Month: September 2021

Fitch Downgrades Evergrande To C Rating

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🇨🇳 🇨🇳 Evergrande downgraded to C from CC rating at Fitch Ratings, meaning “Near Default”
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Bharti Airtel To Make Announcement Tomorrow

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🇮🇳 🇮🇳 BHARTI AIRTEL : CO TO HOLD AN ONLINE PRESS BRIEFING TO SHARE AN IMPORTANT ANNOUNCEMENT TOMORROW
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Merck’s Covid Pill Works Against Delta Variant

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🚨 🚨 Merck (MRK) says research shows its Covid-19 pill works against variants
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Traders Buy Apple Calls

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🚨 🚨 Traders Buy $19.2M worth of Apple call options at $143 strike price
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Taiwan Ready To Hike Rates On Fed Action

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🇹🇼 🇹🇼 Taiwan: Central bank says if the Fed hikes rates it will consider doing so
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Goldman: Hidden Local Govt Debt In China Half Of GDP

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🇨🇳 🇨🇳 Goldman Sachs says hidden local government debt in China is half of GDP. total debt of local government financing vehicles rose to about 53 trillion yuan ($8.2 trillion) at the end of last year. That’s equal to about 52% of gross domestic product and is larger than amount of official outstanding government debt
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Ether Trades Above $3K

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🚨 🚨 BREAKING: ETHER TRADES ABOVE $3K
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Evergrande Has $156B In Off-Balance Sheet Debt

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🇨🇳 🇨🇳 Goldman: “Evergrande has potentially RMB 1tn (USD 156bn) in off-balance sheet debt and contingent liabilities”
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SEC Chief Supports Bitcoin ETF

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🇺🇸 🇺🇸 BREAKING: SEC Chairman Gary Gensler reiterates his support for a bitcoin futures ETF
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Ethereum Co-Founder Proposes Cheaper Transactions

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🚨 🚨 Ethereum Co-Founder Vitalik Butterin Proposes Ethereum Wallets (ERC-4337) And Cheaper Transactions
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