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Asian markets mixed as sluggish debt talks worry investors
Asian markets mixed as sluggish debt talks worry investors
Business and Economy
by  AFP

Unease over the slow progress of US debt talks further dampened sentiment in Asian markets Wednesday, though Japanese stocks got a boost from forecast-beating economic growth data. All eyes are on Washington, where lawmakers remain deadlocked in negotiations to lift the country's borrowing limit to pay its debts and avert a market-rattling default.

Brazil 'finfluencers' bring finance to the favelas
Brazil 'finfluencers' bring finance to the favelas
Business and Economy
by  AFP

With his tattooed arms, drop-fade haircut and baby-face looks, Murilo Duarte doesn't look like a typical financial adviser as he dishes out investment tips on social media from the Sao Paulo favela where he grew up. Next step, he says: invest in the Sao Paulo stock exchange.

Japan economic growth beats expectations in first quarter
Japan economic growth beats expectations in first quarter
Business and Economy
by  AFP

Japan's economy grew faster than expected in the first quarter, official data showed Wednesday, helped by a recovery in inbound tourism after pandemic border restrictions were lifted. Despite "headwinds from a slower global economy", the "high potential" of inbound tourism from China and expected rises in wages suggest growth will be "sustained", Adachi wrote.

Musk says will tweet thoughts regardless of business blowback
Musk says will tweet thoughts regardless of business blowback
Business and Economy
by  AFP

Elon Musk on Tuesday said a new Twitter chief executive will let him devote more time to Tesla, but that he will continue to tweet his unfiltered thoughts even if it hurts his businesses. "I don't care," the billionaire said during a CNBC interview when asked what he thought of his controversial tweets potentially hurting Tesla shares or making it harder to sell ads on Twitter.

Japan GDP growth beats expectations in first quarter
Japan GDP growth beats expectations in first quarter
Business and Economy
by  AFP

Japan's economy grew faster than expected in the first quarter, official data showed Wednesday, helped by a recovery in inbound tourism after pandemic border restrictions were lifted. Despite the "headwinds from a slower global economy", the "high potential" of inbound tourism from China and expected rises in wages suggest growth will be "sustained", Adachi wrote. tmo-kaf/cwl