Journalist Calliste Weitenberg created a fake Instagram persona to see if she could cash in on the $15 billion industry. Source: SBS
Journalist Calliste Weitenberg created a fake Instagram persona to see if she could cash in on the $15 billion industry. Source: SBS
WARNING: GRAPHIC CONTENT: Safety regulators have released horrifying footage of a child getting stuck under a treadmill, while urging consumers to cease using them.
Japanese stocks edged higher on Monday as some investors hoped to benefit from an expected increase in semiconductor production, but worries about rising coronavirus infections capped gains. The Nikkei 225 Index rose 0.16% to 29,731.15 by 0201 GMT, while the broader Topix rose 0.04% to 1,961.58. Japan and the United States agreed last week to cooperate on investment in semiconductor supply chains in response to a global shortage of chips, which is seen as a positive for Japanese chemical and industrial companies, analysts said.
After an extended spell away from the NRL, Corey Oates couldn't help but show his relief at playing his first match for Brisbane in 2021 against Penrith.The towering Oates has been riddled with injuries in the past 12 months and struggled to find a place in the forward pack, having trained on the edge during the preseason.
(Bloomberg) -- Justin Trudeau is set to unveil a vision for Canada’s post-pandemic recovery that will double as an election platform, heavy on new spending and assurances the mounting debt is affordable.The April 19 budget, the prime minister’s first full fiscal plan since before Covid-19 hit, is an opportunity to lay out longer-term aspirations he’ll be able to campaign on in a national vote that could see him regain his parliamentary majority.Trudeau’s government has signaled as much as C$100 billion ($80 billion) in additional money over the next three years for initiatives from childcare to green energy. Expectations are being set so high that an even more ambitious plan can’t be ruled out. Finance Minister Chrystia Freeland has described the budget as “among the most significant of our lifetime.”To help business while the pandemic still rages, the government will extend wage and rent subsidies until September and implement a new program to temporarily subsidize new hiring, at C$1,100 per month for every new employee, according to a person familiar with the budget’s contents who requested anonymity before its release.The budget will contain more than C$2 billion for childcare, the person said, and impose new taxes on digital services, which the government has previously promised.‘Full of Firsts’It’s landing at a tense moment. The economy is healing faster than expected, but a recent surge in virus cases is forcing Canada’s largest province, Ontario, to impose the most stringent restrictions on movement yet. Delivery delays have plagued the nationwide vaccine effort.“Monday’s budget is full of firsts -- the first federal budget in more than two years, the first federal budget for Chrystia Freeland, and the first federal budget for a female finance minister,” said Elliot Hughes, a former adviser to Freeland’s predecessor who now works at Ottawa-based consultancy Summa Strategies.“And if that didn’t help raise the stakes, it comes as Canada is in the midst of the third and deadliest wave of the Covid-19 pandemic,” Hughes said by email.The documents will be released around 4 p.m., when Freeland is scheduled to start giving her budget speech to Parliament.The new spending will be on top of record levels of debt the nation is already taking on.Canada will likely report a budget deficit of C$363 billion, or 17% of gross domestic product, in the fiscal year that ended March 31, according to the federal spending watchdog. Another C$150 billion budget gap is projected this year, according to the average forecast from a Bloomberg survey of economists.By the time all the money is out the door, Trudeau will probably have accumulated more debt than all 22 prime ministers who preceded him combined. But he’s still betting Canadians are in the mood to think big.Freeland, and others in government, constantly discuss vulnerabilities exposed by the pandemic. Recently, she said Covid-19 has opened up a “window of political opportunity” to tackle childcare.The Globe and Mail newspaper reported Sunday night that funding is destined for provinces under a C$10-a-day daycare model -- part of additional spending that will hit C$100 billion. The paper, citing unnamed sources, said there will also be small business funding for e-commerce and a venture capital fund to support hard-hit sectors from the pandemic, as well as funding or tax credits for housing and renovations.The Canadian Broadcasting Corp., citing unnamed an senior government official, said the deficit for the fiscal year that just ended would not surpass C$400 billion. The extension of the Covid-19 income supports was first reported by the Toronto Star, and the tax on digital services by Reuters, which also said the government would impose a levy on luxury items like cars worth more than C$100,000, private planes and yachts.With Canada’s economy faring far better than anyone expected, there