The Tokyo Inventory Trade.
robertcicchetti | iStock Editorial | Getty Photographs
Shares in the Asia-Pacific are poised to fall Thursday as traders await U.S. inflation info, a essential metric carefully watched by the Federal Reserve, and as U.S. midterm effects continue to roll in.
In Australia, the S&P/ASX 200 was down .54%.
The Nikkei futures contract in Chicago was at 27,510 although its counterpart in Osaka was at 27,520 – reduce than the Nikkei 225‘s previous shut at 27,716.43.
Private equity firms are facing a new reality: a growing crop of companies that can neither thrive nor die, lingering in portfolios like the undead. These so-called “zombie companies” refer to businesses that aren’t growing, barely generate enough cash to service debt and are unable to attract buyers even at a discount. They are usually trapped […]
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Foxconn Chairman Young Liu delivers a speech during the Hon Hai Tech Day in Taipei on Oct. 18, 2023. I-hwa Cheng | AFP | Getty Images Foxconn, the world’s largest contract electronics maker, said Wednesday that its third-quarter profit jumped 17% from a year earlier, driven by growth in its artificial intelligence server business. Here’s […]
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European stocks are seen opening broadly higher on Wednesday, maintaining positive momentum seen earlier this week. Source
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