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Asian markets rally after US bounce as Nvidia comes into focus
Hong Kong (AFP) Nov 19, 2024 Asian markets rose Tuesday after a broadly positive day on Wall Street, with focus turning to the upcoming release of tech giant Nvidia's earnings, while traders also kept tabs on Donald Trump's picks for his new administration. Hong Kong and Shanghai were among the better performers in early action on hopes that China will unveil more stimulus after a raft of measures at the end of September aimed at kickstarting the economy, with an eye on the property sector. Equities have seen big swings sin ... read more |
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European stocks slide on fears of Russia-Ukraine escalationLondon (AFP) Nov 19, 2024 European stock markets slid Tuesday on fears of escalation in the Russia-Ukraine war after President Vladimir Putin broadened rules on his country's use of nuclear arms, analysts said. ... more 
G20 leaders talk climate, wars -- and brace for Trump's returnRio De Janeiro (AFP) Nov 19, 2024 G20 leaders on Tuesday were holding the final day of a summit that offered some impetus to stalled UN climate talks, diverged on wars in Ukraine and the Middle East - and foresaw global turbulence as Donald Trump readies to take over the US presidency. ... more
Divided G20 fails to agree on climate, UkraineRio De Janeiro (AFP) Nov 19, 2024 G20 leaders failed on Monday to break a deadlock in UN climate talks at a summit in Rio that was dominated by divergences over the war in Ukraine and Donald Trump's impending return to the White House. ... more 
Starmer hails importance of 'strong' UK-China ties in Xi meetingRio De Janeiro (AFP) Nov 18, 2024 Prime Minister Keir Starmer hailed the importance of a "strong UK-China relationship" while confronting Chinese President Xi Jinping over several contentious issues as the pair met Monday at the G20 summit in Brazil. ... more |
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Macron to press Milei on climate action, multilateralism in Argentina talksBuenos Aires (AFP) Nov 16, 2024 French President Emmanuel Macron will stress the importance of international action on climate change at talks Saturday with his right-wing Argentine counterpart Javier Milei who pulled his country out of the COP29 climate talks. ... more 
G20 tests Brazil's clout in Lula 3.0 eraRio De Janeiro (AFP) Nov 17, 2024 The G20 summit will be a diplomatic test for veteran President Luiz Inacio Lula da Silva who has boosted Brazil's global standing since returning to power but drawn fire for his positions on Ukraine and Gaza. ... more 
Keir Starmer to meet Xi Jinping at G20 summit Monday: UK PM's officeLondon (AFP) Nov 18, 2024 British Prime Minister Keir Starmer will meet China's Xi Jinping on Monday at the G20 summit in Rio de Janeiro, the premier's office said. ... more 
Markets swing after Wall St losses as traders weigh US rates outlookHong Kong (AFP) Nov 18, 2024 Asian markets were mixed Monday following a sell-off on Wall Street as investors scale back their bets on Federal Reserve interest rate cuts owing to worries Donald Trump could reignite inflation. ... more 
Markets struggle at end of tough weekHong Kong (AFP) Nov 15, 2024 Asian markets stuttered Friday as data showing a pick-up in Chinese consumption was offset by concerns about US interest rates after Fed boss Jerome Powell indicated a slower pace of cuts. ... more |
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South Korea's LG to pump extra $1 bn into Vietnam plant
Hanoi (AFP) Nov 15, 2024 South Korea's LG Display will inject another $1 billion into its factory in Vietnam, local authorities said Friday, pushing the firm's total investment in the country to more than $5.5 billion. The announcement comes as Vietnam looks to boost its appeal as an investment destination for international companies. A ceremony for a licence to increase capital for LG - whose products include TV, mobile and automotive displays - was held in the northern port city of Hai Phong on Thursday, a local off ... read more 
China retail sales pick up speed, beat forecasts in OctoberBeijing (AFP) Nov 15, 2024 China's retail sales last month grew at their fastest clip since the start of the year, official figures showed Friday, an encouraging sign for Beijing as it looks to boost sluggish consumption. ... more |
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Xi inaugurates South America's first Chinese-funded port in PeruLima (AFP) Nov 15, 2024 Chinese President Xi Jinping on Thursday inaugurated Latin America's first Beijing-funded port in Chancay, Peru - a symbol of the Asian superpower's growing influence on the continent as it prepares to face off with a new Donald Trump administration. ... more 
Workers stage walkout at US maker of Fallout video gameSan Francisco (AFP) Nov 14, 2024 Hundreds of US workers at the video game giant behind Fallout staged a one-day strike Wednesday over outsourcing and remote work policies, their labor union said. ... more 
Beijing's fears after Trump fills key posts with China hawksBeijing (AFP) Nov 14, 2024 Donald Trump's cabinet of China hawks have likened the nation's communist rulers to Nazis, levelled Covid conspiracies at them, declared a Cold War, and flagged much greater military support for Taiwan. ... more 
Biden, Xi arrive in Peru ahead of face-to-face at Asia-Pacific summitLima (AFP) Nov 14, 2024 US President Joe Biden and his Chinese counterpart Xi Jinping arrive Thursday in Lima for an Asia-Pacific summit overshadowed by the prospect of a world embroiled in trade wars under Donald Trump. ... more
Asian markets mixed as traders weigh Fed; bitcoin above $90,000Hong Kong (AFP) Nov 14, 2024 Asian markets diverged Thursday as investors digested US inflation data that supported the case for another interest rate cut next month but worries over the next Trump administration continued to cloud optimism. ... more |
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