Latest news with #3.6
Business Recorder
11-06-2025
- Automotive
- Business Recorder
Japan's Nikkei climbs for fourth day on US-China trade framework; Hino plunges
TOKYO: Japan's Nikkei share gauge climbed for a fourth straight session on Wednesday after US and Chinese officials agreed on a framework to put their trade truce back on track and remove China's curbs on rare earths, supporting demand for risk assets. Chip-sector heavyweights Sumco and Tokyo Electron surged 7% and 3.6%, respectively. Mazda Motor climbed 1.2% as the yen weakened, boosting export shares. The Nikkei 225 Index climbed 0.5% as of the midday break, set for its longest winning streak in about a month. So far, it is down 4.2% for the year. The broader Topix gauge was flat. US President Donald Trump's on-again, off-again tariff spats have largely been factored into global equity prices, but Japanese stocks have yet to recover to highs seen around the beginning of the year, said Tatsunori Kawai, chief strategist at Mitsubishi UFJ eSmart Securities. After meetings by the Bank of Japan and the Federal Reserve next week, summer salary bonuses and company dividends in Japan may be factors to push domestic shares higher. 'With those funds in the pipeline, I think the inflow of money into the market will continue,' Kawai said. Japan's Nikkei jumps as chip stocks rally ahead of Sino-US talks 'After we get through next week, I think it's basically easier to go higher and catch up with US equities.' Sumco was the biggest gainer on the Nikkei, followed by Isetan Mitsukoshi gaining 6.2%. The biggest loser was Hino Motors down 17%, after the truckmaker and unit of Toyota Motor said it would issue new shares as part of a merger agreement with Mitsubishi Fuso.
Yahoo
10-06-2025
- Yahoo
New visitor centre planned for west Cumbria
CUMBERLAND Council is hoping to build a new visitor centre for Millom. The plans are for a site on land at Hodbarrow Nature Reserve and they are currently being considered by council planning officers. They include a cafe and shop, a group room, toilet facilities and a car park, as well as the consolidation, repair and installation of an interpretive sculpture to Towsey Hole Windwill. In addition, organisers are hoping to refurbish an existing tern hide, add new bird hides and viewing screens, pathways, gateway features and street furniture. According to a planning report, in September 2019 Millom became one of 101 places invited to work with the Government to propose a Town Deal with up to £25 million in funds available from the wider £3.6 billion Towns Fund. It states: 'In November 2022, Cumberland Council and Millom Town Deal Boards were notified by the Department of Levelling Up, Housing and Communities (DLHUC) that following the submission of Full Business Cases they had been successful in securing £20.6 million for Millom. 'With match funding, this has brought forward investment of over £28.7 million into Millom. Work is now underway to deliver four exciting projects, one of which is The Iron Line.' According to the report Hodbarrow is 'a fantastic place to visit but struggles with a number of practical issues which prevent the reserve from meeting its full potential.' The practical issues include: vandalism; management; no parking; the path network; limited signage; limited furniture; little shelter; and ecological designations. The report states: 'RSPB Hodbarrow is located in close proximity to Millom and Haverigg and accessible on foot from the north via Mainsgate Road and from the east and west using a selection of public rights of way, including the recently established England Coast Path. 'The Iron Line route is formally designated as a Byway Open to All Traffic (BOAT) meaning that the route can be accessed by cars, cyclists, horses and pedestrians. 'Once on the reserve, a network of paths, of varying width and quality enable visitors to explore Hodbarrow. The limitation of the existing path network is that most are poorly surfaced and littered with potholes. 'Added to this is an inconsistency of type, meaning there's a lack of hierarchy, resulting in a navigational challenge. The masterplan proposes to improve the path network so that routes are better defined, solid and level underfoot so that visitors can traverse the site more easily.' According to the report this will comprise: formalising existing desire lines; using boardwalks at certain locations to minimise impact on ecology; and where appropriate, the introduction of fencing to keep visitors on track and away from the most sensitive habitats; and highlighting of important path nodes.
Yahoo
09-06-2025
- Business
- Yahoo
Inflation Cools, Jobs Steady--Is This the Market Rebound Investors Have Been Waiting For?
Consumer anxiety about rising prices may finally be easingand the timing could matter. According to fresh data from the New York Fed, Americans now see inflation coming in lower than they did just a month ago. Median year-ahead expectations dropped to 3.2% in May, down from 3.6% in April. Three- and five-year views also edged lower, now sitting at 3.0% and 2.6%, respectively. The shift follows a temporary de-escalation in trade tensions, with President Trump agreeing to reduce tariffs on Chinese imports. That announcement, while short-term, may have helped reverse the negative consumer sentiment that had been building since early this year. The job picture isn't boomingbut it might be stabilizing. Americans' perceived risk of losing their job over the next year ticked slightly lower, and more people say they feel confident enough to quit voluntarily. That's typically a positive signal for labor markets. At the same time, the share of households saying they expect to be financially worse off in a year has shrunk, and fewer respondents report difficulty accessing credit. Perhaps more telling: the average probability of missing a loan payment has dropped to its lowest point since Januaryhinting at some relief from financial stress, even as parts of the economy remain under pressure. This shift in sentiment may be influencing how people see the market. More consumers now expect the U.S. stock market to be higher a year from now. That optimism, combined with cooler inflation expectations and fewer job fears, could support short-term risk appetite heading into the summer. The Federal Reserve is widely expected to keep rates on pause at its upcoming June 1718 meeting, giving markets more room to digest the macro shifts. Tesla (NASDAQ:TSLA) and other high-beta names might see increased investor interest if this rebound in consumer confidence translates into steadier flows into equities. This article first appeared on GuruFocus. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
09-06-2025
- Business
- Yahoo
Inflation Cools, Jobs Steady--Is This the Market Rebound Investors Have Been Waiting For?
