LONDON (Reuters) -Tech stocks saw inflows of $18.6 billion in the first quarter of the year, the third largest quarterly inflow on record, and also attracted funds in the past week, along with large f[...]
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April 5, 2024
Weak rise in orders points to more gloom for German industry
By Maria Martinez (Reuters) -German industrial orders grew more slowly than expected in February, showing that weak demand in the manufacturing sector continues to drag on Europe’s biggest econo[...]
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IKEA stores owner Ingka seeks green energy expansion in S.Korea, Japan
By Nora Buli OSLO (Reuters) – Ingka, which owns the majority of IKEA stores worldwide, is seeking its first renewable investment opportunities in South Korea and Japan, with offshore wind the mo[...]
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Shell sees significantly lower Q1 LNG trading results
By Ron Bousso and Yadarisa Shabong LONDON (Reuters) -Shell said on Friday it expects significantly lower results from its liquefied natural gas trading business in the first quarter of 2024 compared w[...]
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Yellen says China is too big to export its way to rapid growth
By David Lawder GUANGZHOU, China (Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday that China is too large to try to export its way to rapid growth and would benefit by reducing ex[...]
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Tencent’s next level up: fewer big foreign franchise games, more in-house
By Josh Ye HONG KONG (Reuters) – (This March 21 story has been corrected to rectify the time period from ‘last month’ to ‘in January’ and Undawn’s revenue data from[...]
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Japan’s Nikkei slumps in worst week since Dec 2022 as tech tumbles
By Kevin Buckland TOKYO (Reuters) -Japan’s Nikkei share average tumbled nearly 2% to a three-week low on Friday, logging its worst week since December 2022, as tech shares slid on Wall Street[...]
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Japan’s coincident index slumps in sign of weakening economic momentum
By Leika Kihara TOKYO (Reuters) – An index measuring the health of Japan’s economy fell for the second straight month in February, government data showed on Friday, in a sign of weakening[...]
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Samsung flags 10-fold rise in first-quarter profit as chip prices recover
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics estimated on Friday its first-quarter operating profit would rise more than 10-fold, topping market expectations, as chip prices hav[...]
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