Hang Seng Index, Nikkei rise as rate, oil fears recede
Equities rallied on Monday after a big miss on US jobs creation gave the Federal Reserve breathing room to hold off an interest rate hike this month, while traders were also cheered by another drop in oil prices that eased inflation concerns. In Hong Kong, the benchmark Hang Seng Index inched up 68 points, or 0.3 percent, to 24,040 on light turnover of HK$98.1 billion. The tech index was 25 points, or 0.6 percent, up at 4,183 while the China Enterprises Index was 21 points, or 0.3 percent, higher at 8,051. The gains came after highly anticipated US non-farm payrolls data showed the world's top economy created just 29,000 jobs in September – well short of forecasts for around 90,000 – while the readings for the previous two months were also revised down, with July's showing posts were actually lost. Markets immediately repriced the likelihood of a Fed rate hike, with CME's FedWatch tool seeing just over a 20 percent chance, compared with more than 65 percent early last week. Expectations that interest rates would be lifted at least once more this year – after September's hike – have sent government borrowing costs soaring, with 10-year US Treasury yields last week hitting a 24-year high. The...
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Supreme Court to Hear Major Environmental Lawsuit
The justices will begin their new term with a landmark case about whether local governments can sue oil companies over damages caused by climate change.
How to Get a VAT Tax Refund
Here are the steps to get your money back on VAT taxes, which are widespread in Europe and are bundled into the costs of certain items that travelers take home with them.
How to Get a VAT Tax Refund
Here are the steps to get your money back on VAT taxes, which are widespread in Europe and are bundled into the costs of certain items that travelers take home with them.
US Solar Panel Makers Try to Catch China With a Big Leap in Technology
Manufacturers say they are close to perfecting a new, more efficient solar panel that could help the United States reclaim ground it lost.
To Make More Money, Rolls-Royce Is Aiming Higher on Price, Not Production
The luxury carmaker is expanding its factory in Britain to focus on rarefied custom cars. First up is a $3.5 million-plus electric roadster.
Why Josie Ho is diving back into the macabre for her new horror-crime thriller The Mage
During a whirlwind September press tour in Thailand, Josie Ho Chiu-yee cuts a glamorous figure at the centre of the Bangkok International Film Festival, where she even receives a royal souvenir from Thailand’s Princess Ubolratana Rajakanya Sirivadhana Barnavadi, a prominent patron of Thai cinema. But what Ho, a daughter of the late Macau casino magnate Stanley Ho Hung-sun, has come to promote is much darker and grittier: her latest feature, The Mage. As both lead actress of the...
After years of calls for data, study confirms Black Canadians face higher risk of maternal complications
The most comprehensive study yet of maternal health in Canada has found that Black Canadians face a much higher risk of serious complications during pregnancy, labour, delivery and postpartum than white people — underlining the urgent need for better data tracking and tools to eliminate systemic anti-Black racism in our health-care system, researchers and advocates say.
The mental health of young men is dropping. Experts warn it could get worse
The federal government launched a nationwide consultation earlier this year to try and determine why boys and men’s health is suffering. Data they reported on shows a country of young men self-reporting higher rates of depression and anxiety — and experts say the online manosphere is making things worse.
Japan’s Longest Loop long trail, the Hitachi-no-kuni Long Trail, Fully Opens
The Hitachi-no-kuni Long Trail, connecting six cities and towns in northern Ibaraki Prefecture, has now fully opened as an approximately 350-kilometer route. With its full opening, the Hitachi-no-kuni Long Trail is now the longest long trail in Japan designed as a loop route.
Minuten statt Stunden: Wie KI Krisen auf Reisen entschärft
Marcel Brandt, Sales Officer von Safeture, zeigte in seinem Vortrag während des Expertenforums von VSW und der Travel-Risk-Plattform zum Thema Reisesicherheit auf, wie KI die Sicherheit bei Geschäftsreisen verändert. The post Minuten statt Stunden: Wie KI Krisen auf Reisen entschärft appeared first on Business Traveller.
ICONPHUKET, The Icon of Southern Wonders, Opening in 2029
Siam Piwat Group, Thailand’s leading retail and real estate developer behind Siam Paragon, Siam Center and Siam Discovery and joint owner of ICONSIAM and Siam Premium Outlets Bangkok, has unveiled ICONPHUKET, a THB10 billion destination development in Phuket scheduled to open in 2029.
Storytelling Experience LUMINISCENCE Opens at St. Patrick’s Cathedral, New York City
Banijay Americas opens LUMINISCENCE, the award-winning immersive experience, at St. Patrick’s Cathedral. Created by LOTCHI and produced by Banijay Live, part of Banijay Entertainment, LUMINISCENCE combines 360-degree video mapping, storytelling, live choir and the LUMINISCENCE Orchestra led by Maestro Malcolm J. Merriweather, to tell the story of one of the world’s most recognized landmarks. New York native Jonathan Roumie narrates.