Day: October 27, 2025
China’s industrial profits surge 21.6% in September, biggest jump in nearly two years
Employees work on the assembly line of new energy vehicles at a factory of Chinese EV startup Leapmotor on April 1, 2024 in Jinhua, Zhejiang Province of China. Shi Kuanbing | VCG | Visual China Group | Getty Images China’s industrial profits soared 21.6% in September from a year ago, the National Bureau of Statistics […]
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Argentina’s midterm election hands landslide win to Milei’s libertarian overhaul
Argentina’s President Javier Milei addresses the audience during the World Economic Forum (WEF) annual meeting in Davos on January 23, 2025. Milei said at a Bloomberg event on January 22, 2026 that “The world should celebrate the arrival of President Trump,”before Donald Trump will star on January 23, 2025 in an eagerly-anticipated online appearance at […]
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CNBC Daily Open: Cooler-than-expected U.S. consumer inflation adds to market cheer
People shop for food at a supermarket in Monterey Park, California on September 9, 2025. Frederic J. Brown | Afp | Getty Images A tamer-than-expected U.S. inflation report for September injected optimism into markets. Traders are now betting that the Federal Reserve will almost certainly cut rates at its October meeting — scheduled for later […]
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Japan’s Nikkei 225 crosses 50,000 for the first time, leading gains in the region
Japan’s Nikkei 225 breached the 50,000 mark for the first time Monday, leading regional gains as investors cheered progress in U.S.-China trade talks and strong momentum from Wall Street. The benchmark index rose over 2%, while the Topix added 1.61%. South Korea’s Kospi jumped 1.83% after hitting a record high on Friday, while the small-cap […]
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HSBC to recognize $1.1 billion provision in third quarter after court ruling in Madoff case
Key Points HSBC said on Monday that it will recognize a provision of $1.1 billion in its third quarter results. A Luxembourg court denied HSBC’s appeal in respect of Herald’s securities restitution claim. Source
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