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Adrienne Hurst and Dan Farrell andListen and follow ‘The Daily’Apple Podcasts | Spotify | StitcherAlmost everyone who reads “American Born Chinese,” Gene Luen Yang’s groundbreaking graphic novel, is a little afraid of Chin-Kee. The book is a classic of young-adult literature, threading together stories of Asian American boyhood with a revered Ming dynasty novel. Chin-Kee’s role in it is a small one, but he is the bomb at the book’s heart. He makes the old schoolyard “me Chinese” rhymes and begins sentences with “Confucius say …” He sings “She Bangs,” in a library, in the style of the “American Idol” contestant William Hung. A laugh track runs in a ribbon under each scene, a brutal little receipt: “HA HA HA HA HA.”So when news arrived, in 2021, that “American Born Chinese” would be adapted as a live-action Disney+ streaming series, the first reaction from some readers was, more or less, “Oh, no.”

Persons: Adrienne Hurst, Dan Farrell, Gene Luen, Chin, Kee, “ Confucius, Bangs, ”, William Hung Organizations: Spotify, Idol

☆ The Moral Crisis of America’s Doctors
▼ + stars: | 2023-06-15 | by ( Eyal Press | ) www.nytimes.com time to read: +6 min

Dean’s essay caught my eye, too, because I spent much of the previous few years reporting on moral injury, interviewing workers in menial occupations whose jobs were ethically compromising. There are, of course, plenty of doctors who like what they do and feel no need to speak out. But more and more doctors are coming to believe that the pandemic merely worsened the strain on a health care system that was already failing because it prioritizes profits over patient care. They are noticing how the emphasis on the bottom line routinely puts them in moral binds, and young doctors in particular are contemplating how to resist. They’re the instruments of betrayal.”Not long ago, I spoke to an emergency physician, whom I’ll call A., about her experience.

Persons: roustabouts, I’d, “, Will, Ming Lin, Lin, Robert McNamara, ” Dean, Jonathan Shay, ”, couldn’t, she’d Organizations: St, Joseph Medical Center, Blackstone Group, Temple University Locations: Bellingham, Wash, Philadelphia, United States

☆ China may cut rates further in H2, government researcher says
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: +1 min

BEIJING, June 6 (Reuters) - China will likely further cut banks' reserve ratio and interest rates in the second half of this year to support the economy, the China Securities Journal reported on Tuesday, citing policy advisors and economists. China's economy rebounded faster than expected in the first quarter but lost momentum at the beginning of the second. Zhang Ming, a researcher at the Chinese Academy of Social Sciences, a top government think tank, told the state newspaper that low inflationary pressures in China will provide room for monetary easing. China can consider further rate cuts and target the reserve requirement ratio (RRR) cuts to lower lending costs, said Zhang. Li Chao, chief economist at Zheshang Securities, also expects potential rate cuts and RRR cuts in the second half of this year, the report said.

Persons: Zhang Ming, Zhang, Li Chao, Ziyi Tang, Ryan Woo, Shri Navaratnam Organizations: China Securities, Chinese Academy of Social Sciences, Zheshang Securities, U.S . Federal Reserve, United, Thomson Locations: BEIJING, China, Beijing, United States

REUTERS/Ann WangTAIPEI, June 3 (Reuters) - A Taiwan theatre is showcasing a Hong Kong play about Tiananmen Square to mark the 34th anniversary of the crackdown in Beijing, saying almost as much about shrinking freedoms in the former British colony as it does about the 1989 bloodshed. The play is about parents grieving for their son killed in Tiananmen Square. The theatre group that staged it, Stage 64, disbanded in 2021, citing pressure under the national security law. An alliance of Hong Kong activists that used to organise the annual Tiananmen vigil was disbanded after the arrest of several of its leaders in 2021. Some actors will use stage names and two Hong Kong actors will wear masks.

Persons: Hong, Ann Wang, It's, it's, Chung, Candace Chong, Chiu, Ming, Angie Teo, Jessie Pang, Fabian Hamacher, Robert Birsel Organizations: REUTERS, Amnesty, Hong, Amnesty International, Thomson Locations: Taipei, Taiwan, Ann Wang TAIPEI, Hong Kong, Beijing, Tiananmen, London , New York, Berlin, China, Amnesty International Taiwan, Britain

☆ Why Apple's VR headset could succeed where every similar product has failed
▼ + stars: | 2023-06-01 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

On Monday, Apple is expected to announce its first new major product line since the Apple Watch in 2014. During Apple's software-focused developer conference, WWDC, it could release its first mixed-reality headset, according to analyst research, media reports and increasingly, vague references from Apple itself. The headset, according to reports, will feature high-definition screens in front of the user's eyes. But since then, sales for existing VR headsets haven't been great, usage has been worse and the anticipated explosion in successful VR software companies hasn't happened. Apple's headset is expected to be more powerful than what's out there — even current $6,500 VR headsets.

