China’s Covid lockdowns a danger to global economy
Foreign firms that do business in China have learned a hard lesson: Beijing’s political needs will always trump economic policy. Minimising exposure is the only way to risk more trouble.
The Wall Street Journal
Paraguay prosecutor shot dead on honeymoon
Killers arrived by Jet Ski to carry out slaying of prosecutor, known for cases involving drug traffickers and crime figures.
‘Buy the dip’ believers tested by market’s slide
Small investors continue to pour money into stocks despite the grimmest outlook in years for interest rates and a possible recession.
Lisa Cook wins senate confirmation to Fed
The appointment, which had the backing of US Vice President Kamala Harris, makes her the first Black woman to sit on the central bank’s board.
When did ‘woman’ become a dirty word?
From ‘chest cancer’ to ‘body feeding’ and ‘frontal birth’, the movement to ‘degender’ medicine amounts to erasure of the female sex.
US stocks mixed ahead of key inflation update
The Dow Jones index fell for a fourth straight session with the yield on the benchmark 10-year US bond edging lower. Nasdaq, S&P 500 edged higher.
Warhol’s iconic Monroe portrait fetches $280m
The record-high sale for an American artwork at auction signals a strong start to New York’s major spring auctions.
Musk’s $64bn Twitter deal faces ‘significant risk’ of getting repriced lower
Hindenburg Research says Twitter could lose 50 per cent in equity if the world’s richest person walks away from the deal.
Uber to cut costs as investors sour on tech
The ride-hailing company is looking to turn a profit after the shares plunged more than 40 per cent this year as investor appetite wanes.
US stocks slide to 2022 low as rout deepens
A broad sell-off on Wall Street accelerated Monday, leaving investors with few places to shelter from the market’s tumult.
Port labour talks raise supply chain concerns
Negotiations over a new contract for 22,400 dockworkers at 29 West Coast ports could take months to resolve, raising more concerns for US importers and exporters.
New York’s fabled Hotel Chelsea reopens
The incredible piece of New York history is welcoming back guests after undergoing a decade-long renovation.
Why China remains the outlier in a world of surging inflation
As the rest of the world battles to contain runaway consumer prices, the world’s second-largest economy has kept it at bay.
Electricity shortage warnings grow across US
US power-grid operators caution that electricity supplies aren’t keeping up with demand amid transition to cleaner forms of energy.
US tech industry’s epic two-year run sputters
Investors are divided about whether US technology companies are set for a deep retrenchment or if growth is simply slowing from pandemic highs.
Speech may tell us how Putin wants to lose the war
Vladimir Putin would prefer being stopped by Nato than by Ukraine, which would only dramatise the Russian army’s failure.
Doctor Who gets a new time lord
British actor Ncuti Gatwa, known for his role in popular series Sex Education will be the first Black actor to play the leading role in the cult BBC science fiction series.
US frackers letting production fall
Shale-oil producers return more cash to investors than is going toward drilling, in a reversal from industry’s boom years.
Palm oil demand puts rainforests at risk again
So far, high prices haven’t dented years of progress against deforestation.
US gets a boost in business appeal
For European companies, America offers political stability and sustained growth in an increasingly risky and turbulent world.
Original URL: https://www.theaustralian.com.au/business/the-wall-street-journal/page/177