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Asia

Singaporeans hit the malls on smart shopping spree before sales tax hike

BY Reuters  • December 27, 2022December 27, 2022
By Chen Lin and Isabel Kua SINGAPORE (Reuters) – Singaporean Soif Noor has already bought furniture and appliances for his new home, four months before he can move in. Like many residents, he[...]
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Asia Business Economy Europe

Wall St stocks fall, bond yields rise as China drops quarantine rule

BY Reuters  • December 27, 2022December 27, 2022
By Sinéad Carew NEW YORK (Reuters) – The S&P 500 and the Nasdaq closed lower on Tuesday after the release of U.S. economic data at the start of a holiday-shortened week while bond yields ros[...]
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Asia Australia Business Economy Europe Updated US

U.S. House administration arm bans TikTok on official devices

BY Reuters  • December 27, 2022December 27, 2022
By Moira Warburton (Reuters) – The popular Chinese video app TikTok has been banned from all U.S. House of Representatives-managed devices, according to the House’s administration arm, mim[...]
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Asia Business Politics Technology Top News Updated US

Chinese academic database fined by antitrust watchdog

BY Reuters  • December 27, 2022December 27, 2022
BEIJING (Reuters) – China’s State Administration for Market Regulation (SAMR) has fined China National Knowledge Infrastructure (CNKI) 87.6 million yuan ($12.6 million) for abusing a[...]
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Asia Business Economy Politics Updated

Dollar flat as investors digest China’s loosening of COVID rules

BY Reuters  • December 27, 2022December 27, 2022
By Hannah Lang WASHINGTON (Reuters) – The dollar was flat on Tuesday after China said it would scrap its COVID-19 quarantine rule for inbound travelers – a major step in reopening its bord[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Exclusive-Tesla to run reduced output in Shanghai in January, plan shows

BY Reuters  • December 27, 2022December 27, 2022
SHANGHAI (Reuters) – Tesla plans to run a reduced production schedule at its Shanghai plant in January, extending the reduced output it began this month into next year, according to an internal[...]
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Asia Business Technology Updated US

United Airlines assessing demand before adding flights to China

BY Reuters  • December 27, 2022December 27, 2022
(Reuters) – U.S. carrier United Airlines Holdings Inc said on Tuesday it is currently evaluating the market demand and operating environment to determine when to resume additional flight operati[...]
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Asia Business Updated US

Russian rouble slumps around 3% vs dollar as sanctions weigh

BY Reuters  • December 27, 2022December 27, 2022
By Alexander Marrow MOSCOW (Reuters) -The rouble dived around 3% against the dollar on Tuesday, failing to consolidate a recovery from last week’s slide as the market comes to terms with the pro[...]
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Asia Business Economy Europe Updated

Japanese firms sign multi-year agreements to buy LNG from Oman, U.S.

BY Reuters  • December 27, 2022December 27, 2022
By Yuka Obayashi TOKYO (Reuters) – Japanese companies have inked several deals to receive liquefied natural gas (LNG) supplies, with an up to 10 years basic agreement reached with Oman LNG and a[...]
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