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7 Jan, 2021 06:49

US targets Chinese tech transactions

The ongoing China delisting saga continues as the New York Stock Exchange changes course yet again. US President Donald Trump signed an executive order banning transactions with eight Chinese apps. Plus, supporters of the US President have rallied in Washington DC as Congress is set to officially certify the 2020 election result. The marches come on the heels of a surprising result in the Georgia Senate runoff, possibly giving Democrats control of Congress and the White House alike. On the back of the Senate races, markets are extending their gains with traders cheering the prospects of additional fiscal stimulus.

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