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Shanghai fences up residential buildings to curb COVID-19

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Shanghai authorities have put up fences outside residential buildings in a bid to curb a growing cluster of COVID-19 infections

It’s sparking a fresh outcry over the nation’s lockdown measures, which have forced much of the city’s 25 million people to stay indoors.

The two-metre high fences have prompted a series of complaints from local residents, many have been unable to access essential items or care for weeks.

One user took to the social media platform, Weibo to vent their frustration about the new measures. They asked “isn’t this a fire hazard?”

Meanwhile, Beijing will require everyone living or working in COVID-affected areas to take three tests this week.

Authorities have placed dozens of buildings under lockdown measures in the capital, which reported 22 new cases on Saturday.

It comes as retail workers continue to work long hours and sleep at work to keep residents fed.

“Basically, there is no time to rest, we are busy all day, even during meals if the neighbourhood committee members turn up to pick up orders or have a request, we will assist them immediately or solve whatever problems they may have.”

SUPERMARKET MANAGER ZHANG WEI

After spending the night in a sleeping bag, Wei prepares over 3,000 orders of vegetables, meat and essentials to send out to locked down residents.

Around 40 staff are believed to be working working long days to fill online orders from neighbouring compounds.

The U.S. recently ordered non-essential government staff to leave the city amid the ongoing restrictions.

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Senate clears Epstein files release despite White House push

Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.

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Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.


The White House tried to delay a vote on the release of Justice Department files connected to Jeffrey Epstein, even as former President Trump insisted there was nothing to hide.

Despite this, the Senate approved the measure exactly as it passed the House, ignoring amendments proposed by Trump’s aides. This move clears the path for the files to be made public in full.

Trump has indicated he intends to sign the bill, marking a significant shift after the White House’s attempt to block or delay the vote proved unsuccessful. The decision could have wide-reaching implications for transparency and ongoing investigations.

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#EpsteinFiles #WhiteHouse #Trump #SenateVote #JusticeDepartment #USPolitics #Transparency #TickerNews


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Nvidia earnings shake tech stocks as ASX heads into Christmas

Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.

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Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.


Markets are reacting sharply to Nvidia’s latest earnings, leaving investors questioning the future of tech stocks. Analysts are closely watching whether the results meet expectations and what it could mean for the broader market.

Joining us is David Scutt from StoneX to break down Nvidia’s post-earnings performance and its ripple effects across US and global equities. Investors are keeping a keen eye on how this could set the tone for year-end trading.

With Christmas approaching, the ASX faces a pivotal day as global risk sentiment shifts. Traders are positioning themselves for potential volatility, making it critical to understand the signals coming out of major tech earnings.

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#NvidiaEarnings #TechStocks #StockMarket #ASX #GlobalMarkets #Investing #MarketUpdate #TickerNews


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Tech stocks on edge ahead of Nvidia

Nvidia’s earnings report could impact tech sector trends, prompting analysis of profit-taking versus deeper market concerns.

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Nvidia’s earnings report could impact tech sector trends, prompting analysis of profit-taking versus deeper market concerns.


With Nvidia’s crucial earnings on deck, expectations are sky-high and the outcome could set the tone for the entire tech sector.

Chris Weston from Pepperstone breaks down whether this rotation signals simple profit-taking or deeper market concerns.

#TechStocks #Nvidia #Markets #Investing #FinanceNews


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