Wed, Feb 14, 2024 7:43 PM
RBI Governor warns banks on build-up of risks, says no room for complace.
A Flip by Avya Verma
Chunghwa Telecom reported a 3.6% increase in total revenue for the third quarter of 2024, reaching NT$ 55.61 billion, with notable growth in its Consumer and Enterprise Business Groups. Despite a decrease in operating income and net income, the company maintained its leading position in Taiwan’s mobile market and expanded its 5G services.
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The US stocks rally is nowhere near done. Evercore ISI strategists predict an 11% increase in the S&P 500 Index by mid-2025, driven by Donald Trump's plans for deregulation, citing historical data showing bull markets average a 152% gain over 50 months. The index has already rallied 65% since October 2022, with tech stocks leading the way.
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Argentine President Javier Milei's efforts to combat inflation are expected to yield significant progress next year, with investors predicting the annual rate will drop to 25% and the monthly rate to 1.9%. Despite a slow start, Milei's government is committed to fulfilling campaign promises to reduce inflation, which has remained above 200% for almost two years.
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