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Tag: WALL STREET

Business / economics

Brazil’s Ibovespa Demonstrates Resilience Amid Global Market Sell-Off

March 11, 2025March 11, 2025 - by Marcus Chen - Leave a Comment

Brazil’s Ibovespa showed resilience with a minor decline of 0.41% amidst a major U.S. market sell-off driven by recession fears. Supported by a buy recommendation from J.P. Morgan, it outperformed …

Brazil’s Ibovespa Demonstrates Resilience Amid Global Market Sell-Off Read More
Business / Companies / economics

South African Rand Strengthens Amid U.S. Recession Concerns and Budget Anticipation

March 11, 2025March 11, 2025 - by Carmen Mendez - Leave a Comment

The South African rand improved slightly against a weakened U.S. dollar as investors prepared for important U.S. inflation data and the local budget presentation. The rand traded at 18.30 per …

South African Rand Strengthens Amid U.S. Recession Concerns and Budget Anticipation Read More
Business / economics

Stock Markets Decline Amid US and China Economic Concerns

March 10, 2025March 10, 2025 - by Sofia Nawab - Leave a Comment

Global stock markets declined on Monday due to concerns over President Trump’s trade policies impacting the US and China economies. Wall Street opened lower, with the Nasdaq dropping two percent, …

Stock Markets Decline Amid US and China Economic Concerns Read More
Global news

North Korea Launches Ballistic Missiles Amid U.S.-South Korea Military Exercises

March 10, 2025March 10, 2025 - by Allegra Nguyen - Leave a Comment

North Korea has launched multiple ballistic missiles as U.S.-South Korea military exercises begin, prompting South Korea to increase military readiness in cooperation with the United States. North Korea has conducted …

North Korea Launches Ballistic Missiles Amid U.S.-South Korea Military Exercises Read More
Business / Companies / economics

J.P. Morgan Adjusts Equity Ratings: Downgrades Mexico, Upgrades Brazil

March 10, 2025March 10, 2025 - by Sofia Nawab - Leave a Comment

J.P. Morgan downgraded Mexican stocks amid a slowdown in growth and U.S. tariffs, while upgrading Brazilian equities based on a potential end to interest rate hikes and positive impacts from …

J.P. Morgan Adjusts Equity Ratings: Downgrades Mexico, Upgrades Brazil Read More
Business / Companies / economics

Milei Claims IMF Deal Will Erase Argentina’s Inflation Challenges

March 9, 2025March 9, 2025 - by Sofia Nawab - Leave a Comment

President Javier Milei announced that a new IMF agreement could eliminate inflation in Argentina by enabling the government to settle its debts with the Central Bank. He indicated that IMF …

Milei Claims IMF Deal Will Erase Argentina’s Inflation Challenges Read More
Technology

Microsoft Invests $297 Million in South Africa to Enhance Cloud and AI Infrastructure

March 7, 2025March 7, 2025 - by Allegra Nguyen - Leave a Comment

Microsoft is set to invest $296.81 million in South Africa by 2027 to develop cloud and AI infrastructure. Enhancements will occur in Johannesburg and Cape Town, with a focus on …

Microsoft Invests $297 Million in South Africa to Enhance Cloud and AI Infrastructure Read More
Technology

Microsoft Invests $297 Million in South Africa’s Cloud and AI Development

March 7, 2025March 7, 2025 - by Liam Nguyen - Leave a Comment

Microsoft plans to invest approximately $297 million in South Africa to enhance cloud and AI infrastructure by 2027. This investment will upgrade data centers in Johannesburg and Cape Town, support …

Microsoft Invests $297 Million in South Africa’s Cloud and AI Development Read More
Business / Technology

China’s Tech Sector Surpasses U.S. in 2025: A Shift in Market Dynamics

March 7, 2025March 7, 2025 - by Allegra Nguyen - Leave a Comment

China’s technology sector has surged by $439 billion in 2025, drastically outpacing the performance of U.S. tech stocks, which have declined by 10%. Major Chinese firms like Alibaba and Tencent …

China’s Tech Sector Surpasses U.S. in 2025: A Shift in Market Dynamics Read More
economics

Trump Delays Implementation of New Tariffs on Canada and Mexico

March 7, 2025March 7, 2025 - by Liam Nguyen - Leave a Comment

President Trump announced a temporary halt on new tariffs for goods from Canada and Mexico after a conversation with Mexico’s President. Although there is a one-month exemption for certain goods, …

Trump Delays Implementation of New Tariffs on Canada and Mexico Read More

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