E-mini S&P 500 futures rise 0.5%, suggesting U.S. markets could gain on Wednesday
By late morning Wednesday in Hong Kong, the city’s Hang Seng Index, and stock benchmarks in Japan, South Korea and Australia had all risen 0.1% to 0.4%.
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Some Global Markets Follow U.S. Stocks HigherSome international stock markets rose, and the dollar held near three-month lows, after a U.S. rally that pushed the S&P 500 into positive territory for the year.
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Belgium Removes Burnt-Out Statue Of Colonial King Leopold II, As Statue Takedown Goes GlobalA statue of Belgium’s King Leopold II, who became ultra-wealthy from the enslavement of Congolese people in the late 19th and early 20th centuries was removed by the city of Antwerp in Belgium by iamsternlicht
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This Tiny Swedish Eyewear Brand Is Going GlobalSwedish eyewear brand, Chimi, is going global
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China producer price deflation deepens on global demand slumpChina's May factory gate prices fell by the sharpest rate in more than four years, underscoring pressure on the manufacturing sector as the COVID-19 pandemic reduces trade flows and global demand.
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China's producer prices fell in May as the coronavirus ravaged global demandChina's producer price index fell 3.7% from a year earlier in May, according to data from the country's National Bureau of Statistics.
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Travel bubbles could encase global divisionsAustralia and Norway are among the countries aiming to open borders to neighbours in similarly good health. Welcoming visitors should help slumping economies, especially in Hong Kong and Macau. The risk of narrow deals is that they reinforce the world’s balkanisation trend.
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