Coffee Break World View 23 Jun

Coffee Break World View 23 Jun

(World and India News – Tomorrows News Today)

QUOTES

  • Don’t drink to forget me, you’ll end up seeing me double.
  • It’s not important to win, it’s important to make the other guy lose.
  • Maybe there are no excuses to be lazy, but I’m still going to keep looking.
  • Yes, officer, I saw the speed limit, I just didn’t see your car.

Asian ?Markets June 23rd * Scroll down (data go to www.truedata.in)

WORLD NEWS

  • The Chinese central bank cut the one-year loan prime rate by 10 basis points from 3.65% to 3.55%, and trimmed the five-year loan prime rate by 10 basis points from 4.3% to 4.2% — for the first time since August.
  • Bank of England hikes rates to 5% in surprise move to tackle stubborn inflation
  • Dollar, yields rise after Powell comments, Bank of England rate hike
  • Global watchdog seeks action on 'too little, too late' corporate goodwill write-down
  • TSX falls for fifth day as global rate hikes spook investors
  • Argentina posts weakest growth since 2020 as drought hits farm sector
  • Lithium producers warn global supplies may not meet electric vehicle demand
  • US climate change lawsuit seeks $50 billion, citing 2021 heat wave
  • Heatwave hits both coasts of U.S.
  • Japan's inflation stays above BOJ target, key gauge hits 42-year high
  • Mexico's 'super peso' keeps gaining, but exports will likely suffer
  • Morning Bid: Another round of rate hikes, macro data on tap
  • Investors shelve China assets before bigger stimulus
  • US, India agree to terminate six disputes at WTO
  • U.S. President Joe Biden hosts India’s Prime Minister Narendra Modi for an official White House State Visit in Washington
  • Frustrated oil bulls made to wait for price recovery
  • Disinflation as consumer spur creates policy poser
  • Biden crosses fingers Fed achieves 'soft landing'
  • Stocks slip as Powell hints at further rate hikes
  • U.S. stocks fell on Wednesday as Federal Reserve Chair Jerome Powell said the fight to lower inflation still has a "long way" to go, while shares of Tesla and AI-related stocks also weighed on the major indexes.
  • CIO sees two rate hikes, inflation near 3% by year end
  • Tesla stock 'has moved too far, too fast' -CIO
  • US stocks take a breather after sustained rally
  • Broadening US stock market gains 'encouraging' -market strategist
  • African Union holds annual heads of state and government summit in Addis Ababa
  • Zambia seals $6.3 billion debt restructuring deal
  • Oil steadies after sliding on UK rate hike
  • South Korean president visits Vietnam as bilateral trade slumps
  • German Chancellor Scholz visits Siemens Energy site in Muelheim an der Ruhr
  • Siemens Energy scraps profit outlook as wind turbine troubles deepen
  • New orders and supply chain progress as Paris Airshow grapples with pandemic aftermath
  • South African rand weakens against stronger dollar
  • Nasdaq to sell debt worth $5 bln to fund Adenza deal
  • Fed's Powell says rate hikes will come at a "careful pace" from here
  • BlackRock announces fresh layoffs impacting less than 1% of staff - memo
  • Japan's factory activity hampered by weak demand - PMI
  • Japan's manufacturing activity fell back into contraction in June and service sector growth slowed for the first time in seven months, surveys showed on Friday, as business confidence and demand weakened.
  • Gov't spending to drive India growth this fiscal year, economists say: poll
  • US jobless claims hold at 20-month high, existing home sales tick up in May
  • Turkey delivers big rate hike to 15% but U-turn still underwhelms
  • Ocado shares soar on rumors of Amazon takeover bid
  • Mastercard launches credit card recycling scheme
  • Generation AI: manga yes, Grammys no
  • Amazon 'duped millions of consumers' -FTC lawsuit
  • ?China unveils $72 bln tax break for EVs
  • Euro zone consumer confidence rises to -16.1 in June
  • US existing home sales edge up but prices drop by most since 2011
  • ?Is Britain on the edge of a mortgage market meltdown?
  • ?Investors increase bets on UK recession as rate hikes bite
  • ?Investors keep bets on U.S. rates soon topping out, despite Powell's hawkishness
  • Indian central-bank members diverge on further rate hikes as growth risks emerge
  • Labour scarcity could sustain euro zone inflation: ECB's Nagel
  • Philippines central bank extends rate hike pause, cut 'unlikely' in near future
  • Analysis: Asia heatwaves put its renewable power fleet to the test
  • Facebook to end news access in Canada over incoming law on paying publishers
  • Bankrupt Vice Media plans sale to Fortress Investment-led group
  • Titanic sub destroyed in 'catastrophic implosion,' all five aboard dead
  • Narendra Modi denies religious discrimination exists in India
  • Biden, Modi take careful aim at China, Russia in joint statement
  • Japan's Core consumer inflation has now stayed above the central bank's 2% target for 14 straight months.
  • Ukraine hits bridge linking Crimea to mainland in blow to Russian supply route
  • 'Alarming' rise in diabetes expected globally by 2050, study says
  • Greta Thunberg says France targeting climate activists
  • Kenya could follow Uganda as East African nations wage war on LGBT rights
  • The race is on to crack commercial nuclear fusion
  • Rights concerns loom as Biden welcomes India's Modi
  • Brazil's President Lula meets with Pope Francis
  • U.S. House side-lines far-right Republican impeachment vote on Biden
  • 'Rust' armorer faces new charge of tampering with evidence
  • At least 209 Pakistanis were on board migrant boat that sank off Greece, data suggests
  • EU top diplomat Josep Borrell opens partnership mission in Moldova
  • No breakthrough as EU's Borrell holds crisis talks with Kosovo, Serbia leaders
  • Pope Francis meets with Kosovo's Prime Minister Albin Kurti at the Vatican
  • South Carolina House members debate a new near-total ban on abortion in Columbia, South Carolina
  • Wyoming judge blocks ban on abortion pills -report
  • Medicare offers details on reimbursement for new Alzheimer's drugs
  • Moderna seeks US FDA authorization for updated COVID vaccine
  • Unusual heat wave with high temperatures, in Monterrey
  • Mexico's heat wave strains energy grid with record demand
  • International Boxing Association is stripped of its recognition, Olympic Committee says
  • ISS is photographed by Expedition 66 crew member from aêSoyuz MS-19êspacecraft
  • Dutch weigh law to ban cruelly overbred pets
  • Malaysia to take legal action against Meta for harmful content
  • South Korea, U.S. agree to step up cyber security cooperation at high-level meeting
  • Explosion at a barbecue restaurant in Yinchuan
  • Chinese authorities convene safety conference following restaurant blast
  • Australia names air force veteran as cybersecurity chief amid rise in data breaches
  • Dollar rises as hawkish central banks dent risk sentiment, sterling slips
  • Australia PM says no threat from Russian diplomat squatting on site of proposed embassy
  • US to ease visas for skilled Indian workers as Modi visits
  • GE plan to make fighter jet engines in India is a big deal
  • US appeals court vacates travel mask mandate ruling
  • US FTC argues Microsoft's deal to buy Activision should be blocked
  • Quality of new vehicles in US declining on more tech use, study shows
  • Ford preparing for new round of layoffs for US salaried workers, Wall Street Journal reports
  • Citi will hold employees 'accountable' for office attendance -statement
  • Accenture signals more pain for IT industry with disappointing forecast
  • Warren Buffett's charitable giving tops $51 billion
  • Battle of billionaires: Musk's Starlink eyes India, Ambani resists
  • MOVEit hack claims Calpers and Genworth as millions more victims impacted
  • California, other states join FTC bid to block Amgen deal
  • For New Zealand exporters, China both a target and a risk

