By Michael Martina WASHINGTON (Reuters) -The U.S. on Friday warned about a new Chinese counterespionage law, saying American and other foreign companies in the country could face penalties from Chines[...]
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Asia
Wall St ends strong quarter with broad rally, dollar dips as inflation cools
By Stephen Culp NEW YORK (Reuters) – Wall Street closed sharply higher and the dollar softened on Friday as investors closed the books on a solid quarter, with data showing progress in the Feder[...]
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Corporate agitators slow down in Q2 but ready to pounce in H2 – Barclays data
By Svea Herbst-Bayliss NEW YORK (Reuters) – Following the busiest quarter on record, activist investors slowed down in the second three months of 2023 but are expected to mount more high-profile[...]
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Brazil offers tax advantages via e-commerce compliance program
BRASILIA (Reuters) -Brazil’s Finance Ministry will exempt companies participating in a new tax compliance program from paying federal taxes on e-commerce purchases up to $50, it announced on Fri[...]
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Dollar softer after PCE, consumer spending data
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index was lower on Friday following two straight days of gains, after economic data showed a cooling in consumer spending, raising some doubt[...]
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As the Libor era ends, market participants hope for ‘crickets’
By John McCrank and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The last rates based on the tarnished London Interbank Offer Rate, or Libor, were published on Friday, marking a mostly quiet en[...]
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HSBC blocking of Hong Konger pensions matter of ‘deep concern’, say US, UK lawmakers
LONDON (Reuters) – Two influential lawmakers in the United States and Britain accused HSBC on Friday of contributing to the oppression of people in Hong Kong by thwarting their attempts to acces[...]
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Xpeng shares jump as China EV maker prices SUV below Tesla Model Y
By Chavi Mehta (Reuters) -Xpeng’s U.S.-listed shares jumped more than 11% on Friday after the electric-car maker priced its latest G6 sport utility vehicle about 20% lower than Tesla’s Mod[...]
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Emerging markets carry investor hopes for H2 on lower inflation, rates
By Rodrigo Campos and Marc Jones NEW YORK/LONDON (Reuters) – From BlackRock to JPMorgan, some of the world’s top investors are upbeat on emerging markets for the second half of the year on[...]
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