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Argentina’s central bank announced on Thursday a dramatic cut in its benchmark interest rate, from 35% to 32%. This is the latest in a string of monetary measures by the…

Lululemon Athletica Inc (NASDAQ: LULU) is not very likely to command a higher multiple until it manages to lift its US sales, as per Anna Andreeva of Piper Sandler. The…

Uber Technologies Inc (NYSE: UBER) is in focus this morning after teaming up with WeRide to launch robotaxis in Abu Dhabi. WeRide is a self-driving startup that already holds permits…

Chinese stocks surged to their highest level in two weeks on Friday, driven by growing hopes of fresh stimulus measures ahead of the Central Economic Work Conference next week. The…

The US labor market is poised for a significant rebound in November, following October’s storm-induced slowdown. Economists are optimistic about a sharp recovery, with consensus estimates pointing to a net…

Goldman Sachs analyst Mike Harris expects the US steel industry to flourish under Donald Trump as the President of the United States.   Lower interest rates and steady demand will…

Asian stock markets rebounded sharply on Tuesday, led by gains in the tech sector after Wall Street hit record highs overnight. However, currency markets remained volatile as traders assessed diverging…

The yuan tumbled to its weakest level since November 2023, with both onshore and offshore trading seeing declines. This comes despite China’s central bank, the People’s Bank of China (PBOC),…

Indian benchmark indices extended their winning streak on Tuesday, with the BSE Sensex climbing 450 points (0.56%) to 80,699.04 and the Nifty50 gaining 126 points (0.52%) to trade at 24,402.…