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GBP/USD Price Continues Downward Correction – Forecast for March 27, 2025
The GBP/USD exchange rate dipped further in the latest intraday trading on March 27, 2025, maintaining its downward correctional trend. The pair is currently...
HK Stocks Show Resilience Amid Global Uncertainty; “High Elasticity + High Div” Strategy Recommended
A report by BOCOM International (BOCOMI) has highlighted the ongoing resilience of Hong Kong stocks despite global uncertainties, particularly the pressures faced by U.S....
The Commodities Feed: Sanctions Push Oil Higher
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...
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Markets React as Powell Dismisses Recession Fears, USD Slips
Global markets saw a positive shift overnight as Federal Reserve Chair Jerome Powell reassured investors that recession...
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Libya’s Economy Under Strain as Foreign Currency Sales Skyrocket Amid Falling Oil Revenues
TRIPOLI – Libya’s foreign currency sales have surged dramatically, far outpacing the country’s declining oil revenues, raising...
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Australia’s Job Market Decline Fuels Rate-Cut Speculation
SYDNEY – Australia’s labor market took an unexpected hit in February, with employment plunging by 52,800 jobs,...
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Morning Bid: Looking at the bright side of markets
A look at the day ahead in markets from Sujata Rao It's a pretty eventful day in markets. U.S. 10-year yields are back above 3%,...
Telecom Italia aims to maximise value, cut debt in break-up plan, CEO says
TRENTO, Italy (Reuters) -Telecom Italia's (TIM) will pursue a plan to split its landline network from its service operations to maximise asset value for...
Canada’s move to bulk up antitrust muscle may miss root of problem
TORONTO (Reuters) - Waves of industry consolidation over the decades have resulted in fewer choices for customers from telecoms to banking, with Canadians paying...
U.S. stock market rebound faces key inflation test
NEW YORK (Reuters) -A rally that lifted U.S. stocks from the brink of a bear market faces an important test next week, when consumer...
Erdogan says May figures show inflation is on downward trend
ANKARA (Reuters) - Turkish President Tayyip Erdogan said on Sunday that inflation figures from the month of May, when annual consumer prices jumped to...
Amgen drug extends survival in some inoperable colon cancers
The following are summaries of some of the cancer research advances being presented the annual meeting of the American Society of Clinical Oncology (ASCO)...
Musk backtracks on job cuts, says Tesla salaried staff to be ‘fairly flat’
Tesla Inc Chief Executive Elon Musk said on Saturday that the electric vehicle maker's total headcount will increase over the next 12 months, but...
UK says it will work with aviation industry to solve travel chaos
British transport minister Grant Shapps said on Sunday the government would work hard with the aviation industry to avoid a repeat of the chaos...
GUSH, LABD and CWEB among premarket gainers
Gainers: Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares ETF (GUSH) +14%.Direxion Daily CSI China Internet Index Bull 2x Shares...
Energy stocks keep climbing with crude prices as OPEC+ plan disappoints
Energy stocks (NYSEARCA:XLE) rose as crude oil posted a sixth straight weekly advance, after markets shrugged off OPEC's modest production boost that seems unlikely...
Bioengineered human heart developer Biolife4D files for $17M IPO
Biolife4D (SAVU), which is developing bioengineered human hearts for research and possible transplantation, has filed to hold a $17.3M initial public offering. The biotech company’s...
No new refineries likely ever built again in the U.S., Chevron CEO warns
Chevron (NYSE:CVX) CEO Mike Wirth said Friday that he does not expect another oil refinery will be built in the U.S. ever again, due...