will be pushback against the deficit spending -- with the main opposition Conservatives warning against an “avalanche” of red ink.Despite the pandemic’s toll, the economy is poised to fully recoup last year’s losses as early as this year. That means the government’s narrative for the additional spending will need to go beyond kickstarting the expansion. Cabinet ministers have already begun to draw comparisons between their efforts and President Joe Biden’s infrastructure plan, which aims to bolster long-term U.S. growth.But politics may be the biggest reason ambitions are elevated. Trudeau’s Liberals kept power but lost their parliamentary majority in 2019. Polls suggest they have a strong chance to win it back, which is why an election is expected soon.There’s a risk, however, that voters punish Trudeau if he’s seen as being reckless. Deficits matter in Canada, with a collective aversion to debt that was cemented in the mid-1990s amid rating downgrades, a falling currency and a national unity crisis.Soaring spending forced the government to abandon its last budget rule at the start of the crisis. But Trudeau has formally instructed the finance minister to re-establish a “fiscal anchor” and avoid creating any new permanent spending.Revenue BoostOne benefit from the stronger-than-expected recovery is an improving picture for tax revenue. Nominal output is now on track to be about C$100 billion more this year than projected in the government’s last fiscal update in November, which means about C$15 billion more in annual revenue than forecast at the time. That windfall gives Freeland some cushion to spend.Some are warning Canada needs to start considering new taxes to bring the budget back closer to balance. The C.D. Howe Institute, an influential think tank, is recommending Trudeau increase the national sales tax.The prime minister has raised taxes incrementally during his five years in power. Early on, he increased the marginal income tax rate for top earners. In November, Freeland unveiled plans for new levies on global tech giants. The government has said it’s considering a tax on foreigners who buy homes in Canada but leave them empty.Beyond that, taxation may be a non-starter, for now. Trudeau has longed pledged not to boost taxes on middle-class Canadians, choosing instead to rely on debt to finance his ambitious agenda.(Updates with details on budget contents beginning in 4th paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Sam Burgess' ex-wife says there are days where she wants to "give up and fall apart" after the acrimonious split.
Married At First Sight star Bryce Ruthven has slammed the show for his edit, saying it's "stuffed my career up".
Official gun salutes in London to mark the occasion this week have been cancelled, as well as June's Trooping the Colour event.
Pregnant women in South Australia will be screened for omega-3 levels in a bid to reduce the number of premature births.SA Pathology Clinical Service Director Tom Dodd says the service will be offered to women as part of existing antenatal testing used to detect a range of foetal anomalies such as neural tube defects and Down Syndrome.
Hong Kong will suspend flights from India, Pakistan and the Philippines for two weeks after the N501Y mutant COVID-19 strain was detected in the Asian financial hub for the first time.The three countries would be classified as "extremely high risk" from Tuesday after there had been multiple imported cases carrying the strain into Hong Kong in the past 14 days, the government said on Sunday.
Qamar Zaman, CEO of KISS PR Legal Brand Story, leads a group of legal professionals in explaining the implications of COVID.Dallas, TX , April 18, 2021 (GLOBE NEWSWIRE) -- When the COVID-19 pandemic was declared in March, it impacted millions of businesses across the world that needed to pivot with lightning speed. 1. Qamar Zaman - CEO of KISS PR After seeing this, Qamar Zaman, founder of Kiss PR Brand Story, turned his paid storytelling platform into a free public relations service by offering assistance all over the globe. Forbes India announced that Zaman had created a “blue ocean” by using his storytelling platform. Zaman is well known for his work with some of the top attorneys and leaders in the U.S. legal industry. Recently, he interviewed Rene Perras, a lawyer-marketing expert who found his own purpose in helping attorneys manage their costly litigation support services, such as e-discovery and managed document review. Armed with decades of knowledge from working with some of the nation’s leading trial lawyers, Perras understood the challenge and burden of being a plaintiff attorney and was able to utilize innovative and creative financing solutions to overcome the costly burden of these litigation services. During the interview, Perras discussed how the COVID-19 pandemic has affected his niche in the legal industry. After hearing Perras’ take on the issue, Zaman was inspired to assemble a panel of leading experts from various disciplines in the legal industry who are authorities in their own right. Zaman then interviewed them about the COVID-19 crisis’s effects on their individual areas of specialization. Below are five legal professionals, Perras included, who were interviewed by Zaman. In these interviews, they examine how the pandemic impacted — and continues to impact — their respective legal professions and expert advisories. 