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Carlyle Group sells full stake in India’s PNB Housing, Moneycontrol says

(Reuters) -U.S. private equity group Carlyle Group has sold its entire 10.44% stake in India’s PNB Housing Finance via block deals, business news website Moneycontrol reported on Thursday, citing a termsheet. Carlyle is the second-largest shareholder in the non-banking finance company and held its stake ...
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AP PHOTOS: Gold is swiftly transformed from ore to bars in Australia after weeks of record prices

SYDNEY, Australia (AP) — The lustrous, metallic allure of gold has long fueled intrigue and in recent months its market fortunes have also reflected global geopolitical and economic tumult. As markets have reeled over uncertainty about U.S. President Donald Trump’s tariffs, gold prices have ...
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Asian shares rise as China says it’s considering US overtures on Trump’s tariffs

HONG KONG (AP) — Asian markets advanced Friday after China’s Commerce Ministry said Beijing is evaluating overtures from the U.S. regarding President Donald Trump’s tariffs. Futures and oil prices advanced. Hong Kong’s Hang Seng surged 1.7% to 22,493.96, while markets in Shanghai were closed for a ...
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StanChart books 10% rise in first-quarter profit, beats estimate

By Selena Li and Scott Murdoch HONG KONG (Reuters) -Standard Chartered on Friday reported a 10% rise in quarterly profit as strong wealth, markets and global banking businesses boosted revenue, though it also said increased tariffs would likely weigh on credit quality. The Asia-, Africa- ...
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Asian FX bulls gain momentum as dollar stays under pressure

By Himanshi Akhand (Reuters) -Investors ramped up their bullish bets on most Asian currencies, a Reuters poll showed on Thursday, as worries about U.S. trade policies under President Donald Trump continued to weaken the dollar. Analysts increased their long positions on the Singapore dollar, the Indian ...
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Morning Bid: Bright signs from Beijing, bad omens from Apple

A look at the day ahead in European and global markets from Ankur Banerjee A possible de-escalation of trade tensions between Beijing and Washington provided a fillip for markets on Friday, boosting risk sentiment and lifting stocks globally just as earnings from Apple delivered a ...
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Trump signs order that aims to cut funding to NPR, PBS

By Kanishka Singh WASHINGTON (Reuters) -Donald Trump signed an executive order that aims to cut funding to news outlets NPR and PBS, the White House said, marking the U.S. president’s latest attempt to use federal funding as leverage against institutions he does not view favorably. The ...
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Los Angeles homeowners begin to rebuild after devastating wildfires

LOS ANGELES (AP) — Nearly four months after wildfires reduced thousands of Los Angeles-area homes to rubble and ash, some residents are starting to rebuild. In the Pacific Palisades neighborhood, construction workers recently began placing wooden beams to frame a house on a lot where ...
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When did Disney villains stop being so villainous? New show suggests they may just be misunderstood

ORLANDO, Fla. (AP) — Cruella de Vil wanted to turn Dalmatian puppies into fur coats, Captain Hook tried to bomb Peter Pan and Maleficent issued a curse of early death for Aurora. But wait, maybe these Disney villains were just misunderstood? That’s the premise of ...
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Waiting for a shoe to drop in the US jobs market

WASHINGTON (AP) — Trouble may be coming for the American job market as President Donald Trump wages trade wars, purges federal workers and deports immigrants working in the United States illegally. But it’s probably not here yet. Economists expect the U.S. Labor Department on Friday ...
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Tariff-induced uncertainty seen curbing US job growth in April

By Lucia Mutikani WASHINGTON (Reuters) -U.S. job growth likely slowed in April amid heightened economic uncertainty because of President Donald Trump’s aggressive tariff policy, though companies continued to hoard workers, keeping the labor market humming for now. The Labor Department’s closely watched employment report on ...
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Japan Q1 GDP likely contracted on soft domestic demand, import surge: Reuters poll

By Satoshi Sugiyama TOKYO (Reuters) – Japan’s economy probably contracted for the first time in a year in the first quarter, weighed down by softer domestic demand and imports outperforming exports, a Reuters poll showed, as U.S. President Donald Trump’s trade ...
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