CLSA: US Treasury Interest Expenses Surge, Emerging Market Fund Flows Shift to Taiwan, S Korea and India
AASTOCKS News·- CLSA Securities reported that US federal debt exceeded USD 40 trillion and interest expenses doubled to USD 1.37 trillion. - Emerging market fund flows shifted, with Taiwan, South Korea, and India recording net foreign inflows while Brazil saw outflows. - August earnings forecast revisions strengthened globally, with developed markets reaching their strongest level since October 2021.Dow Jones Top Company Headlines at 1 PM ET: Walmart Shares Slump on Weakest Sales Growth in Over Six Years | Super ...
MorningStar·- Walmart shares fell 9 % due to recording their weakest sales growth in over 6 years. - Alibaba reported weaker fiscal first-quarter earnings as it invested heavily in artificial intelligence to preserve its market lead. - CK Hutchison filed international arbitration against Panama seeking $ 1.5 billion in damages over a port dispute.