Japan rebounds Asia jumps on US data as trade talks begin

first_imgSINGAPORE — Asian markets were broadly higher on Monday after strong U.S. jobs data lifted indexes on Wall Street. All eyes are on trade talks in Beijing, where American and Chinese officials are trying to resolve a trade dispute that threatens to worsen an economic slowdown and put a drag on the global economy.KEEPING SCORE: Japan’s benchmark, bouncing back from steep losses last week, started the day trading over 3 per cent higher. The Nikkei 225 index gained 2.4 per cent to 20,038.97, while South Korea’s Kospi gained 1.4 per cent to 2,037.49. Australia’s S&P-ASX 200 added 1.1 per cent to 5,683.20. Hong Kong’s Hang Seng climbed 0.7 per cent to 25,814.40 and the Shanghai Composite index gained 0.6 per cent to 2,529.21. Shares rallied in Taiwan and throughout Southeast Asia.WALL STREET: U.S. indexes soared on Friday after the Labor Department announced that employers added a better-than-expected 312,000 jobs in December. While the unemployment rate rose slightly, it was taken as a good sign that more people were looking for jobs. Gains were also supported by Federal Reserve Chairman Jerome Powell saying that the central bank will be flexible in deciding if and when it raises interest rates. The broad S&P 500 index advanced 3.4 per cent to 2,531.94. The Dow Jones Industrial Average rose 3.3 per cent to 23,433.16 and the Nasdaq composite was up 4.3 per cent at 6,738.86. The Russell 2000 index of smaller company stocks surged 3.8 per cent to 1,380.75. Around 90 per cent of the stocks on the New York Stock Exchange closed higher.U.S.-CHINA TALKS: A U.S. delegation, led by Deputy U.S. Trade Representative Jeffrey Gerrish sat down for two days of talks with Chinese officials starting Monday. The Commerce Ministry did not give further details on who was leading Chinese negotiators or on the meeting’s agenda. No agreement was expected, but any progress on ending a dispute that has resulted in both sides imposing tariffs on billions of dollars’ of each other’s exports would be welcomed. Over the weekend, President Donald Trump told reporters at the White House that negotiations were going “very well” and investors are keen to see what comes next. Last month, Trump and Chinese leader Xi Jinping agreed to hold off on further tariffs for 90 days, to resolve a range of issues stemming from Beijing’s technology policy.ANALYST’S TAKE: “The potential of movement on China-U.S. trade means a moderation of extreme bearishness around the outlook for global growth,” Michael McCarthy, chief market strategist at CMC Markets in Sydney, said in an interview. “Stronger U.S. jobs and wage data on Friday night are key fundamental contributors to the rally,” he added.ENERGY: U.S. crude oil added 74 cents to $48.70 per barrel in electronic trading on the New York Mercantile Exchange. The contract added 1.8 per cent to $47.96 a barrel on Friday. Brent crude, used to price international oils, rose 75 cents to $57.81 per barrel. It gained 2 per cent to $57.06 per barrel in London.CURRENCIES: The dollar weakened to 108.22 yen from 108.52 yen late Friday. The euro rose to $1.1427 from $1.1362.Annabelle Liang, The Associated Presslast_img read more

Premier Horgan to release Caribou Recovery Programs SocioEconomic Impact Report Thursday

first_imgFORT ST. JOHN, B.C. – On Thursday morning, after three weeks since its submission, Premier John Horgan will be releasing the findings from the Caribou Recovery Program’s Socio-Economic Impact Report.The report, prepared and submitted by Blaire Lekstrom, looks at the socio-economic impact that the Caribou Recovery Program could have on communities within the Peace River Regional District.While Lekstrom cannot comment on the content within the report, before the Premier’s official release, he does say that people were sharing their views respectfully during the meetings for this report. “People were tremendous, they brought their views forward, everybody was respectful, and moving ahead, I think that people share the same concerns.”Lekstrom submitted his report on May 27, prior to the May 31 deadline.In April, Lekstrom was appointed as Community Liaison to meet with community members to discuss the draft partnership agreements on caribou recovery following the Government’s announcement to extend the deadline to May 31.last_img read more

