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Tag: economic recovery

PSEI sustains upswing on Wall Street cues

The Philippine Stock Exchange Index (PSEi) rises by 1.23% following positive cues from Wall Street. Investor confidence remains high despite global uncertainties and steady interest rates from the Bangko Sentral ng Pilipinas.

Global stock indices mixed ahead of key inflation data

Global stock indices are showing mixed performance as markets await key inflation data. Investors are cautious, factoring in economic recovery, supply chain issues and central bank policies.

Sri Lanka seals debt deal with China, others after crash

Sri Lanka has secured a crucial debt restructuring deal with China and other nations, covering up to $10 billion in debt. This agreement is expected to revive the economy after the severe financial crisis in 2022, with a focus on sustainable economic practices and international cooperation.

Sri Lanka Reaches Deal on Debt Restructuring with Bilateral Creditors Including China and France

Sri Lanka has secured a debt restructuring deal with bilateral creditors, including China and France. This agreement aims to stabilize the nation's financial situation and facilitate sustainable economic growth.

Almost 80% of S&P 500’s Basic Materials Stock Hit 52-Week High in 2024

In 2024, nearly 80% of the S&P 500's basic materials stocks hit 52-week highs due to favorable market conditions, heightened demand, and strategic advancements. This growth is driven by post-pandemic recovery, technological progress, sustainability efforts, and geopolitical factors.

As Global Economies Diverge, Where Are The Investment Opportunities?

The article discusses the varied economic recovery patterns globally post-COVID-19, highlighting lucrative investment opportunities in tech, green energy, and digital transformation across different regions.

Rs 7 lakh crore profit in 10 days: The surge in PSU stocks

In just 10 days, PSU stocks surged remarkably, amassing a profit of Rs 7 lakh crore. This phenomenon was driven by favorable government policies, strong quarterly earnings, and improved investor sentiment, indicating a robust economic recovery in India.

Japan’s June Factory Activity Growth Unexpectedly Eases; Services PMI Shrinks

Japan's June 2023 economic analysis reveals a mixed scenario with the manufacturing sector experiencing an unexpected slowdown and the services sector continuing to contract, posing challenges for economic recovery.

Is A Stock Bubble Forming?

This article discusses the potential formation of a stock bubble in the current economic environment. It delves into signs of inflated stock prices, market indicators, and expert opinions, emphasizing the importance of cautious investment strategies.

Stock Market LIVE updates: Asian indices firm after Wall Street hits record high overnight

Asian indices are firm after Wall Street's record high, driving optimism across global markets. Key boosts from tech, healthcare, and consumer sectors are aiding this bullish trend. Investors are reassessing portfolios amid economic recovery and strong US data.

Watch live: Winston Peters takes control, delivers post-Cabinet press conference

Deputy Prime Minister Winston Peters steps up to deliver a significant post-Cabinet press conference, addressing key topics such as economic recovery, healthcare strategy, international relations, and environmental policies. His leadership during Prime Minister Luxon's absence highlights the stability and continuity of the government in addressing crucial national issues.

Asia Shares Push Higher; Aussie Firm Ahead of RBA Rate Decision

Asian shares show resilience as investors anticipate the RBA rate decision, with the Australian Dollar holding firm. This has spurred confidence in economic recovery across various Asian markets.