Author: Investor Empires
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China offers few details on stimulus in Saturday’s press conference
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China’s State Council Information Office held a long-awaited press conference on Saturday, chaired by Finance Minister Lan Fu’an. The market was hoping for more announcements on fiscal stimulus after media was told that an invitation said officials would outline the country’s plans to intensify counter-cyclical adjustments in its fiscal policy.…
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German National Accused Of $150 Million Crypto Fraud Evades Capture
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Horst Geisha, a German national accused of orchestrating a $150 million cryptocurrency fraud scheme, is on the run after failing to appear in federal court in Brooklyn. Gisha was reportedly under house arrest at his New York City home, after taking out a $5 million bond secured by his domestic…
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Verdi union against Commerzbank cross-border merger regardless of bidder nationality By Reuters
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ROME (Reuters) – German trade union Verdi will oppose Commerzbank’s cross-border merger even if the bidder is not an Italian bank like UniCredit, an official said on Saturday. Berlin was surprised by UniCredit’s decision to build a significant stake in state-backed Commerzbank, a move the Italian bank says could lead…
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Is Bitcoin Price Primed For New Record High? Analyst Provides Update On $78,000 Prediction
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Opeyemi is a skilled writer and enthusiast of the exciting and unique world of cryptocurrencies. Although the digital asset industry was not his first choice, he has remained quite drawn since he forayed into this space over the course of two years. Now, Opeyemi takes pride in creating unique pieces…
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4 supplements that may help your lower cortisol levels
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Cortisol is a stress hormone that is often maligned for its role in increasing belly fat and the risk of developing a number of chronic diseases. It is a hormone your body secretes to help you fight or flee the scene in the face of a threat. But when your…
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4 supplements that may help your lower cortisol levels
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Cortisol is a stress hormone that is often maligned for its role in increasing belly fat and the risk of developing a number of chronic diseases. It is a hormone your body secretes to help you fight or flee the scene in the face of a threat. But when your…
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USDCAD is snapping back higher after a stronger jobs report. Buyers back in control
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USD/CAD has been trending higher since bottoming on October 2 near 1.3472. Momentum over the past eight trading days has pushed the price to a high of 1.37826. Taking that price to the bottom of the next targeted swing zone between 1.3784 and 1.38036 (back to April 2024 – see…
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Banks’ eight-month profit up 12pc to Sh181bn amid defaults
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Commercial banks recorded an 11.58 per cent increase in pre-tax profits to Sh181.1 billion in the first eight months of the year, defying an environment of rising loan defaults and low willingness to borrow. Central Bank of Kenya (CBK) data shows that January-August profits rose from Sh162.3 billion in the…
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Banks’ eight-month profit up 12pc to Sh181bn amid defaults
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Commercial banks recorded an 11.58 per cent increase in pre-tax profits to Sh181.1 billion in the first eight months of the year, defying an environment of rising loan defaults and low willingness to borrow. Central Bank of Kenya (CBK) data shows that January-August profits rose from Sh162.3 billion in the…
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How US election could impact CEEMEA equities
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Investing.com – The US election is likely to impact the economies of Central and Eastern Europe, the Middle East and Africa, and JPMorgan discusses the potential consequences. The US investment bank took a look at four key policy areas affected by the US presidential election – tariffs, the dollar, oil…
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Arkham Intelligence Set To Launch New Crypto Derivatives Exchange Next Month
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According to a recent report by Bloomberg, blockchain data company Arkham Intelligence, backed by Sam Altman, founder of OpenAI, is preparing to launch a cryptocurrency derivatives exchange in November. A new crypto exchange is on the horizon According to According to a source familiar with the plans, Arkham is moving…
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UK Sponsor Licence Requirements and Process
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The UK Government has established requirements for UK employers and businesses to obtain a sponsorship license if they intend to employ a foreign worker from outside or within the UK. There is no need for a company to be in operation for a certain period of time to apply for…
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Fed’s Bowman does not comment on Fed policy or the economy at speaking engagement
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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Trump-Backed DeFi Project Set To Launch WLFI Token Sale October 15
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This article is also available in Spanish. Former President Donald Trump forays into decentralized finance (DeFi) with his initiative, Global financial freedomhas officially begun onboarding users, and the public sale of its WLFI token is scheduled to take place on October 15. This announcement comes as the project aims to…
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Brutal Acid Attack Prompts Executive to Hunt Down His Assailants
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Breadcrumb Trail Links PMN Business It was a cold and sunny Sunday morning on March 4, 2018, and Bernhard Günther spotted snowflakes as he walked through Haan, a quiet and leafy suburb of Düsseldorf. The area is called Musikantenviertel, or musicians’ quarter, for the street names that pay homage to…
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Brutal Acid Attack Prompts Executive to Hunt Down His Assailants
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Breadcrumb Trail Links PMN Business It was a cold and sunny Sunday morning on March 4, 2018, and Bernhard Günther spotted snowflakes as he walked through Haan, a quiet and leafy suburb of Düsseldorf. The area is called Musikantenviertel, or musicians’ quarter, for the street names that pay homage to…
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Can the Government save US ecommerce from Temu and Shein? By Investing.com
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Investing.com – The US government is now facing a growing e-commerce challenge: the growing influence of Chinese retail giants Temu and Shein. Both platforms have revolutionized the US market with their ultra-low-cost products and unique consumer-to-manufacturer business models, providing huge price advantages over local competitors. With the recent proposals made…
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Apollo exec: More investors get access to excess returns
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In an era of high interest rates, Israeli banks are making incredible profits. Many investors want a piece of the credit saving pie, rather than buying stocks or bonds in the public market. To this end, large investment funds such as Apollo Global Management and others have built proprietary investment…