Asia’s manufacturers are improving at the start of the year as the region becomes more optimistic about how China’s re-opening might help offset an otherwise gloomy outlook for the rest of the world.
Stocks in Asia advanced after US shares ended January on a high note as signs of cooling inflation encouraged risk appetite ahead of the Federal Reserve’s Wednesday meeting.
Beleaguered Indian tycoon Gautam Adani got a reprieve Tuesday by pulling off a closely watched $2.5 billion share sale, defying odds after a short seller’s allegations of corporate malfeasance erased more than a quarter of his group’s market value.
Twitter Inc. fired back at a private jet provider that sued over unpaid bills, saying the company overcharged for the social media giant’s head of marketing to fly across the country in October to meet with the incoming new owner, Elon Musk.
This year’s 40% rally in Bitcoin is heading toward a potentially big test in the shape of the upcoming Federal Reserve policy decision.
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