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Сентябрь
2024

Новости за 04.09.2024

PSU Mutual Funds offer an average of 85% return in one year. Did you invest?

Economictimes.indiatimes.com 

PSU theme-based mutual funds have shown impressive performance, offering an average return of 84.63% over the past year. The CPSE ETF led with a 106.52% return. However, returns have been lower in the last three months, averaging 0.76%. Investors should consider long-term horizons and sector knowledge before investing.

Kim Jong Un executes officials after deadly floods, media says

Economictimes.indiatimes.com 

North Korea executed several government officials after severe flooding in late July caused significant casualties and damage in the northern region. The floods destroyed homes, infrastructure, and farmland, leading to thousands of deaths. Kim Jong Un vowed strict punishment for those who neglected their duties during the disaster.

UK: Bankers brace for big hit as fear mounts over likely budget tax blow

Economictimes.indiatimes.com 

UK-based banks are intensifying lobbying efforts against potential tax hikes in the upcoming Budget on October 30. Finance minister Rachel Reeves is expected to discuss increasing taxes on lenders' profits. Concerns arise as Prime Minister Keir Starmer hints at targeting those with broader shoulders to fill a £22 billion gap in public finances.

Iraqi health graduates clash with police in job protests

IntelliNews.com 

Iraqi security forces used batons and water cannons to disperse protesting health and medical graduates in Baghdad on September 3 and 4, resulting in several injuries, as months-long demonstrations for government jobs intensified

Why Aditya Welekar continues to be negative on steel stocks

Economictimes.indiatimes.com 

Aditya Welekar from Axis Securities suggests that increasing the import duty on steel could positively impact Indian steel prices, though they would still remain higher than Chinese prices. Despite some price hikes by domestic mills, the outlook on steel stocks remains negative due to ongoing pressure from Chinese imports and falling raw material costs.