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quoting note1jmv…6yvlAsian Currencies Weaken as Dollar Strengthens Amid Rethinking of Rate Cuts
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#191fec04 ver:0.96
Asian currencies weaken as dollar strengthens amid rethinking of rate cuts. Yen drifts lower despite intervention threats, while Australian dollar falls on less hawkish outlook. Dollar gains momentum as interest rate differentials weigh. Investors monitor Fed's stance on rate cuts. #AsianCurrencies #DollarStrength #RateCuts...
#newstr #JapaneseYen #AustralianDollar #UsDollar #FederalReserve #RateCuts #CurrencyMarket #BankOfEngland #AsiaFx #ChineseYuan #SouthKoreanWon
https://here.news/story/191fec04?ver=0.96
quoting note1rgm…gtp3US Revokes Intel and Qualcomm Licenses to Sell Chips to Huawei, Escalating Trade War
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#248b9ba0 ver:0.29
The US has revoked Intel and Qualcomm licenses to sell chips to Huawei, escalating the trade war. This move impacts Huawei's chip sourcing and adds to existing restrictions. National security concerns are cited as the reason, further straining US-China tensions. The global semiconductor industry is expected to be negatively affected. #USChinaTradeWar #Huawei #SemiconductorIndustry...
#newstr #Us #China #Huawei #ExportLicenses #Telecommunications #Technology
https://here.news/story/248b9ba0?ver=0.29
quoting note140l…wl82Japan and India respond to Biden's 'xenophobic' remark, Bharat strongly objects
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#99e2f5f5 ver:1.27
Japan and India strongly object to US President Joe Biden's "xenophobic" remark, emphasizing their historical openness to immigrants. Japan clarifies its recent immigration policy changes, while India highlights its economic growth and pluralistic society. Both countries reject Biden's characterization of their immigration policies. The White House clarifies Biden's intentions, emphasizing his respect for allies and partners. #Japan #India #Biden #xenophobia...
#newstr #JoeBiden #Japan #India #Xenophobia #Immigration
https://here.news/story/99e2f5f5?ver=1.27
quoting note15mk…4029Chinese Real Estate Developer's Desperate Shell Game to 'Sell' New Homes
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#63bf5aa2 ver:0.18
China's real estate bubble burst has led to a housing glut and a desperate shell game by developers. The market faces challenges with a decade-long correction predicted, excess homes, and weak sales. The government may need to spend trillions to fix the sector and ensure social stability. KKR suggests the correction may only be halfway complete, and China needs to restore confidence for GDP growth. Richard Koo emphasizes the need for a narrative that home prices will go up. China's economic predicament may lead to a lost decade. Zhengzhou Real Estate Development Company's desperate move reflects the struggles of the housing market. #ChinaRealEstate #HousingBubble #EconomicCrisis...
#newstr #ChineseRealEstate #ZhengzhouRealEstateDevelopmentCompany #HousingMarket #PropertyPrices
https://here.news/story/63bf5aa2?ver=0.18