(Reuters) – Attacks on vessels by Iranian-backed Houthi militants in Yemen have disrupted international commerce on the shortest shipping route between Europe and Asia. The attacks, targeting a[...]
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December 22, 2023
Marketmind: An epic Santa rally
(Reuters) – A look at the day ahead in U.S. and global markets by Amanda Cooper. It’s the last day in the final full week of trading for the year – not a bad point at which to take s[...]
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Global equity funds see significant outflows as investors book year-end profits
(Reuters) – Global equity funds saw significant withdrawals in the week up to Dec. 20 as investor enthusiasm over potential rate cuts waned and profit-taking set in ahead of the year-end holiday[...]
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Shares rise after Wednesday’s sell-off; dollar and oil fall
By Sinéad Carew NEW YORK (Reuters) -MSCI’s global stock index rose on Thursday, recouping some losses from the previous session’s late-session sell-off, while oil prices fell and the dolla[...]
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Japan-US ties stronger than ever, minister says amid US Steel scrutiny
TOKYO (Reuters) -Japanese Industry Minister Ken Saito said on Friday that U.S.-Japanese ties were “stronger than ever”, although he declined to comment directly on growing scrutiny in the[...]
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Japan banks scramble to beef up asset management business amid govt reform push
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) -The Japanese government’s reform push for the country’s $5 trillion asset management industry has sparked a series of action plans f[...]
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China’s Geely warns Red Sea attacks to delay Europe-bound EV shipments
SHANGHAI (Reuters) – Chinese automaker Geely warned on Friday its EV sales are likely to be impacted by a delay in deliveries due to the “situation” in the Red Sea, where Yemeni mili[...]
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Toshiba sees power chips as immediate growth driver after $14 billion buyout
TOKYO (Reuters) – Toshiba Corp sees power management chips as an immediate profit driver on the back of surging electric vehicle (EV) demand, its chief executive said on Friday, as the Japanese[...]
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Berkshire Hathaway boosts stake in Occidental Petroleum to about 28%
(Reuters) – Warren Buffett-led Berkshire Hathaway has acquired 5.2 million shares of Occidental Petroleum Corp, bringing its stake in the oil company closer to 28%, according to a regulatory fil[...]
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