By Jonathan Stempel NEW YORK (Reuters) – Coinbase, the largest U.S. cryptocurrency platform, said it will ask a judge to dismiss the U.S. Securities and Exchange Commission lawsuit claiming it b[...]
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Asia
China’s debt relief to poor countries slows amid continuing appeals for support
By Joe Cash BEIJING (Reuters) – The value of Chinese debt relief decreased by over 50% between 2021 and 2022, a report from Rhodium Group showed, with Angola alone receiving two thirds of deferr[...]
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Germany to reject Binance’s bid for a cryptocurrency licence – source
FRANKFURT (Reuters) – German regulators have told Binance they will not grant it a cryptocurrency custody licence, a person with direct knowledge of the matter said on Thursday, the latest in a[...]
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Analysis-Dollar drought haunts frontier economies
By Duncan Miriri and Marc Jones NAIROBI/LONDON (Reuters) – As Pakistan spiralled into crisis this year, Wilson Muthaura pressed its government to put the tea Kenya’s KTDA co-operative prod[...]
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Ferrari launches two hybrid models in limited series based on SF90 supercar
MILAN (Reuters) – Luxury sports automaker Ferrari on Thursday unveiled two new plug-in hybrid models, produced in limited series and hitting the top end of the its price range. Based on 2019[...]
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Fed turns screw, Micron pops
A look at the day ahead in U.S. and global markets from Mike Dolan Emboldened by still-punchy U.S. economic activity, the Federal Reserve is gradually gaining market traction with a campaign to flag t[...]
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Rouble hits 15-month low past 87 vs dollar on political risk concerns
(Reuters) – The Russian rouble weakened past 87 against the dollar to a 15-month low on Thursday, hampered by domestic political risk concerns after an aborted mutiny over the weekend, with mark[...]
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Factbox-Policy measures China’s central bank could use to stem yuan weakness
(Reuters) – China has ramped up its effort to slow the depreciation of the yuan against the dollar this week and market participants widely believe that the People’s Bank of China (PBOC) m[...]
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New Zealand passes law guaranteeing bank deposits up to NZ$100,000
SYDNEY (Reuters) – New Zealand passed a law on Thursday guaranteeing bank deposits up to NZ$100,000 ($60,770), a move it said would strengthen and protect its financial system. The Deposit Taker[...]
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