Alibaba, JD.com results underscore the slowdown in Chinese consumer demand
A person seen walking next to the Alibaba’s corporate logo, in front of its office building at Chaoyang Technology Park in Beijing, China.
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Markets
UBS second-quarter earnings 2024
Swiss banking giant UBS on Wednesday smashed net profit expectations for the second quarter, amid cost-cutting steps and swelling revenue at the lender’s
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Japan Tankan, US PPI, South Korea unemployment
The upscale shopping district of Ginza in Tokyo, Japan, on Saturday, May 4, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets have extended
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Wholesale inflation measure rose 0.1%
A key measure of wholesale inflation rose less than expected in July, opening the door further for the Federal Reserve to start lowering
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U.S. inflation, Japan CGPI; Singapore GDP
The momentum in Japan markets were largely driven by the country’s technology and financial sector. Doctoregg | Moment | Getty Images Japan’s major
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Adani Group shares fall after Hindenburg allegations against regulator
An aeroplane flies behind the Adani logo near a building construction site in Mumbai. Adani group is one of the India’s largest multinational
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India inflation and industrial data in focus
A money lender counts Indian rupee currency notes at his shop in Ahmedabad, India. Amit Dave | Reuters Asia-Pacific markets opened higher on
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Why tech companies are shopping for nuclear power for data centers
A cooling tower at the Constellation Nine Mile Point Nuclear Station in Scriba, New York, US, on Tuesday, May 9, 2023. Lauren Petracca
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10-year Treasury yield dips as traders weigh state of U.S. economy
U.S. Treasury yields were lower Friday as investors continued to assess the state of the U.S. economy after labor data buoyed sentiment. The yield
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Jeremy Siegel backs off on calls for Fed to do an emergency rate cut
Jeremy Siegel Scott Mlyn | CNBC Wharton School Professor Jeremy Siegel no longer thinks it’s vital for the Federal Reserve to implement an
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