JGBs edged higher in the morning Tokyo session amid mild relief that the Bank of Japan kept its bond-buying amounts same for June as it did in previous months. https://www.wsj.com/articles/jgbs-edge-higher-amid-mild-relief-boj-kept-bond-buying-amounts-738569af

Investors will also focus on India markets as exit polls suggested Prime Minister Narendra Modi was set for a rare third consecutive term in power. https://www.cnbc.com/2024/06/03/asia-markets-live-updates-china-caixin-pmi-india-elections-.html

Trump and Republicans heightened criticism of the U.S. justice system after the former president became the first to be convicted of a felony, exacerbating a political atmosphere in which Americans increasingly distrust democratic institutions. https://www.wsj.com/politics/elections/republicans-call-judicial-system-weaponized-after-trump-conviction-2c876bdb

Skydance Media’s revised offer to buy National Amusements and merge with Paramount Global gives the entertainment conglomerate’s nonvoting shareholders an option to cash out at a premium, according to people familiar with the matter. https://www.wsj.com/business/deals/revised-skydance-offer-gives-paramount-shareholders-opportunity-to-cash-out-at-15-a-share-3c2a16b1

Corrections & Amplifications https://www.wsj.com/articles/corrections-amplifications-2ed27a50

Goldman recommended that investors consider a specific strategy when trading European markets given the “scope for near-term volatility in equities.” https://www.cnbc.com/2024/06/03/goldman-names-two-conviction-list-stocks-to-play-now.html

The Canadian government is pushing hard for cities to build more “fourplex” apartment blocks. https://ift.tt/RpX4bCu June 03, 2024 at 02:06AM

St. Paul Mayor Melvin Carter proudly declared on Wednesday that his student loans had officially been canceled.  The Minnesota mayor posted a screenshot of his Mohela account, the site used to manage and make student loan payments. His account read $0.00. “Thank you, Mr. President!” he wrote. Carter also used an X post from President…

Waste Management is nearing a deal to buy medical-waste-disposal company Stericycle for roughly $7 billion including debt. https://www.wsj.com/articles/waste-management-near-deal-to-buy-stericycle-ed064421

James Kane and Barbie Agostini told US media that they found the safe stuffed full of $100 bills. https://ift.tt/wElMAyb June 03, 2024 at 01:23AM