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Hong Kong Q4 GDP Expands 4.3 yy, Slower than Forecast

Hong Kong GDP expands 3.2 yy in 2023 Q4 seasonally adjusted GDP increases 0.5 qq Govt tight financial conditions may remain a constraint HONG KONG, Jan 31 Reuters Hong Kong39;s economic growth accelerated in the fourth quarter to 4.3 from a year earlier, official advance estimates showed on Wednesday, with inbound tourism and private consumption […]
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Amer Sports China Reliance Weighs on 2024s 1st Big IPO Sources

NEW YORK, Jan 31 Reuters Amer Sports39; growing reliance on China for its revenue is weighing on the appetite of those considering buying into the sporting equipment maker39;s 1.8 billion U.S. initial public offering IPO, four people involved in the process told Reuters. The company behind Arc39;teryx outdoor apparel, Salomon sporting goods and Wilson tennis gear […]
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Iliad says Vodafone Rejects Proposal to Merge Italian Units

LONDON, Jan 31 Reuters French telecom operator Iliad on Wednesday said Vodafone had rejected a sweetened proposal to merge their Italian businesses, and it would fiercely pursue market share as a standalone operator. Vodafone confirmed the end of talks with Iliad, but it said it was continuing to pursue other options for a deal in Italy. […]
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Indias Sun Pharma Beats Q3 Profit View on Strong Sales

BENGALURUHYDERABAD, Jan 31 Reuters India39;s largest drugmaker Sun Pharmaceutical Industries reported thirdquarter profit above estimates on Wednesday, driven by strong sales in the key domestic and U.S. markets. The company reported a consolidated profit after tax of 25.24 billion rupees 304 million for the quarter ended Dec. 31, beating analysts39; estimate of 24.17 billion rupees as […]
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Australia Retail sales surprise decline, U.S. Further boost in Consumer Confidence, JOLTS Decembers job openings slightly higher

Previous Trading Days Events 30 Jan 2024 Decembers report yesterday for Australias retail sales showed a huge decline surprising the market while annual growth in spending slowed to lows last seen during the COVID19 pandemic lockdowns. Retail sales decline was reported at 2.7 on a seasonally adjusted basis, after rising 1.6 in November. Source httpswww.reuters.commarketsaustralianretailsalesslamintoreversedecember20240130 […]
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