The recent underwhelming earnings performance of many small and midcap companies on account of rising costs, weakening demand, and sector-specific headwinds have eroded profitability, leading to earnings downgrades.
US unemployment claims saw a sharper-than-expected drop last week, signaling continued labor market strength. Despite this positive sign, a rise in continuing claims suggests employers
Shares of Lingyi iTech opened 6% higher in the Chinese precision parts maker’s Hong Kong debut on Friday, after the Apple supplier raised about HK$8.3
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