LONDON (Reuters) – Global stocks stagnated near a four-month high on Friday and the metallic copper industrialist dragged on its longest weekly winning streak in nearly three years as coronavirus nerves persisted in the recent recovery. FILE PHOTO: A street cleaning agent passes by the London Stock Exchange Group building …
Read More »Asian stocks peak four months as US and Chinese recoveries accelerate
TOKYO (Reuters) – Asian stocks jumped to a four-month high on Friday due to strong US payroll data and a rapid pickup in activity in the Chinese services sector, but a rise in cases of Coronavirus in the United States kept control of gains stronger. FILE PHOTO: The Shanghai Stock …
Read More »GLOBAL MARKETS: Asian stocks hit 4-month high as recoveries from US and China accelerate
* Shanghai stocks hit 14-month high in service sector recovery * US payrolls jump 4.8 million, but obstacles remain ahead * Increased US COVID-19 cases threaten US recovery * Asian Stock Markets: tmsnrt.rs/2zpUAr4 By Hideyuki Sano and Imani Moise TOKYO / NEW YORK, July 3 (Reuters) – Asian stocks climbed …
Read More »Asian stocks peak four months as US and Chinese recoveries accelerate
TOKYO / NEW YORK (Reuters) – Asian stocks rose to a four-month high on Friday due to strong data from the US payrolls taking. FILE PHOTO: The Shanghai Stock Exchange Building in the Pudong Financial District in Shanghai, China, February 28, 2020. REUTERS / Aly Song MSCI’s broader Asia-Pacific index …
Read More »Australia announces $ 186 billion in defense spending amid mounting tensions in the Indo-Pacific
Speaking at the Australian Defense Force Academy in Canberra on Wednesday, Prime Minister Scott Morrison said Australia is facing its toughest international situation since the pre-WWII period. “We need to … prepare for a post-Covid world that is poorer, more dangerous and more disordered,” Morrison said. While Morrison avoided directly …
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