Persons: what's, Apple, Wamsi Mohan, Microsoft's Hololens, Ming, Chi Kuo, Cowen, Krish Sankar, Peggy Johnson, it's Organizations: Apple, Apple Watch, Bank of America, Facebook, Meta, VR, U.S . Army, TFI Securities, CNBC

☆ Giant isopod: A 14-legged crustacean is Taipei’s hottest new menu item
▼ + stars: | 2023-05-30 | by ( ) edition.cnn.com time to read: +3 min

A 14-legged giant isopod is the highlight of a new dish at a ramen restaurant in Taipei and it has people queuing up—both for pictures and for a bite from this bowl of noodles. “It is so attractive because of its appearance - it looks very cute,” said the 37-year-old owner of the restaurant, who wanted to be identified only as Mr. Hu, as he held up a giant isopod while customers took pictures. A customer said the meat tastes like a cross between crab and lobster with a dense texture and some chewiness. Giant isopods - a distant cousin of crabs and prawns - are the largest among the thousands of species in the crustacean group, the NOAA Ocean Exploration said on its website. Diners sample -- and photograph -- the isopod ramen.

[1/5] Digell Huang, 34, one of the two reserved customers tries the giant isopod ramen in Taipei, Taiwan May 27, 2023. REUTERS/Ann WangTAIPEI, May 28 (Reuters) - A 14-legged giant isopod is the highlight of a new dish at a ramen restaurant in Taipei and it has people queuing up - both for pictures and for a bite from this bowl of noodles. "It is so attractive because of its appearance - it looks very cute," said the 37-year-old owner of the restaurant, who wanted to be identified only as Mr. Hu, as he held up a giant isopod while customers took pictures. "As for the cooking method, we use the simplest way, steam, so there is no difficulty to process it." The restaurant steams the isopod for 10 minutes before adding it to the top of a bowl of ramen with thick chicken and fish broth.

☆ China's Lenovo shrugs off concerns that global PC market is shrinking
▼ + stars: | 2023-05-25 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

Revenues for the world's largest PC-maker Lenovo fell for a third consecutive quarter as global demand for personal computers continue to slump, but the company is not worried, says CFO Wong Wai-Ming. Clearly, when the market actually returns back to more normal, we will definitely be growing," Wong Wai-Ming, CFO of Lenovo, told CNBC. He added that the company is actually seeing higher growth in other businesses such as infrastructure solutions and services. In its latest earnings report on Wednesday, Lenovo said it expects "the PC market will return to growth" in the second half 2023. "Fiscal year Q4 was the most challenging quarter of the year given pressures from both the PC market and the global economy," said Lenovo in the earnings report.

Persons: Wong Wai Organizations: Lenovo, CNBC, Revenue

☆ Victor Wembanyama: How ‘Wembymania’ gripped France due to the most exciting draft prospect since LeBron James
▼ + stars: | 2023-05-16 | by ( Ben Morse | ) edition.cnn.com time to read: +10 min

There have been few players whose journey to the pinnacle of basketball have been as highly followed; in figures released by the NBA, Wembanyama is No. And I keep having to explain to them that having a sold-out, 15,000-people crowd for a regular French professional basketball game is not normal at all,” she said. His father was a high jumper, his mother was a former basketball player who is now a coach and his two siblings – older sister Eve and younger brother Oscar – are basketball players. And the French basketball system where he has been nurtured has helped develop his unique talent, says Krasnoff. “And it certainly has driven US interest in French basketball, at least as far as Wembanyama is concerned.

HONG KONG, May 16 (Reuters) - Hong Kong's leader said on Tuesday public libraries needed to ensure books don't violate local laws, amid criticism that many books and videos related to China's Tiananmen Square crackdown have now been removed from library shelves. If they want to buy, they can buy," Hong Kong's chief executive John Lee told reporters when asked about the removal of June 4 literature and documentaries from public libraries. "What libraries need to do is to ensure that there's no breach of any laws in Hong Kong, including of course, copyrights etc, and also if they spread any kind of messages that are not in the interests of Hong Kong," Lee added, without elaborating. Public memorials and commemorations of China's bloody Tiananmen Square crackdown in 1989 were once allowed in Hong Kong, unlike mainland China where it is a taboo and censored topic. Hong Kong's Ming Pao newspaper reported that more than 40 percent of video materials and books involving "political themes" had been removed from public libraries since 2020.

