Tag: market
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IMF chief urges cooperation on AI and war risks, as US hails economic momentum
BANGKOK, Oct 16 : The head of the IMF on Friday appealed to global leaders to cooperate in the face of multiple economic risks, including rapid advances in AI and a prolonged war in the Middle East, as Washington hailed what it sees as US-led economic momentum.Their contrasting views echoed throughout this ye
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Germany shifts toward tougher EU trade defenses as pressure from Chinese competition grows
Germany has long resisted tougher action against China, fearing retaliation. But rising pressure on key industries has pushed Berlin to seek stronger EU trade-defense powers to protect its industrial base.
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Can Nigeria’s car market make the leap to electric?
Nigeria wants 60% of its vehicles to be electric by 2050, but the road to that target is far from straightforward. The existing threats to that progress include high costs, scarce chargers, and unreliable electricity.
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Geely enters Canadian market, plans first vehicle sales in 2027
Oct 9 : Chinese automaker Geely Auto said on Friday it has entered the Canadian market and plans to introduce its first vehicles to consumers in 2027. • The company has started to establish local operations and develop a retail and service network, it said in a statement• Geely, which sells cars u
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AI-centered US stock bull market nears four-year anniversary
NEW YORK, Oct 9 : The US bull market is going strong as it nears its four-year anniversary, driven by an AI spending engine that is propelling corporate profits and economic growth.The S&P 500 is trading around record-high levels ahead of October 12, which will mark four years since the benchmark stock index
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Firmus $5 billion float failure deals blow to Australia’s shrinking share market
SYDNEY, Oct 9 : The collapse of Nvidia-backed data centre operator Firmus’ $5 billion IPO is a blow to Australia’s capital markets which are already facing a shrinking pool of listed entities, investors said.Australia’s benchmark share index is heavily skewed to the Big Four banks and huge mining companies, s
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Trading Day: Stocks, bonds in delicate dance
ORLANDO, Florida, Oct 7 : A sea of red swept across global stocks on Wednesday as the bond market selloff picked up again and lifted long-dated US yields to 24-year highs, although a strong 10-year Treasury auction and minutes of the Fed’s last policy meeting eased some of the upward pressure on borrowing costs.
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How can India bring green technology inventions to market?
India’s climate innovators are developing promising technologies. But funding, policy, partnerships and finding customers can determine whether they scale.
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Nifty: Five reasons India’s markets are sinking even when its economy is growing
The world’s fastest growing major economy has one of the worst performing major equity markets in 2026.
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Trading Day: Nasdaq highs, Brazil surprise
ORLANDO, Florida, Oct 5 : The Nasdaq surged to a fresh high on Monday, as earnings optimism and lower oil prices offset rising bond yields. The biggest moves of the day were in Brazilian assets, which logged historic gains after right-wing candidate Flavio Bolsonaro’s strong showing in the first round of voting in t
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