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    SEOUL, Nov 25 (Reuters) – South Korean President Yoon Suk-yeol warned that the government might step in to break up a nationwide strike by truckers, calling it illegal and unacceptable to take the national supply chain “hostage” during an economic crisis. Thousands of unionised truckers kicked off their second major strike in less than six ...
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    Fed minutes for November due at 1900 GMT Wall Street stocks trade higher U.S. Treasury yields retreat Crude prices drop more than 4% U.S. dollar falls NEW YORK, Nov 23 (Reuters) – World equities rose while U.S. Treasury yields were lower ahead of the release of the Federal Reserve’s meeting minutes that would offer a ...
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    Nov 22 (Reuters) – Japan’s Mazda Motor Corp (7261.T) will invest about 1.5 trillion yen ($10.58 billion)to electrify its vehicles, including boosting production of battery EVs, and aims to increase their share in the company’s overall global car sales by 2030. Mazda’s senior managing executive officer Akira Koga said the investment would be made along ...
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    European stocks drop after early rise Dollar regains strength on hawkish Fed speak Micron gloom frazzles chipmakers Oil and metals sag in commodity markets LONDON, Nov 17 (Reuters) – Nagging recession and interest rate worries had Europe’s markets spluttering on Thursday, and the pound started to sag as Britain looked to put last month’s disastrous ...
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    HONG KONG, Nov 16 (Reuters) – Asian stocks dropped and the dollar gained on Wednesday after a blast in Poland that Ukraine and Polish authorities said was caused by a Russian-made missile. Worries over a potential ratcheting up of geopolitical tensions spurred a drop of 1% in MSCI’s broadest index of Asia-Pacific shares outside Japan ...
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    SYDNEY, Nov 15 (Reuters) – Asian share markets were mixed on Tuesday and oil was weaker as investors sought to digest the economic implications of China’s COVID policy adjustments and a rescue package for the country’s struggling property sector. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was up 0.1%, following mild losses for ...
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    Fed’s Waller downplays recent inflation data Brainard says Fed likely to slow hikes soon Beijing lays out property support, COVID steps Biden meets China’s Xi at G20 meeting NEW YORK, Nov 14 (Reuters) – A gauge of global stocks ended lower on Monday in choppy trade and U.S. bond yields rose as investors assessed comments ...
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    WASHINGTON, Nov 10 (Reuters) – The U.S. Treasury Department on Thursday said no major U.S. trading partner manipulated its exchange rates to gain unfair competitive advantage through June 2022, but said it would stay in close touch with Switzerland on its currency practices. The bulk of interventions seen were aimed at strengthening currencies, not weakening ...
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    Dollar falls, stocks erase early losses Beijing to ease COVID-19 restrictions Oil retreats with commodities LONDON, Nov 7 (Reuters) – Global stocks rose on Monday, despite Beijing’s denial that it would consider easing its zero COVID-19 policy, which diverted investor flows away from the dollar ahead of potentially pivotal consumer inflation data this week. Risk ...
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    SINGAPORE, Nov 4 (Reuters) – Asian equities surged on Friday and were set for their first weekly gain in a month, as renewed hopes that China will relax its strict COVID measures spurred a rally in riskier assets. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was 2.07% higher on the day, with China’s ...