhas Organizations: ABC, San, Bobba, American, Cal State, South America ., San Francisco Bay Area, Gold House Ventures, Foods Locations: San Francisco Bay, “, Quebec, Taiwan, South America, Pacific Islands, Asia, U.S, Southern California, American, Japan, China

☆ A K-pop star was photographed kissing a woman. Fans decided he should be fired for it.
▼ + stars: | 2024-10-22 | by ( Larissa Gao | Larissa Gao Is An Associate Social Newsgathering Reporter Based In Hong Kong. | ) www.nbcnews.com time to read: +8 min

Within two days of his return, SM Entertainment said Seunghan was out again, leading fans to post triumphant videos showing them dancing in front of the funeral wreaths. “Many fans, mostly international fans, want him back in the group.”SM Entertainment did not respond to an emailed request for comment. “He made those teenage mistakes.”This is far from the first time that K-pop idols have fallen afoul of fans for having personal relationships. In March, Karina from Aespa, another SM Entertainment group, apologized for letting fans down after Korean media revealed her relationship with actor Lee Jae-wook. International fans are less invested in K-pop stars both emotionally and financially, said Stephanie Choi, a faculty expert on K-pop music at the University at Buffalo.

Persons: Seunghan, ” Seunghan, Shotaro, Anton, ” Tarryn McMurray, Arianna, ”, Jung, Yeon, “, RIIZE, sunbae, Yuki Shu, ” Hye Jin Lee, ” Lee, “ We’re, Karina, Aespa, Lee Jae, EXO’s Chen, HyunA, Dawn, ’, ” McMurray, Stephanie Choi Organizations: SM Entertainment, Getty, NBC News, Annenberg School for Communication, Journalism, University of Southern, Pentagon, Cube Entertainment, University at Buffalo, USC Locations: Korean, Seoul, Japan, United States, South Korea, British, Wisconsin, Seunghan, University of Southern California

Matthew is serving a 7-year prison sentence in Singapore's Changi Prison for trafficking meth. Officials from the Singapore Prison Service say they encourage guards to think of themselves as “Captains of Life,” helping rehabilitate the prison population. Officials did not allow CNN to visit Institution A1, where more than 40 death row inmates await the same fate. Before each execution, authorities organize a professional photo shoot in which inmates trade their prison uniforms for civilian clothes. Hong Kong’s population is around 25% larger than Singapore’s, and it does not impose the death penalty for drug offenses.

Persons: Matthew, “, ”, Tom Booth, ” Shanmugam, Shanmugam, Rebecca Wright, ” Matthew, Steve Jobs, Nelson Mandela, Reuben Leong, –, Halinda binte Ismail, Halinda, Muhammed Izwan bin, ” Halinda, ’, Kirsten Han, Nazira, you’ve Organizations: Singapore CNN —, CNN, Changi, Singapore, Singapore’s, Home Affairs and Law, Visitors, Action Party, Home Affairs Ministry, Home Affairs, CNN Singapore, United Nations Office, Drugs, CNN Authorities, Singapore Prison Service Locations: Singapore, Canada, Portugal, Iran, North Korea, Saudi Arabia, Asia, Thailand, Laos, Myanmar, Scandinavian, mealtimes, United States, Australia, European, Hong Kong, British, –

☆ Dollar rides 'Trump trade' toward third weekly rise, markets brush off China GDP
▼ + stars: | 2024-10-18 | by ( ) www.cnbc.com time to read: +5 min

The onshore yuan ticked 0.06% higher to 7.1199 per dollar, while its offshore counterpart rose 0.12% to 7.1282. Data on Thursday showed U.S. retail sales growth was higher than expected and the ECB cut interest rates by 25 basis points. "All of that has played in to a stronger dollar," said Jason Wong, senior strategist at BNZ in Wellington. The New Zealand dollar was similarly eyeing a 0.75% fall for the week and was little changed at $0.6063 in the Asia session. The U.S. dollar index hit a 2-1/2 month high of 103.87 on Thursday and is up nearly 0.8% forthe week thus far.

