Tag: cent
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Stocks rebound as Mideast mediation pushes oil lower
July 21 : Global stocks rose on Tuesday as oil prices retreated from a one-month high on mediation efforts in the Middle East, and investors braced for corporate earnings that will test an AI trade that is under pressure.Yemen’s Iran-aligned Houthis said they would impose a naval blockade on Saudi Arabia, a
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Dollar wavers as markets grapple with Gulf tensions
(Refiles to fix typo of wavers in headline)By Jiaxing LiHONG KONG, July 21 : The U.S. dollar hovered near a one-week high on Tuesday, with markets torn between conflicting Middle East signals, as hostilities in the region stoked renewed fears over energy supplies while hopes for a ceasefire offered so
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Japan’s Nikkei rallies after steep decline as focus turns to tech results
TOKYO, July 21 : Japan’s Nikkei share average rose on Tuesday as markets reopened after a holiday and investors seized on bargains following the gauge’s steepest weekly selloff in more than a year.The benchmark Nikkei 225 advanced 1.25 per cent to 64,945.96 in early trading, recovering part of its 6.4 per cen
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South Korean economy likely slowed in Q2 after robust Q1 growth: Reuters poll
BENGALURU, July 21 : South Korea’s economy likely grew at a much slower pace in the second quarter compared to the first three months of the year, as robust export growth was offset by weakening domestic demand, a Reuters poll of economists showed.Asia’s fourth-largest economy expanded by a seasonally adjuste
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Bonds unsettled as oil and gas climb, earnings loom for AI
SYDNEY/LONDON, July 20 : The escalating conflict in the Gulf lifted oil and gas prices on Monday, fanning fears of inflation, sending bonds lower and leaving stocks on edge as a packed week of major tech earnings is set to further test the artificial intelligence trade.Brent crude climbed above $90 a barrel f
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Shares unsettled as oil climbs, earnings loom for AI
SYDNEY, July 20 : Shares slipped with bonds on Monday as the escalating conflict in the Gulf lifted oil prices and fanned fears of inflation, while a packed week of major tech earnings will further test investor faith in the artificial intelligence trade.Brent crude climbed above $90 a barrel for the first ti
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Asia shares shaky as oil climbs, earnings loom
SYDNEY, July 20 : Asian share markets slipped on Monday as the escalating conflict in the Gulf lifted oil prices and fanned fears of inflation, while a packed week of major tech earnings will further test investor faith in the AI trade.Brent crude climbed above $90 a barrel for the first time in more than…
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Asia shares hesitant as oil climbs, earnings loom
SYDNEY, July 20 : Asian share markets were hesitant on Monday as the escalating conflict in the Gulf lifted oil prices and fanned fears of inflation, while a packed week of major tech earnings will further test investor faith in the AI trade.Brent crude climbed 3 per cent to cross $90 a barrel for the…
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Chip stock pullback sparks worries about AI rally strength, leveraged trades
July 17 : A brutal week for chip stocks — the same names that fueled this year’s blistering market rally — has left investors from Seoul to Silicon Valley asking whether the AI boom became over-leveraged and got ahead of itself.Investors from Asia to Europe pulled back from AI-exposed stocks and so-called
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Dollar holds steady on safe-haven demand, ends down on the week
NEW YORK, July 17 : The dollar was flat on Friday, but ended the week lower as tame U.S. inflation data led traders to cut bets on imminent rate hikes from the Federal Reserve. Iran and the United States exchanged intensifying fire in a week-long escalation that has largely unravelled last month’s truce, s
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