USA TODAY's David Oliver discusses the impact of "Juno" and "Umbrella Academy" star Elliot Page announcing that he is transgender and non-binary.
"I think all of our guys are gonna have to get back in an NBA rhythm."
(Bloomberg) -- Asian stocks, U.S. and European equity futures rose Monday as investors focused on the prospect of additional fiscal stimulus and supportive Federal Reserve policy amid the worsening pandemic. The dollar dipped.Stocks outperformed in South Korea and Hong Kong though Japanese shares were little changed. U.S. futures pointed higher, with Nasdaq 100 contracts leading gains ahead of a slew of tech earnings reports this week. The S&P 500 slipped Friday on sobering virus trends. Treasury yields edged up.Hong Kong’s stock market was boosted by a surge in Tencent Holdings Ltd. The Internet giant has become a prime target for traders from mainland China who are flooding record amounts of cash into Hong Kong-listed shares this year.Global stocks are close to all-time highs as expansive stimulus assuages concerns stemming from additional coronavirus lockdowns and the patchy rollout of vaccines, which has led to a tougher start for the world economy in 2021 than earlier expected.U.S. lawmakers are sparring over President Joe Biden’s proposed $1.9 trillion Covid-19 relief plan but investors continue to expect some additional spending to materialize eventually. Traders are also hoping Fed Chair Jerome Powell will provide reassurance after Wednesday’s policy meeting that $120 billion of monthly bond purchases won’t be tapered any time soon.“Investors see continued open-spigot monetary policy and more fiscal stimulus,” said Marc Chandler, chief market strategist at Bannockburn Global Forex. “Coupled with the vaccine’s rollout, it will generate a critical mass of more robust economic growth as the year progresses.”Global coronavirus cases are nearing the 100 million mark, with the U.S. stepping up surveillance of virus variants to monitor their impact on inoculations. Mexican President Andres Manuel Lopez Obrador said in a tweet that he is infected with Covid-19.Elsewhere, oil and gold were steady and Bitcoin traded at around $33,000 after tumbling last week.These are some key events coming up in the week ahead:Microsoft Corp., Apple Inc., Tesla Inc., Facebook Inc., UBS Group AG and Samsung Electronics Co. are among companies reporting results.Chinese President Xi Jinping is due to speak at the World Economic Forum’s “The Davos Agenda 2021” online event on Monday.People’s Bank of China Governor Yi Gang and European Central Bank Chief Economist Philip Lane speak at a conference on Monday.Data on U.S. home prices and consumer confidence come Tuesday.The Federal Open Market Committee monetary policy decision and briefing by Chair Jerome Powell are scheduled for Wednesday.Fourth-quarter GDP, initial jobless claims and new home sales are among U.S. data releases Thursday.U.S. personal income, spending and pending home sales come Friday.These are the main moves in markets:StocksS&P 500 futures rose 0.4% as of 2:36 p.m. in Tokyo. The S&P 500 fell 0.3% on Friday.Japan’s Topix index was little changed.South Korea’s Kospi index added 2.1%.Hang Seng Index rose 1.9%.Australia’s S&P/ASX 200 Index rose 0.4%.Shanghai Composite added 0.6%.Euro Stoxx 50 futures rose 0.3%.CurrenciesThe Bloomberg Dollar Spot Index shed 0.2%.The yen was at 103.69 per dollar, up 0.1%.The offshore yuan climbed 0.2% to 6.4838 per dollar.The euro was at $1.2181.The British pound added 0.2% to $1.3714.BondsThe yield on 10-year Treasuries was at 1.09%.CommoditiesWest Texas Intermediate crude was flat at $52.29 a barrel.Gold was little changed at $1,855 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Mexican President Andres Manuel Lopez Obrador's history of heart problems and high blood pressure will complicate doctors' efforts to combat the COVID-19 infection poised to undermine the towering role he has taken in public life. The 67-year-old, who was a heavy smoker until he suffered a serious heart attack in 2013, said on Sunday he was being treated for mild symptoms of COVID-19. "Health professionals are monitoring continuously in case there is a sign of alarm that could lead to hospitalization," health official Jose Luis Alomia Zegarra told a regular evening news conference.
The Knicks clawed back from a 25-point deficit, but New York was unable to fully climb out of an early hole Sunday and suffered a 116-113 loss to the Trail Blazers at the Moda Center in Portland, Ore.
Chinese state media have played up questions about Pfizer's COVID-19 vaccine and whether it could be lethal to the very old. A government spokesperson suggests the coronavirus could have emerged from a U.S. military lab. As the ruling Communist Party faces growing questioning about China's vaccines and renewed criticism of its early COVID response, it is hitting back by encouraging fringe theories that some experts say could cause harm.
