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Markets absorb shock Trump victory, region seen resilient

  Reuters Gulf stock markets dependent on foreign funds, such as Dubai and Qatar, fell on Wednesday as the region absorbed the shock of Donald Trump’s US election win and prepared for more volatile trad- ing ahead. Trump, feared by markets because of his views on trade, immigration and taxation, may enact policies that could affect the oil price, the ...

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Modi banknote move jolts India stocks, as US vote weighs

  Bloomberg Indian equities and the rupee weakened after Prime Minister Narendra Modi’s government unexpectedly withdrew high-denomination banknotes and as Donald Trump clinched the US presidency. The S&P BSE Sensex tumbled as much as 6.1 percent before trading 2.8 percent lower at 12:50 p.m. in Mumbai. The rupee dropped 0.2 percent to 66.7425 per dollar, poised for its biggest drop ...

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Samsung seeks redemption with AI-infused Galaxy S8

  Bloomberg Samsung Electronics Co. plans to equip its next Galaxy S smartp- hones with a Siri-like digital assistant, seeking to make a come- back after the global debacle that precipitated the death of its flawed Note 7 lineup. Samsung, which last month acquired US-based artificial-intelligence software company Viv Labs Inc., said the Galaxy S8 slated for next year will ...

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