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Friday, April 7, 2023

Thieves continue to target Asian community in western Washington - KING5.com

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Thieves continue to target Asian community in western Washington  KING5.com

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Thieves continue to target Asian community in western Washington - KING5.com
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Asian Americans least likely to feel satisfied with their salary, new survey shows - Yahoo News

[Source]

Most Asian Americans do not feel satisfied with their salary, according to a new Pew Research Center survey.

Pew Research Center’s American Trends Panel (ATP), a nationally representative panel of randomly selected adults in the U.S., surveyed nearly 6,000 workers, 5,188 of whom are not self-employed, from Feb. 6 to Feb. 12, 2023.

The study, “How Americans View Their Jobs,” explored how American workers, including white, Black, Hispanic and Asian employees, feel about their current jobs and their experiences in the workplace. It included a total sample size of 259 Asian American workers who are primarily English-speaking adults.

The survey found that only about half of U.S. workers are extremely or very satisfied with their job overall and that less than half expressed high levels of satisfaction with opportunities for skills development and promotion.

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The study also indicated that older workers and those with higher family incomes have more positive views of their jobs, while four-in-10 workers (39%) say their career is extremely or very important to their overall identity.

For Asian Americans specifically, only 28% workers say they are extremely or very satisfied with how much they are paid, the lowest percentage among all racial groups.

Asians are also the racial group with the lowest percentage of respondents who say that their contributions are valued a fair amount and that they are highly satisfied with their relationship with their boss.

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Moreover, only 60% of Asian workers said they can be themselves at work all or most of the time, with 25% having been discriminated against in the workplace due to their race or ethnicity.

As for safety conditions in the workplace, most Asian workers believe their workplaces to be safe, with only 13% of workers noting that the safety and health conditions at their workplace are fair or poor.

There are nearly 20 million Asian American citizens residing in the U.S., with 8.8 million of them in the workforce.

More from NextShark: Math professor convicted of failing to report Chinese bank account gets probation

They are overrepresented in both low-paying occupations, such as manicurists and cooks, and in high-paying professions, including technical fields.

While these experiences vary in some aspects by gender, age and income, Pew Research Center notes that they were not able to analyze Asian adults separately when looking at specific categories, such as gender, due to the relatively small sample size.

The researchers also noted that English-speaking Asian adults may not be representative of the overall Asian adult population.

More from NextShark: Fox News' Tucker Carlson asks if ‘Putin eats dogs’ while questioning why Russian president is disliked

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"asian" - Google News
April 07, 2023 at 01:34AM
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Asian Americans least likely to feel satisfied with their salary, new survey shows - Yahoo News
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Thursday, April 6, 2023

Finally, A Show About Angry Asians - HuffPost

Anger is almost always part feeling and part performance. Unlike sadness or joy, though, it’s very difficult to experience anger silently. That’s probably why, as a shy Asian kid in Texas, I never allowed myself to feel it. I simply didn’t know how to manifest that emotion outwardly, especially since I was taught that anger was a sign of emotional weakness.

As an adult, I’ve more than made up for the anger I didn’t allow my younger self to feel, so much so that people send me emails to point out how “angry” my writing sometimes sounds. And they’re right. I am angry — angry about what I was taught to believe about my worth as a queer Asian Latino person growing up in America. I’m also angry about the fact that I feel I have to make it right for others like me.

That’s why “Beef,” a new Netflix series by Lee Sung Jin that features an almost all-Asian cast, including Ali Wong and Steven Yeun, resonates so much. The show, which dropped on April 6, is a complex dramedy that, as Vulture eloquently put it, throws “us straight into the trenches of modern American malaise.” But to me, the most glorious and simple pleasure of watching “Beef” was that I got to see a bunch of angry Asian people on TV.

“Beef” begins with a seemingly routine road rage incident: A frustrated guy in a pickup truck (Yeun as Danny Cho) backs out of a parking space and almost hits a passing car driven by another stressed-out person (Wong as Amy Lau). There is honking and yelling and a middle finger. Cho decides to drive after Lau and the two end up chasing each other through suburbia. Lau floors her car and drives full speed toward Cho before stopping abruptly. He flinches. We laugh. The ensuing 10 episodes, hilarious and heartfelt, look into their complicated lives and unveil the ethos behind a petty argument that refuses to end.

