US, European stocks extend gains on interest rate outlook
Stock markets rose for a second day Wednesday after slowing US inflation and retail sales raised hopes of a soft landing for the American economy.
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Daily TribuneTopic
Stock markets rose for a second day Wednesday after slowing US inflation and retail sales raised hopes of a soft landing for the American economy.
· 2 MIN READ
Equities surged Wednesday and the dollar struggled after slower-than-forecast US inflation was seen as all but putting to bed any chance of another interest…
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Wall Street stocks finished mixed on Monday while European markets recovered from heavy selling last week, as traders awaited key US inflation data amid…
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South Korean stocks surged Monday after authorities imposed an eight-month ban on short selling, with officials citing "illegal shorting practices"…
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Markets rallied again Monday following another strong performance on Wall Street, as below-forecast US jobs data fanned optimism that the Federal Reserve had…
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Equities extended a global rally Friday as investors were caught up in a wave of optimism that the Federal Reserve has finished its cycle of interest rate…
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Asian finance hub Hong Kong halted trading at its stock exchange on Monday and closed schools after Typhoon Koinu generated torrential rainfall overnight.
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Asian markets fell across the board Wednesday following Wall Street's lead after robust US employment data and rising Treasury yields exacerbated fears that…
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Tech One Global Philippines has won the 2023 Microsoft Philippines Country Partner of the Year Award for demonstrating innovation and implementing customer…
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Asian stocks sank Thursday and the dollar advanced after the Federal Reserve indicated it could hike interest rates again this year and keep them elevated…
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Global stock markets rose while the Euro slid on Thursday after the European Central Bank (ECB) signaled its latest interest rate hike could be its last.
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The global debt burden remains well above its pre-pandemic levels despite declining as a proportion of economic output last year, the International Monetary…
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Oil prices jumped Tuesday after Russia and Saudi Arabia extended cuts to supplies, while stocks slid on worries this could fuel inflation and hobble growth.
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Underneath the calm turquoise waters off eastern Thailand, a rapidly spreading disease is killing corals over vast stretches of the sea floor, and scientists…
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The European Union reached an agreement Tuesday to ban the import of products including coffee, cocoa, and soy in cases where they are deemed to contribute to…
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To offset the impact of the PSA suspension, SMC has offered the 1,200-MW capacity of its Ilijan Plant exclusively to Meralco. SMC president Ramon S. Ang said…
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The energy crisis is fueling an acceleration of the rollout of renewable power, raising hopes for efforts to meet ambitious targets against global warming, the…
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The Philippine Peso on Friday, 2 December, closed the day at P55.74 versus the US Dollar.
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