A look at the day ahead in European and global markets from Anshuman Daga An impressive 6% rally in global stocks this month, the first gain in January after three years, has got investors all excited[...]
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January 31, 2023
What to do when your term life insurance is ending
By Chris Taylor NEW YORK (Reuters) – Joe Natiello is facing what you might call a “nice problem to have.” Almost 20 years ago, the 64-year-old Westfield, New Jersey, resident took ou[...]
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China’s copper costs driven up by Maike’s woes, output glitches
(This Jan. 20 story has been refiled to add dropped words in the eighth paragraph) By Siyi Liu and Dominique Patton FOSHAN, China (Reuters) – China’s copper buyers face higher costs for th[...]
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Samsung to keep up chip investment, undeterred by 8-year-low profit
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – South Korea’s Samsung Electronics Co Ltd on Tuesday indicated it has no plan to cut investment in chips this year, even as a weak global ec[...]
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China’s industrial profits contract in 2022 on COVID woes
By Ellen Zhang and Ryan Woo BEIJING (Reuters) -Profits at China’s industrial firms fell 4% in 2022 from a year earlier, official data showed on Tuesday, squeezed by the impact of strict COVID-19[...]
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Nissan shares rise after overhaul of Renault alliance
TOKYO (Reuters) -Shares of Nissan Motor Corp rose in Tokyo on Tuesday, after the Japanese automaker and its French partner Renault SA announced a sweeping overhaul of their two-decade-old alliance put[...]
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Australia Dec retail spending nosedives in warning for economy
By Stella Qiu SYDNEY (Reuters) – Australian retail sales recorded the biggest drop in more than two years in December, as rising borrowing costs and sky-high inflation finally sank spending, an[...]
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Emerging markets growth slowdown bottomed out in 2022, but risks remain – IMF
By Rodrigo Campos NEW YORK (Reuters) – The International Monetary Fund on Monday raised its output growth estimate on emerging markets for this year, with projections now showing the economic sl[...]
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IMF lifts 2023 growth forecast on China reopening, strength in U.S., Europe
By David Lawder and Xinghui Kok SINGAPORE/WASHINGTON (Reuters) – The International Monetary Fund on Tuesday raised its 2023 global growth outlook slightly due to “surprisingly resilient[...]
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