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US futures gain, Europe shares drift; bonds slip

Bloomberg US equity futures advanced with Asian shares on Monday while Europe stocks fluctuated as investors showed mild optimism at the start of a busy week set to be dominated by the beginning of earnings season and the signing of a partial China trade deal. Bonds, the yen and gold retreated. Contracts on the S&P 500 signalled a rebound from ...

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Philippine stocks start 2020 as most unloved among its Asian peers

Bloomberg When it comes to Philippine stocks, 2020 so far isn’t looking better than 2019. Barely two weeks into the new year, and the market is the worst performer among major Asian peers, with overseas fund withdrawals reminiscent of January 2008. Back then, fears of a US recession roiled global shares and pummeled Manila into a bear market. Last year, ...

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Korea tourism stocks surge on bets for Chinese tourists

Bloomberg The years-long disputes between China and South Korea are getting resolved, and analysts at Nomura Holdings Inc expect Chinese tourists to return en masse to the Korean nation. That’s a boon for shares of cosmetics producers and travel-related companies. Amorepacific Corp, the maker of beauty products that are popular souvenirs among Chinese women, climbed as much as 6.6% on ...

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