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2024-05-20 06:49:48
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Asian Stocks Rise Fueled by Chinese Policy Support: Markets Wrap
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#76cf07ec ver:0.9

Asian stocks rise as China supports real estate market and US stocks hit record highs. Chinese banks keep interest rates unchanged. Gold and copper prices increase. Investors monitor Middle East after Iranian President's helicopter crash. Fed officials to speak on US economy and monetary policy. Economic activity, inflation figures, and policy decisions expected globally. S&P 500 and Nikkei 225 futures rise. Euro and offshore yuan stable. Bitcoin and Ether prices fluctuate. Oil prices fall. Gold prices surge. #AsianStocks #China #USStocks #Gold #Copper #Iran #Fed #Economy #Inflation #PolicyDecisions #Bitcoin #Ether #Oil #GoldPrices...

#newstr #AsianStocks #ChinesePolicySupport #MarketPerformance #IranHelicopterCrash #OilPrices #GoldPrices #China'sCentralBank #HomePricesInBritain

https://here.news/story/76cf07ec?ver=0.9


The Impact of Biden's Tariffs on Chinese Goods and the Future of China's Economy: Experts Doubt Tariffs Will Revitalize US Manufacturing Sector
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#52f5979e ver:1.68

Experts doubt Biden's tariffs on Chinese goods will revitalize US manufacturing. Higher tariffs could harm domestic industries, reduce competitiveness, and impact consumer purchasing power. The affordability of electric vehicles may be affected, and China may focus more on traditional vehicles. The long-term effects on the US economy depend on China's response and domestic revitalization efforts. The trade war aims to reduce reliance on Chinese manufacturing, but decoupling remains uncertain. Biden's tariffs have significant impacts on both countries and require China to redefine its foreign affairs strategy. #Tariffs #USChinaTrade #Manufacturing #Economy...

#newstr #Tariffs #UsManufacturingSector #ChineseProducts

https://here.news/story/52f5979e?ver=1.68


Hong Kong Taxi Association Urges Police to Handle Unlicensed Ride-Hailing Services
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#5bcb625e ver:0.35

Hong Kong Taxi Association urges police to handle unlicensed ride-hailing services, as taxi drivers should not take matters into their own hands. The association calls for the government to issue licenses for premium taxi fleets to improve services and reduce demand for ride-hailing. #HongKong #TaxiAssociation #RideHailing...

#newstr #HongKong #TrafficViolations #IllegalTaxis #Hitandrun #Uber #TaxiIndustry

https://here.news/story/5bcb625e?ver=0.35


Chinese Developers' Shares Fall Despite Support Measures
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#133aea61 ver:1.04

Despite support measures, Chinese developers' shares fell in Hong Kong as the market slipped from a nine-month high. Alibaba and Tencent led Chinese tech companies higher, while ESR Group saw a surge in shares after a non-binding proposal to go private. However, Macau casino operators, EV maker Li Auto, and Hong Kong developers faced declines. In the broader market, the Shanghai Composite Index lost 0.1%, while the Shenzhen Composite Index added 0.4%. Chinese stocks rose on Thursday, led by property and financial shares, as sentiment improved after cities lifted home purchasing restrictions. The market rebounded on Friday, driven by Alibaba's strong performance, but faced declines due to the China-US trade war....

#newstr #HongKongStockMarket #Alibaba #Tencent #EsrGroup #ChineseStocks #PropertyShareSentiment #ChinaPropertyMarket #HousingDelivery #PressConference #ChineseDevelopers'SharesFallingDespiteSupportMeasures

https://here.news/story/133aea61?ver=1.04


Oil Prices Rise on Strong Chinese Data, Middle East Conflict, and Uncertainty over Iran President's Fate
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#11811d82 ver:0.21

Oil prices rise on strong Chinese data, Middle East conflict, and uncertainty over Iran President's fate. Brent crude near $90/barrel. Ongoing tensions in the Middle East and potential disruptions to global oil supply contribute to high prices. #OilPrices #China #MiddleEast #Iran...

#newstr #OilPrices #JoeBiden #Israel #GazaStrip #Taiwan #Tesla #MiddleEastTensions #GlobalOilSupply #Hamas #Ceasefire #BrentCrude #WestTexasIntermediate(wti)Crude #Riyadh #OfficialSellingPrices #StrongDemand #ChineseEconomy #IranPresident'sFate

https://here.news/story/11811d82?ver=0.21


Gold prices climb to record high on US rate-cut optimism
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#50bb159c ver:1.01

Gold prices surge to a record high on US rate-cut optimism, reaching $2,440.59 per ounce. Growing expectations of a US interest rate cut and increased purchases by central banks have driven the increase. Silver prices also rise due to tightening supply and investor demand. Analysts predict further gains, with Citigroup forecasting $3,000 per ounce and Goldman Sachs raising its forecast to $2,700 by year-end. #Gold #Silver #Investing...

#newstr #GoldPrices #UsRatecut #Optimism

https://here.news/story/50bb159c?ver=1.01


US Regulators Reconsider Capital Hike for Big Banks as Federal Reserve Seeks to Reduce Mandated Increase
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#1e3cef1e ver:0.19

US regulators are reconsidering a capital hike for big banks as the Federal Reserve seeks to reduce the mandated increase. The proposed rule, known as the 'Basel III endgame,' would require banks with over $100 billion in assets to hold more funds in reserve. However, large banks and civil rights groups have opposed the proposal, citing concerns about lending limitations and access to mortgage loans. In response to the opposition, the Federal Reserve plans to make significant changes to address criticisms. Additionally, a federal judge in Texas has blocked new regulations that aimed to overhaul how lenders extend loans to low-income Americans, siding with banking and business groups. #BankingRegulation #FederalReserve #BaselIII...

#newstr #FederalReserve #BankRegulatoryProposal #BaselIiiEndgame #Banks #Naacp #CivilRightsGroups #MortgageLending #Democrats #Inflation #RateCuts #BankingIndustry #CivilRightsConcerns #FederalJudge #Texas #Regulations #BidenAdministration #Lenders #LowAndModerateincomeAmericans #CommunityReinvestmentActOf1977 #PreliminaryInjunction #FederalDepositInsuranceCorporation #OfficeOfTheComptrollerOfTheCurrency #FairLendingLaw #CapitalIncrease #Jpmorgan #GoldmanSachs #BaselProposal #BankCapitalization #RiskManagement #GlobalFinancialCrisis #AmericanBanker #IndustryComplaints #AdequateBankCapitalization #RiskManagementPractices #GlobalGovernanceBodies #CfaInstituteSystemicRiskCouncil #EconomicDisruptions

https://here.news/story/1e3cef1e?ver=0.19


Biden Trails Trump by a Narrow Margin in National Polls and Swing States
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#09a9b41a ver:0.2

#Biden trails #Trump by a narrow margin in national polls and swing states. New polls show a close race, with Biden leading by 1% in national polls and Trump leading in crucial states like Arizona and Florida. The 2024 election is shaping up to be the closest since 2000. Both candidates will participate in televised debates in June and September. #Election2024 #Polls...

#newstr #UsPresidentialElection #JoeBiden #DonaldTrump #Polls #SwingStates #TelevisedDebates

https://here.news/story/09a9b41a?ver=0.2

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