Persons: Donald Trump, Ho Woei Chen, Jason Wong, There's, Yahya Sinwar, Israel's, Benjamin Netanyahu, Sterling Organizations: European Central Bank, People's Bank of China, Securities, Fund, Insurance, ECB, Reuters, Trump, New Zealand, Bank of England, U.S Locations: Asia, China, Wellington, U.S, Israel, Gaza

☆ Epic Universe: Universal Orlando announces opening date for the theme park
▼ + stars: | 2024-10-17 | by ( Natasha Chen | ) edition.cnn.com time to read: +5 min

CNN —Universal Orlando Resort announced Thursday morning that its highly anticipated new theme park, Epic Universe, will open on May 22, 2025, just before Memorial Day weekend. “I anticipate that this new Epic Universe theme park will easily crack 6 million plus visitors during its first 12 months of operation,” Speigel told CNN in an email. “Universal Studios theme parks have been on a huge roll since Harry Potter was introduced in 2010.”Speigel said this park will ratchet up the Orlando theme park market, where Universal and Disney are the biggest players. Speigel – along with many theme park fans – wonders how Disney will respond to its competitor’s moves and whether it will also open a new theme park in the coming years. It will be located in the new theme park, with Universal’s first dedicated theme park entrance for hotel guests.

Persons: Harry Potter, we’re, ”, Karen Irwin, Dennis Speigel, Speigel, “, ” Speigel, Potter, Universal’s, –, Voldemort, Ron, Hermione, Donkey Kong Organizations: CNN — Universal Orlando Resort, Ministry of Magic, Nintendo, Universal Orlando, Park, CNN, “ Universal Studios, Universal, Disney, Ministry, Universal Parks, Universal Orlando Resort, Loews, Super Nintendo, Universal Parks USA, Paris, British Ministry, Floo, Universal Islands of, Universal Studios, Universal Studios Hollywood, Universal Studios Japan Locations: Orlando, Berk, Central Florida, Universal Islands, Los Angeles

☆ China won't renounce use of force over Taiwan; Xi visits frontline island
▼ + stars: | 2024-10-17 | by ( ) www.cnbc.com time to read: +1 min

China will never commit to renouncing the use of force over Taiwan, the government in Beijing said on Wednesday after another bout of war games and a visit by Chinese President Xi Jinping to the scene of a famous defeat for Taiwanese forces. China will never commit to renouncing the use of force over Taiwan, the government in Beijing said on Wednesday after another bout of war games and a visit by Chinese President Xi Jinping to the scene of a famous defeat for Taiwanese forces. China, which views democratically governed Taiwan as its own territory, staged a day of large-scale drills around the island on Monday that it said were a warning to "separatist acts" following last week's national day speech by Taiwan President Lai Ching-te. "But we will never commit ourselves to renouncing the use of force," he said. Taiwan has close though unofficial relations with the United States, a major arms supplier, and its allies.

Persons: Xi Jinping, Lai Ching, Chen Binhua, Chen Organizations: Taiwan Affairs Office, Taiwan Locations: China, Taiwan, Beijing, United States

☆ Disney’s new all-access, skip-the-line plan can cost more than the park ticket does
▼ + stars: | 2024-10-16 | by ( Natasha Chen | ) edition.cnn.com time to read: +7 min

For example, it will cost $137.39 (after tax) to add the Premier Pass to an Animal Kingdom park ticket on a less busy day. EPCOT’s pass would cost more, Hollywood Studios a bit more than that, with the most expensive Premier Pass at Magic Kingdom. To buy a Premier Pass for the Magic Kingdom park on a very busy day such as Christmas would cost $478.19 (after tax) in addition to your park ticket. At Universal Studios Hollywood, which has one theme park with 17 express lines, this pass can cost anywhere from $80 to $170 (not taxable) in addition to the theme park ticket price. The Premier Pass is “priced for someone for whom the time-money tradeoff is different,” Munsil said.

Persons: CNN —, ”, Disney, EPCOT’s, Allen J, what’s, CNN Don Munsil, Munsil, ” Munsil Organizations: CNN, Lightning, Disney, Walt Disney World, Disneyland, Hollywood Studios, Magic Kingdom, Los Angeles Times, Disney Food, The Universal Studios, Universal, Busch Gardens, Universal Studios Hollywood, Universal Resort Orlando, Universal Orlando, Royal Pacific Locations: Florida, California, Animal, Animal Kingdom, Magic, Disney California, ”, SeaWorld, Portofino

☆ She felt trapped in her corporate job in NYC, so she quit and moved to South Korea. Now, she lives alone in a $640-a-month loft.
▼ + stars: | 2024-10-16 | by ( Amanda Goh | ) www.businessinsider.com time to read: +7 min

Chen Teng left her corporate job in New York to move to South Korea in 2016. Now, she lives in a cozy loft and pays 870,000 Korean won, or $640, for rent each month. AdvertisementFeeling trapped at her digital marketing job in corporate America, Chen Teng made a spur-of-the-moment decision to quit and move to a different country. Related storiesHer budget was 10 million Korean won for her deposit, and then under 900,000 won a month for rent. Her rent is 870,000 Korean won, or $640, each month, and Teng paid a deposit of 10 million Korean won for the apartment.

