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For the first time in at least two decades, emerging-market stock valuations have fallen to less than half those of US equities, a sign to some investors that there are increasingly attractive opportunities in developing economies.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
MUMBAI: The Indian rupee ended little changed on Monday, wedged between firmer oil prices and likely intervention by the central bank, which traders reckon has started to deter fresh short positions…
Operating earnings rose 16% to $12.98 billion, while the conglomerate spent $4.5 billion on buybacks and became a net buyer of equities
The deficit was 3.3% of GDP for the twelve months to the end of July. The target for 2026 is 4.9%.
McEwen Copper is advancing engineering and financing at its major project ahead of a construction decision.
The Australian Dollar (AUD) holds gains, in the mid-range of the 0.7000s against the US Dollar (USD) on Monday, with two-month highs of 0.7088 at hand.
