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Asia

U.S. Senate committee asks carmakers about Chinese supply chain

BY Reuters  • December 23, 2022December 23, 2022
By David Shepardson WASHINGTON (Reuters) -The U.S. Senate Finance Committee has asked eight major automakers, including General Motors, Tesla and Ford Motor, to disclose whether any of their component[...]
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Asia Business Politics Updated US

Exclusive-TikTok steps up efforts to clinch U.S. security deal

BY Reuters  • December 22, 2022December 22, 2022
By Echo Wang and David Shepardson NEW YORK/WASHINGTON (Reuters) – Popular short-video app TikTok is offering to operate more of its business at arm’s length and subject it to outside scrut[...]
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Asia Business Politics Technology Top News US

Marketmind: Season’s beatings

BY Reuters  • December 22, 2022December 22, 2022
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks look set to decline for a second consecutive week as a sea of red on Wall Street spills o[...]
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Asia Business Economy US

Wall Street ends sharply lower, dollar gains on hawkish policy fears

BY Reuters  • December 22, 2022December 22, 2022
By Stephen Culp NEW YORK (Reuters) – U.S. stocks tanked and the dollar eked out a small gain on Thursday as solid economic data fueled worries that the Federal Reserve’s monetary policy wi[...]
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Asia Australia Business Economy Europe Updated US

Russia’s No.2 lender VTB to buy rescued Otkritie Bank for $4.7 billion

BY Reuters  • December 22, 2022December 22, 2022
By Alexander Marrow, Elena Fabrichnaya and Maria Kiselyova MOSCOW (Reuters) -The Bank of Russia on Thursday agreed to sell bailed-out Otkritie Bank to the country’s No.2 lender, state-owned VTB,[...]
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Asia Business Economy Europe Politics Updated

Exclusive-Russia likely to buy yuan on FX market in 2023 – sources

BY Reuters  • December 22, 2022December 22, 2022
By Elena Fabrichnaya MOSCOW (Reuters) – Russia will start buying yuan on the currency market next year if oil and gas revenues meet expectations, two sources said, opening a new front in an acce[...]
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Asia Business Economy Europe

Yen rises, underpinned by BOJ policy tweak; dollar retreats

BY Reuters  • December 22, 2022December 22, 2022
By Rae Wee SINGAPORE (Reuters) – The yen firmed on Thursday, returning towards a four-month peak against the dollar hit earlier in the week after the Bank of Japan’s surprise tweak to its[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Japanese homeowners face an unfamiliar headache: higher mortgages

BY Reuters  • December 22, 2022December 22, 2022
By David Dolan and Daniel Leussink TOKYO (Reuters) – When salaryman Takayuki Nakamura bought his Tokyo home last year, he got a floating-rate mortgage at a rock-bottom 0.35% and an assurance fro[...]
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Asia Business Economy Entertainment and Lifestyle

Morning Bid: Not so fast

BY Reuters  • December 22, 2022December 22, 2022
A look at the day ahead in U.S. and global markets from Amanda Cooper. Ding dong, inflation’s dead! Or so you might think looking at what consumers reckon will happen to price pressures over the[...]
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Asia Business Economy Europe Top News UK US
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