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Funds returned over the earlier part of November on hopes that U.S.-China tensions would ease, Goh noted, with the focus on this month’s Trump-Xi meeting. “The outcome of the meeting will have an important influence on portfolio flows in Asia into the end of the year,” Goh added. Risk assets including Asian equities have also been hurt by rising U.S. interest rates. The Federal Reserve is expected to tighten policy further in December. In Europe, fears that Britain could crash out of the European Union without a Brexit deal and a growing rift over Italy’s budget hit the euro and the pound, pushing the dollar index against a basket of currencies to 97.693, a level not seen since mid 2017. It was last flat at 97.5 bronze cufflinks australia uk sale.
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JAKARTA/LOS ANGELES (Reuters) – Juul Labs Inc is exploring selling its compact vaping devices in Asia and has sounded out government officials in Indonesia, one of the world’s most smoker-friendly countries, although gaining approval there could face significant hurdles. Expansion into Asia would provide the fast-growing firm with new markets at a time when it faces increased regulatory scrutiny in the United States and Israel over the potential health risks of its products’ high nicotine content bronze cufflinks australia uk sale.
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Tobacco taxes accounted for nearly 150 trillion rupiah ($10.2 billion) or about 11 percent of national tax revenue in 2017, government data showed. Each province also imposes taxes on cigarettes. Juul is also worried its argument that vaping is healthier than smoking will not hold much sway in Indonesia, which is not as concerned as other countries about health issues, said the person, declining to be identified as the discussions were not public bronze cufflinks australia uk sale. Juul representatives reached out to the finance ministry to discuss how it would be taxed on any sales of devices there, the Indonesian officials said..