Tag: billion
The Commodities Feed: Sanctions Push Oil Higher
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Energy – US Tightens Sanctions on Iranian Oil Exports Oil prices saw a significant rally yesterday, with ICE Brent crude closing more than 1.7% higher...
Libya’s Economy Under Strain as Foreign Currency Sales Skyrocket Amid Falling Oil Revenues
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TRIPOLI – Libya’s foreign currency sales have surged dramatically, far outpacing the country’s declining oil revenues, raising concerns over financial stability and foreign exchange...
Hong Kong Stocks End 5-Day Slip on Surge in Mainland Markets
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Hong Kong stocks made a strong rebound on Friday morning, recovering from a 907-point loss over the past five trading days. The Hang Seng...
Chinese Tech Stocks Surge $439 Billion as U.S. ‘Mag Seven’ Struggles
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Chinese tech giants have rallied by $439 billion this year, outpacing their U.S. counterparts, with many investors believing this momentum could continue. An equal-weighted...
China’s AI Breakthroughs Spark Stock Market Frenzy as Alibaba Surges
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China’s latest artificial intelligence advancements have triggered a stock market rally, propelling technology shares to multi-year highs and fueling investor optimism. On Thursday, Alibaba Group...
From Boom to Gloom: India’s Middle Class Faces Uncertainty Amid $900 Billion Market Rout
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Two years ago, Rajesh Kumar, an engineer from Bihar, shifted his savings from fixed deposits to mutual funds, stocks, and bonds on the advice...
Domestic Mutual Funds Fill Gap Left by Foreign Investors Exiting Indian Equities
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The Indian equity market has experienced a significant shift, as Foreign Portfolio Investors (FPIs) reduce their holdings, driving their ownership in Indian equities to...
Asia Stocks Muted Amid Tariff Jitters; Alibaba Fuels Hong Kong Rally
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On Friday, Asian stocks showed a muted response as concerns over U.S. trade tariffs and the prospect of higher-for-longer interest rates continued to weigh...
ASX Stocks That May Be Trading Below Their Estimated Value in February 2025
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The Australian market, particularly the ASX200, has faced some challenges recently, including fluctuations in consumer discretionary and banking stocks. However, sectors like Utilities and...
DeepSeek Rally Sparks Capital Raising Surge Among Chinese Tech Firms
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Chinese technology companies are seizing a newfound opportunity to raise capital, buoyed by a DeepSeek-driven rally that has propelled the sector's market value by...
Asian Stocks Drop, Hong Kong Tech Rally Pulls Back as Geopolitical Concerns Mount: Markets Wrap
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Equity markets across Asia experienced a decline on Thursday as rising concerns over shifting U.S. geopolitical priorities dampened risk sentiment. The Asian stock index...
Twilio Slumps in After-Hours Trading After Q4 Report Misses Estimates and Guidance Falls Short
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Shares of Twilio Inc. (NYSE: TWLO) tumbled 7% in after-hours trading on Thursday following the company’s release of its fourth-quarter results and its disappointing...