BEIJING (Reuters) – U.S. Treasury Secretary Janet Yellen warned on Monday that the United States would not accept new industries being decimated by subsidized Chinese imports in the same way tha[...]
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April 8, 2024
Toyota tightens oversight over scandal-hit small car unit Daihatsu
TOKYO (Reuters) – Japan’s Daihatsu Motor said on Monday it will streamline the way it reports on development and certification to its parent Toyota Motor, as the compact car maker seeks to[...]
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Hong Kong looking at more steps to boost stock market, says Lee
By Selena Li and Dorothy Kam HONG KONG (Reuters) – Hong Kong’s leader John Lee said on Monday the authorities were considering additional measures to bolster the securities market in the A[...]
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Japan’s service-sector mood slumps, clouds BOJ rate hike path
TOKYO (Reuters) – Japan’s service-sector sentiment fell in March as rising living costs and bad weather weighed on consumption, a government survey showed, heightening uncertainty on how s[...]
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Factbox-Swiss government’s ‘too big to fail’ proposals loom for UBS
ZURICH (Reuters) – The Swiss government will this month present proposals aimed at protecting the country against the risk of banks deemed “too big to fail” in response to UBS’[...]
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HSBC targets wealthy expats, bullish Asian firms to drive Europe unit, exec says
By Sinead Cruise and Lawrence White LONDON (Reuters) – HSBC’s European chief is betting on rising regional wealth and overseas expansion by Asian corporate clients to boost his unit’[...]
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Former Japan FX tsar says yen weakening could trigger intervention at ‘any time’
By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) – Japanese authorities could intervene in the foreign exchange market to stem sharp falls in the yen “at any time” if its moves are ex[...]
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Morning Bid: Action-packed week awaits nervy markets
A look at the day ahead in European and global markets from Ankur Banerjee European markets are gearing up for a steady start to the week with the ECB widely expected to stand pat on rates but possibl[...]
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Brazil judge opens inquiry into Musk after refusal to block accounts on X
By Anthony Boadle BRASILIA (Reuters) – A standoff between Elon Musk and Brazil escalated on Sunday when a Supreme Court judge opened an inquiry into the billionaire after Musk said he would reac[...]
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