On Saturday, China announced plans to “significantly increase” government debt issuance aimed at providing subsidies for low-income individuals, supporting the…
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China to Issue Bonds for Unsold Homes in Bid to Revitalize Ailing Property Sector
by Barbaraby BarbaraIn a strategic move to bolster the struggling property sector and counteract an economic slowdown, China will permit local governments…
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Warren Buffett’s Berkshire Hathaway Inc. has reduced its stake in Bank of America Corp. (BAC) to 9.99%, allowing the billionaire…
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Chinese stocks experienced a downturn, lagging behind their Asian counterparts as investors adopt a cautious stance ahead of a crucial…
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Trump and Allies Criticize Inflation Report, Target Federal Reserve Leadership
by Barbaraby BarbaraFormer President Donald Trump and his close allies swiftly seized on a surprisingly high inflation report released Thursday to launch…
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Bank of Korea Cuts Policy Rate for First Time in Over Four Years Amid Economic Pressures
by Barbaraby BarbaraOn Friday, South Korea’s central bank enacted its first policy rate cut in more than four years, responding to mounting…
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Bank of Korea Cuts Benchmark Rate Amid Cooling Property Markets and Eased Inflation
by Barbaraby BarbaraThe Bank of Korea (BOK) has reduced its benchmark interest rate, responding to signs of a cooling local property market…
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Chinese stocks fell sharply, lagging behind their Asian counterparts as caution looms ahead of a crucial briefing this weekend that…
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Korea Zinc Co. has intensified its share buyback efforts as the competition for control over the world’s leading zinc smelter…
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Federal Reserve Divided Over Rate Cut Decisions as Inflation and Labor Market Dynamics Evolve
by Barbaraby BarbaraMinutes from the Federal Reserve’s September meeting, released on Wednesday, revealed a significant internal debate among officials regarding the magnitude…
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