SEOUL (Reuters) – South Korea’s factory activity shrank at a steeper pace in June and extended its downturn to a record 12th consecutive month, a survey showed on Monday, underlining the c[...]
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Asia
RBA to raise rates to 4.35% on July 4 but decision on a knife edge
By Devayani Sathyan BENGALURU (Reuters) -The Reserve Bank of Australia will likely raise its interest rate by 25 basis points to 4.35% on Tuesday to tame stubbornly high inflation, although a Reuters[...]
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Marketmind: Q3 kicks off with China PMI in spotlight
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asia gets the new quarter underway with a sense of optimism and momentum[...]
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Australian home prices climb for fourth month in June
SYDNEY (Reuters) – Australian home prices rose for a fourth consecutive month in June as a sustained squeeze on housing supply helped lift values nationwide, data showed on Monday. Property cons[...]
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China urges Netherlands to not abuse export control measures
BEIJING (Reuters) – China has urged the Netherlands to not hinder bilateral cooperation in the semiconductor industry and to not abuse export controls, China’s Ministry of Commerce said in[...]
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Sandoz launches rival version of AbbVie’s arthritis drug Humira
(Reuters) – Swiss drugmaker Sandoz said on Saturday it had launched a biosimilar version of AbbVie Inc’s big selling arthritis treatment Humira, adding to U.S. competition for the drug tha[...]
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South Korea export downturn slows, trade balance swings to surplus
By Jihoon Lee SEOUL (Reuters) – South Korea’s export downturn slowed in June, with auto exports extending robust rises and semiconductors narrowing their decline, as the bellwether Asian e[...]
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China new home prices edge down in June for second consecutive month
BEIJING (Reuters) – New home prices in China edged down in June from the previous month, marking a second straight month of declines, and housing sales are likely to remain weak over the summer[...]
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Argentina makes IMF payment as deal talks grind on
By Rodrigo Campos and Jorge Otaola NEW YORK/BUENOS AIRES (Reuters) -The International Monetary Fund said on Friday that Argentina is current in its payment obligations, after the government said it ma[...]
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