Tag: billion
Asian Stocks Reach 15-Month Peak Amid U.S. Inflation Concerns
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Asian markets reached a 15-month high on Monday amidst cautious anticipation of U.S. inflation data that could influence expectations for earlier interest rate adjustments....
Bank of America Survey Suggests More Yen Weakness Likely
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Bank of America Securities suggests that further weakness in the Japanese yen is likely, based on its latest foreign exchange and rates sentiment survey....
SoftBank Expected to Report Q4 Loss Despite Strong Tech Stock Performance
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SoftBank Group, the Japanese technology investor, is anticipated to report a return to losses in its upcoming earnings release on Monday, despite a robust...
UBS Analyzes Historical Trends to Forecast USD/JPY Movement
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Despite last week's official intervention, the Japanese yen struggles to sustain gains against the U.S. dollar, prompting UBS to anticipate a potential medium-term decline...
China’s April Crude Oil Imports Surge by 5.45% Compared to Previous Year
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China witnessed a notable increase in crude oil imports in April compared to the same period last year, as refiners geared up for a...
Japan’s Authorities Sound Caution Amidst Currency Fluctuations
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In response to recent rapid and speculative-driven movements in foreign exchange rates, Japan's top currency diplomat, Masato Kanda, issued a warning on Tuesday, suggesting...
Yen Weakens Despite Intervention Threat; Aussie Slips After RBA Decision
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On Tuesday, the Japanese yen extended its decline against the US dollar, influenced by substantial interest rate differentials, despite renewed warnings from Japanese authorities...
What index does China use?
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In the world of finance and economics, indices play a crucial role in tracking and measuring the performance of various markets, sectors, and asset...
China Vanke’s First Public Commercial REIT Debut Ends Flat
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China Vanke's inaugural public commercial real estate investment products closed unchanged on their debut on Tuesday, reflecting cautious sentiment towards China's second-largest developer amid...
Shell’s U.S. Crude Trading Division Rakes in Approximately $1 Billion Annually, Court Documents Reveal
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Financial particulars surrounding Shell's expansive oil and gas trading enterprise have long remained closely guarded. However, revelations stemming from a lawsuit filed by a...
Hong Kong Stocks Approach Bull Market Territory, Surge 20% from January Lows
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Hong Kong's primary stock index surged significantly on Monday, edging closer to entering a bull market phase as it continued its robust rebound from...
Does Web3 need crypto?
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Web3, often referred to as the decentralized web, represents the next evolution of the internet, where users have greater control over their data, digital...