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Investing.com– Emerging market stocks are becoming more favorable amid an improving global environment, UBS analysts said in a recent note, citing lower interest rates in the U.S. and increased stimulus measures in China.  The brokerage said Asian markets were among those poised to provide the best returns, especially Taiwan, with their potential to capitalize further on the artificial intelligence boom.  Other Asian markets were likely to benefit from looser global monetary conditions, and outside Asia, Latin America and EMEA- mainly South Africa- were also poised to benefit from lower rates and resilient U.S. growth.  UBS said it continued to favor…

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A “human-machine team” approach to generate investment insights is important in a rapidly evolving and data driven world, Ahmed Talhaoui, head of BlackRock Systematic Group for Emea and Apac, told a media briefing in Hong Kong last week. However, “systematic investing is not a black box”. Instead, it combines human knowledge, experience and creativity with the efficiency of machines. BlackRock’s systematic investing platform, which started in 1985 in San Francisco, now manages over $200bn for institutional, wealth, and retail clients globally. The team has members in San Francisco, London, Singapore, Hong Kong, Tokyo and Sydney, and the platform has seen…

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KUALA LUMPUR (Reuters) – Malaysia’s economy likely grew 5.3% in the third quarter from a year earlier, slower than the previous three-month period, official advance estimates showed on Monday. In the second quarter, gross domestic product had expanded by an annual 5.9%, its fastest rate in 18 months, on higher household spending, exports and investment.  The government last week raised its forecast for economic growth in 2024 to 4.8% to 5.3%, from 4% to 5% previously. Growth in the third quarter was driven by the services sector, which rose 5.1% from a year earlier, as well as expansion in the…

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Dow Jones futures were little changed Sunday night, along with S&P 500 futures and Nasdaq futures, with China cutting some lending rates by more than expected. Tesla (TSLA) earnings are on tap amid signs that a Model Y refresh is coming soon. ServiceNow (NOW) and GE Aerospace (GE) also are big names in a busy week. ↑ X NOW PLAYING Tesla Earnings Are On The Horizon. These Are The Two Growth Drivers To Watch. The stock market rally is riding a six-week win streak, with the Dow Jones and S&P 500 hitting fresh highs last week. Market leadership is broad…

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A slew of Wall Street analysts last week turned even more bullish on three stocks ahead of their quarterly earnings reports. The U.S.-listed stocks are Meta Platforms , Asian e-commerce giant Sea Ltd , and miner Barrick Gold . CNBC Pro screened for stocks in the MSCI World Index that have received share price target upgrades from Wall Street analysts over the past seven days. These stocks are also due to report quarterly financial results over the next few weeks. Meta Platforms Twelve equity research analysts raised their price targets for the company behind Facebook, Instagram and WhatsApp over the…

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SYDNEY (Reuters) – Australia’s central bank has been surprised by the strength of employment growth, a top official said on Monday, adding policymakers remained ready to respond to changes in economic outlook in either direction. In a speech in Sydney, Reserve Bank of Australia Deputy Governor Andrew Hauser said there were a number of interpretations on the strong labour market. It could be because demand conditions are a bit too strong or the supply side of the economy is relatively weak, he said. Australian employment beat forecasts for a sixth straight month in September, while the jobless rate held steady…

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BANGKOK (Reuters) – Thailand’s investment applications rose 42% in the January-September period from the same period a year earlier, led by electronic manufacturing and data centre projects, the Board of Investment said on Monday. The value of investment applications rose to 723 billion baht ($21.8 … Source link

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BANGKOK (Reuters) – Thailand’s investment applications rose 42% in the January-September period from the same period a year earlier, led by electronic manufacturing and data centre projects, the Board of Investment said on Monday. The value of investment applications rose to 723 billion baht ($21.8 billion) during the period, the highest in 10 years, it said, with the majority coming from foreign investors. Foreign investment applications increased 38% from a year earlier to 547 billion baht ($16.5 billion), with Singapore and China the top two investors, the BOI said in a statement. “Thailand’s robust digital infrastructure, clean energy resources, and…

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