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November 17, 2019
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Blockchain could tell you everything about your groceries. Here’s what it may cost

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Suppliers could charge a premium for verified quality and freshness, but those costs may not be passed on to consumers or could ultimately lower prices by circumventing issues. Source link: Click here for more
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Asia markets mixed as China’s October industrial production data misses forecasts

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Stocks in Asia were mixed on Thursday, while China’s October industrial production data showed it missed expectations. Source link: Click here for more
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Chile’s finance minister calls for return to ‘normality’ as peso slides

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Chile’s finance minister warned of the “grave consequences” for the nation’s economy of three weeks of often violent unrest, after the peso slid 4% to hit a historic low against the dollar. Source link: Click here for more
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Elizabeth Warren’s wealth tax won’t be ‘a big deal,’ says investor Mark Mobius

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“If you look at who’s giving money to Warren: wealthy people,” said Mark Mobius, founding partner of Mobius Capital Partners. Source link: Click here for more
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Alan Greenspan says there’s ‘no point’ for central banks to issue digital currency

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The former Federal Reserve chairman said national currencies are backed up by sovereign credit, something no other organization can offer. Source link: Click here for more
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China could launch its own digital currency in the next 2-3 months, predicts investor

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Jack Lee, managing partner of HCM Capital, said China has “all the system and the network ready” for its central bank to issue a national digital currency. Source link: Click here for more
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Saudi Aramco will offer less than 1% of shares to individual investors in IPO

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Saudi Aramco will offer less than 1% of shares to individual investors in IPO Source link: Click here for more
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The Philippine peso has jumped nearly 4% this year as investors hunt for yield

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Yields in the Southeast Asian country have stayed high — relative to its regional counterparts — and that’s giving the Philippine peso a boost. Source link: Click here for more
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Japan’s Nikkei touches 2019 highs following Wall Street record performance

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A private survey of China’s services sector showed activity slowing to a eight month low in October. Source link: Click here for more
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Australian shares trade higher amid US-China trade optimism

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U.S. Commerce Secretary Wilbur Ross said Sunday that licenses for American firms to sell to Chinese telecommunications giant Huawei will be granted “very shortly.” Source link: Click here for more
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While US-China ‘phase one’ trade deal stops escalation, analysts not optimistic for more by year end

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The U.S. and China need a more comprehensive trade agreement before market sentiment can be boosted sustainably, analysts said on Monday. Source link: Click here for more
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Europe’s largest lender HSBC says pre-tax profits dropped 18% year over year

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Noel Quinn, the interim group chief executive, said parts of the business held up well in a “challenging environment in the third quarter.” Source link: Click here for more

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