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World’s lowest rate may soon be raised in Denmark

Bloomberg Denmark and Switzerland have long shared the world record in negative interest rates, at minus 0.75%. But that may be about to change. Economists at some of the biggest Nordic banks say Denmark, which pegs the krone to the euro, is likely to raise its key rate in the coming months. Not long ago, they thought a cut was ...

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Irish property stocks lead slide after Sinn Fein surge

Bloomberg Irish stocks slid on Monday after polls put Sinn Fein in place for a possible role in government, fuelling declines in banks and property shares given that the party’s policies include a wealth tax and a freeze on residential rents. The benchmark ISEQ Index slid as much as 1.4%, with Bank of Ireland Group Plc and AIB Group Plc ...

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Palm oil giant says blow to China, India sales is ‘temporary’

Bloomberg The double-whammy to palm oil demand from a trade spat with India and the coronavirus in China is likely to prove only temporary, according to FGV Holdings Bhd, one of the world’s largest producers. That’s because supplies are low this quarter, and food and fuel demand is set to stay robust over the long term, according to Chief Executive ...

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