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Asia

China’s EV maker Zeekr opens orders for two luxury cars in Sweden, Netherlands

BY Reuters  • June 28, 2023June 28, 2023
By Johan Ahlander and Sameer Manekar LONDON (Reuters) -Zeekr, Geely Automobile’s electric brand, said on Wednesday that two of its all-electric luxury cars are available for pre-order in the Net[...]
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Asia Business Economy Europe Updated

Dollar strengthens as Fed’s Powell speaks, yen pressured

BY Reuters  • June 28, 2023June 28, 2023
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index rose on Wednesday as Federal Reserve Chair Jerome Powell did not rule out the possibility of another rate hike by the central bank at i[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Exclusive-Top manager at U.S. firm privately sold high-tech in Russia

BY Reuters  • June 28, 2023June 28, 2023
By David Gauthier-Villars and Aram Roston (Reuters) – U.S. technology company Extreme Networks Inc said last year it had suspended all business activities in Russia to show solidarity with the p[...]
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Asia Business Economy Europe Technology Top News US

Temasek sells 1.85% stake in Singapore Airlines, remains top investor

BY Reuters  • June 28, 2023June 28, 2023
By Selena Li and Yantoultra Ngui HONG KONG/SINGAPORE (Reuters) – Singapore’s state investor Temasek is selling around S$400 million ($295.92 million) worth of shares, or a 1.85% stake, in[...]
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Asia Business Economy

Age of crisis leaves world’s big currencies out of sync

BY Reuters  • June 28, 2023June 28, 2023
By Alun John and Dhara Ranasinghe LONDON (Reuters) – Big global currencies are rarely on different paths. Yet Japan’s yen and China’s yuan are slumping against the dollar while in Eu[...]
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Asia Business Economy Europe UK US

Marketmind: G4 central bankers speak, chips wars rumble

BY Reuters  • June 28, 2023June 28, 2023
A look at the day ahead in U.S. and global markets from Mike Dolan Eyeing another slew of impressive U.S. economic soundings, the world’s four most powerful central bankers are set to give a col[...]
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Asia Business Economy Europe Politics UK US

India’s aerospace suppliers see upside in parts-making from record jet orders

BY Reuters  • June 28, 2023June 28, 2023
By Allison Lampert and Aditi Shah PARIS/DELHI (Reuters) -Indian aerospace suppliers see record jet orders by the country’s top two carriers boosting domestic parts manufacturing and aircraft rep[...]
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Asia Business Canada Economy Europe Top News Updated

Chinese payment giants revive effort to accept foreign credit cards

BY Reuters  • June 28, 2023June 28, 2023
By Josh Ye HONG KONG (Reuters) – Chinese tech giants Tencent Holdings and Ant Group said that they would allow users to link international credit cards to their platforms, an issue that has long[...]
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Asia Business Economy Technology US

Exclusive-Vietnam’s Truong Hai considers stake sale in $5 billion automotive arm – sources

BY Reuters  • June 28, 2023June 28, 2023
By Yantoultra Ngui and Phuong Nguyen SINGAPORE/HANOI (Reuters) – Vietnamese conglomerate Truong Hai Group, founded by tycoon Tran Ba Duong, is considering bringing in an investor into its automo[...]
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Asia Business Economy
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