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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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China outbreak to spur higher prices as farm links disrupted

Bloomberg China’s consumer prices rose the fastest in more than eight years last month, with the outbreak of the coronavirus and subsequent shutdowns of transport links across the country making further gains in the coming months likely. Consumer prices rose 5.4%, with food prices jumping the most since 2008 in January. Even before the coronavirus, prices were likely to have ...

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