BERLIN (Reuters) – Credit Suisse, which is now a subsidiary of UBS, posted a loss of 3.5 billion Swiss francs ($4.0 billion) in the second quarter of 2023, according to a report in the Sonntagsz[...]
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August 27, 2023
Analysis-U.S. growth, a puzzle to policymakers, could pose global risks
By Howard Schneider, Ann Saphir and Balazs Koranyi JACKSON HOLE, Wyoming (Reuters) – U.S. economic growth, still racing at a potentially inflationary pace as other key parts of the world slow, c[...]
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China halves stamp duty on stock trades to boost flagging market
BEIJING (Reuters) – China halved the stamp duty on stock trading effective Monday in the latest attempt to boost the struggling market as a recovery sputters in the world’s second-biggest[...]
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China’s industrial profits extend slump into seventh month
BEIJING (Reuters) -Profits at China’s industrial firms fell 6.7% in July from a year earlier, extending this year’s slump to a seventh month with weak demand squeezing companies as a post-[...]
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