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Trends asian news

Katrina Bishop - The time is ripe to cut interest rates next week, European Central Bank's Rehn says - cnbc.com - Finland

The time is ripe to cut interest rates next week, European Central Bank's Rehn says

Two key European Central Bank figures on Monday threw their weight behind the prospect of an interest rate cut next week, indicating that it is practically a done deal.

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A closer Asean-China community with a shared future will lead the trend of times of building a community with a shared future for mankind - scmp.com - China - county Cooper

A closer Asean-China community with a shared future will lead the trend of times of building a community with a shared future for mankind

We have a rich historical heritage for building a closer Asean-China community with a shared future. The Chinese culture of harmony aligns with the value of unity in the diversity of Asean, which constitutes a cultural gene of a community with a shared future. Since the establishment of dialogue relations in 1991, the Asean-China relationship has achieved leapfrog developments. In 2021, we took the lead in establishing a comprehensive strategic partnership.

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Kyodo - Older Japanese men dip into cosmetics to jazz up looks as beauty consciousness grows - scmp.com - Japan - China - Usa

Older Japanese men dip into cosmetics to jazz up looks as beauty consciousness grows

Japanese men are increasingly turning to cosmetics and skincare to sharpen up their image, with those in their 40s and older seemingly becoming more conscious about how they present to important clients and customers.

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British fund manager abrdn's CEO Stephen Bird to step down - cnbc.com - Britain

British fund manager abrdn's CEO Stephen Bird to step down

British fund manager abrdn said on Friday CEO Stephen Bird will step down after four years in the role, and finance chief Jason Windsor will take the helm on an interim basis.

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Daily marijuana use surpasses alcohol consumption, new study finds. Here's what it means for the industry - cnbc.com - Usa

Daily marijuana use surpasses alcohol consumption, new study finds. Here's what it means for the industry

Americans are reaching for buds more than booze.

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Nikkei staff writer - LISA KIM - Uncertainties over forex intervention slow foreigners' Japan stock buys - asia.nikkei.com - Japan -  Tokyo

Uncertainties over forex intervention slow foreigners' Japan stock buys

TOKYO -- Foreign investors have reduced their buying of Japanese stocks, seeing the government's apparent effort to shore up the yen as an additional source of market uncertainty.

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Alex Harring - Some consumers are punting big purchases like pools and mattresses - cnbc.com - Usa -  Minneapolis

Some consumers are punting big purchases like pools and mattresses

Americans are kicking the can down the road on some more-costly, traditionally financed purchases as elevated inflation and interest rates bite.

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Gabrielle Fonrouge - Under Armour is laying off workers as retailer says North America sales will plunge this year - cnbc.com

Under Armour is laying off workers as retailer says North America sales will plunge this year

Under Armour announced a broad restructuring plan on Thursday as it said sales in its largest market, North America, plunged 10% and predicted the trend will get worse throughout its current fiscal year. 

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