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With inflation accelerating, Ueda could finally set Japan on a path to raise rates after the BOJ spent a decade fighting deflation risks with its unorthodox bond buying scheme costing trillions of yen. Ueda himself on Friday said current policy settings were appropriate, which also put a bit of a dampener on expectations of any shift. Implied volatility has also eased in the forex options market, suggesting an ebbing in bets on big shifts in the yen exchange rate. "It's not very apparent that (Ueda) would take on the job and then immediately change the policy." To be sure, 10-year Japanese yields were untraded at the BOJ's ceiling on Monday, indicating plenty of investors are staying short.
Breit Flows Aren’t the Be-All and End-All for Blackstone
  + stars: | 2023-01-27 | by ( Telis Demos | ) www.wsj.com   time to read: 1 min
Money swirls around Blackstone . Much of the headline news regarding Blackstone lately has been the much-discussed jump in redemption requests by wealthy individual investors from the nontraded Blackstone Real Estate Income Trust, or Breit. But after dropping on that news late last year, Blackstone’s shares have surged back. Its stock is up 26% so far in 2023, including more than 5.5% after its quarterly earnings report on Thursday. A big reason is that base management fees—one of Blackstone’s core ballasts—continue to grow.
There were new twists on foldable devices, cars that changed colors and smart ovens that live streamed dinners. Patrick T. Fallon/AFP/Getty ImagesBMW unveiled a wild color-changing concept car with 260 e-panels that can change up to 32 colors. During a demo, different parts of the car, including the wheel covers, flashed in varying hues and swirls of colors. A new look for foldable phonesSamsung's Flex Hybrid Display concept folds and slides SamsungSome companies offered a new twist on the foldable phone concept. The lock, which will cost $300, will be available for purchase late this spring, according to a company press release.
Continued pressure to get bigger has big media companies in Hollywood looking to scale up. Media bankers and investors predicted to Insider that dealmaking will rebound in 2023 as companies big and small size up their options for possible tie-ups. Pressure on big media companies to get bigger hasn't gone away. Apple: Could eye a big content prizeTim Cook. Paramount's library could help a streaming company bulk up its content; Netflix for one has explored Paramount's studio business before.
Of seven new dams planned in Laos, at least four are co-financed by Chinese companies, according to Mekong Dam Monitor data. 'WAKE-UP CALL'Farmers in the Vietnamese Mekong River Delta region were not prepared for the speed at which their landscape - and fortunes - have changed. The Mekong River Commission estimated in 2018 that total sediment flow by now would be around 47 million tonnes per year. "Mainstream dams catch everything," said economist Brian Eyler at the Stimson Center, which runs the Mekong Dam Monitor. The Xayaburi and Don Sahong dams in Laos are the most recent to come online, with Xayaburi the largest on the entire Mekong River.
Ava DuVernay has become the first Black woman to have her image on a Ben & Jerry’s pint. directed by Ava DuVernay,” which will feature a mix of vanilla ice cream with salted caramel swirls, graham cracker swirls and gobs of chocolate chip cookie dough. DuVernay personally curated the flavor creation, which will be available in both milk-based and non-dairy versions. “Partnering with Ben & Jerry’s, a company that I’ve long admired for their commitment to social justice, has been a thrill ride. “Framing this up as a new flavor for the first Black woman to be a featured partner on our pints doesn’t do Ava justice,” Matthew McCarthy, Ben & Jerry’s CEO, said in a statement.
An astronomer's map of a heat wave on Jupiter helped solve the planet's "energy crisis" mystery. Solar plasma triggered an aurora at Jupiter's north pole, which sent a heat wave spilling down the planet. He's still studying the features of the heat wave, which he presented at the Europlanet Science Congress in September. O'Donoghue published his team's first research linking Jupiter's aurora to planet-wide heating in 2021. They think the aurora storm and resulting heat wave came from a surge of plasma from the sun.
