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The Asian market is currently experiencing a flat-to-low range movement as investors process mixed signals regarding Chinese business activity. This lackluster performance can be attributed to the uncertainty surrounding U.S. interest rates, which continues to influence investor sentiment. The recent negative close on Wall Street has also contributed to the subdued performance of Asian stocks.
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Dividend-paying stocks provide investors with an opportunity to strengthen their portfolios and increase overall returns. By choosing companies with a consistent track record of dividend payments and solid financials, investors can secure stable income streams while benefiting from capital appreciation. Wall Street’s top analysts have identified three dividend stocks that stand out as attractive options
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Geely, a Chinese automaker listed on the Hong Kong stock exchange, has recently caught the attention of Morgan Stanley analysts who resumed coverage of the company with an overweight rating. Despite facing challenges in a competitive market environment, Geely has shown resilience and is expected to weather macro and industry uncertainties. One of the key
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China’s manufacturing activity experienced a decline for the second consecutive month in June, according to an official survey. The National Bureau of Statistics (NBS) reported that the purchasing managers’ index (PMI) stood at 49.5 in June, unchanged from the previous month. This figure remains below the critical 50-mark, indicating a contraction in the manufacturing sector.
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The ongoing saga between Boeing and U.S. prosecutors has reached a pivotal moment, with a July 7 deadline looming for the Justice Department to decide whether to criminally charge the embattled planemaker. This development comes on the heels of the government’s finding that Boeing violated a deferred prosecution agreement (DPA) from 2021, put in place
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The U.S. Track & Field Olympic Trials have been witnessing a different breed of athletes this year – unsponsored ones. These 35 athletes are part of Bandit Running’s Unsponsored Project, where they defy the traditional sponsorship model by donning all-black, logo-less gear. This initiative challenges the norm where athletes are expected to promote major brands
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India’s opposition Congress has recently called on Prime Minister Narendra Modi’s government to investigate Foxconn, a major Apple supplier, regarding its discriminatory hiring practices towards married women. The issue came to light after a Reuters report revealed that Foxconn was excluding married women from job opportunities in its iPhone assembly plant in Tamil Nadu. This
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