(Reuters) – Just when it looked like rate cuts were coming any minute now, inflation has reared its head and the strength of the dollar is forcing other central bankers to protect their currenci[...]
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April 19, 2024
TSMC’s shares slide nearly 7% in Taipei on global chip outlook concerns
TAIPEI (Reuters) -TSMC’s Taipei-listed shares tumbled 6.7% on Friday following the company’s first-quarter earnings report in which it dialled back its expectations for chip sector growth[...]
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Bitcoin slides below $60,000 on reports Israel strikes Iran
(Reuters) -Cryptocurrencies fell heavily and bitcoin broke below $60,000 on Friday in a rush out of risky assets following reports of an Israeli missile strike on Iran. Bitcoin slid more than 5.5% to[...]
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Vietnam continues support for bank engulfed in massive fraud, central bank says
HANOI (Reuters) – Vietnam’s central bank said on Friday it had continued providing support to Saigon Joint Stock Commercial Bank (SCB), which it put under special supervision in October 20[...]
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Fed’s rate-cut foot-dragging grates on global peers at IMF meetings
By Marcela Ayres, Leika Kihara and Karin Strohecker WASHINGTON (Reuters) – Finance chiefs from economies large and small are scrambling to keep pace with the Federal Reserve’s rapid resett[...]
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Business travel picks up, bolstering outlook for US airlines
By Rajesh Kumar Singh CHICAGO (Reuters) – U.S. airlines have enjoyed a travel boom for the past three years, but until this past quarter, big-spending corporate travelers had been largely missin[...]
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Morning Bid: Mideast flare-up spooks markets
A look at the day ahead in European and global markets from Tom Westbrook: Escalation in the Middle East has rounded out a rough week for financial markets. Barring a reversal, world stocks are set to[...]
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Netflix to stop reporting subscriber tally as streaming wars cool
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Netflix on Thursday unexpectedly announced that it will stop reporting subscriber numbers each quarter, a decision seen as a sign that year[...]
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Instant view: Oil, Japan’s yen up on reports Israeli missiles hit Iran
(Reuters) – Oil and gold prices rose and Japan’s yen rallied on Friday on reports Israeli missiles have hit a site in Iran. Israel has struck Iran, three people familiar with the matter sa[...]
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