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China's consumer prices declined by 0.3% in September, marking a continued period of deflation. This dip, coupled with persistent producer price deflation, reflects the impact of domestic economic weakness and renewed trade tensions on confidence. The monthly CPI saw a slight increase of 0.1%.
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LG Electronics is set to tap into India's software talent for its semiconductor, robotics, and AI product development. The company also aims to boost exports of components from India. This strategic move capitalizes on India's growing capabilities and cost-effectiveness. LG Electronics sees India as a key partner for innovation and global market expansion.
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Investors rushed to buy LG Electronics India shares on its stock market debut. Some mistakenly purchased shares of LG Balakrishnan and Bros, a different company. This led to a surge in LG Balakrishnan's stock price. The error was later realized, and the stock price reversed. Similar mix-ups have happened before in the market.
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