Alibaba Beats

🇨🇳 🇨🇳 BREAKING: Alibaba Non-GAAP EPADS of $1.56 beats by $0.21, revenue of $30.32B beats by $410M
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Walmart Raises Guidance

🚨 🚨 BREAKING: Walmart raises full-year guidance, as earnings beat on boost from grocery and online businesses
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Japan’s Nikkei Ends At 33 Year High

🇯🇵 🇯🇵 JAPAN’S NIKKEI 225 SURGES TO 33-YEAR HIGH, ENDS AT HIGHEST LEVEL SINCE 1990
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China Grants Bayer’s Kerendia Extended Use

🇨🇳 🇨🇳 China’s National Medical Products Administration (NMPA) approved the expanded use of Bayer’s Kerendia to include earlier stages of chronic kidney disease linked with type 2 diabetes and reduce patient’s risk of cardiovascular events
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Philippines Halts Policy Tightening

🇵🇭 🇵🇭 The Philippine central bank halts its most aggressive monetary tightening in two decades, as inflation eases and economic growth moderates
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UK Property: Days Of Large Price Increases Are Over

🇬🇧 🇬🇧 The age of huge UK property price increases may be coming to an end as population growth slows, working from home booms and borrowing costs surge
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Event Alert: Japan Reports Inflation Data On Fri

🇯🇵 🇯🇵 Event Alert: Japan’s latest inflation figures due Friday are likely to cement the view among some economists that the central bank will have to bump up its price forecasts, a factor that may fuel speculation of policy adjustment to come as soon as July this year
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Amazon To Spend $12.7B On Indian Cloud

🇮🇳 🇮🇳 Cloud invest: Amazon plans to invest $12.7 billion in cloud infrastructure in India by 2030, joining other global tech giants in betting on growth in the South Asian nation’s digital economy
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Singapore’s Overall Exports Drop

🇸🇬 🇸🇬 Singapore’s Non-oil domestic export (NODX) for April was down 9.8% y-o-y, a steeper decline versus the 8.3% drop seen in March. Exports to key markets such as China, Malaysia and Taiwan dropped, although corresponding NODX numbers to US, the EU27 and South Korea increased
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