(Reuters) -The Australian securities regulator on Tuesday took the local unit of American Express Co (AmEx) to court alleging two of its credit cards co-branded with retailer David Jones were issued a[...]
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Asia
Marketmind: Powerless
A look at the day ahead in European and global markets from Anshuman Daga Just as missile attacks fuel worries of emergency blackouts in Ukraine, global equities are also feeling the pain from U.S. ec[...]
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Philippines inflation at 14-year high, backs case for 50 bps rate hike
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – Philippine annual inflation surged to a 14-year high in November driven mainly by higher food prices, the statistics agency said on[...]
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Australia records first current account deficit in three years
By Wayne Cole SYDNEY (Reuters) – Australia’s current account fell into deficit for the first time in three years last quarter as robust domestic demand sucked in imports and miners paid mo[...]
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India’s Oyo lays off 600 employees as part of ‘wide ranging’ reorganisation
(This Dec. 3 story has been refiled to correct spelling error in first paragraph) By Rhea Binoy (Reuters) – Softbank-backed Indian hotel aggregator Oyo Hotels and Homes Pvt Ltd said on Saturday[...]
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Marketmind: Reopen Sesame
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Wall Street slumped on Monday, battered by the old ‘good news is bad news’ adage following[...]
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Shares, bond prices fall as U.S. data sparks rate hike fears
By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) – Global stocks and Treasury prices fell on Monday as new evidence of a strong U.S. economy raised fears that interest rates will[...]
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Bankman-Fried says he will testify before U.S. House committee
(Reuters) – FTX founder Sam Bankman-Fried tweeted on Sunday that he would testify before the House Financial Services Committee after he finished “learning and reviewing” the events[...]
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Dollar gains broadly as upbeat U.S. data muddles Fed rate hike views
By John McCrank NEW YORK (Reuters) – The dollar gained against the yen, the euro and the pound on Monday after data showed that U.S. services industry activity unexpectedly picked up in November[...]
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