☆ Top Apple analyst says iPhone 16 Pro will get an even bigger screen and new periscope camera
▼ + stars: | 2023-05-16 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

Ming-Chi Kuo, a renowned Apple analyst, said in a blog post Tuesday that he predicts that a bigger screen and a periscope camera will be features of the iPhone 16 Pro. Kuo said that the iPhone 16 Pro's display will be "slightly larger" than the screens on the current iPhone 14 Pro and the upcoming iPhone 15 Pro. A periscope camera offers improved zoom capabilities, and Kuo said he expects the iPhone 16 Pro and the even larger iPhone 16 Pro Max to have them. Kuo's comments echo another industry analyst, Ross Young, who said that the iPhone 16 Pro and the iPhone 16 Pro Max will get bigger screens. When another user guessed that the iPhone 16 Pro would increase from 6.1 to 6.4 inches, and the iPhone 16 Pro Max would increase from 6.7 to 6.9 inches, Young replied "close."

☆ Qing dynasty jars bought for $25 at thrift store fetch over $74,000
▼ + stars: | 2023-05-12 | by ( Hafsa Khalil | ) edition.cnn.com time to read: +3 min

London CNN —A pair of jars purchased as part of a batch of ceramics from a London thrift store for £20 ($25) sold for almost 3,000 times that after they were found to date back to the Qing dynasty. They saw the items in a thrift store last year and just “had to acquire them,” without even knowing their value. “I think anyone who is in the presence of imperial Chinese porcelain, regardless of their experience, will feel drawn to them on some level,” Forrest said. But he added that Chinese porcelain is a very specialized field and, given the donations charities receive, charity workers can be forgiven for overlooking them. However, he said the seller would donate a “significant portion” of the profits to the charity that owned the thrift store, although no exact sum has been given.

[1/3] People walk past a branch of Industrial and Commercial Bank of China (ICBC) in Beijing, China April 1, 2019. REUTERS/Florence LoSummarySummary Companies Top five lenders post shrinking net marginsNon-performing loans hold steady at all fiveQ1 net profit growth mostly flatSHANGHAI/BEIJING, April 28 (Reuters) - Five of China's largest lenders posted shrinking margins in the first quarter on Friday, as loan re-pricing bites. Following suit were Agricultural Bank of China Ltd (AgBank) (601288.SS), Bank of China (BoC) (601988.SS), China's Bank of Communications Co Ltd (BoCom) (601328.SS), and China Construction Bank Corp (CCB)(601939.SS), all posting dips in their NIM. All lenders posted flat to around 5% net profit growth with BoCom logging the highest first-quarter net profit at over 5%. AgBank came in second with 1.75% as the others posted flat net profit growth over the same period.

Hong Kong CNN —A Taiwan political activist has been formally arrested on suspicion of “secession” in China, more than eight months after he was detained amid heightened tensions across the Taiwan Strait. Taiwan’s Mainland Affairs Council said they had repeatedly reached out to mainland authorities about Yang’s detention but had not received a direct response. In 2019, he became the vice chairman of the Taiwan National Party, a fringe political party advocating Taiwan independence. Handcuffed and escortedCCTV said Yang had long advocated the idea of “Taiwan independence” and founded the Taiwan National Party to push for Taiwan to become an independent, sovereign country and a member state of the United Nations. However, Taiwan’s Mainland Affairs Council reminded Taiwan citizens to evaluate the risks before traveling to mainland China, citing the “repeated occurrence of similar cases recently,” without elaborating on the incidents.

☆ Apple's VR headset will reportedly run hundreds of thousands of iPad apps
▼ + stars: | 2023-04-24 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Apple' s virtual reality headset will run with hundreds of thousands of iPad apps and take an all-encompassing approach to features, according to Bloomberg. In a bid to entice both developers and consumers, Apple has included gaming, fitness, and e-reader functionality for the virtual reality headset, Bloomberg reported. The headset will run most of Apple's flagship iPad apps, including Books, Camera, FaceTime, Maps and Messages. There are also hundreds of thousands of third-party iPad apps that will reportedly be compatible with the headset at launch. Apple's headset will reportedly cost a minimum of $3,000, three times as expensive as Meta 's high-end Quest Pro.

