Tag: global trade
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How HSBC’s US$3 Billion Stock Buy-Back Impacts Hong Kong Stock Exchange
HSBC, Hong Kong’s largest bank, has announced a new US$3 billion stock buy-back program following better-than-expected first-quarter profits. The banking giant reported a…
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ASX Closes Higher Despite Rising Unemployment and Global Trade Concerns
The Australian Securities Exchange (ASX) closed higher following a slight increase in the jobless rate, with the latest labour force data showing a…
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Australian Stock Market Plunges as Trump’s Tariffs Spark Economic Reevaluation
Donald Trump’s recent imposition of tariffs has had a significant impact on the Australian stock market, causing a sharp decline in stock prices…