{
Matthew Hassan

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asia-pacific markets decline as softbank reports strong profit growth

Asia-Pacific markets mostly declined as the U.S. postelection rally failed to boost regional sentiment. Softbank Group is set to report a profit of 286.8 billion yen for Q2, reflecting over 100% year-on-year growth, while Australian consumer sentiment rose 5.3% in November amid easing financial pressures. Chinese markets are under scrutiny following a disappointing debt swap program, prompting investors to adopt a long-term perspective. Meanwhile, the iShares Bitcoin Trust ETF has surpassed the iShares Gold Trust in assets under management, marking a significant milestone in the crypto space.
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Japanese Yen Chinese Yuan United States Dollar SoftBank Group Corp. Westpac Banking Corporation SPDR Gold Shares iShares 0-5 Year TIPS Bond ETF AUS JPN USA CHN Matthew Hassan Donald Trump Jeff Cox Jordan Cvetanovski Jerome Powell Show more
Finance & Economy, Market Report
00:52 12.11.2024
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