Coffee Break World View 4 June

Coffee Break World View 4 June

(World and India News – Tomorrows News Today)

QUOTES

  • Knowledge is like underwear. It is useful to have it, but not necessary to show it off.
  • Go to Heaven for the climate, Hell for the company.
  • Never trust people who smile constantly. They’re either selling something or not very bright
  • Everything is changing. People are taking the comedians seriously and the politicians as a joke.

WORLD MARKETS

More than three-and-a-half years, after resource-rich Zambia formally declared itself bankrupt it is about to drag itself out of default, leaving some hard lessons for richer nations about how their much-vaunted debt relief plan performed.

US factory activity, construction spending both fall

Brazil's economy forecast to have picked up pace in first quarter

Euro zone manufacturing sees potential signs of recovery in May

Japan to finalise long-term fiscal roadmap as early as June 21, sources say

Turkey inflation hits 75% in expected peak before relief

Global factory activity shows signs of recovery in May

The S&P 500 and the Nasdaq finished higher after paring earlier losses on the session, while the Dow lost ground. Technology stocks were the biggest gainers, while energy equities were the biggest drag.

US inflation comes in at forecast

Pakistan inflation slows to 11.8% in May, lowest in 30 months

Russia's factory activity continues to expand in May, PMI shows

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

China's new home prices inch up for 9th month in May, survey shows

US equity funds hit by outflows on rising yields, rates uncertainty

Asian shares weaken as Indian election results roll in

Morning Bid: Dazed dollar set for more macro jolts

Australia government spending rises in Q1, adds to growth

World stocks up as investors eye ECB rate cut

Central banks turn cautious on China's yuan, keen on dollars and gold

GameStop gains as Roaring Kitty reveals bet in Reddit post

Oil falls further on worries of supply rising later in 2024

British American Tobacco expects decline in first-half revenue, profit

River Rhine in south Germany still closed to shipping after rain

Indian shares fall sharply on narrower lead for Modi's alliance

UBS lifts MSCI AC World index's end-2024 forecast to 830

Intel battles AMD with new data center chips

Deutsche Bank ties up with Bitpanda in 'cautious' crypto shift

Exclusive: Vietnam expands massive bank rescue effort on deposit exodus, document shows

Asian share markets were mildly weaker on Tuesday as global investors consider the prospect the U.S. economy's 'exceptionalism' is starting to unwind as manufacturing activity in the

US senator urges FAA to ensure accountability in Boeing quality plan

Lower-income Americans booked fewer hotels in April, dampening industry outlook

Microsoft to lay off hundreds at Azure cloud unit, Business Insider reports

Google cuts at least 100 jobs across its cloud unit, CNBC reports

Exclusive: JPMorgan payments chief George Kopoulos to leave, according to memo

American Airlines would consider new JetBlue venture if it wins appeal

Dollar wallows at multi-month lows as Fed cut bets firm

Warren Buffett's PacifiCorp utility reaches $178 million wildfire settlement

Protesters and militia fighters carry the logo of the U.S. Embassy, during a protest to condemn air strikes on bases belonging to Hashd al-Shaabi (paramilitary forces), in Baghdad

German army to boost Rheinmetall artillery shell order by 200,000, document shows

Security tight in China and Hong Kong on Tiananmen crackdown anniversary

Taiwan's President Lai Ching-te visits soldiers and air force personnel in Hualien

Modi's alliance dominates early in India election vote count, but opposition also gains

Russian missile attack on Ukraine's Dnipro injures seven people, including two children

Haiti's new PM Conille says leaders are putting aside differences

U.S. Defence Secretary visits Cambodia as it moves closer to Beijing

US seeks UN backing for proposed Gaza ceasefire deal

Four more Israeli hostages died in Gaza captivity, Israel's military says

South Korea to resume all military activities along demarcation line

Carrying lunar rocks, Chinese probe lifts off from far side of moon

Exclusive: Europeans' draft IAEA resolution presses Iran on particles, inspectors

Myanmar junta arrests dozens in bid to stabilise currency

Dr. Fauci testifies before House Oversight and Reform Select Subcommittee hearing on Capitol Hill in Washington

Fauci denies suppressing COVID lab leak theory before US House panel

J&J must pay $260 million in latest talc trial, Oregon jury says

H7 bird flu found on third poultry farm in Australia

Press conference over rigging safety tests by its TMC affiliate Daihatsu, in Bangkok

Japanese authorities inspect Toyota HQ over certification irregularities

Germany counts flooding losses as heavy rains stoke climate debate

Microsoft hit with Austrian privacy complaints over its education programme

Black women-owned venture capital fund to respond to conservative activist's lawsuit

Macau casinos play best hands to win over premium customers

Labour Party has met with Shein ahead of potential UK listing - spokesperson

The Chang'e 6 lunar probe and the Long March-5 Y8 carrier rocket combination sit atop the launch pad at the Wenchang Space Launch Site in Hainan province

In Albania, two women take on a nation with a rooftop wedding

Climate change made devastating Brazil floods twice as likely, scientists say

Demonstrators hold photos aloft protesting Jeffrey Epstein in New York

Jeffrey Epstein accuser sues prominent psychiatrist for making her 'sex slave'

South Korea plans to convene UN meeting on North Korea rights abuses

Portugal's new government swearing-in ceremony, in Lisbon

Portugal toughens migration rules after swing to the right

Spanish and French farmers block border days before EU election

Nigerian strike shuts power grid, disrupts airlines

US The far-right Proud Boys rebuilding, rallying behind Trump

Biden calls Trump a 'convicted felon' who is unfit for office

A farm in Bolivia's Andean plains grapples with hotter climate,As the local climate has heated up over decades, rivers and lakes have also shrunk.

