NEW YORK/WASHINGTON—Morgan Stanley, Goldman Sachs, Bank of America, and Wells Fargo hiked their dividends on Monday after the U.S. banks cleared their annual stress test exercise last week. The U.S. Federal Reserve said on Thursday the country’s largest lenders could easily weather a severe economic downturn, giving them a clean bill of health and paving…
4 Big US Banks Raise Dividends After Stress Tests
June 29, 2022
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Legalisation of Abortion in South Australia to Come into Effect
New regulations will be introduced in the state of South Australia (SA) from July 7, allowing women to have an abortion up to 22 weeks and six days into the pregnancy without needing a reason. The legislation will come into effect after abortion was legalised in the state by the previous government in early 2021…
Beijing’s Claim to Sovereignty of Taiwan Strait Undermines US ‘One China’ Policy
June 29, 2022
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Commentary The Chinese regime recently claimed sovereign rights on the entire Taiwan Strait, adding that U.S. warships sailing through it were partaking in provocative behavior. Beijing’s new move might have put the U.S. government in a more difficult position to continue its “One China” policy. On May 23, U.S. President Joe Biden commented during a…
Almost 30 Percent of Adult New Zealanders Were Victims of Crime in 2021
Twenty-nine percent of New Zealand adults fell victim to a crime over the 12 months to November 2021, according to a new report by the Ministry of Justice. The fourth annual publication of the New Zealand Crime and Victims survey reveals that the three most common offences were burglary, fraud, and deception, making up more…
NASA Hopes New Zealand Launch Will Pave Way for Moon Landing
WELLINGTON, New Zealand—NASA wants to experiment with a new orbit around the moon that it hopes to use in the coming years to once again land astronauts on the lunar surface. So it is sending up a test satellite from New Zealand. The initial stages of the launch went according to plan late Tuesday, with…
China Extends Anti-Dumping Tariffs on EU, UK Steel Fasteners Imports
BEIJING—China’s commerce ministry said on Tuesday it would extend anti-dumping tariffs on certain steel fasteners imported from the European Union and United Kingdom for five years. The anti-dumping tariffs will be imposed from June 29, the ministry said in a statement. By Emily Chow in Kuala Lumpur and Beijing Newsroom …
Oklahoma Reaches $250 Million Opioid Settlement With Drug Distributors
Oklahoma has reached a $250 million settlement with AmerisourceBergen Corp, Cardinal Health Inc., and McKesson Corp to resolve allegations the drug distributors contributed to the opioid epidemic in the state, Oklahoma Attorney General John O’Connor said on Monday. O’Connor said Oklahoma recovered more money from the distributors than the state would have received if it…
Ford Recalls 2,900 EV F-150 Lightning Pickup Trucks
Ford Motor Co. said Monday it will recall about 2,900 F-150 Lightning trucks because a software issue may result in a failure to provide adequate warning of low tire pressure. The recall is the first for the Ford electric pickup truck. Ford said the trucks tire pressure monitoring system light may not illuminate when intended…
Nanoparticles Could Be the Key to Cheaper, Faster and More Reliable Internet
Australian National University (ANU) physicists have developed new tech that controls the direction that light can and cannot travel in using nanoparticles, possibly discovering the path to cheaper, faster and more reliable internet. In collaboration with colleagues from Singapore, China and Germany, ANU scientists have developed small translucent slides that produce two different images, depending…
All England Club Stands by Ban of Russian, Belarusian Players
The chairman of the All England Club stood by the decision to ban Russian and Belarusian players from Wimbledon, saying there was “no viable alternative.” Ian Hewitt made the comments during an interview with ESPN on Sunday, on the eve of The Championships. The AEC’s decision in April came in response to Russia’s invasion of…
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