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  • The Canadian Press

    5 dead and over 100 hospitalized from recalled Japanese health supplements

    TOKYO (AP) — In the week since a line of Japanese health supplements began being recalled, five people have died and more than 100 people were hospitalized as of Friday. Osaka-based Kobayashi Pharmaceutical Co. came under fire for not going public quickly with problems known internally as early as January. The first public announcement came March 22. Company officials said 114 people were being treated in hospitals after taking products, including Benikoji Choleste Help meant to lower cholestero

  • Bloomberg

    Japan FX Chief Calls Yen’s Slump Unusual, Vows to Act if Needed

    (Bloomberg) -- Japan’s top currency official said recent yen weakness is odd and out of line with current economic fundamentals, reaffirming his commitment to act if needed to prevent excessive swings in the exchange rate.Most Read from BloombergTesla’s $25,000 Car Means Tossing Out the 100-Year-Old Assembly LineBankman-Fried Is Sentenced to 25 Years in Prison Over FTX CollapseApple Plans New iPad Pro for May as Production Ramps Up OverseasUBS Banker’s Frustration Exposes Cracks in World of Clim

  • Reuters

    HSBC completes sale of Canadian unit to RBC

    The transaction will result in the recognition of an estimated gain of $4.9 billion in the first quarter of 2024, HSBC said in a statement on Friday. RBC previously said the acquisition, which merges Canada's biggest and seventh-biggest lenders, will boost its domestic business as well as its position on the global stage. HSBC Canada's branches and offices will open for business on Monday, April 1 as RBC locations, RBC said in a separate statement.

  • The Canadian Press

    Stock market today: Asian shares are mostly higher after another set of Wall St records

    BANGKOK (AP) — Asian shares were mostly higher Friday in quiet holiday trading, with markets closed in Hong Kong, Sydney, Singapore and India, among other places. Many financial markets are closed on Friday for Good Friday. In India, markets were closed for the Holi holiday. Tokyo's Nikkei 225 rose 0.4% to 40,316.56 and the Kospi in Seoul edged 0.1% higher, to 2,748.55. The Shanghai Composite index gained 0.5% to 3,025.56. Taiwan's Taiex advanced 0.4%. In Bangkok, the SET added 0.3%. On Thursday

  • Bloomberg

    Spreads for US Junk, Financial Bonds Portend Improved Outlook

    (Bloomberg) -- Two of the fixed income securities that best portend economic strains — US junk bonds and the financial sector’s high-grade bonds — are rallying as the economy hums along. The trend may continue as fears of a recession subside. Most Read from BloombergTesla’s $25,000 Car Means Tossing Out the 100-Year-Old Assembly LineBankman-Fried Is Sentenced to 25 Years in Prison Over FTX CollapseApple Plans New iPad Pro for May as Production Ramps Up OverseasUBS Banker’s Frustration Exposes Cr

  • The Canadian Press

    Cranes arriving to start removing wreckage from deadly Baltimore bridge collapse

    BALTIMORE (AP) — The largest crane on the Eastern Seaboard was being transported to Baltimore so crews on Friday can begin removing the wreckage of a collapsed highway bridge that has halted a search for four workers still missing days after the disaster and blocked the city's vital port from operating. Maryland Gov. Wes Moore said the crane, which was arriving by barge and can lift up to 1,000 tons, will be one of at least two used to clear the channel of the twisted metal and concrete remains

  • The Canadian Press

    What to stream this weekend: Beyoncé, Steve Martin, J-Hope, Mike Birbiglia, Bill Nighy and 'Madu'

    Beyoncé's country album and a documentary about a Nigerian boy who dreams of being a professional ballet dancer are some of the new television, movies, music and games headed to a device near you. Also among the streaming offerings worth your time as selected by The Associated Press’ entertainment journalists: Bill Nighy plays an English soccer manager taking a team to the Homeless World Cup in “The Beautiful Game,” a two-part documentary about comedy master Steve Martin and Netflix offers “Test

  • The Canadian Press

    Migrant workers who helped build modern China have scant or no pensions, and can't retire

    BEIJING (AP) — At 53, Guan Junling is too old to get hired at factories anymore. But for migrant workers like her, not working is not an option. For decades, they have come from farming villages to find work in the cities. Toiling in sweatshops and building apartment complexes they could never afford to live in, they played a vital role in China's transformation into an economic powerhouse. As they grow older, the first generation of migrant workers is struggling to find jobs in a slowing econom

  • The Canadian Press

    Sports betting won't be legal in Georgia after lawmakers couldn't agree on how to spend taxes

    ATLANTA (AP) — An effort to authorize sports betting in Georgia has failed for another year, after lawmakers couldn't agree on how to spend money collected on taxes. Neither a proposed state constitutional amendment or authorizing legislation ever came to a vote in the House, after a committee passed it out early on Thursday, the last day of the 2024 legislative session. A top Democrat said his party wanted to see changes in how state taxes on sports betting would be spent. Without Democratic vo

  • Reuters

    Japan brought forward emergency yen meeting to maximise market impact, source says

    TOKYO (Reuters) -Japanese monetary authorities made a last-minute decision to bring forward to Wednesday an emergency meeting on the weak yen that was originally scheduled for Thursday, to maximise the impact of arresting sharp yen falls, a source with knowledge of the matter told Reuters. The meeting, consisting of executives from the Ministry of Finance (MOF), Bank of Japan and Financial Services Agency, is typically held in times of market turbulence partly as a gesture of authorities' alarm of unwelcome, sharp currency moves. As the meeting is considered as a sign Tokyo is moving a step closer to intervening in the currency market, traders were on the lookout for any signs it could be held again as the yen slid toward three-decade lows against the dollar.