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global markets show mixed performance as gold rallies and oil declines

In September, gold surged 5.2% while crude oil fell 6.2%. US equity hedged strategies saw positive returns, driven by individual stock selection and a shift from defensives to cyclicals, with consumer discretionary leading. European and Asian equity strategies also performed well, particularly in China due to government stimulus, despite volatility in Japan.
20:22 22.10.2024

global markets show mixed performance as gold rallies and oil declines

In September, gold surged 5.2% while crude oil fell 6.2%. US equity hedged strategies saw positive returns, driven by individual stock selection and a shift from defensives to cyclicals, with consumer discretionary leading. European and Asian equity strategies also performed well, particularly in China due to government stimulus, despite volatility in Japan.
20:21 22.10.2024

global markets show mixed performance as gold rallies and oil declines

In September, gold surged 5.2% while crude oil fell 6.2%. US equity hedged strategies saw positive returns, driven by individual stock selection and a shift from defensives to cyclicals, with consumer discretionary leading. European and Asian equity strategies also performed well, particularly in China due to government stimulus, despite volatility in Japan.
20:21 22.10.2024

global markets show mixed performance as gold rallies and oil declines

In September, gold surged 5.2% while crude oil fell 6.2%. US equity hedged strategies saw positive returns, driven by individual stock selection and a shift from defensives to cyclicals, with consumer discretionary leading. European and Asian equity strategies also performed well, particularly in China due to government stimulus, despite volatility in Japan.
20:21 22.10.2024

Russia seeks new world order at Brics summit amid Western tensions

At the Brics summit in Kazan, President Putin aims to showcase Russia's geopolitical relevance and foster a new world order devoid of Western dominance, despite ongoing sanctions from the Ukraine conflict. The summit, attended by over twenty heads of state, emphasizes Russia's role as a partner in a coalition that includes China, India, and other nations, while promoting initiatives like the proposed Brics Bridge payment system. However, the alliance's diverse interests and lack of clear objectives raise questions about its effectiveness as a counterweight to the West.

Lagarde warns against trade wars as Trump considers tariffs on China

As a potential Trump return raises concerns, EU's Lagarde emphasizes the importance of fair trade for growth and innovation, warning against protectionism. She acknowledges the risks posed by China's market practices while highlighting the negative impact of proposed tariffs on European exporters. The IMF has identified protectionism as a major threat to the global economy, revising its growth forecast for next year.

huawei's latest ai processors reveal reliance on tsmc for advanced chips

Huawei Technologies' latest AI processor, the Ascend 910B, has been found to be manufactured by Taiwan Semiconductor Manufacturing Co. (TSMC), highlighting China's ongoing challenges in producing advanced chips domestically. This discovery was made by Canada-based research firm TechInsights during a teardown of Huawei's high-end AI accelerators.

Swiss stock exchange enhances ties with China amid US market challenges

The Swiss stock exchange SIX has signed a Memorandum of Understanding with the China Construction Bank Corporation (CCB) to enhance cooperation in securities services and product development. This partnership aims to explore new business opportunities as Chinese firms increasingly view Switzerland as an alternative to U.S. exchanges. UBS, which holds a significant stake in SIX, is driving this initiative amid a challenging environment marked by delistings.
16:50 22.10.2024

global healthcare convergence market projected to reach 304.5 billion by 2031

The global convergence in healthcare market is projected to grow from $126.2 billion in 2023 to $304.5 billion by 2031, with a CAGR of 11.78%. North America leads this market due to its advanced healthcare infrastructure, while Europe is expected to experience the fastest growth driven by rising coronary artery disease rates. Recent innovations include real-time health monitoring systems and integrated patient monitoring solutions from major companies like Philips and Honeywell.

apple inc maintains neutral stance as product sales diversify globally

Apple Inc. focuses on designing, manufacturing, and marketing computer hardware and music media, with telephony products, primarily the iPhone, accounting for 52.3% of sales. Other segments include peripherals (10.4%), computers (7.7%), music media (7.4%), and various services (22.2%). Geographically, sales are led by the Americas (42.4%), followed by Europe-India-Middle East-Africa (24.7%) and China-Hong Kong-Taiwan (18.9%).
15:46 22.10.2024
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