Robinhood has no direct exposure to FTX, says CEO
  + stars: | 2022-11-10 | by ( ) www.reuters.com   time to read: 1 min
SINGAPORE, Nov 10 (Reuters) - Broker Robinhood has no direct exposure to crypto exchange FTX, chief executive Vlad Tenev said on Twitter. "Despite SBF having an equity stake in Robinhood, we have no direct exposure to Alameda, FTX, or any of its entities," he wrote, referring to FTX CEO Sam Bankman-Fried. He said there were elevated trading volumes recently and that the last couple of days were "our two biggest days of crypto inflows ever." Cryptocurrency markets have been sliding as uncertainty swirls around the fate of FTX. Reporting by Tom Westbrook; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.
When Did Linoleum Get So Luxe?
  + stars: | 2022-11-04 | by ( Sarah Karnasiewicz | ) www.wsj.com   time to read: +1 min
FOR DECADES linoleum has been shorthand for downmarket and drab, the stuff of dingy, unrenovated kitchens and hospital corridors. But lately that bad rap is fading, thanks to creative, environmentally conscious designers who are approaching the material with fresh eyes. In the linoleum renaissance, the colors are rich and sophisticated, the patterns unexpected. In cabinetry and furnishings as well as underfoot, these new, elevated versions argue persuasively that the utilitarian workhorse can deliver practicality with panache. “Around 2000, you started to see a fetishization of luxury and ‘natural’ materials like stone and wood,” said Ms. Lange.
[1/5] Volunteers fill boxes with donated food at the Ottawa Food Bank warehouse in Ottawa, Ontario, Canada October 27, 2022. Demand has surged 33% at the Ottawa Food Bank from pre-COVID-19 pandemic levels, with visits up as spiraling grocery, gas and rent prices, along with fast-rising borrowing costs, leave more Canadians struggling to make ends meet. "That's because the cost of food has risen ... but also because of the number of people that are turning to a food bank right now," said Wilson. "Our wholesalers are definitely more tentative about spending money," said Farnell. "Everyone's nervous ... Will people be spending money?
Midterm elections in the US are just three weeks away. Usually, midterm elections that are just three weeks out are relatively high up on investors' list of concerns as uncertainty swirls around future regulation and fiscal policy. In the 12 months following midterm elections, the S&P 500 has historically risen 17%. "Since 1932, the 12 months following midterm elections have historically been the strongest year for equities in the four-year presidential cycle," a team of strategists led by Ben Snider said in the note. Goldman SachsRegardless of the outcome, however, two market sectors have outperformed most in the two months following midterms: information technology and healthcare.
London CNN Business —UK Prime Minister Liz Truss will hold a news conference Friday amid widespread speculation that she’s getting ready to ditch a big part of her economic strategy unveiled just three weeks ago. Kwarteng flew back from the IMF meeting in Washington, D.C., on Friday for discussions with Truss about the plan. Under pressure, Kwarteng has already brought forward his full budget statement to Oct. 31, more than three weeks earlier than planned. But investors may not be prepared to wait that long for reassurance about the state of Britain’s public finances. — Luke McGee and Zahid Mahmood in London, and Xiaofei Xu in Paris contributed to this article
CNN —The second half of hurricane season is here and there have already been 17 named storms to keep hurricane hunters busy. But have you ever noticed hurricane hunters’ flight patterns shown by meteorologists on TV look like random, odd shapes? Hurricane hunters don’t fly away from these storms like commercial airlines do. There are two distinctive groups of hurricane hunters, the National Oceanic and Atmospheric Administration (NOAA) and the US Air Force Reserve (USAF). Fixed missionsFixed missions are designated for systems that meet tropical cyclone qualifications, such as tropical depressions, tropical storms, and hurricanes.
Today, the Khatri family says they are the only artisans left in the world practicing this traditional craft. "The perfect thread out of this color, which can run on cloth, is in the mind of the artist," Khatri told Business Insider. Khatri told Business Insider, "Now we are just waiting and watching to see what will happen next." "I remember at that time I promised him that I'll dedicate my whole life to this art," Khatri told Business Insider. Since then, the Khatri family has brought rogan art to the international level.
