News Headlines - 08 June 2020

Nikkei tops 23,000 line for first time since late February | The Japan Times

Tokyo stocks soared Monday following the U.S. market’s big advance, sending the benchmark Nikkei average above 23,000 for the first time in some 3½ months.
The Nikkei average of 225 selected issues listed on the first section of the Tokyo Stock Exchange jumped 314.37 points, or 1.37 percent, to end at 23,178.10, its first finish above the psychologically important threshold since Feb. 21. On Friday, the key market gauge went up 167.99 points to extend its winning streak to a fifth market day.

Oil prices top $40 as OPEC+ extends production cuts | Fox Business

West Texas Intermediate crude oil topped $40 a barrel for the first time in three months after OPEC and its allies agreed to extend historic production cuts and Saudi Arabia raised prices by the most in two decades.
The group, known as OPEC+, extended its nearly 10 million barrel per day output cut by one month - through the end of July - in an effort to restore supply and demand imbalances and boost energy prices. The production cuts represent about 10 percent of global supply.
WTI, the U.S. benchmark, rallied as much as 2.25 percent to $40.44 per barrel before trimming its gains. Brent crude oil, the international standard, was higher by 1.23 percent at $42.82 per barrel.

Colin Powell says he will vote for Joe Biden for president - CNNPolitics

mer Republican Secretary of State Colin Powell said Sunday that he'll vote for Democrat Joe Biden in the 2020 presidential election, choosing again not to vote for Donald Trump for president... The retired general voted for Trump's Democratic opponent, Hillary Clinton, in 2016, and hacked emails released in September of that year showed Powell strongly condemning Trump, labeling him a "national disgrace and an international pariah."

Naomi Osaka supports Black Lives Matter, faces Japan backlash - The Washington Post

Japanese tennis star Naomi Osaka is under online attack in her birthplace after speaking out about racial injustice and encouraging people to join a Black Lives Matter march.
Hundreds of people turned out here in the Japanese capital and in the western city of Osaka over the weekend to express support for the movement and to protest racial injustice in the United States - as well as racism in Japan.

Police investigate source of gun after Tokyo teen's apparent suicide | The Japan Times

A teenager died in an apparent suicide Monday morning in a house in Hachioji, a suburban Tokyo city, police said.
The boy, who was 15 and in his first year of high school, sustained a head wound and was pronounced dead at a hospital, according to the Metropolitan Police Department.
The police said his mother heard a bang from her son’s room on the second floor of the house around 8 a.m. before finding him on the floor bleeding from the head.







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