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Powell’s comments drag investors down to earth

Jerome Powell, chairman of the US Federal Reserve, speaks during a conversation on the economic outlook at Music Hall at Fair Park in Dallas, Texas, US, on Thursday, Nov. 14, 2024.  Shelby Tauber | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything …

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Japan GDP expands by 0.3% in third quarter, snapping two quarters of year-on-year declines

Skyline of Tokyo, Japan. Jackyenjoyphotography | Moment | Getty Images Japan’s third-quarter real gross domestic product expanded 0.3% year on year, snapping two straight quarters of year-on-year decline, according to government data released Friday. The GDP reading marked a reversal from the revised 1.1% decline seen in the second quarter. The data comes against the backdrop of the Bank of …

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Why exposure to Chinese equities may be worth the risk

Upping your exposure to Chinese stocks is worth the risk. That’s the view of Caroline Cai, CEO of U.S.-based Pzena Investment Management. “This is really for the first time in the last seven, eight years where we think you’re getting paid to expose yourself to China,” Cai told “CNBC Squawk Box Asia” this week. The investment firm has ramped up …

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