admin, Author at Updatetrade

Chinese Tea Chain Chagee Is Said to Raise $411 Million in US IPO

Chinese tea chain Chagee Holdings Ltd. has raised $411 million after pricing its US initial public offering at the top end of the marketed range, people familiar with the matter said, defying a market besieged by trade-war volatility.

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US Seeks to Halt Hunt for Evidence on Maryland Man’s Deportation

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The Trump administration is asking a US appeals court to block a judge’s directive that government officials be questioned about their failure to seek the return of a Maryland man wrongly deported to El Salvador.

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ABB to Spin Off Robotics Unit for 2026 Stock-Market Listing

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ABB Ltd. plans to spin off and list its robotics unit next year.

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American Express Q1 seen slowing, but Wells Fargo says long-term outlook intact By Investing.com

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American Express Q1 seen slowing, but Wells Fargo says long-term outlook intact

American Express Q1 seen slowing, but Wells Fargo says long-term outlook intact By Investing.com Read More »

Producer prices in March 2025: -0.2% on March 2024

BoJ’s Nagakawa: Financial markets are reflecting uncertain situation

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Bank of Japan (BoJ) board member Junko Nagakawa is back on the wires on Thursday, that “financial markets are reflecting uncertain situation.”

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BOJ’s Nakagawa: Financial markets are reflecting uncertain situation

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Markets are nervous and uncertainty is heightening
Still two weeks until next policy meeting, need to gauge factors including tariff discussions
No comment on forex or tariff discussions

This just adds to her remarks from earlier here.

This article was written by Justin Low at www.forexlive.com.

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Gold price remains on the defensive below all-time peak amid positive risk tone

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Gold price (XAU/USD) attracts some intraday sellers following an Asian session uptick to a fresh all-time high as a positive risk tone is seen undermining demand for traditional safe-haven assets.

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TSMC’s Profit Beat Estimates in Sign of Pre-Tariffs Order Rush

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Taiwan Semiconductor Manufacturing Co. posted better-than-anticipated quarterly earnings after customers scrambled to stock up on advanced chips in anticipation of global trade ructions spurred by US tariffs.

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Pernod Sales Decline, Hit by China Troubles And Late Easter

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Pernod Ricard SA sales fell more than expected after Cognac was hit by a duty free block in China and Europe sales were held back by a late Easter.

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