Money Never Sleeps

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Citi Is Bullish On India

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🇮🇳 🇮🇳 Tyler Dickson, head of investment banking at Citi, sees India as a shining star in Asia right now. Citi is bullish on M&A and equity market activity in India. The M&A market has been pretty good in India, all things being equal — a $85 billion type of opportunity

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Tata Consumer Trades At Record

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🇮🇳 🇮🇳 BREAKING: India’s Tata Consumer Products Trades At Record High

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Singapore’s Non-Oil Exports Surge

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🇸🇬 🇸🇬 Singapore non-oil domestic exports (NODX) +11.1% m/m in September (expected +3.2%)

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Maersk Teams Up With SpaceX

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🚢 🚢 Shipping giant Maersk is teaming up with Elon Musk’s SpaceX Starlink satellite network to equip hundreds of container vessels with high-speed internet access

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Baidu: China’s AI Poster Child

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🇨🇳 🇨🇳 Baidu declared its large language model has finally caught up with OpenAI’s most advanced GPT-4, claiming the lead in his country’s race to develop AI that can rival the US

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Ambani’s Son Faces Proxy Firms’ Pushback

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🇮🇳 🇮🇳 Institutional Shareholder Services has recommended that shareholders vote against the proposal to appoint Ambani’s youngest son on the board of the family-controlled Reliance Industries

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Watch India’s HDFC Bank

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🇮🇳 🇮🇳 Citi & HSBC Gives A Buy Call On HDFC Bank While Morgan Stanley Gives An Overweight Call

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