AFP

Stocks mainly rise after Wall Street’s AI-fuelled rally

Global stock markets mostly rose Thursday following a tech-fuelled rally on Wall Street spurred by US president Donald Trump’s massive AI-investment announcement.Investors have largely welcomed the first few days of Trump 2.0 as he held off immediately returning to the hardball trade policies of his first term.However, warnings that China, the European Union, Canada and …

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Most Asian markets rise after Wall Street’s AI-fuelled rally

Asian equities mostly rose Thursday, cheered by another tech-fuelled run-up on Wall Street after Donald Trump’s huge AI investment announcement, as traders assessed the outlook for the next four years under the new president.Shanghai was among the main winners, eating into year-to-date losses after China unveiled a fresh batch of measures aimed at boosting the …

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Political crisis hits South Korea growth: central bank

South Korea’s economy grew less than expected in the fourth quarter, data showed Thursday, as it was hit by the fallout from President Yoon Suk Yeol’s brief declaration of martial law that hit consumer confidence and domestic demand.The ongoing political crisis comes as leaders of the export-reliant country prepare for the second US presidency of …

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Most Asian markets extend AI-fuelled rally

Asian equities mostly rose Thursday, cheered by another tech-fuelled run-up on Wall Street after Donald Trump’s huge AI investment announcement, as traders assessed the outlook for the next four years under the new president.Shanghai led the winners, eating into year-to-date losses after China unveiled a fresh batch of measures aimed at boosting the country’s stock …

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Bangladesh student revolutionaries’ dreams dented by joblessness

Bangladeshi students braved bullets to overthrow an autocratic government, but six months after the revolution, many say finding a job is proving a harder task than manning the barricades.Dhaka University student Mohammad Rizwan Chowdhury’s dreams of ample opportunities for youth have been badly dented, saying he had seen little action from the caretaker government of …

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Stock markets mostly higher as they track Trump plans, earnings

US and European stock markets mostly pushed higher Wednesday as investors tracked earnings and President Donald Trump’s policy plans as artificial intelligence shares rallied.However, Hong Kong and Shanghai’s indices fell after Trump warned China could be included in a list of countries to be hit with tariffs on February 1.The latest batch of corporate earnings helped boost …

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P&G sees China improvement but consumers ‘still struggling’

Procter & Gamble is seeing encouraging signs in China, but a full recovery is still a ways off, executives said Wednesday as the consumer products giant reported solid earnings.P&G, whose brands include Tide detergent and Charmin toilet paper, saw improvement in China in the just-finished quarter in sales of SK-II, a premium skin care product.Chief …

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Stock markets push higher as they track Trump plans, earnings

US and European stock markets pushed higher Wednesday as investors tracked earnings and President Donald Trump’s policy plans that are starting to impact the global economy.However, Hong Kong and Shanghai indices fell Wednesday after Trump warned China could be included in a list of countries to be hit with tariffs on February 1.Meanwhile, the dollar “struggled to …

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Stock markets diverge tracking Trump plans

European stock markets rallied and Chinese indices slid Wednesday in reaction to US President Donald Trump’s policy plans that are starting to impact the global economy.Wall Street jumped Tuesday in its first reaction following Trump’s inauguration.Hong Kong and Shanghai indices retreated Wednesday after the president warned China could be included in a list of countries …

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