☆ Leaked memo reveals Disney's new finance structure as more layoffs loom, with a reported 15% of entertainment staffers to be cut
▼ + stars: | 2023-04-22 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +8 min

Disney's chief financial officer, Christine McCarthy, named a new finance team pulling together staff from both Disney Entertainment and ESPN. McCarthy shared the details with staff this week, naming Bryan Castellani as the new chief financial officer of Disney Entertainment and ESPN. Under Castellani, Lukas Wickart will continue to oversee finance for direct-to-consumer streaming business Disney+, ESPN+, Hulu, and Star. Karen Sack will oversee finance for our entertainment television businesses, including TV studios and ABC News finance, marketing, and networks planning. Jeff Grenn will oversee segment consolidation for Disney Entertainment, and finance in support of Aaron LaBerge's technology organization across Disney Entertainment and ESPN.

☆ Analysis: China's 'atypical' deflation cycle gives central bank a headache
▼ + stars: | 2023-04-19 | by ( Kevin Yao | ) www.reuters.com time to read: +5 min

China GDP"China is entering an 'atypical' deflation cycle, which means deflation amid economic recovery," said Jinyue Dong, senior economist at BBVA research. China's new bank lending hit an all-time high in the first quarter. The central bank cut lenders' reserve requirements ratio (RRR) for the first time this year in March. But analysts say that is largely due to last year's low base caused by COVID-19 curbs that hit consumers the hardest, rather than underlying household demand. Reuters GraphicsNew household loans, mainly mortgages and consumer loans, accounted for 16% of total new loans in the first quarter, despite a jump in mortgages in March, while corporate loans made up for the rest.

☆ Cirrus Logic slumps as analyst says Apple to abandon button design change
▼ + stars: | 2023-04-12 | by ( ) www.reuters.com time to read: +2 min

April 12 (Reuters) - Shares of Apple Inc (AAPL.O) supplier Cirrus Logic Inc (CRUS.O) tumbled about 12% after a renowned analyst said the iPhone maker will abandon the solid-state button design for premium variants of its iPhone 15 series of smartphones. Amid speculation Apple would use a button format that remains static, TF International Securities analyst Ming-Chi Kuo, known for his accurate predictions related to Apple's product launches, said in a blog post the company decided to abandon the design shift. "Investors had anticipated that the new solid-state button design would increase suppliers' revenues and profits," Kuo said. Shares of integrated circuit maker Cirrus Logic have hit their lowest in over two months and are set for their worst day in about two years. Cirrus Logic declined to comment.

☆ Apple reportedly nixes iPhone 15 button upgrade, sending supplier stock down 12%
▼ + stars: | 2023-04-12 | by ( Rohan Goswami | ) www.cnbc.com time to read: +1 min

The Apple iPhone 14, iPhone 14 Pro, and iPhone Pro Max on sale at the company's Fifth Avenue store in New York, US, on Friday, Sept. 16, 2022. Photographer: Jeenah Moon/Bloomberg via Getty ImagesApple supplier Cirrus Logic's shares fell about 12% early afternoon Wednesday after a report from analyst Ming-Chi Kuo said that the upcoming iPhone 15 Pro won't use Cirrus' haptic touch technology as heavily as initially expected. Cirrus' technology and parts help power Apple's haptic touch systems, which have been used to replace physical buttons, like the home button on some iPhones, with touch-sensitive buttons that mimic the way a button push feels. Cirrus' relationship with its "largest customer," widely acknowledged as Apple, provided around 88% of its revenue for the most recent quarter. Kuo had previously said that Apple would expand its use of Cirrus' technology beyond haptic touch and replace the physical volume buttons with solid-state technology.

☆ Stocks making the biggest moves midday: MongoDB, American Airlines and more
▼ + stars: | 2023-04-12 | by ( Jesse Pound | ) www.cnbc.com time to read: +3 min

Employees of American Airlines help check in passengers at Ronald Reagan Washington National Airport on January 11, 2023 in Arlington, Virginia. Here's a look at some of the stocks making the biggest moves on Wednesday. MongoDB — Shares jumped 9.4% after Morgan Stanley upgraded MongoDB to overweight from equal weight, citing the software company's leadership in cloud optimization initiatives. American Airlines , Delta Air Lines , United Airlines — Shares of the major airline companies were under pressure on Wednesday after American Airlines updated its first-quarter guidance. Shares of American fell more than 9%, while United dropped about 2% and Delta shed nearly 6%.

