What investors can learn from emerging markets

Associated Press
These are the countries where TikTok is already banned
TikTok is in the crosshairs of authorities in the U.S., where new legislation threatens a nationwide ban unless its China-based parent ByteDance divests. TikTok is already banned in a handful of countries and from government-issued devices in a number of others, due to official worries that the app poses privacy and cybersecurity concerns. TikTok has long maintained that it doesn’t share data with the Chinese government and its CEO has taken a defiant stance, vowing to fight back.
17m ago
Yahoo Finance
Microsoft beats Q3 top and bottom lines on cloud strength
Microsoft reported better than anticipated Q3 earnings on Thursday, powered by growth in its cloud products.
19m ago
AFP
Refugee voices take centre stage at UK theatre company
In a darkly lit arts studio in London, five young actors highlight their scripts and go over their lines: the latest cast of "Phosphoros Theatre", a company that empowers refugees and asylum seekers to tell their story on stage.The latest Phosphoros production, "Tender", tells the story of a group of refugee friends in London.
22m ago
Yahoo Finance
Alphabet stock surges on earnings beat, dividend announcement
Alphabet reported Q1 earnings on Thursday that beat estimates. The company also announced its first-ever dividend.
22m ago
AFP
Indian election resumes as heatwave hits voters
India's six-week-long election resumed Friday with millions of people lining up outside polling stations in parts of the country hit by a scorching heatwave.More than 968 million people are eligible to take part in India's election, with the final round of voting on June 1 and results expected three days later. sai-abh/gle/pbt
23m ago
Yahoo Finance
Chevron, Exxon profits expected to drop despite rising oil prices
Chevron and ExxonMobil are expected to report a year-over-year decline in earnings per share.
24m ago
Yahoo Finance
Investors are more worried about inflation than a weakening economy
Fresh data on Thursday showed further signs of sticky inflation, pushing bond yields higher and weighing on stocks.
29m ago
Associated Press
5 cars from the Beijing auto show that reflect China's vision for the future of driving
China's vision of the future of the automobile — electrified and digitally connected — is on display at the ongoing Beijing auto show. Organizers say that 117 new models are making their debut at Auto China 2024, which runs through May 4. Xiaomi announced that it had received more than 75,000 orders in the four weeks since the launch of its first car, the SU7, with a list price of 215,900 to 299,900 yuan ($29,800-$41,400).
30m ago
AFP
Xi tells Blinken US, China should be 'partners, not rivals'
Chinese President Xi Jinping on Friday told top US diplomat Antony Blinken that the world's two biggest economies should be "partners, not rivals", but that there were a "number of issues" to be resolved in their relations."There are still a number of issues that need to be resolved, and there is still room for further efforts," the Chinese leader added.
32m ago
AFP
Miner Anglo American rejects BHP's near $39-billion takeover bid
British mining giant Anglo American on Friday rejected a blockbuster $38.8-billion takeover bid from Australian rival BHP, slamming it as "highly unattractive" and "opportunistic"."The proposed structure is also highly unattractive, creating substantial uncertainty and execution risk borne almost entirely by Anglo American, its shareholders and its other stakeholders."
37m ago
CNN
John Roberts and Donald Trump, together again at a legal and political crossroads
During nearly three hours of historic Supreme Court arguments, John Roberts said little. But the cagey chief justice made some points abundantly clear.
48m ago
CNN
White House unbowed on support for Israel despite growing frustration from progressives and unrest on campuses
When President Joe Biden visited Virginia to commemorate Earth Day on Monday, he was joined by Sen. Bernie Sanders, a key architect of the clean energy proposals that Biden was rolling out. But those weren’t the only items on the Vermont independent’s mind.
48m ago
Time
Japanese Town Blocks Popular View of Mt. Fuji to Foil Overtourism
Fujikawaguchiko has been swarmed with tourists, seeking the perfect picture, who have wreaked havoc on a convenience store parking lot.
48m ago
Politico
Amid decline, coal seeks new champions in Washington
The industry's most influential bipartisan backers are leaving, but others will take their place — at least among the GOP.
49m ago
CNN
Overrun Japanese town putting up eight-foot barrier to block tourist photos of Mount Fuji
Fujikawaguchiko has become overrun with foreign tourists trying to get the perfect photo of Japan’s most famous mountain.
53m ago
AFP
Nestle sales slump on weak North America demand for frozen food
Swiss food giant Nestle reported slimmer sales than expected in the first quarter on Thursday, weighed down by weak demand for frozen pizza and snacks in North America."Weakness in the US centered around frozen pizza and snacks, where we saw a combination of soft consumer demand, intense price competition and a reduction in retailer inventories in the quarter," Manz said.
59m ago
Associated Press
Japan announces plans to launch upgraded observation satellites on new flagship rocket's 3rd flight
Japan’s space agency announced Friday a plan to launch a major upgrade to its satellite imaging system, as a new flagship rocket is put to the test for a third time. The Japan Aerospace Exploration Agency that an H3 rocket will be launched from the Tanegashima Space Center, on a southwestern Japanese island, early afternoon on June 30, with a launch window that runs through the end of July. The rocket will be carrying an Advanced Land Observation Satellite, ALOS-4, tasked primarily with Earth observation and data collection for disaster response and mapmaking, as well as with monitoring military activity, such as missile launches, with an infrared sensor developed by the Defense Ministry.
1h ago
AFP
Yen falls further as Bank of Japan stands pat on rates
The Bank of Japan kept its ultra-low interest rates unchanged Friday and stopped short of signalling another hike, pushing the yen to a fresh 34-year low against the dollar.- Global outlier - The BoJ has been a global outlier in sticking to an ultra-loose policy while other central banks pushed rates up as they fought against surging inflation -- causing a wide differential that saw investors push into other currencies.
1h ago
Reuters
Kenya Airways accuses Congo of harassment over detained staff
Kenya Airways on Friday accused the authorities in the Democratic Republic of the Congo of harassment over the continued detention of two of the airline's staff for alleged customs violations despite a court ordering their release. Officers from Congo's military intelligence detained the pair on April 19 for allegedly failing to complete customs documentation related to valuable cargo that was meant to be transported a week earlier, the airline said in a statement. The airline workers have been granted only one short visit by Kenya's embassy staff, Kenya's national carrier said.
1h ago
AFP
Asian markets mixed as strong US tech earnings offset poor data
Markets were mixed on Friday after forecast-topping earnings from Microsoft and Alphabet helped soothe worries that a tech-fuelled rally may have been overdone, while the yen hit a fresh 34-year low after the Bank of Japan stood pat on interest rates.The rally has been helped by blockbuster reports from heavyweights Microsoft and Alphabet, which topped estimates, while the latter also announced its first dividend.
2h ago

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