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Highlights of the day: TSMC sees strong demand for 5nm process

In the wake of the coronavirus outbreak, many firms in the IT world have revised their business outlook for first-quarter 2020. But TSMC still sees significant demand for its foundry services, reportedly seeing its upcoming 5nm capacity fully b.....»»

Category: topSource: digitimesMar 11th, 2020

Global stocks rally as Biden surge offsets coronavirus fears

The dollar and world equity markets rose on Wednesday as investors were cheered by a strong showing by Joe Biden in the U.S. Democratic presidential primaries, although the economy-slowing coronavirus outbreak kept investors on tenterhooks......»»

Category: topSource: reutersMar 4th, 2020

Introducing: 5 St. Louis-area higher ed leaders to headline new Business Journal event series

This is a transformative time in the world of higher education, on several fronts. For one, a strong national economy leads to pressure on the job market to produce talent. The business community more than ever is looking toward higher education ins.....»»

Category: topSource: bizjournalsFeb 11th, 2020

‘A Trust Paradox.’ New Report Finds Distrust in Capitalism, Government and Global Institutions — Despite a Strong Economy

Despite near full employment, the report found that 56% of respondents believe capitalism does more harm than good in the world A new report found widespread distrust in societal institutions — defin.....»»

Category: topSource: timeJan 21st, 2020

Oil hits three-month highs as strong U.S. consumer spending underpins growth hopes

Oil prices rose on Friday, hitting three-month highs after data showed record online spending by U.S. consumers, stoking faith in the world's no. 1 economy even before the hoped-for end to the trade war between Washington and Beijing......»»

Category: topSource: reutersDec 26th, 2019

US Fed to hold fire as economy ends 2019 on a strong note

With the strength of the world's largest economy on display at year end, the US Fed.....»»

Category: topSource: moneycentralDec 8th, 2019

Trade optimism lifts world stock markets

World stocks hit their highest in almost two years on Tuesday, keeping record highs in sight, following fresh signs that the United States and China were working to end a bitter trade war that has dealt a blow to the global economy......»»

Category: topSource: reutersNov 26th, 2019

Trade optimism lifts world shares

World shares staged a cautious rally on Monday as investors held out for some progress in U.S.-China trade talks, while the dollar dipped after its latest rally on the back of strong U.S. economic data......»»

Category: topSource: reutersNov 25th, 2019

U.S. companies say consumer still strong even as broader outlook dims

Walmart became the latest company to point to a strong U.S. consumer, adding to a raft of firms in recent weeks citing healthy demand at a time when spending is seen as an increasingly key support for the economy......»»

Category: topSource: reutersNov 15th, 2019

Stocks gain on trade hopes, risk appetite lifts dollar

The dollar strengthened and global stock markets rallied on Monday on signs the United States and China are nearing the end of a damaging trade war as well as indications the world economy may dodge a recession......»»

Category: topSource: reutersNov 4th, 2019

Coca-Cola, Schlumberger Earnings Help Boost Investor Morale Despite China Data

Data from China showed the world’s largest economy grew at the slowest pace in nearly three decades, and the weaker-than-expected print threatened to take the fizz out of stocks. But U.S. shares seem to be holding up well as a strong s.....»»

Category: earningsSource: benzingaOct 18th, 2019

U.S. firms sour on their future in China as trade war bites: AmCham

The China-U.S. trade war is souring the profit and investment outlook for U.S. companies operating in the world's second-biggest economy, a survey by a prominent American business association showed......»»

Category: topSource: reutersSep 11th, 2019

Wall St. opens higher after strong retail sales data, Walmart results

U.S. stocks opened higher on Thursday as a surge in July retail sales and Walmart's robust results eased fears of a recession in the world's largest economy, while differing reports on the U.S.-China trade dispute kept investors on edge......»»

Category: topSource: reutersAug 15th, 2019

China rebuffs Trump claim U.S. tariffs are making firms leave

Foreign investors remained enthusiastic about China, the foreign ministry said on Tuesday, following U.S. President Donald Trump's claim that his tariffs are causing companies to move production away from the world's second largest economy......»»

Category: topSource: reutersMay 21st, 2019

Global stocks rise after strong earnings, deal news; data lifts U.S. yields

World stock market.....»»

Category: topSource: reutersMay 16th, 2019

China Trade War’s Rapid Route to Recession

President Trump's current stance of tariffs and trade could badly cripple the two largest economies in the world and throw a relatively strong and stable global economy into recession......»»

Category: blogSource: 247wallstMay 6th, 2019

U.S. data, hopes over Brexit vote lift shares; dollar eases

World equity markets broadly rose on Wednesday, lifted by investor optimism that British lawmakers will rule out a no-deal Brexit and fresh U.S. data that highlighted a strong economy with low inflation, an outlook that weakened the dollar......»»

Category: topSource: reutersMar 13th, 2019

IMF sees world economy weaker post-2020, lifts US estimate to 2.9%

The IMF warned the expansion could be derailed if countries resort to tit-for-tat trade sanctions.....»»

Category: topSource: business-standardApr 17th, 2018

"There is no free lunch", Macron tells tech giant CEOs

PARIS (Reuters) - President Emmanuel Macron told executives from the world's biggest technology firms on Wednesday that he wanted innovation to be a driving force for the French economy, but also that they needed to contribute more to society......»»

Category: topSource: reutersMay 23rd, 2018

Wall Street climbs on strong jobs data, tech rally

(Reuters) - U.S. stocks rose on Friday after the latest monthly jobs report pointed to strength in the world's largest economy and cemented expectations of at least two more rate hikes by the Federal Reserve this year......»»

Category: topSource: reutersJun 1st, 2018