By Aditi Shah, Aditya Kalra and Nikunj Ohri NEW DELHI (Reuters) -India is working on a new electric vehicle policy that would slash import taxes for automakers that commit to some local manufacturing,[...]
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August 25, 2023
China regulator met with foreign investors to alleviate concerns – sources
By Selena Li HONG KONG (Reuters) – China’s securities regulator met with representatives from top Western asset managers on Friday to reassure them about the country’s economic prosp[...]
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Factbox-Companies sell their businesses in Russia
(Reuters) – Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they take action to comply with sanctions over the Ukraine conflict and respond[...]
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In China, Fukushima discharge met with bans, panic buying and wariness
By Casey Hall and Albee Zhang BEIJING (Reuters) -Chinese consumers stayed away from sea food stalls and rushed to stock up on salt following Beijing’s condemnation of Japan’s release on Th[...]
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Codelco’s new CEO Alvarado tasked with finding fixes for copper slide
By Fabian Cambero SANTIAGO (Reuters) – Chilean state mining giant Codelco’s incoming chief executive Ruben Alvarado has a mammoth task ahead of him: boosting copper output from its lowest[...]
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Marketmind: Dollar rockets as Powell trumps AI
A look at the day ahead in U.S. and global markets from Mike Dolan Hopes for a late August bloom in world markets were put on hold as investors hunkered down for a sobering assessment of the long-term[...]
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US Treasury yield curve shifts could be set-up for Jackson Hole unwind
By Davide Barbuscia and Carolina Mandl NEW YORK (Reuters) -Recent shifts in the U.S. Treasury yield curve may indicate that market optimism around the economy could wane, with some investors looking a[...]
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Hyundai Motor’s union in South Korea votes to strike
By Heekyong Yang SEOUL (Reuters) -Hyundai Motor’s unionised workers in South Korea voted on Friday for possible strike action after two months of talks with the company over wage increases and a[...]
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ECB must gauge digital euro impact on banks before launch -Spanish official
(Refiles to remove extraneous word ‘have’ from final paragraph) By Jesús Aguado MADRID (Reuters) -The European Central Bank needs to measure the impact of the digital euro on the euro zone[...]
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