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In this article HTZ AAPL Follow your favorite stocks CREATE FREE ACCOUNT Traders on the floor of the NYSE, Jan. 18, 2023. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Momentum stalls out Wednesday was rough all around for stocks. The Dow had its worst day since mid-December, while the Nasdaq saw its seven-day winning streak snapped. Bank stocks weighed on markets, as did weak economic data: Holiday retail sales disappointed, and the producer price index, a measure of wholesale inflation, was softer than expected. On Thursday, investors will be listening to Fed speakers, including Vice Chair Lael Brainard, and parsing the latest wave of big earnings, including Procter and Gamble (before the bell) and Netflix (after the close). R...

A US military spokesperson said the Chinese jet came within 3m of the plane's wing, but 6m from its nose, which caused the US aircraft to take evasive manoeuvres. The United States has raised the issue with the Chinese government, a separate US official said. The Chinese embassy in Washington DC did not immediately respond to a request for comment. In the past, China has said that the United States sending ships and aircraft into the South China Sea is not good for peace. US military planes and ships routinely carry out surveillance operations and travel through the region. China claims vast swathes of the South China Sea that overlap with the exclusive economic zones of Vietnam, Malaysia, Brunei, Indonesia and the Philippines. Trillions of dollars in trade flow every year through th...

SINGAPORE: Singapore's non-oil domestic exports (NODX) fell for the third straight month in December due to weak global demand. NODX fell by 20.6 per cent year in December from a high base a year ago, following the 14.7 per cent decrease in November. According to data released by Enterprise Singapore (EnterpriseSG) on Tuesday (Jan 17), the drop was led by both electronics and non-electronics products. On a year-on-year basis, electronics contracted by 17.9 per cent in December, following the 20.2 per cent decline in the previous month. Integrated circuits, disk media products and personal computer parts decreased by 26.0 per cent, 36.5 per cent and 41.7 per cent respectively, contributing the most to the decline in electronics. Non-electronics declined by 21.3 per cent in December fro...

Andretti Global and General Motors announced on Thursday (Jan 5) plans to enter Formula One with a new all-American team using the Cadillac brand and employing at least one US driver. They said Andretti Cadillac, if accepted by Formula One and the FIA governing body, would be based in the United States with a support facility in Britain. Indiana-based Andretti Global is run by former McLaren F1 driver and 1991 CART champion Michael Andretti, son of 1978 Formula One world champion Mario. "The Andretti Cadillac team is planning to submit an expression of interest when the FIA opens the formal process," the statement said. "If selected, the team is seeking to compete as soon as practical with at least one American driver." Andretti Autosport's IndyCar driver Colton Herta would be a front...

The U.S. Supreme Court on Tuesday asked for the Biden administration's views on Apple Inc and Broadcom Inc's bid to revive their challenges to patents owned by the California Institute of Technology, in a dispute in which Caltech previously won $1.1 billion in damages from the companies. The justices asked for the U.S. solicitor general's input on a lower court decision that prevented Apple and Broadcom from arguing the patents were invalid at trial. Caltech had no comment on the Supreme Court's order. Representatives Apple and Broadcom did not immediately respond to requests for comment. Caltech, located in Pasadena, California, sued Cupertino-based Apple and San Jose-based Broadcom in 2016 in federal court in Los Angeles, alleging that millions of iPhones, iPads, Apple Watches and oth...

The modified Boeing 747 plane, named "Cosmic Girl", will take off from Spaceport Cornwall in southwest England. LONDON — The first orbital rocket launch in Western Europe is set to take place in the U.K. on Monday evening. The modified Boeing 747 plane, named "Cosmic Girl," will take off from Spaceport Cornwall in southwest England at 10.16 p.m. local time if conditions allow, but back-up launch dates have also been scheduled for later this month. At around 35,000 feet, the Virgin Orbit rocket will be deployed over the Atlantic, carrying nine small satellites into orbit in what is known as a horizontal launch. Launching in this way is more cost-efficient than the spectacle of vertical take-offs and shows that the U.K. can be nimbler in its space efforts than the U.S., currently the lea...

BERLIN : Julian Nagelsmann's injury-hit Bayern Munich will be put to the test in their Bundesliga restart against RB Leipzig on Friday as the leaders resume their hunt for a record-extending 11th straight league crown. The Bayern coach is without captain and goalkeeper Manuel Neuer, out with a broken leg, and defender Lucas Hernandez, who will also miss the rest of the season following his knee ligament injury during the World Cup. Fellow defender Noussair Mazraoui has also been ruled out for weeks after suffering from heart complications due to a COVID-19 infection. Forward Sadio Mane has just recovered from an injury that had ruled him out of the tournament in Qatar and is not fit for Saturday. The Bavarians, who face Paris St Germain in the Champions League next month, are in top sp...

KUALA LUMPUR: Malaysia's national football head coach Kim Pan-gon on Monday (Jan 2) called Singapore a team that "plays to defend", ahead of their 2022 ASEAN Football Federation (AFF) Mitsubishi Electric Cup group match decider on Tuesday. His counterpart Takayuki Nishigaya said however that the Lions - who only need a draw to qualify for the semifinals - will aim to play aggressively in their away tie at the Bukit Jalil Stadium in Kuala Lumpur. Singapore's tactical approach has not changed much since the last time the two teams met in an international friendly in March 2022, said Kim during a pre-match press conference. The game ended in a 2-1 win for Singapore's Lions at home, giving the South Korean his first defeat at the helm of Malaysia's national team. He said Singapore’s gamepl...

COX'S BAZAR, Bangladesh: An elite Bangladesh police unit is engaged in the rampant extortion, harassment and wrongful arrests of the Rohingya refugees it has been tasked with protecting, Human Rights Watch (HRW) said Tuesday (Jan 17). The Armed Police Battalion (APBn) operates in camps housing nearly one million members of the stateless minority, most of whom fled neighbouring Myanmar after a military crackdown that is now the subject of a UN genocide investigation. But refugees and humanitarian workers told the New York-based watchdog that safety had deteriorated after the unit took charge of camp security in 2020, with some Rohingya telling AFP abuses had become "a regular occurrence". "Abuses by police in the Cox's Bazar camps have left Rohingya refugees suffering at the hands of the...

Media, not the hotels themselves, often label hotels like Burj Al Arab as "six-star" or "seven-star" hotels. Waitforlight | Moment | Getty Images DUBAI, United Arab Emirates — Dubai is scrapping its 30% tax on alcohol sales for the rest of the year, the emirate's municipality announced Monday, the latest move in a series of liberalizing policy changes over the last few years aimed at boosting tourism and attracting more foreign residents. "Dubai Municipality has temporarily stopped collecting the 30% fee from alcoholic beverage companies for a period of one year from the beginning of 01/01/2023 to the end of 12/31/2023. The companies authorized to sell in the Emirate of Dubai have been notified of this decision," the Dubai Municipality wrote in a post from its official Twitter account. Th...