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Swedish housing showing signs of calming, says Riksbank chief

Bloomberg Sweden’s ailing housing market may be entering a calmer phase after being battered by rising interest rates and soaring costs of living, Riksbank Governor Erik Thedeen said. “If you look at some of the indicators, the decline may have subsided,” Thedeen said at a residential real estate conference in Stockholm. “Perhaps there are signs of some form of stabilisation ...

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UK overtakes India as world’s sixth-biggest equity market

  Bloomberg The UK has surpassed India as the world’s sixth-largest equity market for the first time in almost nine months as a weaker pound boosted the appeal of heavyweight exporters trading in London and Adani Group-led jitters weighed on stocks in Mumbai. The combined market capitalisation of the primary listings in the UK, excluding ETFs and ADRs, reached about ...

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Tokyo bourse’s buried notice spurs surges in cheap Japanese stocks

  Bloomberg A notice buried towards the back of a Tokyo Stock Exchange document last month encouraging better corporate governance has led to some big share price moves. The Japanese bourse said it will request companies trading below book value to come up with capital improvement plans starting this spring. While just the latest in a long series of such ...

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