Berita Valas
Alibaba Sees $1.3 Bln Loss On Sale Of Intime Store Chain
Alibaba Group Holding Limited announced its agreement to sell Intime department store chain in China to textile and apparel company Youngor Group-led consortium in around RMB 7.4 billion or $1.0 billion deal. The online marketplace company, which currently holds 99 percent stake in Intime, expects to record losses of around RMB 9.3 billion or $1.3 billion as a result of the planned sale.
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European Shares Decline As German Ifo Index Signals Tough Times Ahead
European stocks hit two-week lows on Tuesday as investors looked ahead to a slew of major central bank decisions later in the week and watched closely the latest political developments in Germany and France.
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FTSE 100 Declines As Wage Growth Accelerates
U.K. stocks fell notably on Tuesday as investors looked ahead to the Federal Reserve and Bank of England's rate decisions.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Tuesday.
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CAC 40 Slides Amid Political Turmoil
French stocks edged lower on Tuesday in the face of mounting political and economic challenges in Germany and France.
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DAX Edges Lower As Investors Weigh Political Risks
German stocks drifted lower on Tuesday due to linger political uncertainties in Germany and France, and ahead of the release of German Ifo business climate index and ZEW economic sentiment numbers for December later in the day.
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Asian Shares Mostly Lower As Investors Await Fed, BoJ Rate Decisions
Asian stocks turned in a mixed performance on Tuesday as investors eyed this week's interest rate decisions from the Federal Reserve, the Bank of Japan and Bank of England for hints on where interest rates are headed in 2025.
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Berita lainnya
Canadian Dollar Falls Amid Canada Political Crises, Crude Oil Prices Drop
The Canadian dollar weakened against other major currencies in the Asian session on Tuesday amid the political crises in Canada, low oil prices and a dovish Bank of Canada outlook.
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Canadian Dollar Falls Against Majors
The Canadian dollar weakened against other major currencies in the Asian session on Tuesday.
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European Shares Likely To Open On Soft Note
European stocks are likely to open on a subdued note Tuesday as investors look ahead to key central bank meetings across the globe.
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European Economic News Preview: UK Unemployment Data Due
Unemployment from the UK and business confidence survey results from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics releases UK unemployment data for October. The unemployment rate is forecast to remain unchanged at 4.3 percent in three months to October.
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Sensex, Nifty Open Lower As Investors Await Fed Verdict
Indian shares opened lower on Tuesday as caution crept in ahead of the Federal Reserve's interest-rate decision on December 18.
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Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Tuesday, following the mixed cues from Wall Street overnight, as traders remain concerned about the ongoing economic uncertainties in China amid lack of adequate financial policy measures. They also seemed reluctant to make significant moves ahead of the US Fed's upcoming interest rate decision tomorrow. Asian markets closed mixed on Monday.
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