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Soaring Chinese demand pushes gold to all-time high
Chinese demand for gold jewelry rose 10% over the past year, while Indian demand fell 6%
Netflix reports solid 1Q 2024 earnings, but sees shares fall
The streaming platform said it would stop reporting subscription figures every quarter
Deficits in the US, China will hurt global economy
The US will record a fiscal deficit of 7.1% in 2025, over three times the 2% average clocked in by…
Activity in China’s capital markets is on a downward spiral
Mainland IPOs along with follow-on and convertible share offerings fell to the lowest number ever recorded in the first four…
European Central Bank will likely cut rates this summer
The ECB kept rates unchanged when it met last Thursday
Faster approvals, simpler structure, and more impact will be hallmarks of World Bank, its chief says
The group wants to cut its 19-months approval process by a third by mid 2025
Africa’s private capital took a hit in 2023 amid global investment slump
Private capital activity declined 22% y-o-y, with only 450 transactions in 2023
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