- Reuters
Asia shares rally on Fed cut bets; yen pares gains
Asian stocks rose on Monday on renewed bets that the Federal Reserve would likely ease rates this year, while the yen weakened after a strong surge last week from Tokyo's suspected currency intervention. Trading was thinned in Asia with Japan out for a holiday, though markets in mainland China got off to an upbeat start after returning from an extended break. MSCI's broadest index of Asia-Pacific shares outside Japan edged more than 0.5% higher, while China's blue-chip index gained 1.4%.
- NHL Highlights
Radek Faksa with a Goal vs. Vegas Golden Knights
Radek Faksa (Dallas Stars) with a Goal vs. Vegas Golden Knights, 05/05/2024
- AFP
Market-based schemes not reducing deforestation, poverty: report
Market-based approaches to forest conservation like carbon offsets and deforestation-free certification schemes have largely failed to protect trees or alleviate poverty, according to a major scientific review published on Monday.Brockhaus said market-based approaches may be appealing to policymakers but would not be a solution without also addressing the broader economic and governance challenges around forest management.
