Wed, Nov 6, 2024 5:54 PM
How China reacted to Trump’s win: A mix of caution and curiosity
A Flip by Shubhangi Gupta
Hedge funds BlueBay and Phoenix were turning their attentions to crude oil, U.S. Treasuries and U.S. banks on Wednesday, after Donald Trump was elected president. Trump's victory gives him a clear mandate to implement his policy agenda, which includes plans to cut U.S. corporate taxes, said Russel Matthews, lead portfolio manager of BlueBay's macro hedge funds.
Open Flip
While the last of the votes in battleground states like Michigan and Arizona are still being counted, Donald Trump has earned the 270 electoral votes it takes to defeat Democratic candidate Kamala Harris in the race for the Presidency, projecting him to recapture the office he lost in 2020. With President Trump's re-election fueling discussion on how a second Trump term will affect everything.
Open Flip
Noida-based real estate developer CRC Group will invest Rs 525 crore to develop an ultra-luxury residential project named ‘CRC Maesta’ with projected sales revenue of Rs 800 crore. CRC Group has collaborated with Padma Shri awarded architect Hafeez Contractor for the designing of the project, which is located in Sector 1, Greater Noida West.
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