Damian Lillard had 39 points, including six 3-pointers, and the rested Portland Trail Blazers jumped out early against the New York Knicks on the way to a 116-113 victory on Sunday night. Anfernee Simons added 16 points off the bench for the Blazers, who led by as many as 25 points before seeing their advantage slip away in the final quarter. Immanuel Quickley scored 31 points off the bench and Julius Randle added 25 for the Knicks.
28 January 2021, Citizen Watch brand from Japan officially introduces the C7 collection at CITIZEN Boutique 285 Ly Tu Trong Street, Ben Thanh Ward, District 1. Closest customers, CITIZEN's partners; journalists, reporters, brand ambassadors of CITIZEN C7 - Fashionista Chau Bui and Travel vlogger Tran Quang Dai and many VIP guests will attend the event.
Damian Lillard (Portland Trail Blazers) with a deep 3 vs the New York Knicks, 01/24/2021
Top deep 3's from Portland Trail Blazers vs. New York Knicks, 01/24/2021
LOS ANGELES, CA / ACCESSWIRE / January 25, 2021 /The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Penumbra, Inc. ("Penumbra" or "the Company") (NYSE:PEN) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.
LOS ANGELES, CA / ACCESSWIRE / January 25, 2021 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Splunk Inc. ("Splunk" or "the Company") (NASDAQ:SPLK) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.
LOS ANGELES, CA / ACCESSWIRE / January 25, 2021 /The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against QuantumScape Corporation ("QuantumScape" or "the Company") (NYSE:QS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U. Securities and Exchange Commission.
LOS ANGELES, CA / ACCESSWIRE / January 25, 2021 /The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Bit Digital, Inc. ("Bit Digital" or "the Company") (NASDAQ:BTBT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.
LOS ANGELES, CA / ACCESSWIRE / January 25, 2021 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against GoodRx Holdings, Inc. ("GoodRx" or "the Company") (NASDAQ:GDRX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.
LOS ANGELES, CA / ACCESSWIRE / January 25, 2021 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Triterras, Inc. ("Triterras" or "the Company") (NASDAQ:TRIT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.
LOS ANGELES, CA / ACCESSWIRE / January 25, 2021 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Fortress Biotech, Inc. ("Fortress" or "the Company") (NASDAQ:FBIO) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.
LOS ANGELES, CA / ACCESSWIRE / January 25, 2021 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Boston Scientific Corporation ("Boston Scientific" or "the Company") (NYSE:BSX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U. Securities and Exchange Commission.
Tony Romo called it back in Week 12 as the Chiefs and Buccaneers regular-season game wrapped up.
Federal law enforcement officials are examining a number of threats aimed at members of Congress as the second trial of former President Donald Trump nears, including ominous chatter about killing legislators or attacking them outside of the U.S. Capitol, a U.S. official told The Associated Press. The threats, and concerns that armed protesters could return to sack the Capitol anew, have prompted the U.S. Capitol Police and other federal law enforcement to insist thousands of National Guard troops remain in Washington as the Senate moves forward with plans for Trump's trial, the official said Sunday.
(Bloomberg) -- Debt sales in India’s rupee corporate bond market are likely to slow significantly this year after reaching a record in 2020, according to a Bloomberg News survey of debt arrangers.Issuance will fall by 17% to about 7.55 trillion rupees ($103.5 billion) this year, according to the median estimate of six of the nation’s top debt arrangers. Companies have less need to build up cash buffers and the potential for higher funding costs were cited by bankers as reasons for the expected drop.“Last year’s bond sales deluge was supported by central bank’s liquidity injections and rate cuts, which drove borrowing costs to record low levels,” said Shameek Ray, head of debt capital markets at ICICI Securities Primary Dealership Ltd. “But, liquidity will no longer be as favorable, and hence it will be a slow year for issuance.”Economists expect India’s economy to rebound strongly from what is forecast to be the worst contraction since 1952 in the year ending March. That should ease funding pressures on companies. Still, issuers face plenty of challenges with the pandemic raging, banks less willing to lend, and the central bank recalibrating some policy supports.The risks from the unwinding of stimulus for borrowers were highlighted this month when the Reserve Bank of India announced a step to normalize some liquidity operations. The average yield on top-rated three-year corporate notes surged by the most in more than seven years after that. Yields have fallen back somewhat since, as the central bank reiterated its promise to ensure ample liquidity.Corporate bond issuance in India has declined 20% from the year-earlier period so far in 2021. India isn’t alone in seeing a slowing in some corporate debt sales, with offerings from Southeast Asian companies across all currencies also dropping year-to-date.All six debt arrangers surveyed by Bloomberg expect bond sales in 2021 to fall below last year’s record of 9.1 trillion rupees. The survey was carried out from the end of last year to Jan. 18.“There was a spurt in issuance last year because companies were borrowing extra to build cash buffers to insulate themselves from financial pain caused by the pandemic,” said Sandeep Bagla, chief executive officer at Trust Mutual Fund. “That need is much lower now, and hence bond sales could ease out this year.”(Updates forex conversion in second paragraph, issuance volume in sixth.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
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