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11

Dollar, Treasury Yields Are Stable At High Levels Ahead of Treasury Auctions

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The dollar and Treasury yields are consolidating their recent rise as market attention turns to this week’s Treasury auctions, MUFG said.

Gold Futures Slump as Middle East Tensions Ease

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Gold future prices fell more than 1%, hitting its lowest price since early April, as tensions between Israel and Iran eased and safe haven demand melted away.

U.K. Flagship FTSE 100 Index Hits Fresh Record High

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The U.K.’s FTSE 100 opened at an all-time high as weakness in the pound and easing geopolitics boosted the performance of the blue-chip index.

Eurozone Rebound Lags U.S. Growth as Divergence Takes Hold

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The eurozone’s economic recovery continued to pick up pace at the start of the second quarter though growth continues to trail far behind the U.S., opening the way for a divergence between the world’s leading central banks.

The Doping Crisis Set to Test the Paris Olympics

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The World Anti-Doping Agency faces a credibility fight over its handling of 23 Chinese swimmers’ failed drug tests.

10

Oil Stabilizes as Fears of Wider Middle East War Fade

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Oil prices were broadly stable after recouping some of the losses posted in the previous session as fears of an all-out war between Israel and Iran faded.

Elon Musk Criticizes Australia for Ordering Removal of Stabbing Video

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The owner of X said the requirement to take down content goes too far if applied globally.

Primark Owner AB Foods Profit Rises on Robust Margin Recovery

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Primark owner AB Foods reported a higher profit for the first half, benefiting from some normalization of its markets and in the supply chain despite sales coming in below expectations.

09

Nidec Corp. Posts Net Loss on EV-Motor Business Restructuring

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Nidec Corp. reported a fourth-quarter net loss on restructuring expenses for its electric-vehicle traction motor business as severe competition disrupts the EV market in China.

Eurozone Bond Yields Could Rise If PMI Data Beat Forecasts

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French, German and eurozone PMIs matching or beating consensus views could be sufficient in the current environment to push bond yields through resistance levels, both at the front and at the long end of the curve, KBC said.

JD Sports Buys Hibbett in Push Into U.S. Market

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JD Sports Fashion is buying Hibbett in a deal that values the American sporting-goods retailer at $1 billion.

DNB Earnings Supported by Corporate Market and Strong Economy

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DNB Bank’s first-quarter earnings beat forecasts, helped by a positive trend in the corporate market and a resilient Norwegian economy.

Renault's Group Revenue Beats Expectations

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Renault confirmed its guidance for 2024 after its group revenue rose in the first quarter on higher sales, but revenue from its cars division fell slightly on unfavorable exchange rates.

08

Akzo Nobel Beats Views as Sales Volumes Rise

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Akzo Nobel reported a growth in revenue and adjusted earnings for the first quarter that exceeded expectations, with higher volumes helping its top line, and backed its outlook for the year.

Chinese Bubble Tea Maker Slides in Hong Kong Trading Debut

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Shares of Chinese bubble tea maker Sichuan Baicha Baidao Industrial slumped on lukewarm demand and comes ahead of planned listings by tea rivals Mixue Ice Cream & Tea and Guming.

ECB Will Consider Fed's Progress When Deciding on Rate Cuts, De Guindos Says

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The ECB will take account of the Fed’s progress in lowering inflation when it decides the pace of cuts to its key interest rate after a first move in June, its vice president said in an interview.

Novartis Ups Guidance on Profit, Sales Growth

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Novartis lifted its full-year guidance after first-quarter profit and sales rose and beat consensus expectations, boosted by strong sales of key drugs.

Singapore Inflation Cooled More Than Expected in March

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Singapore’s easing but still high levels of inflation will likely add to expectations that the central bank will keep monetary policy settings tight.

07

China's Economy Is 'Failing,' U.S. Indo-Pacific Commander Says

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The U.S. military commander in the Indo-Pacific said he didn’t believe the economic growth figures reported by China and described the country’s economy as failing.

Inside the Race to Revolutionize Quantum Computing

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AI is the technology trend of the moment—but what’s 10 years down the road? Some experts say quantum computing will be the next game changer. WSJ visited IBM’s quantum computing lab to learn why.

Several prominent universities took steps to stem further fallout from on-campus confrontations over the Israel-Hamas war,

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Several prominent universities took steps to stem further fallout from on-campus confrontations over the Israel-Hamas war, as the schools braced for more heated protests and escalating security concerns.

Trump orchestrated a criminal conspiracy to influence the 2016 election, then sought to cover up a hush-money payment to

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Trump orchestrated a criminal conspiracy to influence the 2016 election, then sought to cover up a hush-money payment to a porn star by lying in his New York business records over and over again, a prosecutor alleged as the former…

Lawyers for Trump agreed to put tighter restrictions on the $175 million bond he was required to post in a civil-fraud case.

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Lawyers for Trump agreed to put tighter restrictions on the $175 million bond he was required to post in a civil-fraud case.

Germany detained three people suspected of spying on sensitive military technology for China.

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Germany detained three people suspected of spying on sensitive military technology for China.

Israel's military spy chief resigned, becoming the first senior official to step down over intelligence failures that enabled the Hamas-led attacks on Oct. 7.

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Israel’s military spy chief resigned, becoming the first senior official to step down over intelligence failures that enabled the Hamas-led attacks on Oct. 7.

What's News: World-Wide

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What’s News: World-Wide

Turning a Vault Into a Bomb Shelter: How Citigroup Has Kept Its Bank Running Inside Ukraine

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Two years into the war, Citigroup is the only U.S. bank around, navigating a sometimes treacherous landscape

Pepper...and Salt

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Pepper...and Salt

06

China Finance Ministry Voices Support for Central Bank Bond Trading

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China’s finance ministry has said it is in favor of the central bank resuming trading Treasury bonds, a move that would see the monetary authority dust off a rarely used tool in its policy kit.

GEF Capital raised $325 million to back midsize companies that help other businesses consume energy more efficiently.

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GEF Capital raised $325 million to back midsize companies that help other businesses consume energy more efficiently.