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Pictet Asset Management Holding SA lifted its position in Morningstar, Inc. (NASDAQ:MORN – Free Report) by 4.9% in the fourth ...
Among consumer stocks, duty-free retailer China Tourism Group Duty Free and department store chain Wangfujing Group rose 10% each, reaching the daily limit in Shanghai. Shanghai Bailian Group, whose ...
(Reuters) - Japanese banks tanked on Friday and stocks globally extended a punishing selloff in the wake of U.S. President Donald Trump's sweeping tariffs, helping drive a rally in U.S. Treasuries and ...
The global selloff in stocks came as money flooded into low- risk assets like U.S. government bonds, even as safe-haven gold recoiled from Thursday’s record high along side a further slide in crude ...
"We are working on the assumption that in the next five years the dollar is going to lose another 10% to 15%," said Luca Paolini, chief strategist at Switzerland's Pictet Asset Management.
US stocks plunged after President Trump announced a baseline 10% tariff on all US trading partners, sending shockwaves through markets and the global trade order.
European stocks slumped after US President Donald Trump announced the steepest American tariffs in a century against its trading partners, including a 20% rate for the European Union, which vowed to ...
Wall Street nosedived again on Friday, pushing the Nasdaq toward a bear market, after China imposed fresh tariffs on all U.S. goods in response to the Trump administration's sweeping levies, ...