Asia-Pacific markets climbed Tuesday as investors awaited business confidence surveys from Australia and consumer confidence data from Japan, with focus also on U.S. inflation numbers to assess the Federal Reserve's rate cut path.
A block sale is a large securities transaction at a negotiated price that tends to shield or lessen the impact of the sale on the price of the publicly traded stock.The younger Lee is the late Lee Kun-hee's eldest daughter, and also the younger sister of Samsung Electronics Executive Chairman Lee Jae-yong.Exide said that both the parties will work together for the development, production and supply of battery cells for Hyundai Motor's electric vehicles in the Indian market.
The investment bank predicts the data center sector will grow between 15% and 20% in 2024 and 2025, and"healthy" double-digit growth in the following years. "This suggests there is likely more upside for the group, as it just broke out of a two-year base with relative strength turning up," Jonathan Krinsky, a technical analyst with BTIG, told clients Sunday.Coming quarters will see higher inflation, says Apollo's chief economist Torsten Slok
Against this backdrop, Slok pointed out that gains in equity market are spreading to other sectors beyond technology. He advised investors to seek out winners and losers from a"bottom-up perspective," rather than just reaching for the"Magnificent Seven," which posted sky-high returns last year.U.S. Treasury Secretary Janet Yellen attends a press conference at the U.S. Ambassador's residence in Beijing on April 8, 2024.
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