Persons: Chen Teng, —, Teng, weren't, There's, I'm, nothing's, I've Organizations: Service, Yorker, Seoul — Locations: New York, South Korea, Seoul, America, Asia, Korea, Mok, Korean, Brooklyn, Manhattan —, Zillow, New York City

☆ Joan of Arc: Why does her image still resonate?
▼ + stars: | 2024-10-15 | by ( Tacita Quinn | ) edition.cnn.com time to read: +8 min

CNN —More than 800 years after her birth, Joan of Arc — a patron saint of France — remains an object of not just historical, but cultural fascination. Humble beginningsOne of five children in a peasant family in Domrémy, in north-eastern France, Joan was born in the year 1412. The Amazonian image of Joan of Arc in armor is perhaps the most recurrent one in popular culture, inspiring thousands, if not hundreds and thousands, of similar depictions. It also provided the inspiration for Carl Theodore Dreyer’s silent film The Passion of Joan of Arc (1928) starring Renée Jeanne Falconetti. She is also a cautionary tale for young women, a brutal warning of the fickle nature of celebrity and a symbol of morality and strength.

Persons: Joan of Arc, we’ve, Chappell, Joan of, Jeanne Friott, Robert Mercier, Baz Luhrmann’s, Fiona Apple, Joe McNally, ” McNally, unapparent, Chloe Sevigny, Zendaya, Joan, Dauphin, King Charles VII, J, Ingres, Dauphin —, ”, Katherine J, Chen, Joan ”, Jules Bastien, Lepage, Alexander McQueen, Arc, Ingrid Bergman, Victor Fleming, Loomis Dean, Eleanor Jackson, “, ” Jackson, Rubens, Rossetti, Milla Jovovich, Charles, King of France, Luc Besson, Carl Theodore Dreyer’s, Renée Jeanne Falconetti, Rayne Fisher, Quann, ” Chappell Roan, Mike Coppola, ” Fisher, …, I’ve, ’, Roan, Sevigny, —, McNally, InStyle, Fındıkoğlu, Joan’s, Emma Corrin, Hari Nef, Chloe Sevigny's, Sara Jaye Weiss, ” Chen Organizations: CNN, Disney, France, Dauphin, British Library, auburn, Gaumont, MTV, Apple, London Fashion Locations: France, Domrémy, Dauphin of France, Hulton, Orléans, French, Loire, Reims, Compiegne

☆ Here's how natural disasters are shaping the buy-versus-rent decision in vulnerable states like Florida
▼ + stars: | 2024-10-13 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +6 min

Owning a home in high-climate risk states like Florida is becoming tougher amid rising costs. Experts say the next few years will be crucial for housing policy in the wake of severe climate disasters. On the one hand, buyers are facing rising costs as insurance premiums skyrocket. Still, a big advantage to owning a home is the ability to lock in housing costs. That's especially true after climate disasters, according to one study that looked at rent prices following hurricanes in US coastal states.

Persons: Hurricane Milton, homebuyers, Chen Zhao, Jung Hyun Choi, Choi, Katrina, Zhao Organizations: Service, Institute's, Finance Policy Center Locations: Florida, Hurricane, Texas, Georgia, Louisiana, it's

☆ China’s censorship is among the toughest in the world. So why did it let Kanye West play?
▼ + stars: | 2024-10-12 | by ( Chris Lau | ) edition.cnn.com time to read: +9 min

Hong Kong CNN —It seemed like an unlikely stage for Kanye West to unveil his new music. Music fans cheer during Kanye West's Vultures Listening Experience at Wuyuan River Stadium on September 15, 2024. One of the fastest-growing in the world, China’s music market became the fifth-largest market globally in 2022, according to IFPI, a trade body for the recorded music industry. China’s recorded music revenues grew 28.4% in 2022 from the year prior, compared with the global market rise of 9%, IFPI said. Bieber “engaged in a series of bad behaviors, both in his social life and during a previous performance in China,” China’s Ministry of Culture announced in 2015, without going into details.

