By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – Many macro hedge funds that bet on global economic trends are ending the first half of 2023 with losses, but uncertainty around h[...]
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June 30, 2023
Marketmind: Markets await euro zone inflation; wary of yen
A look at the day ahead in European and global markets from Ankur Banerjee After German inflation bucked the trend and rose more than expected in June, the spotlight will firmly be on euro zone and Fr[...]
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South Korea’s robust economic activity in May paints brighter quarter
By Jihoon Lee SEOUL (Reuters) – South Korea’s factory production jumped unexpectedly in May, led by cars and chips, official data showed on Friday, while retail sales and facility investme[...]
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Analysis-Threat of ‘down rounds’ spur private credit funds in Asia
By Yantoultra Ngui SINGAPORE (Reuters) – From India to Singapore, Asia is seeing a boom in private credit funds looking to tap into demand mainly from startups that are moving away from raising[...]
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Spirit AeroSystems union workforce approves new contract, ending strike at Kansas plant
By Valerie Insinna WASHINGTON (Reuters) -Spirit AeroSystems said it would begin resuming operations at its plant in Wichita, Kansas, on Friday, after union workers on Thursday voted to accept a new co[...]
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Tokyo inflation points to broadening price pressure, tests dovish BOJ stance
By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Core inflation in Japan’s capital perked up in June and remained above the central bank’s 2% target for the 13th month, a sign price hike[...]
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Judge grills FTC about data in hearing on Microsoft deal to buy Activision
By Diane Bartz WASHINGTON (Reuters) -The judge hearing the U.S. Federal Trade Commission’s fight against Microsoft’s planned purchase of “Call of Duty” maker Activision Blizzar[...]
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Electrical accident at Chile’s El Teniente copper mine leaves one dead
SANTIAGO (Reuters) – An electrical accident at Codelco’s El Teniente mine in central Chile, the company’s largest copper mine, left one dead, the state-owned mining giant said in a s[...]
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Exclusive-Letter from prison: South Korean chip exec denies stealing Samsung data for China factory
By Heekyong Yang and Ju-min Park SEOUL (Reuters) – A South Korean chip executive imprisoned over industrial espionage charges rejected allegations he had sought to build a copycat chip factory i[...]
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