2. Joshua Horton, Florida civil justice attorney and former director of public policy at Hanley Foundation Attorney Joshua S. Horton. “The combination of COVID-19 and opioids are a deadly cocktail. Federal data states the pandemic shows increased suicide and overdose rates. Depression and isolation (is) exacerbated by the opioid epidemic, making vulnerable individuals predisposed to addiction and to being pushed over the edge. The health care industry is ill-equipped for this exponential growth of overdoses, which sometimes results in wrongful death in hospitals, treatment centers and sober homes. The civil justice system may be the only recourse for families dealing with this devastation.” 3. Trevor Goring, Canadian portrait painter and founder of The Trial Lawyer National Portrait Gallery Trevor Goring has worked closely with the trial lawyer community in Europe and North America for almost 30 years: “As a Canadian portrait painter painting in America, I created an international niche market, painting portraits of men and women, renowned criminal defense lawyers, consumer justice attorneys, alongside a wide-ranging collection of ‘Images of Justice,’ portraying famous trials, great jurists, icons and symbols of the law from earliest times. I founded The Trial Lawyer National Portrait Gallery, where all these images currently reside. The pandemic abruptly terminated monthly travels to attorney conventions throughout North America, forcing this commissioned portrait painter to network more creatively. COVID-19 pushed me to adapt and paint even more. From my studio via videoconferencing, I have morphed into a virtual portrait artist.” 4. Donald Slavik, professional engineer and national consumer justice attorney and advocate Attorney Donald Slavik handles complex technology litigation: “Advanced driver assistance systems, along with the implementation of artificial intelligence, has been at the forefront of many debates on occupant safety with new electric vehicles and driverless cars. The pandemic has not derailed the launch of EVs by car manufacturers, but some of the same parallels exist between developing a safe and reliable COVID-19 vaccine and safe EVs. Having investigated many tragic cases where the need to be first put profits before people reveals these tragedies could have been prevented if not for a poor and rushed vehicle design, avoiding a catastrophic injury or American losing their life.” 5. Rene Perras, data hosting and electronically stored information/e-discovery adviser Rene Perras is digital pr expert and managed document review consultant for law firms: “The preservation of evidence for discovery has always been contentious at best. With data growing exponentially, electronically stored information, or e-discovery, is the battlefield where litigation is being waged. COVID-19 has rewritten the rules of engagement by shutting down all new projects as civil courts struggle to get back some normalcy they had prior to the pandemic. Existing projects are waiting to spring into active mode, but the uncertainty of the litigation cycle continues to increase the technological and financial burden. We can assess, free of charge, your ongoing monthly data-hosting commitment, which can quickly whittle away your profit outlook.” 6. Brian Spira, litigation financing adviser Brian Spira is a managing member of the Oxbridge Financial Group: “For nearly 25 years, I have developed and managed litigation finance products and portfolios for plaintiffs, law firms and defendants. Recently, I have partnered with e-discovery/doc review companies to develop vendor finance programs. Today, vendors are aligning with attorneys and their clients, as well as corporations, by providing cash-deferred or ‘pay only if your case succeeds’ options. COVID-19 originally brought the court system to a standstill with dockets backed up, thereby elongating litigation life cycles considerably. In the last couple of months, this realization has rendered vendor finance alignment more critical, popular and timely than ever.” About KISS PR Brand Story Kiss PR Legal Brand Story is an invitation-only, platform for professionals with a successful track record in the area of developing digital, legal and professional authority. Media Contact: Agnes Zang Az@kisspr.com https://www.linkedin.com/company/kisspr-com/
Jurors will deliberate following the conclusion of closing arguments on Monday.
Filipino-Chinese businessman Lucio Tan has been hospitalized for COVID-19, his daughter Vivienne Tan announced in a social media post yesterday. “My dad was admitted to the hospital after he tested positive for Covid-19. He is in stable condition, responding well, and recovering,” Vivienne said of her 86-year-old father, one of the richest men in the ... This article, Philippine Airlines owner Lucio Tan hospitalized for COVID-19, originally appeared on Coconuts, Asia's leading alternative media company.
