Coffee Break World View 23 May

Coffee Break World View 23 May

(World and India News – Tomorrows News Today)

QUOTES

  • “Why join the navy if you can be a pirate?”
  • “The real trouble with reality is that there is no background music.”
  • “I need a six-month vacation twice a year.”
  • “If at first you don’t succeed, destroy all evidence that you tried.”

WORLD MARKETS 22nd ?MAY ?Scroll down (data go to www.truedata.in)

WORLD NEWS

Nividia profits beat expectations Nasdaq rises

U.S. existing home sales unexpectedly fell in April as higher mortgage rates and house prices weighed on demand, dealing another setback to the housing market.

UK inflation pressure stays hot, dashing hopes for June rate cut

Emerging market credit ratings are finally looking up again

South Africa's inflation slows but no rate cut seen in election week

Fed shifts talk to 'scenarios' as policy grows less certain

U.S. stocks dip, Nvidia jumps after close

M&S shares soar on bumper profits

US households still feel pinched by inflation, Fed survey says

German home prices to fall 2% in 2024, supply to lag demand:

Asia stocks weaken on the patient approach to rate cuts

Brazil's Haddad says monetary policy still 'very restrictive'

PMIs to lead as central banks wait on rates

South Korea holds rates, signals tight policy to stay over short term

BHP will not relent on structure, value of $49 bln Anglo offer, say sources

Singapore Airlines shares slip 1.3% after turbulent flight

Nvidia forecasts quarterly revenue above estimates, unveils stock split

Gold prices drift lower on hawkish Fed minutes

BoE scopes 'steady state' in balance sheet downsizing

US electricity demand from EVs jumps to new highs in early 2024

?Copper squeezed in the United States but China has plenty

Taiwan Semiconductor Manufacturing Company's (TSMC) sees annual sales growth to reach 10% in semiconductor industry

Indian stocks to scale new peaks, rising over 8% this year: Reuters poll

China’s Lenovo extends revenue growth streak, beats expectations

Microsoft’s UAE deal could transfer key U.S. chips and AI technology abroad

Housing boom comes to Florida

Target issues weak forecast as shoppers pull back; shares tumble

US House passes crypto bill despite warnings from SEC

South Korea announces $19 bln support package for chip industry

Sam Altman's OpenAI signs content agreement with News Corp

CEO of e.l.f. Beauty Inc. Tarang Amin rings the opening bell at the NYSE to celebrate his company's IPO in New York City

Nvidia's strong forecast lifts shares of AI chipmakers

Boeing targets June 1 for Starliner's debut crew launch amid helium leak probe

Dollar hovers near one-week high on hawkish Fed minutes; kiwi firm

Japan's factory activity expands for first time in a year, PMI shows

Structure collapses at a campaign event for the Citizens' Movement party, in San Pedro Garza Garcia kills 5

Explosion at apartment building in China's Harbin, says state media

Macron in riot-hit New Caledonia for high-stakes talks

A furious China launched "punishment" drills around Taiwan on Thursday in what it said was a response to "separatist acts", sending up heavily armed warplanes and staging mock attacks as state media denounced newly inaugurated President Lai Ching-te.

Rishi Sunak calls UK national election for July 4

Israeli forces move deeper into Rafah in night of heavy battle

Zelenskiy says Ukraine needs system to defend against Russia's guided bombs

Protest in Spain calling for ceasefire in Gaza

European countries' recognition of Palestine deepens Israeli isolation

Blinken says US-Saudi pacts could be 'weeks away' from completion

?Chinese military practiced Taiwan invasion maneuvers in 2023, says US general

Australian woman faces first hearing ahead of mushroom deaths trial

Ecuador holds referendum on security measures to fight violence

Ecuador's Noboa declares new security state of emergency

New Zealand finmin says government deficit set to widen in 2024-25

A Gazan militant binds the hands of Gilboa as other female hostages who are Israeli soldiers including Ariev sit on the ground during their capture at Nahal Oz military base

