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Economy
If Trump wants to kill inflation, the first thing he needs to do is get more homes built
Homes under construction in Englewood Cliffs, New Jersey on Nov. 19th, 2024.Adam Jeffery | CNBCIf President-elect Donald Trump is going to…
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Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago
The US Treasury building in Washington, DC, US, on Tuesday, Aug. 15, 2023.Nathan Howard | Bloomberg | Getty ImagesThe U.S. budget deficit…
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China’s semiconductor firms cash in chips as export boom bucks overall trend
Despite intensifying restrictions from the US intended to stifle China’s semiconductor trade, Beijing’s shipments of the bedrock technology…
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Annual inflation rate accelerates to 2.7% in November, as expected
Consumer prices rose at a faster annual pace in November, a reminder that inflation remains an issue both for households and…
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550,000 tourists drawn to Hong Kong mega-events, spending HK$2.4 billion
Mega-events held in Hong Kong in the first half of the year attracted around 550,000 tourists who collectively spent HK$2.4 billion…
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Hong Kong hits ‘new highs’ in start-up numbers, foreign and mainland firms: Chan
The number of foreign and mainland Chinese firms, as well as start-ups, in Hong Kong has “reached new highs” this year, the finance chief…
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John Lee calls Hong Kong a Greater Bay Area ‘promoter’ as city signs new deal
Hong Kong has signed a deal with a mainland Chinese trade promotion body to foster cross-border investment and development, with Chief…
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Explainer | China’s export boom not bust despite November deceleration: 5 takeaways
1. Exports decline just a blipZichun Huang, China economist at Capital Economics, estimated that growth in export volumes also slowed…
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Hong Kong has slashed liquor tax but can it take on trade hubs like Singapore?
Whisky merchant John Rhodes raised a glass when Hong Kong slashed its liquor tax recently, hoping the city’s move will boost his business by…
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The CPI report Wednesday is expected to show that progress on inflation has hit a wall
A man shops at a Target store in Chicago on November 26, 2024.Kamil Krzaczynski | AFP | Getty ImagesA key economic report coming Wednesday…
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