Dollar steady ahead of Fed decision, kiwi slumps after RBNZ holds - Reuters

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  Hindustan Unilever (HUL) has maintained its FY27 guidance, expecting better results compared to FY26 despite margin pressure. The company reported a consolidated EBITDA margin within its guided range of 22-24% for the September quarter, with a 140 basis point decrease from the previous year. Underlying sales growth reached a 14-quarter high, with a 15% increase in the quarter ended September 30. The company reported a turnover of Rs 18,071 crore and underlying sales growth of 15%, with underlying volume growth of…

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• StanChart third-quarter profit surges 27%, lifts income target

  This surge in earnings, totaling $2.25 billion, marks a substantial improvement from the previous quarter's $1.77 billion and the average estimate of $1.99 billion across 16 analysts. The company's wealth and global markets divisions have experienced robust client activity, particularly in volatile market conditions, which has led to higher revenue for these divisions. Furthermore, Standard Chartered has revised its full-year income growth target for 2026 to above 7%, moving away from its earlier projection of bei…

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• AI worries expose dollar's hot-money problem

  The US dollar faces a significant challenge as foreign capital shifts away from equities and corporate bonds into infrastructure projects and power grids, driven by the AI boom. This shift has made the dollar an increasingly popular investment, backed by faster growth, higher yields, and strong foreign demand for US assets. However, if the AI narrative falters, the dollar's safe-haven status could be put to the test. A sustained selloff in stocks could lead investors to sell US assets, potentially weakening the do…

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