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STOXX 600 Drops for 5th Day, Nvidia Drags Europe Chip Stocks

Auto tops sectoral laggard, hits twoyear low Nvidia drops 4 in US premarket after disappointing forecast Tariff hikes won39;t shift inflation outlook ECB policymaker STOXX 600 down 0.6 Nov 21 Reuters Automobile stocks led losses in Europe on Thursday, with geopolitical tensions weighing on overall market sentiment and keeping some safehaven bids afloat, while chip […]
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Oil Climbs as Geopolitical Tensions Outweigh US Inventories

Brent up 0.8, WTI up 0.9 Market concerns about further escalation of RussiaUkraine tensions U.S. crude inventories rose by 545,000 barrels last week SINGAPORE, Nov 21 Reuters Oil prices climbed on Thursday as geopolitical concerns over escalating tensions between Russia and Ukraine outweighed the impact of a biggerthanexpected increase in U.S. crude inventories. Brent crude […]
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Britains FCA Consults on Motor Finance Complaints Extension

LONDON, Nov 21 Reuters The Financial Conduct Authority is seeking feedback on proposals to give lenders more time to handle complaints on nondiscretionary motor finance commissions, after a recent legal ruling widened the number of customers they may need to compensate. The regulator has previously extended the time firms have to respond to motor finance […]
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Starbucks Weighs Strategic Partnerships for China Operations

Nov 21 Reuters Starbucks reiterated on Thursday it is exploring strategic partnerships for its Chinese operations, after a media report saying the company is considering selling a stake in the business to a local partner. The Seattlebased company, facing a decline in demand for its beverages in major markets such as the U.S. and China, aims […]
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Japan Plans 90 bln Spending in new Stimulus Package, NHK

TOKYO, Nov 21 Reuters Japan is considering spending 13.9 trillion yen 89.7 billion from its general account to fund a new stimulus package aimed at mitigating the impact of increasing prices on households, public broadcaster NHK said on Thursday. The proposed spending, exceeding the 13.2 trillion yen allocated for last year39;s economic stimulus, is set […]
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Worst May Be Over for Property, Says Ivy Ng of DWS

Falling interest rates could spark a return to real estate M&A deals across the Asia-Pacific region, according to Ivy Ng, APAC Chief Investment Officer at DWS Group. Ng joins John Lee and Katia Dmitrieva on the Asia Centric podcast to break down where she sees the biggest opportunities and risks, and argues the worst may […]
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Trump to Unleash nearly 40 Tariffs on China in Early 2025, Hitting Growth Poll

BENGALURUBEIJING, Nov 20 Reuters The United States could impose nearly 40 tariffs on imports from China early next year, a Reuters poll of economists showed, potentially slicing growth in the world39;s secondbiggest economy by up to 1 percentage point. The poll, the first on China39;s economy by Reuters since Donald Trump39;s sweeping election victory on Nov. 5, […]
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