Asian shares, oil fall as U.S.-China trade spat escalates

Asian shares, oil fall as U.S.-China trade spat escalatesTOKYO/SYDNEY (Reuters) – Asian shares fell to a 2-1/2 week low on Monday after U.S. President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind. Fears of a global trade war added to pressure on oil prices, which extended Friday’s big fall, while the dollar retreated from near 3-week highs against the safe haven yen. Spreadbetters suggested a subdued start for European shares, with FTSE futures off about 0.1 percent.


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Harvard rated Asian American applicants lower on personality scores than other students, study finds

Harvard rated Asian American applicants lower on personality scores than other students, study findsHarvard admissions officers consistently rated Asian American students lower on “personal qualities” than students of other races, according to admissions data analysed as part of a racial discrimination lawsuit against the prestigious university. A study of 20 years’ worth of admissions data shows Asian American applicants to Harvard scored much better than all other racial groups on measures of academic merit, but worse on subjective analyses of their personal qualities completed by Harvard admissions staff. In fact, the study found Asian Americans had the lowest admission rate of any racial group between 2000 and 2019, despite having higher test scores than every other racial group over the two-decade period.


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Harvard Rates Asian-American Applicants Lower On "Personal Qualities," Lawsuit Alleges

  1. Harvard Rates Asian-American Applicants Lower On “Personal Qualities,” Lawsuit Alleges  BuzzFeed News
  2. Court Filings Allege Discrimination Against Asian-Americans in Admissions  Harvard Magazine
  3. Harvard Rated Asian-American Applicants Lower on Likability and Personality Traits, Lawsuit Says  New York Times
  4. Full coverage


Source: Google News

Harvard records show discrimination against Asian-Americans: group

Harvard records show discrimination against Asian-Americans: groupBy Nate Raymond BOSTON (Reuters) – Harvard University killed an internal investigation in 2013 that found evidence the Ivy League school’s admissions system is biased against Asian-American applicants, a nonprofit group suing the university alleged in a court filing on Friday. The claim by Students for Fair Admissions Inc came in a brief that sought to have a federal judge in Boston rule in its favor without a trial in a closely watched lawsuit accusing Harvard of discriminating against Asian-Americans. The group, headed by prominent anti-affirmative action activist Edward Blum, said evidence showed that Harvard had allowed race to become a dominant consideration in considering applicants rather than just a legally allowed “plus” factor.


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Asian markets swing lower after Fed rate hike

  1. Asian markets swing lower after Fed rate hike  MarketWatch
  2. Euro climbs ahead of ECB meeting, Fed-driven dollar rally unwinds  Reuters
  3. Stocks Globally Weaken on Hawkish Federal Reserve and Surprising China Data  TheStreet.com
  4. Analysis: What Will the Fed Do With an Overshoot?  Wall Street Journal
  5. Fed Raises Interest Rates and Signals 2 More Increases Are Coming  New York Times
  6. Full coverage


Source: Google News

Asian stocks slump after Fed signals faster rate hikes

  1. Asian stocks slump after Fed signals faster rate hikes  SFGate
  2. Fed-driven dollar surge fades, focus moves to ECB meeting  Reuters
  3. Fed hikes rates, points to two more increases by year’s end  CNBC
  4. Analysis: What Will the Fed Do With an Overshoot?  Wall Street Journal
  5. Stock market slumps after Fed lifts rates for second time in 2018  MarketWatch
  6. Full coverage


Source: Google News

Asian Stocks Track US Lower After Hawkish Fed: Markets Wrap

  1. Asian Stocks Track US Lower After Hawkish Fed: Markets Wrap  Bloomberg
  2. Dow falls nearly 120 points after Fed hikes rates, points to more increases in 2018  CNBC
  3. Fed raises rates, signaling strength of Trump economy  Politico
  4. Analysis: What Will the Fed Do With an Overshoot?  Wall Street Journal
  5. Fed Raises Interest Rates and Sees 2018 Unemployment at 3.6%  New York Times
  6. Full coverage


Source: Google News