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Daily Markets News - 5 October

US national debt ticked over $31 trillion yesterday, a milestone that would have been difficult to imagine 20 years ago.

Amazon.com details in an internal memo that it is freezing corporate hires in its retail business for Q4, as it becomes the latest major company to announce hiring freezes.

The European parliament has voted to introduce a standardised USB-C type chargers for all phones, tablets and other electronic devices across Europe from 2024.

The New Zealand dollar made some gains after the central bank lifted rates 50bp as expected. It confirms the bank's commitment to stay tough on higher inflation.

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