By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Another day, another whoosh higher on Wall Street, but the double whammy[...]
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Asia
Chip companies, top US officials discuss China policy
By David Shepardson and Stephen Nellis WASHINGTON (Reuters) -U.S. chip company executives met with top Biden administration officials on Monday to discuss China policy, the State Department and source[...]
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World economy in a difficult place but not destined to stay there – World Bank chief
GANDHINAGAR, India (Reuters) – The world economy is in a difficult place but it is not destined to stay there, World Bank President Ajay Banga said on Monday. The World Bank last month cut its 2[...]
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US stocks rise on earnings outlook, global shares dip on China data
By Herbert Lash NEW YORK (Reuters) -U.S. stocks rose on Monday on expectations corporate earnings will exceed forecasts, but global shares and the dollar traded little changed after data showed the Ch[...]
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Dollar decline slows as investors wait on Fed
By Karen Brettell NEW YORK (Reuters) – The dollar dipped against a basket of currencies on Monday after last week suffering its largest weekly decline this year as Treasury yields tumbled, but h[...]
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Evergrande’s overdue results show steep losses, liabilities
By Clare Jim HONG KONG (Reuters) -China Evergrande Group, the world’s most indebted property developer, posted a combined loss of $81 billion in 2021 and 2022 and a rise in total liabilities in[...]
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Yellen does not see recession in U.S. – Bloomberg interview
By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Monday the United States was making good progress in bringing inflation down and she did not expect the U.S. economy[...]
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Evergrande’s long-delayed 2021, 2022 results show significant losses
HONG KONG (Reuters) – Embattled property developer China Evergrande Group on Monday published its long delayed results for fiscal 2021 and 2022, posting significant losses and big drops in reven[...]
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Fisker to sell limited edition electric SUVs in India by fourth quarter
(Reuters) – U.S. startup Fisker said on Monday it would produce 100 limited edition electric sports utility vehicles (SUVs) for the Indian market and expects to begin deliveries in the fourth qu[...]
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