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HPE share price up 1% despite Q2 results revenue miss

The IT services company’s stock is up despite worse-than-expected Q2 revenue. WT24 Desk HPE (Hewlett-Packard Enterprises) share price has increased since the information tech services company released a mixed Q2 earnings report. The spin-off corporation of HP (Hewlett-Packard) had high earnings, but disappointing revenue, IG reports. HPE earnings: key figures Earnings per share$0.42Revenue$7.15 billion HPE’s Q2 earnings up, but revenue down HPE’s ...

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Global stocks, oil edge higher on muted trade optimism

WT24 Desk LONDON – World stocks edged higher on Friday and oil prices recovered from bruising falls, after U.S. President Donald Trump nurtured muted hopes of progress in U.S.-China talks while concerns over trade and the health of the world economy persisted., Reuters reports. Trade tensions have roiled global markets this week with the MSCI All Country index up 0.2% ...

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Equities, pound and oil sink in Asia on trade and Brexit woes

WT24 Desk HONG KON– Asian equities tumbled Thursday as China-US trade frictions continue to dog investors, while the pound hit a fresh-four-month low on Brexit worries and energy firms were battered by plunging oil prices, AFP reports. Markets across the region were in the red as traders ran to the hills,with no signs of a break in the tariffs stand-off ...

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Tokyo stocks open higher after rebound in US shares

WT24 Desk TOKYO – Tokyo stocks opened higher on Wednesday following a rebound on Wall Street after the United States said it would delay a ban on Chinese telecom giant Huawei, AFP reports. The benchmark Nikkei 225 index was up 0.44 percent, or 93.01 points, at21,365.46 in early trade, while the broader Topix index was up 0.36 percent,or 5.51 points, ...

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Sensex spirals to record high in early trade on the back of exit polls

The benchmark BSE Sensex continued to rise for the second day on Tuesday following the exit poll predictions of an NDA win in Lok Sabha elections 2019. WT24 Desk The benchmark BSE Sensex jumped over 200 points to hit a record intra-day high of 39,565.82 as investors’ euphoria over exit poll outcome continued in early session on Tuesday. The 30-share index ...

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Most Asian markets up but trade row rumbles on

WT24 Desk HONG KONG – Most Asian markets rose Monday after Donald Trump showed signs of conciliation in his trade wars but investors remain on edge over the China-US standoff with some concerns that talks between the two have stalled, AFP reports. Sydney led gainers and the Australian dollar rallied after a shock win forthe business-friendly conservatives, while Japanese dealers ...

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The Stock Market Winners and Losers From Australia’s Election

Morrison’s Conservatives cling to office on economic record Builders, insurers, miners may rally as voters reject Labor WT24 Desk Prime Minister Scott Morrison has secured a third term in office for his Liberal-National coalition with a surprise election victory, after Australian voters rejected the Labor opposition’s progressive policy agenda, Bloomberg reports. The shock result has wide-ranging implications for a slew of ...

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Shares swoon as Beijing ramps up war of words

WT24 Desk LONDON – World share markets suffered a fresh bout of risk aversion on Friday after tough words on trade from China, while bets on a new pro-Brexit leader in Britain whipped the pound towards its worst week since October, Reuters reports. Europe’s bourses slipped 0.6% early on that seemed a minor blip after what had happened in Asia. ...

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Asian markets sink as Trump further stokes trade war fears

HONG KONG – Asian markets mostly fell Thursday as Donald Trump’s ban preventing US companies from using foreign telecoms equipment jolted investors who saw it as targeting Chinese providers and risking another flare-up in an already tense trade war, AFP reports. The president insisted the executive order, which he based on nationalsecurity grounds, was not aimed at any particular country, ...

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Asian markets tick up after Trump tweets but uncertainty remains

WT24 Desk HONG KONG – A series of tweets by Donald Trump playing up the chances of a trade deal with China provided a much-needed boost to Asian equities Wednesday but investors trod cautiously as analysts warned of more volatility to come, AFP reports. After more than doubling tariffs on $200 billion of Chinese goods lastweek — sparking a retaliation ...

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