World
Philippine central bank chief says he’s ‘not concerned’ about recent peso weakness
There are multiple reasons why the Philippines’ central bank chief, Benjamin Diokno, is “not concerned” about recent weakness in the peso against the dollar. As of Tuesday morning during Asia trading hours, the peso has weakened more than 2.5% against the greenback so far this year. It last traded at 52.38 per dollar, after Reuters […]
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Asia-Pacific stocks set for opening declines following Wall Street tumble
SINGAPORE — Shares in Asia-Pacific looked set for a lower start on Tuesday following big losses overnight on Wall Street that saw the tech-heavy Nasdaq Composite dropping more than 4%. Futures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 26,060 while its counterpart in Osaka was at […]
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These stocks could provide ‘downside protection’ as inflation soars, Bernstein says
As surging inflation puts significant pressure on margins, Bernstein names stocks with pricing power that could outperform. Source
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HSBC thinks these global energy stocks could be winners — and gives one upside of over 100%
HSBC says a “generational shift” in energy policy could be on the horizon— and names the stocks it thinks could benefit. Source
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The S&P 500 is dropping again, but chart analysts don’t see signs of a bottom yet
Technical indicators show that the market could have significant downside left. Source
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Biden calls on Congress to ‘immediately’ pass major Ukraine aid package before new Covid funding
U.S. President Joe Biden delivers remarks during a Rose Garden event at the White House in Washington, May 9, 2022. Kevin Lamarque | Reuters President Joe Biden urged Congress on Monday to quickly approve a multibillion-dollar aid package for Ukraine before trying to pass a new round of Covid-19 funding, warning that U.S. aid for […]
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Nearly 6,000 Ukrainians approved to enter the U.S. through Biden admin’s Uniting for Ukraine website
After convincing her mother and aunt to flee the Ukraine for Poland, Yuliya Day uses Facebook Messenger to video conference with her mother as she tries to figure a way to bring them to the United States from her home in Fullerton, California, April 21, 2022. Mike Blake | Reuters The Department of Homeland Security […]
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In today’s environment, the notion that the stock market isn’t the economy doesn’t hold up anymore
A Wall Street subway station near the New York Stock Exchange (NYSE) in New York, on Monday, Jan. 3, 2022. Michael Nagle | Bloomberg | Getty Images The stock market may not literally be the economy, but the distinction between the two is getting increasingly harder to draw. With household ownership of stocks scaling new […]
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Biden signs bill that aims to streamline U.S. military aid to Ukraine
U.S. President Joe Biden signs an executive order to prohibit trade and investment between U.S. individuals and the two breakaway regions of eastern Ukraine recognized as independent by Russia, at the White House in Washington, U.S., February 21, 2022. The White House | Reuters WASHINGTON — President Joe Biden signed a bill Monday that will streamline the […]
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Erling Haaland close to completing Manchester City move from Borussia Dortmund
Haaland has scored 85 goals in 88 matches for Dortmund since joining from RB Salzburg in January 2020. Matthias Hangst | Getty Images Sport | Getty Images Erling Haaland is close to completing his move to Manchester City. Sources in Belgium have told Sky Sports News that Haaland completed a medical at Hospital Erasme in Brussels on […]
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