Tokyo opening news digest
|The World Trade Organization said on Tuesday that the European Union issued unfair subsidies to Airbus, hurting sales of some wide-body Boeing planes.|
|I remember above my music school in Harlem, on the 3rd floor, a dance studio’s class tapped out rhythms in syncopated time. It was 1939, all of us striving upward despite the country’s most dismal economic setting. Economists had labeled it the Great Depression, but for us it was just Hard Times.|
|Not only must we question Macri and his political decision-making, but we must remain extremely weary of the IMF, an institution that has proven it is an expert in helping fragile economies hit the detonator.|
|A stronger US Dollar on the back of higher US Treasury yields (both nominal and real) has paved the way for lower Gold prices.|
|Updates to Australia’s Wage Price Index (WPI) may fuel the recent weakness in AUD/USD as the gauge is expected to hold steady in the first-quarter|
|OPINION: After a combo of a weak USD and wage growth stoked inflation fears in the beginning of the year, maybe we started worrying too much about the wrong thi|
|Appaloosa Management, run by billionaire David Tepper, sold off its entire stake of Apple last quarter.
Tepper is expected to purchase the Carolina Panthe…
|Stocks fell on Tuesday, with the Dow Jones industrial average closing in the red for the first time in eight sessions, as bond yields spiked to multi-year …|
|The family office of billionaire George Soros trimmed its stake in Liberty Broadband Corp. LBRDK, -0.76% in the first quarter, according to a regulato|
|American depositary shares of Teva Pharmaceutical Industries Ltd. TEVA, -0.39% rose nearly 5% late Tuesday following news that Warren Buffett’s Berksh|
|Boot Barn Holdings Inc. BOOT, +2.14% shares soared more than 10% in the extended session Tuesday after the company beat earnings expectations. Boot Ba|
|Activist investor Dan Loeb’s Third Point LLC acquired stakes in embattled Wynn Resorts Ltd. WYNN, -0.37% and United Technologies Corp. UTX, -0.34% dur|
|Berkshire Hathaway Inc. BRK.A, -0.67% BRK.B, -0.91% loaded up on more Apple Inc. AAPL, -0.91% shares at the end of the first quarter, sold out of Inte|
|The American Petroleum Institute reported Tuesday that U.S. crude supplies rose by nearly 4.9 million barrels for the week ended May 11, according to|
|Hedge-fund manager David Einhorn’s Greenlight Capital added to its stake in Brighthouse Financial BHF, -0.78% during the first quarter, according to a|
|Activist investor Carl Icahn completely divested his stake of American International Group Inc. AIG, +0.59% while adding to his position in Herbalife|
|Talking Points: • The Dollar has won an impressive month of progress and the past day’s performance was impressive itself • There are various themes that can…|
|Talking Points: • US equity indices turned pause into decline Tuesday, but this didn’t seem a wide risk move on events like North Korea fears • Dollar posted…|
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