BANGKOK (AP) — Shares fell Friday in most Asian markets after China reported a stronger than expected rise in prices that could prompt authorities to act to cool inflation. Japan’s benchmark Nikkei 225 index rebounded after falling the day before. Shares declined in Hong Kong, Shanghai, Sydney and Seoul. On …
Read More » BEIJING (AP) — Asian stock markets followed Wall Street higher Thursday after Japan and South Korea reported unexpectedly strong economic data and President Joe Biden announced a $ 2.3 trillion U.S. infrastructure spending plan. Market benchmarks in Shanghai, Tokyo, Hong Kong and Sydney advanced. Japan’s closely watched Tankan survey found …
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Better-than-expected growth data gave the pound a boost on Wednesday, but that came at the expense of U.K. stocks, weighed by major oil companies and a poor debut for a highly anticipated initial public offering. U.K. gross domestic product rose 1.3% in the final quarter of 2020, versus the previous …
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The numbers: The flash reading of the IHS Markit U.S. composite purchasing managers index rose to 58.8 in February from 58.7 in the prior month. Any reading over 50 indicates improving conditions. It is the strongest reading in almost six years. What happened: The index for services rose to 58.9 …
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Advanced Micro Devices Inc. expects strong data-center and gaming sales to keep sales strong into 2021 after the chip maker topped $ 3 billion in quarterly revenue for the first time late Tuesday and its results and outlook both topped Wall Street estimates. AMD AMD, +0.62% reported fourth-quarter net income of …
Read More » Former coronavirus task force coordinator Dr. Deborah Birx said her job was hampered by misleading information and COVID-deniers within the White House. In a wide-ranging interview with CBS News’ “Face the Nation” on Sunday, Birx said “outside advisers” were feeding then-President Donald Trump a “parallel data stream.” “ “I saw …
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Kena Betancur/Agence France-Presse/Getty Images U.S. stocks were modestly lower in early action Friday, threatening to end a four-day winning streak, as investors sifted through October jobs data, continued to monitor election results, and weighed a surge in COVID-19 cases. What are major benchmarks doing? The Dow Jones Industrial Average DJIA, …
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SAN ANSELMO, CA – AUGUST 29: In this Photo Illustration, Twenty dollar bills sit in a wallet on August 29, 2017 in San Anselmo, California. The dollar fell to a two and a half year low to 91.77 Tuesday following the latest missile launch by North Korea. The U.S. dollar …
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Asian markets were mixed in early trading Monday, following a sharp selloff on Wall Street last week. Japan’s Nikkei 225 NIK, -0.49% dipped 0.3% while Hong Kong’s Hang Seng index HSI, -0.43% gained 0.1%. The Shanghai Composite SHCOMP, -1.87% declined 0.2% while the smaller-cap Shenzhen Composite 399106, -2.21% retreated 0.2%. …
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