* Stocks at record highs sap demand for safest assets * Bitcoin trades near $57,000 after weekend plunge * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By Kevin Buckland TOKYO, April 19 (Reuters) - The dollar was pinned near a one-month low to major peers on Monday, with Treasury yields hovering near the lowest in five weeks, after the U.S. Federal Reserve reiterated its view that any spike in inflation was likely to be temporary. The safe-haven greenback was also held down by improved risk sentiment amid a rally in global stocks to record highs. The dollar index, which tracks the currency against six rivals, was at 91.684, not far from the low of 91.484 marked last week, a level not seen since March 18.
Former world surfing champion Adriano de Souza has been knocked out of the Narrabeen Classic in Sydney after losing to American Griffin Colapinto in the round of 32.De Souza, the 2015 WSL title winner, posted a two-wave score of 11.
Is the stock market at risk of crashing? Here’s what we’re watching.
Tom Trbojevic's impact on Manly is statistically greater than what Andrew Johns and Johnathan Thurston had on Newcastle and North Queensland respectively, with the Sea Eagles 16 points better off in recent years when he's playing.Trbojevic's value was on show again on Saturday, as his try and two assists propelled the previously struggling Sea Eagles to a 36-0 flogging of Gold Coast.
Renesas today announced it has joined RBA, supporting the rights of workers and to ensure that its manufacturing processes are responsible.
Hywin: from China to the World Hywin Wealth CEO Madame Wang Dian rings a gong at a ceremony in Shanghai to celebrate the company’s NASDAQ listing, March 26, 2021. Hywin Wealth CEO Madame Wang Dian rings a gong at a ceremony in Shanghai to celebrate the company’s NASDAQ listing, March 26, 2021 SHANGHAI, China, April 19, 2021 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin Wealth” or the “Company”, NASDAQ: HYW), a leading independent wealth manager in China, today announced that it was voted “Best Wealth Manager of Greater China 2021” at the WealthBriefingAsia Greater China Awards 2021. In addition, Hywin Wealth’s CEO Madame Wang Dian won the award of “Best CEO in Greater China Wealth Management 2021.” This year’s awards reflect the Company’s continued growth and outsized impact on the wealth management industry in Greater China, as well as Madame Wang’s leadership achievements. The recipient of the “Best Wealth Manager of Greater China” is selected by a panel of judges to recognize a company that demonstrates strategic vision, high quality growth, unwavering commitment to excellence, and dedication to creating shareholder value. The award of “Best CEO in Greater China Wealth Management” honors a top executive that demonstrates outstanding leadership in the industry and champions impactful social causes. “It’s an honor to be selected by WealthBriefingAsia this year, and we’re pleased that our efforts continue to be recognized by our industry peers,” Madame Wang said. “Our recent IPO marked the start of a new era for the company, and we hope to capitalize on growing demand for independent wealth management services in Greater China, which is the second-largest wealth market in the world.” Madame Wang recently led the Company to a successful public listing on the NASDAQ stock exchange, which took place on March 26, 2021. Hywin Wealth plans to use the proceeds to further invest in its wealth management and asset management businesses, as well as further its strategy of using technology to improve intelligence and efficiency within its operations. Madame Wang has also shepherded Hywin Wealth through major international expansion efforts, which began in 2014 and recently reached a milestone with the inking of a major partnership with Liechtenstein-based VP Bank AG. These efforts have been designed to provide the Company’s Chinese HNWI clients with more sophisticated offshore products and services. Hywin Wealth operates its international business through a large presence in Hong Kong SAR, and plans to expand in major financial centers such as New York, London, and Singapore going forward. At last year’s WealthBriefingAsia Greater China Awards, Hywin Wealth won the prize for “Best Wealth Manager of Greater China Families,” which reflected the Company’s expertise in serving UHNW families across their lifecycles. Additionally, last year Madame Wang Dian won the award of “Woman of the Year in Greater China Wealth Management,” which not only recognized her as a shining star in the industry, but also pointed to her tireless championship of female entrepreneurship and women’s progress in the professional world. About Hywin Holdings Ltd. Hywin Holdings