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Apple Does Not Need To Sell iPhones

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🚨 🚨 Apple Does Not Need To Sell Any iPhones. Here’s Why: Apple’s Services segment topped an $85 billion run rate in the November earnings report as growth jumped back to the *high-double digits
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GBP Traders Take Note

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🇬🇧 🇬🇧 GBP Traders Take Note: UK minimum wage to be raised by nearly 10%. National Living Wage increased to £11.44 per hour
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China Bails Out Country Garden

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🇨🇳 🇨🇳 BREAKING: Country Garden Holdings Co. and Sino-Ocean Group have been included on China’s draft list of 50 developers eligible for a range of financing support, signaling a pivot by Beijing to help some of the nation’s most distressed builders
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Citi’s Stock Is Undervalued

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🚨 🚨 Citi Stock Is Undervalued: Citigroup is in discussions to start a new direct-lending private credit strategy by early January. The initiative would complement the bank’s existing broadly syndicated leveraged finance business
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Hong Kong And China M&A Deals Slump

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🇨🇳 🇭🇰 In a bad year for deals globally, the value of mergers and acquisitions in mainland China and Hong Kong has fallen 6% to about $185 billion, Bloomberg-compiled data show. That’s on course to be the lowest total for any year since 2013 and little more than half the annual average since then
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Singapore GDP Beats

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🇸🇬 🇸🇬 Singapore’s Gross domestic product in the three months through September grew 1.4% from the previous quarter. The economy increased 1.1% in the third quarter from a year ago, compared with an earlier estimate of 0.7% gain and 0.5% growth in the April-June period
GDP growth in the first three quarters of the year stood at 0.7%, prompting the government to adjust its outlook for the full-year print to around 1% from the 0.5%-1.5% prior forecast
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Money Never Sleeps

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OpenAI: Sam Altman Is Coming Back

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🚨 🚨 BREAKING: OpenAI says Sam Altman is to return as CEO. The company announces that they have reached an agreement in principle, with the details to be announced later
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JPY Traders Take Note

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🇯🇵 🇯🇵 JPY Traders Take Note—Poll – Economists predict Bank of Japan will end negative rates policy in 2024. none expect a change at the December BOJ meeting (on the 18th and 19th)
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