World Markets
Asia markets set for a breather after last week’s rally; inflation data and central bank decisions on deck
Finished utility hole covers and frames stored for shipment at the Ito Tekko Co. foundry in Kawaguchi, Saitama Prefecture, Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were largely set for a lower open on Monday after a week that saw markets rally. Traders in Asia will watch out for central bank releases this week, […]
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Europe stocks higher to round off winning week; Sterling gains after slew of UK data
A balcony above a trading floor inside the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023. Nathan Laine | Bloomberg | Getty Images LONDON — European markets were higher Friday, rounding off what’s set to be a winning week for global stocks. The pan-European Stoxx 600 index was up 0.2% at […]
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Asia-Pacific markets set to track Wall Street rally; South Korea and Singapore trade data on deck
Buildings in the central business district in Singapore, on Wednesday, Feb. 14, 2024. Singapore’s economy expanded by a slightly more modest pace than initially expected in 2023, as manufacturing activity contracted and services growth slowed. Nicky Loh | Bloomberg | Getty Images Asia-Pacific markets were set to round off the week higher, tracking gains on […]
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European markets higher as investors digest UK growth, cooler-than-expected U.S. inflation
The London skyline. Vuk Valcic Sopa Images | Lightrocket | Getty Images LONDON — European stocks were higher Thursday, maintaining the week’s positive momentum as investors digest cooler-than-expected inflation readings in the U.S and U.K. The regional Stoxx 600 index was up 0.2% at 9:38 a.m. in London, with healthcare stocks leading gains, up 0.5%. […]
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Asia-Pacific markets mostly climb as Japan’s GDP growth beats expectations; China economic data on deck
Shipping containers are loaded onto an international freighter at the international cargo terminal in Tokyo. Yoshikazu Tsuno | AFP | Getty Images Asia-Pacific markets were largely rose on Thursday after Japan’s GDP growth beat expectations, and also tracking Wall Street stocks that rose overnight after U.S. inflation data met market expectations. U.S. consumer prices increased 2.9% […]
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World’s largest sovereign wealth fund posts $138 billion in first-half profit as AI demand boosts tech
The Norges Bank, Norway’s central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023. Bloomberg | Bloomberg | Getty Images Norway’s massive sovereign wealth fund on Wednesday posted first-half profit of 1.48 trillion kroner ($138 billion), primarily driven by robust returns on its investments in technology stocks. The so-called Government Pension Fund Global — the […]
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Video game industry faces sluggish growth in 2024 amid weak console sales, research firm says
Analysts are expecting Nintendo to release a successor to its hit Switch console in its fiscal year 2025. Guillaume Payen | Sopa Images | Lightrocket | Getty Images The global video game market is set for sluggish annual growth this year amid weak sales of gaming consoles, according to a new report from market research […]
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Asia-Pacific markets set to continue winning run as U.S. producer prices rises less than expected
The upscale shopping district of Ginza in Tokyo, Japan, on Saturday, May 4, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets are set to continue gaining on Wednesday after producer prices in the U.S. came in lower than expected for July. The producer price index — a measure of wholesale inflation — increased 0.1% last month. […]
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