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Japan’s Nikkei rises more than 3%, leads Asian stock market rally

Japan’s Nikkei rises more than 3%, leads Asian stock market rally

On a busy morning in Tokyo's financial district, the Tokyo Stock Exchange saw remarkable activity, with Japan's Nikkei 225 index rising 3.64%, crossing the 38,000 mark for the first time since early August. The surge capped the index's most impressive week in four years, rising a surprising 8.67% over the week, according to FactSet data. The broader Topix index was not far behind, rising 2.99% to close at 2,678.6, up 7.86% from the previous week. Global economic data fuels optimism The rally followed positive economic signals from the United States, where July retail sales beat expectations with a 1% increase,…
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Pochettino on the US national team: A turning point for US soccer?

Pochettino on the US national team: A turning point for US soccer?

Mauricio Pochettino, known for his attacking, high-pressing style, is set to take the reins of the United States men’s national team. The U.S. Soccer Federation has made a bold statement by securing the services of Mauricio Pochettino as its new manager. The Argentine tactician, celebrated for his work at Tottenham Hotspur and Paris Saint-Germain, brings a wealth of experience and a proven track record of success. Pochettino’s appointment is undoubtedly a stroke of luck for U.S. soccer. The former defender has built a reputation as one of Europe’s most exciting and innovative coaches. His ability to develop young talent and…
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Discovering a characteristic Italian apartment uninhabited for more than two decades: a personal journey.

Discovering a characteristic Italian apartment uninhabited for more than two decades: a personal journey.

In 2020, Kristina Knighten, 38, and her husband Paul Cordier, 46, finalized the purchase of their picturesque home overlooking Lake Iseo in Italy. They purchased this charming two-bedroom residence for €23,000 (approximately $24,973 USD). Describing their new home, Knighten shares with CNBC Make It, "It's the kind of house you picture as a kid, complete with a gable roof, center door, and quaint upstairs windows. It's ideally located, just steps from both the train station and the lake, and it almost seems too good to be true." The duo began the renovation in March this year, anticipating costs of around…
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Walmart Beats Financial Forecast, Improves Full-Year Projections on Steady Consumer Demand

Walmart Beats Financial Forecast, Improves Full-Year Projections on Steady Consumer Demand

Walmart on Thursday raised its full-year guidance following a nearly 5% increase in quarterly revenue, fueled by increased activity at its brick-and-mortar stores and online platform, along with better-than-expected sales in non-food categories. The retail giant beat Wall Street forecasts in both revenue and profit, sending its stock price up 6% during morning trading. Walmart now expects full-year sales to rise 3.75% to 4.75%, with adjusted earnings per share between $2.35 and $2.43. The outlook change marks a change from previous projections, which called for sales growth of 3% to 4% and earnings per share between $2.23 and $2.37. Despite…
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