Asian Stocks to Follow US Rally With Focus on CPI: Markets Wrap
Stocks in Asia rose, following a big tech-led rally in US benchmarks, as investors look to key inflation data later Wednesday for clues on the Federal Reserve’s next steps.
Stocks in Asia rose, following a big tech-led rally in US benchmarks, as investors look to key inflation data later Wednesday for clues on the Federal Reserve’s next steps.
Brazil’s President Luiz Inacio Lula da Silva fired Jean Paul Prates, the chief executive of the country’s state-owned oil company, Petroleo Brasileiro SA, following a dispute over dividend payments.
Oil advanced after an industry report showed shrinking US stockpiles, and traders looked ahead to a report from the International Energy Agency that may shed light on market balances into the second half.
Nu Holdings Ltd., the parent of Brazil-based digital bank Nubank, reported record revenue in the first quarter while acknowledging that its growth is coming with a higher delinquency rate.
Sony Group Corp.’s stock surged its most in about 18 months after games like Helldivers 2 helped lift net income past estimates during the March quarter.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}