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Asian equities rebound but short-squeeze nerves persistMSCI's broadest index of Asia-Pacific shares outside Japan rose 0.9, but is headed for a weekly loss of more than 3%, the sharpest such fall since September.
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… Read More- SGX Nifty up 130 points; here's what changed for market while you were sleepingAsian stocks rose on Friday after US shares rallied and the dollar eased overnight, as fears of social-media driven hedge fund selling abated and the US earnings season got off to a strong start.
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- Stocks in the news: IRFC, Airtel, Sun Pharma, Voda Idea, TechM and Tata MotorsBharti Airtel added the highest number of subscribers in November, ahead of Reliance Jio, even as Vodafone Idea lost customers during the period.
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- India's 11.5% projected growth in FY22 will be largely mechanical: Gita GopinathDays ahead of the Budget, Gopinath suggested that India continue its direct cash support schemes to the poor in 2021, including the expanded employment guarantee scheme, while prioritising public infrastructure spending.
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- Ray Dalio calls Bitcoin ‘one hell of an invention,’ considers it for new fundsDalio said he thinks of Bitcoin as a “long-duration option on a highly unknown future” and investing in it means recognizing the potential to lose about 80%.
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