BEIJING (AP) - Asian stock markets retreated Wednesday as investors looked ahead to U.S. data they worry will show inflation is picking up.Shanghai, Tokyo, Hong Kong and Southeast Asian markets declined...

https://apnews.com/article/asia-inflation-financial-markets-business-6ed9af7cd51b64e59a720409612e38b5

#APNews

Manchester United's 2-1 loss to Leicester City on Tuesday night saw Manchester City crowned the Premier League champions for the third time in four seasons...

https://www.ibtimes.co.uk/pep-guardiola-hails-players-resilience-after-manchester-city-are-crowned-premier-league-champions-1690252

Google is launching its own version of Apple's privacy nutrition labels
Google will soon automatically enable two-factor authentication on eligible accounts
Google TV-like experience coming to Android tablets
Walmart Onn Android TV streamer shows up on the retailer's website with a possible $30 ...

https://twit.tv/shows/all-about-android/episodes/524

#twit

German speciality chemicals maker Lanxess
raised the floor of its 2021 profit guidance range on
Wednesday, driven by a further increase in demand, especially
from the auto industry...

https://www.reuters.com/article/lanxess-results/update-1-lanxess-raises-lower-end-of-2021-profit-forecast-as-auto-sector-recovers-idUSL8N2MZ0YJ

#Reuters

Japan's coincident indicator index rose in March, the government said on Wednesday, supported by strong retail sales and exports, even as the coronavirus crisis remained a threat to the country's economic recovery...

https://www.channelnewsasia.com/news/business/japan-s-coincident-index-rises-in-march-14794044

#channelnewsasia

Indian shares were weighed
down by financials on Wednesday as Asian peers slumped on
concerns over a potential pickup in U.S. inflation, while
domestic COVID-19 deaths crossed the quarter-million mark with
no signs of infections peaking...

https://www.reuters.com/article/india-stocks/indian-shares-dip-on-u-s-inflation-worries-domestic-covid-19-deaths-surge-idUSL4N2MZ1CT

#Reuters

SINGAPORE: The Great Singapore Sale (GSS) will team up with online shopping platform Lazada this year a move that its organisers said is timely amid the countrys return to stricter COVID-19 measures and a transformed retail scene.

The annual shopping affair, which started 27 years ago, will...

https://www.channelnewsasia.com/news/singapore/great-singapore-sale-lazada-covid-19-shopping-retail-14793792

#channelnewsasia

The World Bank says that the more people and assets are concentrated in urban centres the greater the exposure to climate and disaster risk...

https://www.ibtimes.co.uk/millions-risk-cities-fail-adapt-climate-change-report-1690250

By Marchthis year, the business of companies like Uber and Ola hadrecovered to around 70% of pre-pandemic levels.After nearly a year of Covid-triggered slump, ride-hailing companies in India had finally started recovering in early 2021. But the onset of the second wave of the pandemic could hit the ...

https://qz.com/india/2007542/indias-ride-hailing-apps-may-be-hit-again-amid-second-covid-wave/

#Quartz

Apple announced on its website that it was able to keep off users from potentially $1.5B worth of fraud in the App Store in 2020...

https://www.techtimes.com/articles/260153/20210512/apple-claims-saved-users-app-store-fraud-2020.htm

#TechTimes

rrAll online banking services including ATMs, mobile banking and online banking services will be accessible.rr...

https://www.hindustantimes.com/business/banks-to-remain-shut-on-may-13-14-in-these-cities-check-full-list-here-101620793849408.html

#hindustantimes

German speciality chemicals maker Lanxess
raised the floor of its 2021 profit guidance range on
Wednesday, driven by a further increase in demand, especially
from the auto industry...

https://www.reuters.com/article/lanxess-results/chemicals-group-lanxess-raises-lower-end-of-2021-profit-forecast-idUSL8N2MZ0WH

#Reuters

Dutch bank ABN Amro
on Wednesday reported a net loss of 54 million euros ($66
million) over the first three months of 2021, as a hefty fine
for money laundering outweighed the positive effects of economic
recovery in the Netherlands...

https://www.reuters.com/article/abn-amro-results/abn-amro-reports-54-mln-q1-net-loss-as-money-laundering-fine-weighs-idUSL1N2MZ093

#Reuters

Global indices provider MSCI will add six stocks to its India index, including Adani Enterprises and SBI Cards and Payment Services, and will remove Zee Entertainment Enterprises from the index...

https://www.financialexpress.com/market/msci-india-index-add-6-stocks-adani-enterprises-sbi-cards-removes-zee-entertainment-small-cap-index-33-new-shares-full-list/2250368/

#TheFinancialExpress

Buxar District Magistrate Aman Sameer said the administration is keeping a close watch on Ganga ghats...

https://www.financialexpress.com/india-news/decomposed-floating-bodies-in-ganga-spark-panic-in-bihar-uttar-pradesh/2250360/

#TheFinancialExpress

Austrian-Swiss aircraft component
maker Montana Aerospace priced its Swiss initial public
offering at 25.65 Swiss francs per share, the company said ahead
of its stock market debut on Wednesday, giving it an expected
market capitalisation of 1.2 billion Swiss francs ($1.33
billion...

https://www.reuters.com/article/swiss-ipo-montana/montana-aerospace-ipo-values-company-at-1-2-bln-swiss-francs-idUSZ8N2K902J

#Reuters

Australian and New Zealand app Menulog last month moved toward treating its Australian delivery riders as employees...

https://www.ibtimes.co.uk/deaths-australia-highlight-pandemic-plight-delivery-riders-1690246

Online lending apps and more given fifteen days to rectify behaviour Chinas Central Cyberspace Affairs Commission has named 84 apps it says breach local privacy laws and given their developers 15 days to rectify their code...

