Showing 1-10 of 1,358 results
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Asian shares slump as Mideast risk rises
Published on 20/04/2024
» RECAP: Asian stocks plunged yesterday as broad risk aversion swept through markets on escalating tensions between Iran and Israel and worries about higher-for-longer US rates.
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The world moves ahead cautiously
Business, Published on 30/03/2024
» Entering the second quarter, the global economy shows signs of looking better than expected. Purchasing Managers' Index (PMI) readings, a closely watched gauge of the business outlook, are among the economic indicators that are continuing to recover.
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Asian rally on pause as China news awaited
Business, Published on 27/01/2024
» RECAP: The rally in most Asian markets was interrupted yesterday, with profit-taking seen in Hong Kong and Shanghai as traders await more guidance on China's plans to support the country's battered economy.
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All eyes on global monetary policy
Business, Published on 27/01/2024
» The global economic and investment picture at the beginning of 2024 appears to offer a different outlook than in 2023. Every market seems to be more volatile, notably Hong Kong, South Korea, China, Singapore, Thailand, and even the US and Europe.
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ECB keeps key rate on hold
Published on 25/01/2024
» FRANKFURT - The European Central Bank (ECB) left its key interest rate at a record high on Thursday and noted that underlying inflation had continued to fall, also thanks to high borrowing costs.
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Global stocks mostly rise as ECB, BoE press pause after Fed pivot
AFP, Published on 15/12/2023
» NEW YORK - Global equities mostly rose Thursday as the ECB and Britain pressed pause on rates after the Fed had sent Wall Street soaring on a pivot toward interest rate cuts next year.
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UK inflation falls sharply
AFP, Published on 15/11/2023
» LONDON - UK inflation fell more than expected in October, data showed Wednesday, easing a cost-of-living crisis and relieving pressure on Prime Minister Rishi Sunak.
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Asian equities rise amid expected rate relief
Business, Published on 04/11/2023
» RECAP: Stocks and currencies in Asia gained in line with a weakening of the US dollar, as traders embraced riskier assets on prospects the Federal Reserve's tightening cycle is nearing an end.
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OECD sees 'sub-par' global growth as high rates bite
AFP, Published on 19/09/2023
» PARIS - The OECD raised its global economic outlook for 2023 on Tuesday but cut the growth forecast for next year as interest-rate hikes aimed at curbing inflation take their toll.
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Asian shares rally on upbeat data from China
Business, Published on 16/09/2023
» RECAP: Asian stocks rose strongly on Friday, extending a global equity rally, after better-than-expected Chinese economic data added to the optimism that tightening campaigns by major central banks were almost over.
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