Month: September 2023

Blankfein: The Market “May Be Overpaying” You

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🚨 🚨 The Federal Reserve probably won’t need to keep interest rates higher for longer, Lloyd Blankfein, the former Goldman Sachs chairman and CEO, says

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AI Will Trump The Internet

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🚨 🚨 Altimeter Capital Chair and CEO Brad Gerstner is massively bullish on artificial intelligence, saying the power of the advanced technology could even trump the internet. “AI is going to be bigger than the internet, bigger than mobile and bigger than cloud software”

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Russia Is Buying Heaps Of Chinese Goods

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🇷🇺 🇨🇳 Russia currently has 150,000 excess shipping containers that rail depots are struggling to manage, reflecting a surge in Chinese goods flowing into the country but much less moving out. This is according to an analysis published Thursday by Container xChange, a Hamburg, Germany-based trading platform

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Bangkok: The Fine Dining Capital

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🍱 🍱 Bangkok’s Le Du and Nusara are two of a cluster of upscale restaurants in the Thai capital that are climbing up international and regional best restaurant lists. They’ve turned one of the planet’s foremost destinations for cheap eats into a port of call for foodies seeking a luxurious experience alongside their khao mun gai (steamed chicken on rice)

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Luxury: India Is The Hidden Essential Link

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🇮🇳 🇮🇳 Few elite international brands have ever unveiled collections in India, a symptom of an enduring story about the almost $200 billion market for luxury fashion: that garment production is centralized in Parisian ateliers. But unbeknown to most consumers, top European labels have, for years, taken many orders to developing countries, including India, Vietnam and China

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Singapore: Hawker Food Up 12%

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🇸🇬 🇸🇬 Singapore: Prices of everything from satay skewers to seafood noodles have risen over 12% in the past two years. Hainanese chicken rice, a national dish that comes with rice cooked in stock and garnished with cucumber and chili sauce, can rarely be found for around S$3 ($2.20) as was common several years ago. An average plate now costs more than S$4
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Vietnam Economy Picks Up

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🇻🇳 🇻🇳 Vietnam: Gross domestic product increased 5.33% from a year ago in the three months ending September, compared with a 5% median estimate in a Bloomberg survey and a revised 4.05% expansion in the previous quarter. Trade data released by the General Statistics Office also on Friday showed exports returned to growth in September, snapping six months of declines.

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China Saw Improvement In Sep

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🇨🇳 🇨🇳 China: Activity around Chinese shopping malls remained at relatively high levels in September following an increase in August, according to SpaceKnow, a US company that analyzes satellite images. A pickup in cement manufacturing, which began in June, was also sustained through this month, the data show

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