By Sarah McFarlane and Clara Denina LONDON (Reuters) – It’s the best of times, it’s the worst of times. At least when it comes to mining coal. After years of decline, demand for the[...]
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Asia
Billionaire investor Ackman bets Hong Kong dollar peg can break
By Tom Westbrook SINGAPORE (Reuters) – Billionaire investor Bill Ackman said he’s betting the Hong Kong dollar will fall and that its peg to the U.S. dollar can break, the latest big money[...]
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Marketmind: COVID vs RRR
By Stella Qiu SYDNEY (Reuters) – A look at the day ahead in European and global markets from Stella Qiu: Another central bank pivots. The Bank of Korea on Thursday slowed its pace of tightening[...]
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Japan Nov factory activity shrinks at quickest pace in 2 years
TOKYO (Reuters) – Japan’s manufacturing activity contracted at the fastest pace in two years in November as demand worsened due to strong inflationary pressures, a business survey showed o[...]
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South Korea producer inflation hits 16-month low in Oct
SEOUL (Reuters) – South Korea’s annual producer inflation slowed for a fourth straight month in October to a 16-month low, central bank data showed on Thursday. The producer price index st[...]
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China’s Country Garden gets new credit line of up to $7 billion – Securities Times
HONG KONG (Reuters) – Major Chinese developer Country Garden has signed a contract with the Postal Savings Bank of China for a credit line of up to 50 billion yuan ($7.0 billion), Securities Tim[...]
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Shares rise, U.S. Treasury yields drop as Fed minutes suggest slower rate hikes
By Chibuike Oguh NEW YORK (Reuters) -World equities rose while U.S. Treasury yields retreated on Wednesday after minutes of the Federal Reserve’s latest policy meeting showed U.S. central banker[...]
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RBNZ Governor says central bank policy now officially contractionary
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank governor said on Thursday benchmark interest rates needed to go higher and the country also needed to go into recession to[...]
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Marketmind: The Fed’s Thanksgiving tonic
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The Fed gave U.S. markets a perfect pre-Thanksgiving tonic on Wednesday, which should keep risk appeti[...]
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