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Traders in Wait-and-See Mode Before US CPI, Fed: Markets Wrap
Business

Traders in Wait-and-See Mode Before US CPI, Fed: Markets Wrap

Posted on: June 12, 2024June 12, 2024

European equities contracts rose slightly, but Asian stocks declined as traders remained cautious ahead of

Zero-Coupon Bond Pile Balloons to Near Half-a-Trillion Dollars
Business

Zero-Coupon Bond Pile Balloons to Near Half-a-Trillion Dollars

Posted on: June 12, 2024June 12, 2024

According to strategists at Barclays, the amount of zero-coupon Treasury bonds outstanding reached a

Morning Bid: China CPI lands ahead of U.S. CPI, Fed double whammy
Business / Focus

Morning Bid: China CPI lands ahead of U.S. CPI, Fed double whammy

Posted on: June 12, 2024June 12, 2024

Asian markets face hurdles before potentially significant day on Wednesday with U.S

Boeing sales tumble as the company gets no orders for the 737 Max for the second straight month
Business

Boeing sales tumble as the company gets no orders for the 737 Max for the second straight month

Posted on: June 12, 2024June 12, 2024

In May, Boeing faced another disappointing month as it received orders for only four new planes.

US weighs more limits on China’s access to AI chips, Bloomberg reports
Business

US weighs more limits on China’s access to AI chips, Bloomberg reports

Posted on: June 12, 2024June 12, 2024

According to Bloomberg News, the Biden administration is contemplating imposing additional restrictions on China’s access

Chinese Shares Drag Asia Lower on Growth Headwinds: Markets Wrap
Business

Chinese Shares Drag Asia Lower on Growth Headwinds: Markets Wrap

Posted on: June 11, 2024June 11, 2024

Chinese stocks were the biggest losers in the Asian equities market due to worries about the struggling property sector and uncertain growth prospects.

Daiwa Securities to Buy Aozora Bank Stake From Activist Fund
Business

Daiwa Securities to Buy Aozora Bank Stake From Activist Fund

Posted on: June 11, 2024June 11, 2024

Daiwa Securities Group Inc. has announced its acquisition of a stake in Aozora Bank Ltd. from a fund

Asia stocks range-bound as EU politics adds new risks
Business

Asia stocks range-bound as EU politics adds new risks

Posted on: June 11, 2024June 11, 2024

Asian stocks traded within a narrow range on Tuesday as investors weighed the implications of recent political developments in European markets.

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