White House chief economist Jared Bernstein speaks about the impact of a looming government shutdown with Economic Policy Institute president Heidi Shierholz, in Washington, U.S., Sept 27, 2023 REUTERS/Andrea Shalal The U.S.  economy  is facing headwinds from a possible government shutdown, student debt payments restarting, higher interest rates and an autoworkers' strike, White House economic adviser Jared Bernstein said on Wednesday. The  economy  will keep going in a 'pretty good way' unless there is a policy mistake or exogenous shock, he added, speaking at an event at the Economic Policy Institute, a progressive think tank.

https://business.inquirer.net/423475/us-economy-facing-headwinds-from-possible-govt-shutdown-white-house

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StockNews.com started coverage on shares of PROS ( NYSE:PRO – Get Rating ) in a report released on Thursday. The firm issued a hold rating on the software maker's stock. Other equities research analysts also recently issued research reports about the stock. Stifel Nicolaus decreased their target price on shares of PROS from $36.00 to $34.00 in a research note on Wednesday, May 3rd. Needham & Company LLC restated a buy rating and issued a $35.00 price objective on shares of PROS in a research report on Wednesday, March 8th.

https://www.dailypolitical.com/2023/05/21/pros-nysepro-research-coverage-started-at-stocknews-com.html

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Supporters of former Kosovo president Hashim Thaci and three other defendants protest in The Hague, Netherlands, Monday, April 3, 2023, near the special court where Thaci goes on trial on charges of war crimes and crimes against humanity linked to their roles in Kosovo's war for independence from Serbia in the late 1990s. (AP Photo/Peter Dejong)

https://n.news.naver.com/mnews/article/077/0005904893?sid=104

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(LEAD) stocks-summary (ATTN: ADDS bond yields at bottom) SEOUL, Aug. 31 (Yonhap) -- South Korean stocks closed marginally lower Thursday, snapping a three-day winning streak, amid growing expectations the U.S. Federal Reserve may pause the interest rate hike after a set of fresh economic data signaled a cooling economy. The local currency inched up against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) fell 4.95 points, or 0.19 percent, to close at 2,556.27. Trading volume was moderate at 461.

https://n.news.naver.com/mnews/article/001/0014164184?sid=104

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Democratic Party of Korea leader Rep. Lee Jae-myung (Yonhap) Rep. Lee Jae-myung, leader of the main opposition Democratic Party of Korea, has officially been named a suspect in an investigation into illicit transfers of money to North Korea in 2018.This makes Lee, who is already facing separate trials over corruption controversies from his time as head of Gyeonggi Province and the city of Seongnam, Gyeonggi Province, a possible defendant in yet another criminal case.According to prosecutors in Suwon, Gyeonggi Province, Lee is suspected of having played a major role in paying North Korean authorities some $3 million via underwear maker Ssangbangwool with the aim of arranging a trip to North Korea.

https://n.news.naver.com/mnews/article/044/0000249350?sid=104

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Festivities at the 2023 Palarong Pambansa held at the Marikina Sports Center (Photo from the Palarong Pambansa Facebook page) MANILA, Philippines — A drone show at the closing ceremony of Palarong Pambansa on Saturday displayed an upside-down Philippine flag — wrongly signaling that the country is at war — leaving officials of the host city Marikina red-faced. In a statement issued later that day, the city government said it planned to file charges against DroneTech Philippines, the company responsible for the drone presentation at the end of the national youth sports tournament.

https://newsinfo.inquirer.net/1813066/drone-company-in-trouble-for-upside-down-ph-flag

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Opposition party supporters attend a campaign rally in Zimbabwe's rural Domboshava area, Tuesday, Aug. 15 2023. People in Zimbabwe's rural areas claim they are facing intimidation and a biased state-run media which limits their ability to support opposition parties ahead of national elections next week. To combat that, one group of grandmothers is using the WhatsApp messaging app to spread information from the opposition party they support in an attempt to cut through the propaganda. (AP Photo/Tsvangirayi Mukwazhi) PHOTO TAKEN TUESDAY, AUG.

https://n.news.naver.com/mnews/article/077/0006010071?sid=104

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TC Energy ( TSE:TRP – Get Rating ) (NYSE:TRP) had its price target reduced by investment analysts at Credit Suisse Group from C$60.50 to C$59.50 in a research report issued on Tuesday, The Fly reports. Credit Suisse Group's target price indicates a potential upside of 7.03% from the stock's previous close. A number of other equities research analysts have also recently weighed in on TRP. Raymond James reduced their price target on shares of TC Energy from C$63.00 to C$62.00 in a research report on Friday, February 3rd.

https://www.dailypolitical.com/2023/04/11/credit-suisse-group-cuts-tc-energy-tsetrp-price-target-to-c59-50.html

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MONECO Advisors LLC reduced its stake in Netflix, Inc. ( NASDAQ:NFLX – Get Rating ) by 1.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,694 shares of the Internet television network's stock after selling 49 shares during the quarter. MONECO Advisors LLC's holdings in Netflix were worth $794,000 at the end of the most recent reporting period. Other institutional investors have also modified their holdings of the company.

https://www.dailypolitical.com/2023/04/09/moneco-advisors-llc-trims-stock-position-in-netflix-inc-nasdaqnflx.html

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Geode Capital Management LLC raised its holdings in shares of Costco Wholesale Co. ( NASDAQ:COST – Get Rating ) by 0.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 8,098,880 shares of the retailer's stock after buying an additional 54,574 shares during the period. Costco Wholesale makes up approximately 0.5% of Geode Capital Management LLC's portfolio, making the stock its 28th largest position. Geode Capital Management LLC's holdings in Costco Wholesale were worth $3,689,979,000 at the end of the most recent reporting period.

