This Co Is Highly Undervalued

🇺🇸 🇺🇸 The shares of this consumer staples company appear undervalued at present, having declined nearly 22% as of December 4th. This translates to a current price-to-earnings ratio of just 14x, significantly lower than both its historical average and the industry average of 17x
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ByteDance Offers To Buy Back Shares

🇨🇳 🇨🇳 ByteDance Offers Investors US$5 Billion Share Buy-Back Amid Stalled IPO Plans – SCMP
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India’s L&T At Record

🇮🇳 🇮🇳 BREAKING: India’s Larsen & Toubro Trades At Record. L&T is known for its focus on technology leadership, offering engineering, manufacturing, and integration of custom-made technology-intensive equipment and systems
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US 10-Year Bond Yield Will Drop Further

🇺🇸 🇺🇸 US 10-Year Bond Yield Will Trade At 3.80% In 2024
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Crypto: KRW Overtakes USD

🇰🇷 🇰🇷 The South Korean won has overtaken the US dollar as the largest fiat trading pair in crypto, according to CCData. The won was exchanged for Bitcoin in 42.8% of fiat trading activity in the largest cryptocurrency in November
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Amazon Targets Shein

📦 📦 #Amazon is sharply cutting fees for merchants selling clothing priced below $20, a sign it’s hunkering down for a price war with Chinese fast-fashion upstart #Shein
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AUD: Rates Market Sees June Cuts

🇦🇺 🇦🇺 The rates market sees the RBA’s peak terminal rate at 4.35%. There is now a 50% chance of a 25bp rate cut by June next year and a full 25bp cut priced for Nov 2024 – exactly 12 mths after the RBA delivered its last rate hike
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