ECB Survey Reveals Gloom

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🇪🇺 🇪🇺 ECB survey highlights steadying inflation expectations as growth prospects remain gloomy

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Softbank Buys Irish Telco

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🇯🇵 🇯🇵 SoftBank Group Corp.’s mobile unit is buying an Irish company that specializes in broadband for cars, placing a bet on smart and driverless vehicle technology in its biggest overseas acquisition since listing
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Nigeria: Fintechs Surge 800%

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🇳🇬 🇳🇬 BREAKING: Fintechs rally 800% in Lagos. The surge in the stocks underscores opportunities for the sector in a country with one of the lowest bank branch densities and largest unbanked populations in the world
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IPO: Crypto Firm Jumps 50%

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🇦🇪 🇦🇪 #Cryptocurrency mining hardware retailer #Phoenix Group Plc soared as much as 50% on its Abu Dhabi debut after an initial public offering that raised 1.36 billion dirhams ($371 million)
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Moody’s Cuts China To Negative

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🇨🇳 🇨🇳 BREAKING: Moody’s Investors Service cut its outlook for Chinese sovereign bonds to negative, underscoring deepening global concerns about the level of debt in the world’s second-largest economy
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Rio Tinto: Big Things Are Coming

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🇬🇧 🇬🇧 Rio Tinto’s Oyu Tolgoi underground project in Mongolia will be one of the biggest copper mines by 2030, producing 500,000 tonnes of copper every year. The Western Range iron ore project will add further iron ore output by 2025
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Bajaj Group: Fifth Largest Conglomerate

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🇮🇳 🇮🇳 Bajaj Group has become the fifth business congolmerate in India to hit a valuation of Rs.10 lakh crore
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S&P: 1.1% Away From All Tome High

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🚨 🚨 On a total return basis, the S&P is now 1.1% from all-time highs
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India Sells Dollars To Prop Up The Rupee

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🇮🇳 🇮🇳 RBI intervention to sell US dollars against INR: Reserve Bank of India intervenes to limit rupee depreciation, selling US dollars
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Japan Services PMI Revised Lower

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🇯🇵 🇯🇵 The Jibun Bank Japan Services PMI was revised downward to 50.8 in November 2023 from a flash reading of 51.7. The latest figure followed a final 51.6 in October, pointing to the softest growth in the service sector since December 2022 and indicating the fifth time of easing in six months
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