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The biggest brands outperform financial markets, according to BrandZ, which says this illustrates their financial power and value to shareholders.
“This could be just the beginning,” said Michael Na, a strategist in Seoul with Nomura.?“They have so many options to punish Korean businesses.”
Several scientists said the most remarkable thing about the 2014 record was that it had occurred in a year that did not feature a strong El Ni?o, a large-scale weather pattern in which the Pacific Ocean pumps an enormous amount of heat into the atmosphere.
He Fan, economist at Caixin, said:“This shows that the macro economy has moved further toward stable growth and the economic structure is improving. Future fiscal and monetary policies must be coordinated and large-scale stimulus should be avoided as much as possible.”
Vegetable price growth more than doubled to 13 per cent year on year, helping push food inflation to 3 per cent, up from 2.7 per cent in September.
Those trade flows, published by the General Administration of Customs, resulted in China’s trade surplus rising than $2bn to $40.2bn, surpassing October’s revised figure of $38.2bn and well ahead of September’s revised six-month low of $28.6b. November’s trade surplus was also ahead of the $35bn forecast by economists.
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