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U.S. Wholesale Inventories Rise In Line With Estimates In October
A report released by the Commerce Department on Monday showed a modest rebound by wholesale inventories in the U.S. in the month of October. The Commerce Department said wholesale inventories rose by 0.2 percent in October after slipping by 0.2 percent in September. The uptick matched economist estimates.
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LG Electronics' India Unit Files For IPO To Raise Up To $1.8 Bln
LG Electronics India Pvt. Ltd., affiliated to South Korean consumer electronics major LG Electronics Inc., has filed for initial public offering in India. As per reports, the IPO would raise up to $1.8 billion or around 15,000 crore rupees. The company has filed the draft prospectus with Indian markets regulator SEBI to sell 101.82 million shares of face value of 10 Rupees each.
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Spike In Hiring And Consumer Sentiment Lift Dollar
The U.S. Dollar recorded modest gains during the week ended December 6 amidst positive surprises in payroll additions and consumer sentiment.
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Bay Street Likely To Open Higher On Firm Commodity Prices
Canadian shares may open higher on Monday with energy and materials stocks attracting buyers thanks to firm crude oil and bullion prices. The mood is likely to remain cautious with investors looking ahead the Bank of Canada's interest rate decision, and U.S. consumer and producer price inflation data, due later in the week.
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Eurozone Sentix Investor Confidence At 13-Month Low
Eurozone investor confidence deteriorated in December as the weakness of the German economy together with the political crisis in France dragged down the EU economy, results of the Sentix survey showed Monday. The Sentix investor confidence index for Eurozone fell to -17.5 from -12.8 in November, the behavioral research think tank said. This was the lowest value since November 2023.
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Sensex Extends Losses For Second Day; Nifty Ends Below 24,650
Indian shares ended slightly lower on Monday as heightened geopolitical tensions in the Middle East offset bets of a Federal Reserve rate cut later this month.
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European Shares Extend Gains On China Optimism
European stocks rose for an eighth consecutive session on Monday, with China-related miners, luxury goods makers and automotive companies leading the surge.
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Berita lainnya
FTSE 100 Rises Led By Miners
U.K. stocks were moving higher on Monday after China's leaders pledged "more proactive" fiscal and monetary policies next year to boost domestic consumption.
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Google Sues Consumer Finance Regulator Over Supervision Of Payment Arm
Google has filed a lawsuit against the U.S. consumer finance regulator, which placed the tech major's payment unit under federal supervision, reports said. Earlier on Friday, the Consumer Financial Protection Bureau or CFPB announced its order to supervise Google Payment Corp., which could result in routine inspections and monitoring like those imposed on banks.
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662 hari yang lalu
CAC 40 Rises As China Vows More Proactive Stimulus
French stocks rose on Monday as investors cheered signs of fresh stimulus measures in China.
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DAX Edges Higher On China Stimulus Optimism
German stocks traded slightly higher on Monday after a measure of China's consumer inflation unexpectedly decelerated in November and factory deflation eased, raising hopes for more proactive fiscal and monetary policies next year to boost domestic consumption.
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662 hari yang lalu
Asian Shares Decline As China Deflation Persists
Asian stocks retreated on Monday, as Chinese inflation data signaled continued demand weakness and political turmoil continued in South Korea after President Yoon survived impeachment.
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China Inflation Eases Unexpectedly To 5-Month Low; PPI Falls
China's consumer price inflation eased unexpectedly to a five-month low in November and producer prices continued to fall suggesting that the sequence of stimulus measures initiated by Beijing had limited impact on reviving domestic demand. The consumer price index posted an annual increase of 0.2 percent, the National Bureau of Statistics reported Monday.
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