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Crypto Breaking News

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Bloomberg

India's Titan Sees Brief Slowdown if Gold Buying Curbed

Titan CFO, Ashok Sonthalia, says there could be a temporary slowdown in demand if the government implemented any measures to curb gold-buying. That's after Prime Minister, Narendra Modi, called on Indians to avoid buying gold for at least a year to preserve foreign-exchange reserves. Sonthalia appeared exclusively on Bloomberg's Insight with Haslinda Amin

Read more: India's Titan Sees Brief Slowdown if Gold Buying Curbed
Bloomberg

China's Growth Story Has Shifted, KKR's McVey Says

Henry McVey, KKR Head of Global Macro and Asset Allocation and CIO of the firm's Balance Sheet, says industrialization, robotics, and the green economy are now driving China's growth. He believes investors should focus on relative value in AI, and notes that valuations in China have become attractive. He also shares his views on the Chinese currency and property market on Bloomberg's "The China Show."

Read more: China's Growth Story Has Shifted, KKR's McVey Says
Bloomberg

Australia Targets Housing Inequality in New Budget

Australia is set to crack down on tax concessions for property investors, as it looks to ease generational inequality and rein in the budget deficit. Treasurer Jim Chalmers is due to unveil the federal budget Tuesday, anchored by a flagship housing package. Bloomberg's Paul Allen reports on Australia's property obsession and speaks to ANU's Jill Sheppard about what's at stake.

Read more: Australia Targets Housing Inequality in New Budget