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Banking & Finance
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Central bank slashed its policy rate last month for the second time in a row to help prop up the economy
The company also announced a quarterly cash dividend of 76 cents per share
This represents a 6.7 percent increase over 2022
The economy grew by only 0.8 percent over the past year, the slowest pace of growth since the early 1990s
Over 60 percent of industrial sectors experienced enhanced profitability in October relative to the prior month Â
Other global brokerages, including Goldman Sachs and J.P.Morgan, anticipate a 25 bps cut from the central bank next month
Energy
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Total U.S. imports of crude oil fell by 498,000 bpd to 6.43 million bpd last week, the lowest in a month
Equity investment funds, valued at 10.89 trillion yuan, were the largest category
Law authorized around a $1 billion investment over five years to modernize natural gas distribution pipes across the U.S
This turbine has a 260-meter diameter wind wheel and a sweeping area of 53,100 square meters
The U.S. Gulf of Mexico accounts for around 15 percent of total domestic oil production and 2 percent of natural gas production
Russia's oil exports to Asia-Pacific region grew 1.5-fold and already exceeded 60 percent
Health
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Starting in 2025, 1,000 full-time faculty will be added at state medical schools by 2027, including 330 next yearÂ
The country is grappling with a labor shortage exacerbated by a declining birthrate
Unlocking the $100 billion weight loss market opportunity
Enhancing employee well-being improves organizational performance
Middle East home to some of the highest engagement with apps Â
 The Global Effort in Accelerating the 5th Industrial Revolution
Industry
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Exports surged by 6.7 percent year-on-year, totaling 23.04 trillion yuanÂ
Over 60 percent of industrial sectors experienced enhanced profitability in October relative to the prior month Â
Equity investment funds, valued at 10.89 trillion yuan, were the largest category
The deal stipulates that Korea will allocate $905 million from the fund for the construction of the initial segment of the Laguna Lake Road NetworkÂ
This deficit reached 3.7 percent of GDP, the highest since Q2 2022, up from 3.4 percent in Q1
The industrial output, a key economic indicator, increased by 4.5 percent YoY in August
Logistics
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The zone will offer tax incentives and include key areas in sectors such as aerospace and tourism
The rail network has commissioned 487 MW of solar energy plants as of last month
This represents an increase of 0.2 percentage points compared to October 2024Â
The airport invested £1.1 billion in 2024 and benefited over 1,100 supply chain partners in the UK
Record high semiconductor exports drove the industry’s growth
Exports surged by 6.7 percent year-on-year, totaling 23.04 trillion yuanÂ
Markets
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The closely watched core measurement of the Consumer Price Index slowed for the first time in months
The U.S. came in second with 133 deals of $23.1 billion while China ranked third with 69 transactions worth $5.3 billion
CPI showed annual inflation fell by 0.4 points to a lower-than-expected 2.5 percent
Japan's broader Topix index also witnessed a 0.88 percent rise to 2,483.30 while the Nikkei 225 index inched up 0.56 percent to 35,025
Analysts projected Meta's 2024 capex at $35-40 billion, but the company raised the minimum to $37 million
The S&P 500 technology index declined 1.36 percent, marking the previous session's largest decline
Miscellaneous
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This development is a key step in strengthening the nation's resource securityÂ
In 2023, 95 percent of EV sales in emerging markets were premium models, unaffordable for most consumers
This represents a 6.7 percent increase over 2022
Despite competition from the U.K., Canada, and Australia, the U.S. remains the top choice for international students
Spacecraft spans 30.5 meters from end to end and weighs about 5,900 kilograms
Musk has often revised Starship timelines, claiming uncrewed Mars landings in five years and human landings in sevenÂ
Real Estate
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Northern Ireland was the best-performing area for the second year running, with prices up 7.1 percent
The median sales price of a new U.S. home in November 2024 was $402,600, down from $437,300 in October
London continues to have the most expensive house prices in the U.K., now averaging £543,308
30-year fixed-rate mortgage averaged 6.44 percent as of October 17, up from 6.32 percent one week ago
Mortgage rates drop to 4.75 percent to 5.00 percent range as housing affordability improves
This trend is attributed to heightened foreign investment spurred by the weak yenÂ
Telecom
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$36.3 billion in cloud and big data revenue drives the industry
