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January 14, 2025

Japanese bond yields soar as investor demand falters
TOKYO — Yields on long-term Japanese sovereign bonds are soaring as demand for such debt falters, with many market experts saying the situation is unlikely to change anytime soon amid mounting investor worries over the health of Asia’s No. 2 economy and fallout from U.S. trade tariffs. This weakening appetite was on display at an auction of 20-year Japanese…
California man charged after authorities say he lured and beat cats to death
A Southern California man was charged with felony animal cruelty after allegedly using food to lure and kill multiple cats over a period of months. Alejandro Oliveros Acosta, 46, of Santa Ana, is scheduled to be arraigned Wednesday on charges that also include theft of a companion animal, a Bengal lynx he allegedly lured and…
Nvidia CEO says US export controls on AI chips are a ‘failure’
TAIPEI — Nvidia CEO Jensen Huang says U.S. export controls on AI chips to China are a “failure,” as they have only motivated the country to develop its own solutions and allowed Chinese players to secure a bigger share of their massive home market. The head of the American chip giant told reporters in Taipei…
Justice Department investigating Andrew Cuomo over congressional testimony
WASHINGTON — The Justice Department is conducting a criminal investigation into former Gov. Andrew Cuomo, a leading contender in the New York City mayoral race, over his testimony to Congress last year, according to a person familiar with the matter. House Republicans had requested a federal investigation into Cuomo, a Democrat, arguing he lied to…
Malaysian PM Anwar’s daughter faces off with minister for key party post
KUALA LUMPUR — A core party in Malaysia’s ruling coalition will hold internal elections this weekend for its executive roles, with a bid by Prime Minister Anwar Ibrahim’s eldest daughter for its deputy presidency raising stakes for the party’s leadership race — and potentially the country’s future politics. The People’s Justice Party, locally known as…
Democratic challenger defeats Pittsburgh mayor in a prim, after a clash over the party’s future
Allegheny County Controller Corey O’Connor defeated Pittsburgh Mayor Ed Gainey in the city’s hotly contested Democratic mayoral prim, The Associated Press projected Tuesday, after a race which garnered national attention as a notable proxy fight between progressives and center-left Democrats. With more than 85% of the vote in, O’Connor led Gainey 54%-46% in the nominating…
CATL ups amount raised to $5.3bn Hong Kong debut on world’s top offering this year
SHANGHAI/HONG KONG — Shares of Contempor Amperex Technology, better known as CATL, rose in their trading debut on the Hong Kong Exchange on Tuesday, after the Chinese electric vehicle battery maker raised a total of 41 billion Hong Kong dollars ($5.3 billion), after the over-allotment option was fully exercised following the rally. In a filing…
Trump’s pick for New Jersey governor pledges support as he seeks to lock up the prim
Republican Jack Ciattarelli is leaning on his endorsement from President Donald Trump to win next month’s GOP prim for governor in New Jersey, pledging support for the president and saying during a debate Tuesday that he would not challenge Trump’s executive orders in court. “I’m going to continue to work with the president. We spoke…
U.S. loudspeaker maker sounds the alarm on 'unnecess' trade war
U.S. loudspeaker maker sounds the alarm on 'unnecess' trade war