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Indonesia’s GoTo jumps 24% since May after relentless selloff

  Bloomberg GoTo Group jumped by the most since May as some brokers upgraded the battered stock following weeks of sharp selloff. The Indonesian ride-hailing and e-commerce provider surged 15% to 100 rupiah, snapping 16 straight sessions of losses. Trading volume also soared to about 30 times its three-month average. Even with the latest gain, the stock has plunged more ...

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Sunak unveils plans to tackle UK’s backlog of asylum claims

Bloomberg Prime Minister Rishi Sunak unveiled plans to tackle the UK’s swelling backlog of asylum claims including making it harder for arrivals from Albania to stay in Britain. The premier unveiled a five-point plan to bear down on what he called “illegal migration,” saying it’s “unfair” that people enter Britain “illegally,” because it takes capacity away from processing “genuine” claims. ...

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China sends record wave of bombers into Taiwan Strait

  Bloomberg China’s military sent its biggest daily sortie of bombers into the Taiwan Strait in at least two years, in apparent show of displeasure over a visit by a key member of Japan’s ruling party. The 18 H-6 strategic bombers — the most in Bloomberg-compiled data going back to September 2020 — were part of a sortie of 29 ...

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