Israel releases film of women soldiers being taken by Hamas on Oct. 7

Chechen leader meets Russia's Putin, offers more troops for Ukraine

US expected to designate Kenya as major non-NATO ally, source says

Thailand's corals bleaching at fast pace amid rising global temperature

'Boiling not warming': Marine life suffers as Thai sea temperatures hit record

Volkswagen premieres new ID.7 electric sedan, ahead of the Shanghai Auto Show

US lawmakers urge Justice Department to probe climate deception by Big Oil

Cancer victims sue Johnson & Johnson over 'fraudulent' bankruptcies

Pfizer rolls out another cost-cutting program, sets $1.5 bln target by 2027

Rich nations are earning billions from a pledge to help fix climate

Uvalde to pay $2M to families of shooting victims

Norway, Ireland, Spain to recognize Palestinian state

Poland buys US radar systems to monitor its north-eastern borders

Russia deletes draft proposal to change Baltic Sea border

Former Republican presidential contender Nikki Haley says she will vote for Trump

The Wider Image: Indian election casts spotlight on Modi look-alikes

Djokovic eases past Hanfmann in Geneva Open as he turns 37

Tennis - French Open - Roland Garros

Dogs on a plane: Airline launches canine-friendly flights Bark Air US

World premiere of the film "The Garfield Movie" in Los Angeles

The 77th Cannes Film Festival - Press conference for the film "Parthenope" in competition

Cuba bets on silk development as a source of income

INDIA NEWS

RBI Approves Highest-Ever Dividend Of Rs 2.11 Lakh Crore To Government

Indian stocks to scale new peaks, rising over 8% this year: Reuters poll

Indian shares rise with IT support ahead of Fed minutes, Reliance aids

India May business growth robust as exports rise at record pace, PMI shows

Indian shares up led by financials after cenbank's record dividend to government

India central bank's record dividend to government may reduce fiscal gap

India's Paytm flags further financial impact of banking unit wind down

India's mid-tier IT firms gain share from industry goliaths

Following the Delhi High Court ruling, SpiceJet has announced plans to seek a refund of 450 crores from former promoter Kalanithi Maran and his firm, KAL Airways.

India's gold imports seen falling as record price prompts jewellery swaps

Softbank-backed Oyo withdraws IPO papers for second time

Rupee climbs to over one-month high on foreign banks' dollar sales

Disney strikes deal to sell stake in India's Tata Play, Bloomberg News reports

Indian beauty products retailer Nykaa posts near three-fold jump in Q4 profit

Domino's India franchisee posts Q4 profit rise on one-time gain, store expansion

India's Vedanta Aluminium turning to renewables, not adding coal capacity, CEO says

Czech constitutional court says Indian suspect can be extradited to US which suspects him of involvement in an unsuccessful plot to kill a Sikh separatist on American soil.

In 15 hours’ teen who killed two in Porsche out on bail order with conditions that were widely seen as appallingly flimsy

US to Send Indian Astronaut To International Space Station By Year-End: Envoy

In an unusual bid to deliver swift justice, a police vehicle entered the emergency ward of AIIMS Rishikesh to arrest a man on Tuesday, a viral video shows.

Salman Khan House Firing: Court Fumes Over Autopsy of Accused Who Died in Jail

Court Grants Bail to UP Man Behind Metro Graffiti Targeting Arvind Kejriwal

Noida Man Duped of Rs 35 Lakh By Cyber Thugs, Gets Back Rs 18 Lakh: Cops

Minority Groups Have Equal Stake in Democracy: US Envoy to India

"No Obligation to Nation Building?" Supreme Court On Medical Students' Plea on request to avoid 1-year rural service

PM Modi on Wednesday called the Calcutta High Court decision of striking down the OBC status granted to "77 classes" in West Bengal since 2010 a "tight slap" to the opposition.

The Election Commission of India on Wednesday filed an affidavit in the Supreme Court saying disclosure of voter turnout data based on Form 17C (records of votes polled in each polling station) will cause confusion among voters.

