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China to remove foreign ownership limit in Chinese banks

Reuters reports comments from the Chinese Vice Finance Minister delivered last minutes, with the key headlines noted below.

China will lift the ceiling on foreign equity ownership in each securities, fund, and futures joint ventures to 51%.

China to remove foreign ownership limit in Chinese banks.

NZD/USD: Range-bound for now - ANZ

The RBNZ was a little more upbeat yesterday, sending the kiwi through topside resistance, but it has wobbled about since then, not helped by a risk-of
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Japan Tertiary Industry Index (MoM) below expectations (-0.1%) in October: Actual (-0.2%)

Japan Tertiary Industry Index (MoM) below expectations (-0.1%) in October: Actual (-0.2%)
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