FirstFT: Today’s hot news | Financial Times

FirstFT: Today’s hot news | Financial Times

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Hamas militant group Launch a rocket into the depths of Israel Several days after violent clashes between Israeli police and Muslim protesters at the Al-Aqsa Mosque in Jerusalem, hundreds of Palestinians were injured.

After Hamas issued a deadline for Israel to withdraw its troops from the mosque’s compound at 6 pm, the rocket fired. The mosque is a holy place for Muslims and Jews. Television images showed that the smoke rose from the hills near Jerusalem and entered Israel farther than any rocket launched in recent years.

The Israeli military carried out air strikes on the Gaza Strip, including air strikes targeting senior Hamas military commanders. Jonathan Conricus, spokesman for the Israel Defense Forces, said that before Hamas “got information and learned lessons,” the military had “green light” to hit military targets.

Health officials in Gaza said the airstrike killed as many as 20 people, including 9 children and injured 65 others. More air strikes are expected.

Coronavirus digestion

  • Indian The largest steel manufacturer Expected to be disturbed The country’s brutal second wave of coronavirus continued until September, when the country cut production due to oxygen shortages and shrinking industrial demand.

  • European government Spent billions of dollars to support their airline The pandemic reversed the momentum for privatization.

  • New infection of coronavirus we fall downLowest level in 11 months -Signs that the country is expected to return to normal in the summer.

  • May 17, British will Allow hug again This is the first time since the coronavirus restrictions were implemented.

  • decision we JPMorgan Chase and Goldman Sachs recall their employees To the office Emphasize the contrast with them as soon as possible next month European Peer.

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In the news

Colonial pipeline hackers regret “making problems” The hacker group DarkSide blamed the ransomware attack on the colony’s oil pipeline this weekend, insisting it was just trying to make money. It’s a pity to “create problems for society”.Pipeline is expected Resume most operations Before the end of this week. (New York Times)

This hack took an important U.S. oil pipeline offline for three days ©FT montage; Bloomberg

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After the Dean published ancient poems, Meituan shares fell Share price of Chinese food delivery app Meituan A drop of 9.8% On Monday, the company’s CEO published an ancient poem on social media that investors interpreted as criticizing Chinese President Xi Jinping.

Nakanishi resigns as president of Nikkei Nakanishi Bozhao was forced Step down After the cancer recurred, he became the chairman of the Keidanren Business Lobby Association, which made the Japanese business leaders a strong reformist voice.

1MDB sues banks for more than $23 billion in losses Malaysia’s out-of-favor state investment fund 1MDB is suing Deutsche Bank, Kurtz and JPMorgan Chase and more than 20 people, including the former prime minister of Malaysia, in order to restore health. More than $23 billion in losses.

U.S. investor protests against executive compensation hit a record high This year, six S&P 500 companies including General Electric, AT&T, IBM and Starbucks Failed to win the support of majority shareholders Salary package. According to data from ISS Corporate Solutions, there will be 10 cases where the majority of shareholders voted against the company’s bonus plan by 2020.

Global passive assets reach 15 billion U.S. dollars Data shows that after the global passive investment industry’s assets exceeded 15 billion U.S. dollars last year, the assets managed by exchange-traded funds surpassed traditional index-tracking mutual funds for the first time. Compiled for the British “Financial Times”.

  • The Biden administration proposes to impose higher capital gains tax on wealthy investors, which may Speed ??up the transfer of mutual funds American asset management company executives predict that they will go to exchange-traded funds.

Line chart of managed assets ($tn) shows passive attacks

One day in the future

China CPI and producer price data When China’s consumer price index is released in April, it will be the focus. on Tuesday. Economists surveyed by Bloomberg predict that this number will increase by 1% year-on-year. The producer price data on the same day is expected to climb 6.5% in the same period, the fastest growth rate since 2017.

The British “Financial Times” has Trade secret communication, To provide better coverage for premium subscribers so that they can immediately report one of the most important stories in the world. Looking forward to more insider news about global trade, the detailed and intricate analysis conducted by the British Financial Times reporter team led by Alan Beattie in Brussels will be conducted at 7pm Hong Kong time from Monday to Thursday. The point is delivered directly to your inbox.Click on Here registered.

What are we still reading

The British service industry begins to calculate the actual cost of Brexit Service industry accounts for about 80% of the British economy, Including fashion, travel, auditing and architecture. However, during the entire negotiation process for the UK to withdraw from the European Union, the service industry was rarely given priority except for the City of London.

The tree diagram shows the UK's service exports to the EU in 2019

Sino-U.S. competition promotes the retreat of market economics Old ideas are like old clothes-wait long enough and they will become popular again, Gideon Rachman wrote. Thirty years ago, “industrial policy” was almost as fashionable as a bowler hat, but the competition between China and the United States made the limelight.

Meet the scholars who inspired moonshot to invest Four years ago, Finance Professor Hendrik Bessembinder published an article paper This shows that despite the stock market’s rise in the past century, most stocks remain speechless.Now, some people cite the work of Bessembinder as an active investment in The narrow clutch of a potential superstar Is the way forward.

The future battle of milk Emerging companies and multinational companies are in competition $17 billion plant-based beverage market -The stakes are high. Proponents argue that compared with cattle, plant-based milk production produces lower greenhouse gas emissions, which suggests that high-tech methods can help feed humans and curb global warming.

registered For us due diligence Newsletter This Headlines in the corporate finance sector, including detailed analysis of the news publisher.

The rise of Elise Stefanik The first Republican congresswoman has changed from a rising star of the Republican moderates to one of Donald Trump’s most ardent supporters.It is widely expected that she will be elected chairman of the GOP meeting of the House of Representatives this week, which makes her The most senior Republican woman On Capitol Hill.

Elise Stefanik

Elise Stefanik recognizes Donald Trump at the 2020 Republican National Convention © Photo courtesy of the committee

Podcast of the day

Conservatives conquered Hartlepool Last week’s local elections resulted in Boris Johnson’s gains from the Conservative Party, Including the historic victory in the Hartlepool by-election. What does this mean for the leadership of the Labor Party and Kil Stammer? Sebastian Payne of the Financial Times broke down what you need to know.

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