"If Pak Can't Dismantle Terror Factories On Its Soil, Take Our Help": Rajnath Singh

Judges Burn Midnight Oil Even During Vacations: Supreme Court On Work Comments

Of the 8,337 candidates contesting in the ongoing Lok Sabha elections, as many as 1,644 have criminal cases registered against them,

Delhi Records Maximum Temperature of 43.4 Degrees Celsius: Yellow Alert

High Court Mandates Notification Via WhatsApp, Email for Organ Transplant Documentation

Medical Student Dies by Suicide at AIIMS Hostel in Chhattisgarh's Raipur

"India Election Only Thing That Looks Stable": Top US Political Scientist to NDTV

2024 Lok Sabha Elections Have 8,360 Candidates - Highest Since 1996

UK Hails Drop in Visas as Stranded Indian Care Workers Appeal For Help

Women Make Up Less Than 10% Of Lok Sabha Poll Candidates: Report

15-Year-Old Girl Gang-Raped by 3 In UP's Amethi, 2 Arrested: Police

Missing Bangladesh MP Murdered, Blood Stains Found In Flat: Kolkata Cops

US political scientist and global political risk consultant, Ian Bremmer, , said India has underperformed for decades despite its "incredible demographic weight" and "very strong intellectual capital". "India Could Be 3rd Largest Economy by 2028

Heatwave to Continue in Rajasthan, Mercury May Hit 48 Degrees in Some Parts:

Reeling under a severe heat wave, Pilani in Rajasthan was the hottest place registering a temperature of 47.2 degrees Celsius.

Shrinivas R Kulkarni, an Indian-origin professor of astronomy from the US will be bestowed the prestigious Shaw Prize in Astronomy for his ground-breaking discoveries.

Home Ministry Receives Bomb Threat, Nothing Found in Searches

The Election Commission directed the Congress to ensure that its key leaders don't indulge in "political propaganda involving activities of the defence forces" and "do not make statements which give false impression" that Constitution "may be sold"

"Stop Campaign Speeches That May Divide Society": Poll Body Directs BJP

The Election Commission of India has issued a stringent 10-point directive to the country's two main political parties, the BJP and the Congress, amidst concerns over deteriorating quality of campaign rhetoric during the ongoing Lok Sabha elections.

Road Rage On CCTV: Child Inside, Bengaluru Scooterist Shatters Car Window

YouTuber Reveals Gender of his Unborn Child in Vlog, Lands in Trouble

BJP Suspends Bhojpuri Actor for Contesting as Independent Against NDA Nominee

In Rajasthan Shocker, Deaf-Mute Girl, 11, Dies After Being Set On Fire

WORLD MARKETS 23rd MAY

STOCKS

Index?????????????? ??????????? Last???????????????? ??????????? ?? % Change

S&P 500?????????? ??????????? 5,307.01????????? ??????????? -0.27%Negative

Euro STOXX 50??????????? 5,025.17????????? ??????????? -0.43%Negative

FTSE 100????????? ??????????? 8,370.33????????? ??????????? -0.55%Negative

Nikkei 225?????? ??????????? 39,077.97??????? ??????????? +1.19%Positive

?COMMODITIES

Future???????????????????????? Last???????????????? % Change

Gold???? ??????????????????????? 2,371.20????????? -0.75%Negative

Copper??????????? ??????????? 88.73?? ??????????? -0.98%Negative

Brent Crude Oil?????????? 81.34?? ??????????? -0.68%Negative

CBOT Soybeans?????????? 1,247.25????????? +0.93%Positive

CURRENCIES

Exchange??????? Last???????????????? ??? % Change

EUR/USD???????? 1.0824 ??????????? +0.03%Positive

GBP/USD???????? 1.2722 ??????????? +0.06%Positive

JPY/USD?????????? 0.0064 ??????????? +0.03%Positive

CNY/USD???????? 0.1380 ??????????? -0.04%Negative

YIELDS

Name????????????? Yield??? ??????????? Change

US 10Y ??????????? 4.422?? ??????????? -0.012

DE 10Y ??????????? 2.54???? ??????????? +0.006

UK 10Y ??????????? 4.236?? ??????????? -0.009

JP 10Y? ??????????? 0.996?? ??????????? +0.001

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