By Harry Robertson and Ankur Banerjee LONDON/SINGAPORE (Reuters) – The dollar fell against the yen on Tuesday as markets remained on high alert for signs of Japanese intervention, but the broade[...]
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Asia
Central bank surprises see June become bumper 2023 rate hike month
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The world’s major central banks delivered in June the biggest number of monthly interest rate hikes year-to-date, surprising mar[...]
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What people are saying about China’s chipmaking export controls
(Reuters) -China will control exports of some metals used in the semiconductor industry, ramping up a technology war with the United States and potentially causing more disruption to global supply cha[...]
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Credit Suisse investor group joins claim seeking better UBS takeover price
By John Revill ZURICH (Reuters) -A Swiss proxy adviser representing some former Credit Suisse shareholders has backed a class-action lawsuit seeking a better price from UBS for its takeover of its cro[...]
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China’s choice of PBOC party chief signals financial stability worries
By Kevin Yao BEIJING (Reuters) – China’s appointment of financial technocrat Pan Gongsheng to a top political post at the central bank points to growing concerns within the country’s[...]
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Alibaba exploring options for video platforms Youku, Tudou -Bloomberg News
(Reuters) – Alibaba Group Holding is exploring options for its video streaming platforms Youku and Tudou, Bloomberg News reported on Tuesday, citing people familiar with the matter. One of the o[...]
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China state lenders lower dollar deposit rates for second time in a month – sources
By Winni Zhou and Ryan Woo SHANGHAI/BEIJING (Reuters) – China’s major state banks have lowered their dollar deposit rates for the second time in a month, seven banking sources with direct[...]
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TSMC founder: Globalisation in technology takes backseat to national priorities
By Sarah Wu TAIPEI (Reuters) – Globalisation is taking a backseat to priorities such as national security and technological leadership, with U.S.-China relations consisting more of competition t[...]
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Samsung Biologics unveils $920 million manufacturing deals for Pfizer
SEOUL (Reuters) – South Korea’s Samsung Biologics announced on Tuesday two deals with Pfizer worth around a combined 1.2 trillion won ($921.38 million) to manufacture products for the U.S.[...]
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