Global Markets-Asia Shares Firm as Upbeat China Data Bucks the Bears
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Asian shares crept higher on Monday as Chinese economic data surprised on the high side, challenging assumptions the giant economy was locked into in a downturn although falling mainland house prices remained a nagging worry. …
Astrazeneca Says It Will Start Profiting from Its Vaccine.
The drug maker AstraZeneca has been selling its coronavirus vaccine at not-for-profit prices during the pandemic, as part of a promise to rollout the vaccine at cost through the crisis. …
Malaysia’s Economy Slumps in Q3, Outlook Sunnier as Pandemic’s Impact Fade
KUALA LUMPUR (Reuters) -Malaysia’s economy shrank 4.5% in the third quarter, contracting by more than expected after its rebound in the second quarter …
Indian Beauty Startup Nykaa Surges to near $13 Billion Valuation in Debut
Shares of cosmetics-to-fashion platform Nykaa made a blockbuster opening on Wednesday, valuing the Indian company at near $13 billion, in the latest startup listing after food delivery firm Zomato’s stellar debut in July. …
Samvat 2078 Starts on Positive Note. Experts Suggest Top 10 Trading Ideas for 3-5 Weeks
Experts said trades could continue to be rangebound in the coming days and if the Nifty 50 closes decisively above 18,000-18,100, then it may rally towards record high levels. …
India’s Oct Services Growth Strongest in Over a Decade, Input Costs Surge
India’s dominant services industry expanded at the fastest pace in more than a decade on improved domestic demand despite high inflation, …
Japan’s Nomura Slumps as Legacy Transaction Charge Hit Quarterly Profit
Shares in Nomura Holdings fell almost 8% on Monday, its biggest daily decline since March, after the Japanese brokerage reported worse-than-expected earnings due to a loss from transactions completed more than a decade ago. …
Joe Biden Faces a More Skeptical Global Audience at His First G20 as President
Rome (CNN)President Joe Biden will face a more skeptical global audience than his first day in Rome when he attends the Group of 20 Summit, …
PRECIOUS-Gold Poised For Weekly Gain As U.S. Bond Yields, Dollar Slip
Gold was set for a third straight weekly gain on Friday as weaker U.S. bond yields and dollar bolstered its appeal, with investors focussing on how the Federal Reserve responds to higher inflation and concerns over tepid economic growth. …
Delta Variant Likely Slammed Brakes on U.s. Economic Growth in Third Quarter
The U.S. economy likely grew at its slowest pace in more than a year in the third quarter as COVID-19 infections flared up, …