INDIA NEWS

  • Biden, Modi hail new era for US-India ties and tout deals
  • Narendra Modi denies religious discrimination exists in India
  • Gov't spending to drive India growth this fiscal year, economists say: poll
  • Biden and Modi urge Pakistan to act against extremist attacks
  • Biden, Modi take careful aim at China, Russia in joint statement
  • Indian central-bank members diverge on further rate hikes as growth risks emerge
  • Indian rupee seen mostly resilient to yuan-fuelled decline in Asia FX
  • US to ease visas for skilled Indian workers as Modi visits
  • Flurry of US-India deals on AI, defense as Biden, Modi meet
  • Indian shares set for muted start as profit-booking seen around record levels
  • Byju's auditor Deloitte, three board members sever ties with embattled edtech startup
  • Indian government likely to offer assured base pension in compromise with states
  • India's market regulator bars Eros Group entities, MD Lulla from securities market
  • US, India agree to terminate six disputes at WTO
  • Battle of billionaires: Musk's Starlink eyes India, Ambani resists
  • Indian shares slip on caution over valuations, hawkish central banks
  • India's Lumikai launches $50 million gaming, interactive media fund
  • Indian gaming-focused venture capital (VC) fund Lumikai on Thursday said it has launched a $50 million fund, which includes investments from South Korea's Krafton and Japan's Colopl .
  • Star-Studded State Dinner For PM Modi, Top Businessmen Attend
  • Court Asks UP To Submit Report On Healthcare Rights, Toilet Facilities For 3rd Gender
  • Assam Floods: Nearly 5 Lakh People Affected Across 22 Districts
  • Amid PM's Visit, US Lawmakers Propose Law To Fast-Track Arms Sale To India
  • Biden, PM Modi Welcome India's Plans To Procure MQ-9 Reaper Predator Drones
  • 72-Year-Old Man Stabbed To Death In Delhi, 3 Arrested: Police
  • "India Is Home To All Faiths In world": PM Modi In US Congress
  • Mukesh Ambani, Anand Mahindra Attend PM's State Dinner.
  • "Stability Of Indo-Pacific A Shared Concern," PM Modi Tells US Congress
  • "No Ifs And Buts In Dealing With Terrorism": PM Modi To US Congress
  • Ready To Contribute In Any Way To Restore Peace In Ukraine: PM Modi In US
  • Must Do All We Can To Stop Bloodshed In Ukraine": PM Modi To US Congress
  • "Democracies Matter And Democracies Deliver," PM Modi Tells US Congress
  • India, US Plan To Send Indian Astronaut To International Space Station In 2024: Biden
  • Obama Talks About "Protecting Minority Rights" In India. What Biden Said
  • "Nature A Part Of Our Culture": PM Modi On Efforts To Counter Climate Change
  • Asked About "Rights Of Muslims", PM Modi Says "No Discrimination In India"
  • Previous Government Suffered From Policy Paralysis, Says Devendra Fadnavis
  • Smoke On Mumbai-Bound Train Triggers Chaos In Chennai
  • Nitish Kumar Calls On Arvind Kejriwal In Patna Ahead Of Big Opposition Meet
  • Weeks After Odisha Train Crash, Railways Transfers 5 Top Officers
  • No Plans To Shift Cheetahs Outside Kuno National Park": Union Minister
  • Indira Gandhi Was Powerful PM, Gave Sense Of Pride To Country: Sharad Pawar
  • DRDO and L&T Join Hands For AIP System For Navy's 'Kalvari' Class Submarines
  • Amit Shah's J&K Visit Tomorrow Days After 5th Anniversary Of Central Rule
  • 2 J&K Doctors Sacked For Twisting Facts in 2009 'Rape-Murder' Case: Sources
  • Mamata Banerjee Touches Lalu Yadav's Feet Ahead Of Opposition Meet
  • Mamata Banerjee Meets Nitish Kumar In Patna Day Before Big Opposition Meet
  • "This Is False": Centre Denies Reports On Possible Tweak In Pension System
  • 22 Indian Fishermen Arrested For Allegedly Poaching In Sri Lankan Waters
  • "Religious Pluralism Core Principle For India, US": Joe Biden To PM Modi
  • 10 Killed As Car Falls Into Gorge In Uttarakhand
  • BYJU's Denies Reports Of 3 Board Members Stepping Down