☆ Smaller Chinese banks cut deposit rates on squeezed margins
▼ + stars: | 2023-04-11 | by ( ) www.reuters.com time to read: +3 min

BEIJING, April 11 (Reuters) - Several small and mid-sized banks in China have lowered their deposit interest rates, a move that could help ease costs as loan growth faces more pressure amid rising economic risks. "But the costs of liabilities of banks remain relatively rigid, and net interest margins continue to shrink, which added to their operating pressures," he said. Nicholas Zhu, a banking analyst at Moody's, said smaller banks' pricing changes usually follow larger banks' initiatives with a time lag. In September, China's largest banks lowered deposit rates in their first broad-based move since 2015 to ease margin pressure. Lower deposit rates could also help ease banks' margin pressures at a time when investors have raised their hopes for a cut in lending rates to prop up the economy.

☆ Great Wall of China: Six sections with beautiful views
▼ + stars: | 2023-04-07 | by ( ) edition.cnn.com time to read: +13 min

Whether you’re planning to visit the Great Wall for the first time or the 50th, the following destinations are sure to make your trip to China even more worthwhile. The juxtaposition of its ruins against the rammed-earth Great Wall makes Bataizi a unique place to spend a morning or afternoon. Laoniuwan (aka the Old Ox Bend Great Wall)Laoniuwan, where the Great Wall and the Yellow River meet. Alex SherrAs the locals say, Laoniuwan is where the Great Wall and the mighty Yellow River shake hands. The piled-stone wall at Dushikou is unique, as many other sections of the Great Wall close to Beijing were constructed using kiln-fired bricks.

Persons: CNN —, I’ve, Alex Sherr, ”, Alex Sherr Mutianyu, you’ll, William Lindesay, Pan, Zuoyun, You’ll, Simatai, Yatou’s, Emperor Jiajing, Lamb Organizations: CNN, Tourism, UNESCO, Northern Barbarians Locations: Beijing, China, Turtle, Gansu, Sitan, Jingtai County, City, Jingtai, Lanzhou, Gansu province, Turtle City, Lanzhou Zhongchuan Airport, it’s, Mutianyu, Jiankou, Xizhazi, Bataizi, Datong, Shanxi province’s, Zuoyun, Zuoyun County, Laoniuwan, Pianguan County, Xinzhou, Shanxi province, Inner Mongolia, marveling, Pianguan, Tangjiazhai, Beijing’s Miyun, Miyun, It’s, Dushikou, Chicheng, Hebei province, Hebei, Liuliqiao

☆ Taiwan president discusses 'regional situation' ahead of McCarthy meeting
▼ + stars: | 2023-04-05 | by ( ) www.reuters.com time to read: +1 min

TAIPEI, April 5 (Reuters) - Taiwan President Tsai Ing-wen met with senior security officials on Tuesday to discuss the "regional situation" ahead of her meeting with U.S. House Speaker Kevin McCarthy in California, which China has demanded not take place. China, which claims Taiwan as its own territory, has threatened unspecified retaliation if the get-together, scheduled for Wednesday, happens. After then-House Speaker Nancy Pelosi visited Taipei in August, China staged war games around Taiwan. Tsai "listened to a briefing on the overall regional situation", her office said in a statement. Taiwan has no far not reported any unusual Chinese military movements ahead of the McCarthy meeting.

☆ Apple CEO Tim Cook explains why people might want a mixed reality headset
▼ + stars: | 2023-04-03 | by ( Rohan Goswami | ) www.cnbc.com time to read: +2 min

Apple CEO Tim Cook poses for a portrait next to a line of new MacBook Airs as he enters the Steve Jobs Theater during the Apple Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California on June 6, 2022 . Apple CEO Tim Cook recently explained in an interview with GQ why people might want the sort of mixed reality headset his company is expected to announce in the coming months. In short: art, communication, "creative" applications, and corporate environments, Cook told GQ. "The idea that you could overlay the physical world with things from the digital world could greatly enhance people's communication, people's connection," Cook told GQ. Meta has struggled to find success with its virtual reality business, called Reality Labs.

☆ Apple analyst Kuo says headset faces 1-2 month delay, prompting uncertainty over WWDC launch
▼ + stars: | 2023-03-30 | by ( Rohan Goswami | ) www.cnbc.com time to read: +1 min

Apple's widely anticipated mixed-reality headset may not be ready in time for the company's June WWDC event, top Apple analyst, TFI Securities' Ming-Chi Kuo, wrote on Twitter Thursday. The Apple Watch was announced in Sept. 2014 but didn't launch until April 2015. Apple expects to sell at most 300,000 headsets in 2023, Kuo wrote. The best hope for Apple is that headset growth matches the trajectory of the Apple Watch, evolving from a "small portion" of the company's business into a "centerpiece," Gurman wrote. Kuo is regarded as one of the most accurate Apple analysts, and has reported on Apple's shifting approach to the launch of its long-awaited headsets.

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