kslmadmin

By Rae Wee SINGAPORE, May 18 (Reuters) – Bonds from Tokyo to New York extended losses on Monday as rising energy prices from the ongoing Middle East war fanned inflation fears and stoked investor wagers on rate hikes from global central banks. Benchmark 10-year U.S. Treasury yields, which move inversely to prices, jumped to their highest since February 2025 in early Asia trade at 4.6310%, having climbed more than 20 […]

May 17 (Reuters) – Online fast-fashion platform Shein is acquiring Everlane from majority owner L Catterton in a deal valuing the U.S.-based apparel retailer at about $100 million, Puck News reported on Sunday, citing people familiar with the matter. Those with common stock in Everlane will not receive a payout, the report said. There was no information on whether preferred shareholders would receive cash or shares in Shein as part […]

By Che Pan and Laurie Chen BEIJING, May 18 (Reuters) – Changxin Memory Technologies (CXMT), China’s top memory chipmaker, said on Sunday it expects first-half revenue to reach 110 billion yuan to 120 billion yuan ($17.62 billion), according to a renewed prospectus, as surging memory chip prices boost its business outlook. Memory chip prices have risen globally as an artificial intelligence-driven boom in computing chips fuels a memory supercycle. The […]

BEIJING, May 18 (Reuters) – China’s economic growth lost steam in April as industrial output and retail sales growth sharply missed expectations as the Asian powerhouse grappled with higher energy costs from the Iran war and sluggish domestic demand. Data from the National Bureau of Statistics (NBS) showed on Monday that factory output grew 4.1% from a year earlier last month, compared with a 5.7% rise in March and a […]

ANAHEIM, Calif. (AP) — Roki Sasaki’s eventful major league career finally appears to be going the way most everyone expected when he joined the Los Angeles Dodgers at the start of last season. Sasaki pitched a career-high seven innings of four-hit ball in a 10-1 victory over the Los Angeles Angels on Sunday, turning in the longest and most dominant start of his strange tenure in blue. The 24-year-old right-hander […]

MELBOURNE, Australia (AP) — After three years as a prisoner in Beijing, Cheng Lei is busy rebuilding her life. She’s written a memoir and a play, tried her hand at stand-up comedy and is pursuing her career as a journalist. She has shone a rare spotlight on the harsh conditions within the secretive Chinese prison system. She has also shared a personal story of resilience about how meaning can be […]

By Jasper Ward May 17 – Former NBA player Rick Fox has been appointed to the Bahamian Senate, taking up one of four seats reserved for members of the opposition. The appointment of Fox, who belongs to the Free National Movement (FNM), to the 16-member Senate came days after he lost a bid to be elected to the Bahamian House of Assembly. “Picked Rick – Soon to be sworn in to […]

BEIJING, May 18 (Reuters) – A magnitude 5.2 earthquake in China’s southwest region of Guangxi early on Monday killed two and forced more than 7,000 in the city of Liuzhou to evacuate as search and rescue operations continue and authorities warn of transport disruptions. • There were two confirmed deaths with one still missing, and four people were sent to the hospital, although none of them had life-threatening injuries, CCTV and […]

May 17 (Reuters) – Two suspects were in custody on Sunday while another person remained at large after a dozen shootings this weekend in Austin, Texas, police said.  • In a press conference, Austin Police Chief Lisa Davis said two suspects, a 15-year-old male and a 17-year-old male, were in custody after 12 incidents where shots were fired in south and east Austin on Saturday and early on Sunday. • […]