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Asian markets resume rally on earnings hopes, trade optimism

WT24 Desk HONG KONG – Asian markets chalked up healthy gains Monday as investors cheered a strong start to the US earnings season, while Donald Trump’s treasury chief indicated trade talks with China were in their end-stage, AFP reports. The gains put a regional equities rally back on track after last week’sstutter, supported by data last week showing a sharp ...

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Does election outcome really alter stock market dynamics in India?

Given the recent volatility, investors may prefer low duration and ultra-short-term bonds. Ankur Maheshwari An election year is usually perceived to be a year of enhanced volatility for equity markets. Investors may get swayed by projections of possible election outcomes and may also be tempted to time the market.  However, it is important for long-term investors to decide on portfolio ...

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World stocks push higher on US bank results, Disney

WT24 Desk NEW YORK – Stock markets on both sides of the Atlantic pushed higher on Friday following strong earnings from JPMorgan Chase and the launch of a new Disney streaming service that wowed Wall Street, AFP reports. Wrong-footing financial sector watchers who had warned of a “not thatgreat” earnings season for banks, JP Morgan reported higher first-quarterprofits on Friday, ...

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Asian markets mixed after fluctuating through week

WT24 Desk HONG KONG – Asian markets were mixed Friday as volatile week drew to a close with investors preparing for the start of the corporate earnings season, AFP reports. With few fresh developments on the China-US trade talks, the rally thatcharacterised the first three months of the year appears to be running out of steam, while Donald Trump’s threats ...

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Uber reveals strong growth, huge losses ahead of IPO

WT24 Desk San Francisco — Uber is providing a look under the hood of its business in the lead-up to its hotly anticipated debut on the stock market, revealing strong growth but an ongoing struggle to overcome huge losses and repair its reputation, AP reports. Documents released Thursday offered the most detailed view of the world’s largest ride-hailing service since ...

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Stocks close week down

WT24 Desk Stocks finished the week down today with falling trends of all major price indices at Dhaka and Chittagong Stock Exchanges as the daily transactions declined amid volatility in large-cap securities, BSS reports. The broader DSEX of the DSE finished the week with 133.52 points down at 5,326.39. The blue-chip DS30 and Shariah DSES also followed the same trend ...

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Asian shares fall amid global tensions, worries about growth

WT24 Desk Tokyo — Asian shares fell Wednesday following a slide on Wall Street amid growing tensions between the U.S. and the European Union and a dim forecast on global economic growth, AP reports. Japan’s benchmark Nikkei 225 dropped nearly 0.8% in morning trading to 21,635.16. Australia’s S&P/ASX 200 slipped nearly 0.1% to 6,217.30. South Korea’s Kospi lost 0.2 % ...

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Share rally cools as Trump turns trade heat on Europe

MSCI Asia-Pacific hits 8-month high as Chinese shares rise WT24 Desk LONDON – April’s stocks rally risked running out of puff on Tuesday, as a U.S. threat to slap tariffs on hundreds of European goods and expectations of another chunky chop to the IMF’s global growth forecasts tested investors’ stamina, Reuters reports. Asia had eked out a 8-month high overnight ...

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Asian markets mixed after strong US jobs data, eyes on Brexit

WT24 Desk HONG KONG – Asian markets were mixed Monday but investors remain broadly upbeat after a strong US jobs report that eased concerns about the world’s top economy, while the pound edged up at the start of another crucial week in the Brexit saga, AFP reports. The gains built on last week’s rally that was fuelled by optimistic tonesfrom ...

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