News
Sustainable Inflation Shows Positive Signs, but Monetary Easing to Continue
Bank of Japan Governor Kazuo Ueda expresses cautious optimism about sustainable inflation and emphasizes the importance of nurturing changes in the economy. The central bank will continue monetary easing measures and closely monitor economic development.
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China Evergrande's Debt-Restructuring Plan Falls Through
China Evergrande abandons crucial debt-restructuring plan, leading to sharp decline in shares and impacting other mainland property stocks. Explore alternative paths forward.
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Qantas Airways Faces Rising Fuel Costs
Qantas Airways anticipates a surge in fuel costs due to higher oil prices and a lower Australian dollar. The airline plans to closely monitor fuel prices and make adjustments accordingly. In addition, Qantas intends to invest AU$80 million in improving customer service after facing controversies.
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Surprise Appearance at the Plains Peanut Festival
Former President Jimmy Carter and his wife surprised attendees at the Plains Peanut Festival, showcasing their resilience and commitment to engage with their community. Despite their circumstances, they continue to celebrate life and love.
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Toronto Stocks Recover from Decline
Toronto stock market rebounds with sales increase, most sectors experience gains with technology and health services leading the way.
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Ascent Resources Secures ATE Insurance for Energy Charter Treaty Claim
Ascent Resources obtains ATE insurance for its €656.5 million damages claim against Slovenia under the Energy Charter Treaty, causing a share price increase.
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Asia-Pacific Stocks Mostly Increased
Asia-Pacific stocks mostly increased on Friday, Sept. 22, with the Japanese market showing a fourth day of decreases. Hong Kong's Hang Seng Index gained 2.3% to 18,057.45, while the Nikkei 225 Index of Japanese companies dropped 0.5% to 32,402.41.
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Markets Show Mixed Performance
Futures in U.S. markets show positive start, European stocks decline with some companies standing out, Dollar Index rises, crude oil prices increase, bond yields drop, and Asian stocks mixed.
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Potential Headwinds for Refining Stocks in 2022
Refining stocks may face challenges in 2022 as two new refineries in Nigeria and Mexico boost production, potentially impacting gasoline prices globally. These developments highlight the slowdown in refinery capacity growth and the impact of the COVID-19 pandemic on the industry.
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Jadestone Energy Revises Full-Year Production Guidance and Lowers Costs
Jadestone Energy adjusts full-year production guidance and reduces costs in response to offshore field halt. Optimistic outlook for improved financial performance.
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