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China to boost financing for approved housing projects to $560 billion to counter property slump
China will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562 billion), officials said Thursday in Beijing's latest moves to reverse a slump in
Expedia stock jumps on report of acquisition interest by Uber
Shares of Expedia Group Inc. jumped more than 7% in after-hours trading Wednesday after the Financial Times reported Uber Technologies Inc. was considering a bid to buy the online travel company.
CSX profit up 8% as railroad hauls 3% more shipments during the third quarter
CSX's delivered 3% more shipments in the third quarter to help drive its profit 8% higher, but only modest volume growth is expected in the rest of the year as the Southeast rebuilds after two major
Nestle Cuts Full-Year Guidance Weeks After Naming New CEO
Nestle SA cut its revenue guidance for the year as it struggles to rebuild market share after higher prices turned consumers off branded products.
Chinese Shares Rise, Led by Semiconductor Stocks
Chinese shares were higher in morning trade, with the Shanghai Composite Index rising 0.45% to 3217.34, as investors watch a key briefing by China’s housing ministry
Bitcoin Pulls Ahead in Markets in Sign of Bets on Trump Victory
A Bitcoin rally is grabbing the spotlight in part because some investors view the climb as a sign that markets anticipate a victory for pro-crypto Republican candidate Donald Trump in the US
Nigeria’s high interest rate will stay for long — W’Bank
The World Bank has said that Nigeria, Angola and Sierra Leone, with double-digit inflation and weakened domestic currencies, will maintain a high interest rate for a long period and may even increase
Musk Taps Confidante Afshar to Oversee Tesla Sales in US, Europe
Omead Afshar, one of Elon Musk’s closest confidantes, has been promoted to oversee Tesla Inc.’s operations in North America and Europe, according to people familiar with the matter.
CBN verifying disputed $2.4bn FX claims – Cardoso
The Central Bank of Nigeria has commenced a re-validation exercise to ascertain complaints of manufacturers and importers over foreign exchange claims worth $2.4bn. The CBN Governor, Olayemi Cardoso,
Chinese Stock Gains Fizzle as Briefing Lacks Major Stimulus
Chinese stocks gave back earlier gains as a much-anticipated joint ministry briefing on supporting the property market offered few new stimulus measures.
Two SSI checks are coming in November, but none in December. You can blame the calendar.
The Social Security schedule shows SSI beneficiaries are set to get two payments for the month of November, because of the system's calendar.
Hedge Fund Millennium Allocates Money to Hong Kong’s Centerline
Millennium Management LLC has agreed to parcel out money to Hong Kong-based Centerline Investment Management Ltd., the latest example of a multi-strategy firm using external hedge fund managers to
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