  • Akhilesh Yadav To Be Lone UP Leader At Crucial Opposition Meet Tomorrow
  • "Will Fight Like A Family": Mamata Banerjee Ahead Of Oppostion Meet
  • Uddhav Thackeray To Attend Opposition Meet In Patna Tomorrow
  • UK Ex-Teacher Payed, Instructed Teens To Abuse Children In India
  • US Firm Micron Announces $825 Million Semiconductor Facility In Gujarat
  • Mega India-US Deals: New H-1B Visa Rules, Space Pact, More Consulates
  • Judiciary In Safe Hands Under CJI Chandrachud: Retired Supreme Court Judge
  • Bengaluru Society's Bizarre Rules For Maids Sparks Outrage Online
  • The circular further said that residents feel "uncomfortable when being surrounded by maids everywhere."
  • Sony-Zee Merger To Go Through Says Punit Goenka: Report
  • Days After CoWIN Data Leak Reports, Arrest In Bihar
  • Amid Heatwave, Deaths Rise In UP And Bihar; States Differ On The Cause
  • Job Aspirant Cheated Of Rs 3 Lakh In Navi Mumbai, Case Registered
  • Case Against Man For Cheating Navi Mumbai Businessman Of Rs 50 Lakh
  • IMD has issued an 'orange alert' and predicted 'very heavy' to 'extremely heavy' rainfall across several districts of Assam over the next few days.
  • "Many Opposition Leaders More Experienced Than PM Modi": Tejashwi Yadav
  • Delhi Police Busts Major Gambling Racket, 29 Arrested
  • Anti-Auto Theft Squad recovered cash of ? 8,30,700 along with 520 playing cards and tokens of different currency denominations.
  • Global Money Flocks To India As PM Modi Hobnobs With Elon Musk, Ray Dalio
  • "India Is A World Player...": White House Official Amid PM Modi's Visit
  • "Pipeline Of Talent" Is Needed For Both Countries: PM Modi In US
  • Education Is Cornerstone Of Bond Between India-US: Jill Biden
  • 7 People Dead In Lightning Strikes In West Bengal
  • Man, 23, Dies By Suicide After Alleging Police Torture In Andhra Pradesh
  • Gujarat Couple, Kidnapped In Iran Trying To Enter US Illegally, Returns
  • Man And Woman Fall Off Train After Three People Attack Them Over Clicking Photos
  • Noida Woman Found Dead, Family Alleges Murder By In-Laws
  • Sylvester daCunha, Creator Of Iconic 'Amul Girl' Campaign, Dies
  • "Don't Give Colour": Railway Minister On Odisha Train Accident Probe
  • "Defining One For Our Times": Rishi Sunak On India-UK Ties
  • 3 Injured In Bomb Blast In SUV In Manipur, Amit Shah Calls All-Party Meet
  • Railway Minister Inspects Howrah Metro Station, Set To Be India's Deepest
  • Tamil Nadu Shuts 500 Liquor Shops As Part Of Phased Prohibition
  • Angry Over Family Court Proceedings, Kerala Man Damages Judge's Car
  • "It Is Heartbreaking": Sonia Gandhi On Manipur Violence
  • Punjab Offering Rice To Karnataka Sets Stage For Congress-AAP Bonhomie?
  • 30,000 Jobs Given In One Year: Punjab Chief Minister
  • Meerut Lawyer, 67, Arrested For Raping Minor Office Assistant
  • Court Orders 82,000 Central Troops Deployment For Bengal Panchayat Polls
  • Border Police Officer's Son Shoots Dead Constable At Delhi Camp
  • Amid Criticism, Centre Withdraws Draft Bill On Export Of Live Animals
  • Kerala Milk Brand Claims "Remarkable" Sales Despite Big Challenges
  • Chief Minister Arvind Kejriwal has written to LG V K Saxena over the spurt in crimes in Delhi and asserted that those responsible for ensuring the safety of people have no "concrete solution" and are "merely passing the buck".
  • Maharashtra Releases Rs 1,500 Crore Aid For Farmers Who Suffered Crop Loss
  • Delhi Carpenter Calls Up Police, Threatens To Target PM Modi And Amit Shah
  • Rice Sets The Tone For Another Centre-State Battle
  • In Rare Seizure, 'Black Cocaine' Worth Rs 32 Crore Recovered In Ahmedabad
  • Recently, states including Rajasthan, Jharkhand, Chhattisgarh, Himachal Pradesh and Punjab have opted to move back to the old pension system.
  • PM Modi-Led Yoga Session At UN Sets Guinness World Record

