With the coming summit between Chinese President Xi Jinping and US President Donald Trump back on schedule for May, the two leaders present two starkly different paths for the world: one defined by a “community with a shared future” and the other driven by unpredictable impulses of rivalry and division. While Trump postponed the April summit to engage Xi without the distractions of the war he laun...
With the coming summit between Chinese President Xi Jinping and US President Donald Trump back on schedule for May, the two leaders present two starkly different paths for the world: one defined by a “community with a shared future” and the other driven by unpredictable impulses of rivalry and division. While Trump postponed the April summit to engage Xi without the distractions of the war he launched on Iran, a swift resolution before their meeting does not seem likely – despite the newly...
Shares of Simply Good Foods (NASDAQ: SMPL) sank on Thursday after the packaged-food and beverage purveyor's sales fell short of investors' expectations. Image source: Getty Images. Simply Good Foods' net sales fell 9.4% year over year to $326 million in its fiscal 2026 second quarter, which ended on Feb. 28. That was far larger than the 3.5% to 4.5% decline management forecasted back in January. C...
Shares of Simply Good Foods (NASDAQ: SMPL) sank on Thursday after the packaged-food and beverage purveyor's sales fell short of investors' expectations. Image source: Getty Images. Simply Good Foods' net sales fell 9.4% year over year to $326 million in its fiscal 2026 second quarter, which ended on Feb. 28. That was far larger than the 3.5% to 4.5% decline management forecasted back in January. Continue reading
A number of stocks fell in the morning session after reports of a ceasefire breach in the Middle East spiked market volatility as fears grew that a fragile U.S.-Iran truce would unravel.
A number of stocks fell in the morning session after reports of a ceasefire breach in the Middle East spiked market volatility as fears grew that a fragile U.S.-Iran truce would unravel.
Japanese financial firms have “limited” exposure to private credit in the US even after expanding such investments in recent years, the nation’s financial regulator told the ruling party, as concerns mount over risks in the sector. The Financial Services Agency gave the assessment in materials submitted to a financial research committee of the Liberal Democratic Party on Friday and seen by Bloombe...
Japanese financial firms have “limited” exposure to private credit in the US even after expanding such investments in recent years, the nation’s financial regulator told the ruling party, as concerns mount over risks in the sector. The Financial Services Agency gave the assessment in materials submitted to a financial research committee of the Liberal Democratic Party on Friday and seen by Bloomberg News. While noting that Japanese financial institutions have boosted their overseas fund-related businesses in recent years, the FSA said their risk management has become more sophisticated. It added that it will continue to “review risk-taking policies, management frameworks and the status of initiatives.” Japanese Finance Minister Satsuki Katayama said she doesn’t see private credit as a major issue in Japan, citing the limited exposure. Group of Seven finance ministers may discuss risks related to private credit among major US and European firms when they meet in Washington next week, she told reporters in Tokyo on Friday. Authorities around the world have been scrutinizing the $1.8 trillion market for private credit, which has recently seen a wave of redemption requests from investors concerned about the health of some corporate borrowers. Japanese appetite for the assets has been growing as investors seek to diversify portfolios, and some firms are looking to develop a market for such lending domestically as well. Private credit differs from bank lending and corporate bond issuance in that funds supply capital raised from investors directly to companies. Interest rates tend to be higher than for bank loans, and returns often exceed those of corporate bonds. FSB’s Bailey Warns Iran War Is Compounding Private Credit Stress Why Private Credit Is Facing a Sudden Investor Exodus: Explainer Private Credit’s Great Divide: Imminent Crisis or ‘No Big Deal’ Like the FSA, Japanese banks see limited immediate risks from private credit investment. Masahiko Kato , chairman of the...
(RTTNews) - The Japanese market is trading sharply higher on Friday, reversing the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 56,700 level, with gains in technology and financial stocks.
(RTTNews) - The Japanese market is trading sharply higher on Friday, reversing the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 56,700 level, with gains in technology and financial stocks.
Cisco Systems (NasdaqGS:CSCO) has joined Project Glasswing alongside Anthropic, Amazon, and other major tech companies. The collaboration uses advanced AI models, including early access to Anthropic's Claude Mythos Preview, to detect and address software vulnerabilities. Project Glasswing has already surfaced numerous security flaws that had not been identified through existing tools. Cisco System...
Cisco Systems (NasdaqGS:CSCO) has joined Project Glasswing alongside Anthropic, Amazon, and other major tech companies. The collaboration uses advanced AI models, including early access to Anthropic's Claude Mythos Preview, to detect and address software vulnerabilities. Project Glasswing has already surfaced numerous security flaws that had not been identified through existing tools. Cisco Systems, best known for its networking, security, and collaboration products, is increasingly tying...
Indiana Suspends Gas Sales Tax Amid US–Iran War Authored by Zachary Stieber via The Epoch Times (emphasis ours), Indiana has suspended its gas sales tax for 30 days as prices keep rising amid the United States’ war with Iran. Indiana Gov. Mike Braun (C) speaks during a press conference in Gary, Ind., on Oct. 30, 2025. Jamie Kelter Davis/Getty Images Gov. Mike Braun announced the suspension on Apri...
Indiana Suspends Gas Sales Tax Amid US–Iran War Authored by Zachary Stieber via The Epoch Times (emphasis ours), Indiana has suspended its gas sales tax for 30 days as prices keep rising amid the United States’ war with Iran. Indiana Gov. Mike Braun (C) speaks during a press conference in Gary, Ind., on Oct. 30, 2025. Jamie Kelter Davis/Getty Images Gov. Mike Braun announced the suspension on April 8. “ I am declaring a gas tax holiday to give Hoosiers relief from the pain at the pump from high gas prices ,” Braun said in a statement. “Affordability is my top priority.” Indiana’s state gas sales tax, also known as its gasoline use tax, is 7 percent. A separate excise tax of $0.36 cents a gallon is not affected by the suspension. The 30-day reprieve could be extended, Braun’s office said. Indiana officials are going to be “patrolling the pumps” to make sure that savings from the gas tax suspension go to Indiana residents, rather than retailers. Braun also said the Indiana attorney general should enforce regulations prohibiting retailer price gouging. “With the suspension of Indiana’s gas tax for the next 30 days, my office will closely monitor fuel prices to guard against any potential price gouging,” Indiana Attorney General Todd Rokita said in a statement. The United States attacked Iran in February, sending the price of oil soaring. On April 7, Iran and the United States agreed to a two-week cease-fire. Oil prices dropped below $100 a barrel in the wake of the cease-fire agreement. The average price per gallon in Indiana on Wednesday was $4.13, slightly lower than the $4.16 nationwide, according to the American Automobile Association. The average in Indiana a week ago was $3.96, and the average a month ago was $3.46. “Many Americans have been concerned to see the recent rise in gasoline prices here at home,” President Donald Trump said in a speech on April 1. “This short-term increase has been entirely the result of the Iranian regime launching deranged terror att...