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  • Nov 15, 2024

Samsung Stock Rises Most in Nearly Four Years on Valuation Draw

(Bloomberg) -- Samsung Electronics Co. shares are having their best day since January 2021, as perceptions grow that the South Korean tech company is starting to look like a bargain after a multi-month slump.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsThe world’s lar

  • Nov 15, 2024

Is Trump Really So Great for Bitcoin?

Crypto bros expect the industry to benefit under the new administration, but it isn’t clear that also means bitcoin itself will benefit.

  • Nov 14, 2024

Oil heads for weekly loss as Chinese demand continues to underperform

SINGAPORE (Reuters) -Oil prices fell on Friday on signs demand in China, the world's biggest crude importer, continues to underperform amid its uneven economic recovery. Brent crude futures were down 65 cents, or 0.9%, at $71.91 a barrel by 0450 GMT. "While oil prices have somewhat stabilised around the $71.00 level of support this week, the lack of a concrete bullish catalyst suggests that price recovery remains tepid for now," Yeap Jun Rong, market strategist at IG, said in an email.

  • Nov 14, 2024

Oil Heads for Weekly Drop as Glut Concerns and Dollar Take Toll

(Bloomberg) -- Oil fell, deepening a weekly loss, on the impact from a stronger dollar and concerns that the global market will flip to a glut next year.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsBrent dropped to near $72 a barrel and was down by more than 2% this w

  • Nov 14, 2024

Malaysia Economy Sustains Strong Growth on Investment Surge

(Bloomberg) -- Malaysia’s economy expanded as expected in the third quarter, while remaining on track to meet official forecasts on a surge in investments and increased domestic spending.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsGross domestic product rose 5.3% in

  • Nov 14, 2024

Key Investors Say Bet on These Stocks at Sohn Australia Conference

(Bloomberg) -- Though China’s economy is in a period of transition, the country still offers investment opportunities, Oaktree Capital Management LP’s Howard Marks told attendees at the annual Sohn Australia conference in Adelaide on Friday.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expan

  • Nov 14, 2024

China’s Steel Output Recovers as Market Responds to Stimulus

(Bloomberg) -- Chinese steel output recovered in October, snapping four months of declines, as sentiment brightens following Beijing’s efforts to rekindle economic growth.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsHealthier margins allowed steelmakers to churn out m

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