https://www.dailypolitical.com/2023/05/31/geode-capital-management-llc-acquires-54574-shares-of-costco-wholesale-co-nasdaqcost.html

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Individuals increasingly turning eyes to more stable investment options amid higher interest rates A Hana Bank dealer watches a news report on the US Fed's rate hikes at a trading room in Seoul on Sept. 27. (Newsis) The South Korean government has decided to allow retail investors to directly invest in state bonds from next year amid the recent fervor for bond investments among individuals.Last month, the government announced its planned revision to the State Bond Act, which aims to roll out bond products solely for retail investors.

https://n.news.naver.com/mnews/article/044/0000250468?sid=104

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WASHINGTON — China has been spying from Cuba for some time and upgraded its intelligence collection facilities there in 2019, a Biden administration official said on Saturday, following a report about a new spying effort underway on the island. The Wall Street Journal on Thursday reported that China had reached a secret deal with Cuba to establish an electronic eavesdropping facility on the island roughly 100 miles (160 km) from Florida, but the U.S. and Cuban governments cast strong doubt on the report.

https://newsinfo.inquirer.net/1784560/china-has-been-spying-from-cuba-for-some-time-us-official-says

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India Business News: Lockdowns imposed by the states in April and May to contain the second wave of the deadly Covid-19 pandemic has likely led to the economy c...

https://timesofindia.indiatimes.com/business/india-business/economy-likely-contracted-12-in-q1-report/articleshow/83599898.cms

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LEGAZPI CITY—While thousands of residents of Albay province were fleeing or being taken to shelters away from the danger zone of the restive Mt. Mayon, this city is seeing a rise of tourists drawn here by the volcano's lava flow and rockfall events. The tourists filled the city's hotels that have a view of Mayon Volcano and brought business to the operators of all-terrain vehicles (ATV) that rent out rides for those daring to get as close to the volcano as possible without entering its 6-kilometer-radius permanent danger zone (PDZ).

https://newsinfo.inquirer.net/1793130/restive-mayon-stillattracting-more-tourists-to-albay

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Herlene Budol has drawn the ire of pageant enthusiasts and netizens who watched her playful approach during the question-and-answer portion of the Miss Grand Philippines (MGPh) 2023 press presentation, saying her responses seemed to show her lack of effort and understanding of the goals of the pageant. A video of Budol's response to the interviewer's question was shared on the official Facebook page of the national competition on Tuesday, June 20, which became viral on the internet due to her somewhat hilarious answers, with some saying her lack of communication skills might work against her in the pageant.

https://entertainment.inquirer.net/505649/herlene-budols-hilarious-responses-in-miss-grand-philippines-qa-draw-ire-sneers

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Former Air New Zealand director Paul Bingham appointed. Paul Bingham. First Table has appointed former Air New Zealand director Paul Bingham as chair, bringing extensive experience to the hospitality technology business, which rewards early bird diners with 50% off the food bill at partner restaurants. Bingham is also current chair of Shuttlerock, a New Zealand Want to read more? It's easy. Choose your best value subscription option Get two weeks free access to NBR's Premium Online Subscription, which includes full access to all of NBR's great content on any device.

https://www.nbr.co.nz/comings-and-goings/new-chair-for-first-table/

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(VOVWORLD) -Five groups and 11 individuals were honored at the Vietnam Glory Awards program on Sunday evening in Hanoi for their strong aspiration for national development and strenuous efforts to overcome all difficulties to serve the country and people. Lieutenant General Nguyen Van Gau, Member of the Party Central Committee and Deputy Director of the General Department of Politics of the Vietnam People's Army, present the trophies honoring the outstanding individuals. Photo: Minh Duc/VNA The program organized by the Vietnam General Confederation of Labor celebrated the 75th anniversary of President Ho Chi Minh's appeal for patriotic emulation movement.

https://vovworld.vn/en-US/news/vietnam-glory-awards-2023-honor-exemplary-patriots-1204888.vov

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What's new: The public shouldn't overreact to an incident on a Cathay Pacific flight last week that led to a discrimination complaint, said Hong Kong Executive Council Convenor Regina Ip Lau Suk-yee. A passenger on a Cathay Pacific flight from Chengdu to Hong Kong complained in an online post last week that flight attendants made fun of mainland passengers for requesting a 'carpet' instead of a blanket in English.

https://www.caixinglobal.com/2023-05-30/hong-kong-lawmaker-regina-ip-calls-for-public-not-to-overreact-to-cathay-pacific-incident-102060067.html

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(VOVWORLD) -Vietnam cemented its top spot on the SEA Games medal table with 100 golds as of 5.15 PM on Sunday. Tran Ngoc Thuy Vi and Le Hoang Phong win gold medals in aerobics mixed doubles. Photo: Hoang Linh/VNA 3 more golds were won in aerobics and fencing on Sunday morning. Winning 2 more golds, Vietnam finished the aerobics competition with a total of 5 gold medals in all 5 events of the Games. Vietnamese athletes continued to compete in the finals of swimming, weightlifting, and tennis later on Sunday.

https://vovworld.vn/en-US/news/vietnamese-athletes-shine-at-sea-games-32-1199076.vov

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New Gold Inc. ( NYSEAMERICAN:NGD – Get Rating ) dropped 7.6% on Thursday . The stock traded as low as $1.35 and last traded at $1.36. Approximately 1,032,192 shares changed hands during trading, a decline of 72% from the average daily volume of 3,669,929 shares. The stock had previously closed at $1.47. Wall Street Analysts Forecast Growth NGD has been the topic of several recent analyst reports. National Bank Financial increased their target price on New Gold from C$1.60 to C$1.75 in a research report on Friday, January 13th.

https://www.dailypolitical.com/2023/05/13/new-gold-nyseamericanngd-stock-price-down-7-6.html

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