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Manufacturing PMIs in Contraction Germany Suffers Most, Major Asset Classes to Upside Indices, Metals, Energy, USD Weakened

Previous Trading Days Events 01.03.2024 Eurozones inflation saw a drop last month but underlying price growth remained stubbornly high. This might hold elevated rates for longer. Inflation across the 20nation Eurozone fell to 2.6 in February from 2.8 a month earlier, just shy of expectations for 2.5, data from Eurostat. However, crucial core figures only […]
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Japans Socionext, Dicso to be Added to Nikkei Index

TOKYO, March 4 Reuters Japan39;s chiprelated Socionext and Disco will be added to the Nikkei share average next month in a regular reshuffle of the benchmark index, the publisher of the stock average said on Monday. Those chip stocks will replace Sumitomo Osaka Cement, Pacific Metals and Takara Holdings, the Nikkei said. The Nikkei 225 breached the 40,000 level […]
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Tesla in Talks with Thai for Production Facility, Govt Official

BANGKOK, March 4 Reuters Electric vehicle EV maker Tesla is in talks with Thailand39;s government for a potential production facility in the country having conducted a site survey late last year, an official from the prime minister39;s office said on Monday. The Thai government has offered Tesla 100 green energy to run the facility that could produce EVs […]
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Gravity Opens Fastest EV Charger in US to Public in NYC

March 4 Reuters Googlebacked EV infrastructure startup Gravity Mobility has opened the fastest charging solution in the United States to the public, as it looks to attract fleet customers. Major fleet operators will have access to 24 of Gravity39;s 500 kilowatt kW chargers in New York, Gravity said on Monday. The devices can charge at […]
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Super Micro Shares Jump as AIbet Gears Up for SP 500 Entry

March 4 Reuters Shares of Super Micro Computer jumped 14 on Monday after the artificialintelligence server maker was set to join the SP 500 index, highlighting the growing dominance of AI stocks in Wall Street39;s benchmark index. The San Jose, Californiabased firm is among the biggest beneficiaries of the AI frenzy on Wall Street. Its shares […]
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Apple Launches MacBook Air Laptops with Faster M3 Chips

March 4 Reuters Apple on Monday unveiled a pair of new MacBook Air laptops with its latest M3 processors, betting that the more powerful models would attract consumers looking to upgrade to artificial intelligencepowered personal computers. The new MacBook Air models come with 13inch and 15inch screen sizes and are up to 60 faster than the […]
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Singapore Tightens Rules for Hiring Foreign Professionals

SINGAPORE, March 4 Reuters Singapore will raise the salary criteria for foreign executives and professionals that companies can hire starting next year, the government announced on Monday. From January next year, foreigners must earn S5,600 4,170 or more a month up from the current S5,000 to qualify for the socalled employment passes typically granted to […]
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