Economy

The U.S. stock market saw a positive shift on Friday, rebounding from losses in the prior session. Data revealed an improvement in consumer sentiment regarding inflation, leading to gains for the Nasdaq and S&P 500, setting them up for a fifth consecutive weekly increase. However, the Dow was poised to end its five-week rally following
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Asian markets experienced a downturn on Thursday as investors grappled with the impact of major economies choosing to adopt a cautious approach towards monetary easing amidst concerns of persistent inflation. The MSCI’s broadest index of Asia-Pacific shares outside Japan dropped by 0.57%, with Australia’s S&P/ASX 200 index witnessing a decline of 0.8%. The reluctance of
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Recently, the Financial Conduct Authority (FCA) in the UK has granted approval to WisdomTree to list exchange-traded products (ETPs) that are backed by cryptocurrencies like Bitcoin and Ether on the London Stock Exchange. This decision has sparked a lot of discussions and speculations among investors and regulatory bodies alike. The approval of these ETPs comes
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Elon Musk’s arrival on the Indonesian island of Bali marks the beginning of a potentially transformative project for the country. The planned launch of SpaceX’s Starlink internet service has the Indonesian government hopeful for increased internet penetration and improved health services in remote areas of the archipelago. Chief investment minister Luhut Binsar Pandjaitan’s meeting with
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