FRANKFURT (Reuters) – Euro zone consumers have trimmed their expectations for inflation over the next 12 months, a European Central Bank poll showed on Tuesday, in a sign the ECB’s credit-[...]
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February 6, 2024
VinFast recalls nearly 6,000 units in Vietnam to replace switch
HANOI (Reuters) – Vietnam’s electric vehicle (EV) maker VinFast is recalling nearly 6,000 of its VF 5 cars sold in the domestic market to replace the combination switch, the company said o[...]
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Deutsche Bank no longer expects U.S. recession in 2024
(Reuters) – Deutsche Bank no longer expect the U.S. economy to tip into recession this year, given cooling inflation and the labor market returning to a “better balance” without unem[...]
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Novo Nordisk to begin 2024 share buybacks
OSLO (Reuters) – Novo Nordisk will on Tuesday begin the execution of its planned share buyback programme for 2024, the Danish maker of obesity drug Wegovy and diabetes treatment Ozempic said in[...]
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Australia central bank shakes off ‘Taylor Swift inflation’ fears
By Alasdair Pal and Stella Qiu SYDNEY (Reuters) – Reserve Bank of Australia Governor Michele Bullock said on Tuesday the “Taylor Swift inflation” effect has forced some spending adjustments, inc[...]
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China markets leap on prospect of policy boost
(Reuters) – Chinese equities headed for their biggest gains in 14 months on Tuesday and the yuan rose on further signs of state support for markets and a news report that President Xi Jinping wa[...]
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Australia’s RBA holds rates as inflation cools, warns hike still an option
By Stella Qiu and Wayne Cole SYDNEY (Reuters) -Australia’s central bank held interest rates steady on Tuesday but cautioned that a further increase could not be ruled out given inflation was sti[...]
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Inflation, US election to drive 2024 markets – JPMorgan trader survey
By Yoruk Bahceli (Reuters) -Inflation and the U.S. presidential election will be the biggest drivers of global markets this year, while liquidity challenges are a growing focus, according to traders s[...]
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Japan can retain deflation-fighting mandate even if BOJ ends negative rates -govt official
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – Japan can retain its decade-old blueprint focusing on efforts to beat deflation even if the central bank were to phase out its massive stimulu[...]
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