50 of the world’s best breads
  + stars: | 2019-10-15 | by ( Jen Rose Smith | ) edition.cnn.com   time to read: +33 min
In alphabetical order by location, here are 50 of the world’s most wonderful breads. Roti gambang, IndonesiaShutterstockPalm sugar and cinnamon lend a light, aromatic sweetness to roti gambang, a tender wheat bread that’s an old-fashioned favorite at Jakarta bakeries. This is where locals bring rounds of tender wheat dough ready to bake into khobz kesra, one of the country’s homiest breads. Gyeran-ppang, South KoreaShutterstockThere’s buried treasure within every loaf of gyeran-ppang, individually sized wheat breads with a whole egg baked inside. To make malawach, bakers roll wheat dough into a delicate sheet and fold it over a slick of melted butter.
Persons: William Rubel, , Afghanistan Johannes Eisele, lavash, it’s, de, whirl, Egypt Jen Rose Smith, El Salvador Lane Turner, you’ll, Joya de Cerén, injera, France Enrico Spanu, You’re, munch, Jim Chevallier, Emmanuel Macron, Pai bao, confections, snacking, Dökkt, rúgbrauð, India Stuart Freedman, Roti, Iran Behrouz Mehri, sangak –, crumb, Italy Bruce Bisping, Arnaldo Cavallari, Kare, ” Karepanman, Jordan Shutterstock, canai, sourdough, , Mexico Lisa Cherkasky, Morocco Bartosz, Luke E, Rēwena parāoa, haven’t, Broa, South Korea Shutterstock, kisra, Balep, Lama, United States Dixie, Lily, White Lily, , Uzbekistan Shutterstock Flatbreads, they’re, Areperos Organizations: CNN, Getty, UNESCO Intangible Heritage, Montreal bagels, Fairmount, Boston Globe, pats, UNESCO, le, swabbing, National Agency for Cultural Heritage Preservation, Jerusalem, Star Tribune, The Washington Post, Amsterdam’s, Vikings, Sri, Brewers, Turkey VW, Biscuits, United, Washington Post, Uzbekistan Shutterstock Locations: Germany’s Westphalia, Afghanistan, AFP, Lavash, Armenia, Australia, Luchi, Bangladesh, Dhaka, de queijo, Brazil, Montreal, Canada, Marraqueta, Chile, Chilean, el brazo, ” Shaobing, China, Sichuan, Cubano, Cuba, Cuban, Havana, Miami, Florida, Libba, Egypt, El Salvador, San Salvador, Joya, Injera, Ethiopia, Eritrea, Somalia, injera, Baguette, France, Paris, Khachapuri, Georgia, Pumpernickel, Germany, Soest that’s, Hong Kong, Dökkt rúgbrauð, Iceland, Laugarvatn, Paratha, India, Roti gambang, Indonesia, Jakarta, Indonesian, Gouda, Edam, Iran, Ireland, Israel, Tel Aviv, you’ll, United States, Ciabatta, Italy, Jamaica, South America, Caribbean, Japan, panko, Amman, canai, Malaysia, Malta, Maltese, Mexico, kesra, Morocco, Moroccan medina, ferran, Navajo, Arizona, New Mexican, powwows, Netherlands, San Francisco, New Zealand, Lefse, Norway, Europe, Norwegian, Podplomyk, Poland, milho, Portugal, Americas, Karavai, Russia, Sardinia, of Piedmont, there’s, Proja, Serbia, Serbian, South Korea, Seoul, Sri Lanka, Colombo, Kisra, Sudan, South Sudan, Sweden, Sweden’s, Balep korkun, Tibet, Simit, Turkey, Istanbul, United Kingdom, British, Uzbekistan, Arepa, Venezuela, Venezuelan, Malawach, Yemen
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