Commentary Cleveland Cavaliers may benefit from lockout

There’s no arguing that the NBA lockout is a genuine disservice to the fans, and especially to the ordinary people who are out of work because of it. Good seldom comes from labor stoppages in any sport. The Cleveland Cavaliers and their fans may just be the rare beneficiaries. With every cancelled game comes one less guaranteed loss. Any impact the new Collective Bargaining Agreement potentially makes extends well beyond this year’s Cavaliers team. Dan Gilbert, like all the other wealthy owners who are trying to extort every last penny from the players, doesn’t have a dire need for money. Even though they are in a small market, the Wine and Gold did extremely well financially during the LeBron James era. Even without “the gutless one,” Forbes still ranked the Cavs as the 15th most valuable franchise in the NBA. The new CBA should ensure their financial stability as well. What remains to be seen are potentially the most exciting of possibilities: the likely changes to the salary cap system. A hard cap would restrict big market teams from spending gobs of money and create more parity, a word not generally associated with the NBA. Likewise, installing a harsher luxury tax would serve a similar purpose, even if team salaries above a certain threshold aren’t expressly prohibited. It would’ve been generous of the NBA and the National Basketball Players Association if they quit their posturing months ago, and had the same sort of urgency in their negotiating tactics throughout the entire process as they did in the last two weeks. Since we’ve reached the point where the NBA has already canceled games, it’s best for the Cavaliers if the owners continue their tough stance. Particularly when it comes to what they call “system issues,” making it easier for small-market teams to compete. Even in the old system, the small-market San Antonio Spurs have been among the NBA’s elite for years. They drafted well, made shrewd acquisitions otherwise, and, most importantly, kept Tim Duncan in town. Unfortunately, James wasn’t blessed with Duncan’s loyalty. If the owners get their way, the new CBA will make it easier for teams to keep their star players. It would come two years too late for the Cavs. Still, if they ever acquire a star player again, their chances of keeping him long-term will be higher. Their only hope is to build through the draft and then keep these players. No marquee free agent is looking to come to the place that “leads the nation in drifters.” Even when they had James, the “stud” free agent Gilbert recruited was Larry Hughes. That was his first step in sabotaging the team. The worst-case scenario would be the a cancellation of the entire 2011-12 NBA season. That’s almost the best-case scenario for the Cavs, who could be guaranteed another top-five pick. Generally, no fan of basketball wants to see an entire slate of games wiped out. In my world, though, I put the Cavaliers’ interests ahead of the rest of the NBA’s. The more missed games, the merrier read more

Wrestling No 6 Ohio State defeats No 7 Nebraska 2112 on senior

No. 1 Myles Martin of Ohio State scores a single leg takedown on Mason Manville of Penn State in the 184-pound bout of the Ohio State-Penn State dual. Martin won the bout by major decision, 18-6. Ohio State lost the dual against Penn State 28-9. Credit: Sal Marandino | For The LanternOhio State senior Myles Martin, the No. 1 wrestler in the country at 184 pounds, remained undefeated with a pivotal win to seal the team victory on senior day for the Buckeyes.The No. 6 Ohio State wrestling team (11-2, 7-2 Big Ten) defeated No. 7 Nebraska (11-5, 5-4 Big Ten) 21-12 on Sunday. In a highly anticipated match, Martin won by decision 12-5 against Nebraska fourth-ranked redshirt sophomore Taylor Venz.Ohio State head coach Tom Ryan was happy with the physicality the team showed against Nebraska.“The biggest [issue] with the [Buckeyes] is grittiness and toughness,” Ryan said. “Overall there was progress.”Ohio State finished the duel with six wins in 10 bouts against the Cornhuskers.Ohio State redshirt junior Kollin Moore, the No. 2 wrestler in the country at 197 pounds, won by sudden victory, improving his record to 15-1. The home crowd went into an uproar as Moore took down Nebraska 11th-ranked redshirt sophomore Eric Schultz, in overtime to win 7-5 giving the Buckeyes a 18-12 lead going into the final bout.Ohio State redshirt senior Micah Jordan, the No. 3 wrestler in the country at 149 pounds, won his last home match in big fashion. Jordan won by technical fall 22-7 over Nebraska redshirt junior Jordan Shearer. Moore said Jordan’s big-time victory was well deserved on senior night in front of a home crowd.“I love watching him wrestle. He just hits some really slick stuff and is always attacking,” Moore said. “To see him win and go out with a good dominant win like that was awesome.”Ohio State redshirt freshman Chase Singletary, the No. 18 wrestler in the country at heavyweight, pulled off the upset against Nebraska seventh-ranked redshirt junior David Jensen, as time expired in the third period to win 7-5.Singletary took contact to the face that resulted in blood time, but he said that gave him what he needed to pull off the upset.“I felt amped, when you are in a tough match and you feel blood it just gets me going a little bit,” Singletary said. “I don’t know why but it was fun.”Ohio State senior Joey McKenna, the No. 3 wrestler in the country at 141 pounds, won his final home match of his career. McKenna won by decision 7-3 over Nebraska redshirt sophomore Chad Red.After the Buckeyes fell to a 3-0 deficit, Ohio State junior Luke Pletcher, the No. 6 wrestler in the country at 133 pounds, put the Buckeyes on the board. Pletcher won by major decision 13-4 over Nebraska true freshman Jevon Parrish.Ohio State true freshman Malik Heinselman, lost by decision 8-5 to Nebraska redshirt sophomore Zeke Moisey, No. 14 wrestler in the country at 125 pounds.Despite Heinselman losing his match Ryan was very impressed with the true freshman.“I was really happy with [Heinselman] overall,” Ryan said. “He really out wrestled [Moisey] most of the match.”Ohio State senior Te’Shan Campbell, lost a hard-fought battle by decision 4-2 to Nebraska junior Isaiah White, No. 6 wrestler in the country at 165 pounds, improving his record to 15-5. Nebraska redshirt senior Tyler Berger, No. 2 wrestler in the country at 157 pounds, improved to 21-2 on the season. Berger won by decision 10-5 over Ohio State eighth-ranked redshirt junior Ke-Shawn Hayes.No. 6 Ohio State will take on No. 9 Cornell at 6:30 p.m. on Friday in Ithaca, New York. read more

