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European stocks decline as Federal Reserve eases talk

BLOOMBERG European stocks slid, following a weak session in Asia after Federal Reserve officials pushed back against bets of aggressive interest rate cuts next year. The Stoxx Europe 600 index dropped 0.4%, while US stock futures edged higher. The MSCI Asia Pacific Index lost as much as 1.1%, the most since December 5. The dollar was broadly steady while yields ...

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Rupiah’s resilience put to test as Indonesia heads for elections

BLOOMBERG The rupiah looks poised to weaken heading into 2024, as uncertainty ahead of Indonesia’s national elections in February plays on investors’ minds. The currency may trade around 15,800 a dollar in the first quarter next year, according to BNY Mellon Corp, HSBC Holdings Plc and PT Bank Mandiri. It closed at 15,493 on December 15. Historically, the rupiah has ...

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UAE supports Ukrainian health sector with 2nd batch of ambulances in ongoing relief efforts

ABU DHABI/ WAM The UAE Embassy in Poland, today received a ship carrying 27 fully equipped ambulances to support the health sector in Ukraine. Implementing the wise leadership’s directives, this shipment follows a previous one last September that carried 23 ambulances. Thus, 50 ambulances provided by the UAE were delivered to Ukraine in 2023. The UAE Embassy in Poland has ...

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