A look at the day ahead in European and global markets from Anshuman DagaThe overarching downbeat mood among investors shows no signs of improving as markets become increasingly wary of a further rise in borrowing costs.Although U.S. markets took a breather and rose on Monday, they ended well below the day's
The overarching downbeat mood among investors shows no signs of improving as markets become increasingly wary of a further rise in borrowing costs.Although U.S. markets took a breather and rose on Monday, they ended well below the day's highs and Asian markets were back in the red on Tuesday after gaining in early trade.
Economists polled by Reuters expect a median reading of 109.5 on the index, which unexpectedly fell in January.Despite sharp increases in interest rates by major central banks, predictions of economies worldwide falling into recession continue to miss the mark. On Tuesday, sterling gave up some gains after rising by 0.98 per cent against the dollar a day earlier, when it recorded its biggest daily gain in more than seven weeks.
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Marketmind: It's all about inflationA look at the day ahead in European and global markets from Anshuman DagaMarkets are back to inflation watching. Just as global economic growth worries ease and labour markets remain tight, price trends have become the main focus for investors.A slew of strong U.S. economic data has reinforced the view
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Beyond 2022: How Singapore's development will affect the property market (Jurong East and Tengah)The West has a reputation for being pretty remote by Singapore standards. Being the manufacturing hub of the country, it was a low priority for residential development (or any other kind of development, really). However, that’s all going to change with the advancement of technology across the country. In the coming years, the West will evolve beyond a manufacturing hub...
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Apple pays $12.1 million fine for alleged app market abuse in Russia - Antimonopoly ServiceMOSCOW :U.S. tech giant Apple has paid a 906 million rouble ($12.12 million) fine in a Russian antitrust case alleging abuse of its dominance in the mobile apps market, Russia's Federal Antimonopoly Service (FAS) said on Monday.Apple, which did not immediately respond to a request for comment, has previously
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Apple pays US$12.1 million fine for alleged app market abuse in Russia: Antimonopoly ServiceMOSCOW: US tech giant Apple has paid a 906 million rouble (US$12.12 million) fine in a Russian antitrust case alleging abuse of its dominance in the mobile apps market, Russia's Federal Antimonopoly Service (FAS) said on Monday. Apple, which did not immediately respond to a request for comment, has previou
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UK and EU clinch Brexit deal over Northern Ireland tradeLONDON: Britain and the European Union proclaimed on Monday (Feb 27) a 'new chapter' in relations after years of Brexit tensions as they agreed on a sweeping overhaul of trade rules in Northern Ireland. Prime Minister Rishi Sunak and European Commission president Ursula von der Leyen adopted the deal at a
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