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Boeing on Monday tapped debt markets to raise $10 billion, after the U.S. planemaker burned $3.93 billion in free cash during the first quarter following slowing production of its best-selling jet, sources familiar with the matter said.
As investors grapple with macro uncertainty and a cloudy path on the Federal Reserve's rate cuts, they will need to adopt a long-term mindset to pick the best names for their portfolios.
The birthday of the historical Buddha or Shakyamuni Buddha, known as Vesak in several countries, celebrates the birth of the child who became Prince Siddhartha around the end of the 4th century B.C. This is a holy occasion for all Buddhists, but is celebrated on different dates depending on the school of Buddhism or country to which one belongs. In several Asian countries, it is observed on the eighth day of the fourth month of the lunisolar calendar, which this year falls on May 15. In several South and Southeast Asian countries, it is celebrated on the first full moon of May, which falls on May 23.
The Modi administration’s diplomatic performance can be largely credited to the acumen of External Affairs Minister S. Jaishankar, who has lavished praise on Modi’s strategic vision and been forthright in defending Indian policies, even while strategically aligning with the US-led bloc.
Japanese technology investor SoftBank Group is expected to slip back into the red when it reports earnings on Monday despite technology stocks including Arm Holdings its core asset, performing well over the quarter.
In the interview, he said that managing the “inherent tensions” between wanting social cohesion and bringing in immigrants is the “most difficult” issue he has had to deal with.
HONG KONG -- The Hong Kong stock market, Asia's worst performer until mid-April, has rebounded largely thanks to mainland investors hedging against a weak yuan and hoping to take advantage of policy support from China.
TOKYO -- Japanese individual investors have emerged as a new factor in the yen's persistent slide, complicating any attempts by authorities to support the currency.
China’s embassy in Manila had orchestrated “repeated acts of engaging and dissemination of disinformation, misinformation and malinformation”, with the objective of sowing discord, division and disunity, Eduardo Ano said in a statement.