As you keep watching “Beef,” it’s obvious that the conflict between Cho and Lau, like many real-life instances of road rage, is not really about driving, but about the pent-up fury that comes from living deeply unsatisfying lives — and how that fury eventually finds an outlet. That slow-burning wrath has become a part of the American canon. It births Karens and neighborhood vigilantes and the type of people who pick fights with strangers to make their lives interesting enough to live.

It reminds me of how America has fabricated lifestyles that are as difficult as they are boring; how a wealthy suburbanite with a gorgeous house can be just as unhappy as a broke tradesperson trying to make ends meet. What we are all really missing, as Americans, appears to be meaningful human connection.

To me, one of the characters in “Beef” who understands what the other characters are missing — the importance of connection, that is — is Paul Cho, who is played by Young Mazino. Paul is Danny’s directionless brother who, throughout most of the series, cares less about the family business than he does about pursuing a crush that is bound to end horribly. He’s one of the only characters who primarily acts out of feelings of love and not rage.

When I asked Mazino what it was like to portray an Asian male character with such strong emotions, it wasn’t lost on him how different this was from most depictions of our community on TV. In many Asian households, we’re taught that expressing strong emotions is a bad thing. In many ways, it’s a survival mechanism — for one, Americans are already hesitant about us, so why make ourselves more difficult?

On a cultural level, though, there’s also a sense that if we get too caught up in our own emotions, regardless of whether they stem from love or rage, we’re bound to set ourselves back. I remember how my mom would interrupt any hints of my anger whenever they arose. If I complained about something, she’d tell me to ignore it and just move on. Dwelling on emotions was useless. Being angry, she’d tell me, hurt no one except myself. I suspect that part of her admonition came from her worry that speaking out would make me a target. The smaller we made ourselves, the fewer problems we would have.

That’s what makes seeing Mazino’s various emotions on screen so refreshing.

“It’s invigorating to suddenly have a character I can play that is so multifaceted and three-dimensional and fully flawed, but also endearing in some ways,” Mazino tells me.

Before he went to acting school in New York, he had built his identity around being stereotyped, caricatured and emasculated. But, Mazino says, the training he got taught him how to undo those ideas so that he could build himself into any character. While in school, he was asked to write down the actors he wanted to emulate. He wrote Steven Yeun’s name. Mazino says he was inspired by Yuen’s “courage to walk into a void where there wasn’t much representation for people like him.”

It appears that “Beef” created its own community within an Asian cast while also underscoring the importance of human connection on screen. Being a racial minority in any country can be a deeply lonely experience, but sometimes we forget that loneliness is a product of wanting to assimilate into a larger culture that doesn’t serve our interests. Growing up, I saw other Asian Americans as competition, not as community, which only perpetuated my own sense of isolation. When we understand that the people who share our identities are not threats to us, we can unite to become something so big that the culture has no choice but to notice.

I have no doubt in my mind that we’ll be talking about “Beef” for months to come because it is a show about how jaded and lonely we can get in the repetitive throes of capitalism. To be honest, I’m tired of seeing Asian people only thrive in Western media. It’s dishonest and flattening, and ignores the complexity of our emotions, and I don’t think it’s going to move us forward. We also live in a time when Asians have often been on the receiving end of others’ rage and violence, which finally awakened many of us to stand up, take to the streets and demand better. See, we can get mad, too.

I’m glad we got to have “Crazy Rich Asians,” but I’m infinitely more excited about seeing crazy broke Asians and crazy tired Asians. Thanks to “Beef,” we have crazy angry Asians now. Perhaps anger is what we needed to find our way to each other all along.

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"asian" - Google News
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Finally, A Show About Angry Asians - HuffPost
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Asian stocks slide, bond yields depressed as recession worries weigh - CNA

TOKYO: Asian stocks and US equity futures sank on Thursday (Apr 6) while bonds and the safe-haven US dollar and Japanese yen were bid as mounting evidence of a US slowdown fuelled worries about a possible global recession. Crude oil also weakened.

Equity investors were inclined to take money off the table after recent strong gains and with many global markets heading into a holiday for Good Friday, when potentially pivotal US monthly payrolls data is due.

Japan's Nikkei fell 1.3 per cent, making it the region's worst-performing major market alongside South Korea's Kospi, which sank the same amount.

