Month: December 2023

New York Times Sues Microsoft

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🚨 🚨 New York Times sues Microsoft, ChatGPT maker OpenAI over copyright infringement
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BofA: China Is Still Unloved

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🇨🇳 🇨🇳 The Bank of America released its latest Asia fund manager survey, revealing the most and least favored markets in the region for 2024 — and named one sector “at the helm”
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Spot Gold Trades At Record

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💥💥 BREAKING: Spot Gold Trades At Record Above $2080 per ounce
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China’s Industrial Profits Rebound Sharply

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🇨🇳 🇨🇳 China’s November Industrial Profits rebound with 29.5% y/y Growth from October’s 2.7% y/y
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Special Report: AI In 2024

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🧠 🧠 After a blowout 2023, it’s safe to say AI is here to stay. And, while many on Wall Street expect that excitement to continue into the 2024, the next wave of winners may begin to emerge as the craze broadens out beyond this year’s winners
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Intel To Build $25B Plant In Israel

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🚨 🚨 Israel grants Intel $3.2 billion for new $25 billion chip plant, biggest ever company investment in country
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Bitcoin? Solana Is Top Performer

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🚨 🚨 Solana is now up 1,100% this year, making it the 4th largest coin by mkt cap behind #Bitcoin , #Ether, and #Tether
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2023: Japanese Equities Outperformed

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🇯🇵 🇯🇵 Japan’s Topix index and the Nikkei 225 Stock Average both touched 33-year highs and rose more than 20% so far for 2023, beating most equity benchmarks in the rest of Asia. Gauges that track Japanese automakers and electronics companies surged at least 33% as the yen depreciated against all major currencies
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Global Investors Buy Chinese Bonds

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🇨🇳 🇨🇳 Global investors boosted their holdings of Chinese bonds by 251 billion yuan ($33 billion) last month, the second most on record according to China’s foreign exchange regulator. The increase was nearly six times October’s amount and puts yuan bonds on track to reverse last year’s record outflows of 616 billion yuan
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Nomura’s Move A Big Signal

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🇯🇵 🇯🇵 An affiliate of Nomura Holdings Inc. has hired former Bank of Japan Deputy Governor Masayoshi Amamiya as an adviser at a time of intensifying speculation over the direction of the country’s monetary policy
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