China Unveils Tax Incentives to Revive Struggling Property Sector

BEIJING, Nov 13 Reuters China unveiled tax incentives on home and land transactions on Wednesday, aiming to support the crisishit property market by increasing demand and easing developers39; financial difficulties. A finance ministry statement outlining the measures followed pledges by the finance minister to issue relevant tax policies to support the healthy development of the […]
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Flutter Nudges Up Guidance on Growth Outside Booming US Market

DUBLIN, Reuters Flutter, the world39;s largest online betting company, nudged up its fullyear guidance for the second successive quarter on Tuesday after its nonU.S. brands drove betterthanexpected thirdquarter revenue growth. While Flutter39;s growth has been transformed by a gambling boom in the nascent U.S. market, where its FanDuel unit is the market leader, core profit at […]
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Indias Middle Class Tightens its Belt, Squeezed by Food Inflation

Urban consumption hits twoyear low, index shows Inflation at 14month high; food inflation in doubledigits Middle class frustration impacts Modi39;s election performance Fastfood chains report sales declines CHENNAINEW DELHI, Nov 13 India39;s city dwellers are cutting spending on everything from cookies to fast food as persistently high inflation squeezes middle class budgets, threatening the country39;s […]
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Indonesian Bankers say Growth, Inflows could be Hit by Trumps Policies

JAKARTA, Nov 13 Reuters Indonesia39;s growth and portfolio investment could be hit if planned policies of U.S. Presidentelect Donald Trump disrupt global trade and make it harder to cut interest rates, bankers at staterun lenders told a parliamentary hearing on Wednesday. A U.S.China trade war could take around 0.2 percentage points off Indonesia39;s economic growth […]
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German Govt Collapse could have Silver Lining for Europes Markets

Markets bet German fiscal policy could loosen after election Higher growth would support European stocks and the euro Analysts uncertain about how much spending could rise LONDON, Nov 12 Reuters The collapse of Germany39;s government could have a silver lining for the euro zone39;s ailing economy with potentially higher spending likely to support its currency and stock […]
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Expert Technical Fundamental Insights 13.11.2024

EURUSD After three consecutive days of loss, EURUSD was little changed today, trading at 1.0619, the lowest since April 2024 as USD strength remained intact. EUR weakness was due to the political instability in Germany and weaker economic sentiments in EZ this November, not to forget that the next step by ECB is to reduce […]
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