By Wayne Cole SYDNEY (Reuters) – With a July policy meeting done and dusted, the head of Australia’s central bank is waiting to hear if he will remain at the helm or take an early exit as[...]
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Asia
China’s services activity softens as recovery falters – Caixin PMI
BEIJING (Reuters) – China’s services activity expanded at the slowest pace in five months in June, a private-sector survey showed on Wednesday, as weakening demand weighed on post-pandemic[...]
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Shares in K-Pop agencies fall after report of antitrust probe
SEOUL (Reuters) – Shares in K-Pop management agencies fell on Wednesday, after South Korea’s antitrust watchdog began investigations into any potential infractions of subcontracting rules[...]
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Japan’s service activity maintains firm pace as demand picks up – PMI
TOKYO (Reuters) – Japan’s service activity maintained a brisk pace of growth in June as the relaxation of pandemic-related restrictions revived consumer demand, a private-sector survey sho[...]
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Beijing jabs in US-China tech fight with chip material export curbs
By Amy Lv and Brenda Goh BEIJING/SHANGHAI (Reuters) -Companies caught out by China’s decision to restrict exports of two metals widely used in semiconductors and electric vehicles were racing to[...]
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Morning Bid: China PMI eyed as U.S. trade war rumbles
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The most important Asian economic indicator from a pretty packed calendar[...]
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Shein in talks with banks and exchanges about U.S. IPO-sources
By Echo Wang and Anirban Sen NEW YORK (Reuters) – China-founded online retailer Shein is working with at least three investment banks about a potential U.S. initial public offering, and has been[...]
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Story on Shein’s IPO plans withdrawn
(Reuters) -The June 29 story on Shein has been withdrawn because it incorrectly stated that the China-founded online retailer had registered with U.S. regulators for an initial public offering. A new[...]
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Stocks drift as investors balance peak rate hopes with oil price rise
By Naomi Rovnick and Xie Yu LONDON/HONG KONG (Reuters) – Global stocks held steady on Tuesday, as investors balanced the inflationary force of rising oil prices with hopes that central banks wou[...]
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