HK Developers’ $56 Billion Rout

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🇭🇰 🇭🇰 Hong Kong developers’ shares may not be much of a bargain even after suffering a $56 billion rout, as the correction in the world’s most unaffordable housing market is still far from over
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Singapore Is Fighting Rising Seas

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🇸🇬 🇸🇬 Singapore: Assuming 1.5C of warming, prime real estate in the city worth S$70 billion ($50 billion) faces a high risk of flooding, according to Bloomberg estimates using data from real estate company CBRE Group Inc. Another endangered, and vital, part of the country is Jurong Island, where Shell Plc and Exxon Mobil Corp. have oil and petrochemical operations

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Do Not Settle For The Obvious

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Unlock higher potential returns with us as your investment ally. Don’t settle for the obvious. Our groundbreaking technology, HumanQuant Algorithm, goes steps beyond, unearthing critical information invisible to others. We spot opportunities where others see none, revealing profitable avenues that would otherwise remain hidden
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Watch Arm Holdings

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🚨 🚨 BREAKING: American Bank Upgrades ARM Holdings To Overweight

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Watch Disney

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🐭 🐭 Disney: Activist investor Nelson Peltz’s Trian Fund Management has hiked its stake and could seek multiple board seats, including for himself

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Citi Sells Off China Business

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🇨🇳 🇨🇳 BREAKING: Citigroup to sell China consumer wealth portfolio to HSBC

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Bristol Myers Buys Cancer Drugs Maker

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🧪 🧪 Bristol-Myers Squibb Co. (BMY) has agreed to buy cancer drugmaker Mirati Therapeutics Inc. (MRTX) for $4.8 billion as the company seeks a path through looming patent losses for its top-selling drugs

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Dollar: We Were Spot On [Again]

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🚨 🚨 Instability in the Middle East has the potential to add another leg to the Dollar’s already stellar performance in recent months. That rally has reignited discussion in Europe about whether the euro may once again fall to parity, while sending the yen to as weak as 150 per dollar
On Sat Morning Before the Hamas Attack we warned that the Dollar would go higher
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US Core Inflation Seen Rising

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🚨 🚨 Underlying US inflation is seen rising at a monthly pace that corroborates the message from central bankers that interest rates will need to stay higher for longer

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