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Alibaba’s long-awaited China stock link may provide timely boost
CHINESE investors finally being able to buy shares of Alibaba Group Holding may provide a much-needed boost for the e-commerce firm’s stock, with an inflow of up to about...
US: Wall Street opens higher on retail sales boost
WALL Street’s main indices opened higher on Thursday (Aug 15) as retail sales data for July indicated resilient consumer spending, allaying fears of an imminent recession in the world’s...
Asia: Markets extend gains as US inflation data boost rate hopes
EQUITIES marched higher on Wednesday (Aug 14) after hopes for a Federal Reserve interest rate cut next month were boosted by data showing US wholesale prices rose less than...
US: Wall St opens higher on PPI, Starbucks boost
Wall Street opened higher on Tuesday (Aug 13) after producer prices data showed abating inflation pressures, keeping the Federal Reserve on track to cut rates in September, while Starbucks...
Japan’s Nikkei surges 3.5% after boost from weak yen
Japan’s Nikkei share average surged 3.5 per cent on Tuesday (Aug 13), with tech shares leading the rally as sentiment got a boost from a weaker yen as traders...
Australian pensions boost investment in insurance for disasters
THE risks from the growing number of natural disasters offer Australia’s largest pension funds a chance to boost returns. Colonial First State, one of the nation’s biggest pension and...
Shipper Maersk sees growth slowing after Red Sea crisis boost
MAERSK expects global container shipping growth to slow from a strong start to the year, when customers soaked up goods to prevent them from being held up by Red...
Shopify beats estimates for quarterly results on AI boost, shares soar
SHOPIFY beat analysts’ estimates for second-quarter results and forecast upbeat sales growth as its AI-enabled tools attracted more merchants to its e-commerce services, sending its US shares up 17...
