Sat, April 27, 2024

Stock Markets

French head office of Huawei Technologies

Huawei Suspended from Google’s Business following Trump’s Blacklist

HUAWEI – On Sunday, news reports broadcasted the suspension of Google’s business with Huawei, such as transferring hardware, software and technical services, as the Chinese technology company was attacked by the U.S. government and warned to be blacklisted around the world. On the flip side, services that involve open-source licensing are unrestrained. A Google spokesperson …

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Wibest Broker- Asian Market: A hand holding a piece of paper with stocks being seen on the background.

Asian Market: Asian Stocks Advance

ASIAN MARKET- On Tuesday, after the rally on the previous day, Asian markets strengthened in the morning trade. Both China’s Shanghai Composite and Shenzhen Component strengthened 0.2% on trading. At the same time, Hong Kong’s Hang Seng Index rose 0.1%. After poll’s displayed the country’s manufacturing activity unexpectedly rebounded in March, almost 3% of Chinese stocks ascended on Monday. …

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Wibest Broker-Share Market News: Closeup shot of a finger pointing at graphs on stock market chart

Share Market News: Stocks Tumble on Another Brexit Vote

SHARE MARKET NEWS – Asian stock markets weakened on Wednesday on the pessimistic mood prevailing among markets as the British pound waited for yet another crucial parliamentary vote on Brexit. Sentiment has been dominantly risk-off after British lawmakers trampled Prime Minister Theresa May’s European Union separation deal. The decision compelled the parliament to decide within …

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Southeast Asian stock markets closed with gains

Asian Market: Stocks Higher after MSCI Announcement

ASIAN MARKET – Asian stocks were higher on Friday after index publisher MSCI announcement which said it would increase the weighting of Chinese mainland shares in its benchmarks that measure stock performances globally. Meanwhile, the dollar benefited from robust economic data. The MSCI index said that it would increase four times the weightings of China’s …

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Stocks around the world, Asian stock markets trade higher

Asian Market: China Stocks Rise after Trump Tariff Delay

ASIAN MARKET – Asian stocks experienced a China-led rise on Monday after US President Donald Trump announced that he would delay planned hikes in tariffs on Chinese imports. Negotiations between the two economic superpowers have made “substantial progress,” Trump said. Last Sunday, Trump tweeted announced that he would delay the scheduled tariff hikes supposed to …

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novartis building shot from the outside

Novartis CEO Praises Trump for Rebate Policies

Novartis AG prescription drug prices have been “flat to negative” over the last three years because of high costs for US patients on middlemen tasked to manage drug benefits, according to the company’s chief executive Vas Narasimhan. During an interview, the 42-year-old US doctor who has led the Swiss drugmaker since February 2018 expressed his …

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Alphabet' Google ads app on the screen of smartphone

Alphabet Stocks down on Worries over Spending

Investors sent Alphabet Inc.’s shares down about 3 percent after hours on Monday after the tech company reported a markedly higher fourth-quarter spending on video content, employees, and facilities. Google’s parent company beat Wall Street’s estimates for revenue and profit. However,  the higher reported spending compelled investors to question whether the money poured on Alphabet’s …

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asian stocks a man looking at sheet for asian stocks

Asian Stocks Edge Up on Wall Street Strength

Asian stocks inched up in subdued trade on Thursday after Wall Street ended higher, but political uncertainty in the United States and concerns about weakening global economic growth kept many investors on the sidelines. Financials spreadbetters expect London’s FTSE, Frankfurt’s DAX, and Paris’s CAC to slip slightly when trade session open, with investors awaiting news …

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