Oil fell in the early morning Asian session, dragged by bearish data on demand, stockpiles, and refining, analysts said. https://www.wsj.com/articles/oil-falls-dragged-by-bearish-data-on-demand-stockpiles-refining-5b2edc57
China held its biggest military drills in a year around Taiwan, just days after Lai Ching-te took over as the island’s new president. from Bloomberg Politics https://ift.tt/GvyCVz4
Growth in sectors such as construction, wholesale trade, and retail trade overcame contraction in the manufacturing sector. https://www.wsj.com/articles/singapores-economy-grew-at-faster-pace-in-first-quarter-51b0f15d
Here’s how family offices are investing this year and how they plan to change their allocations in the next five years, according to UBS’ Global Family Office Report 2024. https://www.cnbc.com/2024/05/23/how-family-offices-are-planning-to-invest-for-the-next-5-years-ubs-says.html
Canada Pension Plan Investment Board’s exposure to investments in yuan has fallen by half in just two years, as the money manager pulls back in the world’s second-largest economy because of higher risks. from Bloomberg Markets https://ift.tt/hfFDIvY
An antitrust lawsuit, expected Thursday, will allege the company illegally suppressed competition. https://www.wsj.com/articles/live-nation-antitrust-lawsuit-breakup-34f9e643
A string of defaults by Chinese property developers has highlighted the limits of a state-backed credit-support program that was meant to boost confidence in the country’s battered property sector. from Bloomberg Markets https://ift.tt/PW6s5U0
Japanese stocks may rise on a weaker yen and following Nvidia’s strong results overnight despite continuing uncertainty over the Fed’s policy outlook. https://www.wsj.com/articles/nikkei-may-rise-on-weak-yen-nvidias-strong-results-2de2d702
A suspect has been arrested in connection with an outbreak of gunfire that injured 11 people last weekend at a public square in the heart of Savannah’s downtown historic district, police announced Wednesday. William Anthony Mitchell, 20, was charged with four counts of aggravated assault as well as possessing a firearm while committing a crime,…
Reba McEntire is in celebration mode. The legendary country singer spoke with Fox News Digital following her and Asher Havon’s big win on the season 25 finale of “The Voice.” When speaking with Fox News Digital, McEntire reflected on hosting the ACM Awards and getting to see Lainey Wilson open the show with her performance…