Asian Markets 23rd June

STOCKS

  • Index????????????????????????Last????????????????????????% Change
  • ASX All Ordinaries??7,295.60???????????????????-1.16%
  • Hang Seng??????????????18,847.13????????????????-1.93%
  • Nikkei 225???????????????32,722.33????????????????-1.63%
  • Shanghai SE ???????????3,197.90???????????????? ?-1.31%

COMMODITIES

  • Brent Crude Oil???????73.61????????????????????????-0.71%
  • Gold??????????????????????????1,912.70???????????????????--
  • Copper?????????????????????723.50??????????????????????-0.46%
  • CBOT Soybeans?????1,487.00???????????????????-0.90%

CURRENCIES

  • Exchange?????Last???????????????% Change
  • EUR/USD?????1.0937???????????-0.17%
  • GBP/USD?????1.2715???????????-0.24%
  • JPY/USD??????0.0070???????????+0.06%
  • CNY/USD?????0.1393???????????--

YIELDS

  • Name ???????????Yield?????????????Change
  • US 10Y?????????3.793????????????-0.006
  • DE 10Y?????????2.484????????????-0.002
  • UK 10Y?????????4.376????????????+0.009
  • JP 10Y??????????0.38??????????????+0.009

Simarjeet Baweja

Head of Category AETRAM Finserv Dubai

1 年

Read it it has everything easy on the eyes

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