Chinese blue chips eased 0.36 per cent. Hong Kong's Hang Seng sagged 0.37 per cent, with tech shares on the index down 1 per cent

MSCI's broadest index of Asia-Pacific shares was down 0.9 per cent, accelerating declines as the trading day unfolded. The index had risen more than 5 per cent since mid-March to close at a one-and-a-half-month high on Tuesday.

US Nasdaq E-mini futures pointed to a 0.44 per cent lower restart, after the tech stock benchmark slumped 1 per cent overnight. E-mini futures for the broader S&P 500 indicated a 0.26 per cent decline at the reopen, extending Wednesday's 0.25 per cent slide.

"Cracks have started to appear in the US economic data this week, and slowdown fears are re-emerging," spurring investors to sell riskier assets and shift to safer ones, including Treasuries and the dollar, IG analyst Tony Sycamore wrote in a client note.

"It makes sense to square some risk ahead of the Easter long weekend," he said. "All eyes are now on Friday's non-farm payrolls release."

Data overnight showed US private employers hired far fewer workers than expected in March, adding to signs of a loosening labour market from earlier in the week.

The country's services sector also slowed more than expected, while earlier figures showed a stalling at factories as well.

As signs have built this week for a sharp US slowdown, traders have been pricing for a more dovish Federal Reserve. Money markets now see the odds of a further quarter-point hike at the May meeting versus a pause as a coin toss. And 71 basis points of easing are priced by year-end.

"Until last week, I think some stocks, including tech, were more driven by expectations for Fed rate cuts to come earlier (but) now global recession fears are the overwhelming factor," said Naka Matsuzawa, chief Japan market strategist at Nomura Securities in Tokyo.

"I don't think anyone at the Fed has even hinted at starting rate cuts this year, so in that sense the market is kind of challenging the Fed."

Treasury yields have fallen, with the 10-year note yielding around 3.29 per cent in Tokyo, sticking close to the nearly seven-month low of 3.266 per cent reached overnight.

That helped the yen, which is highly sensitive to US yields, to gain against the fellow safe-haven greenback.

The dollar slipped 0.08 per cent to 131.22 yen, but was higher against most other major currencies. The dollar index rose 0.14 per cent to 102.01, continuing its bounce from a two-month low.

The risk-sensitive, commodity-linked Australian and New Zealand dollars slid 0.47 per cent and 0.43 per cent respectively against their US peer. The euro was off 0.16 per cent at US$1.08915.

Crude oil was also under pressure, with West Texas Intermediate losing 73 cents to US$79.88 a barrel and Brent off 74 cents at US$84.25.

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Asian stocks slide, bond yields depressed as recession worries weigh - CNA
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Wednesday, April 5, 2023

Asian stocks left rudderless amid recession fears, Nikkei slides By Investing.com - Investing.com

Asian stocks left rudderless amid recession fears, Nikkei slides © Reuters.

By Ambar Warrick

Investing.com-- Most Asian stocks traded in a flat-to-low range on Wednesday as a swathe of weak data ramped up concerns over slowing economic growth, with Japan’s Nikkei index falling the most amid some profit taking.

Regional trading volumes were also limited on account of a holiday in China and Hong Kong.

The sank 1.6%, and was the worst performer among Asian stocks on Wednesday as losses in automobile and energy stocks weighed. Investors locked in some profits after the index marked three straight days of gains.

Strength in the also weighed on export-oriented stocks, as the Japanese currency saw increased safe haven demand amid growing fears of a U.S. recession.

Risk sentiment was battered this week following a string of softer-than-expected economic readings from major economies. sank in overnight trade after data showed , while JPMorgan (NYSE:) CEO Jamie Dimon warned that turmoil in the banking sector was not yet over.

Federal Reserve officials also warned that could keep rising despite slowing economic growth.

This, coupled with signs of prolonged weakness in global manufacturing, ramped up concerns over a potential recession this year. A spike in oil prices, following a surprise output cut by the Organization of Petroleum Exporting Countries (OPEC), also pushed up fears of high fuel prices keeping inflation elevated.

Appetite for most risk-driven assets was limited, while safe havens such as and the yen rallied.

Among Asian stocks, the was flat, while led losses in Southeast Asia with a 0.6% decline.

were among the few outliers for the day, rising 0.5% after data showed eased more than expected in March. South Korea’s also added 0.4% after data earlier this week showed was easing.

