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  • MarketWatch

    Asian markets rise, encouraged by earnings and Wall Street’s rally

    Asian shares gained Friday as investors cheered a strong set of earnings from retailers that has sent U.S. shares higher.

  • Reuters

    High gas prices, energy security fears impede decarbonisation push

    Energy security has become a top priority for importers as forecasts of tighter gas supplies and volatile prices in the next few years are keeping buyers on edge and impeding the push towards decarbonisation, energy executives said. Europe is importing record volumes of liquefied natural gas (LNG) as gas from its top supplier Russia has been disrupted following the Ukraine crisis. "Geopolitical conflicts have made gas markets unstable," Yalan Li, chairperson of the board of directors at Beijing Gas Group said at the World Gas Conference.

  • Reuters

    Japan's Nikkei rises after three-day slide; Nippon Yusen shines

    Japan's Nikkei rose on Friday after three straight sessions of falls, tracking an overnight Wall Street rally, although gains were limited as investors started selling stocks when the benchmark index approached the 27,000 psychological level. Wall Street closed sharply higher overnight after optimistic retail earnings outlooks and waning concerns about overly aggressive interest rate hikes by the Federal Reserve put investors in a buying mood. "Wall Street's strong finish lifted Japanese markets, but investors sold shares as soon as the Nikkei got close to the 27,000 level to book profits," said Ikuo Mitsui, a fund manager at Aizawa Securities.