World

The Asia-Pacific markets experienced a downward trend on Tuesday, following the decline in Wall Street overnight. Investors anxiously awaited the interest rate decision from the Reserve Bank of Australia later in the day, adding to the uncertainty in the markets. In Japan, household spending took a bigger hit than expected in December. It fell by
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Asia markets kicked off the holiday-shortened week with a mixed performance as investors eagerly awaited policy decisions from key central banks. The Reserve Bank of Australia and the Reserve Bank of India were the focus of attention, with monetary policy announcements expected later in the week. Moreover, private surveys on service sector activity in China
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The conflict between Russia and Ukraine has been ongoing for several years, resulting in the loss of countless lives and destruction of infrastructure. Recently, Russia accused Ukraine of carrying out a devastating attack on a bakery and restaurant in the Russian-controlled eastern region. This incident has once again raised questions about the brutality of war
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Northern Ireland’s parliament made history on Saturday by appointing an Irish nationalist as First Minister for the first time. This momentous occasion marks a significant milestone in a state established a century ago to ensure the dominance of pro-British unionists. Michelle O’Neill’s appointment comes as the result of a watershed 2022 election, reflecting the rise
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In the rapidly evolving world of technology, the race for dominance in the artificial intelligence (AI) market is intensifying. Advanced Micro Devices (AMD), the U.S. chip giant, is positioning itself to take on rivals such as Nvidia and Intel with its focus on AI-powered personal computers (PCs). Victor Peng, president of AMD, expressed confidence in
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In a notable fourth-quarter report, Meta, previously known as Facebook, exceeded both earnings and revenue expectations. The company reported earnings per share of $5.33, surpassing the expected $4.96 per share. Likewise, Meta reported revenue of $40.1 billion, beating the anticipated $39.18 billion. Meta’s user growth also showed positive signs, with both daily active users (DAUs)
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Wall Street reacted with disappointment to the quarterly results from Alphabet and Microsoft, despite both companies reporting revenue and earnings that exceeded expectations. This article digs deeper into the market’s reaction and analyzes the factors that led to the sell-off. Investors had priced the stocks of Alphabet and Microsoft for perfection, given their impressive performance
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