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Trump Media's true believers bet on stock surge as presidency begins

One night in late October, Whitney Patterson spotted a YouTube video about people buying shares in Trump Media & Technology Group, the U.S. president-elect's social media and streaming company. Patterson had never heard of Trump Media and had never invested in a stock on her own. Patterson said because Trump has vowed to never sell, neither will she.

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Markets optimistic as Trump returns to the White House

Investors prepared to welcome Donald Trump's second inauguration, anticipating benefits from his pro-business agenda, while remaining wary of his protectionist trade policies, particularly his stance on tariffs. Trump enters office with an ambitious agenda spanning trade reform, immigration crackdowns, tax cuts and loosening cryptocurrency regulation. "Uncertainty remains the watchword, with everyone alert for answers to questions like whether the threat of tariffs will become a reality or remain a negotiating ploy on day one," said Sam Stovall, chief market strategist at CFRA Research.

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Hong Kong stocks rise on positive talks between Trump and Xi

Hong Kong stocks jumped following a positive phone call between Chinese President Xi Jinping and US president-elect Donald Trump. The Hang Seng Index added 1.7 per cent to 19,917.38 as of 9.50am local time, while the Hang Seng Tech Index rallied 2.4 per cent. On the mainland, the CSI 300 Index climbed 1 per cent and the Shanghai Composite Index gained 0.6 per cent. Leading the pack was e-commerce giant JD.com, which surged 4.1 per cent to HK$152.70, while peer Alibaba Group Holding rose 2.3 per

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Indonesia Opens Domestic Carbon Market to Global Investors

(Bloomberg) -- Indonesia’s domestic carbon exchange opened trading to foreign participants as the nation aims to restore its position as a major hub for offsets and attract more investment for local climate action.Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesWhat LA’s Fires Mean for the City’s Housing ShortageDeadly Landslide of Garbage Displays Uganda's Missed OpportunityScaramucci, Ackm

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Copper market sees half chance of 10% US tariff by first quarter-end, Goldman says

Analysts at the U.S. investment bank said in a client note that the estimate is similar to their own 50% subjective probability of a 10% effective tariff on copper by year-end. Three-month copper on the London Metal Exchange eased 0.3% to $9,167 a metric ton as at 0706 GMT after reaching a one-month peak last week. President-elect Donald Trump returns to the White House later in the global day with an inauguration speech which traders will parse for policies to be enacted on day one.

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