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ECONOMY
Fast Retailing Sees Q1 Profit Increase Amidst Weaker China Sales

Fast Retailing reports a 7.4% profit rise in Q1, but sluggish sales in China overshadow strong domestic performance.

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ECONOMY
European Stocks Gain as Miners Boost Market Amid Retail Weakness

European stocks rise modestly with miners lifting the market despite weak retail sentiment and ongoing bond yield concerns.

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ECONOMY
Are Chinese Consumers Losing Faith in the Proliferation of Fake Russian Products?

Chinese markets for Russian goods boom amid rising interest, but doubts about authenticity now threaten consumer trust and business viability.

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ECONOMY
UK businesses plan price hikes and job cuts due to tax increase, BoE survey reveals

UK firms anticipate raising prices and cutting jobs following increased social security contributions, as indicated by a recent Bank of England survey.

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ECONOMY
Biden Administration Unveils Controversial New A.I. Regulations Amid Global Tech Tensions

New A.I. regulations by the Biden administration spark intense debate over global control and tech company compliance.

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ECONOMY
China urged to implement urgent measures to revive consumer demand amid economic headwinds

Amid economic stagnation, experts stress the need for China to enhance consumer demand through significant policy reforms.

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ECONOMY
Federal Reserve's Susan Collins Advocates for Cautious Approach to Rate Cuts in 2025

Boston Fed President Susan Collins supports fewer rate cuts in 2025 due to positive employment figures and persistent inflation.

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ECONOMY
Florida's Mortgage Market Faces Significant Challenges Amid Rising Rates

Florida's housing market struggles with high mortgage rates and affordability issues, potentially leading to price declines in the coming year.

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ECONOMY
Munich Re reports $140 billion in insured disaster losses in 2024, citing climate change impacts

Munich Re reports rising insured losses driven by climate change, totaling $140 billion in 2024, marking one of the costliest years ever recorded.

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ECONOMY
Wall Street Faces Potential 200,000 Job Cuts Due to AI Automation

Global banks may reduce up to 200,000 jobs in the coming years as AI increasingly automates tasks traditionally performed by humans.

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