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Traders reduce bets on Trump trades as emerging market assets rise.
As traders reduce their bets on Trump's victory, emerging assets surge significantly.
KraneShares MSCI Emerging Markets Ex China Index ETF Declares $0.5691 Dividend
Kraneshares Tr Msci Emerging Markets Ex China Index Etf To Go Ex-Dividend On December 18th, 2023 With 0.56913 USD Dividend Per Share
December 16th - $Kraneshares Tr Msci Emerging Markets Ex China Index Etf(KEMX.US)$ is trading ex-dividend on December 18th, 2023. Shareholders of record on December 19th, 2023 will receive 0.56913
Beyond Meat has risen by more than 4%, and McDonald's Corp plans to test Beyond Meat botanical hamburger in the United States.
Beyond Meat rose 4.3% after reports that McDonald's Corp would test-sell McPlant, an artificial meat hamburger developed with the company, in eight restaurants in the United States next month. According to media reports, McDonald's Corp plans to conduct a small-scale operational test of Beyond Meat's McPlant hamburger at eight stores in different parts of the United States. Testing is expected to continue until early December. It is understood that this will be McDonald's Corp's first test of a botanical hamburger in the United States. Test sites include Irving, Texas, and Carrolton;, Cedar Falls;, Louisiana, Iowa.
Taiwan Semiconductor Manufacturing Co Ltd rose 3.8% and Q3 revenue increased by 22.6% over the same period last year, raising the forecast for performance growth in 2021.
Taiwan Semiconductor Manufacturing Co Ltd rose 3.8%, and revenue in the third quarter increased by 22.6% compared with the same period last year, raising the forecast for performance growth in 2021. According to the financial report, Taiwan Semiconductor Manufacturing Co Ltd's net income in the third quarter was NT $414.671 billion, compared with NT $356.426 billion in the same period last year, an increase of 16.3% year-on-year and 11.4% month-on-month. The net profit of Q3 was NT $156.259 billion, compared with NT $137.31 billion in the same period last year, an increase of 13.8 per cent year-on-year and 16.3 per cent month-on-month. Q3 diluted earnings per share was T $6. 03, compared with T $5. 30 in the same period last year, up 13. 3% from a year earlier.
Bullard of the Federal Reserve: policymakers cannot expect high inflation to dissipate
James Bulllard, president of the Federal Reserve Bank of St. Louis, said inflation is rising at its fastest pace in 30 years, and although it is possible that it will dissipate in the next six months, the central bank cannot expect that to happen. Mr Bullard said he thought there was a 50 per cent chance that inflation would dissipate and that it would last. Bullard reiterated his hope that the Fed will begin to scale back its monthly asset purchases in November and end them by the end of the first quarter of next year. The growth rate of people infected with Delta mutant virus slowed in the third quarter, but "from an economic point of view," Bullard said.