World

Goldman Sachs’ David Kostin recently shared his optimism about earnings growth for the year. Despite concerns about margin pressures due to higher inflation, Kostin highlighted that around one-fifth of companies have reported earnings thus far this season. Of these companies, approximately two-thirds have exceeded expectations on the bottom line, while one-third have beaten estimates on
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Russia’s reaction to the recent approval of $60.84 billion in support for Ukraine by U.S. lawmakers has sparked heightened tensions between the two nations. Moscow perceives this move as a deepening involvement of the United States in what they describe as a hybrid war. Russian President Vladimir Putin’s decision to invade Ukraine in 2022 has
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Singapore’s non-oil domestic exports experienced a significant drop of 20.7% in March compared to the previous year. This sharp decline came as a surprise to economists, who had anticipated a much smaller fall of 7%. The decrease of 20.7% marks the largest drop in non-oil domestic exports for Singapore since January 2023. This unexpected downturn
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