Persons: –, Ye –, Ye, ”, Luo Yunfei, Xi Jinping, China “, Chen Dan, Mariah Carey, John Legend, Charlie Puth, Chen, Kanye, ” Chen, “, Ye’s, China’s, Hung Ho, fung, Bon, Jovi’s, Lama, Justin Bieber, Jay, Lady Gaga, Bieber “, Culture “, Ho, Johns Hopkins, it’s Organizations: Hong Kong CNN, Kanye, Communist Party, German, Adidas, Sports, Chinese Communist Party, China News Service, University of, Travelers, Xinhua, Kanye West, Visual China, Johns Hopkins University ., Oasis, China’s Ministry of Culture, Ministry, Culture, China, Nanjing University, China Daily, University of Richmond Locations: Hong Kong, China, Hainan, Hainan’s, Haikou, Beijing, Shanghai, “, Tokyo, British, Asia, Nanjing, Johns

☆ China’s ‘whatever it takes’ moment? Investors hope for hundreds of billions in new stimulus
▼ + stars: | 2024-10-11 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +4 min

China's Ministry of Finance, pictured here in Beijing in 2021, is refunding taxes and cutting fees to support economic growth. China's Finance Minister Lan Fo'an is set to hold a press conference at 10 a.m. on Saturday local time on "intensifying" fiscal stimulus policies, the country's State Council Information Office said. Authorities are likely to affirm that at the press conference on Saturday, Zhao said. At the time, Chinese major indexes began to rally, surging over 25% as investors cheered on the slate of stimulus measures. Lan Fo'an, China's Minister of Finance, attends a press conference during the second session of the 14th National People's Congress (NPC) in Beijing on March 6, 2024.

Persons: Cong, Lan Fo'an, NDRC, Zheng Shanjie, Chen Zhao, CNBC's, Zhao, Chetan Ahya, Morgan Stanley, Wang Zhao Organizations: of Finance, Bloomberg, Getty, China's Finance, Beijing, Investors, National Development, Reform, Authorities, China's Ministry, Finance, China's, National People's Congress, Afp Locations: Beijing, country's, Shanghai, Asia

☆ Strategist: The 'Chinese government is panicking', now's the time to get into Chinese equities
▼ + stars: | 2024-10-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStrategist: The 'Chinese government is panicking', now's the time to get into Chinese equitiesChen Zhao of Alpine Macro says Chinese equities are undervalued, and that the recent stimulus push makes them a strong play – but adds that selectivity is remains crucial.

Persons: Chen Zhao

☆ Most Taiwanese believe China unlikely to invade in coming five years, poll shows
▼ + stars: | 2024-10-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +5 min

TAIPEI — Most Taiwanese believe China is unlikely to invade in the coming five years but do see Beijing as a serious threat to the democratic island, a poll by Taiwan’s top military think tank showed on Wednesday. Lee Kuan-chen, another INDSR researcher, said Taiwan's military should continue to boost its defense capacity to build public trust. Taiwan's President Lai Ching-te said on Saturday that it is "impossible" for the People’s Republic of China to become Taiwan’s motherland because Taiwan has older political roots. Taiwan's China policy making Mainland Affairs Council said it was an objective fact that since 1949 the People's Republic of China had never ruled the island. "On the contrary, the Republic of China may be the motherland of the people of the People's Republic of China who are over 75 years old," Lai added, to applause.

Persons: Christina Chen, Chen, Xi Jinping, Yan Zhao, Lee Kuan, Lee, Joe Biden, Lai Ching, Lai, Mao Zedong's, Taiwan Affairs Office's Organizations: Institute for National Defense and Security Research, U.S . Central Intelligence Agency, Getty, Affairs Council, Taiwan Affairs Office, Taiwan Affairs Locations: TAIPEI, China, Beijing, Taiwan, Taipei, AFP, United States, U.S, People’s Republic of China, Republic of China, People's Republic of China, Taiwan's, People's, Republic of China's

☆ How to Say No to Our A.I. Overlords
▼ + stars: | 2024-10-09 | by ( Brian X. Chen | More About Brian X. Chen | ) www.nytimes.com time to read: +1 min

Big tech brands like Google, Apple, Microsoft and Meta have all unleashed tech that they describe as artificial intelligence. Soon, the companies say, we’ll all be using A.I. The companies rely on user activity to train and improve their A.I. systems, so they are testing this tech inside products we use every day. And whenever you use the search tool inside Instagram, you may now be interacting with Meta’s chatbot, Meta AI.

Persons: A.I, Meta’s chatbot Organizations: Google, Apple, Microsoft, Meta, Apple Intelligence

☆ October is the most popular time to use this tax-savings strategy to offset thousands of dollars in income: Morgan Stanley
▼ + stars: | 2024-10-09 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Morgan Stanley notes October as a key month for tax-loss harvesting. Tax-loss harvesting can also be used to offset income by up to $3,000 a year. There are a couple of ways to counter your tax bill through tax-loss harvesting. IRS rules allow you to reduce your taxable income by up to $3,000 in a year from capital losses. According to the Morgan Stanley note, stocks that are susceptible to downward price pressure due to tax-loss harvesting typically see the most downside in October.

Persons: Morgan Stanley, —, Chris Chen, Chen, that's Organizations: Service, Insight Financial, Walmart, Target

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