Ltd. (NASDAQ: HYW) is a leading independent wealth management service provider in China, with a 7.5% market share in terms of 2019 transaction value, according to CIC. Our primary services are wealth management, insurance brokerage, and asset management. Wealth management is currently our largest business segment, in which our onshore and offshore solution platform serves clients across generations. For more information, please visit https://ir.hywinwealth.com/ Safe Harbor Statement This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “anticipate,” “estimate,” “plan,” “project,” “potential,” “continue,” “ongoing,” “expect,” “aim,” “believe,” “intend,” “may,” “should,” “will,” “is/are likely to,” “could” and similar statements. Statements that are not historical facts, including statements about the Company's beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For Media Inquiries Please Contact: Media contact: ICR, Inc.Ker ZhengPhone: +86 139-2280-3249Email: HywinPR@icrinc.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fcef3a13-bf6d-4cbd-a547-1527d8dcc044
(Bloomberg) -- Asian shares fluctuated and U.S. futures were a touch weaker Monday after stocks notched another week of record highs, with investors weighing the recovery in global growth and corporate earnings against the latest appalling tallies of Covid-19 infections.Benchmarks swung from red to green in Japan, Hong Kong and China. U.S. futures pared early losses, following a fourth straight weekly gain for the S&P 500 Index. Treasury yields slipped further below recent peaks. Crude oil fell and the dollar rallied from a week of losses. New Covid-19 cases in the past week surpassed 5.2 million, the most since the pandemic began.Bitcoin tumbled the most since February over the weekend, after reaching a record last week as crypto exchange Coinbase Global Inc. went public. The yen gained and euro underperformed in early Asia trade. Asian credit markets rallied, led by a rebound in China Huarong Asset Management Co. bonds. China’s financial regulator said the bad-debt manager had ample liquidity, in the first official comments since the company missed a deadline to report earnings.Robust data from China and the U.S. have buoyed investor sentiment, pushing the MSCI All-Country World Index to another record despite concerns surrounding the spread of Covid-19 variants. The risk of another destabilizing increase in borrowing costs has also subsided, as bond yields have pulled back from recent highs. This week traders will look for further confirmation of the private sector’s recovery from the pandemic as the earnings season gathers pace.“If we see vaccinations not working with new mutations, or if we see interest rates start creeping up again, these will all create tension again in the market,” Eva Ados, ERShares chief investment strategist, said on Bloomberg TV.The European Central Bank decision later in the week will also draw attention. The ECB is likely to keep policy unchanged, and to sound cautiously optimistic on the economy and stabilization in borrowing rates. It’s probably too soon for further details about the plans for the asset purchase program beyond the second quarter.Meanwhile, traders are also monitoring growing tensions between the U.S. and Russia over jailed opposition leader Alexey Navalny.Here are some key events to watch this week:Apple’s first product unveiling of the year on Tuesday.Reserve Bank of Australia releases minutes of its policy meeting on Tuesday.EIA crude oil inventory report on Wednesday.European Central Bank rate decision and President Christine Lagarde briefing on Thursday.U.S. releases manufacturing and services purchasing managers indexes Friday.These are some of the main moves in financial markets:StocksS&P 500 futures fell 0.3% as of 10:30 a.m. in Tokyo. The S&P 500 Index climbed 0.4%.Topix index fell 0.3%.Australia’s S&P/ASX 200 Index rose 0.3%.Hang Seng Index fell 0.5%.Shanghai Composite Index fell 0.2%Kospi index rose 0.2%.CurrenciesThe yen was at 108.70 per dollar, up 0.1%.The Bloomberg Dollar Spot Index rose 0.2%.The euro traded at $1.1948, down 0.3%.The offshore yuan was at 6.5341 per dollar, down 0.1%.BondsThe yield on 10-year Treasuries fell two basis points to 1.56%.The yield on Australia’s 10-year bond was steady at 1.73%.CommoditiesWest Texas Intermediate crude lost 0.7% to $62.71 a barrel.Gold was at $1,773.46 an ounce, declining 0.1%.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
New home sales were nearly 40 per cent higher in the first three months of the year than during the same period last year.The Housing Industry Association's new home sales report found sales in the March quarter increased across all of the nation's five largest states.