INDIAN MONEY POWER

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Pronounced "Sue Qi" in Mandarin, the Xiaomi SU7 beats Porsche's Taycan and Tesla's Model S on acceleration and other metrics, Xiaomi CEO Lei Jun said. source https://www.cnbc.com/2023/12/28/chinas-xiaomi-unveils-first-ev-in-bid-to-compete-with-porsche-tesla.html

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"The Chinese cloud services market remains conservative, relying heavily on government and state-owned enterprises to drive growth," Canalys said in a report. source https://www.cnbc.com/2023/12/27/ai-boom-fails-to-propel-chinas-cloud-market-growth-.html

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China's proposed gaming rules would hit smaller developers more than large ones, while also reducing overall online advertising revenue, according to UBS. source https://www.cnbc.com/2023/12/25/chinas-potential-new-gaming-rules-will-hit-smaller-developers-more.html

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These are the stocks posting the largest moves in midday trading. source https://www.cnbc.com/2023/12/22/stocks-making-the-biggest-moves-midday-nke-rklb-bmy-ntes.html

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Higher interest rates and anxiety over the stock market and economy pushed more consumers to buy annuities, experts said. source https://www.cnbc.com/2023/12/20/annuity-sales-head-for-a-record-year-what-to-know-before-buying-one.html

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Switzerland's financial regulator on Tuesday called for greater legal powers and vowed to adapts its approach in the wake of the Credit Suisse collapse. source https://www.cnbc.com/2023/12/19/swiss-regulator-calls-for-more-powers-after-credit-suisse-collapse.html

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Sheila Bair, known for leading the FDIC during the 2008 financial crisis, warns that the inflation fight is far from over. source https://www.cnbc.com/2023/12/17/fed-sparks-irrational-market-optimism-on-possible-rate-cuts-sheila-bair.html

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Rising access to 401(k) plans has created more small accounts among young savers, say researchers. source https://www.cnbc.com/2023/12/14/401k-ira-retirement-savings-fell-for-typical-millennial-gen-x-saver.html

Shares of small-cap companies, which are often more reactive to economic changes, including a recession, have rallied this year. source https://www.cnbc.com/2023/12/14/josh-brown-says-this-catch-up-trade-into-year-end-still-has-room-to-run.html

The Federal Reserve dialed back its inflation projection on Wednesday, seeing its favorite gauge falling to 2.4% in 2024. source https://www.cnbc.com/2023/12/13/fed-lowers-inflation-forecast-for-2024-seeing-core-pce-falling-to-2point4percent.html

The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table for multiple cuts to come in 2024 and beyond. source https://www.cnbc.com/2023/12/13/fed-interest-rate-decision-december-2023.html

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This week's Federal Reserve meeting is likely to mark a substantial turning point for policymakers. source https://www.cnbc.com/2023/12/12/heres-everything-the-fed-is-expected-to-do-wednesday.html

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These are the stocks posting the largest moves in midday trading. source https://www.cnbc.com/2023/12/12/stocks-making-the-biggest-moves-midday-orcl-lcid-cnc-has-and-more.html

The famed investor expects the central bank will be sure to tamp out inflation before starting to lower rates so as to avoid a repeat of the 1970s. source https://www.cnbc.com/2023/12/11/michael-milken-says-the-fed-wont-move-too-early-and-risk-massive-inflation-like-the-1970s.html

India has been a standout market this year in the Asia-Pacific region, while Hong Kong is the worst performer among the region's major equity markets. source https://www.cnbc.com/2023/12/12/india-overtakes-hong-kong-to-become-worlds-seventh-largest-stock-market.html

Berkshire still owns 51.5 million shares of HP. The position is worth about $1.6 billion based on Monday's close of $30.37. source https://www.cnbc.com/2023/12/11/warren-buffetts-berkshire-hathaway-continues-to-sell-hp-shares-cuts-stake-to-5point2percent-.html

The offer values the retailer at $21 per share, according to the sources. Macy's closed at just over $17 a share on Friday. source https://www.cnbc.com/2023/12/11/macys-receives-5point8-billion-buyout-offer-sources-say.html

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Some big-name Chinese stocks are starting to emerge from a downbeat few quarters, making it them "timely buys" for the year ahead, JPMorgan analysts said. source https://www.cnbc.com/2023/12/10/jpmorgan-picks-china-stocks-to-buy-now-alibabas-not-on-the-list.html

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