By Ben Blanchard and Jan Schwartz TAIPEI (Reuters) -Volkswagen is monitoring metals markets after China imposed export restrictions on two minor metals used in semiconductors and electric vehicles, it[...]
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July 7, 2023
Japan’s base salaries jump most since 1995, puts BOJ policy into view
By Satoshi Sugiyama and Kantaro Komiya TOKYO (Reuters) -Japan’s nominal base salary grew at the fastest pace in 28 years in May, government data showed on Friday, adding fuel to the debate over[...]
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Stocks sink as bond yields rise, U.S. jobs data fuels rate hike fears
By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) – MSCI’s global index of stocks fell on Thursday while Treasury yields rose as a surge in U.S. private payrolls prompted concerns t[...]
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BOJ deputy governor Uchida vows to keep yield control for now – Nikkei
By Leika Kihara TOKYO (Reuters) -Bank of Japan (BOJ) Deputy Governor Shinichi Uchida said the central bank will maintain its yield curve control policy from the perspective of sustaining ultra-loose m[...]
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Canada agrees up to C$15 billion in incentives for Stellantis-LGES battery plant
By Ismail Shakil OTTAWA (Reuters) -Canada will provide up to C$15 billion ($11.23 billion) in production incentives for a Stellantis-LG Energy Solution (LGES) electric vehicle battery plant, the feder[...]
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Biden touts investments, trip to lawmaker Taylor Greene’s backyard
By Jeff Mason and Jarrett Renshaw WEST COLUMBIA, South Carolina (Reuters) -President Joe Biden traveled to South Carolina to tout a new $60 million solar investment as the latest example that he is re[...]
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Wall St logs sharp losses as labor market strength stokes rate-hike fears
By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street’s main indexes ended sharply lower on Thursday in a broad sell-off after data showing a strong labor m[...]
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Levi Strauss to cut prices as weak consumer spending hits outlook
By Granth Vanaik and Katherine Masters (Reuters) -Levi Strauss & Co cut its annual profit forecast on Thursday, in a sign that higher costs were weighing on the denim clothing maker’s margin[...]
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