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Walmart Inc. has filed a lawsuit against credit card partner Capital One, accusing them of failing to meet the customer service standards outlined in their contract. The lawsuit asks the New York federal court to find that Walmart is allowed to terminate their agreement with Capital One. This legal action comes after Walmart switched their primary credit card partner from Synchrony Financial to Capital One back in 2018. Capital One began issuing Walmart cards as part of the deal in August 2019. It was expected that this partnership would negatively impact Synchrony Financial's store credit card business, with Walmart representing almost 20% of their business, leaving nearly $10 billion in balances of Walmart cards issued by Synchrony Financial. As of now, the reason behind Walmart's lawsuit remains unclear. Meanwhile, Capital One's stock price ranged between $94.44 and $95.66 on April 8th, 2023, with a volume of 2,045,893 shares traded throughout the day.

TRX, the native token of the Tron blockchain, fell by 5.4% after the announcement that Binance.US will delist it on April 18. Binance stated that digital asset delisting decisions are guided by variable factors such as changes in the token's risk profile, regulatory updates in the US, and unethical behavior from token holders or developers. Binance’s announcement follows closely on the SEC’s legal action against founder Justin Sun, charging him and three companies tied to TRX of “unregistered offer and sale of crypto asset securities Tronix (TRX) and BitTorrent (BTT).” TRX has since hit $0.064. Investors are curious to see whether the delisting will lead to further price decreases in the days following the news. While Tron has been accused of non-compliance by US regulators, investors should take note that the delisting is from a US-based platform and doesn’t affect trading or ownership anywhere else.

China's blue-chip CSI300 Index and the Shanghai Composite Index fell by 0.1%, while the Hang Seng Index in Hong Kong and the China Enterprises Index rose by 0.8% each. The consumer price growth in March was at its slowest since September 2021, indicating weak demand for consumption, and potential for further policy stimulus. The producer deflation, which extended price declines for a sixth straight month, further added disinflationary pressure. Analysts say that this indicates the world's second-largest economy is going through a disinflation process. Pinpoint Asset Management's president, Zhiwei Zhang, says that economic recovery is on track but not sufficient enough to push up prices. Policy support from Beijing can strengthen the economy, as suggested by analysts at Nomura. Zyuan Ventures' founder, Gary Rieschel, adds that China will likely see a certain amount of volatility in the market, given that officials still need to manage deleveraging and speculation, which are some of the biggest risks.

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