Category: Grow
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Asia FX muted after mixed China PMIs, dollar dips as rate cut bets grow By Investing.com
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Investing.com — Most Asian currencies held tight ranges on Monday, as sentiment toward the region was weighed down by weak Chinese trade data, while the dollar fell amid some growing bets on interest rate cuts. A sharp downward revision to Japan’s first-quarter GDP growth also kept sentiment towards Asia largely…
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What does it take for stocks to grow?
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When investors add stocks to their portfolios, they expect their value to rise. But what is driving this growth, or more precisely, what needs to happen for stocks to rise? Traditionally, the key has been a strong quarterly or annual report that beats analyst forecasts or the company’s earnings or…
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China’s manufacturing surges, Caixin PMI shows, but global risks grow By Reuters
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BEIJING (Reuters) – Factory activity in China grew at the fastest pace in nearly two years in May thanks to gains in production and new orders, especially at small businesses, a private sector survey showed on Monday, raising expectations for the second quarter. The Caixin/S&P Global Manufacturing PMI rose to…
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A global labor shortage will send tech stocks soaring, with the sector poised to grow to 50% of the total stock market, Fundstrat says
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Cindy Ord/Getty Images A global labor shortage of about 80 million workers will send technology stocks heading parabolic, according to Fundstrat’s Tom Lee. The technology sector will eventually make up 50% of the S&P 500, Lee said Wednesday. “I believe AI is already addressing the global labor shortage of about…
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Close to 1 in 2 Thais Worried About Being Scammed As Real-Time Payment Risks Grow By Investing.com
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45% of Thais are more concerned about being tricked into paying a criminal BANGKOK–(Business Wire/AETOSWire)–(NYSE: FICO) Highlights Payment fraud is the top financial crime that worries 45% of Thais Concerns about identity theft remain, with 61% believing they have been or may have been victims 36% of Thai consumers consider…
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Gold prices tread water as rate fears grow ahead of nonfarm payrolls By Investing.com
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Investing.com — Gold prices moved slightly in Asian trade on Friday, as markets remained hesitant towards the yellow metal ahead of the release of key US jobs data, while the possibility of higher interest rates for a longer period puts gold on track for weekly losses. The yellow metal has…