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China Steps Up Stimulus Measures: As fears of a potential economic slowdown in China grow, the country has announced new stimulus measures to boost growth, including tax breaks for small businesses and increased lending support for struggling industries. These measures come as China faces increasing pressure from continued lockdowns due to rising Covid-19 cases. (https://www.ft.com/content/a24d5046-6ce5-4730-acb5-58887712a8b0)
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U.S. Tech Companies Face Scrutiny on ESG Issues: Tech giants like Apple, Facebook, and Amazon are under increasing pressure from investors regarding environmental, social, and governance (ESG) issues. Shareholders are demanding more transparency and action on areas such as data privacy, workers' rights, and climate change from these companies. (https://www.ft.com/content/4a8b02e1-f4e3-4a50-97ad-ae94ea7c01fa)
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Oil Prices Surge Amid Global Uncertainty: Oil prices have reached their highest levels in seven years as geopolitical tensions in the Middle East and concerns over Russian energy supplies continue to create uncertainty in global markets. The surge in oil prices is putting pressure on consumers and businesses around the world, leading to fears of further inflationary pressures. (https://www.ft.com/content/7b560ad9-3473-487e-b5df-b1a28679ff96)
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HSBC Launches Crypto Custody Service: HSBC, one of the world's largest banks, has announced plans to launch a cryptocurrency custody service for institutional investors. The move reflects growing interest in digital assets among traditional financial institutions, despite regulatory uncertainties and concerns over the volatility of the crypto market. (https://www.ft.com/content/21825bf0-ed77-41ac-94e2-eb2ed7d68c87)
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BlackRock Warns of Market Volatility: The world's largest asset manager, BlackRock, has issued a warning about potential market volatility in the coming months, citing risks from inflation, interest rate hikes, and geopolitical tensions. Investors are urged to remain cautious and diversify their portfolios in order to navigate uncertain market conditions. (https://www.ft.com/content/c5696092-46c9-4dd3-8c64-1f4b1c5446d6)
Created
February 6, 2025 21:33
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