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From best to worst, India’s stock market is setting off alarm bells

Bloomberg Two months ago, it was Asia’s hottest stock market. Now, investors are shunning it. India has wiped out $113 billion in value this year after winning the regional equity crown in 2018. Uncertainty surrounding upcoming elections, an ongoing debt issue, a government that’s making greater demands on the central bank and high valuations have kept investors on the sidelines. ...

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Traders hitch fortunes to yuan, with fixation over currency pact

Bloomberg Traders are likely to return to work on Monday with a little less angst as the world’s biggest economies edge towards a trade deal. All eyes will be on the yuan as the US and China discuss the critical issue of enforcement in a proposed agreement that would ensure Beijing lives up to its promise to not depreciate the ...

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ECB loans ripe for rethink amid economic slowdown in region

Bloomberg European Central Bank (ECB) officials poised to debate the need for new long-term loans for banks might have some even bigger thinking to do. With less than two weeks to go before the Governing Council meets, policy makers are gearing up to discuss whether their response to the region’s economic slowdown should include an update to its targeted lending ...

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