Belgiums victory will motivate next generation

first_imgBelgium’s head coach Roberto Martinez has stated that his aim of winning third place play-off against England, isn’t only to get a good place in the 2018 FIFA world cup, but also to inspire their next generation of Belgium football players.“Belgium football is very strong and the concepts that we have is something we want to inspire in the next generation… You have to be very, very good at what you do in order to win, but for us the way you play is essential… We want to develop the younger players in the same manner that’s why it is essential for us to perform tomorrow in a typical Belgian way and make sure we do that at the high performance [level],” Martinez told journalists as quoted in Four Four Two.Jadon Sancho, Borussia DortmundCrouch: Liverpool could beat Man United to Jadon Sancho Andrew Smyth – September 14, 2019 Peter Crouch wouldn’t be surprised to see Jadon Sancho end up at Liverpool one day instead of his long-term pursuers Manchester United.The Belgium team in the semi-finals lost 1-0 to France on Tuesday leaving them to battle with England for third place of the FIFA 2018. This, however, isn’t their first meeting in this world cup, as they beat England 1-0 during the group stage.“This will be the same tactical game, there are no secrets between the sides, I think there is clarity of how England has been successful in this tournament. I think they are very dynamic, very quick, you can see the pace of players like [Raheem] Sterling, Harry Kane… This will be a challenge for us, we have to have concentration, be able to cope. But I don’t think this will be a surprise [comparing to] the group [stage],” the head coach said.last_img read more

Cassano clashes with Wanda on Live TV over Icardis wrangles

first_imgMauro Icardi needs to return to Inter’s dressing room and clarify things, according to Antonio Cassano to the wife of the player Wanda Nara on live TV.Wanda who is the agent of Icardi defended the player’s position after losing the captaincy two weeks ago, during Sunday’s transmission of Tiki Taka.“In football, there are so many injustices like this penalty, Perisic’s attitude and keeping Icardi at home, someone who gave everything to Inter but is now being painted like a monster, which he’s not,” she said as cited on Football Italia.“We all saw Perisic’s penalty sitting here, but his gesture didn’t give out tranquillity. It takes respect to be a captain and Mauro has it for everyone at Inter, their colours, and their jersey.Politano’s celebration looking like a mock of Icardi’s celebration🤔 Perisic trying to diffuse it is an example of another club that is in a bit of disarray that is going on behind the scenes #SerieA #Icardi #Inter pic.twitter.com/OF1h0QxPau— Soccer Report (@ReportFootball2) February 24, 2019“Mauro must go to the dressing room to resolve problems? Enough of this rubbish. What is it, the dressing room, physiotherapy?“He’s done nothing. It’s all non-existent drama.”That prompted Cassano, an ex-Nerazzurri forward to weigh into the matter: “They’re playing for third place while waiting to get back Icardi…Romelu Lukaku, Inter MilanLukaku backed to beat Ronaldo in Serie A scoring charts Andrew Smyth – September 14, 2019 Former Inter Milan star Andy van der Meyde is confident Romelu Lukaku will outscore Cristiano Ronaldo in this season’s Serie A.“They need his goals. He needs to go into the dressing room and clarify his position with the players until June for his own sake.“I say it as an interista: he needs to talk to those who have problems with him, shake their hands and in June what will be, will be.“If they took the armband off me? I would’ve gone crazy, but he doesn’t have to stay out of the team until June.“Neither the club nor Spalletti are crazy. There were some problems, but they’ve clarified them for the good of Inter.Per chi si fosse perso il battibecco tra Cassano e Wandita… 😉 pic.twitter.com/IsM7AJuVbh— dondiego (@dondiegotheone) February 24, 2019Cassano also defended Perisic’s action after suggesting Icardi isn’t in good terms with a section of the players.“There was nothing in Perisic’s gesture, but I think Icardi has problems with the Slavs in the squad.”Inter managed to secure one point from the tie (3-3) after blowing away a two-goal lead.last_img read more