By Jamie McGeever ORLANDO, Florida (Reuters) -It’s been a long time coming, but the remarkably tight correlation between U.S. and euro zone interest rate expectations is set to unravel. The Euro[...]
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March 8, 2024
Bitcoin rises after rapid climb to new record
By Amanda Cooper and Rae Wee LONDON/SINGAPORE (Reuters) -Bitcoin rallied again on Wednesday in volatile trade, while ether jumped almost 10% as crypto mania continued to sweep through the investment c[...]
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Australia auto lobby split widens as Tesla, Volkswagen back tougher emissions plan
By Lewis Jackson and Stella Qiu SYDNEY (Reuters) -Volkswagen and Toyota have taken opposing sides on Australia’s proposed new rules to cut vehicle emissions, while electric vehicle makers Tesla[...]
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Asian stocks draw massive foreign funds on China’s reforms, AI surge
By Gaurav Dogra (Reuters) – Foreign investors poured substantial money into Asian equities in February amid a rebound in Chinese stocks following Beijing’s rollout of reform measures and a[...]
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Analysis-Markets see clearer ECB rate-cut roadmap as inflation fog lifts
By Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) – Investors are increasingly confident the European Central Bank may lead global peers with a rate cut in June as new economic projections[...]
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Boeing says annual employee bonuses will focus on safety
(Reuters) – Boeing said on Thursday it is overhauling how it pays employee bonuses to emphasize quality and safety, with this year’s operational goals exclusively focused on these two comp[...]
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Morning Bid: Cracks show in dollar’s reign
A look at the day ahead in European and global markets from Rae Wee The dollar’s 1% fall for the week thus far is set to be its steepest in nearly three months, and tonight’s U.S. jobs dat[...]
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China Evergrande liquidators appoint legal advisers, sources say
By Scott Murdoch SYDNEY (Reuters) – China Evergrande’s liquidators have hired three law firms to advise on the troubled property giant’s winding-up process, according to sources with[...]
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Bond trustee becomes new petitioner to liquidate China developer Kaisa
HONG KONG (Reuters) – A Hong Kong court adjourned a hearing to liquidate Chinese property developer Kaisa Group to April 29 after a bond trustee, instructed by a major group of dollar bondholder[...]
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