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Berita Valas
India Names Sanjay Malhotra As New RBI Governor
The Indian government on Monday named a top bureaucrat Sanjay Malhotra as the new governor of the Reserve Bank of India. Malhotra, who is currently the revenue secretary in the Ministry of Finance, will take charge from December 11 for a period of three years. He will succeed Shaktikanta Das who has held the post since 2018.
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251 days ago
U.S. Dollar Drops Ahead Of Inflation Data
The U.S. dollar declined against its most major counterparts in the New York session on Monday, as investors focus on inflation data for more clues on the Federal Reserve's rate trajectory.
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251 days ago
Canadian Market Retreats After Hitting New High
Canadian stocks are turning in a mixed performance on Monday with investors tracking commodity prices, and looking ahead to the Bank of Canada's interest rate decision, and some crucial economic data from the U.S.
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252 days ago
Swiss Market Ends Marginally Down After Cautious Session
The Switzerland market started off on a positive note on Monday but slipped into the red soon thereafter, and despite emerging above the flat line around mid afternoon, fell again and ended the day's session marginally down.
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252 days ago
European Stocks Close Mostly Higher Again
European stocks closed higher on Monday with many markets in the region extending gains to an eighth straight session. While strong buying in the mining sector amid expectations of more stimulus from the Chinese government contributed to the positive mood in the markets, geopolitical tensions limited the upside.
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252 days ago
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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252 days ago
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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252 days ago
more news
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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252 days ago
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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252 days ago
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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252 days ago
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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252 days ago
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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252 days ago
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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252 days ago
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