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Business Maverick: Asia stocks rise as bank fears ease; Fed path eyed: markets wrapA mildly positive tone for risk taking returned to Asian equity markets on Tuesday as immediate concerns over the strength of the global financial system dissipated.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: The case for European banking stocks just got a complete resetThanks to swift central bank action to stamp out financial sector troubles, the investment case for European bank shares could be set for a complete reset. One where bulls are back in charge. 𝑴𝒚 𝒇𝒂𝒎𝒊𝒍𝒚 𝒂𝒏𝒅 𝑰 𝒂𝒓𝒆 𝒔𝒎𝒊𝒍𝒊𝒏𝒈 𝒃𝒆𝒄𝒂𝒖𝒔𝒆 𝒊𝒕'𝒔 𝒃𝒆𝒆𝒏 𝒔𝒐 𝒃𝒆𝒏𝒆𝒇𝒊𝒄𝒊𝒂𝒍 𝒕𝒓𝒚𝒊𝒏𝒈 𝒔𝒐𝒎𝒆𝒐𝒏𝒆 𝒏𝒆𝒘.𝑻𝒉𝒆 𝒔𝒕𝒆𝒑 𝒘𝒆 𝒕𝒐𝒐𝒌 𝒘𝒂𝒔 𝒎𝒐𝒓𝒆 𝒃𝒆𝒕𝒕𝒆𝒓 𝑮𝒐𝒅 𝒃𝒍𝒆𝒔𝒔 𝒚𝒐𝒖 and your company. TylerScottFx
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Shortage of cooking oil looms as biofuels gain global appealA global biofuel boom is set to drive a shortage of vegetable oils — used for cooking and now increasingly to power trucks and planes — intensifying a debate over food versus fuel. If people have anything to do with things, we'll most likely choose fuel over food. Apparently profit is more important than the human experience.
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Business Maverick: Venezuela graft probe nets officials, more arrests comingVenezuelan authorities stepped up arrests and stripped the immunity of a governing party politician on Tuesday as part of a widening corruption probe that has shaken the top ranks of the socialist party. Can that ever happen in SA? Not while ANC is in power!
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Business Maverick: EU Students and Temporary Workers Are Shunning UK After BrexitThe UK’s proportion of short-term residents from the European Union has plummeted since Brexit, census data show.
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Business Maverick: Tencent Resumes Slim Growth As China’s Internet Sector StirsTencent Holdings Ltd.’s revenue inched 1% higher after two successive quarters of contractions, fueling hopes a Chinese economic recovery coupled with a looser regulatory environment will revive its growth in 2023.
Source: dailymaverick - 🏆 3. / 84 Read more »