By Howard Schneider WASHINGTON (Reuters) – Jeffrey Haley, the CEO of American National Bank and Trust Company, saw the crunch coming at the start of 2023. Rising interest rates and a slowing eco[...]
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April 10, 2023
Marketmind: Have payrolls resurrected the ‘soft landing’?
A look at the day ahead in U.S. and global markets from Tom Westbrook A surprise drop in unemployment and steady-as-she-goes hiring figures are boosting confidence among believers that the United Stat[...]
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Bank of Canada seen on hold even as economy accelerates
By Fergal Smith TORONTO (Reuters) -The Bank of Canada is expected to take in stride surprising recent economic strength and leave interest rates unchanged at its meeting on Wednesday, pinning its hope[...]
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China’s car sales stay flat in March amid price war -CPCA
BEIJING/SHANGHAI (Reuters) – Growth in sales of China’s passenger vehicles was flat in March from a year earlier, industry data showed on Monday, as more price cuts by auto brands and the[...]
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Explainer-How does Japan’s yield curve control work?
By Leika Kihara TOKYO (Reuters) – New Bank of Japan Governor Kazuo Ueda’s main challenge will be to phase out yield curve control (YCC), which has come under criticism for distorting marke[...]
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Virgin Orbit bankruptcy casts shadow over Japan’s space dreams
((This April 7 story has been corrected to rectify the weight of the satellites, funding type and the amount in paragraph 7) ) By Eimi Yamamitsu TOKYO (Reuters) – The bankruptcy filing by Richar[...]
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Indonesia to propose limited free trade deal with US on critical minerals
By Stefanno Sulaiman JAKARTA (Reuters) – Indonesia will propose a free trade agreement for some minerals shipped to the United States so that companies in the electric vehicle battery supply cha[...]
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Factbox-Possible next steps for BOJ policy under new governor
By Leika Kihara TOKYO (Reuters) – New Bank of Japan Governor Kazuo Ueda’s main challenge will be to phase out its controversial yield curve control policy, which has come under criticism f[...]
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