By Ryan Woo and Liangping Gao BEIJING (Reuters) -China’s consumer prices rose for the first time in six months due to spending linked to the Lunar New Year, offering some reprieve for the world[...]
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March 10, 2024
Morning Bid: Are China’s inflation, capital flows tides turning?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Signs of fatigue on Wall Street and mixed Chinese inflation data will set the tone for Asian markets on Monday, with growi[...]
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Analysis-Japan boosts reliance on allies Australia, US for long-term LNG supplies
By Katya Golubkova and Yuka Obayashi TOKYO (Reuters) – Resource-scarce Japan is shoring up long-term supplies of liquefied natural gas from close allies Australia and the United States as key co[...]
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Revised Japan Q4 GDP data to show economy likely avoided recession
By Satoshi Sugiyama TOKYO (Reuters) -Revised data for Japan’s fourth-quarter gross domestic product will likely show that the economy avoided a technical recession thanks to companies’ str[...]
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Reddit aims to raise $748 million in planned IPO, Bloomberg News says
(Reuters) – Media platform Reddit and its investors are seeking to raise as much as $748 million in its initial public offering, Bloomberg News reported on Sunday. The company is planning a sale[...]
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IDB approves $3.5 billion capital increase for investment arm
MEXICO CITY (Reuters) – The Inter-American Development Bank (IDB) approved a $3.5 billion capital increase for IDB Invest, its private sector arm, the bank’s head, Ilan Goldfajn, told an e[...]
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India’s Serum looks beyond COVID with new vaccines for malaria, dengue
By Manas Mishra PUNE, India (Reuters) – The CEO of the world’s biggest vaccine maker, Serum Institute of India, said the company has bolstered its manufacturing ahead of launches over the[...]
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Aramco hikes dividend 30% to $98 billion despite drop in profit
By Yousef Saba and Maha El Dahan DUBAI (Reuters) -Saudi Arabia’s state-owned oil giant Aramco boosted its dividend despite net profit falling 24.7% to $121.3 billion in 2023 on lower oil prices[...]
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Battle for White House comes into sharper focus for Wall Street
By David Randall NEW YORK (Reuters) -Investors fixated on earnings and monetary policy are starting to factor in another variable that could sway markets this year: the 2024 U.S. presidential election[...]
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