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Japanese Market Skyrockets, Surpasses Asian Competitors

Japanese Market Skyrockets, Surpasses Asian Competitors

Related media - Latest news The Japanese stock market made a triumphant return from its summer hiatus, with the Nikkei 225 index rising more than 2% and crossing the 36,000 mark for the first time since August 2. The broader Topix followed suit, gaining 2.16%. The strong performance was largely driven by gains in the technology and financial sectors, with major players such as Rakuten Group and Trending Micro posting significant gains. While Japan celebrated its market recovery, other Asian markets showed more subdued performances. South Korea's Kospi and Kosdaq indices fell and Australia's S&P/ASX 200 saw only marginal gains.…
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CVC-led consortium secures .9bn acquisition of Hargreaves Lansdown

CVC-led consortium secures $6.9bn acquisition of Hargreaves Lansdown

Related media - Recent news In a significant move in the financial sector, UK-based investment firm Hargreaves Lansdown has confirmed it has accepted a £5.4 billion ($6.9 billion) buyout offer from a consortium led by CVC Group. The deal, announced Friday by its Bristol headquarters, also involves stakes in Abu Dhabi’s sovereign wealth fund and Nordic Capital, marking the proposal as final. Under the terms of the deal, Hargreaves Lansdown shareholders will receive 1,110p per share plus a further 30p per share as a dividend. Following the announcement, the company's shares rose 2.2% in morning trading. The development comes after…
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Trump mistakenly confuses Willie Brown with Jerry Brown in recent statements

Trump mistakenly confuses Willie Brown with Jerry Brown in recent statements

Related media - News 24 hours During a recent press conference at his Mar-a-Lago estate, former President Donald Trump apparently confused former San Francisco Mayor Willie Brown with former California Governor Jerry Brown. Trump spoke about an alleged helicopter crash involving Willie Brown, which he described as a near-fatal event, during discussions about Vice President Kamala Harris's former association with Willie Brown and his influence on her career path. Trump said: "We were on a helicopter heading to a location when we had to make an emergency landing. It was pretty heartbreaking and Willie seemed pretty concerned." He added: "I…
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European stocks close turbulent week on a positive note, amid global market recovery efforts

European stocks close turbulent week on a positive note, amid global market recovery efforts

Related media - Latest news In a week of significant market fluctuations, European stocks closed higher on Friday, while global markets struggled to recover from a substantial decline. The Pan-European STOXX 600 index rose 0.57% to close at 499.18, an improvement from last week's reading, which had seen a sharp decline at the start of the week. In terms of sector performance, technology stocks posted a slight decline, down 0.22%, while healthcare stocks rose 1.77%, showing robust growth. The global market landscape has been marked by considerable volatility this week as stocks attempt to recover from the sharp decline seen…
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Emergency evacuations and state of emergency in Kursk after Ukrainian raid

Emergency evacuations and state of emergency in Kursk after Ukrainian raid

Related media - Recent news In response to a recent Ukrainian military action near its border, Russia has evacuated more than 3,000 citizens and declared a state of emergency in the Kursk region starting in early August 2024. The Russian Defense Ministry has released footage showing a retaliatory missile strike targeting Ukrainian military assets nearby. Local officials said the evacuation followed a significant military engagement initiated by Ukraine, marking a major escalation in the region. The ongoing operations in Kursk have caused heavy losses for Ukraine, including 660 soldiers and several armored units, according to a statement from the Russian…
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Harris, Walz Kick Off Campaign, Taking Direct Target at Trump’s Record

Harris, Walz Kick Off Campaign, Taking Direct Target at Trump’s Record

Related media - Breaking news At their joint inaugural rally in Philadelphia, Vice President Kamala Harris, now a presidential candidate, and her chosen candidate, Minnesota Gov. Tim Walz, addressed a large crowd. Walz expressed his excitement about their partnership to more than 12,000 attendees, according to Harris' campaign team. "It's a privilege to join this dynamic slate," he noted, bringing a wave of excitement to the gathering. In her speech, Harris emphasized her search for a vice president who embodies a vision of a hopeful future, ultimately choosing Governor Walz for his leadership qualities and Minnesota roots. Despite his initial…
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