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The move spooked the market by igniting doubts on whether the move signaled the Fed's determination to stabilize growth or indicates that things are so dire that it had to make extraordinary moves, according to analysts at China International Capital Corp.

The moves were led by Volvo Car Group which announced it will have fully electric cars contribute towards half of its annual sales volume in 2025. The Swedish carmaker displayed only electrified models at its booth at the auto show.

The move expands the company’s footprint in digital advertsing, while creating an even larger gap in price between the dedicated e-reader and multifunction devices such as Apple’s iPad.

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The move is of vital significance and will have profound influence, they added.

The move came after Oppo has accumulated 250 million monthly active users of its smartphones in the world. Every month, more than 200 million users download apps from its software store and gaming distribution center.

The move followed a similar operation of conducting 100 billion yuan of seven-day reverse repos on Wednesday.

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The move, he said, would help revive the Indian economy that at present is hit by the COVID-19 pandemic.

The move, which came after the firm invested 1 billion yuan into the same efforts last year, aims to encourage app developers to create gaming, video and other forms of quality content as well as help them go abroad.

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The move came after a spate of fatal traffic accidents in the past month have drawn attention to safety.

The murder of Qahraman brings the number of killed parliamentary candidates to 10 in militants attacks since the beginning of election campaigns on Sept 28 in the insurgency-plagued country.