business news

China’s President Xi Jinping Urges Positive Outlook on Development for Improved Relations with US, Says Official Release

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China’s President Xi Jinping Urges Positive Outlook on Development for Improved Relations with US, Says Official Release

China’s President Xi Urges Positive Outlook on China’s Development for Improved Bilateral Relations China’s President Xi Jinping meets U.S. Secretary of State Antony Blinken at the Great Hall of the People in Beijing on April 26, 2024. Mark Schiefelbein | Afp | Getty Images Understanding the Importance of China’s Development for Improved Relations Chinese President … Read more

Big Tech Names Alphabet and Microsoft Drive Stock Market Rally on Strong Earnings – S&P 500 and Nasdaq Futures Surge

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Big Tech Names Alphabet and Microsoft Drive Stock Market Rally on Strong Earnings – S&P 500 and Nasdaq Futures Surge

Breaking News: Big Tech Stocks Surge on Strong Earnings Breaking News: Big Tech Stocks Surge on Strong Earnings Overview Traders on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock Futures Rise as Alphabet and Microsoft Impress S&P 500 futures rose on Friday as technology giants Alphabet and Microsoft … Read more

Bank of Japan Keeps Policy Rate Unchanged After Monetary Policy Meeting: Inflation Forecast Raised, GDP Growth Forecast Lowered

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Bank of Japan Keeps Policy Rate Unchanged After Monetary Policy Meeting: Inflation Forecast Raised, GDP Growth Forecast Lowered

Bank of Japan Keeps Policy Rate Unchanged Despite Lower-than-Expected Inflation The Bank of Japan (BoJ) decided to maintain its policy rate of 0%-0.1% following its monetary policy meeting. A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images Policy Rate … Read more

March’s PCE Inflation Gauge to be Released on Friday by Fed

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March’s PCE Inflation Gauge to be Released on Friday by Fed

Latest News Fed’s preferred inflation gauge for March will be out Friday The personal consumption expenditures price index will be due on Friday morning, giving the Federal Reserve a detailed glimpse into the latest inflation metrics. For March, economists polled by Dow Jones anticipate headline PCE grew 0.3% from the prior month and by 2.6% … Read more

European Stocks Open Lower, Nikkei 225 Falls 2%: Market Updates

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European Stocks Open Lower, Nikkei 225 Falls 2%: Market Updates

South Korea’s Q1 GDP Climbs 3.4%: Fastest Quarterly Growth Since Q4 2021 South Korea’s economy demonstrated robust growth in the first quarter of 2024, beating economists’ expectations. The country’s Gross Domestic Product (GDP) expanded by an impressive 3.4%, marking its highest quarterly growth rate since the fourth quarter of 2021. On a quarter-on-quarter basis, the … Read more

iCapital’s Anastasia Amoroso Predicts S&P 500 to Reach 5,500 by Year’s End

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iCapital’s Anastasia Amoroso Predicts S&P 500 to Reach 5,500 by Year’s End

Google New Website Article The S&P 500 Could Reach 5,500 by Year’s End, Expert Says iCapital’s Anastasia Amoroso sees S&P 500 ending at 5,500 this year iCapital chief investment strategist Anastasia Amoroso believes that there’s a good chance the S&P 500 could rise to 5,500 by year’s end. This target would mark an 8% increase … Read more

European Stocks Open Higher After FTSE Notches Another Record Close

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European Stocks Open Higher After FTSE Notches Another Record Close

European stocks open higher after FTSE notches another record close An Hour Ago European stocks opened slightly higher on Wednesday, with the benchmark Stoxx 600 index up 0.2% by 8:50 a.m. London time. The U.K.’s FTSE 100 climbed 0.4% after recording another record close on Tuesday, while France’s CAC 40 was 0.1% lower, and Germany’s … Read more

Ukraine Faces Delay in Receiving U.S. Weapons, Heightening Vulnerability

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Ukraine Faces Delay in Receiving U.S. Weapons, Heightening Vulnerability

New Aid Package for Ukraine Faces Delays It could take weeks for Ukraine to receive U.S. weapons — time it doesn’t have A $61 billion U.S. military aid package for Ukraine is close to being approved by the U.S. Senate before being signed into law by President Joe Biden, but it could take weeks for … Read more

Singapore’s headline inflation rate falls to lowest level since September 2021

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Singapore’s headline inflation rate falls to lowest level since September 2021

Singapore’s headline inflation rate falls to lowest since September 2021 Singapore’s headline inflation rate fell to its lowest since September 2021, coming in at 2.7% for March. This was lower than the 3.4% rate in February and also below the 3% expected by economists polled by Reuters. The city-state’s core inflation rate – also known … Read more

Europe stocks open higher as FTSE hits record high, Chinese bubble tea company Chabaidao tumbles 30%, yen hits fresh 34-year low, and Australia’s business activity expands

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Europe stocks open higher as FTSE hits record high, Chinese bubble tea company Chabaidao tumbles 30%, yen hits fresh 34-year low, and Australia’s business activity expands

Breaking News Article Europe stocks open higher as FTSE hits record high An hour ago Europe’s stocks have shown positive signs as trading began today, with the noteworthy Stoxx 600 index experiencing a 0.5% rise by 8:40 a.m. London time. Additionally, the FTSE 100 of the United Kingdom has reached an all-time intraday high after … Read more