Stocks in Asia may be buoyed Friday by a rebound on Wall Street after earnings suggested the US economy still remains resilient despite inflationary pressures.
(Bloomberg) -- The path for Russia to keep sidestepping its first foreign default in a century is turning more onerous as another coupon comes due on the warring nation’s debt.
(Bloomberg) -- India’s economy maintained its momentum in April as a wider reopening from the pandemic kept rising prices from depressing demand for the time being.
(Bloomberg) -- Grocery delivery startup Instacart Inc. is planning to slow the pace of hiring as it prepares for an initial public offering, focusing instead on profitability.
Have stocks stopped being expensive? Among bulls, hope is coalescing around valuation metrics that could support that view, though with so many caveats they require a big dose of courage to heed.
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