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Banking & Finance
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New levies target South Korean automobiles and pharmaceuticals
Net purchases of long-term U.S. securities by foreign residents reached $221.8 billionÂ
Customs revenue reached $27.9 billion while the Supreme Court reviews emergency tariff sanction laws
As the country moves forward, policymakers face the challenge of striking a careful balance between political stability and prudent economic and financial reforms
Holdings now represent 5-6 percent of China’s foreign exchange reservesÂ
Economic indicators suggest ongoing struggles, with the property sector and consumer spending driving concernsÂ
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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Multibillion-dollar commitment is expected to generate tens of thousands of high-skilled direct and indirect jobs across the U.S.
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
Industry
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China e-commerce sector emerges as primary economic engine supporting 78 million jobs
Semiconductors continued to power overall export growth despite U.S. tariff measures affecting global trade flows
A joint venture will fund a plant with an estimated capacity of 100 tons of galliumÂ
The European Commission set out two strategies to ensure Europe stays ahead, driving adoption in key industries and putting Europe at the forefront of AI-driven science
Moderate growth reflects resilience amid high inflation, tariff disruptions, and cautious business investmentsÂ
S&P Global's PMI for manufacturing dropped to 48.8, marking a decline from June's 50.1Â
Logistics
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Agreements form part of the implementation framework of the broader U.S.-Indonesia trade deal Prabowo is set to sign with Trump on Thursday
The import surge, driven by technology needs, indicates a strong demand unmatched by domestic productionÂ
The European Union will eliminate or reduce tariffs on 99.5 percent of imports from India over a seven-year period
China posted monthly trade surpluses of more than $100 billion on seven occasions last year, partly supported by a weaker yuan
A smaller trade deficit acts as a tailwind for GDP, redirecting expenditures to U.S.-made goodsÂ
Trade deals are emerging as a powerful catalyst for opening markets, redirecting capital and redefining how businesses pursue growth worldwide
Markets
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Country's gold-backed ETFs saw a remarkable inflow of 133.12 tons
Treasuries fell amid volatility as risk sentiment recovered
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
Miscellaneous
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The K visa simplifies entry for young professionals, eliminating job offer requirements for STEM fieldsÂ
The Tianping-3A 02 satellite boosts Chinese radar imaging and supports space exploration effortsÂ
Google has previously faced financial penalties, including over $1 billion paid to France for tax fraud allegations
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
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
