BEIJING (Reuters) -China will use timely cuts in banks’ reserve requirement ratio (RRR), alongside other monetary policy tools, to keep liquidity reasonably ample, state media on Wednesday quote[...]
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November 23, 2022
Bank of Canada says higher interest rates still needed to tame inflation
By Steve Scherer and Ismail Shakil OTTAWA (Reuters) -Inflation in Canada remains too strong, and higher interest rates will be needed to cool the overheating economy, Bank of Canada Governor Tiff Mack[...]
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U.S. prepared to authorize Chevron to boost Venezuela’s oil output
By Marianna Parraga HOUSTON (Reuters) – Chevron Corp could soon win U.S. approval to expand operations in Venezuela and resume trading its oil once the Venezuelan government and its opposition r[...]
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Shares rise, U.S. Treasury yields drop as Fed minutes suggest slower rate hikes
By Chibuike Oguh NEW YORK (Reuters) -World equities rose while U.S. Treasury yields retreated on Wednesday after minutes of the Federal Reserve’s latest policy meeting showed U.S. central banker[...]
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Berkshire Hathaway says Warren Buffett donates shares to family charities
(Reuters) – Berkshire Hathaway Inc said Warren Buffett has donated more of his fortune to four family charities, without disclosing whether the billionaire chairman made a new donation to the Bi[...]
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Chevron’s Venezuelan oil exports will not profit state-run PDVSA – Washington source
HOUSTON (Reuters) – A U.S. license allowing Chevron Corp to expand Venezuela’s oil production and export its oil will be designed to prevent the country’s state-run oil firm PDVSA to[...]
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Republican presses Twitter chief Elon Musk to better protect U.S. user data
By Diane Bartz WASHINGTON (Reuters) – Top Senate Republican Chuck Grassley urged Elon Musk, who recently acquired Twitter, to conduct a threat assessment at the social company to better protect[...]
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RBNZ Governor says central bank policy now officially contractionary
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank governor said on Thursday benchmark interest rates needed to go higher and the country also needed to go into recession to[...]
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Marketmind: The Fed’s Thanksgiving tonic
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The Fed gave U.S. markets a perfect pre-Thanksgiving tonic on Wednesday, which should keep risk appeti[...]
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