{
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}
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China's industrial profits decline as New Zealand cuts interest rates

China's industrial profits fell 10% in October year-on-year, following a 27.1% drop in September, indicating that stimulus measures have yet to boost corporate earnings. In the Asia-Pacific, markets reacted to Australia's cooling inflation and New Zealand's interest rate cut. On the political front, President-elect Trump appointed Kevin Hassett to lead the National Economic Council, while China dismissed his tariff threats, attributing blame for the fentanyl crisis elsewhere.
Moneycontrol
New Zealand Dollar Chinese Yuan Apple Inc. National Economic Council NZL CHN AUS Kevin Hassett Donald Trump Show more
Finance & Economy, News Article
03:24 27.11.2024
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