Middle Aged Americans Need Help In Earning More

🇺🇸 🇺🇸 Some 64% of middle-income Americans are currently earning less than 3% on their primary savings account, according to a new survey by CNBC

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China Property: HSBC Says Worst Is Over

🇨🇳 🇨🇳 HSBC CEO says the worst has past for China’s real estate implosion. “The sector has now adjusted, it’s adjusted dramatically downwards, and it’s got to try and rebuild itself over time…The sector itself has bottomed and it has to recover itself from that new lower position”

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EM Companies Face A $400B Debt Bomb

⚠️ ⚠️ Warning: Emerging-Market Companies at Risk With $400 Billion Debt Due. Refinancing grinds to slowest pace since 2011 as yields surge. High-yield companies seen most at *risk of default, bankruptcy
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Lloyds Business Confidence Index Surges

🇬🇧 🇬🇧 Lloyds Bank Business confidence measure hits second-highest level of 2023: 39% (prior 36%)
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UK Shop Price Inflation Plunges

🇬🇧 🇬🇧 BRC data shows UK shop price inflation at lowest since August 2022. Annual shop price inflation dropped to 5.2% from 6.2% in September, its weakest since August 2022

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Apple Unveils Latest Chips

🚨 🚨 Apple has announced its latest line of processors known as the M3. The third-generation of the company’s system-on-a-chip processor, will debut in updated versions of the company’s MacBook Pro laptops. The chip will come in three versions: the M3, M3 Pro, and M3 Max

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Nigeria: Rice Price Surges 61%

🇳🇬 🇳🇬 Nigerians are being pinched by rising food prices where it hurts the most: Rice, the main ingredient for making jollof, a popular delicacy in many Nigerian homes, jumped 61% in September
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Singapore: Luxury Property Demand Was Laundered Money

🇸🇬 🇸🇬 The Truth Has Surfaced: Singapore’s luxury housing deals are drying up as one of the nation’s largest-ever money laundering scandals weighs on the market

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S&P: Biggest Gain In 2 Months

🚨 🚨 S&P 500 notches biggest gain in two months as Fed meeting looms

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Samsung Beats

🇰🇷 🇰🇷 Samsung’s profit beat expectations in the third quarter, a sign the slump in the semiconductor market may be bottoming out

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