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Germany's blue-chip DAX index has defied domestic gloom to hit a milestone

Defying Headwinds, Germany Stocks Hit Milestone

Germany's blue-chip DAX stock index jumped above 20,000 points for the first time Tuesday following gains on US and Asian markets, defying multiple headwinds battering Europe's biggest economy.
Workers at German auto giant Volkswagen are to stage strikes from Monday against the company's  cost-cutting plans that includes the closure of some factories

Thousands Strike At Volkswagen's Germany Plants

Thousands of Volkswagen workers went on strike Monday in an escalating industrial dispute, with unions warning that the crisis-hit German auto giant is intent on making mass layoffs and closing factories.
The yen rallied after forecast-topping Tokyo inflation data boosted bets on a Bank of Japan interest rate hike

Yen Rallies On Rate Hike Bets As Equity Markets Swing

The yen rallied Friday after forecast-busting inflation data out of Tokyo boosted talk of another Japanese interest rate hike next month, while equity markets were mixed as traders weigh the economic outlook during a second Trump administration.
Bitcoin has fallen to around $92,500, having come close to the $100,000 mark at the end of last week

European Stocks Drop On Trump Trade War Worries

European stock markets mostly retreated Wednesday on concerns Europe could be the next tariffs target for US president-elect Donald Trump, who has announced a tough-negotiating hawk as his trade envoy.
Investors are enjoying a positive day after seeing big swings since the election of Donald Trump

Markets Rally After US Bounce As Nvidia Comes Into Focus

Markets rose Tuesday after a broadly positive day on Wall Street, with focus turning to the upcoming release of tech giant Nvidia's earnings, while traders also kept tabs on Donald Trump's picks for his new administration.
Australia is close to inking a deal that will keep ANZ Bank open in several important Pacific nations

Australia Moves To Keep Its Banks In The Pacific

Australia will move to stem the exodus of its banks from the Pacific Islands, the country's top economic official said, as concerns mount that China could bolster its influence by filling in the gaps.

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