Australia’s fell 0.1% after Reserve Bank Governor Philip Lowe warned that the bank could still keep raising interest rates to curb high inflation, even after it held rates steady on Tuesday.

India’s and indexes rose 0.4% each in catch-up trade after a holiday on Tuesday. Focus is now on a on Thursday, which is likely to result in a rate hike.

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"asian" - Google News
April 05, 2023 at 11:33AM
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Asian stocks left rudderless amid recession fears, Nikkei slides By Investing.com - Investing.com
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Asian stocks left rudderless amid recession fears, Nikkei slides By Investing.com - Investing.com

Asian stocks left rudderless amid recession fears, Nikkei slides © Reuters.

By Ambar Warrick

Investing.com-- Most Asian stocks traded in a flat-to-low range on Wednesday as a swathe of weak data ramped up concerns over slowing economic growth, with Japan’s Nikkei index falling the most amid some profit taking.

Regional trading volumes were also limited on account of a holiday in China and Hong Kong.

The sank 1.6%, and was the worst performer among Asian stocks on Wednesday as losses in automobile and energy stocks weighed. Investors locked in some profits after the index marked three straight days of gains.

Strength in the also weighed on export-oriented stocks, as the Japanese currency saw increased safe haven demand amid growing fears of a U.S. recession.

Risk sentiment was battered this week following a string of softer-than-expected economic readings from major economies. sank in overnight trade after data showed , while JPMorgan (NYSE:) CEO Jamie Dimon warned that turmoil in the banking sector was not yet over.

Federal Reserve officials also warned that could keep rising despite slowing economic growth.

This, coupled with signs of prolonged weakness in global manufacturing, ramped up concerns over a potential recession this year. A spike in oil prices, following a surprise output cut by the Organization of Petroleum Exporting Countries (OPEC), also pushed up fears of high fuel prices keeping inflation elevated.

Appetite for most risk-driven assets was limited, while safe havens such as and the yen rallied.

Among Asian stocks, the was flat, while led losses in Southeast Asia with a 0.6% decline.

were among the few outliers for the day, rising 0.5% after data showed eased more than expected in March. South Korea’s also added 0.4% after data earlier this week showed was easing.

Australia’s fell 0.1% after Reserve Bank Governor Philip Lowe warned that the bank could still keep raising interest rates to curb high inflation, even after it held rates steady on Tuesday.

India’s and indexes rose 0.4% each in catch-up trade after a holiday on Tuesday. Focus is now on a on Thursday, which is likely to result in a rate hike.

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"asian" - Google News
April 05, 2023 at 11:33AM
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Asian stocks left rudderless amid recession fears, Nikkei slides By Investing.com - Investing.com
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Tuesday, April 4, 2023

Seattle summit addresses Asian American, NHPI economic issues - Crosscut

Chiling Tong, president of the National Asian/Pacific Islander American Chamber of Commerce and Entrepreneurship, noted this strife has yet to relent. 

“Some Asian restaurants, after COVID, they still cannot recover,” she said in an interview with Crosscut, noting the contrast with other restaurants that are growing and getting business. 

These issues may be exacerbated by the perception these communities have of the government; Cho with the Port of Seattle pointed out that there could be a legacy of historical trauma at play. 

“A lot of immigrants come from, you know, dictatorships, authoritarian regimes, et cetera,” he said. “But also, it’s very complicated to work with government.” 

National, regional and local leaders expressed support for these communities at Thursday’s event. This included Mayor Bruce Harrell, who spoke at the summit, as well as U.S. Sen. Patty Murray and U.S. Rep. Pramila Jayapal, neither of whom attended but prepared remarks that were delivered to the crowd. Part of the summit featured breakout sessions on topics including resources for businesses and government contracting opportunities. 

More than 200 people, including entrepreneurs and community members, attended the event, according to a recap email from the White House Initiative on Asian Americans, Native Hawaiians, and Pacific Islanders.

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Seattle summit addresses Asian American, NHPI economic issues - Crosscut
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Rubin Museum, Haven for Asian Art, to Close After 20 Years - The New York Times

It is the first major art museum in New York to close within recent memory. The museum had financial challenges and has faced accusations o...

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