Djokovic endures another French Open marathon, survives Cerundolo scare

Mexican peso, stocks tumble on fears of ruling coalition super-majority in Congress

Mexico's finance minister agrees to stay in role in new government

Pivotal moments leading up to the trial of Joe Biden's son Hunter over criminal gun-related charges

Special launch event of the new Star Wars series "The Acolyte" in Los Angeles

To beat the heat, athletes bring cool tech to Paris 2024

INDIA NEWS

Modi's alliance in a majority in early India vote count, but opposition also gains

India shares plunge as polls show Modi's mandate slipping

Indian shares see worst session since pandemic on narrower lead for Modi's alliance

India seeks firms make additional disclosures to fast track public offers, document shows

Indian heatwave kills dozens over summer, media says nearly 25,000 fall ill

IndiGo eyes lesser-known international destinations for next growth phase

Infosys CEO's compensation rose 17% to $7.9 mln in FY 2024

Few AI deepfakes identified in EU elections, Microsoft president says

Minimum Temperature In Delhi Settles At 30.4 Degrees Celsius, Light Rain Possible

UP Woman Cremates Unidentified Body To Frame Parents For Murder, Case Filed

Strict Instructions Passed To Ensure Full Transparency In Counting Process: Election Body

Sensex Down By Over 6,000 Points As Votes Are Counted For Lok Sabha Polls

Security Tightened At Strong Room Across Country Amid Vote Counting

Minor Schoolgirl Blackmailed, Gang-Raped In Rajasthan; 2 Arrested: Cops

2 Killed As Speeding Car Hits Bike In UP: Cops

Police Filed 153 Poll-Related Cases In Odisha, 139 Arrested

Probe Agency Attaches Assets Over ? 115 Crore Of 2 Approvers In Delhi Liquor Policy Case

A Special PMLA court in Mumbai said that fugitive Indian businessmen Nirav Modi, Vijay Mallya, and Mehul Choksi fled the country because the investigating agencies failed to arrest them at the proper time.

Relief For Delhi-NCR From Crippling Heat Soon, Says Weather Scientist

Nagpur Man Gets Death Sentence For Raping, Murdering Girl, 5, In 2019

Delhi Sees Temperature Surge To 44.7 Degrees, 5 Notches Above Normal

17 Hard-core ISIS Operatives Charge sheeted In Delhi-Padgha Terror Module Case

Bengaluru received 111 mm rainfall on June 2, breaking the 133-year record for the highest ever rainfall in a single day in June, Met department officials said.

Rs 2,000 Notes Worth Rs 7,755 Crore Still With Public: RBI

Three coaches of the Taj Express train caught fire in southeast Delhi's Sarita Vihar on Monday, officials said. No one was injured in the

Israel Embassy Asks Citizens To Explore Indian Beaches As Maldives Bans Entry

2 Terrorists Killed In Encounter With Security Forces In J&K's Pulwama

On Delhi Water Crisis, Supreme Court Asks Yamuna Board To Meet On June 5

Bats Fall Dead Due To Extreme Heat In Chhattisgarh Village

Ex-BrahMos Engineer Gets Life Imprisonment For Spying For Pak's ISI

"World Record": Poll Body Says Over 64 Crore People Voted In 2024 Lok Sabha Elections

Kerala Man Tries To Open Door Of Air India Express Flight, Arrested At Airport

On Camera, Man Dies Immediately After Hitting Six In Match Near Mumbai

Akasa Air's Delhi-Mumbai Flight Diverted To Ahmedabad After "Security Alert"

WORLD MARKETS 4th JUNE

STOCKS

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

S&P 500?????????? ??????????? 5,283.40????????? ??????????? +0.11%Positive

Euro STOXX 50??????????? 4,981.86????????? ??????????? -0.43%Negative

FTSE 100????????? ??????????? 8,234.04????????? ??????????? -0.35%Negative

Nikkei 225?????? ??????????? 38,837.46??????? ??????????? -0.22%Negative

?COMMODITIES

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

Gold???? ??????????????????????? 2,343.90????????? -0.12%Negative

Copper??????????? ??????????? 879.00 ??????????? -0.12%Negative

Brent Crude Oil?????????? 77.38?? ??????????? -1.25%Negative

CBOT Soybeans?????????? 1,184.50????????? -1.70%Negative

?CURRENCIES

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

EUR/USD???????? 1.0895 ??????????? -0.06%Negative

GBP/USD???????? 1.2795 ??????????? -0.07%Negative

JPY/USD?????????? 0.0064 ??????????? +0.08%Positive

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

YIELDS

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

US 10Y ??????????? 4.41???? ??????????? +0.008

DE 10Y ??????????? 2.573?? ??????????? -0.012

UK 10Y ??????????? 4.222?? ??????????? -0.003

JP 10Y? ??????????? 1.04???? ??????????? -0.026

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