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Stocks Rebound with KOSPI Surging in S. Korea
Chips Benchmark SOX Lifted
Amazon Gains After 5th Quarter of Cloud Sales Growth
Apple Slumps as Supply Shortages Hurt Sales Forecast
Oil Giants Earnings Preview
Treasury Yields Elevated After 1st Post-Fed Eco Data (Source: Bloomberg)
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Crédit Agricole Deputy General Manager and CFO Clotilde L'Angevin Original told Bloomberg TV that Italy is a strategic market for the bank, representing 20% of its net income. Asked about a possible merger between Banco BPM, which counts Credit Agricole as its largest investor, and Banca Monte dei Paschi di Siena she said that Credit Agricole is “key to the setup, thanks to our 29.3% position.” “Nothing can be done without us and nothing can be done against us,” she added. (Source: Bloomberg)
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August is historically the rand’s worst month, and traders expect this year to be no different as questions about the central bank’s policy stance add to seasonal woes for South Africa’s currency.
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The UK Financial Conduct Authority unveiled how much data it will allow to be published on UK equities trading on Friday, a move that could encourage more activity on the London Stock Exchange.
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Bain Capital-controlled Dhoot Transmission Ltd. is preparing to launch its initial public offering next month after completing investor roadshows, according to people familiar with the matter.
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