Consumer anxiety about rising prices may finally be easingand the timing could matter. According to fresh data from the New York Fed, Americans now see inflation coming in lower than they did just a month ago. Median year-ahead expectations dropped to 3.2% in May, down from 3.6% in April. Three- and five-year views also edged lower, now sitting at 3.0% and 2.6%, respectively. The shift follows a temporary de-escalation in trade tensions, with President Trump agreeing to reduce tariffs on Chinese imports. That announcement, while short-term, may have helped reverse the negative consumer sentiment that had been building since early this year. The job picture isn't boomingbut it might be stabilizing. Americans' perceived risk of losing their job over the next year ticked slightly lower, and more people say they feel confident enough to quit voluntarily. That's typically a positive signal for labor markets. At the same time, the share of households saying they expect to be financially worse off in a year has shrunk, and fewer respondents report difficulty accessing credit. Perhaps more telling: the average probability of missing a loan payment has dropped to its lowest point since Januaryhinting at some relief from financial stress, even as parts of the economy remain under pressure. This shift in sentiment may be influencing how people see the market. More consumers now expect the U.S. stock market to be higher a year from now. That optimism, combined with cooler inflation expectations and fewer job fears, could support short-term risk appetite heading into the summer. The Federal Reserve is widely expected to keep rates on pause at its upcoming June 1718 meeting, giving markets more room to digest the macro shifts. Tesla (NASDAQ:TSLA) and other high-beta names might see increased investor interest if this rebound in consumer confidence translates into steadier flows into equities. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Newsweek
26-05-2025
- Sport
- Newsweek
NBA Rumors: Chris Paul Reportedly Drawing Interest From Surprising West Team
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The San Antonio Spurs had veteran star point guard Chris Paul leading their offense during the 2024-25 NBA season. After signing a one-year deal worth just under $10.5 million last offseason, Paul played a solid year alongside Victor Wembanyama and company. Even at 40 years old, Paul has proven himself capable of being a key role player. Heading into the upcoming NBA offseason, Paul will hit free agency again. There are quite a few teams that could have interest in bringing him onboard. Chris Paul #3 of the San Antonio Spurs handles the ball against the Houston Rockets during the second half at Toyota Center on February 26, 2025 in Houston, Texas. Chris Paul #3 of the San Antonio Spurs handles the ball against the Houston Rockets during the second half at Toyota Center on February 26, 2025 in Houston, Texas. Photo byPaul played in all 82 games during the 2024-25 season with San Antonio. He averaged 8.8 points, 7.4 assists, 3.6 rebounds, and 1.3 steals per game, while shooting 42.7 percent from the floor and 37.7 percent from three-point range. Read more: Lakers Trade Rumors Spark Fiery Reaction From Austin Reaves' Agent One team in particular has been reported to have some level of interest in signing Paul. According to a report from NBA insider Marc Stein, the Dallas Mavericks are interested in signing the longtime star. They are looking to add a point guard this offseason, and Stein also listed both Lonzo Ball and Jrue Holiday as potential targets. "League sources say Dallas is expected to at least explore whether there are any feasible trade pathways to Boston's Jrue Holiday — complicated as that would likely be given the three years and $104 million still left on Holiday's contract — while also maintaining an interest in a far more reasonable trade target as we've discussed on the DLLS Mavs podcast: Lonzo Ball," Stein wrote. "Another name to monitor for Dallas: Chris Paul. The free agent-to-be just turned 40 on May 6, but Paul also just played (and started) 82 games in his maiden season as a San Antonio Spur." Kyrie Irving is the current starting point guard for the Mavericks. However, he is coming off a torn ACL that he suffered later in the season. Read more: Celtics' Jaylen Brown Speaks Out Strongly Amid Trade Rumors While he should be back healthy for the 2025-26 season, Dallas may be searching for a player who can come in and take pressure off of Irving. Adding a player like Paul would give Irving the opportunity to play off the ball at times. Only time will tell, but Paul and the Mavericks appear to be a potential fit to keep an eye on. Dallas will have Anthony Davis and Irving together for their first full season next year. Cooper Flagg is also expected to join the roster with the No. 1 overall pick in the 2025 NBA Draft. Bringing in Paul could be another big piece to push for an NBA Finals run. For more Dallas Mavericks and general NBA news, head over to Newsweek Sports.
