Asia to Extend Risk Rally After US CPI Decline: Markets Wrap
Equities in Asia were set to rally Thursday after US stocks and bonds climbed on slowing inflation data, providing room for the Federal Reserve to cut interest rates.
Equities in Asia were set to rally Thursday after US stocks and bonds climbed on slowing inflation data, providing room for the Federal Reserve to cut interest rates.
Coinbase Global Inc., the largest US crypto exchange, is zeroing in on potential demand in Australia’s growing self-managed pensions sector.
The risk of power failures this summer remains elevated for many parts of North America amid soaring demand and generator shutdowns.
Addiko Bank is becoming one of the hottest acquisition targets in southeastern Europe after Slovenian regional heavyweight Nova Ljubljanska banka d.d. joined two Serbian lenders already jostling for stakes in the Balkans consumer-loan specialist.
AT&T Inc. and satellite provider AST SpaceMobile Inc. are teaming up to provide wireless service from space — a challenge to Elon Musk’s SpaceX, which struck a similar deal two years ago with T-Mobile US Inc. AST SpaceMobile jumped in extended trading on the news.
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