https://go.theregister.com/feed/www.theregister.com/2021/05/12/central_cyberspace_affairs_commission_warns_84_apps/

#TheRegister

STERLING HEIGHTS, Mich. (AP) - He scurries through his apartment, downing a quick mug of coffee, brushing his teeth, feeding his pet rabbit, Auggie, before leaving. Not so long ago, Bill Mathis would have headed to his high school classroom to discuss great literature like "To Kill a Mockingbird" ...

https://apnews.com/article/coronavirus-pandemic-business-health-government-and-politics-5026fccc5a2240c4227a1ed044f710d1

#APNews

"OEMs want to work with us because of the monopolistic behaviour that Google shows towards them. Nobody wants to be at the losing end of the agreement...

https://www.financialexpress.com/industry/technology/exclusive-meet-bobble-ai-the-indian-startup-behind-xiaomis-default-keyboard-app-fighting-googles-monopoly-with-fast-innovation/2250371/

#TheFinancialExpress

[The Conversation Africa] There are two widely available views of Nelson Mandela, the first post-apartheid president of South Africa. The first is a reverential and uncritical celebration of his life and achievements. It resonated in the obituaries and eulogies when Mandela died in December 2013...

https://allafrica.com/stories/202105120031.html

#AllAfricaNews

Philippines' Jollibee Foods Corp said on Wednesday it posted a net profit for the second consecutive quarter, supported by international sales that have recovered to pre-pandemic levels...

https://www.channelnewsasia.com/news/business/philippines--jollibee-posts-first-quarter-profit-as-international-sales-recover-14793886

#channelnewsasia

[Atlantic Council] Set to tip off on May 16, the Basketball Africa League (BAL) has finally arrived. Delayed a year by COVID-19, the BAL represents the National Basketball Association (NBA)'s first investment in an NBA-branded league outside of North America and the most consequential US recognition...

https://allafrica.com/stories/202105120033.html

#AllAfricaNews

A recent Chinese state media report has added to rumors that two major Marvel superhero films, The Eternals and Shang-Chi and the Legend of the Ten Rings, may not be approved for release in China. In a report on the Marvel Cinematic Universes Phase Four films, the CCTV6 China Movie Channel aired a ...

https://variety.com/2021/film/news/marvel-shang-chi-eternals-china-release-1234971166/

#variety

Global investors have flipped
from 'buy everything' to 'peak everything' in a matter of weeks
- but these manic mood swings may even out soon...

https://www.reuters.com/article/global-investors/column-peaky-markets-more-durable-than-they-look-mike-dolan-idUSL8N2MY5E8

#Reuters

Licences given to arms firm Lockheed Martin said to go against governments stance on exploiting seabedDeep-sea mining exploration licences granted by the British government are riddled with inaccuracies, and could even be unlawful, according to Greenpeace and Blue Marine Foundation, a conservation ...

https://www.theguardian.com/environment/2021/may/12/uks-deep-sea-mining-permits-could-be-unlawful-greenpeace

#theguardian

BlackRock Inc has
received a licence in China for a majority-owned wealth
management venture, expanding its footprint in the country's
fast-growing asset management market...

https://www.reuters.com/article/china-blackrock-wealth/update-1-blackrock-expands-china-footprint-with-wealth-management-licence-idUSL1N2MZ07X

#Reuters

SYDNEY: Lockdown-fuelled demand for take-out meals has brought throngs of new delivery riders onto streets around the world, but in Australia the boom has also seen tragedy with a spate of road deaths highlighting the plight of couriers.

As many industries ground to a halt last year, millions lost...

https://www.channelnewsasia.com/news/business/deaths-in-australia-highlight-plight-of-delivery-riders-14793546

#channelnewsasia

TAIPEI: Taiwan may raise its COVID-19 alert level in the "coming days", Health Minister Chen Shih-chung said on Wednesday (May 12), warning of an extremely serious situation on the island which has so far controlled the pandemic well, sending the stock market tanking.

On Tuesday, Taiwan announced...

https://www.channelnewsasia.com/news/asia/taiwan-warns-on-rising-covid-19-risk-stocks-tank-14793526

#channelnewsasia

Machine learning algorithms running on quantum computers are being used to improve Li-ion battery performance and safety.
The post Modeling Battery Designs via Quantum Computers appeared first on EETimes.
The prodigious potential of quantum computing is being applied to a critical energy storage ...

https://www.eetimes.com/modeling-battery-designs-via-quantum-computers/

#EETimes

China and Hong Kong shares
slipped on Wednesday, dragged down by real estate firms after
Beijing held a meeting on property tax to curb rampant
speculation in the housing market, although tech stocks
rebounded from a sharp drop in the previous session.
** At the midday break, the Shanghai Composite ...

https://www.reuters.com/article/china-stocks-midday/china-hong-kong-shares-weighed-down-by-property-firms-on-tax-talks-idUSL1N2MZ07Q

#Reuters

SYDNEY, May 12 An extended sell-off drove Asian shares to their lowest in seven weeks on Wednesday as surging commodity prices and growing inflationary pressure in the United States prompted markets to bet on earlier rate hikes and higher bond...

Analysts said a combination of inflation fears and ...

https://www.malaymail.com/news/money/2021/05/12/inflation-anxiety-jolts-stocks-asia-tumbles-to-two-month-lows/1973634

#TheMalayMailMoney

The yuan eased on Wednesday as
overseas-listed Chinese firms bought dollars to make dividend
payments, but trade was cautious ahead of U.S. inflation data
which has raised concerns in equity mrkets about earlier
interest rate hikes.
The dollar continued to hover near its lowest levels of the
...

https://www.reuters.com/article/china-yuan-midday/yuan-eases-as-fx-demand-for-dividend-payments-kicks-in-idUSL1N2MZ07R

#Reuters